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How Wags Trades - TAS System

  • #21
  • Jun 16, 2020 2:48pm Jun 16, 2020 2:48pm
Quoting Rafaz1
Ok so it doesn't work for me on MT4 platform, appears in the indicators folder, but nothing happens when trying to select to show on main chart. Ok I'm gonna give up on that indicator and let the thread continue. I will revisit when all templates and indicators are uploaded to see if anything changes. Nonetheless very strange for it not to appear on my MT4 platform but may be down to some silly technical thing like the MT4 build number which is outside of my brain's capabilities

Go To market in MT4 and then indicators and search round numbers and select free

you will get it ok
  • #22
  • Jun 16, 2020 3:37pm Jun 16, 2020 3:37pm
Quoting Rafaz1
Ok so it doesn't work for me on MT4 platform, appears in the indicators folder, but nothing happens when trying to select to show on main chart. Ok I'm gonna give up on that indicator and let the thread continue. I will revisit when all templates and indicators are uploaded to see if anything changes. Nonetheless very strange for it not to appear on my MT4 platform but may be down to some silly technical thing like the MT4 build number which is outside of my brain's capabilities
Try this one Rafaz, it loads ok and does the job.
Attached File(s)
File Type: ex4 Round Numbers Indicator.ex4   31 KB | 553 downloads
Just trying to put a kiss on the cheek of success
  • #23
  • Jun 16, 2020 4:21pm Jun 16, 2020 4:21pm
It didn't work ... pulling me hair out now or whats left of it .... I am using MT4 and never experienced this before ...

Don't worry let's wait till someone more technical identifies what the issue is .. as it can't be isolated to me
  • #24
  • Jun 16, 2020 8:29pm Jun 16, 2020 8:29pm
The way they have messed up empty4 it's not surprising there are issues nowadays. Here is a Round Number indi which plces lines at 50 & 100 or just one or the other - up to the user. This is running on multiple platforms here and has done for many years. If it does not work for you then there is some issue peculiar to your setup. Remember to either re-start the platform or to click Refresh in the Navigator Heading "Indicators" - If you don't do that you will not see or be able to use this or any other added indi. The lines are placed on right edge and are adjustable as is text position on the line
Attached File(s)
File Type: ex4 RN 50.ex4   8 KB | 499 downloads
  • #25
  • Jun 16, 2020 11:59pm Jun 16, 2020 11:59pm
Quoting Rafaz1
Ok so it doesn't work for me on MT4 platform, appears in the indicators folder, but nothing happens when trying to select to show on main chart. Ok I'm gonna give up on that indicator and let the thread continue. I will revisit when all templates and indicators are uploaded to see if anything changes. Nonetheless very strange for it not to appear on my MT4 platform but may be down to some silly technical thing like the MT4 build number which is outside of my brain's capabilities
Hi,
It's not an MT4 glitch, rather it's part of MT4/Market Design.
Any indicator copied from the market folder will not work on any other terminal, you have to go download your own copy directly to your terminal.
That's why the one the OP uploaded will not work.
TRY THIS:
Put the indi inside the Market folder and see if it will work from there. I have never tried this, it just came to mind as I was writing this reply.
Cheers
  • #26
  • Jun 17, 2020 2:39am Jun 17, 2020 2:39am
Quoting RapzyFX
{quote} Hi, It's not an MT4 glitch, rather it's part of MT4/Market Design. Any indicator copied from the market folder will not work on any other terminal, you have to go download your own copy directly to your terminal. That's why the one the OP uploaded will not work. TRY THIS: Put the indi inside the Market folder and see if it will work from there. I have never tried this, it just came to mind as I was writing this reply. Cheers
I was about to say this morning, thanks for explaining
  • #27
  • Jun 17, 2020 2:46am Jun 17, 2020 2:46am
I set Sell limit on EC for overnight monday evening as all was meeting my setup, looking forward to hopefully another push donwards today as OBV is now making LL divergence with price

Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-h1-oanda-division7.png Size: 60 KB
  • #28
  • Jun 17, 2020 2:47am Jun 17, 2020 2:47am
There are many setups each week on many pairs , i will be only concentrating on a few at a time as it can get messy.

Please feel free to show any setups you find that match the setup of the strategy
  • #29
  • Jun 17, 2020 3:21am Jun 17, 2020 3:21am
Quoting Wags
TAS Forex Strategy Explained Some of you will read this and some of you will not, Some of you will make money and some of you will not. How i run through a trade setup, In my brain it takes a few minutes, But in writing it takes a lot longer to explain, so do not be put off by the following as i am cramming minutes into many words. 1. First Things First First of all my name is Paul, i am from the United Kingdom and have now been studying Forex trading for the past 7 years starting of with binary options for 3 years before transferring to Forex and...
Hi Wags,
Really cool stuff presented here and as you said it's really looking and sounding very simple to do. I also love the dynamic nature with which you use the indicators which makes it all the more interesting. This is a Non static discretionary method of trading with Rules. Really genius and am staying here.
To be honest I see its high level of profitablity and common sense approach if one knew though. Thanks for sharing....... off to hit the subscription button 'cos I know my trading just hit jackpot!!!
Cheers and more power to your trading.
Rapzy
  • #30
  • Jun 17, 2020 3:41am Jun 17, 2020 3:41am
Quoting Wags
There are many setups each week on many pairs , i will be only concentrating on a few at a time as it can get messy. Please feel free to show any setups you find that match the setup of the strategy
On your 1st post where you showed 2+4 trades with around 2600pips, it would be helpful if you could explain what triggers the trades. Although you explained re. setups, your entry criteria (rules) not clear to me.

Regards,
Blackeagle
  • #31
  • Jun 17, 2020 4:24am Jun 17, 2020 4:24am
Quoting Blackeagle
{quote} On your 1st post where you showed 2+4 trades with around 2600pips, it would be helpful if you could explain what triggers the trades. Although you explained re. setups, your entry criteria (rules) not clear to me. Regards, Blackeagle
Im not the best at explaining things so please bare with me

This obviously is determined by the size of your account, you may just enter single trade and let it run or enter on each possible entry and then manage your trade as of the strategy or your own method, I am no expert by any means but the trades would have never hit the 100 pip SL or 100 pip trailing until the exit shown on image.

All entries were valid as OBV was below its own MA's and OBV was in divergence each time price reacted off the Round Numbers 500 and 1000, see below.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1-obv-divergence-of-200-moving-averages-800x369.png Size: 101 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1-local-divergence-800x369.png Size: 86 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1-trade-summary-800x369.png Size: 101 KB
  • #32
  • Jun 17, 2020 4:29am Jun 17, 2020 4:29am
Quoting AltosTrader
The way they have messed up empty4 it's not surprising there are issues nowadays. Here is a Round Number indi which plces lines at 50 & 100 or just one or the other - up to the user. This is running on multiple platforms here and has done for many years. If it does not work for you then there is some issue peculiar to your setup. Remember to either re-start the platform or to click Refresh in the Navigator Heading "Indicators" - If you don't do that you will not see or be able to use this or any other added indi. The lines are placed on right edge...
That worked brilliant ... is there any way to reduce the lines so they don't extend all the way to the right of the main chart screen?
  • #33
  • Jun 17, 2020 4:30am Jun 17, 2020 4:30am
Quoting RapzyFX
{quote} Hi Wags, Really cool stuff presented here and as you said it's really looking and sounding very simple to do. I also love the dynamic nature with which you use the indicators which makes it all the more interesting. This is a Non static discretionary method of trading with Rules. Really genius and am staying here. To be honest I see its high level of profitablity and common sense approach if one knew though. Thanks for sharing....... off to hit the subscription button 'cos I know my trading just hit jackpot!!! Cheers and more power to your...
Hi Rapz

Thankyou for your kind words, we may not always win but we can put the odds in our favour and these are usually strong moves on the given TF

We need to watch OBV and OBV's 50 ema closely when entering, we need to be careful of short term HL, LL etc etc.

These small but important fluctuations become more clear as we trade the strategy

There are many more better traders than me around on here and im sure with this edge will really do well and also spot stuff i have not noticed,

Wags
  • #34
  • Jun 17, 2020 4:42am Jun 17, 2020 4:42am
thanks Op for this wonderful strategy of yours.. but we are still waiting for you to upload the trading tools..
  • #35
  • Jun 17, 2020 4:50am Jun 17, 2020 4:50am
Quoting youngjosh
thanks Op for this wonderful strategy of yours.. but we are still waiting for you to upload the trading tools..
Sorry im a bit of a pain lol , i will get them sorted in the next hour
  • #36
  • Jun 17, 2020 4:52am Jun 17, 2020 4:52am
I really like these strong divergences especially at the start of a possible new trend

Then also look to see if OBV starts making LL and HL for continuation of the down move and vice versa for up move

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division7.png Size: 64 KB
  • #37
  • Jun 17, 2020 5:04am Jun 17, 2020 5:04am
Ive move my SL to lock in 30 pips as it was quite a strong candle

we are now playing with someone elses money
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-h1-oanda-division7-2.png Size: 61 KB
  • #38
  • Jun 17, 2020 5:10am Jun 17, 2020 5:10am
Hi Wags thanks for this system,do these 2 trades meet the systems requirements thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCADiH1.png Size: 97 KB
Click to Enlarge Name: EURAUDiH1.png Size: 103 KB
  • #39
  • Jun 17, 2020 5:20am Jun 17, 2020 5:20am
Quoting Dino10
Hi Wags thanks for this system,do these 2 trades meet the systems requirements thanks {image} {image}
Hi Dino

Even though Divergence is strong on both which is good

I dont like how OBV is coming close to its own 200 MA's and OBV 50 ema is sloped down a couple of times, sometimes this is a sign of new trend coming, thats the first image.

Second image could be start of new trend but OBV has just moved below and OBV 50 ema is in between 200's

not saying you wont make money on these but personally i would not have entered them

EDIT for image 1

Your screen looks totally different than mine regarding OBV 50 ema, on mine i would call it valid setup and wait for reaction off RN

No reaction at 1.70000 though
  • #40
  • Jun 17, 2020 5:26am Jun 17, 2020 5:26am
Would you consider this counter move as an entry if it reaches the round number or just an exit thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFiH1.png Size: 89 KB
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