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AshFX Daily

  • #2,581
  • Nov 19, 2008 5:41am Nov 19, 2008 5:41am
Quoting Ron215
I haven’t heard anything like that before. I assume it is more useful when you are trading on a short term way. Sounds cool, however I couldn’t figure out how to get it downloaded. I would also like to know about how spread varies depending on the pair, so maybe that’s the point on getting this spread filter.
The Spread is the difference between Ask/Bid for a given pair. For example if you examine the XAUUSD on FXDD the spread is 85 pips, this means when you enter the Trade on this pair you start with -85 pips.
  • #2,582
  • Nov 19, 2008 5:51pm Nov 19, 2008 5:51pm
Quoting atfx
The Spread is the difference between Ask/Bid for a given pair. For example if you examine the XAUUSD on FXDD the spread is 85 pips, this means when you enter the Trade on this pair you start with -85 pips.
I am aware of what a spread is, I mean with the difference between Ask/Bid. My point is when it comes to using this spread filter, it seems you will only trade if the spread is low by using this filter, so it depends on the pair somehow, as well as some other factors that may have affected the trend.
  • #2,583
  • Nov 21, 2008 3:36am Nov 21, 2008 3:36am
Quoting atfx
If anyone have a valid strategy to filter false signal can be implemented in the EA please, let me know and i'll code it.

Thanks
Atfx,

Thanks for your EA . I tested it on a 1 Hour timeframe on Alpari to check how it works.
Would have taken days on a daily timeframe.

It gave me many signals but took only one trade (on 22 pairs) since monday when it should have taken many.
Am I doing something wrong ? i attached the preset for you to look at
if you ve got some time.
Attached File(s)
File Type: zip ash1hnewea.zip   < 1 KB | 551 downloads
  • #2,584
  • Nov 23, 2008 3:54pm Nov 23, 2008 3:54pm
can anybody tell me wich system is better the ASH or OZFX
  • #2,585
  • Dec 1, 2008 4:07pm Dec 1, 2008 4:07pm
A short signal came up today on EUR/CHF. Since the pair is in a downtrend I took the trade.

I treated this as a first strength trade since the stoch line was barely past 50...

Enter short @ 1.5202
SL - 1.5432
TP1 - 1.4976

Opinions on this trade anyone?
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.JPG Size: 110 KB
  • #2,586
  • Dec 2, 2008 8:11am Dec 2, 2008 8:11am
Quoting yab
can anybody tell me wich system is better the ASH or OZFX
My vote is for Ash. I have had good results (demo) using it on 4hr charts. Be sure to practice on demo first and keep your lot sizes very low. This system produces large SL's and TP's. So you must manage your risk or you could get killed fast.
  • #2,587
  • Dec 2, 2008 2:43pm Dec 2, 2008 2:43pm
Quoting andante9
My vote is for Ash. I have had good results (demo) using it on 4hr charts. Be sure to practice on demo first and keep your lot sizes very low. This system produces large SL's and TP's. So you must manage your risk or you could get killed fast.
And tried the recommended Daily TF?

Thanks

FOrex37
  • #2,588
  • Dec 2, 2008 7:10pm Dec 2, 2008 7:10pm
I had a computer "expert" help me install a new HD and OS - all screwed up and it will be a couple of weeks before I can get everything corrected. I cannot download Ash's AO template/indicator. I have successfully loaded stochs and the AC from the Bill Williams indicator list. But the AO on that list when put on to the chart has both the red nd green bars hanging down from a Zero (0) line like icicles and not up for green, down for red. What settings do I use to correct this within the indicator? Much appreciate the help as I would like to demo this on the Daily per post #1. p.
  • #2,589
  • Dec 4, 2008 8:24pm Dec 4, 2008 8:24pm
Quoting Forex37
And tried the recommended Daily TF?

Thanks

FOrex37
My results have been best with 4hr. Yes I've tried daily as well.
  • #2,590
  • Dec 5, 2008 11:45am Dec 5, 2008 11:45am
Hi all pippers,

I have been looking through this site and other similar sites which also use the same indicators (which look very promising). On viewing other trading systems i believe this thread would benifit a great deal with this indicator i am about to tell you about (due to the lack of time i am unable to provide pics ) it is known as centre of gravity also Arps Hurst Bands also Belkayate Bands. Basically they have a number of outter Bands and a central Middle Line , When prices reach these Outter bands there is meant to be 70% to 90% probability of bouncing back towards the middle line. Hence if we only trade at these pionts eg await for the price to touch them then await your Setup of AO,AC & Parabolic you should be in a more profitable trade.

A discription of the Arps can be found at :

http://www.esignalcentral.com/univer...arps/hurst.asp

Plus try googling !!!

Hope this can help some one out there.

Nightpipper.
  • #2,591
  • Dec 8, 2008 3:59pm Dec 8, 2008 3:59pm
Long Setup on AUD/JPY

My 150SMA is pointing down, but this looks like a pretty good setup...I have drawn a triangle which price seems to have broken to the upside...

Anyone have any comments on this setup?
Attached Image (click to enlarge)
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  • #2,592
  • Dec 12, 2008 4:00am Dec 12, 2008 4:00am
Quoting nightpipper
Hi all pippers,

I have been looking through this site and other similar sites which also use the same indicators (which look very promising). On viewing other trading systems i believe this thread would benifit a great deal with this indicator i am about to tell you about (due to the lack of time i am unable to provide pics ) it is known as centre of gravity also Arps Hurst Bands also Belkayate Bands. Basically they have a number of outter Bands and a central Middle Line , When prices reach these Outter bands there is meant to be 70% to 90% probability...

No need to buy this....If you dig FF, you will find one for free.....
  • #2,593
  • Dec 21, 2008 3:54pm Dec 21, 2008 3:54pm
Hi ANTO,

Sorry Anto you have miss-understood me , my intention was to tell other pippers that this indicator is the most important i have used , which can be used on any system along with your own trusted timing indicators. This indicator is available FREE of charge on the FF, and once again i would advise people to look at or search FF for COG ( center of gravity ) Note : I am not trying to sell any body an indicator !!!!!!!! just trying to be of help.

nightpipper.
  • #2,594
  • Dec 22, 2008 12:28am Dec 22, 2008 12:28am
Center of Gravity repaints big time.
  • #2,595
  • Dec 23, 2008 4:08pm Dec 23, 2008 4:08pm
Ash,

Under the rules for second strength trades, you say that you can take a long trade if a) stochastics are above 50 (but below 80) or b) the AO is red, because it will usually turn green in the next few candles.

Can you take a long trade if the stochastics are above 50 AND the AO is red? I have attached an example. Let me know your opinion on taking a trade like this.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 198 KB
  • #2,596
  • Dec 31, 2008 7:54am Dec 31, 2008 7:54am
hi nightpipper

do you have an indi for this?

Quoting nightpipper
Hi all pippers,

I have been looking through this site and other similar sites which also use the same indicators (which look very promising). On viewing other trading systems i believe this thread would benifit a great deal with this indicator i am about to tell you about (due to the lack of time i am unable to provide pics ) it is known as centre of gravity also Arps Hurst Bands also Belkayate Bands. Basically they have a number of outter Bands and a central Middle Line , When prices reach these Outter bands there is meant to be 70% to 90%...
Online Prop Firms are not the solution
  • #2,597
  • Jan 3, 2009 8:07am Jan 3, 2009 8:07am
Looks like we have a long set up on GBP/CHF. However, its been in a downtrend and personally I won't be taking the trade.

My charting package is FXPro.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_CHF.jpg Size: 161 KB
  • #2,598
  • Jan 4, 2009 12:58pm Jan 4, 2009 12:58pm
GBP is trending down against all the majors, USD, EUR, JPY and CHF. I wouldn't take a long on it either. Your indicators show a difference between FXPro and FXDD. FXDD shows on Jan 2, 2009 a short (red) candle, PSAR above, and red AO.
Attached Image (click to enlarge)
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  • #2,599
  • Jan 5, 2009 11:01am Jan 5, 2009 11:01am
Quoting lholcomb
Looks like we have a long set up on GBP/CHF. However, its been in a downtrend and personally I won't be taking the trade.

My charting package is FXPro.

Hindsight is 20/20, but this would have been a nice trade. Currently up over 450 pips...
  • #2,600
  • Jan 6, 2009 3:30pm Jan 6, 2009 3:30pm
Looks like the following possible trades are setting up:

GBP/USD (long)
CHF/JPY (short)

Agreed?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CHF_JPY.jpg Size: 102 KB
Click to Enlarge Name: GBP_USD.jpg Size: 106 KB
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