Attachments: ISR Method

ISR Method

#281
Edited 8:07am Jun 24, 2023 7:53am | Edited 8:07am

driven18
Joined Jul 2012 | Status: Trader | 1,880 Posts

Quoting Informed

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THE M15 BREEZE FOR CRYPTOCURRENCY Greetings ISR traders, I would like to establish the M15 breeze setup as a good way to engage in the crypto market. Crypto currencies can have a really great structure which allows for a good solid ISR setup to form along with its great price movement out of the ISR trading range. Pairs with the USDT are the most suitable in that they give less of a pain in choppy market environments. The beautiful thing concerning this market is not that its open 24/7(fools game to trade and time) but its unlike stocks that doesn't...

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On your chart, as a rule, SHL is drawn under the first red Candle low on 4 Hr Chart, correct?

If not correct, can you or someone who understands explain why SHL is where you have it and not as an example where my blue lines are, what is the rule to draw an SHL line where you drew a line for SHL?

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#282
Jun 24, 2023 11:09am Jun 24, 2023 11:09am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

Quoting driven18

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{quote} On your chart, as a rule, SHL is drawn under the first red Candle low on 4 Hr Chart, correct? If not correct, can you or someone who understands explain why SHL is where you have it and not as an example where my blue lines are, what is the rule to draw an SHL line where you drew a line for SHL? {image} {image}

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The 1st post has your answer

#283
Jun 24, 2023 12:34pm Jun 24, 2023 12:34pm

lordwapkid
| Joined Aug 2022 | Status: Trader | 7 Posts

Quoting Informed

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{quote} The 1st post has your answer

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Why didn't you respond to all my questions bro, what are the rules of that SHL...? from your screenshots I see it drawn different areas and I am kind confused

#284
Jun 24, 2023 12:41pm Jun 24, 2023 12:41pm

AhmedYahya
| Joined May 2020 | Status: Trader | 79 Posts

Greetings to all! I would like to take this opportunity to express my wholehearted gratitude to Informed for the invaluable contributions he made in initiating and upholding this thread.

your unwavering dedication and tireless efforts are truly praiseworthy.

When considering the system itself and from a technical standpoint, it is more accurate to classify this system as trend-following rather than a reversal system. This distinction provides a significant advantage, as trend-following strategies tend to yield favorable results in many scenarios, further enhancing its edge.

if you can't explain it simply you don't understand it well enough

#285
Edited Jun 25, 2023 5:40am Jun 24, 2023 1:52pm | Edited Jun 25, 2023 5:40am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

The Anatomy of a Stop Hunt Level

IMPORTANT!!!

1. What is a Stop Hunt Level

SHL stand for stop hunt level or rather a place where the market makers(syndicate traders) come back to trigger stop losses along with convincing you to go the wrong direction. The place where you will find the SHL is the place where there are alot of emotions of fear because it's the place where you were convinced by the price action to place your stop loss. This place is what we at the ISR method call the stop hunt level.

2. Where is a SHL

The Stop hunt level is found below the low of the swing for a bull market and on top of the swing high for a bear market. You may have more than one SHL to consider but the one that's the best to consider will be the one that is at the lowest point of the Stop hunt for a bull market and at the highest point for a bear market.

When you practice with patience you will develop a skill to be able to find the best SHL with ease.

3. How to find the SHL

In the forex and crypto market we look for the Stop Hunt Level(SHL) in the H1 time frame.

Step1
Look for a bull-bear-bull candle formation above the ema wave(for bull market.
What we are really looking for is a swing, a place that entices traders to enter the market and encourage them to put their stop losses at the lows.
For this first step it may be that the three candle formation is not what appears but a bullish swing with a high-low-higher high. The low of that swing is the perfect place you are seduced to place your stop loss.

Please remember according to the ISR Method this first high must be above the ema wave then the bear can be lower or higher than the ema wave then later there higher high(a bullish price swing)

In a live market environment you would draw the highest LOW to the top then plot also the SHL's that the price might also come to should the stop hunt drop any lower.
You will know that it's the lowest point that the market will hunt by the reaction in this area along with a entry of the M15 Breeze Setup in the M15 time frame.

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Important variations
Bull candle/candles - doji - bull candle/candles
Bull candle/candles - dragon fly - bull candle/candles
Bull candle/candles - inside bar - bull candle/candles
Bull candle/candles - hammer - bull candle/candles

Step 2
After you have drawn the SHL watch how the market comes to the level and rejects the low. This is where the people with the stop losses are triggered and discouragement is high for that trade long direction. When you see the price come to this level and close above it then you know you might have found the perfect sweet spot. The price might continue to play around this level or go even lower to another SHL.

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Step 3
The M15 time frame will show you when the MM are ready to move the price out of this trading range by raising the price above the SHL and ema wave with a following bull-bear-bull swing or you can call it a zig zag(In the right market session)

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This Post will be Edited as time goes...

#286
Jun 25, 2023 12:58am Jun 25, 2023 12:58am

lordwapkid
| Joined Aug 2022 | Status: Trader | 7 Posts

Thank you bro.. How to spot the SHL noted very well... Next that I am still confused on is how to enter a trade, because sometimes price after breaking the SHL and pulls back it will still go back to the SHL area again and still comes back making me confused on how or when to enter, I will be watching closely to see if you will touch more hint on the entry aspect of this.

#287
Jun 25, 2023 4:09am Jun 25, 2023 4:09am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

Quoting AhmedYahya

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Greetings to all! I would like to take this opportunity to express my wholehearted gratitude to Informed for the invaluable contributions he made in initiating and upholding this thread. your unwavering dedication and tireless efforts are truly praiseworthy. When considering the system itself and from a technical standpoint, it is more accurate to classify this system as trend-following rather than a reversal system. This distinction provides a significant advantage, as trend-following strategies tend to yield favorable results in many scenarios,...

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Thank you very much

#288
Jun 25, 2023 4:13am Jun 25, 2023 4:13am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

Quoting lordwapkid

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{quote} Why didn't you respond to all my questions bro, what are the rules of that SHL...? from your screenshots I see it drawn different areas and I am kind confused

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By your question I can tell that you read the 1st post quickly and didn't take the time to digest every point made in it.

I have posted more information concerning the SHL but you will need to also go back and reread the 1st post to get all the details you need..

#289
Edited 10:41am Jun 25, 2023 5:10am | Edited 10:41am

fex
| Membership Revoked | Joined Dec 2012 | 884 Posts

Quoting Informed

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The Anatomy of a Stop Hunt Level Under construction!!!! 1. What is a Stop Hunt Level SHL stand for stop hunt level or rather a place where the market makers(syndicate traders) come back to trigger stop losses along with convincing you to go the wrong direction. The place where you will find the SHL is the place where there are alot of emotions of fear because it's the place where you were convinced by the price action to place your stop loss. This place is what we at the ISR method call the stop hunt level. 2. Where is a SHL The Stop hunt level...

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{ virus risk deleted by staff }

Newbie trader

#290
Jun 25, 2023 5:47am Jun 25, 2023 5:47am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

Quoting lordwapkid

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Thank you bro.. How to spot the SHL noted very well... Next that I am still confused on is how to enter a trade, because sometimes price after breaking the SHL and pulls back it will still go back to the SHL area again and still comes back making me confused on how or when to enter, I will be watching closely to see if you will touch more hint on the entry aspect of this.

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https://www.forexfactory.com/thread/...5#post14457465

#291
Jun 25, 2023 7:47am Jun 25, 2023 7:47am

lordwapkid
| Joined Aug 2022 | Status: Trader | 7 Posts

If I am correct this market does not have any valid shl right ? please I want to understand what to avoid.. and if it does have can one help me and mark it out

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#292
Jun 25, 2023 8:05am Jun 25, 2023 8:05am

Outcast918
| Joined Jul 2022 | Status: Trader | 88 Posts

Hello Informed,

Thanks so much for the strategy it is absolutely great and understandable.

I have just started backtesting this approach on EURJPY on 4h for sentiment, 1h for SHL, and 15m for Breeze entry but I am not sure if I did it right.

Please let me know if I am on the right track and my understanding or correct.

4h: https://www.tradingview.com/x/utEfaGQ8/
1h: https://www.tradingview.com/x/CCSWi8Jp/
15m: https://www.tradingview.com/x/EMCZptBA/

Please let me know your feedback.

#293
Jun 25, 2023 9:51am Jun 25, 2023 9:51am

Informed
Joined Apr 2018 | Status: TRADER | 331 Posts

Quoting Outcast918

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Hello Informed, Thanks so much for the strategy it is absolutely great and understandable. I have just started backtesting this approach on EURJPY on 4h for sentiment, 1h for SHL, and 15m for Breeze entry but I am not sure if I did it right. Please let me know if I am on the right track and my understanding or correct. 4h: https://www.tradingview.com/x/utEfaGQ8/ 1h: https://www.tradingview.com/x/CCSWi8Jp/ 15m: https://www.tradingview.com/x/EMCZptBA/ Please let me know your feedback.

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