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Smart Volume Divergence!

  • #121
  • Apr 23, 2019 6:15am Apr 23, 2019 6:15am
Quoting TheJube
{quote} Especially on the H4 that is a BIG difference. Can we conclude then that this strategy works best on MT5 with certain brokers?
Cant say which is better,because there is difference H4 closing time,
But MT5 in mobile app there is option tick volume or real volume(cant use), in MT4 mobile there isnt option like that

MT5
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MT4
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  • #122
  • Apr 23, 2019 11:00am Apr 23, 2019 11:00am
Hi guys pretty interesting thread, I was wondering whay if we use this to trade index in mt4 does they give you real volume on mt4? Thank you in advance
  • #123
  • Apr 23, 2019 11:12am Apr 23, 2019 11:12am
Quoting Iamdrp
Hi guys pretty interesting thread, I was wondering whay if we use this to trade index in mt4 does they give you real volume on mt4? Thank you in advance
MT4 brokers feed is mostly CFD.
S&P500 IC Markets (CFD) vs. TD Ameritrade (Futures):
15M chart
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #124
  • Apr 23, 2019 11:53am Apr 23, 2019 11:53am
Quoting heispark
{quote} MT4 brokers feed is mostly CFD. S&P500 IC Markets (CFD) vs. TD Ameritrade (Futures): 15M chart {image}{image}
They look pretty similar I think its possible to make this concept profitable.
  • #125
  • Apr 24, 2019 3:57am Apr 24, 2019 3:57am
Its so wrong sir buy sell indicater
Attached Image (click to enlarge)
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Sanaullah
  • #126
  • Apr 24, 2019 5:28am Apr 24, 2019 5:28am
Sanaullah i think that you don't understand rules of this strategy. Maybe just try to read rules again
  • #127
  • Apr 24, 2019 6:12am Apr 24, 2019 6:12am
Quoting sanaullah79
Its so wrong sir buy sell indicater {image}
it's a sell signal!.
The signal is in the direction of the 21 and 50 EMA cross.
  • #128
  • Apr 24, 2019 6:48am Apr 24, 2019 6:48am
Quoting sanaullah79
Its so wrong sir buy sell indicater
The indicator tell you to wait a sell signal, according to the strategy rules.
  • #129
  • Apr 24, 2019 6:51am Apr 24, 2019 6:51am
thanks for info
Sanaullah
  • #130
  • Apr 24, 2019 11:18am Apr 24, 2019 11:18am
Quoting bamboopips
{quote} Hello. I'm on a course at a farm and unfortunately I can not operate normally these weeks. I'm just following the Brazilian index a little while I can, but next month I'm going to operate the Forex market again in full mode. But I'll post an example of a more detailed trade. It's a BUY signal in EURJPY, 5min. I hope it's clear. {image}
Bamboopips,

Thanks for selflessly sharing your system/work. It is intuitive indeed.

Could you please clarify a doubt: I assumed the trigger candle is the candle where the divergence happens. After looking at the above example: Is the trigger candle the 1st Green Candle/Color Change [For Buys] after the divergence condition is met?

Attached Image (click to enlarge)
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Thanks
  • #131
  • Apr 24, 2019 11:31am Apr 24, 2019 11:31am
I have the same confusion about the trigger candle.
Please clarify using the above picture or another picture.
Thanks
  • #132
  • Apr 24, 2019 11:44am Apr 24, 2019 11:44am
Quoting aaven
{quote} Bamboopips, Thanks for selflessly sharing your system/work. It is intuitive indeed. Could you please clarify a doubt: I assumed the trigger candle is the candle where the divergence happens. After looking at the above example: Is the trigger candle the 1st Green Candle/Color Change [For Buys] after the divergence condition is met? {image} Thanks
Hi!
Thanks for the reply.
The trigger Candle is indeed the first candle with Heiken Ashi color change.
Some times the divergence still present for several candles before the heiken ashi turn to buy and treigger the trade.
  • #133
  • Apr 24, 2019 11:45am Apr 24, 2019 11:45am
Quoting bamboopips
{quote} Hi! Thanks for the reply. The trigger Candle is indeed the first candle with Heiken Ashi color change. Some times the divergence still present for several candles before the heiken ashi turn to buy and treigger the trade.
But as I said before. If I saw a good candle pattern like a good pinbar I enter the trade before the heiken ashi.
  • #134
  • Apr 24, 2019 12:32pm Apr 24, 2019 12:32pm
Quoting sanaullah79
Its so wrong sir buy sell indicater {image}
first red candle is sell signal
  • #135
  • Apr 24, 2019 1:51pm Apr 24, 2019 1:51pm
Quoting bamboopips
{quote} Hi! Thanks for the reply. The trigger Candle is indeed the first candle with Heiken Ashi color change. Some times the divergence still present for several candles before the heiken ashi turn to buy and treigger the trade.
Bamboopips,

Thanks for the clarification and the quick reply. Just to confirm, at the Trigger Candle/Color Change, the divergence should be still intact, if not we scrap the trade?
  • #136
  • Apr 24, 2019 5:52pm Apr 24, 2019 5:52pm
So guys I did some visual backtesting and I notice that on the daily chart this signals are quite good you can use the art for tp. Anyway maybe the only problem is the lack of signals and the time you wait to get one what you guys think?
  • #137
  • Apr 24, 2019 5:52pm Apr 24, 2019 5:52pm
*atr
  • #138
  • Apr 25, 2019 2:01am Apr 25, 2019 2:01am
Quoting crodzilla
{quote} That was some RSI inputs left over from a different indicator dashboard. That is what I get for rushing... It uses the OnBalanceVolume and all the moving averages for OBV and price, that you describe in the first post. When the WHOLE BUTTON is GREEN, that is a BULLISH divergence. When the WHOLE BUTTON is RED, that is a BEARISH divergence. The indications are for CURRENT BAR. Attached is an updated version 4. Carl PS. Due to the amount of data this indicator collects and all the moving average calculations, it may show a previous bars (or...
Thanks Carl for making the work look so easy and for your generosity in sharing the dashboard...
  • #139
  • Apr 25, 2019 2:03am Apr 25, 2019 2:03am
Quoting DonVito
Hi guys, As I promised to you in attached is the MT4 and Mt5 version of Crodzilla's dashboard. I made some variation, now the dashboard work on closing of candle (when the signals is definitely confirmed). Many thanks to Crodzilla for source code. {file} {file}
Thanks Donvito...
  • #140
  • Apr 25, 2019 2:05am Apr 25, 2019 2:05am
Quoting heispark
NZDUSD (IC Markets) vs. /6N (TD Ameritrade Thinkorswim) 4H chart {image}{image} 15M chart {image}{image}
Heispark,

From the charts seen, the gist is we are better off using real volume wherever possible as suggested by Bamboopips?

Thanks
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