The 4 Hour Fozzy Method | Forex Factory

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The 4 Hour Fozzy Method

  • #1
  • First Post: Mar 14, 2007 7:51am Mar 14, 2007 7:51am
Hello everyone:

It's time to find out how many people are using the "basics" of "The Daily Fozzy Method" on smaller time frames; the four hour chart in particular. And, how is it being accomplished.

I have a suspicion that there may be a few traders who are successful in doing this and I'm hoping that you will be willing to share with the rest of us the methods that you are using.

Besides; we regularly see questions about this on the "Daily" thread. My answer has consistently been that personally I don't to it, and I have yet to see any solid evidence that it's being done profitably. However, that doesn't change the fact that I believe it is being done.

So please, share with the rest of us what you are doing, how and why. Now's your opportunity.

Personally I'm anxious to see what's being done!
  • #2
  • Mar 14, 2007 8:46am Mar 14, 2007 8:46am
I've looked at doing it several ways but nothing really worked as good as the daily.

Unless you adjust the RSI settings you get too many false signals. Then when you do get a good signal (after watching charts for hours) you may have just have used the daily version to start.

Having said that maybe some have had different results and can give us an insight.
  • #3
  • Mar 14, 2007 8:51am Mar 14, 2007 8:51am
I've been trading the Fozzy method for many months on various timeframes . I have found that the Daily works best. On the 4 hour I use a Hull moving avg. It will alert you via email and pop-up. Check it out. It works really well.
good luck.
Joker-sfx
Attached File(s)
File Type: mq4 HMA Modified.mq4   5 KB | 4,435 downloads
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  • #4
  • Mar 14, 2007 9:21am Mar 14, 2007 9:21am
OK, thanks for the observation willf

Quoting willf
I've looked at doing it several ways but nothing really worked as good as the daily.

Unless you adjust the RSI settings you get too many false signals. Then when you do get a good signal (after watching charts for hours) you may have just have used the daily version to start.

Having said that maybe some have had different results and can give us an insight.
  • #5
  • Mar 14, 2007 9:23am Mar 14, 2007 9:23am
Joker.............when you have some time would you mind posting some specifics, perhaps a chart with an example or two? We would really appreciate that. Thanks!

Quoting JokersWild
I've been trading the Fozzy method for many months on various timeframes . I have found that the Daily works best. On the 4 hour I use a Hull moving avg. It will alert you via email and pop-up. Check it out. It works really well.
good luck.
Joker-sfx
  • #6
  • Mar 14, 2007 4:07pm Mar 14, 2007 4:07pm
Hey BB,

I think the chart speaks for itself but would be happy to go into more detail. I use the sms alert function from the HMA to determine or give me a "looky" to see if I want in.
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  • #7
  • Mar 14, 2007 4:10pm Mar 14, 2007 4:10pm
Happy Hunting...I realize this isn't a "fozzy" but it does work without. you can't beat the Fozzy for a Daily signal

blue 50ma
magenta-89ma
green 200ma
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  • #8
  • Mar 14, 2007 5:10pm Mar 14, 2007 5:10pm
Thanks Joker.......
  • #9
  • Mar 14, 2007 8:33pm Mar 14, 2007 8:33pm
Hey, Joker, thanks for sharing. What setting(s) do you recommend for HMA?
  • #10
  • Mar 14, 2007 9:01pm Mar 14, 2007 9:01pm
I just use default

Quoting Thruline
Hey, Joker, thanks for sharing. What setting(s) do you recommend for HMA?
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  • #11
  • Mar 15, 2007 5:31am Mar 15, 2007 5:31am
@Joker
Can u share with us the suport and resistance indicator and MTF-FX Sniper CCI indicator?
  • #12
  • Mar 15, 2007 9:49am Mar 15, 2007 9:49am
On the charts pics posted I observed in the up-left corner a setting that shows how much time till the bar end ( under MT4)

Can someone please tell me how I arrive to set my MT4 to show that?

Thanks.
The risk is what gives value to an investment.
  • #13
  • Mar 15, 2007 9:57am Mar 15, 2007 9:57am
Quoting 3cent
On the charts pics posted I observed in the up-left corner a setting that shows how much time till the bar end ( under MT4)

Can someone please tell me how I arrive to set my MT4 to show that?

Thanks.
It is from the monster Daily thread. Believe it or not I found it in about 4 or 5 clicks.. I must be spending too much time in that thread.....lol

http://www.forexfactory.com/showpost...postcount=1107
  • #14
  • Mar 15, 2007 10:07am Mar 15, 2007 10:07am
birlicu.....

I'm not answering for Joker, but here's a suggestion for you that may prove helpful in the future. In the Metatrader Forum here at FF is a thread that contains literally hundreds (maybe more) MT4 indicators you can download and install, including the ones you are asking for. There's also a lot of other "very cool" stuff about Metatrader charting, EA's, tutorials and FAQ's. HTH!

Quoting birlicu
@Joker
Can u share with us the suport and resistance indicator and MTF-FX Sniper CCI indicator?
  • #15
  • Mar 15, 2007 11:38am Mar 15, 2007 11:38am
Quoting BeachBum
birlicu.....

I'm not answering for Joker, but here's a suggestion for you that may prove helpful in the future. In the Metatrader Forum here at FF is a thread that contains literally hundreds (maybe more) MT4 indicators you can download and install, including the ones you are asking for. There's also a lot of other "very cool" stuff about Metatrader charting, EA's, tutorials and FAQ's. HTH!
THKS..I 'll have a deeper look!
  • #16
  • Mar 15, 2007 2:37pm Mar 15, 2007 2:37pm
Quoting BookerT
It is from the monster Daily thread. Believe it or not I found it in about 4 or 5 clicks.. I must be spending too much time in that thread.....lol

http://www.forexfactory.com/showpost...postcount=1107

Thank you very much.
The risk is what gives value to an investment.
  • #17
  • Mar 15, 2007 3:47pm Mar 15, 2007 3:47pm
Howdy Joker,

Can U tell me if this indicator repaints, I have seen the Hull repaint in the past.
Thanks

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #18
  • Mar 15, 2007 4:25pm Mar 15, 2007 4:25pm
Absolutely~ gives a head up-I only take a few trades but it keeps me from staying glued to the monitor. I can surf the web and do other things. gives you a look-see. here is a nice pop off the pivot.
Quoting williamk
Howdy Joker,

Can U tell me if this indicator repaints, I have seen the Hull repaint in the past.
Thanks

Bill
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  • #19
  • Mar 22, 2007 3:37pm Mar 22, 2007 3:37pm
Joker...............what is the indicator in the upper right corner that displays price, ATR, etc? From your broker?

Quoting JokersWild
Absolutely~ gives a head up-I only take a few trades but it keeps me from staying glued to the monitor. I can surf the web and do other things. gives you a look-see. here is a nice pop off the pivot.
  • #20
  • Mar 26, 2007 10:27am Mar 26, 2007 10:27am
Hi BB~

I think this is what you are after. I will try and locate the explanation and post.

Found it: http://www.forexfactory.com/showthread.php?t=21105
Attached File(s)
File Type: ex4 _Signal_Bars_v1.ex4   36 KB | 1,306 downloads
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