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forexlion -- GBP/JPY (trend readings)

  • #21
  • Sep 27, 2007 10:24pm Sep 27, 2007 10:24pm
Quoting forexlion
whoopsie, pivot and trendline broke to expose daily S2 here.
on my chart,the price is currently sitting on S1 and fr the rate i see,it seem like its a down day,what do u think?
  • #22
  • Sep 28, 2007 2:44am Sep 28, 2007 2:44am
I install this T3MA ... but doesn't work ... if I put above posted parameter... this work ...but I see difference between xPMA and T3MA...
Pls send order in installing this things ! To talk in same language!
My skype: oktagon_1
  • #23
  • Sep 28, 2007 7:20pm Sep 28, 2007 7:20pm
Quoting oktagon
I install this T3MA ... but doesn't work ... if I put above posted parameter... this work ...but I see difference between xPMA and T3MA...
Pls send order in installing this things ! To talk in same language!
My skype: oktagon_1

T3MA is not supposed to be used on the charts, it is just used to make the option ma_type : 6 work in xpMA indicator.
  • #24
  • Nov 29, 2007 3:55am Nov 29, 2007 3:55am
it looking good in my chart..tq sir..
  • #25
  • Dec 19, 2007 11:30am Dec 19, 2007 11:30am
Hello forexlion......I happened upon your thread and I must say......this shows promise. It is curious that this thread was short lived. I am wondering what you have moved onto and if it is better than what you have presented here.

Anyway.....happy holidays to all!!
  • #26
  • Dec 22, 2007 11:49pm Dec 22, 2007 11:49pm
Ooops, I totally forgot about this thread.

The xpma settings are:

ma period 13
ma type 6

to use the xpma indicator the t3ma indicator file should be present in the indicators folder also.

The use of this method is purely to get current market direction, for exit levels we use fib levels.
  • #27
  • Feb 9, 2008 12:23pm Feb 9, 2008 12:23pm
Hi forexlion,

Your threads have me interested in your trading method, so I've created two indicators. One of the fib series and one of the pivot points on one chart. The attached image displays pivots for next week and the fib series based on Fridays close.

I think I'm beginning to put the pieces of your trading puzzle together, but if not please correct me. This next weeks direction looks difficult to determine until price moves towards S1 or Weekly Pivot. Any comments are appreciated.

Thanks,
Attached Image (click to enlarge)
Click to Enlarge Name: fib_series_pivots.gif Size: 26 KB
  • #28
  • Feb 9, 2008 12:41pm Feb 9, 2008 12:41pm
Quoting Micro-MiniMe
Hi forexlion,

Your threads have me interested in your trading method, so I've created two indicators. One of the fib series and one of the pivot points on one chart. The attached image displays pivots for next week and the fib series based on Fridays close.

I think I'm beginning to put the pieces of your trading puzzle together, but if not please correct me. This next weeks direction looks difficult to determine until price moves towards S1 or Weekly Pivot. Any comments are appreciated.

Thanks,
Could you possibly post the indicators?

Thanks!

Ash
Humble Lifetime Member
  • #29
  • Edited 5:32pm Feb 9, 2008 1:41pm | Edited 5:32pm
Quoting Ash
Could you possibly post the indicators?

Thanks!

Ash
OK, here's the dealie. I've put many hours into these indies, so in return I want permanent 1KT status and a fully fueled jet plane for my escape.

Seriously though, if you find these useful please return the favor by posting what you find. These indies are based on the AutoPivotCalculator. I made a few changes to suit my needs and your welcome to do the same.

You may notice that the line and text colors as well as the period used for the pivot calculation can be changed in the indi properties window. You can also select Daily, Weekly or Monthly pivots, but only one will display at a time.

Important Note: The Fib Series has option for Weekly and Monthly in properties, but they are useless right now. I left them there in case I decide to make future modifications for longer range projections.

FYI There is no template because I use these indies for Visual BackTesting and need to name the template 'tester' for it to display properly.
Attached File(s)
File Type: mq4 Visual_BT_Pivots V1.3.mq4   10 KB | 549 downloads
File Type: mq4 Fibo_Series V1.2.mq4   15 KB | 516 downloads
  • #30
  • Feb 9, 2008 2:02pm Feb 9, 2008 2:02pm
Quoting Micro-MiniMe
OK, here's the dealie. I've put many hours into these indies, so in return I want permanent 1KT status and a fully fueled jet plane for my escape.

Seriously though, if you find these useful please return the favor by posting what you find. These indies are based on the AutoPivotCalculator. I made a few changes to suit my needs and your welcome to do the same.

You may notice that the line and text colors as well as the period used for the pivot calculation can be changed in the indi properties window. You can also select Daily, Weekly or Monthly pivots, but only one will display at a time.

Important Note: The Fib Series has option for Weekly and Monthly in properties, but they are useless right now. I left them there in case I decide to make future modifications for longer range projections.

FYI There is no template because I use these indies for Visual BackTesting and need to name the template 'tester' for it to display properly.
No problem!
Humble Lifetime Member
  • #31
  • Edited Feb 14, 2008 12:26am Feb 13, 2008 6:06pm | Edited Feb 14, 2008 12:26am
Quoting Micro-MiniMe
OK, here's the dealie. I've put many hours into these indies, so in return I want permanent 1KT status and a fully fueled jet plane for my escape.

Seriously though, if you find these useful please return the favor by posting what you find. These indies are based on the AutoPivotCalculator. I made a few changes to suit my needs and your welcome to do the same.

You may notice that the line and text colors as well as the period used for the pivot calculation can be changed in the indi properties window. You can also select Daily, Weekly or Monthly pivots, but only one will display at a time.

Important Note: The Fib Series has option for Weekly and Monthly in properties, but they are useless right now. I left them there in case I decide to make future modifications for longer range projections.

FYI There is no template because I use these indies for Visual BackTesting and need to name the template 'tester' for it to display properly.
Hey Thanks for the Indicators.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #32
  • Feb 13, 2008 6:08pm Feb 13, 2008 6:08pm
Quoting Micro-MiniMe
OK, here's the dealie. I've put many hours into these indies, so in return I want permanent 1KT status and a fully fueled jet plane for my escape.

Seriously though, if you find these useful please return the favor by posting what you find. These indies are based on the AutoPivotCalculator. I made a few changes to suit my needs and your welcome to do the same.

You may notice that the line and text colors as well as the period used for the pivot calculation can be changed in the indi properties window. You can also select Daily, Weekly or Monthly pivots, but only one will display at a time.

Important Note: The Fib Series has option for Weekly and Monthly in properties, but they are useless right now. I left them there in case I decide to make future modifications for longer range projections.

FYI There is no template because I use these indies for Visual BackTesting and need to name the template 'tester' for it to display properly.
Hi Micro Mini-Me,
I have been out here searching for a method that will work for me(That just works) and my personality. I saw a couple posts by Forexlion and instantly knew he had discovered something great. So, I have been following his posts and trying to understand his methodology. I think you and him have really put the pieces together on this whole forex thing.I know there are alot of great traders here on FF with some great systems that work really well for alot of people, just not me. I really appreciate this style of trading and the indicators you worked hard on to implement ForexLions Genius observation. I hope my admiration can be a another victory for both of you in your Forex Carreers. I will continue to follow you guys and I can't wait to see what you guys come up with next. Also, You probably know this already but, alot of the currencies follow the series. A combination of S&R and your series indicator based off ForexLion's Series Discovery and the Zup_v73 and Imrans Signals I am going to kick some Forex Butt, right after I punch my MCAD indicators in the face. Thanks.
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #33
  • Feb 13, 2008 7:08pm Feb 13, 2008 7:08pm
Love that user name!
Thanks for the encouragement. I'm reluctant, at this time, to say much about forexlions system. After all, it was he who created it. I merely was able to understand what he was saying (I think) and put it into a usable indicator.

Beware: The market has a strange way of changing just as a large group of traders think they have found the holy grail.
  • #34
  • Edited 7:40pm Feb 14, 2008 7:36pm | Edited 7:40pm
Quoting Micro-MiniMe
OK, here's the dealie. I've put many hours into these indies, so in return I want permanent 1KT status and a fully fueled jet plane for my escape.

Seriously though, if you find these useful please return the favor by posting what you find. These indies are based on the AutoPivotCalculator. I made a few changes to suit my needs and your welcome to do the same.

You may notice that the line and text colors as well as the period used for the pivot calculation can be changed in the indi properties window. You can also select Daily, Weekly or Monthly pivots, but only one will display at a time.

Important Note: The Fib Series has option for Weekly and Monthly in properties, but they are useless right now. I left them there in case I decide to make future modifications for longer range projections.

FYI There is no template because I use these indies for Visual BackTesting and need to name the template 'tester' for it to display properly.
Hi Micro-MiniMe,ForexLion,Ash:
I want to post a Few screen shots showing some feedback on M_MM's Indicator(Fibo_series v1.2) based off Forexlion's amazing discovery regarding Dynamic Fibo Series S&R level's created from the previous day's closing price. I have applied the indicator to my favorite Cross traded currency pairs, which are; GBP/JPY, GBP/CHF and AUD/JPY. I probabaly have another favorite but, I don't know it yet. Besides, I only trade one currency at a time. The three screen shots I have displayed are using Fibo_Series v1.2(Thanks ForexLion & Micro_MiniMe), Visual_BT_Pivots V1.3(Thanks), Bollinger Bands(20)(2)(close),XMA(60)(close)(blue), XMA(200)(close)(Red), clock_v1_2, #SignalBars_v71, AscTrend1Sig-Imran(2)(Thanks Imran/GodBless), Ind-TD-Demark-3a, Ind_TD_Demark_3_1_LA_mod_03B_AIME, TDLT ModifiedBR, Zup_v73(Thanks Nen about to be Zup_v76), ###AutoPivot, 28865d117445463-Pivot-indicators-sdx-Tzpivots(Set to only display H,L & Open), Laguerre(.55)(9500)(Blue), Laguerre(.85)(9500)(Red). Ok, from this point forward I'm not going to type all that.
Anyway, I think the most important indicator I use is now the Fibo_Series v1.2 because, like Forexlion taught me, S&R Rule the forex Market(s). The coolest part about this indicator is it's simple genius of applying Fibo math to close prices and as you can see the price follows these levels and and Zup ratios perfectly. which are actually Fib. & Persavato ratios. It looks to me that the GBP/JPY follows the Fib Series the best. I loaded up GBP/CHF and it looks to be following the fibo series Perfectly as well, which is so exciting because these currencies, as everybody knows, have the most volitility due to various factors the most important being the intrest rate differential, atleast thats what I read from some free training I found on the net, Which can make you the most money!!!
I think I'll just post GBP/JPY & GBP/CHF. I have a pretty good screen shot collection:

http://picasaweb.google.com/Pipimint (http://picasaweb.google.com/Pipimint)

If anyone want to view them, Picas2 is cool because of how it allow you to scroll through screen shots like a little movie. I love it.

I noticed that the close price acts like the pivot level, today. Also, I like M_MM's BT_Pivot indicator, but, I still think that the traditional ###AutoPivot indicator should be used with it because together they display all the relevant S&R levels even though it seem a little redudant and some of the level are close to each other but that it covers everything that could be in regards to S&R. I feel like I'm forgetting to note something here. I'll just post more If I notice something worth wild.

-Pipimint

"Where Feedback Flows Intelligence Grows"
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 240.56.gif Size: 44 KB
Click to Enlarge Name: 5.08.gif Size: 59 KB
Click to Enlarge Name: 30.001.gif Size: 53 KB
Enjoy it while it lasts, then pay for it. Be Grateful.
  • #35
  • Feb 21, 2008 4:35am Feb 21, 2008 4:35am
Interesting topic, I'll be utilizing this (xx.15, xx.45, xx.60, xx.80) pattern as I continue on my quest to conquer the GBP/JPY. LOL!


Thanks for sharing and please keep it coming ForexLion...
  • #36
  • Feb 21, 2008 7:14am Feb 21, 2008 7:14am
  • #37
  • Last Post: Mar 16, 2008 1:16pm Mar 16, 2008 1:16pm
Hello Lion...Your insights and analysis have captivated my thinking for quite a while now. Thanks for sharing and please keep up the good work. My question has to do with your #1 indicator. Right now on the 1hr Gbp/Jpy it shows that price went way past S3. Of course this being Sunday night I suppose those ranges are going to change for the new week, but aren't we to expect a move up now at least to the 50% retracement of the last run down? I guess I could use some further explanation of this indicator so I have a better understanding. Please advise.


Thanks, Tom
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