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PowerSwing System For Long term trading 127 replies

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PowerSwing V.2

  • #41
  • Jan 24, 2009 11:51pm Jan 24, 2009 11:51pm
Quoting xchaparro
I am following your thread and found extra indicators to help the entry and exit. Just entry with the arrow and exit with the X
Chaparro

Having looked at your indicator and template its pretty good. I noted that some trades were loosers. From the amounts of the losses I couldnt determine where you placed ur stops. can you shed a bit of light to where you place the stops or how you manage it so the losses can make some sense for me.

Also, does the arrow and the x mark repaint at all or once they show up thats the time to enter and exit? Or do you wait for next bar to open for entry / close for exit?

Thanks in advance...
  • #42
  • Jan 24, 2009 11:55pm Jan 24, 2009 11:55pm
Quoting eagle4x
I could be mistaken, but what I think why the repainting of the arrows on a 4hr chart would not be not an issue, is because after an arrow forms and if the other indicators trigger their signals according to the system, then a trend should be in effect. Mer, is this correct?
It would not be an issue if after the arrow appeared you were to buy at the bottom when the market comes back to retest.

After a trend market either goes side ways on the 4 hour chart and mostly will do a retest of teh bottom (some times little higher sometimes little lower) If you were to go long on that retest area you could keep your stops tighter I reckon. Or alternatively wait until a trend line can be drawn and trade upwards the break out with a stop below the prior swing.
  • #43
  • Jan 25, 2009 1:17am Jan 25, 2009 1:17am
He said in post #24 that his indicator's don't repaint.

Quoting dfxclub
Chaparro

Having looked at your indicator and template its pretty good. I noted that some trades were loosers. From the amounts of the losses I couldnt determine where you placed ur stops. can you shed a bit of light to where you place the stops or how you manage it so the losses can make some sense for me.

Also, does the arrow and the x mark repaint at all or once they show up thats the time to enter and exit? Or do you wait for next bar to open for entry / close for exit?

Thanks in advance...
  • #44
  • Jan 25, 2009 1:35am Jan 25, 2009 1:35am
Your statement about waiting until a trend line can be drawn, was in effect what I wrote - after an arrow, if the other indicators generate their signals, then a new trend should be in effect. In other words, if the other indicators generate their signals, then a trendline could be drawn. But none of that matters anyway if xchaparro's arrow's do not repaint.

Quoting dfxclub
It would not be an issue if after the arrow appeared you were to buy at the bottom when the market comes back to retest.

After a trend market either goes side ways on the 4 hour chart and mostly will do a retest of teh bottom (some times little higher sometimes little lower) If you were to go long on that retest area you could keep your stops tighter I reckon. Or alternatively wait until a trend line can be drawn and trade upwards the break out with a stop below the prior swing.
  • #45
  • Jan 25, 2009 7:13am Jan 25, 2009 7:13am
Quoting eagle4x
Your statement about waiting until a trend line can be drawn, was in effect what I wrote - after an arrow, if the other indicators generate their signals, then a new trend should be in effect. In other words, if the other indicators generate their signals, then a trendline could be drawn. But none of that matters anyway if xchaparro's arrow's do not repaint.
This is exactly what I wanted to be 100% certain about... so I will try to keep an eye on it this week and see...
  • #46
  • Jan 25, 2009 5:08pm Jan 25, 2009 5:08pm
xchaparro's template does not work for me. I am with FXDD. I don't get any arrows or Xs. I installed all the indis in the right folders, tried removing/adding the Powerswing, but still see nothing... Can anyone help me out?
  • #47
  • Jan 25, 2009 7:58pm Jan 25, 2009 7:58pm
The market is open now and the arrows are still not appearing on my chart, even after reloading the template.

Quoting xchaparro
they don't repaint try removing powerswing indicator and add it again. If the market is closed you will need to wait until is open again
  • #48
  • Jan 25, 2009 10:35pm Jan 25, 2009 10:35pm
forex offtrend repainting...when the trendline cross buleline the X appear..but when the price move down a little then price move up again .the buleline change it slope,move away the trendline when they cross again the x move to next high ..can anyone modify forex offtrend ???
  • #49
  • Jan 26, 2009 6:33am Jan 26, 2009 6:33am
Unfortunatley the power swing indi does not refresh in realtime.
  • #50
  • Jan 26, 2009 9:40pm Jan 26, 2009 9:40pm
Quoting wwp726
forex offtrend repainting...when the trendline cross buleline the X appear..but when the price move down a little then price move up again .the buleline change it slope,move away the trendline when they cross again the x move to next high ..can anyone modify forex offtrend ???
Some of the indicators repaint. Even if mine doesn't, the results are affected everytime you refresh the graph. I will fix the indi and post a working version.
  • #51
  • Jan 26, 2009 9:47pm Jan 26, 2009 9:47pm
Good to see you still here, xchaparro. You did a nice job with the indi, even though offtrend repaints too much. I have a substitute for offtrend that may be better if you want. It would need to be altered to print in the chart instead of the subwindow -- similar to what someone did by changing AlaskinPipAssassin from sub to chart and made it offtrend. PM me your email if you're interested and I'll send it to you.

Quoting xchaparro
Some of the indicators repaint. Even if mine doesn't, the results are affected everytime you refresh the graph. I will fix the indi and post a working version.
  • #52
  • Jan 27, 2009 11:49pm Jan 27, 2009 11:49pm
Quoting xchaparro
Some of the indicators repaint. Even if mine doesn't, the results are affected everytime you refresh the graph. I will fix the indi and post a working version.
xchaparro

thanks for your efforts. Im looking at your indicators and on ODL they appear to be working well.

in addition to any modification you make to the indis, would it be possible to put a one line explanation of the indicators with the numbers arrows and stars that are on the left top part of the screen so we can bring it all together.

thanks alot
  • #53
  • Jan 28, 2009 11:11am Jan 28, 2009 11:11am
mer071898,

Can you please explain the Forex Off Trend alert indicator and how it functions in relationship as an EXIT?

Why is it always the BLUE line for both Long and Short trades? instead of say, blue for short and red for long?

And is anyone watching or trading the recent long signals in the GBP-USD or EUR-USD?

Here is a demo trade that I still have open but about ready to close....

Thanks, John
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Canadian by birth Australian by choice
  • #54
  • Jan 29, 2009 3:09am Jan 29, 2009 3:09am
just posting this for the record, big interest rate change in New Zealand caused the drop so far..
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Canadian by birth Australian by choice
  • #55
  • Jan 29, 2009 10:23pm Jan 29, 2009 10:23pm
mer, did you give up on this thread?
  • #56
  • Jan 30, 2009 7:07am Jan 30, 2009 7:07am
............ the arrow moved but then the blue never crossed red, and the trend lines still down, might be a good rebound trade here...... later
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Canadian by birth Australian by choice
  • #57
  • Feb 7, 2009 1:11am Feb 7, 2009 1:11am
Has anyone been able to get the arrows to appear on their chart from post #22?

Quoting xchaparro
I am following your thread and found extra indicators to help the entry and exit. Just entry with the arrow and exit with the X
  • #58
  • Feb 8, 2009 8:10am Feb 8, 2009 8:10am
Quoting eagle4x
Has anyone been able to get the arrows to appear on their chart from post #22?
they used to work initially but lately they are not coming up...
  • #59
  • Feb 8, 2009 7:05pm Feb 8, 2009 7:05pm
Quoting eagle4x
Has anyone been able to get the arrows to appear on their chart from post #22?
Here is the indicator with some modifications.
Attached File(s)
File Type: zip Powerswing.zip   15 KB | 1,927 downloads
  • #60
  • Feb 9, 2009 5:04am Feb 9, 2009 5:04am
Excellent! What is generating the signals? Do the arrows repaint?

Quoting xchaparro
Here is the indicator with some modifications.
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