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  • #821
  • Dec 11, 2019 2:05pm Dec 11, 2019 2:05pm
According to this method, now is sell signal on GBPUSD - right?
  • #822
  • Edited 2:34pm Dec 11, 2019 2:12pm | Edited 2:34pm
Quoting Mtinifx
According to this method, now is sell signal on GBPUSD - right?
Sorry no signal but I bet there will be on the next H1 bar!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 57 KB
  • #823
  • Dec 12, 2019 7:37am Dec 12, 2019 7:37am
Quoting Mtinifx
{quote} Sorry no signal but I bet there will be on the next H1 bar! {image}
Sorry totally wrong although it did come back into the channel!

I've loaded the other indi which gives the signal -
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 51 KB
  • #824
  • Dec 12, 2019 10:10am Dec 12, 2019 10:10am
Quoting Mtinifx
{quote} Sorry totally wrong although it did come back into the channel! I've loaded the other indi which gives the signal - {image}

Now back the other way - hopefully. More dangerous I suppose not waiting for the big arrow!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 32 KB
  • #825
  • Dec 13, 2019 12:46am Dec 13, 2019 12:46am
Hello Mtinifx, please are you taking trades just according to that green/red crosses? Thank you for answer
  • #826
  • Dec 13, 2019 6:43am Dec 13, 2019 6:43am
Quoting sakultrader
Hello Mtinifx, please are you taking trades just according to that green/red crosses? Thank you for answer
Hi sakultrader

Just testing but obviously not a good idea I think!

I think the approved method is to wait for the big arrow on M30 or M15
  • #827
  • Dec 13, 2019 8:20am Dec 13, 2019 8:20am
Quoting Mtinifx
{quote} Hi sakultrader Just testing but obviously not a good idea I think! I think the approved method is to wait for the big arrow on M30 or M15
Not sure if the big arrow was the correct one here though because it's outside the channel. Right? Probably the cross when price action went back inside the channel was the correct signal but I suppose it's subjective!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 32 KB
  • #828
  • Dec 13, 2019 8:57am Dec 13, 2019 8:57am
Hi, i have a small suggestion and i might be the only one who feels this way or i might not be but i think the main reason this thread hasn't received much attention is because of the License key that has to be used with EA that could change every month.

I do feel that the owner of the EA has the right to keep it safe, but could we not set within the EA a key required which is always constant rather than the one that would expire in some time. The constant key can be something like "freeEAfrom ... don't buy" something like that as that would inspire more confidence in other traders to test it and it would ensure no one would be able to sell it as the license key would give it away to the buyer.

I am sorry if i offended anyone with this post, i know its an amazing EA and i think if we do something like this it would give more confidence to people to test it knowing that the EA would surely work next month as well.
Trading is about earning money while preserving capital.
  • #829
  • Dec 13, 2019 12:50pm Dec 13, 2019 12:50pm
Quoting tony.stark
Hi, i have a small suggestion and i might be the only one who feels this way or i might not be but i think the main reason this thread hasn't received much attention is because of the License key that has to be used with EA that could change every month. I do feel that the owner of the EA has the right to keep it safe, but could we not set within the EA a key required which is always constant rather than the one that would expire in some time. The constant key can be something like "freeEAfrom ... don't buy" something like that as that would inspire...
Tony I think you're on the wrong thread mate

Try this one :https://www.forexfactory.com/showthread.php?t=961302
  • #830
  • Edited 3:42pm Dec 13, 2019 3:16pm | Edited 3:42pm
I wish you all the very best
DayTrading of this method is very simple and good, but in the days when the market ranging it is not good,
The best way to compensate the bad days and make a profit is just the reversing,
The reverse is excellent with the way sokysoks has pointed it out at post#632 and low profits and losses can be compensate by this reversing
https://www.forexfactory.com/showthread.php?p=12618056#post12618056

Today, daytrading and reversing 410 pips have profits
Take a look at the photos, today we saw some reversals in the market

Many thanks to zed.fr & sokysoks & others for their guidance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 93 KB
Click to Enlarge Name: AUDJPY.png Size: 96 KB
Click to Enlarge Name: GBPCAD.png Size: 90 KB
Click to Enlarge Name: EURJPY.png Size: 87 KB
Click to Enlarge Name: GBPJPY.png Size: 89 KB
Click to Enlarge Name: GBPUSD.png Size: 89 KB
be healthy and wealthy... Ceeport
  • #831
  • Dec 14, 2019 1:49am Dec 14, 2019 1:49am
Quoting leweg1
{quote} i believe these where the working ones, i haven't tried them as i use different indi's now {file}
Are this indicator has a expiration date like the others??
  • #832
  • Dec 14, 2019 5:53am Dec 14, 2019 5:53am
Quoting yako47
{quote} Are this indicator has a expiration date like the others??
Try them and find out?
  • #833
  • Dec 14, 2019 6:08am Dec 14, 2019 6:08am
I'm not sure about using the dashboard. That could be the reason why this thread is becoming a bit quiet. People are experiencing unnecessary losses. Also I really don't think this kind of system lends itself to an EA because the entry needs to be manually vetted first. Just my personal view!

Really I think it's better to concentrate on maybe 1 - 3 trading pairs. Just taking GU or GJ alone, there were more then enough pips available last week so why bother with other slow moving, choppy price movement pairs?

OK what I've done is added "wave dots" and "xsupertrend mtf" and deleted the BTM arrow. On backtest looks a lot better!

Time frame M30. I really don't like M15 but I suppose you can use M15 but you might get more useless signals! The strategy would be using the arrows/crosses/dots in combination to open a trade

Here's what it looks like:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 50 KB
  • #834
  • Dec 14, 2019 9:54am Dec 14, 2019 9:54am
No system is perfect one needs to brace up for the bad days ahead especially when you have indicators that repaint.
When you have an extreme spike and BTM arrow appears in the direction of the main trend its a great signal and i trade it on the 15min TF, though one needs to know when to enter the trade.
Why I like BTM is you know where the trend direction is and trade accordingly "trend is your friend"
How I wish I could show a chart in this regard.
Still learning from the best in this thread and parallel threads
  • #835
  • Dec 14, 2019 12:59pm Dec 14, 2019 12:59pm
Quoting Rivilearner
No system is perfect one needs to brace up for the bad days ahead especially when you have indicators that repaint. When you have an extreme spike and BTM arrow appears in the direction of the main trend its a great signal and i trade it on the 15min TF, though one needs to know when to enter the trade. Why I like BTM is you know where the trend direction is and trade accordingly "trend is your friend" How I wish I could show a chart in this regard. Still learning from the best in this thread and parallel threads
Go Ahead Rivilearner, do your best in showing a chart...

Thanks
  • #836
  • Dec 14, 2019 2:20pm Dec 14, 2019 2:20pm
Quoting Mtinifx
I'm not sure about using the dashboard. That could be the reason why this thread is becoming a bit quiet. People are experiencing unnecessary losses. Also I really don't think this kind of system lends itself to an EA because the entry needs to be manually vetted first. Just my personal view! Really I think it's better to concentrate on maybe 1 - 3 trading pairs. Just taking GU or GJ alone, there were more then enough pips available last week so why bother with other slow moving, choppy price movement pairs? OK what I've done is added "wave...
Well I don't know about taking trades at extremes. In my view it's a recipe for disaster. It's very spectacular to see someone posting a chart showing some trade taken on an extreme poke-through of BB outer line or TMA channel and maybe picked up a lot of pips however that same trader is not showing us all the trades that didn't work out and he got hit for six - I should know!

Anyway, moving the chart further forward, interesting to see how we got all the confirmation signals before that lovely big bullish candle Thursday evening. A great trade - I think that generally the system works quite well over the long term on backtest.

As I said, I don't think it's necessary to have the dashboard and be distracted all the time because one is looking at too many charts. You will then be missing good opportunities on just one or two selected pairs. That's my opinion anyway
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 46 KB
  • #837
  • Dec 14, 2019 3:51pm Dec 14, 2019 3:51pm
This is a chart to show what I meant earlier about taking trades of extreme spike and BTM arrow and Tp on r1 and r2.
more emphasis on second trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD-ECNM15.png Size: 48 KB
  • #838
  • Dec 14, 2019 4:03pm Dec 14, 2019 4:03pm
Quoting Rivilearner
This is a chart to show what I meant earlier about taking trades of extreme spike and BTM arrow and Tp on r1 and r2. more emphasis on second trade {image}
Rivilearner,

Appreciate the example. It looks like you are catching reversals. Is the 1st blue arrow an entry?

What is the 2nd set of band{blue lines}?

Thanks
  • #839
  • Dec 14, 2019 4:35pm Dec 14, 2019 4:35pm
Thanks, bro learning from you guys (the best)
The blue arrow is the BTM arrow and entry point, while the blue band is the 1hr, though I trade-off the 15min TF
  • #840
  • Dec 14, 2019 4:45pm Dec 14, 2019 4:45pm
Quoting Rivilearner
Thanks, bro learning from you guys (the best) The blue arrow is the BTM arrow and entry point, while the blue band is the 1hr, though I trade-off the 15min TF
Thanks Rivilearner for the quick response...

Would it be a problem to share the indicator and template you are using, so we can test and understand it better?
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