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

Positive Volume Index (PVI) + Price (MA1)

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. 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...
Thanks for sharing the strategy. I’ve attached a version of the PVI that I edited for both MT4 and MT5 (they use the same source code).

Some others have been wondering about entry points. From the charts you shared, I noticed that a red gap over green indicates buys, and a green gap over red indicates sells.

I would appreciate your input.
Attached File(s)
File Type: ex5 PVI.ex5   7 KB | 77 downloads
File Type: mq5 PVI.mq5   3 KB | 82 downloads
File Type: ex4 PVI.ex4   9 KB | 120 downloads
File Type: mq4 PVI.mq4   3 KB | 162 downloads
Software Developer and Music Producer
News Fundamentals All Time Return: 1,159.1%
Quoting jblanked
{quote} Thanks for sharing the strategy. I’ve attached a version of the PVI that I edited for both MT4 and MT5 (they use the same source code). Some others have been wondering about entry points. From the charts you shared, I noticed that a red gap over green indicates buys, and a green gap over red indicates sells. I would appreciate your input. {file} {file} {file} {file}
what you say for entry point is reasonable but I don't think it is as you say
Here I see buy but I would see seel
Attached Image
Quoting 19monza64
{quote} what you say for entry point is reasonable but I don't think it is as you say Here I see buy but I would see seel {image}
Yeah, it went up overall. I’d love to hear what Lekkim has to say. If he had sold where he initially bought, he could have exited the trade earlier with less drawdown.
Software Developer and Music Producer
News Fundamentals All Time Return: 1,159.1%
Quoting Lekkim
{quote} Này kk, cảm ơn bạn. Đính kèm chỉ là mt5, nhưng hoạt động tốt trong mt4, tôi có thể tải lên chỉ báo và mẫu cho mt4 sau nếu bạn muốn?
bạn có thể tải chỉ mt4 được không,cảm ơn bạn.
It seems that when the price line closes the gap towards the pvi line and not the pvi line chasing the price line, the trade works out successfully. Is there any way to visualize this, or maybe a custom indicator to visualize which line is chasing the other line?
Love to see you back Lekkim !!!
Hope you make a huge success this time.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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This is Natural Gas trade I took minutes before and Lekkim's PVI chart.
I guess Lekkim's new chart and template need some manual alignment to display divergence clearly after passing some time as Lekkim's orignal Delta Volume chart.
Simplicity is the ultimate sophistication - Leonardo da Vinci
My suggestion is using moving averages and trade only with trend following.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Is it possible to have this template for MT4? Thanks much.
Quoting since80808
Hello Lekkim! Thank you for your ideas. {quote} 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?
Yes,
How to trade?
If I Change, the whole World changes!
Guys, as I said to Lekkim, you need just filter. Look at my SF Trading Ideas. There is indicator I posted that will help with drawdown. Can be literally zero DD. Same for you Lekkim, check it and try it. Let me guys know, if you got it.

If not, I'll try to help.

SF
Quoting SilentFather
Guys, as I said to Lekkim, you need just filter. Look at my SF Trading Ideas. There is indicator I posted that will help with drawdown. Can be literally zero DD. Same for you Lekkim, check it and try it. Let me guys know, if you got it. If not, I'll try to help. SF
you shared many ideas and its difficult to understand what filter are you referring to.
Please just explain here
Thanks
Quoting SilentFather
Guys, as I said to Lekkim, you need just filter. Look at my SF Trading Ideas. There is indicator I posted that will help with drawdown. Can be literally zero DD. Same for you Lekkim, check it and try it. Let me guys know, if you got it. If not, I'll try to help. SF
do you mean your HMA200low? Please show some actual charts - I can show you something interesting also
Quoting since80808
{quote} do you mean your HMA200low? Please show some actual charts - I can show you something interesting also
HMA is just another MA and can't be reliably used as a filter for entry because you will have 50/50% to be right as well wrong.
Can you show us in advance this "something interesting"
Cheers
Quoting Merka
{quote} HMA is just another MA and can't be reliably used as a filter for entry because you will have 50/50% to be right as well wrong. Can you show us in advance this "something interesting" Cheers
It's SF's last insight on his ideas topic, not my proposition My "smut interesting" was to show what you've just written on a chart
I think Lekkim's new strategy has better potentials than previous one. Actually, I also played with PVI for a while several years ago but couldn't find any edge at that time. His PVI is somewhat different from conventional PVI found in major trading platforms although I cannot understand how Lekkim's PVI was coded. It may be too early to say but it's interesting to me anyway and I thank Lekkim for sharing it.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Attached Image (click to enlarge)
Click to Enlarge Name: nat gas MW.jpg Size: 2.5 MB

Attached Image (click to enlarge)
Click to Enlarge Name: PVI.png Size: 19 KB


This is natural gas chart. It's currently seeking bottom and liqudity to move up again. I will be looking for buy oppotunity next Monday. Divergence between Price and Lekkim's PVI looks pretty good, I guess even can be better than Price-CCI divergence. Let me see how PVI can help....
Simplicity is the ultimate sophistication - Leonardo da Vinci
Lekkim! How I miss that comeback! Wish you all the best Bro! Sub!
People don't plan to lose. They lose because they don't plan.
So I blew the first demo account and lost motivation for a while, I've not been online for many days, but now I'm back. My apologies for not replying thread and pm's, I'll catch up to that. Made a new demo a couple of days ago and have been taking it up 2.000% profit (from 100k to 2,17m), one of my best demos ever, but also traded with extremely high leverage and probably got lucky... Will continue doing that to see how high I can take it beyond 20x, track record journal here: https://www.myfxbook.com/members/Lekkim/lekkim/11112976
Attached Image (click to enlarge)
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Quoting Lekkim
So I blew the first demo account and lost motivation for a while, I've not been online for many days, but now I'm back. My apologies for not replying thread and pm's, I'll catch up to that. Made a new demo a couple of days ago and have been taking it up 2.000% profit (from 100k to 2,17m), one of my best demos ever, but also traded with extremely high leverage and probably got lucky... Will continue doing that to see how high I can take it beyond 20x, track record journal here: https://www.myfxbook.com/members/Lekkim/lekkim/11112976 {image}...
2000% in just two days!! Wow, that's really a record breaking indeed. . I think that's more than just a luck. It's impossible. Try reduce some leverage and approach it more seriously next time. Anyway, thank you very much for sharing it transparently. I really appreciate that.
Simplicity is the ultimate sophistication - Leonardo da Vinci
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