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Fractal Geometry

  • Post #41
  • Quote
  • Edited 1:39pm Feb 4, 2021 12:10pm | Edited 1:39pm
Quoting O_s_a
Very nice idea Expo33. I like it so much. Done couple of history data test and it looks crushing! USDCAD H4 right now. Right setup? I get to thos position little late so RR is not 1,5:1. {image}
Thanks friend.

Your structure is valid, however, I wouldn't have used it because the impulse waves AB and BC are very messy, with lots of spikes.

I'm still waiting for the hourly set up to fill. Can you see how the waves are more uniform in this structure?

USD/CAD 1H CHART
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"Pride always comes before destruction...." -Proverbs 16:18
Quoting Expo33
{quote} Decided to leave our pending GBP/NZD short open through the rate decision which was 4am my time. Stopped out. if you want to play with fire you may get burned. Easy to buy the retrace on the other side but not easy when you're asleep. I need to move to Lithuania, seriously By the way, which trendline indicator where you talking about? {file}{file} The LineTrader wouldn't load on my demo chart. The EA to open position at TL opened on the chart but I didn't see any rules as to how to use it.
You need to put this in the description of the TL:

"Action=Buy Trigger=5 TP=60 SL=30 TS=45 BE=10 Lots= 1.5" (exemple, no quotes)..
Busy morning here which means we miss the best liquidity time to trade.

Two from our watchlist close to filling but we will have to cancel them soon as the daily reset approaches.

USD/CAD 1H CHART
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NZD/JPY 1H CHART
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"Pride always comes before destruction...." -Proverbs 16:18
Quoting Go5
{quote} You need to put this in the description of the TL: "Action=Buy Trigger=5 TP=60 SL=30 TS=45 BE=10 Lots= 1.5" (exemple, no quotes)..
Thanks, friend.

I went back to the thread and saw the rules. I'm not sure how I missed that. Interesting that it has the same issue as the one I'm using now. If you put the SL or TP at like 20 it actually sets it to 2 pips. Not sure if that's because of 5 digit brokers but no big deal. If I want a SL of 20 pips I have to set it at 200. Same with all of the functions, just have to add another zero.

It has the BE and TS function which is really important for me since I'm usually asleep when orders get activated.

Cheers!
"Pride always comes before destruction...." -Proverbs 16:18
Going to have to start using the new EA and entering a couple of pips early. Order missed activation by about one pip. Small ADR for this pair, easy 12 pips missed. Still, nearly 48 hours after the structure appeared, we got a perfect entry point.

NZD/JPY 1H CHART
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"Pride always comes before destruction...." -Proverbs 16:18
Quoting Expo33
{quote} Decided to leave our pending GBP/NZD short open through the rate decision which was 4am my time. Stopped out. if you want to play with fire you may get burned. Easy to buy the retrace on the other side but not easy when you're asleep. I need to move to Lithuania, seriously By the way, which trendline indicator where you talking about? {file}{file} The LineTrader wouldn't load on my demo chart. The EA to open position at TL opened on the chart but I didn't see any rules as to how to use it.
Hi,Expo33
I talked about the EA to open position at TL and I'm glad you found the rules how to use it. EA works perfect for me. I think It has everything we need unless I would add EA working time to avoid big spread when daily opens. I had opened some positions with GBP pair and NEWS burned all the gains Today. Lesson learned.
Quoting Expo33
{quote} Decided to leave our pending GBP/NZD short open through the rate decision which was 4am my time. Stopped out. if you want to play with fire you may get burned. Easy to buy the retrace on the other side but not easy when you're asleep. I need to move to Lithuania, seriously By the way, which trendline indicator where you talking about? {file}{file} The LineTrader wouldn't load on my demo chart. The EA to open position at TL opened on the chart but I didn't see any rules as to how to use it.
And always Welcome to Lithuania !!
Quoting Gleam
{quote} And always Welcome to Lithuania !!
Thanks!

I know it's the middle of the night there. I'm wondering when you use the EA do you have to add an extra zero for your values too? Like if I want a 20 pip SL I have to put in 200. If I want it to buy 3 pips before the line I have to put in 30. It's the same for the EA I'm using now. Like I said in my earlier post, I'm not sure if that's because of a 5 digit broker or what the reason is. Rest well........
"Pride always comes before destruction...." -Proverbs 16:18
Quoting Expo33
Another scenario. In this one, the first orange structure would have been a loser as price blasted upwards through the line. I think this corresponded with the much better than expected NZD employment numbers. The second and most recent blue structure is still valid and untested. Notice how close the lines are to each other. For me, this shows a nice harmonic relationship between all of the impulse waves involved and makes buying the touch a strong option to trade. Even if the lines aren't as close, many times it gives us a small zone to buy/sell...
the minor fractal appeared only after 6 candles and was bot valid
This structure is visually pleasing to me and ready to go.

Parallel waves AB and CD with roughly the same length. Wave BC is a bit ragged but overall it's tradable for me.

EUR/USD 1H CHART
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"Pride always comes before destruction...." -Proverbs 16:18
Quoting Fernand
{quote} the minor fractal appeared only after 6 candles and was bot valid
Both structures are valid.

I'm not sure what you mean. Minor fractals only appear after the 7th candle closes. That's how the indicator is set.
"Pride always comes before destruction...." -Proverbs 16:18
Quoting Expo33
{quote} Not sure how that relates to this thread
That is a passive-aggressive way to say:
Any entry "methods" proves no statistical edge over the long haul.

But! If u trade with the trend..
All the answers can be found on Seykota's song.
Let ur winners run & cut ur losses short.
  • Post #53
  • Quote
  • Edited 9:54pm Feb 4, 2021 9:40pm | Edited 9:54pm
Quoting remonpilip
{quote} That is a passive-aggressive way to say: Any entry "methods" proves no statistical edge over the long haul. But! If u trade with the trend.. All the answers can be found on Seykota's song.
I see you spend your time on FF trying to disprove everyone's system. But then again you're 20 years old so I imagine you have all the answers. We don't validate children's egos here, we trade using fractal geometry.

Since you clearly have no intention of contributing anything useful or productive to this thread, you are removed.

Cheers

PS. To any young people reading this, my comment wasn't meant to be a derogatory blanket statement about younger people. I know plenty of respectful, mature, humble, hardworking brilliant young men and women. But when I see a turd in the toilet, I'm obligated to flush
"Pride always comes before destruction...." -Proverbs 16:18
USD/CAD sell is still on our watchlist. In the meantime, a buy structure developed on the 30 minute. From a fundamental perspective when oil and equities are rising and USD/CAD is also rising then that tells you that the US dollar is bid for now. If equities off and/or oil sells off too then USD/CAD will explode higher. But we aren't in that guessing game, we are in the structure in the moment.

USD/CAD 1H CHART
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USD/CAD 30MINUTE CHART
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"Pride always comes before destruction...." -Proverbs 16:18
  • Post #55
  • Quote
  • Edited 10:58pm Feb 4, 2021 10:31pm | Edited 10:58pm
Looking over a few of your charts.

I think that you can use Andrews Pitchfork, base it on the first pair of fractals and line up the median line on the middle of the second pair of fractals.
Sure solves the problem of where to start your pitchfork.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Other stuff on my chart are the standard Bill Williams AO AC and Alligator. The symbol changer is great for checking through all your pairs for opportunities, but you can't run an ea on it.

I took the liberty of attaching the symbol changer.
Attached File(s)
File Type: ex4 Symbol changer profit display v3.ex4   33 KB | 154 downloads
  • Post #56
  • Quote
  • Edited 11:11pm Feb 4, 2021 10:59pm | Edited 11:11pm
Quoting Wab
Looking over a few of your charts. I think that you can use Andrews Pitchfork, base it on the first pair of fractals and line up the median line on the middle of the second pair of fractals. Sure solves the problem of where to start your pitchfork. {image} Other stuff on my chart are the standard Bill Williams AO AC and Alligator. The symbol changer is great for checking through all your pairs for opportunities, but you can't run an ea on it. I took the liberty of attaching the symbol changer. {file}
Thanks Wab.

Certainly accomplishes the same goal but it would likely bring in too many other questions about median lines and channels, etc etc. I wanted to keep it super simple and there's already enough good teachings/threads on pitchforks. A few years back I was engrossed in Tim Morge's work. I also spent some time lurking on your Chuvashova's Fork thread as well as Winston Reed's fork thread. It's what led me to this simple strategy. I've also used the symbol changer as well.

Anyways, if traders can't draw a line through two dots then maybe trading isn't for them j/k.

Cheers and thanks for dropping by. Appreciate the suggestion.
"Pride always comes before destruction...." -Proverbs 16:18
Quoting Wab
Looking over a few of your charts. I think that you can use Andrews Pitchfork, base it on the first pair of fractals and line up the median line on the middle of the second pair of fractals. Sure solves the problem of where to start your pitchfork. {image} {image} Other stuff on my chart are the standard Bill Williams AO AC and Alligator. The symbol changer is great for checking through all your pairs for opportunities, but you can't run an ea on it. I took the liberty of attaching the symbol changer. {file}
For that NZD/USD all we are doing is looking to sell the first touch of the median line or as "fractal line", provided there was price separation when fractal D appeared as a minor fractal at candle #7. With the 20 day ADR being 57, we'd be looking for about 17 pips TP, SL about 12 pips. In and out and done with the structure
Attached Image (click to enlarge)
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"Pride always comes before destruction...." -Proverbs 16:18
Last one for tonight's watchlist. Locked and loaded.

NZD/USD 1H CHART
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 43 KB
"Pride always comes before destruction...." -Proverbs 16:18
  • Post #59
  • Quote
  • Edited 2:18am Feb 5, 2021 1:38am | Edited 2:18am
Wait for tp ^^



EDIT


TP HIT ^^
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Quoting Expo33
{quote} Thanks! I know it's the middle of the night there. I'm wondering when you use the EA do you have to add an extra zero for your values too? Like if I want a 20 pip SL I have to put in 200. If I want it to buy 3 pips before the line I have to put in 30. It's the same for the EA I'm using now. Like I said in my earlier post, I'm not sure if that's because of a 5 digit broker or what the reason is. Rest well........
Yes, my friend, you are absolutely right I everywhere adding one 0, if you want 30 pip you have to fill number 300.
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