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The Force 5min system

  • #1,981
  • Jan 14, 2009 2:53am Jan 14, 2009 2:53am
A good example of histogram divergence coupled with the 2 shooting stars at R1, a good hint of a fall to come.

Attached the histo div indi which you can just drag across and place over macd to save using another indicator window.
Attached Image (click to enlarge)
Click to Enlarge Name: eur 5 min.gif Size: 23 KB
Attached File(s)
File Type: mq4 FX5_MACD_Divergence_V1.1.mq4   12 KB | 830 downloads
  • #1,982
  • Jan 14, 2009 5:44am Jan 14, 2009 5:44am
hi vantage: I find your thread 'make 40% per month' and 'higher low and lower high system' , how things going so far?
  • #1,983
  • Jan 14, 2009 5:49am Jan 14, 2009 5:49am
fj in force expert lets say we have drawn an upper tl joining the two highs in 15min time frame zoomed out to have a big picture now lets say the price instead of failing to retest pierces the trendline and form a new higher high what we have to do in that case do we have to update the 15 min tl to join the newly formed high and wait for next failed retest on this new tl??

fj will wait for your answer.thanks in advance for clearifying the query
  • #1,984
  • Jan 14, 2009 6:02am Jan 14, 2009 6:02am
nice system.
I'll make a demo with it.
thanks jedi.
  • #1,985
  • Jan 14, 2009 7:27am Jan 14, 2009 7:27am
Quoting blackmovie
hi vantage: I find your thread 'make 40% per month' and 'higher low and lower high system' , how things going so far?
Sometimes a little more/a little less but on average I've been doing this for some time now.

There is nothing magical about this number, per $10000 acc trading 1 full lot with 20 pip stop or thereabouts aiming to net 20 pips per day. With this system (and using in combination with hl's and lh's) that can realistically be done, giving around 40% return.

I really believe that with better focus and strictly applying this system I can improve on this %.

Patience, have a plan, trade that plan, stick to the rules. I believe I can improve on my recent returns.

Thanks Jedi I really appreciate the improvement your system has/is bringing to my trading.
  • #1,986
  • Jan 14, 2009 2:47pm Jan 14, 2009 2:47pm
guys, Im very young in forex trading, can any one pls be patient enough to explain to me how to set up this system on my platform and which indicators to download, pls.
Add value everyday in Pips
  • #1,987
  • Jan 14, 2009 4:39pm Jan 14, 2009 4:39pm
hello,

I will be happy to do it. just go to first page and if not I will come back in Ff next morape". Glad to help like others HERE!!!ning.
Even you can go to forum and my nick is "c
Quoting Pip-Stud
guys, Im very young in forex trading, can any one pls be patient enough to explain to me how to set up this system on my platform and which indicators to download, pls.
  • #1,988
  • Jan 14, 2009 11:56pm Jan 14, 2009 11:56pm
Ok please lets start from step one, where do I save the indicators downloaded from the first page of this forum. and after saving how do I activate it on my MT4 platform, Thanks for helping a newbie like me.
Quoting capetown
hello,

I will be happy to do it. just go to first page and if not I will come back in Ff next morape". Glad to help like others HERE!!!ning.
Even you can go to forum and my nick is "c
Add value everyday in Pips
  • #1,989
  • Jan 15, 2009 6:13am Jan 15, 2009 6:13am
Save them in the "/experts/indicators" subfolder in your MT4 folder. Then shut down, restart or start up MT4 to compile them. To activate an indicator, find it in the Navigator area on your MT4 screen, click on it, drag it to the chart area and drop it. A window will pop up allowing you to adjust any settings you want to before it's activated. That's it.
NOTE: If you come across the "TrailStop.ex4" module, it is an Expert Advisor (EA), NOT an indicator, and it should be saved in the "/experts" subfolder.

Quoting Pip-Stud
Ok please lets start from step one, where do I save the indicators downloaded from the first page of this forum. and after saving how do I activate it on my MT4 platform, Thanks for helping a newbie like me.
  • #1,990
  • Jan 15, 2009 11:06am Jan 15, 2009 11:06am
Ok thank you I think I have now install all the indicators I found on the first page. Now all the indicators are alive on my chart, Pls The big question now is, How do I use them to identify are good trade. Thank you

Quoting frankscook
Save them in the "/experts/indicators" subfolder in your MT4 folder. Then shut down, restart or start up MT4 to compile them. To activate an indicator, find it in the Navigator area on your MT4 screen, click on it, drag it to the chart area and drop it. A window will pop up allowing you to adjust any settings you want to before it's activated. That's it.
NOTE: If you come across the "TrailStop.ex4" module, it is an Expert Advisor (EA), NOT an indicator, and it should be saved in the "/experts" subfolder.
Add value everyday in Pips
  • #1,991
  • Jan 15, 2009 1:01pm Jan 15, 2009 1:01pm
1. the 20 and the 80 lines does not appear on my chart, how do I activate them,

2. the "risk calculator file" and "theforce5.tpl file doesnt look like indicator files to me so I did not save them in the indicators folder. But I wonder if Im wrong, Pls tell me what to do with the two files
Add value everyday in Pips
  • #1,992
  • Jan 15, 2009 10:24pm Jan 15, 2009 10:24pm
Upper TL exceeded 3:30 gmt...

Attached Image (click to enlarge)
Click to Enlarge Name: 2j5cqrq.gif Size: 12 KB
  • #1,993
  • Jan 16, 2009 2:31am Jan 16, 2009 2:31am
Quoting frankscook
Save them in the "/experts/indicators" subfolder in your MT4 folder. Then shut down, restart or start up MT4 to compile them. To activate an indicator, find it in the Navigator area on your MT4 screen, click on it, drag it to the chart area and drop it. A window will pop up allowing you to adjust any settings you want to before it's activated. That's it.
NOTE: If you come across the "TrailStop.ex4" module, it is an Expert Advisor (EA), NOT an indicator, and it should be saved in the "/experts" subfolder.
Im getting a grab on this system slowly, but Im sure there are more potentials to this sytem that I am yet to figure out, any help will be appreciated
Add value everyday in Pips
  • #1,994
  • Jan 16, 2009 3:26am Jan 16, 2009 3:26am
Quoting Pip-Stud
Im getting a grab on this system slowly, but Im sure there are more potentials to this sytem that I am yet to figure out, any help will be appreciated
Under forexjedi's signature click on the link to join the chat room. You'll get lots of help there.
  • #1,995
  • Jan 16, 2009 3:46am Jan 16, 2009 3:46am
I switched to a separate chat program and like it a lot better than the default web-browser based one.

I searched google for Freeware IRC Clients as below...

http://www.google.com/search?hl=en&q...are+irc+client

To connect there is just the server and the channel.

Server: irc.mibbit.com
Channel: #the_force_5m

Attached Image
  • #1,996
  • Jan 16, 2009 3:56am Jan 16, 2009 3:56am
does anyone use trader logs? I have attached a copy of it. If anyone can give me any suggestions on how to make it better, I wold love it!

For the newbies that are asking what to do. Keep asking, a lot of good people on here that will help you a lot. It also makes people look at what they traded and why. That's a great opportunity for everyone to learn more. I can tell you creating this has been a huge help. I'm honest to myself on it. I do it for every trade, and started to see some patterns form. I kept one for 3 months while trading a demo account and now started a new one with a small live account.

Good luck and have a great weekend folks!
Attached File(s)
File Type: xls trader log.xls   21 KB | 821 downloads
A woman drove me to drink, and I forgot to thank her
  • #1,997
  • Jan 16, 2009 4:57am Jan 16, 2009 4:57am
Quoting simpleguy
does anyone use trader logs?...

SG,

One thing to add may be to add SL size and record whether a trade hits your SL or you exit before it hits it. Can give you help analysing your stop losses but also ensuring you don't exit too hastily.

fb
  • #1,998
  • Jan 16, 2009 6:08am Jan 16, 2009 6:08am
Second week with the force and i made my first profitable 5 day period in my short Fx carrier +36 pips. 7pip/day not much but hey im happy! Go Go force!
  • #1,999
  • Edited 12:16pm Jan 16, 2009 12:03pm | Edited 12:16pm
A typical wolfe wave reaction from the bottom at 3025 (point 5) up to the target line.

If euro bears are still keen they should resume targeting the lower line formed by 1 3 5...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_16jan2009_wolfe.gif Size: 12 KB
  • #2,000
  • Jan 16, 2009 3:58pm Jan 16, 2009 3:58pm
Quoting forexjedi
As I mentioned yesterday in the test below here is the first move of the day on the USD/JPY. The market opens with a existing trend then an adjustment is made and a quick 10 pips is gained on the first valid signal of the session taking less tha 10 min. If you do this at the beginning of the Asian and Euro session thats 20 pips a day right there. Set your alarm wake up for an hour make your 10 pips and then go back to bed. Please see the chart below.

Interesting. Does that work only with USD/JPY? And what do think is the beginning of EURO session? Is that 3:00am EST? Thanks, Paris
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