Higher low, lower high system | Page 159 | 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

  • #3,161
  • Oct 6, 2010 10:25am Oct 6, 2010 10:25am
Rising H1 candles and using Aprils old resistance levels help make the most of this afternoons m5 HLs.

I love your setups using SR to trade off and to Dave. Next stop Febs SR 1.3962 to 1.4025?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: beebs5f.gif Size: 34 KB
Click to Enlarge Name: beebs5fd.gif Size: 33 KB
  • #3,162
  • Oct 6, 2010 8:32pm Oct 6, 2010 8:32pm
Quoting Vantage
Care to post that stop indi that actually seems to give good entries so I can compare to 8 lwma??
Hi Vantage, it looks very similar to the TSSuperTrend Indicator that is available on Ninjatrader, not sure about MT4 platform. It's a combination of ATR and MA's. Basically a stop and reverse, the trailing stop is adjustable.

It gave almost identical signals as Musashi's charts.

Cheers
  • #3,163
  • Oct 7, 2010 12:52am Oct 7, 2010 12:52am
Quoting Sakk
Hi Vantage, it looks very similar to the TSSuperTrend Indicator that is available on Ninjatrader, not sure about MT4 platform. It's a combination of ATR and MA's. Basically a stop and reverse, the trailing stop is adjustable.

It gave almost identical signals as Musashi's charts.

Cheers
You need to be very careful. I don't know mt4 code but the settings uses a hilo break and a candle count back. So it appears thats the main method of determining stop and therefore counter trend. So if you are trading very small time frames you need to take that fact into consideration. Not going into detail but thats CRUCIAL. Unless your methods are sound you could get burned. M seems to have this sorted.
  • #3,164
  • Oct 7, 2010 1:37am Oct 7, 2010 1:37am
Higher swings... Bullish...

Approaching RN resistance now..
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 99 KB
  • #3,165
  • Oct 7, 2010 1:44am Oct 7, 2010 1:44am
Moved stops up... lock it away
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 100 KB
  • #3,166
  • Oct 7, 2010 1:50am Oct 7, 2010 1:50am
Moved up again... anyway you get the idea..
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 101 KB
  • #3,167
  • Oct 7, 2010 1:54am Oct 7, 2010 1:54am
The beauty of letting it run...
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 104 KB
  • #3,168
  • Oct 7, 2010 2:09am Oct 7, 2010 2:09am
Took profits after seeing a potential lower high forming..

+48
+41
Attached Image (click to enlarge)
Click to Enlarge Name: 5.jpg Size: 84 KB
  • #3,169
  • Oct 7, 2010 2:51am Oct 7, 2010 2:51am
Hi all 1st trade of the day no screen shot of me in the trade the platform messed up and I only got 4.5pips and was in it about 5 seconds!!
Off 75psych level after bullish 15min close traget was 15900-912.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-07_0848.jpg Size: 76 KB
  • #3,170
  • Oct 7, 2010 3:32am Oct 7, 2010 3:32am
I was in the shower for earlier move nice one M.

We tried for the move you've shown reflex but we waited a split second too long and it jumped and we got a requote. We use a 2 pip (20 on fxpro 5 digit broker) max deviation but price jumped more than that. Oh move was also a LO half hour reversal, they happen a lot also.
  • #3,171
  • Oct 7, 2010 3:48am Oct 7, 2010 3:48am
Quoting Vantage
I was in the shower for earlier move nice one M.

We tried for the move you've shown reflex but we waited a split second too long and it jumped and we got a requote. We use a 2 pip (20 on fxpro 5 digit broker) max deviation but price jumped more than that. Oh move was also a LO half hour reversal, they happen a lot also.
hi V
Yeah it was a nice one also off 15870 hourly support and H1 trendline.
H1 chart below
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-07_0951.jpg Size: 104 KB
  • #3,172
  • Oct 7, 2010 4:10am Oct 7, 2010 4:10am
Quoting Musashi
Took profits after seeing a potential lower high forming..

+48
+41
Nice trade Mus,

we took the bounce off febs old daily res, to yesterdays high for 1st target.
Attached Image (click to enlarge)
Click to Enlarge Name: eu07.gif Size: 32 KB
  • #3,173
  • Oct 7, 2010 8:13am Oct 7, 2010 8:13am
Quoting jag1966
Rising H1 candles and using Aprils old resistance levels help make the most of this afternoons m5 HLs.

I love your setups using SR to trade off and to Dave. Next stop Febs SR 1.3962 to 1.4025?
Traded all the way to 1.3962 then 1.4025 using your m5 and m15 HLs Dave.
Attached Image (click to enlarge)
Click to Enlarge Name: eu0710.gif Size: 21 KB
  • #3,174
  • Oct 7, 2010 8:38am Oct 7, 2010 8:38am
hi, pardon me for being newbie here, but where can i get the CII indicator? been searching this whole thread for it.
  • #3,175
  • Oct 7, 2010 9:05am Oct 7, 2010 9:05am
Quoting jag1966
Traded all the way to 1.3962 then 1.4025 using your m5 and m15 HLs Dave.

Hi Jag

I can't for the life of me see where you get 13962 from. Can you help? Thanks! Love your charts by the way!
  • #3,176
  • Edited 10:44am Oct 7, 2010 10:19am | Edited 10:44am
Quoting Delite
Hi Jag

I can't for the life of me see where you get 13962 from. Can you help? Thanks! Love your charts by the way!
Hi,

1.3970 was probably the correct level to use, you can see the price broke that level on the 28th Jan, tried to recover the following day, retested it on the 2nd and 3rd of Feb and then the downtrend resumed.

I hope the chart below helps.
Attached Image (click to enlarge)
Click to Enlarge Name: eu07ss.gif Size: 28 KB
  • #3,177
  • Oct 7, 2010 10:23am Oct 7, 2010 10:23am
Quoting chattyducky
hi, pardon me for being newbie here, but where can i get the CII indicator? been searching this whole thread for it.
Hi Chatty,

it is on Medicis thread, here is the indi

http://www.forexfactory.com/showpost.php?p=3980117
  • #3,178
  • Oct 8, 2010 2:06am Oct 8, 2010 2:06am
Quoting jag1966
Hi,

1.3970 was probably the correct level to use, you can see the price broke that level on the 28th Jan, tried to recover the following day, retested it on the 2nd and 3rd of Feb and then the downtrend resumed.

I hope the chart below helps.

Jag

Thanks! Makes sense. Big doji on daily chart. EU must be due a significant correction soon....
  • #3,179
  • Oct 8, 2010 2:35am Oct 8, 2010 2:35am
Better see some trending action today... not the typical ranging garbage...
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 92 KB
  • #3,180
  • Oct 8, 2010 2:41am Oct 8, 2010 2:41am
oh well looks like the fakeout got me...
2 traders viewing now