It's nice to see you are so active in this thread mr. umairs.. hope you can keep teach me and others your valueable system... I see you usually active at london and new york market?
Look E/U according to my system how conditions regarding signals are trigged +36 from entry 1.4693....& now E/U will soon start to recat with news....
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Hi Umairs, Thanks for sharing your system, looks very promising. I have had a signal on eur/usd for the past 3 candles. I didn't trade because of news but also psar still showing long. Did you have psar signaling short, if so can you please tell me what setting you are using.
If you're using MT4, be sure you refresh the chart occasionally. If you don't, the SAR will get stuck and not move.
The easy way to refresh it is to switch to another time frame then back.
Hi Umair,
If all other rules met and PSAR dot already appear, but the ATR /RSI not yet crossed, do you still wait before make an entry?
TQ
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FxHaz
If all other rulzz met & P-SAR DOT already there but RSI/ATR not yet crossed then i wait them atleast to be near to cross....whn they r very near to cross then i enter....for more see screenshorts but watchout for ssto it must not be already at oversold for short and vice-versa for long....
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Joined Oct 2007
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Status: Technical Trader
|765 Posts
Hi guys i just got +17 pips on E/U & closed my position coz ssto is going to oversold....see the charts according to my system of E/U....Dan i,ll response u soon now wait im sighning off now....i have to do some important official work now....i,ll catch u later
Hi Umairs, Thanks for sharing your system, looks very promising. I have had a signal on eur/usd for the past 3 candles. I didn't trade because of news but also psar still showing long. Did you have psar signaling short, if so can you please tell me what setting you are using.
Thanks
Dan
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Hello DAn ....
See the results of EURO/USD....+21 PIPS yet i managed to get +17 before sighning off....See the E/U According to my system....clear sell signal ...i entered at 1.4670 & E/U Moves down to 1.4649....Atlast managed to get pips....lolzzz coz i lose my early chace of entry on G/J at morning....thn again i got chace to enter on E/U but unluckly it was almost just half hour be4 news....although all signals was in my favour if i enter i can manage to get +35 pips on E/U but i didnt coz rulzzz r rulzzz.....
Dan i dont use MT4 even i dont know how their charts work.... see wht billbss said to u tht refresh it by changing timeperiod thn ur problem will solve....cu....anything else wana know ur welcome...
It's nice to see you are so active in this thread mr. umairs.. hope you can keep teach me and others your valueable system... I see you usually active at london and new york market?
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Hammm...Gunset did u lock +21 pips on clear E/U Signal....? Never mind im here but sometimes i mightbe busy in my official work....like today after the important news of USD i was not here....Anyways im posting the screen shot of E/U in which i manage to get +17 pips and i,ll show u how i didnt enter even getting clear signals again on E/U....just before half hour of news although E/U moved to +35 pips but agn i must say rulz r rulzz and im stick to my rulzzz....take a look at screenshot....
Bule line on left is the signals just before the half hour of news time....see how All conditions r clearly met....Macd,s lines crossed up and heading towards upside, ssto also crossed from almost mid nd heading towards upside, Red line of RSI crossed blue Line Of ATR & Heading towards upside....Psar was already below the candle....If i can enter then i can manage to get +35 pips but that was just be4 the half hour of news...i just stopped and was watching all tht what was going there....ok now see the same thing what happened after news E/U starting to drop down and ''BANG'' ....IF U enter here u may got quick +35 but news will imediately change ur +35 to -----negative pips.....thts y i warned all to stay away from news be4 and after half hour of news....
& see the same screenshort again carefully where i enter and manage to get +17 pips on E/U....Look to right side see first above sar dot and where u can see the arrow....candle below arrow is my entry candle...u can see all conditions are clearly met....PSAR was already signaling short, macd lines already have crossed, ssto have crossed and Rsi have already Crossesd ATR....Perfect trade was that....but i just closed my position on just +17 pips coz market is Going to dead of E/U.... see the chart now....it maximum dropped down to +21 pips and seems so slow....
Thats all for today!!!
Gooodluck all for tomorrow....
Hi Umairs, Thanks for sharing your system, looks very promising. I have had a signal on eur/usd for the past 3 candles. I didn't trade because of news but also psar still showing long. Did you have psar signaling short, if so can you please tell me what setting you are using.
Thanks
Dan
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Dan!!!
Watchout my recent post with screenshot u,ll find ur answer....Also u,ll know how i enter to get +17 pips on E/U....
Hello DAn ....
See the results of EURO/USD....+21 PIPS yet i managed to get +17 before sighning off....See the E/U According to my system....clear sell signal ...i entered at 1.4670 & E/U Moves down to 1.4649....Atlast managed to get pips....lolzzz coz i lose my early chace of entry on G/J at morning....thn again i got chace to enter on E/U but unluckly it was almost just half hour be4 news....although all signals was in my favour if i enter i can manage to get +35 pips on E/U but i didnt coz rulzzz r rulzzz.....
Dan i dont use MT4 even i dont know how their charts work.... see wht billbss said to u tht refresh it by changing timeperiod thn ur problem will solve....cu....anything else wana know ur welcome...
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Thanks Umairs, looking at your chart my sars are the same as yours, but they didn't move to the top of the candle until an hour after the news. I took the trade and got out with 9 pips.
Do you think the gbp/jpy is setting up for a sell?
Thanks to you and everyone else for your help.
Dan
Thanks Umairs, looking at your chart my sars are the same as yours, but they didn't move to the top of the candle until an hour after the news. I took the trade and got out with 9 pips.
Do you think the gbp/jpy is setting up for a sell?
Thanks to you and everyone else for your help.
Dan
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No dann
See the G/J according to my system but this time with four hours time period....look at ssto it almost crossed and heading towars upside after a long bearish now finally going back....Now move back to 30 mints tf....its near to give sell signal....but watchout ssto its almost in oversold region....but if all conditions are met then u may enter but just for few pips....but im sure G/J on 30 mints will not give sell signal ....even if it gives thn it will not be a strong enough to enter,,,,batter stayy away or try on demo.....
No dann
See the G/J according to my system but this time with four hours time period....look at ssto it almost crossed and heading towars upside after a long bearish now finally going back....Now move back to 30 mints tf....its near to give sell signal....but watchout ssto its almost in oversold region....but if all conditions are met then u may enter but just for few pips....but im sure G/J on 30 mints will not give sell signal ....even if it gives thn it will not be a strong enough to enter,,,,batter stayy away or try on demo.....
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Yes I make you right RSI is also showing oversold in 4h, best left alone.
thanks
Dan
Attached is a modified ATR on RSI indicator for MT4, just enter ATR Period and RSI Period... its default, obviously, ATR 20 => RSI 7.
U have to drag it to a window with RSI 7 already, because it only paints the ATR line & you should remove the fixed minimum & maximum for RSI indicator in the "Parameters" Tab.
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Joined Oct 2007
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Status: Technical Trader
|765 Posts
G/J on a record low....My System clearly giving short signal but i didnt enter coz i thought almost more than 200 pips down already also look at 4-Hour chart with my system...ssto is also already in a oversold region and was heading back ....But G/J is in record bearish today....I made a sell entry on demo and manage to lock +40 but didnt try on real coz i was not sure tht G/J droppes again with that pips....But it seems that my system is really successful on G/J....total i did 14 trades on G/J including demo & all are +ve yet....But here i must say dont be greedy for pips just greedy for healthy strong performance....
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Joined Oct 2007
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Status: Technical Trader
|765 Posts
I think beginners are just like a young kid who is just learning how to walk ....He may slipped here and there , try to walk slowly and steadly but after some time he started to walk perfectly!!!
Beginners in a forex is same like young little kid.... I just wana give u small advise....Just try to get +10 pips per day and do it almost for 2-months on demo, not at once on real....
Dont be greedy to get more and more pips....Coz nobody can never go to the last step of any stair....One by one u can reach at last....Once u successfully get expert and habitual about getting pips....then u,ll get confidence that atleast u can get 10-pips per day....Just think getting ten pips successfuly per day means at the end of 22-trading days u can get 220 pips....which are enough for beginners....Look at signal provider companies and their performances....Average pips per month are 250/300 ....or even 400/500....But first make urself expert in getting 220 pips per month. If ur successfull in getting 220 pips per month then im 100% sure u,ll definetly get more pips then any signal provider company after sometime...try ur stratigies on demo...check urself that can u survive in forex or not....? Coz forex is a game that one wrong entry will taste u hell....When i start forex no one was there to advise me, No one was there to give me knowledge, no one was there to guide me, Even nobody knows in my family that what is forex....? lolzzzz....I was accidently came into that field....I tried hard to learn , learn and just learn....I have researched alot on forex and now im successfuly able to develop a system for me ....Although im doing a very good job...i have no need to do that business....But know i think forex becomes my passion....I just wana give beginners a sincere advise that dont rely on signal providers and forex systems including my own....Just try to do what u think is +ve for u....EVen still if u follow my system then first practice on demo for excat entries and exit for atleast two months then on 3rd month make a new demo account and consider it as ur real account for entries, exit & SL and see ur performance....U,ll after a month find urself that what ur in a forex....Remember never feel urself overconfidence without any proper practice & experience....Never greedy for pips always greedy for healthy strong performance.... Go to www.babypips.com For forex education ....i think that is the best ever site in a earth about forex education....
Can anyone share your Template and Indicators so I just plug it inmy MT4. Thanks...I am still learning here.
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Hi myonlyzzz, If you go to the top of the page, there is a button to the right of the page numbers, at the moment it has 24 on it. Click on that and you will find Umairs template and all the other indicators that have been uploaded.
Dan
