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D1 Elasticity Pullback Trading

  • #41
  • Jan 10, 2020 8:20pm Jan 10, 2020 8:20pm
Quoting ghbdr
{quote} I have two times the fractal indi loaded on charts. Lighter one with period 8 and black with 25 period
Hello, thanks for sharing your awesome system.
I am not familiar with fractal indi. Does 25 period signal is stronger than 8 period reversal signal? Thank you.
  • #42
  • Jan 10, 2020 11:40pm Jan 10, 2020 11:40pm
Interesting system. This is the kind of system I have been looking for long time. It's perfect for trader with day job.
  • #43
  • Edited 12:13am Jan 11, 2020 12:03am | Edited 12:13am
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.
Only 2 years walking through the valley of the shadow of death, you are a talented trader, subscribed
  • #44
  • Jan 11, 2020 1:18am Jan 11, 2020 1:18am
Attached Image (click to enlarge)
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Hi ghbdr and thanks for your great system. My stochastic is different to yours though and I don't understand why? Anybody have any ideas? Thanks in advance.
  • #45
  • Jan 11, 2020 1:51am Jan 11, 2020 1:51am
Quoting Inescapable
{image} Hi ghbdr and thanks for your great system. My stochastic is different to yours though and I don't understand why? Anybody have any ideas? Thanks in advance.
Download ghbdr´s template mate, the idea is the use of two stochs 14,3,3 and 5,3,3 ...take a look at the principles of elasticity, he provided the links...You can create easily your own template friend.
“Stops don’t limit profits — they prevent disasters.”
  • #46
  • Jan 11, 2020 1:58am Jan 11, 2020 1:58am
Quoting Mrsaini
Interesting system. This is the kind of system I have been looking for long time. It's perfect for trader with day job.
It is Mrsaini...simple system, it is needed a good account with a good size(D1 requires wider stops), good money managment and experience in the field like every system...

Have a great day mate..
“Stops don’t limit profits — they prevent disasters.”
  • #47
  • Jan 11, 2020 2:40am Jan 11, 2020 2:40am
Quoting Dagaco
{quote} Download ghbdr´s template mate, the idea is the use of two stochs 14,3,3 and 5,3,3 ...take a look at the principles of elasticity, he provided the links...You can create easily your own template friend.
Thanks Dagaco
  • #48
  • Jan 11, 2020 2:50am Jan 11, 2020 2:50am
Quoting Dagaco
{quote} It is Mrsaini...simple system, it is needed a good account with a good size(D1 requires wider stops), good money managment and experience in the field like every system... Have a great day mate..
Yes indeed, I wonder how many setups we can get on daily time frame in a month per pair. Back testing now.
  • #49
  • Jan 11, 2020 3:38am Jan 11, 2020 3:38am
Quoting ghbdr
Stoch elasticity is the core of my trading approach.
I take it that you know that what you call "elasticity" trading is nothing more than classical pullback/retracement trading.
  • #50
  • Jan 11, 2020 3:42am Jan 11, 2020 3:42am
Quoting Inescapable
{image} Hi ghbdr and thanks for your great system. My stochastic is different to yours though and I don't understand why? Anybody have any ideas? Thanks in advance.
You need to plot two stochs only k lines 5 3 3 and 14 3 3. The stoch provided on first post doesnt draw the actual bar. Only when the bar closes it updates the line. I dont make decisions based on open candle data.
Trade what you see
  • #51
  • Jan 11, 2020 3:46am Jan 11, 2020 3:46am
Quoting josi
{quote} I take it that you know that what you call "elasticity" trading is nothing more than classical pullback/retracement trading.
Of course. You can trade the pullback only with fractals or naked charts but I like stoch to detect divergences and to get a grasp about the strength and momentum of the trend and the quality of the pullback
Trade what you see
  • #52
  • Jan 11, 2020 3:56am Jan 11, 2020 3:56am
What I like about the use of the two stochs is that they give you MTF info in one TF. When you see a nice elasticity on D1 is traslated to an extreme oversold/overbought area in H4. Once the H4 stochs start making higher lows and so does the price is a great indication that the price will rise soon. I like to see the H4 stochs over the 23.6 and making Higher lows before considering taking an entry on D1

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 49 KB
Attached Image (click to enlarge)
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Trade what you see
  • #53
  • Jan 11, 2020 4:00am Jan 11, 2020 4:00am
Quoting Mrsaini
{quote} Yes indeed, I wonder how many setups we can get on daily time frame in a month per pair. Back testing now.
I trade all major pairs, gold, silver, crude oil and some indices like Dax, Sp500, Aus200 so you get enough opportunities each month
Trade what you see
  • #54
  • Jan 11, 2020 5:47am Jan 11, 2020 5:47am
The fractals does not repaint on the current bar? thanks
  • #55
  • Jan 11, 2020 6:35am Jan 11, 2020 6:35am
Quoting ghbdr
{quote} You need to plot two stochs only k lines 5 3 3 and 14 3 3. The stoch provided on first post doesnt draw the actual bar. Only when the bar closes it updates the line. I dont make decisions based on open candle data.

Thankyou ghbdr
  • #56
  • Jan 11, 2020 8:28am Jan 11, 2020 8:28am
Quoting Blackeagle
{quote} Post #12. Attach indi manually twice for two different settings and save the template again.

Thank you Blackeagle, i already did it, i'm talking about Fractal's period. Is it set to 25, right?
  • #57
  • Jan 11, 2020 8:56am Jan 11, 2020 8:56am
Quoting kingsfort
The fractals does not repaint on the current bar? thanks
The fractal indicator repaint but once a Fractal is formed it doesnt..
“Stops don’t limit profits — they prevent disasters.”
  • #58
  • Jan 11, 2020 8:59am Jan 11, 2020 8:59am
Quoting kingsfort
The fractals does not repaint on the current bar? thanks
This is what i mean mate..

https://www.investopedia.com/article...6/fractals.asp

Fractals are patterns

Have a great day..
“Stops don’t limit profits — they prevent disasters.”
  • #59
  • Jan 11, 2020 9:11am Jan 11, 2020 9:11am
Quoting ghbdr
{quote} I have two times the fractal indi loaded on charts. Lighter one with period 8 and black with 25 period

I' ve read it only now, thank you
  • #60
  • Jan 11, 2020 9:27am Jan 11, 2020 9:27am
Quoting Dagaco
{quote} This is what i mean mate.. https://www.investopedia.com/article...6/fractals.asp Fractals are patterns Have a great day..
Thanks Dagaco,
If this fractals are not repainted, this is 99% winning system on weekly chart.
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