DislikedAd, Which trading software/broker is this ?
Edit: Saw your other post. You said Finviz, right ? Can we trade also from this site (Demo) ?Ignored
On finviz I don't think they have a demo portfolio.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAd, Which trading software/broker is this ?
Edit: Saw your other post. You said Finviz, right ? Can we trade also from this site (Demo) ?Ignored
DislikedThe only free stock scanner I've been able to find is Patternz:
http://thepatternsite.com/patternz.html
Website looks rubbish and the software is a little old but it's brilliant. The author has written a great book on chart patterns and has done a lot of historical testing on the probability of patterns continuing or failing. If you find any other scanners let me know.Ignored
DislikedI actually caught that BUOB retrace for a long for 32 pips but that dog couldn't hunt. I should have known why . .it was going the other way . .lolIgnored
DislikedI am not seeing your DBHLC nor your BUOB on the 4 hour Guppy.
Gotta chart ?Ignored
DislikedI wanted to comment on this one earlier aserb.
You have a BUOB at a not-so-great trendline on the 4 hour time frame.
Yet where is the PPZ levels? Is there other PA on the higher time frames that may agree or conflict with your 4 hour setup.
We see on the Weekly time frame a Big BUOB right through a Weekly PPZ level, 1.3350. It sure would have been great if that baby was at a swing low. But it still has good potential. Classic Resistance turning into Support.
What would give a good conformation that Price is now respecting that newly...Ignored
Disliked.. I've attached the 4H chrt, as you see my pricefeed generated a DBHLC pattern...Ignored
Dislikedhello xmzhang,
if i may...
personally, if i saw this setup, there's a good chance i would've taken it.
the difference would be where we put stops. this is gbpjpy, a wild pair, so most likely i have my stop 10-20pips above the DBHLC. (but there's an equally good chance that i would've gotten stopped out too)
u can attribute getting stopped out to insufficient stop placement &/or the typical stophunt.
Next trade!
hope this helpsIgnored
DislikedAnyone noticed divergence of price and MACD, confirmed by a DBHLC pattern (not perfect, the highs differ by 3 pip) ? Could this go to PPZ 13,700 ?..Ignored
DislikedHello Andrea,
u can use Google or wikipedia to learn about DLL or Dynamic Link Library.
on MT4, press F1 to go to Help.
inside Help,use the Search tool. type "DLL imports" or "DLL". it will come up with search results.
i think, in simple terms, 'allow DLL imports' will provide more functionality needed by the EA u are using.
to learn more about the J16 EA manager, PM atclarkson (EA owner).
hello xmzhang, there is no divergence.
price made lower high, MACD made a lower high too.
1.3700? sure, it's possible. but no guarantees --- it's up to...Ignored
Dislikedhi everybody
ref MT4
EA "J16 manager"
which allows to automatically move SL to BE at specified price
and manage the position as well
would anybody please explain or link me to some full explanation on how to set data and make it work?
what "allow DLL imports" means?
any help much appreciated
AndreaIgnored
DislikedBTW, anyone know how can I move my stop to NET BREAKEVEN.
Is there such an additional EA?
Will greatly appreciate!! Thanks.Ignored
DislikedBTW, anyone know how can I move my stop to NET BREAKEVEN.
Is there such an additional EA?
Will greatly appreciate!! Thanks.Ignored
DislikedCheck out the 'Swiss Army EA'. I believe it can do everything... including making my dinnerIgnored
DislikedI am still working with J16 manager but in answer to your question I believe you would figure your first target area say +20 pips and adjust the line that says exit pips from 0 to -20
question for you..... after you set j16manger on an executed trade and you set it up.... does it work if you shut down mt4 program or log off your computer?Ignored
DislikedGreetings Jarroo,
Thanx for taking the trouble for replying my post! http://cdn.forexfactory.com/images/icons/icon14.gif I've attached the 4H chrt, as you see my pricefeed generated a DBHLC pattern followed by a green bar which engulfed the DBHLC, the lows only differ 2 pip. If one traded this DBHLC with the SL a few pips above the high, you would have stopped out, to see price drop afterwards. Is this just bad luck or is this setup not correct ?
May the force be with you,Ignored