kermo ROcks !
Auslanco - GBP/JPY and GBP/USD (newstrade) 235,578 replies
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DislikedAuslanco,
I have a question, if you don't mind.
Looking back on the charts, I notice that the 1H always leads the 4H when a setup occurs.
It appears the 1H SI is always above 50 (for a buy) when the 4H signals a buy. What do you consider "way above"?
You say if it is "way above" to wait for it to turn bearish then bullish again.
Does that mean to fall below 50 then cross back above it?
Also- Do you use this on any other pairs?
Thank you.Ignored
DislikedThis can work with any pair.. But choose your time frames carefullyIgnored
DislikedAuslanco,
1st, that you for such a simple system and all the help you have given this fourm.
What TM do you say we can use for GBP/USD and EUR/USD.
Thanks
PeaceIgnored
Dislikedauslanco http://www.forexfactory.com/images/s...ser_online.gif
Senior Member
Member Since Feb 2007
Posts: 2,419
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Quote:
Originally Posted by ar1002 http://www.forexfactory.com/images/buttons/viewpost.gif
1hr 5sma is still above the candle and once it crosses above 5SMA, it is confirmed. Don't know if I am right. Please correct if I am right.
It takes very much time to type the matter as I can use only one right hand to type. Sorry for the delay.
This is easiest and quick way to know it's confirmed:
TFT/GANN.. when the line is bent on the very next bar after the cross over bar. On a buy signal.. TFT is below the bar. On a sell signal TFT is above the bar.
QQE/Strength Indicator: When the green line cross the dotted line and bent , on very next bar after the cross over bar.
Remeber before you enter you must have both these features on 4hr and 1hr charts.
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DislikedQue, Auslanco, Karmo and all contributors...
1. With all my alerts from various indicators, I like to know the price at the moment the alert was issued. This helps one evaluate over time just how fast one should react to an alert. If I know that price nearly always retraces in a few minutes or longer, I can relax. Also, some alerts occur before the bar close, but price may change to where there wasn't a cross after all.
The clearest way to give price is to give "Bid" price for DOWN alerts and "Bid + spread = Ask" for UP alerts:
GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85
The code to insert would be as in the following lines:
Alert(" ... DOWN !!! @ ",Bid);
Alert(" ... UP !!! @ ",Bid," + ",Ask-Bid," = ",Ask);
(NOTE: Use LOTS of spaces (6?) before the "@" for better readability!)
Ignored
Disliked2. Whenever anyone says something like "the H1 crossed" or "one bar after the cross"... these are not clear because we have an inadequate naming convention!
We are using the word "cross" (or "crossed") to describe 2 independent events. For clarity, we should change our terminology both in our postings, and in the indicators (to reinforce the change of words):
Current Alert Text:
GPYJPY 5M QQE Crossed 50 Line DOWN !!!
GPYJPY 5M QQE Crossed 50 Line UP !!!
GPYJPY 5M QQE Lines Crossed DOWN !!!
GPYJPY 5M QQE Lines Crossed UP !!!
The use of the same words "Crossed" and "DOWN" and "UP" for two different actions is confusing, especially with a long list of alerts over several hours.
Proposed Alert Text (with prices added also):
GPYJPY 5M QQE is BELOW 50 Line!!! @ 226.77
GPYJPY 5M QQE is ABOVE 50 Line!!! @ 226.77 + 0.08 = 226.85
GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85
It follows that we should never again say "... it crossed the 50 line." Rather, say anything like "... it is (or "went" or "goes") above the 50 line."Ignored
Disliked3. My 3rd suggestion is to offer the user a field to supply a custom sound file. All my alerts otherwise sound the same, but if I can give a custom alert sound, it helps to distinguish them from each other. I don't have such code handy, but if you need an example, I will dig one up. Just say the word...Ignored