PowerSwing V.2

the entry signals no. the exit one a little. Entry signals when HMA cross ForexOffTrend. Exit when HMA change color.

I noticed that sometimes the "x's'" appear too soon eventhough I didn't see a signal to close, as in the attached chart where I inserted a check. What adjustment can be made so that the trades stay open longer?

according to the results of the arrows does any one know where the stop loss is placed? or is it just enter on the arrow and exit on the cross.

The stop is discretionary according to your trading style.

I am trying to optimize for various timeframes, but the arrows don't re-adjust no matter what adjustments I make to any of the indicators. What parameter can be adjusted to accomplish this?

mer071898, thanks again for the MM indi.

Just stumbled on your system and will give it a whirl.

Is the video still not working?

Anyone kind enough to clarify the SL, the TP I can work out from the MM Lines.

Also, is this only for GBP/JPY and the H4 TF or are other pairs and TF possible?

Thanks in advance




Just back from taking her for a spin around the block.

I like it, incredibly simple but looks good. Even looks good on TF15 although I spotted a few false entries.

I like this one with the pin bar for a 180 pip short.
Especially with the CCI Divergence to confirm.

hi all my friendes this my trade is true?http://tehransar.ir/pics7/187fcec4b6...7ef97f44b1.jpghi all my friend this my trade is true?

Hi, Xchaparro
You said (#59) the exit signals are slightly repinted. What shoud mean and how to overcome this unpleasant situation?
Also would you be so kind to explain here the mechanics of your system? I intend to expose also mine.
I send you also a private message,
Thanks,
Tigrotto

Hi Mer071898,
Would you be so kind as to let me know how a trader could handle the unpleasant situation related with the reprinting of the Great Entry Arrows with your system ?
As you surely knows ( see #59) , Xchaparro produced a powerfull Swing system whose entry arrows simply son't change.
thanks,
tigrotto

mer what happens to your demo account? No trades at all?

Hi, Xchaparro
I like ur modified powerswing indicator, this good at daily chart ( accurate entry signal)
I have some alternates solution for powerswing repaint exit signal (x) :

1. Use the Ozfx AES signal for exit (only AES signal!) ; this signal behavior is
70-80 % show at the "open" or beginning the current candle and 20 % at
the candle procces.Also this AES signal is almost similar with ur exit signal
2. Second alternate ( good one too)I like this one :
This I must explain by example
- we have long position, if next 1-3 candle showing exit signal (original exit signal)--> we exit !!, after that if the exit signal not deploye and market move up/bullish again, the powerswing showing reentry signal until the fix exit signal has been deployed.

- for short --> vice versa

Its up to u Xchaparro..try n choose one
I hope this make some solution for this potential indicator

If we do--> we have accurate indicator with no repaint entry and we can catch the trend until maximum = profitable trade

This the Ozfx indicator ( 2 version one is show in tray n one in chart):


Thanks

and what the "isEA calling" function?

Hijeje1st,
Are you sure that the greatest ( full) arrows are not reprinting whatever would be the time frame?
The same question for hollow arrows.
Then, could you be more specific when showing the enter/ exit rules, please?
Thanks, tigrotto

Yes Tigrotto hollow arrow behavior is similar with exit powerswing signal.as I said..( I like alternative solution no 2)
--> they are appear at the open of candle n still appear/disappear at candle process..BUT never ever repaint after current candle has been closed.Maybe is not so good...its okay

I m learning powerswing system n have some conclution :
1. This indy only works with higher TF ( daily chart )
2. For entry : use powerswing entry signal ( is a MUST..coz never repaint n accurate)

The problem is
We still dont have fixed exit signal! because "powerswing exit signal" appear at the open of candle n still appear/disappear at candle process..BUT never ever repaint after current candle has been closed.
So we can't catch the trend until maximum.
Example at picture.


So any suggestion for re entry signal?

with this indicator I can never seem to catch the arrows popping up. Does any one else have this problem and would you be good enough to post the version that you are using.

cheers

the arrow is repaint ?

Also the forexofftrendalert...repaints till 5 candles backwards...so you trade with just one indi...

HI mer071898

This is a very good technique.
Im backtesting this now, wait the result.

Hi Voketexpert

How is your backtesting coming along with this method? I just came across it yesterday and it looks intersting.


Looking forward to your response

mer071898

Thnx a lot for sharing.
Waiting for your video.

Regards