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SRDC Episode II

  • #161
  • Nov 27, 2006 10:59pm Nov 27, 2006 10:59pm
He was always on the move. Never really played with one galaxy(method). Always trying one after another, hoping to grab some galaxians and become pipalicious. But, was never successful. Then one day, he saw an orange galaxy, told his version of R2D2, take me away, and now, he will reside in this galaxy. he be your student, mastah!

So far, i have "JE" in JEDI training, i want to acquire DI soon!
  • #162
  • Nov 27, 2006 11:05pm Nov 27, 2006 11:05pm
Quoting behof
Hi Orange !

May be I missed something but can you tell me the settings for the
SHI Channel on Daily, 4h and 1h chart ?

My settings are as follows :

Daily chart => AllBars : 240; BarsForFract : 0
4h chart => AllBars : 240; BarsForFract : 6
1h chart => AllBars : 240; BarsForFract : 24

Am I right ??

Beside the Daily and 1h chart I prefer to use the 4h chart as an additional
information !

Do you agree in using it too ?

Happy Pippin Yedi !!

Bernhard ( R2D2 needs some oil... )
To tell you the truth, i never check the settings coz who ever is the creator of that indicator, he is truly a Jedi!!

I just use them. It works and help many padawan....

Regarding any other time frame. of course you can. Time frames are time frames for candles according to the period chosen. Think outside the box, i notice, many traders, used only certain time frame that goes with their indicators. Nothing beat pure price action.

I usually use 1hr, Daily, weekly and monthly for SRDC extreme (carry trades). Any timeframe is fine, as long as you know how to interprate them.

Hope that pips..
Change Your Thinking. Change Your Life - JD
  • #163
  • Nov 27, 2006 11:10pm Nov 27, 2006 11:10pm
Quoting OrangeRoshan
For 14yrs Thom, I didnt know why my wife keep staring at me everytime im trading. Thanks for telling me. My god... there she is again, winking at me.... got to go..... have to fulfill my husbandly duty......... LOL

May the force be with me...always...
Of you don't take care of your wife you will be sent to Dune and fed to Shai Hulud.
  • #164
  • Nov 27, 2006 11:16pm Nov 27, 2006 11:16pm
Quoting jest1081
Master Jedi,

You really have a mediclorean rate higher than YODA and Anakin himself!

I'm not good with the SHI Channels and the CCI. I dun really use em since i don't know them but your channel trading system has given me a better wavelength of setups to trade.

Qn1 : Since the system targets to look for SRs from a parallel channel line, can I apply Regression Channel instead? Its mostly use by option traders. Yes you can, it helps in defensive trading to takeprofits on the lines.

Qn2 : You said that the channel is best drawn to indicate 2-4 days in of a trend (correct me if im wrong). This would not be possible to draw on a daily bar (since im using regression channel, i will prolly end up with a week long channel) Just just a channel, like a pitchfork and add 2 more parallel lines, to look like a dynamic regression channel but when i converted to the hourly i get good SR points with it, 3 days worth of trend. I will then revert to my 15 mins and draw a minor trend using the regression. Am I doing it right? When you get good pips, why not? otherwise keep it simple.

Qn3 : Is it okay for me to stick with MACDs and RSI, i've used CCI a few times but i just dun work well with it, i think it has got to a point that it has become psychologically damaging. Divorce and marriage is a big subject. We all want to get married happily ever after, but when it doesnt work out, a divorce may seems to be a good option.

I hope that im really not changing anything from you system. I think the essence is there but each Jedi prolly have their own type of force, yours with the higher mediclorean of course... I will need the master to steer me to the right direction.
I remember when we were on the Millenium Falcon with Han Solo, he was panicking when the Imperial army was behind us. I simply said 4 words to him, "KISS - Keep it simple Solo".... and off we went...

May the force be with you..
Change Your Thinking. Change Your Life - JD
  • #165
  • Nov 27, 2006 11:20pm Nov 27, 2006 11:20pm
Quoting njfx
Of you don't take care of your wife you will be sent to Dune and fed to Shai Hulud.
Which wifes?

LOL
Change Your Thinking. Change Your Life - JD
  • #166
  • Nov 27, 2006 11:22pm Nov 27, 2006 11:22pm
It's for daily charts only, calculates the number of times Monday bars are in reverse directions of Sunday bars, as well as the percentage. The search range is the bar in history buffer. You may increase the range by zooming the chart out to the maximum and press page-up key until the chart stops moving backwards.
Attached File(s)
File Type: mq4 Monday Strategy AHA 0_1.mq4   3 KB | 898 downloads
Target: Trading naked.
  • #167
  • Nov 27, 2006 11:29pm Nov 27, 2006 11:29pm
Quoting OrangeRoshan
Which wifes?

LOL
Working on my first for 30 yrs, any more and I will feed myself to the sandworms! LOL
  • #168
  • Nov 27, 2006 11:33pm Nov 27, 2006 11:33pm
Quoting aha
It's for daily charts only, calculates the number of times Monday bars are in reverse directions of Sunday bars, as well as the percentage. The search range is the bar in history buffer. You may increase the range by zooming the chart out to the maximum and press page-up key until the chart stops moving backwards.
Fantastic!!

This is where Win/loss ration come to play. A single daily candle in GBPUSD is ranging from 60-200 on average. When you have a SL of 50-60 on this pair trading with the %probability of the Sunday candle, there is no way you cannot fatten your account every month.

Do your math everone... c'mon dont be lazy now...

Thanks Aha...
Change Your Thinking. Change Your Life - JD
  • #169
  • Nov 27, 2006 11:48pm Nov 27, 2006 11:48pm
Jedi Roshan,

Considering today's news and how flat the 1 hour chart is, would you still trade
or wait until the dust settles?

Henry
  • #170
  • Nov 28, 2006 12:23am Nov 28, 2006 12:23am
Quoting OrangeRoshan
For 14yrs Thom, I didnt know why my wife keep staring at me..., winking at me.... got to go..... have to fulfill my husbandly duty......... LOL...
LOL. Mine has been "winking" at me now for 24 years. haha.

; ) Thom
  • #171
  • Nov 28, 2006 12:30am Nov 28, 2006 12:30am
Quoting m00jiman
He was always on the move. Never really played with one galaxy(method). Always trying one after another, hoping to grab some galaxians and become pipalicious. But, was never successful. Then one day, he saw an orange galaxy, told his version of R2D2, take me away, and now, he will reside in this galaxy. he be your student, mastah!

So far, i have "JE" in JEDI training, i want to acquire DI soon!
Want some Pips mann.....?
Change Your Thinking. Change Your Life - JD
  • #172
  • Nov 28, 2006 12:43am Nov 28, 2006 12:43am
Quoting hensch
Jedi Roshan,

Considering today's news and how flat the 1 hour chart is, would you still trade
or wait until the dust settles?

Henry
Look at the 1hr chart GBPUSD. Ive started my trade Short at 1.9403, the point where the candle touches the High Channel. Now im about 20pips positive.

Learn the Dance within the trend and pips is what you will get.

Hope that pips
Change Your Thinking. Change Your Life - JD
  • #173
  • Nov 28, 2006 1:23am Nov 28, 2006 1:23am
Quoting OrangeRoshan
Pipastic Skyline.

I think that graph is just SRDC 1&2. Are you sure 3&4 are activated? It should do more way than that! Check you settings on the 2 Impeccables to maximise the winning ratio. Email me when you need help!!

Jedi Skyline is counting his Jedi Pips!! Watch out the darkside, dont let it get 2u.
Yes Master Orange !!
This is not the full method yet coded , i'm completing level 2 and starting to code level 3 right now ...I can't wait to see EA completed looking to how powerful could it be.
It would be an honor for me if this EA will have your approval (OrangeRoshan Approved & Certified eheheh), so it would be great if you could backtest it to see if it's really working as you intend

Simply Pipastic !!
  • #174
  • Nov 28, 2006 2:22am Nov 28, 2006 2:22am
orangeroshan and skyline - just read both threads and did my first trade just now for 70 pips (hedging fiirebird nicely btw). just to say your efforts are superhuman and please keep it up!!!

skyline - i hope you post your EA so we can all contribute to forward testing.
TRADE FOR SWAP
  • #175
  • Nov 28, 2006 2:30pm Nov 28, 2006 2:30pm
I tried hard to solve this issue by myself, but now I am recognizing that still I lack the needed contact with the Force, and only a Master Jedi could help me...

I am pasting here the daily charts I have access to. They seems all different!

I am trading actually with Oanda, and I am located in the Middle Europe.

I have two main concerns: how to individuate the right candles for placing s/r orders, and how to recognize the Sunday candle.

I am pasting below screenshots of, in the order, Oanda, FXsol, StrategyBuilder and IBFX. Is the very little bearish candle in Oanda the right one for the Monday trade?

Thanks a lot in advance!
Attached Images
  • #176
  • Nov 28, 2006 2:32pm Nov 28, 2006 2:32pm
Ooops!

Here the IBFX screenshot.
Attached Image
  • #177
  • Nov 28, 2006 3:35pm Nov 28, 2006 3:35pm
Quoting Triton18
Ooops!

Here the IBFX screenshot.
The Sunday candle is the third from the right. That is the one you use to setup Monday trade.
  • #178
  • Nov 28, 2006 4:06pm Nov 28, 2006 4:06pm
Quoting OrangeRoshan
Checklist:

Any experience with a light saber?
Any girlfriend?
Ever involved in a race?
Do you like older women?
Do you sometimes have the urge to wear any kind of mask?
What is your tolerance to anger?

Most important question:
Do you sometimes miss your mom?
All of the Above....LOL....I also feel like I'm still a slave, but now I know there is hope. Will you free me and train me?
  • #179
  • Nov 28, 2006 5:02pm Nov 28, 2006 5:02pm
Just warped from Episode I to Episode II. Mind blowing trip with Jedi Master Roshan as our guide. May you be blesssed and let the powers expand in you. I have come a long way to this galaxy (on my carpet) and i am thinking to stay with the Jedi legion.

Please accept me master...
If you are looking for a forex book, ask me!
  • #180
  • Nov 28, 2006 6:07pm Nov 28, 2006 6:07pm
There is something I don't quite understand. I am using the 1hr SHI-Channel and I am going short once the price hits the top trend line. Then after one hour the channel changes and my original trade does not touch the line anymore. First, does that matter? How do I know which ones to get into and which ones to leave?
Thanks,
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