Higher low, lower high system | Page 39 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What are Higher High, Higher Low, Lower High and Lower Low? 11 replies

How to program Higher-High Higher-Low 19 replies

Higher High/Higher Low indicator conversion from 4 to 5 decimals. Help anyone? 2 replies

Can u point me to code 2 show each bar with a higher high & higher low? 2 replies

High to High and Low to low time cycles 1 reply

Attachments: Higher low, lower high system
Exit Attachments

Higher low, lower high system

  • #761
  • Apr 10, 2010 12:34am Apr 10, 2010 12:34am
Quoting Happy68
Hallo Vantage,

I follow your thread from the beginning And I like your system.

I find the stop-strategy very interesting and have a question. On this chart - where will be the stop - below the yellow or below the blue candle (the blue one is indide bar).

Have a nice weekend
I wouldn't place a stop based on 1hr chart. I'd take set up from 1hr then look at hl from 5 min and place the stop there. Typical stops 15 pips would stretch a little if theres another obvious sup area nearby eg even number, pivot etc.
  • #762
  • Apr 11, 2010 9:09am Apr 11, 2010 9:09am
Quoting Vantage
I wouldn't place a stop based on 1hr chart. I'd take set up from 1hr then look at hl from 5 min and place the stop there. Typical stops 15 pips would stretch a little if theres another obvious sup area nearby eg even number, pivot etc.
I know you place the stop on the 5 min chart. My question was, if the negativ bar taken high is a inside bar would you move the stop below it, or it have not to be inside bar. Just imagine this chart is a 5 min chart
  • #763
  • Apr 11, 2010 9:53pm Apr 11, 2010 9:53pm
Quoting Happy68
I know you place the stop on the 5 min chart. My question was, if the negativ bar taken high is a inside bar would you move the stop below it, or it have not to be inside bar. Just imagine this chart is a 5 min chart
OK, the stop after the hammer with the blue arrow up.
  • #764
  • Apr 12, 2010 11:35am Apr 12, 2010 11:35am
Thank you, V.
  • #765
  • Apr 13, 2010 12:28am Apr 13, 2010 12:28am
Yesterday internet connection was down, big dissapointment as there looked to be some good set ups.

1st trade today was BE. Ihr, 15 min up took this hl. Gave it a couple of chances getting to +10 or so then after a negative close and then a hammer on 15 min out at BE.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 23 KB
  • #766
  • Apr 13, 2010 12:47am Apr 13, 2010 12:47am
Morning V,
took your first trade for +3.5, then an early entry on the second one for -4, so at b/e so far. EU was making a push through the overnight range, so I was prepared to give the second trade room, but not that much room to make it a bigger loss. Then I passed the third trade because of the high volume green spinning top on the 15 min. At that point, EU was back at the RN, so potential support at that point. EJ looks to be leading this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: 100413 0841 GU trades.png Size: 31 KB
  • #767
  • Apr 13, 2010 12:59am Apr 13, 2010 12:59am
I just realised you took the earlier trade, and I got the picture wrong as well, lol. So, I have altered the image now. I took the 2 trades after you.
Attached Image (click to enlarge)
Click to Enlarge Name: 100413 0854 GU trades.png Size: 31 KB
  • #768
  • Apr 13, 2010 1:15am Apr 13, 2010 1:15am
Very tough work this morning. Which just means we need to have a little patience.
  • #769
  • Apr 13, 2010 11:03pm Apr 13, 2010 11:03pm
I hsve problems whit all the indicators except the first one pivot that one i can download all the others is just named attacement and i cant do i thing whit them anyone got any ideers ?


best regards
  • #770
  • Apr 13, 2010 11:39pm Apr 13, 2010 11:39pm
Try downloading from the paperclip. This should work for you.
  • #771
  • Apr 13, 2010 11:51pm Apr 13, 2010 11:51pm
There was a LH 30 mins into the Frankfurt session that co-incided with a break of the 30 ema. I took this short with some reservations because of all the wicks on M5 and M15 charts. It hit todays open to the pip and I exited at +27 And thanks Royston for that little indicator.
  • #772
  • Apr 14, 2010 12:20am Apr 14, 2010 12:20am
Quoting orientos
There was a LH 30 mins into the Frankfurt session that co-incided with a break of the 30 ema. I took this short with some reservations because of all the wicks on M5 and M15 charts. It hit todays open to the pip and I exited at +27 And thanks Royston for that little indicator.
We had reservations also and sat out, nice one.
  • #773
  • Apr 14, 2010 12:22am Apr 14, 2010 12:22am
orientos how do i do that thanks


best regards
  • #774
  • Apr 14, 2010 12:23am Apr 14, 2010 12:23am
Quoting Vantage
We had reservations also and sat out, nice one.
Mind sharing your reservations just to provide another perspective?

I took this one as well but probably a little lower than mentioned by the previous poster because I wanted to see those 5min pins break first. Was going to play a tight stop with 5400 so close but didn't have to worry too much as you could see.
  • #775
  • Apr 14, 2010 12:35am Apr 14, 2010 12:35am
Jgadefelth - at the top of this page is the number 426 with the symbol of a paperclip beside . Click on this, then "hide images" and you will be left with all the indicators in this thread. Just download thw one you are having a problem with. Apparently the current version of Internet Explorer has some issues that is causing a problem with downloads direct from Page 1 of threads. Good luck.
  • #776
  • Apr 14, 2010 12:59am Apr 14, 2010 12:59am
Quoting orientos
Jgadefelth - at the top of this page is the number 426 with the symbol of a paperclip beside . Click on this, then "hide images" and you will be left with all the indicators in this thread. Just download thw one you are having a problem with. Apparently the current version of Internet Explorer has some issues that is causing a problem with downloads direct from Page 1 of threads. Good luck.

thanks i try that if it dont work i can open this thread by mozilla and se if it works better thansk


best regards
  • #777
  • Apr 14, 2010 3:02pm Apr 14, 2010 3:02pm
Quoting orientos
Jgadefelth - at the top of this page is the number 426 with the symbol of a paperclip beside . Click on this, then "hide images" and you will be left with all the indicators in this thread. Just download thw one you are having a problem with. Apparently the current version of Internet Explorer has some issues that is causing a problem with downloads direct from Page 1 of threads. Good luck.

thanks your surgestion did work


best regards
  • #778
  • Apr 15, 2010 12:37am Apr 15, 2010 12:37am
I could not find a trade during the first 2 hours of the European session. There was a nice LH 30 mins. after LO, but I didn't take as there was only a little way to go to serious S/R, the W R1 and the Days open.
  • #779
  • Apr 15, 2010 12:45am Apr 15, 2010 12:45am
Quoting orientos
I could not find a trade during the first 2 hours of the European session. There was a nice LH 30 mins. after LO, but I didn't take as there was only a little way to go to serious S/R, the W R1 and the Days open.

That was a nice double top sell. 15 min was moving up but had an upper wick that could not break the prev high. See the daily chart I posted a day or so back, that 5525 area a tough one.

We've come down to the days open and I missed the buy right on that level so hoping for a nice higher low here.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 23 KB
  • #780
  • Apr 15, 2010 12:50am Apr 15, 2010 12:50am
Quoting Auron112
Mind sharing your reservations just to provide another perspective?

I took this one as well but probably a little lower than mentioned by the previous poster because I wanted to see those 5min pins break first. Was going to play a tight stop with 5400 so close but didn't have to worry too much as you could see.
Sorry Auron just saw this now had a lot of time away from computer last few days. Had internet problems then a lot of follow up doctors appointments etc etc with my mum. Last few days generally pretty poor so don't think I missed out on much.

I think we didn't like the erratic hammers/shooting stars all over the place. prob should have just waited for a decent 15 min candle and sell the break of range.

Hl poss coming perhaps, we'll see.
2 traders viewing now