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Trading on H4 using Price Action

  • #61
  • Apr 13, 2021 12:24am Apr 13, 2021 12:24am
Thank for update indicator. It has helped me in making decisions very well.
  • #62
  • Apr 13, 2021 5:41am Apr 13, 2021 5:41am
Quoting 9money
Thank for update indicator. It has helped me in making decisions very well.
you are welcome.

Green pips!
  • #63
  • Apr 13, 2021 6:31am Apr 13, 2021 6:31am
Quoting JT96
{quote} Dear Sir Im using Pepperstone and the crypto symbol are as below 1. Bitcoin 2. Ethereum 3. litecoin 4. Dash Many thanks and green pips to everyone in this thread. Cheers
Cryptocurrencies traders waiting for your response
Keep the good work on
  • #64
  • Apr 13, 2021 7:29am Apr 13, 2021 7:29am
Quoting Smmtrader
{quote} you are welcome. Green pips!
In addition to the sound alert, can you erase the right-ups at the left hand side of the chart since the main and intermediate PA direction will do the needed work, this will make the chart neat and devoid of too much write-ups, shalom.
When you learn to adapt, you will be unbeatable........ "FX IS SWEET".
  • #65
  • Apr 13, 2021 7:45am Apr 13, 2021 7:45am
Quoting gabbie2010
{quote} Cryptocurrencies traders waiting for your response Keep the good work on
Hi gabbie2010, could you please check my response at the post below?

https://www.forexfactory.com/thread/...8#post13491488

I was having an issue with getting a Demo account - Userid / password @ Pepperstone (I provided a screenshot)

1. Can you provide me with a demo account @ Pepperstone - if you have one?
OR
2. Can you please point me to another MT4 broker that supports Crypto currencies - i can try to create a demo account and test for Cryotp in the indicator?
  • #66
  • Apr 13, 2021 7:52am Apr 13, 2021 7:52am
Quoting Smmtrader
{quote} Hi gabbie2010, could you please check my response at the post below? https://www.forexfactory.com/thread/...8#post13491488 I was having an issue with getting a Demo account - Userid / password @ Pepperstone (I provided a screenshot) 1. Can you provide me with a demo account @ Pepperstone - if you have one? OR 2. Can you please point me to another MT4 broker that supports Crypto currencies - i can try to create a demo account and test for Cryotp in the indicator?
Thanks for your quick response my broker is simplefx with couples of cryptocurrencies they have demo account thanks
  • #67
  • Apr 13, 2021 8:28am Apr 13, 2021 8:28am
GBPCAD SELL

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  • #68
  • Apr 13, 2021 8:44am Apr 13, 2021 8:44am
Quoting Smmtrader
GBPCAD SELL {image}
Can you delete the circled words, lets only work with the arrows and trend direction.
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When you learn to adapt, you will be unbeatable........ "FX IS SWEET".
  • #69
  • Apr 13, 2021 8:57am Apr 13, 2021 8:57am
USDCAD SELL

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  • #70
  • Apr 13, 2021 8:58am Apr 13, 2021 8:58am
Quoting benpuzzy
{quote} Can you delete the circled words, lets only work with the arrows and trend direction. {image}
I will add a show / hide flag - if you do not want to see those, you can hide. There might be other traders who would want to see the rules / questions.
  • #71
  • Apr 13, 2021 9:00am Apr 13, 2021 9:00am
Quoting Smmtrader
USDCAD SELL {image}
It would be nice if you can print /draw invalidation line too. EURCAD didnt hit SL?
  • #72
  • Apr 13, 2021 9:03am Apr 13, 2021 9:03am
Quoting Smmtrader
{quote} I will add a show / hide flag - if you do not want to see those, you can hide. There might be other traders who would want to see the rules / questions.
Uploaded the change to Post #1. You can hide the rules on your end by using showRules = 0
  • #73
  • Edited 10:53am Apr 13, 2021 9:05am | Edited 10:53am
Quoting TraderSK
{quote} It would be nice if you can print /draw invalidation line too. EURCAD didnt hit SL?
Stop loss is usually up to the trader. I do not use a hard stop loss. I wait for market to close above the zone before manually exiting. Some times the price does a "crack and snap" in the area and comes back to continue in the direction of the trade. Using a hard stop loss / drawing a line that indicates a hard stop loss might result in being taken out - and in some cases if the price does a "crack and snap" it would have been a successful trade at the end.

EURCAD is still in some drawdown but did not close above that zone that i am looking for.
  • #74
  • Edited 10:51am Apr 13, 2021 9:24am | Edited 10:51am
Just to avoid any confusion. This indicator is a tool that helps visualize the manually determined PA direction on HTF (D1/W1) and H4 and the arrow only represents that a "Marubozu like" candle has formed.

This indicator is not a BUY SELL Signal indicator.

Most of the data fed into this tool is done after manual analysis. There is not much automation in this indicator.

Please understand the above before deciding to use the indicator. This indicator might be useful to some traders and may not be useful to others.
  • #75
  • Apr 13, 2021 9:27am Apr 13, 2021 9:27am
Thank you for the good work you are doing right now SMMTRADER. Pleas i am having a problem viewing the main PA direction and the intermediate direction at the right hand upper corner of the chartAttachment g
  • #76
  • Apr 13, 2021 9:33am Apr 13, 2021 9:33am
Quoting godwi
Thank you for the good work you are doing right now SMMTRADER. Pleas i am having a problem viewing the main PA direction and the intermediate direction at the right hand upper corner of the chart3913800
you are welcome godwi. Please try adjusting the values for mainIntermediate_X and mainIntermediate_Y. It could be due to the screen resolution at your end.

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  • #77
  • Apr 13, 2021 9:48am Apr 13, 2021 9:48am
Quoting Smmtrader
{quote} you are welcome godwi. Please try adjusting the values for mainIntermediate_X and mainIntermediate_Y. It could be due to the screen resolution at your end. {image}
Thanks man i will do that right away
  • #78
  • Apr 13, 2021 11:01am Apr 13, 2021 11:01am
Quoting gabbie2010
{quote} Thanks for your quick response my broker is simplefx with couples of cryptocurrencies they have demo account thanks
No luck trying to create a Demo account. please see screenshot below

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The quickest way to move forward would be for you to send me demo account details and i can test with that. Thanks.
  • #79
  • Apr 13, 2021 11:22am Apr 13, 2021 11:22am
Quoting Smmtrader
{quote} No luck trying to create a Demo account. please see screenshot below {image} The quickest way to move forward would be for you to send me demo account details and i can test with that. Thanks.
I used a demo account on broker - HYCM and updated the indicator to work for the following Crypto symbols.

BTCUSD
LTCUSD
ETHUSD

Please download from Post#1.

Green Pips!

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  • #80
  • Apr 13, 2021 12:25pm Apr 13, 2021 12:25pm
Thanks for the efforts with the inclusion of some cryptocurrencies pairs I will download now and test
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