Positive Volume Index (PVI) + Price (MA1) | Forex Factory

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Attachments: Positive Volume Index (PVI) + Price (MA1)
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Positive Volume Index (PVI) + Price (MA1)

  • #1
  • First Post: Edited Sep 15, 2024 11:13pm Sep 10, 2024 4:27am | Edited Sep 15, 2024 11:13pm
Hello FF friends!

I'm back with a new strategy, let me know what you think.
Positive Volume Index (PVI) + Price (MA1)

Overlay the two and trade when price makes gap difference, consider that they should follow each other. Same theory as last strategy of mine, but with more reliable indicator. Use m1 timeframe only and in fullscreen, trade it while data rolling. It's a daytrading and scalping method. Trade as many pairs as possible and don't rely on just one, because this is not a holy grail there will be losses, look all 28 pairs and open a lot of trades also to exclude luck etc. To be updated more.

Installment: Download attached PVI and template to your metatrader 5. Trade as described and seen on screenshots.
Made a demo this week trading this method, results in this link: https://www.myfxbook.com/members/Lekkim/pvi/11105744 (blown)
New demo running, up 2.000% profit https://www.myfxbook.com/members/Lekkim/lekkim/11112976

(DYOR and trade this at your own risk, this thread is not financial advise)
Attached Images
Attached File(s)
File Type: mq5 positive_volume_index.mq5   5 KB | 537 downloads
File Type: tpl PVI.tpl   8 KB | 474 downloads
  • #2
  • Sep 10, 2024 4:33am Sep 10, 2024 4:33am
Good to see you again Lekkim .Wish you all the best with a new journal
Make your own rules and stick to it.
  • #3
  • Sep 10, 2024 4:40am Sep 10, 2024 4:40am
Quoting Lekkim
Hello FF friends! I'm back with a new strategy, let me know what you think. Positive Volume Index (PVI) + Price (MA1) Overlay the two and trade when price makes gap difference, consider that they should follow each other. Same theory as last strategy of mine, but with more reliable indicator. Use m1 timeframe only and in fullscreen, trade it while data rolling. It's a daytrading and scalping method. To be updated more. Installment: Download attached PVI and template to your metatrader 5. Trade as described and seen on screenshots. Made a demo this...
welcome back Lekkim.is this indicator only for mt5 ?
  • #4
  • Sep 10, 2024 4:42am Sep 10, 2024 4:42am
Quoting Lekkim
Hello FF friends! I'm back with a new strategy, let me know what you think. Positive Volume Index (PVI) + Price (MA1) Overlay the two and trade when price makes gap difference, consider that they should follow each other. Same theory as last strategy of mine, but with more reliable indicator. Use m1 timeframe only and in fullscreen, trade it while data rolling. It's a daytrading and scalping method. To be updated more. Installment: Download attached PVI and template to your metatrader 5. Trade as described and seen on screenshots. Made a demo this...
I found it very interesting, I'm going to create an EA based on this indicator, do you have any ideas for additional rules to use in the robot, such as trading only at specific times?
  • #5
  • Sep 10, 2024 4:44am Sep 10, 2024 4:44am
Very nice to see you again. Good luck with your strategy brother
  • #6
  • Sep 10, 2024 4:53am Sep 10, 2024 4:53am
Quoting charli86
Good to see you again Lekkim .Wish you all the best with a new journal
Thank you charli86, it's nice to be back Journal only two days so can't really prove anything yet though.. Will trade it rest of the week and month, then if consistently profitable I might be on to something
  • #7
  • Sep 10, 2024 4:58am Sep 10, 2024 4:58am
Quoting k.k
{quote} welcome back Lekkim.is this indicator only for mt5 ?
Hey k.k, thanks man. Attached is only mt5 yes, but works as fine in mt4, I can upload indicator and template for mt4 later if you want?
  • #8
  • Sep 10, 2024 5:02am Sep 10, 2024 5:02am
Quoting AndreiWN
{quote} I found it very interesting, I'm going to create an EA based on this indicator, do you have any ideas for additional rules to use in the robot, such as trading only at specific times?
AndreiWN, cool. That would be really based if you can create an EA. I have some ideas, let me get back to you.
  • #9
  • Sep 10, 2024 5:05am Sep 10, 2024 5:05am
Quoting Wilczur
Very nice to see you again. Good luck with your strategy brother
Hi brother, likewise Thanks, we'll see how it goes.
  • #10
  • Sep 10, 2024 5:06am Sep 10, 2024 5:06am
Quoting Lekkim
{quote} AndreiWN, cool. That would be really based if you can create an EA. I have some ideas, let me get back to you.
Yes, tell me the ideas, I will develop and send the EA files here
  • #11
  • Sep 10, 2024 5:12am Sep 10, 2024 5:12am
Remember to look at difference in the two both current and at start at graph (where the two blue arrows are) Calculate both and draw your cursor to see how many pips.
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy2.PNG Size: 25 KB
  • #12
  • Sep 10, 2024 5:32am Sep 10, 2024 5:32am
Why I shorted so much GBP/CHF
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf2.PNG Size: 31 KB
  • #13
  • Sep 10, 2024 5:56am Sep 10, 2024 5:56am
GU scalping, account up to 280k from 100k yesterday (think I got lucky)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd2.PNG Size: 12 KB
  • #14
  • Sep 10, 2024 5:56am Sep 10, 2024 5:56am
Quoting Lekkim
Why I shorted so much GBP/CHF {image}
how you found where to put take profit ?
  • #15
  • Sep 10, 2024 9:35am Sep 10, 2024 9:35am
Quoting Lekkim
{quote} Hey k.k, thanks man. Attached is only mt5 yes, but works as fine in mt4, I can upload indicator and template for mt4 later if you want?
HI thank you for the scalping method.can you upload MT4 indicator
  • #16
  • Sep 11, 2024 12:26am Sep 11, 2024 12:26am
Quoting wealthpro
{quote} HI thank you for the scalping method.can you upload MT4 indicator
Found only this...
Attached File(s)
File Type: mq4 pvi-indicator.mq4   3 KB | 430 downloads
  • #17
  • Sep 11, 2024 1:14am Sep 11, 2024 1:14am
Quoting BlackNapkins
{quote} Found only this... {file}
thank you
  • #18
  • Sep 11, 2024 1:55am Sep 11, 2024 1:55am
Found these positive and negative volume.
Attached File(s)
File Type: mq4 NVI.mq4   2 KB | 394 downloads

Attached File(s)
File Type: mq4 PVI.mq4   3 KB | 358 downloads
  • #19
  • Sep 11, 2024 4:11am Sep 11, 2024 4:11am
Hello Lekkim! Thank you for your ideas.
Quoting Lekkim
up to 280k from 100k{image}
What a great numbers... Demo account?

Please could you add some text to your screenshots:

1. You trade without the initial SL? What is your usual DD?
2. What are your TP target? How do you exit?
Just an opinion. Based on research
  • #20
  • Sep 11, 2024 6:22am Sep 11, 2024 6:22am
Hey man
nice to see you again after long time
I am interested in your entry rules
see you
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