D1 Elasticity Pullback Trading | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, Gold/USD

Similar Threads

fxrabbiM15Bomb: PA Around Breakout & Pullback Trading 35 replies

free MT4 EA - Stochastics Pullback Trend Trading Strategy 0 replies

TPT - Trend pullback trading 49 replies

MTF Trend-Pullback Trading 90 replies

Moving Average Elasticity 35 replies

Attachments: D1 Elasticity Pullback Trading
Exit Attachments

D1 Elasticity Pullback Trading

  • #21
  • Jan 10, 2020 12:02pm Jan 10, 2020 12:02pm
Could you please Tell a bit more about your Moneymanagement ?

Thanks for the great Work.
  • #22
  • Jan 10, 2020 12:38pm Jan 10, 2020 12:38pm
Quoting ghbdr
THE FRACTAL RULE INSIDE BAR EXCEPTION FOR BUY When candle 3 close bearish for a call you wait if this candle is an inside bar. wait for candle 4. If this candle is bullsih at its close we put a buy stop order on its high. {image} FOR SELL When candle 3 close bullish for a put you wait if this candle is an inside bar. wait for candle 4. If this candle 4 is bearish at its close we put a sell stop order on its high. {image}
Thanks for the great system!

i think you mean on the low of the candle (not the high) for sell?
  • #23
  • Jan 10, 2020 12:53pm Jan 10, 2020 12:53pm
Quoting TheJube
{quote} Thanks for the great system! i think you mean on the low of the candle (not the high) for sell?
I mean high of the candle comparing with its open and close. For a bear candle The close is The high (your low)
Trade what you see
  • #24
  • Jan 10, 2020 1:08pm Jan 10, 2020 1:08pm
It is a 4H chart, i know, but i see a trendline touch, a fractal, and on the stoch i see enough space and hidden divergence. So if i'm correct, i should wait for this candle to close, and then place a sell order below the low of that last candle close.

Am i seeing it correct?
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd-h4-international-capital-markets.png Size: 240 KB
  • #25
  • Jan 10, 2020 1:32pm Jan 10, 2020 1:32pm
Quoting TheJube
It is a 4H chart, i know, but i see a trendline touch, a fractal, and on the stoch i see enough space and hidden divergence. So if i'm correct, i should wait for this candle to close, and then place a sell order below the low of that last candle close. Am i seeing it correct? {image}
An inside bar is developing. At ist close if the high is lower than middle candle and closes bearish place a sell stop order below the close. If it closes bullsih wait for next candle to close bearish and place the sell order below its close. By the way I measure divergence acording to the slower stoch 14 3 3 (red one) not the fast 5 3 3 so for the moment no hidden div but the elasticity is enough confirmation for taking the trade
Trade what you see
  • #26
  • Jan 10, 2020 1:33pm Jan 10, 2020 1:33pm
Quoting ghbdr
{quote} An inside bar is developing. At ist close if the high is lower than middle candle and closes bearish place a sell stop order below the close. If it closes bullsih wait for next candle to close bearish and place the sell order below its close. By the way I measure divergence acording to the slower stoch 14 3 3 (red one) not the fast 5 3 3 so for the moment no hidden div but the elasticity is enough confirmation for taking the trade
Okay thanks for the explaination!
  • #27
  • Jan 10, 2020 1:35pm Jan 10, 2020 1:35pm
The only use for measuring div with faster stoch is to spot what I call elastic divergence. I will explain later with some pictures
Trade what you see
  • #28
  • Jan 10, 2020 1:50pm Jan 10, 2020 1:50pm
THE HH LL FAILURE EXCEPTION

When a new high or low is made during the elasticity development within the pullback and the candle that makes the new high or low closes as a bearish or bullsih pinbar, hammer or a big size body candle with a rejection wick you can place a sell stop order below/over the close of that candle. I like to see as litlle rejection size on its close as possible. If this candle has a considerable wick on its close I wait for the V shape

HH FAILURE

Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 44 KB


LL FAILURE

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 43 KB
Trade what you see
  • #29
  • Jan 10, 2020 2:36pm Jan 10, 2020 2:36pm
ELASTIC DIVERGENCE

When the pullback is in place sometimes you can see the phenomenon I call Elastic divergence. The elasticity between the fast and slow stochs makes a divergence. On one of the stochs you can see a hidden div. When I see this signal as an extra confirmation I double the lot size on the trade

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 45 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 59 KB
Trade what you see
  • #30
  • Jan 10, 2020 3:01pm Jan 10, 2020 3:01pm
Trade setup for GBPJPY

If the HH failure + elastic div confirmed next week will be a short trade. I would approach this trade as a quick scalp due to the clasic div revealin bull preasure
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 48 KB
Trade what you see
  • #31
  • Jan 10, 2020 3:12pm Jan 10, 2020 3:12pm
On the first example of the elastic divergence, you take the hidden divergence from the green stoch, and on the last example (GBPJY) you take the hidden divergence of the orange stoch. So which one do we take? Or are both valid to look at?
  • #32
  • Jan 10, 2020 3:19pm Jan 10, 2020 3:19pm
More examples of the HHLL Failure. The cream arrows are a custom indi that spots this phenomenon. You can easily backtest the confluence of elasticity and failures. Most are winners on D1 trading

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 61 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 64 KB
Trade what you see
  • #33
  • Jan 10, 2020 3:22pm Jan 10, 2020 3:22pm
Quoting TheJube
On the first example of the elastic divergence, you take the hidden divergence from the green stoch, and on the last example (GBPJY) you take the hidden divergence of the orange stoch. So which one do we take? Or are both valid to look at?
Yes. You can spot the hidden divergence in any of the stochs but I prefer to see the divergence on the 5 3 3 the fastest one. The reasoin is that when the fastest stoch is so far fom the slow one the slow force the fast to come back and therefore the price too
Trade what you see
  • #34
  • Jan 10, 2020 3:35pm Jan 10, 2020 3:35pm
Quoting ghbdr
I've been trading Forex for 5 years. 2 years of blowing accounts like every newbie and the last 3 using my own system based on fractals, stoch elasticity hunting pullbacks on trend on D1 charts. Now I make a living out of it with a nice income and 50% growth monthly on average. Pictures talk by itselfs. For elasticity check this threads. Huge thanks to Spudfyre and boxingslife for their contribution and inspiration. Stoch elasticity is the core of my trading approach. Template and indicators needed: {file} {file} {file} Elasticity: https://www.forexfactory.com/showthread.php?t=13321...
This thread is also about gaps in stochastics: https://www.forexfactory.com/showthr...4#post12626594
  • #35
  • Jan 10, 2020 5:12pm Jan 10, 2020 5:12pm
Hello ad thank you for the content shared. Fractals doesn't load with tpl in my case, so i ask to you: is fractal's period set to 25?
  • #36
  • Jan 10, 2020 5:14pm Jan 10, 2020 5:14pm
What do you mean with "elasticity"? Basically it is when the fast stochastic is separated from the slower one?
  • #37
  • Jan 10, 2020 5:16pm Jan 10, 2020 5:16pm
Quoting MrGreen95
Hello ad thank you for the content shared. Fractals doesn't load with tpl in my case, so i ask to you: is fractal's period set to 25?
Post #12. Attach indi manually twice for two different settings and save the template again.
  • #38
  • Jan 10, 2020 5:28pm Jan 10, 2020 5:28pm
Quoting TheJube
{quote} This thread is also about gaps in stochastics: https://www.forexfactory.com/showthr...4#post12626594
Yes. Great stuff. I also use MTF analisys before entering on a trade but I want to keep this strategy as simple as possible and really know you can make a living only watching D1 with both stochs and trading pullbacks supported by elasticity
Trade what you see
  • #39
  • Jan 10, 2020 5:30pm Jan 10, 2020 5:30pm
Quoting MrGreen95
Hello ad thank you for the content shared. Fractals doesn't load with tpl in my case, so i ask to you: is fractal's period set to 25?
I have two times the fractal indi loaded on charts. Lighter one with period 8 and black with 25 period
Trade what you see
  • #40
  • Jan 10, 2020 5:31pm Jan 10, 2020 5:31pm
Quoting MrGreen95
What do you mean with "elasticity"? Basically it is when the fast stochastic is separated from the slower one?
Exactly
Trade what you see
8 traders viewing now