Price Action Trading with Indicators! The Freebie System | Page 461 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #9,201
  • Sep 6, 2019 8:25am Sep 6, 2019 8:25am
Quoting DrDave
{quote} NIce. But if you are going to show a chart, how about you actually show the trade?
My trades were placed with the EA and disappeared once I reopened my chart.
  • #9,202
  • Sep 6, 2019 8:37am Sep 6, 2019 8:37am
Quoting Checkz
{quote} My trades were placed with the EA and disappeared once I reopened my chart.
If you are using MetaTrader, drag the trade from the list in the terminal and drop it on your chart.
To free Gazans of Hamas, use whatever it takes.
  • #9,203
  • Sep 6, 2019 8:53am Sep 6, 2019 8:53am
Placed this trade earlier and I will either close the trade or move stop to breakeven.
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  • #9,204
  • Sep 11, 2019 10:14pm Sep 11, 2019 10:14pm
Quoting bluexpec
Dredding, just got in on the USDCHF M15, what do you think?? Including the chart, 11 pips in profit already. {image}
bro what is the indicator name? heikin ashi level on ur char
  • #9,205
  • Sep 12, 2019 5:05am Sep 12, 2019 5:05am
Rubbish
  • #9,206
  • Jul 5, 2021 8:40am Jul 5, 2021 8:40am
Quoting Dredding82
M15 chart just confirmed a buy enter SL was hit for -39 pips euro short is in profit of 20 pips and gbp is up 45 pips {image}
Interesting!!!
  • #9,207
  • Jul 5, 2021 8:43am Jul 5, 2021 8:43am
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  • #9,208
  • Jul 25, 2021 7:58pm Jul 25, 2021 7:58pm
Re reading the thread
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  • #9,209
  • Sep 11, 2021 10:45am Sep 11, 2021 10:45am
CHECKZ!! man this thread is still being kept alive!! WOW
Just saw this and wanted to say hello.
Our AWESOME IMAGINATION is the true holy grail!
  • #9,210
  • Oct 9, 2021 9:52pm Oct 9, 2021 9:52pm
Quoting Dredding82
{quote} The lower the TF the more FALSE SIGNALS YOU WILL HAVE.....theres more market noise! PEOPLE you will not get every PIP! just pick a TF and stick to it...if you want less false signals go to a higher TF...if you like risk then go to the smaller TFs....
Hello Xmess7 I'm still hanging around this old thread trying to piece together a profitable way to trade the information that Dredding82 left us. I hate that this thread is in the trash bin. Maybe if others could see it somebody could figure out the missing piece.
  • #9,211
  • Oct 17, 2021 2:08am Oct 17, 2021 2:08am
Quick question for ya buddy....do the candles on your charts go from the bottom left and UP or the top left and DOWN? There is your trend...so you should only look for trades WITH THE TREND....This is one reason you are not getting good trades...your trading against the TREND...lol TREND IS YOUR FRIEND...

There were many times that Dredding82 said he used higher highs and lower lows for trend and I was so focused on trying to see the trend like him that I missed this particular post. It never occurred to me to look at the bottom left and up or the top left and down for trend.
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  • #9,212
  • Aug 10, 2022 2:50am Aug 10, 2022 2:50am
Quoting xmess7
CHECKZ!! man this thread is still being kept alive!! WOW Just saw this and wanted to say hello.
Please say "Hello" again.

Thanks
  • #9,213
  • Nov 12, 2023 12:07pm Nov 12, 2023 12:07pm
Quoting Forex37
{quote} Please say "Hello" again. Thanks
ok helo Is that you Checkz???
Our AWESOME IMAGINATION is the true holy grail!
  • #9,214
  • Nov 12, 2023 12:28pm Nov 12, 2023 12:28pm
BTW for whomever is seeing this. I am revisting this strategy. I think I found the missing incredient, which good ole Dredding82 didn't clearing provide for us.

First off, I wonder what happened to him. We use to keep in touch on occassion via phone, from what I recall he was a full time trader. Then all of a sudden he disappeared. No nothing. The only conclusion is that he passed away. I doubt that he went cold turkey, he didn't seem to have that kind of character trait.

Anyhow. This is what I think we were missing. Yes, the indicator portion at the lower level was right now. Good tools for detecting the entries, but his way of describing how he determined the trend was not clear. So, I am now very familiar with ICT's approach (Silver bullet, Order blocks, FVGs, Liquidy runs etc etc) and the other day I was messing around and decided to use the freebie indicators on a lower TF and ICTs bias thing on the higher. BAM! The upper TF trend bias that the ICT model provides is what provides for lower TF Freebie entries.

Now, this is just my initial EYE ball thing. This week I am going to attempt to use the ICT upper TF bias and enter on freebie Lower TF signals. I am going to re-read the thread to see what TF Dredding82 used and/or just do my own. I prefer to look for the bias on D1 and make entries on H1.

If this turns out to be the missing peice then MY GOSH... since I already have an EA for this approach.. all I need to do is add the new trend bias to it. Of course testing is in order!!

Lets see what happens. I'll post results here.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,215
  • Nov 12, 2023 3:48pm Nov 12, 2023 3:48pm
Quoting xmess7
BTW for whomever is seeing this. I am revisting this strategy. I think I found the missing incredient, which good ole Dredding82 didn't clearing provide for us. First off, I wonder what happened to him. We use to keep in touch on occassion via phone, from what I recall he was a full time trader. Then all of a sudden he disappeared. No nothing. The only conclusion is that he passed away. I doubt that he went cold turkey, he didn't seem to have that kind of character trait. Anyhow. This is what I think we were missing. Yes, the indicator portion at...
Hello good to see you back. I messaged you awhile back.
  • #9,216
  • Nov 13, 2023 1:30pm Nov 13, 2023 1:30pm
Quoting xmess7
{quote} ok helo Is that you Checkz???

No, its just me, hoping for further postings. Why is this thread in the bin?

Thanks
  • #9,217
  • Nov 14, 2023 9:49am Nov 14, 2023 9:49am
Hey guys, just checking in. Last nite I had an interesting time trading this approach.
I was long on GBPJPY all the signals were there, I use H1 as entry and H4/D1 as Bias. H4 was showing Frebbie signals with long bias and the possible target reach for price was well above my TP, I was looking at the last High, I found it when I looked at W1.

The TP target was 3:1.

So, I woke up about 40 minutes after where I would of taken the trade. I saw that price was still near my entry point so I placed the trade and set me TP a little lower of a FVG. GBPJPY pushed up immediately to 1:1 and I closed 75% of the position and set the rest to BE. Went to sleep and woke up to find that the BE was hit.

I noticed that if I had followed Dreddings instruction of placing the STOP at the low of the last ZZ that I would of got TP...

BTW, I am using this on a challenge account. I do not want to brag but the account is considerably large. The profit I captured was a good chunk, if this account were funded I would be done for the week.

My plan is to trade this manually first... later on I will update the EA and see if this can work. The key is going to he getting the BIAS. I may just have it that the user enters the BIAS and then just lest the EA do its job. The EA already does the job at the entry stage it just needs a good bias....
Of course I will add the money management feature to it to. Lets see what happens, sure would be nice to have the EA take trades and save me alot of sleep LOL

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,218
  • Nov 14, 2023 12:23pm Nov 14, 2023 12:23pm
Quoting xmess7
Hey guys, just checking in. Last nite I had an interesting time trading this approach. I was long on GBPJPY all the signals were there, I use H1 as entry and H4/D1 as Bias. H4 was showing Frebbie signals with long bias and the possible target reach for price was well above my TP, I was looking at the last High, I found it when I looked at W1. The TP target was 3:1. So, I woke up about 40 minutes after where I would of taken the trade. I saw that price was still near my entry point so I placed the trade and set me TP a little lower of a FVG. GBPJPY...
If possible, can you explain with chart? What your trade was and where STOP at low of last ZZ should have been? Thank you very much.
1.02^200
  • #9,219
  • Nov 15, 2023 7:40am Nov 15, 2023 7:40am
Quoting d5400
{quote} If possible, can you explain with chart? What your trade was and where STOP at low of last ZZ should have been? Thank you very much.
Yes, I will, unfortunately my time is limited these days. Once I get a chance I will post charts to illustrate what I explained. Hec, if there is more time I'll do a video.. lol
PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,220
  • Dec 1, 2023 9:55am Dec 1, 2023 9:55am
Quoting xmess7
{quote} Yes, I will, unfortunately my time is limited these days. Once I get a chance I will post charts to illustrate what I explained. Hec, if there is more time I'll do a video.. lol PEACE Jess
I was wondering if the EA you have already created for us back in the day can use the Heiken Ashi Smoothed candle (mod + mtf) candle. Instead of the regular HA candles. I have just started trading with them a few days ago and I like them.
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