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Attachments: Bull and Bear Entry
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Bull and Bear Entry

  • #141
  • Jan 27, 2009 6:56am Jan 27, 2009 6:56am
Next week will be :



M 30 chart reversal pattern identification and drill down to M 5 CHART for trade
  • #142
  • Jan 27, 2009 6:58am Jan 27, 2009 6:58am
Hello harigp

Can you post a screenshot with several entries (buy and sell) in order to understand your HA candles properties please!?

Thank you
  • #143
  • Jan 27, 2009 7:12am Jan 27, 2009 7:12am
Hi Theirry

I have identifed few and it is in templete form, but you should be looking into other aspects also before you pull the trigger as stated in my post
Attached File(s)
File Type: tpl buy or sell areas.tpl   4 KB | 522 downloads
  • #144
  • Jan 27, 2009 12:07pm Jan 27, 2009 12:07pm
Hi Hari,
i download your templates and i can see 21 sma hight/low
but in your first post you was writing 21 ema hight/low.
which is correct?
Also i can see bull/bear 14 for default indicators overimposed but 13 for custom bull/bear indicator.
Which is correct 13 or 14?
  • #145
  • Edited 7:19pm Jan 27, 2009 4:48pm | Edited 7:19pm
Quoting chrys
Hi Hari,
i download your templates and i can see 21 sma hight/low
but in your first post you was writing 21 ema hight/low.
which is correct?
Also i can see bull/bear 14 for default indicators overimposed but 13 for custom bull/bear indicator.
Which is correct 13 or 14?
My previous template was wrong. The Bull/Bear Power is corrected to read 14 now in the template if you chose to use it over (or with) the original ones. Also EMA's are corrected. Sorry for the mistakes. Shouldn't post when I'm trading live!
Attached File(s)
File Type: tpl bears and bulls.tpl   2 KB | 449 downloads
  • #146
  • Jan 28, 2009 4:53am Jan 28, 2009 4:53am
Hi cris

Yes you are corrrect it should be EMA not SMA and bull and bear period 14

sorry for that

Hi Flamenco thanks for your help

by the way my home computer is down so may be for two days I will be avilable near the computer screen up to us open only

Today the market is not hot at all . The M 30 candles are moving in stright line. Not good for trade
  • #147
  • Jan 29, 2009 1:16am Jan 29, 2009 1:16am
M 30 CHART BEARISH

candles are moving in M 30 in order

took one short from pull back +30 pip

Second short from pull back +47 pip running
  • #148
  • Jan 29, 2009 10:08am Jan 29, 2009 10:08am
YOUR SYSTEM ROCK !!!!
made a total of +128
  • #149
  • Jan 30, 2009 12:02am Jan 30, 2009 12:02am
Hi ericoco


+128 pip good job.post the charts of your entry for other members to understand
  • #150
  • Jan 30, 2009 2:25am Jan 30, 2009 2:25am
statment
Attached Image (click to enlarge)
Click to Enlarge Name: gj 5 minute.gif Size: 24 KB
  • #151
  • Jan 30, 2009 5:05am Jan 30, 2009 5:05am
Just came accross this interesting system. Please correct me if I am making a mistake.

1. Wait for a heikin ashi reversal signal (paper clip) outside 21 emas.
2. Check data window for bull bear value. If HA below emas, bull indicator is greater than 0.1, then buy. If HA above emas, bear indicator less than -0.1, then sell.
3. Please, clarify more on exits.

Thanks in advance.
  • #152
  • Jan 30, 2009 5:17am Jan 30, 2009 5:17am
hi wahnone

You are correct with your statment and exit if you are working in 5 minute chart and you are interested in short trade

Long : exit when you see the either

white on Top of Blue in HA candle and bear indicator started to dominate


Short: Exit when you see red HA with the pin and bull indicator started to dominate.
  • #153
  • Jan 30, 2009 5:24am Jan 30, 2009 5:24am
Quoting harigp
hi wahnone

You are correct with your statment and exit if you are working in 5 minute chart and you are interested in short trade

Long : exit when you see the either

white on Top of Blue in HA candle and bear indicator started to dominate


Short: Exit when you see red HA with the pin and bull indicator started to dominate.


Concerning re-entrying on pull backs, do we wait for a pull back on 30min then drop to 5min and wait for the normal setup?
  • #154
  • Jan 30, 2009 5:32am Jan 30, 2009 5:32am
As long as M 30 is bullish with the bull indicator up, you can enter on pull back in 5 minute chart and reverse for M 30 bearish and entry in 5 minute chart

Today I was working in 2 minute chart for trade and lot of opportunity for short trade
  • #155
  • Jan 30, 2009 5:37am Jan 30, 2009 5:37am
Quoting harigp
As long as M 30 is bullish with the bull indicator up, you can enter on pull back in 5 minute chart and reverse for M 30 bearish and entry in 5 minute chart

Today I was working in 2 minute chart for trade and lot of opportunity for short trade


Thanks. I have done three trades already, but just scalping. +8, -3, +16. That's on GBPJPY.You have a great system.
  • #156
  • Jan 30, 2009 5:42am Jan 30, 2009 5:42am
Things to take care for not trading

M 30 there is wide gap in bull and bear indicator when you superimpose both

M 30 CANDLES are small and bull or bear number is not progressing

The best you can do is just scalp in 2 minute till such time the M 30 CANDLES
are moving in proper fashion

Good wahnone

Today I collected 179 pip london open and little bit of here and their
  • #157
  • Jan 30, 2009 5:44am Jan 30, 2009 5:44am
There is some progress in M 30 CHART going in the bull direction
  • #158
  • Jan 30, 2009 5:49am Jan 30, 2009 5:49am
Quoting harigp
Things to take care for not trading

M 30 there is wide gap in bull and bear indicator when you superimpose both

M 30 CANDLES are small and bull or bear number is not progressing

The best you can do is just scalp in 2 minute till such time the M 30 CANDLES
are moving in proper fashion

Good wahnone

Today I collected 179 pip london open and little bit of here and their


I am sure this system would bag pips. But how do you get 2min charts on mt4?
  • #159
  • Jan 31, 2009 4:33am Jan 31, 2009 4:33am
Hi wah

There is one indicator called period convertor. Tommorow I will post with
steps to use the M 2
  • #160
  • Jan 31, 2009 8:42am Jan 31, 2009 8:42am
Hi, wah
Here is the period converter that you are looking for.save it in your mt4 indicator file.open the 1min tf of the currency you want and select the indicator from the navigation frame.After selecting the ind make sure that on the common tab, tick on "allow DLL imports" and on the input tab put "2" at the "period multiplier "then click "OK".
Now on the control bar select "file "then "open offline" then the 2min tf of the currency you want then select "open".It will open the 2min tf chart.Make sure you dont close the 1min chart that you initially opened.
I hope i have explained it clearly.
Attached File(s)
File Type: mq4 Period_Converter_Opt2.mq4   15 KB | 397 downloads
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