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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #21
  • Edited 9:12pm May 5, 2019 7:29pm | Edited 9:12pm
This will be the last post, showing charts results. Do not dwell at these charts, they are just proof of concept...With this post I will have shown trades on all the pairs I am trading and the TFs.

This method is crying out for an EA, it's so methodical that it just needs to be left alone on all charts and TF's.

If someone is interested in creating the EA or anyone wanting an EA, Let me know via PM or shout on my profile because I would like to open another thread for the EA alone.

Here are the rest of the charts...and the pairs and TFs I am trading.

Chris
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  • #22
  • May 5, 2019 7:55pm May 5, 2019 7:55pm
I’m using the v.02 indicator and it doesn’t look anything like yours. Virtually every arrow has a dot with it, instead of random arrows with dots.
  • #23
  • May 5, 2019 9:11pm May 5, 2019 9:11pm
Quoting ChicagoRob
I’m using the v.02 indicator and it doesn’t look anything like yours. Virtually every arrow has a dot with it, instead of random arrows with dots.
Every arrow has a dot, not all dots have arrows
  • #24
  • May 5, 2019 9:58pm May 5, 2019 9:58pm
Hi @cfudge thank u for your contribution, can u explain the logic behind volume/volatility indi, as we all know volume in fx isnt really reliable, and yes, i think your strategy will be a great ea, hope some coder can help
  • #25
  • May 5, 2019 10:22pm May 5, 2019 10:22pm
Quoting cfudge
{quote} Every arrow has a dot, not all dots have arrows
On the last chart above, I see at least 50 arrows without dots.
  • #26
  • May 5, 2019 11:21pm May 5, 2019 11:21pm
Quoting ChicagoRob
{quote} On the last chart above, I see at least 50 arrows without dots.
If you look closely you'll see there is a dot, only the arrow has painted over it, some are clearer than others.
  • #27
  • May 6, 2019 2:01am May 6, 2019 2:01am
Quoting Traveller365
{quote} If you look closely you'll see there is a dot, only the arrow has painted over it, some are clearer than others.
OK, that makes sense.
  • #28
  • May 6, 2019 3:14am May 6, 2019 3:14am
Hi cfudge, great new thread looking forward to it all. Has anyone asked ICERICE to correct the EA. I am very keen to see this go all the way.
  • #29
  • May 6, 2019 5:28am May 6, 2019 5:28am
Quoting ChicagoRob
{quote} OK, that makes sense.
Hi ChicagoRob,

let me disturb this thread one last time as it is not appreciated what I bring in here.

You as a pure PA trader said "Trade what you see" and that is the best. The price is the truth and after that comes, whatever.

Just to correct, consecutive candles v 01, v 02 and v 03 is my idea. Rpasupathy had the idea of "weird candles.ex4" which are totally useless.

Please go to "my last humble request" read page one and two, then go to post 73 and you understand what dots and arrows are showing.

I mean your question shows, that you did not understand what v 02 is doing.

Otherwise you can`t trade what you see, but from now on you get an alert to make things way easier. That was my intention.

Cheers
  • #30
  • May 6, 2019 6:55am May 6, 2019 6:55am
I am trying to get a hang of the system i think the buy should have been triggered just after 4 where i circled. can you explain? @cfudge.
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  • #31
  • May 6, 2019 7:09am May 6, 2019 7:09am
Quoting wolf300
{quote} Hi ChicagoRob, let me disturb this thread one last time as it is not appreciated what I bring in here. You as a pure PA trader said "Trade what you see" and that is the best. The price is the truth and after that comes, whatever. Just to correct, consecutive candles v 01, v 02 and v 03 is my idea. Rpasupathy had the idea of "weird candles.ex4" which are totally useless. Please go to "my last humble request" read page one and two, then go to post 73 and you understand what dots and arrows are showing. I mean your question shows, that you...
Thanks, wolf300. I have read My Last Humble Request, but I can see I need to put in more research. My primary areas of study are turning points and continuations in the daily candle. I’ve been around the block with inside bars, outside bars, and various other PA setups. It’s a tough nut to crack. I’m not much of a discretionary trader - I’m more comfortable with mechanical PA strategies.

It’ll be interesting to see how this plays out with indicators, which, honestly, I’ve never liked. I’m an old dog, but I’m always ready to learn new tricks.
  • #32
  • Edited 8:50am May 6, 2019 8:31am | Edited 8:50am
Quoting wolf300
{quote} Hi ChicagoRob, let me disturb this thread one last time as it is not appreciated what I bring in here. You as a pure PA trader said "Trade what you see" and that is the best. The price is the truth and after that comes, whatever. Just to correct, consecutive candles v 01, v 02 and v 03 is my idea. Rpasupathy had the idea of "weird candles.ex4" which are totally useless. Please go to "my last humble request" read page one and two, then go to post 73 and you understand what dots and arrows are showing. I mean your question shows, that you...
Hi Wolf

Sorry about that.
LOL...you are not a disturbance, I know what you like and this is not quite it. I did not respond to your post for 2 reasons...1. I did not want to start different things, as we are so early in the thread 2. I did not exactly understand your chart lol...that is on me not you.

I had another look and posted in Last Humble Request thread.

Chris
  • #33
  • May 6, 2019 8:32am May 6, 2019 8:32am
Quoting wolero7
I am trying to get a hang of the system i think the buy should have been triggered just after 4 where i circled. can you explain? @cfudge. {image}
No trade at your circle because we need another candle with a green dot to confirm after the arrow candle.

Chris
  • #34
  • May 6, 2019 8:38am May 6, 2019 8:38am
Hey developers , great Idea that I am currently testing but I have noticed that my volume and volatitility indicator isnt updating unless i keep putting the template over and over again. Any solution ? Thanks lads appreciate the hard work youve put in
  • #35
  • May 6, 2019 9:09am May 6, 2019 9:09am
this is a problem..change TFs quickly to update it.
I have contacted the maker of this indicator but no response yet.
  • #36
  • May 6, 2019 9:13am May 6, 2019 9:13am
Appreciate it , works like a charm. Will be active on this forum for testing and other purposes.
  • #37
  • May 6, 2019 3:16pm May 6, 2019 3:16pm
Hi Chris , Can you have a look at this chart when you have time please. It will be good to see if I am picking up what is needed to trade this properly. Appreciate your feedback.
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  • #38
  • May 6, 2019 4:58pm May 6, 2019 4:58pm
Quoting binnie
Hi Chris , Can you have a look at this chart when you have time please. It will be good to see if I am picking up what is needed to trade this properly. Appreciate your feedback. {image}
Hey binnie

Yes...perfect entry, I am in on this too. There are two more sells on that chart I am in ...see my chart (red verticle lines).

I prefer to close at Williams %R cross of opposite -20/-80 line but I have set a TP exactly like you because I was at work.

Chris

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  • #39
  • May 7, 2019 7:06am May 7, 2019 7:06am
So the live forward testing begins.

Would you be kind enough to confirm this is a valid entry?
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  • #40
  • May 7, 2019 7:31am May 7, 2019 7:31am
Quoting Traveller365
So the live forward testing begins. Would you be kind enough to confirm this is a valid entry? {image}
You have an arrow, a dot, and a crossover. Looks perfect to me. Must be good, as I see lots of green pips.
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