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Price Action System/Indicator

  • #241
  • Mar 26, 2019 2:02am Mar 26, 2019 2:02am
First I would like to say very good job in creating such an indicator zoheb1, thank you.


But I have a problem that I don't receive alerts for inside bar aka. snowflake? I get alerts for engulfing and marubuzu but not for inside bar? I have tried 1.2 and 1.3 version.
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-03-26 08_00_48-AUDUSD,M30.png Size: 120 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #242
  • Mar 27, 2019 5:07pm Mar 27, 2019 5:07pm
Quoting drsa1970
{quote} I am sorry for uploading parameters details frequently,it did not happen by changing candle range to 1, would you please look at all parameters and if I need to change anything else? or if I need to check it after market opens on Monday? Thanks {image}
Please see settings below:

Attached Image (click to enlarge)
Click to Enlarge Name: Engulfing Settings.PNG Size: 98 KB
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  • #243
  • Mar 27, 2019 5:08pm Mar 27, 2019 5:08pm
Quoting Erebus
{quote} Do people really trade this on 5 minutes? If so, can you show some trade results? If you drop the Minimum Body % to 64 those signals might show, I even got an extra one! Good luck, and please learn the tools you are using before actually trading! {image}
Erebus! Glad your still using the indicator, I see you promoting it in other threads which is great. Keep believing!!
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  • #244
  • Mar 27, 2019 5:10pm Mar 27, 2019 5:10pm
Quoting eInvestFX
SUB this tread. Can tell me settings ENGULFING H1 H4 ? Thanks.
It really depends on your trading style. The rules you set the less signals you get but the theory is that they are more reliable!

Good luck.
Never stop investing. Never stop improving. Never stop doing something new
  • #245
  • Mar 27, 2019 5:11pm Mar 27, 2019 5:11pm
Quoting Degolep
First I would like to say very good job in creating such an indicator zoheb1, thank you. But I have a problem that I don't receive alerts for inside bar aka. snowflake? I get alerts for engulfing and marubuzu but not for inside bar? I have tried 1.2 and 1.3 version. {image}
Thanks man for the comments, really appreciate it.

I've tested on mine and seems to work. Will speak to the coder and see if we can get it sorted in v1.4.
Never stop investing. Never stop improving. Never stop doing something new
  • #246
  • Mar 27, 2019 5:23pm Mar 27, 2019 5:23pm
Some interesting signals over the past few days on the hourly.

Attached Image (click to enlarge)
Click to Enlarge Name: signals.png Size: 102 KB
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  • #247
  • Edited 5:58pm Mar 27, 2019 5:35pm | Edited 5:58pm
Quoting zoheb01
{quote} Thanks man for the comments, really appreciate it. I've tested on mine and seems to work. Will speak to the coder and see if we can get it sorted in v1.4.
Ok. I have tried it on 3 different mt4 clients and on 2 different computers and it's the same. Just for info.

Also I have 2 suggestions for the upcoming version. If it's enough interest and use for you.

-for pinbar if we could set a number for which signals we get. For example: I would like to get only pinbar alerts that the price wasn't there for last 200 bars.
-if we could select each individual pattern for which we would like to get the alerts. Now if you enable a pattern you also get notifications. For example: I would like to get alerts for pinbar and engulfing but would also like to see doji's on my chart.
Anything above the line is an uptrend, below the line is a downtrend.
  • #248
  • Mar 27, 2019 6:51pm Mar 27, 2019 6:51pm
Quoting Degolep
{quote} Ok. I have tried it on 3 different mt4 clients and on 2 different computers and it's the same. Just for info. Also I have 2 suggestions for the upcoming version. If it's enough interest and use for you. -for pinbar if we could set a number for which signals we get. For example: I would like to get only pinbar alerts that the price wasn't there for last 200 bars. -if we could select each individual pattern for which we would like to get the alerts. Now if you enable a pattern you also get notifications. For example: I would like to get alerts...
These settings you request are already built in to the existing indicator
  • #249
  • Mar 29, 2019 9:05am Mar 29, 2019 9:05am
Quoting cfudge
{quote} These settings you request are already built in to the existing indicator
Oh then I must be blind, where?
Anything above the line is an uptrend, below the line is a downtrend.
  • #250
  • Apr 2, 2019 2:50am Apr 2, 2019 2:50am
thanks zoheb01......
  • #251
  • Apr 3, 2019 12:30pm Apr 3, 2019 12:30pm
Quoting zoheb01
Hey guys, after reading this forum for a long time and obtaining so much value I thought it was only fair that for my first post I would give some value back to the community. My preferred trading style is price action/candle stick patterns as it makes the most sense to me. I’ve read pretty much all of Steve Nison’s content. I then came across Walter Peters book the Naked Forex and was instantly hooked. His rules were clear which made it easy to identify certain patterns. My problem was is that I would have to sit there and check each bar if the...
hi sir,
can you please create an EA of OTG price action 1.3 version indicator
  • #252
  • Apr 4, 2019 2:41pm Apr 4, 2019 2:41pm
Quoting Qeju
thanks zoheb01......
Thanks buddy
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  • #253
  • Apr 4, 2019 2:42pm Apr 4, 2019 2:42pm
Quoting hassan1
{quote} hi sir, can you please create an EA of OTG price action 1.3 version indicator
Your not the first to ask me that question! It's something I've been thinking about for a while. If I do it, I'll let this thread know!
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  • #254
  • Apr 8, 2019 10:53pm Apr 8, 2019 10:53pm
Hi Zoheb.....

I think a dashboard of your price action indicator v1.3 will be very useful. It shows 28 pairs with time frame from M1 to MN, with or without MA filter, only pin bar and engulfing candle. We can put alert on/off for each time frame, so the TF M1 alert which will occur frequently can be on/off.
  • #255
  • Apr 19, 2019 5:02pm Apr 19, 2019 5:02pm
Quoting Qeju
Hi Zoheb..... I think a dashboard of your price action indicator v1.3 will be very useful. It shows 28 pairs with time frame from M1 to MN, with or without MA filter, only pin bar and engulfing candle. We can put alert on/off for each time frame, so the TF M1 alert which will occur frequently can be on/off.
Thanks for your suggestion. It's something I've thought about before but not sure how much strain it will take on bandwidth. I will speak with my coder and get his thoughts on how this could work.
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  • #256
  • Apr 19, 2019 5:32pm Apr 19, 2019 5:32pm
Even with the release of v1.3 (trading with the trend) we still can't forget how powerful this indicator is for signaling high probability reversal signals.

The chart below shows a perfect example of this. The key is not blindly trading every pattern signal the indicator provides but WHERE THE PATTERN WAS FORMED ON THE CHART.

Enjoy!

Attached Image (click to enlarge)
Click to Enlarge Name: Reversal Example.png Size: 49 KB
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  • #257
  • Apr 23, 2019 2:41am Apr 23, 2019 2:41am
Quoting zoheb01
{quote} Thanks for your suggestion. It's something I've thought about before but not sure how much strain it will take on bandwidth. I will speak with my coder and get his thoughts on how this could work.
Thanks for your kind response.....
  • #258
  • Apr 23, 2019 3:08am Apr 23, 2019 3:08am
A bit longer, but it works!!

But I use Erebus' setting, quantity of previous candle range check: 1
Minimum Body% : 64
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD zohebindi.jpg Size: 183 KB
  • #259
  • Apr 23, 2019 7:46am Apr 23, 2019 7:46am
Bearish engulfing at resistance..... let see.....
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD zohebindi2.jpg Size: 164 KB
  • #260
  • Apr 23, 2019 5:39pm Apr 23, 2019 5:39pm
Anyone got in on this?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 48 KB
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