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Daily Trading Strategy [ADR + RSI = High Probability]

  • #761
  • Sep 9, 2020 10:01am Sep 9, 2020 10:01am
Quoting Jarass1080
And once again I have to thank my colleague Fdosanchez. For providing the indicator and WT_SR-MTF settings. It seems to me that it is necessary to establish precise inputs.
Hi, Jarass1080.
Please tell me your trade method.
Today, I took GBPCHF pair by near yerrow line price.
then the price went up! now getting.
your method is very effective.
bestregards.
thanks.
  • #762
  • Sep 9, 2020 10:17am Sep 9, 2020 10:17am
[quote = Akiroo; 13157232] {quote} Cześć, Jarass1080. Proszę, powiedz mi swoją metodę handlu. Dzisiaj wziąłem parę GBPCHF po cenie bliskiej yerrow. wtedy cena poszła w górę! teraz się. Twoja metoda jest bardzo skuteczna. Z poważaniem. dzięki. [/ quote]

Buddy, the daily ADR is more important than my yellow lines. I think so. So you should buy by daily ADR. But in my opinion, Gbp chf is still in a downward trend, it broke the support lines, the WT_SR indicator. And it goes downstairs. But I can be wrong. Because what you did and opened a buy position is correct. In your situation, just set sl to the plus position. check me on TMA on 1H that they are not finished yet. If Gbp goes down, you won't lose. And you will have to repeat the buy lower. I have gbp Chf in buy limit but on a lower level, come I don't know 100% if it's ok.
  • #763
  • Sep 9, 2020 10:33am Sep 9, 2020 10:33am
The analysis will show it. Your position is absolutely right. But I have to be secured. It will show screenshot 4h and I will describe it. 1. The white up arrow is your entrance. on my yellow line there is also WT_SR indicator support. it is quite a strong signal. 2. There is a white down arrow there is resistance for that price reacts. 3. Red down arrow is monthly support. 4. The red arrow up is my buy limit. Yes, I see a lot of price rebound.
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  • #764
  • Sep 9, 2020 11:37am Sep 9, 2020 11:37am
Quoting NoobM
{quote} ADR didnt repainted, it just worked like that, you cant expect it had day high and day low already
It is repainting. I have confirmed. Start at 00:05 GMT+3 when it places it's original prices, note down the high and low ADR lines and their values, then come back after 12 hours or 20 hours of the day and check the current values. You will find the ADR High and Low of the same day have shifted. Today I watched with GBPUSD and the High has moved by 62 pips down and the Low has moved by 29 pips. See my screenshot. I had used Pending orders to mark the prices and see where ADR is now

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  • #765
  • Sep 9, 2020 11:43am Sep 9, 2020 11:43am
[quote = edwinjil; 13157426] {quote} To jest malowanie. Potwierdziłem. Zacznij od 00:05 GMT + 3, kiedy ustawia swoje oryginalne ceny, zanotuj wysokie i niskie linie ADR oraz ich wartości, a następnie wróć po 12 lub 20 godzinach dnia i sprawdź aktualne wartości. Przekonasz się, że ADR High i Low tego samego dnia uległy zmianie. Dziś oglądałem z GBPUSD i najwyższy poziom spadł o 62 pipsy, a dołek o 29 pipsów. Zobacz mój zrzut ekranu. Użyłem zamówień oczekujących, aby oznaczyć ceny i zobaczyć, gdzie jest teraz ADR {image} [/ quote]

If you think so, then don't use it. In my opinion, the market is mutating, and every good indicator must follow the market. Therefore, one of you should take pictures of yourself and analyze everything yourself. And not some historical stories.
  • #766
  • Sep 9, 2020 11:48am Sep 9, 2020 11:48am
Quoting Jarass1080
[quote = edwinjil; 13157426] {quote} To jest malowanie. Potwierdziłem. Zacznij od 00:05 GMT + 3, kiedy ustawia swoje oryginalne ceny, zanotuj wysokie i niskie linie ADR oraz ich wartości, a następnie wróć po 12 lub 20 godzinach dnia i sprawdź aktualne wartości. Przekonasz się, że ADR High i Low tego samego dnia uległy zmianie. Dziś oglądałem z GBPUSD i najwyższy poziom spadł o 62 pipsy, a dołek o 29 pipsów. Zobacz mój zrzut ekranu. Użyłem zamówień oczekujących,...
That is why I asked the admin for the source code of the indicator so that I can add some small tweek to help me backtest the strategy
  • #767
  • Sep 9, 2020 1:08pm Sep 9, 2020 1:08pm
Quoting edwinjil
{quote} That is why I asked the admin for the source code of the indicator so that I can add some small tweek to help me backtest the strategy
maybe that makes sense. keep trying.
  • #768
  • Sep 10, 2020 10:52am Sep 10, 2020 10:52am
Quoting Jarass1080
The analysis will show it. Your position is absolutely right. But I have to be secured. It will show screenshot 4h and I will describe it. 1. The white up arrow is your entrance. on my yellow line there is also WT_SR indicator support. it is quite a strong signal. 2. There is a white down arrow there is resistance for that price reacts. 3. Red down arrow is monthly support. 4. The red arrow up is my buy limit. Yes, I see a lot of price rebound.{image}
May I ask whats the yellow line? I dont see any yellow line in my template
  • #769
  • Sep 10, 2020 4:31pm Sep 10, 2020 4:31pm
[quote = Jarass1080; 13157318] The analysis will show it. Your position is absolutely right. But I have to be secured. It will show screenshot 4h and I will describe it. 1. The white up arrow is your entrance. on my yellow line there is also WT_SR indicator support. it is quite a strong signal. 2. There is a white down arrow there is resistance for that price reacts. 3. Red down arrow is monthly support. 4. The red arrow up is my buy limit. Yes, I see a lot of price rebound. {Image} [/ quote]

Hey Jarass1080, I see your account was blowing and you deposited more $10,000. What happened? Why did you increase the lot size?
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  • #770
  • Sep 10, 2020 9:05pm Sep 10, 2020 9:05pm
[quote = edwinjil; 13160127] [quote = Jarass1080; 13157318] Analiza to pokaże. Twoje stanowisko jest całkowicie słuszne. Ale muszę być zabezpieczony. Pokaże zrzut ekranu 4h i opiszę go. 1. Biała strzałka w górę oznacza wejście. na mojej żółtej linii jest również wsparcie dla wskaźnika WT_SR. to dość mocny sygnał. 2. Jest biała strzałka w dół oznacza opór dla tej ceny. 3. Czerwona strzałka w dół oznacza miesięczne wsparcie. 4. Czerwona strzałka w górę to mój limit kupna. Tak, widzę duże odbicie cen. {Image} [/ quote] Hej, Jarass1080, widzę, że twoje konto jest przepalone i wpłaciłeś więcej 10 000 $. Co się stało? Dlaczego zwiększyłeś wielkość partii? {image} [/ quote]

the error was in setting the limits. It was the same 2 weeks ago on Eur Gbp. price stopped 4 hours before the end of the day. 1D candle. yesterday was impossible to lead. I haven't seen such a large 1D candle since the beginning of covit19. This is the case in pairs with large spreads. So from today my position will be placed at the end of the day. to avoid such large losses.
  • #771
  • Sep 11, 2020 10:48am Sep 11, 2020 10:48am
Quoting Jarass1080
[quote = edwinjil; 13160127] [quote = Jarass1080; 13157318] Analiza to pokaże. Twoje stanowisko jest całkowicie słuszne. Ale muszę być zabezpieczony. Pokaże zrzut ekranu 4h i opiszę go. 1. Biała strzałka w górę oznacza wejście. na mojej żółtej linii jest również wsparcie dla wskaźnika WT_SR. to dość mocny sygnał. 2. Jest biała strzałka w dół oznacza opór dla tej ceny. 3. Czerwona strzałka w dół oznacza miesięczne wsparcie. 4. Czerwona...
So in short you changed your original strategy?
  • #772
  • Sep 11, 2020 2:03pm Sep 11, 2020 2:03pm
I don't try to change, I try to improve it by showing everything live in advance. which is very difficult. The photo below is what I have described. And now me and each of us have a chance to draw conclusions. As I mentioned, I'm not a clairvoyant. So I won't be setting buy limit, sell limit anymore. In order to hit with the precision of a sniper, it seems to me that you have to do it at the right moment. And so far I have not done in the right place.
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  • #773
  • Sep 11, 2020 2:11pm Sep 11, 2020 2:11pm
the next photo shows the red arrow monthly resistance of the WT_SR indicator. On which I set sell limit. the price has missed, so we don't know the exact place until the end.
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  • #774
  • Sep 14, 2020 9:57am Sep 14, 2020 9:57am
New YT Video by OGT. He's created an EA, for H1.
  • #775
  • Sep 16, 2020 8:48am Sep 16, 2020 8:48am
I can see that my ideas are good. I just need to stop using buy limit and sell limit.
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I am concerned about the people of this forum.
  • #776
  • Sep 16, 2020 9:01am Sep 16, 2020 9:01am
My analysis for the near future.
Aud Cad
Eur Zar
Eur Sgd
Eur Nzd
Eur Jpy
  • #777
  • Sep 17, 2020 1:31am Sep 17, 2020 1:31am
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  • #778
  • Sep 17, 2020 1:46am Sep 17, 2020 1:46am
Quoting Jarass1080
I can see that my ideas are good. I just need to stop using buy limit and sell limit. {image}{image}{image} I am concerned about the people of this forum.
Are you taking trades on h1?
  • #779
  • Sep 17, 2020 2:33am Sep 17, 2020 2:33am
As a naked chart price action trader, it's always interesting to see all the other things people can use to trade for similar results.
Love to talk on Discord: DividendGamer#1324
  • #780
  • Sep 17, 2020 4:31am Sep 17, 2020 4:31am
[quote = Vivi-l; 13169849] {quote} Czy bierzesz transakcje na h1? [/ quote]

Yes, 1h
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