Old Dog Fib Trading - EURUSD | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Old Dog with New Tricks 1,056 replies

Old Dog's Taming of the Beast? 34 replies

The Big Dog Trading Secret 272 replies

Old Dog Fib Trading - EA Development 18 replies

Trading The Big Dog Pack ..howllll 26 replies

Attachments: Old Dog Fib Trading - EURUSD
Exit Attachments

Old Dog Fib Trading - EURUSD

  • #221
  • Oct 7, 2010 8:50am Oct 7, 2010 8:50am
This is why we are here with all you dear and clear explanations.

We are looking forward for these simple breakout lines.

I believe old dogs previous calculations do work but they are quite different from the new one


Thanks OD
  • #222
  • Oct 7, 2010 9:57am Oct 7, 2010 9:57am
Getting the case has been reviewed here so who came from the beginning has a fair idea of how everything happens. From facilities that are now friends developers are seeking to facilitate the process.
Very grateful to all who make this segment continue. Success!
  • #223
  • Oct 7, 2010 10:17am Oct 7, 2010 10:17am
Hi everybody
Take a look at Gold applying the indicator. It is impressive how lines have been respected. Great job!!
  • #224
  • Oct 7, 2010 10:25am Oct 7, 2010 10:25am
Guys

Here is an update of the previous chart.

Look how precisely the market respects these lines. They are accurate to the pip.

And remember, we drew these lines on the chart last Friday night!

Regards

Old Dog
Attached Image (click to enlarge)
Click to Enlarge Name: Oct7_EU_2.JPG Size: 26 KB
  • #225
  • Oct 7, 2010 10:26am Oct 7, 2010 10:26am
Amazing work guys.

@CanuckCT Im not a coder, but if you need help with any "grinding" work let me (us) know..
  • #226
  • Oct 7, 2010 10:55am Oct 7, 2010 10:55am
I have Abonacci templates and Indy on my screen in some of

them I forgot to change PIP Range, on some have different BaseLine,

And they all "work" there is always a line, when price stops and you

can scream: "Wow it's working". I think it's total BS.

OD, can you tell me how you draw those line, you said last Friday?

Simply scroll left and Identify those support resistance area based

on Historic events? That's how I'm doing recently.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #227
  • Oct 7, 2010 11:31am Oct 7, 2010 11:31am
Quoting Old_Dog
Guys

Here is an update of the previous chart.

Look how precisely the market respects these lines. They are accurate to the pip.

And remember, we drew these lines on the chart last Friday night!

Regards

Old Dog
Good work, looks like you may be onto something special!
  • #228
  • Oct 7, 2010 12:04pm Oct 7, 2010 12:04pm
Quoting Old_Dog
Guys

Here is an update of the previous chart.

Look how precisely the market respects these lines. They are accurate to the pip.

And remember, we drew these lines on the chart last Friday night!

Regards

Old Dog

I think it is safe to say, us manual traders are drooling............
  • #229
  • Oct 7, 2010 12:14pm Oct 7, 2010 12:14pm
Quoting leemonk
I think it is safe to say, us manual traders are drooling............
Christmas may be early this year!
  • #230
  • Oct 7, 2010 1:06pm Oct 7, 2010 1:06pm
Personal opinion, I believe that both the identification of pivo and phase values are most important to this method, from there follow the established rules.
But it still did not understand the OD, the lines he draws are different from those provided by standard fibo
  • #231
  • Oct 7, 2010 1:33pm Oct 7, 2010 1:33pm
Quoting neltonbenke
But it still did not understand the OD, the lines he draws are different from those provided by standard fibo
I think what OD is trying to explain is that the needed lines can be drawn by any trader without any special tools, indicators, fibs etc. You just have to draw the lines at the levels where price has found support and/or resistance. The only tools that you need are: 1) your eyes; 2) your understanding of the market.
It has, of course, nothing to do with the initial system. But it is far more promising than messy charts full of yellow, blue and white lines.
  • #232
  • Oct 7, 2010 1:34pm Oct 7, 2010 1:34pm
Quoting SkyzerFX
I have Abonacci templates and Indy on my screen in some of

them I forgot to change PIP Range, on some have different BaseLine,

And they all "work" there is always a line, when price stops and you

can scream: "Wow it's working". I think it's total BS.

OD, can you tell me how you draw those line, you said last Friday?

Simply scroll left and Identify those support resistance area based

on Historic events? That's how I'm doing recently.
Guys,

Hats off to Skyzer! He has as good as cracked my system.

Yes, I compute some Fib lines etc.

But then I look back into the past to see which lines coincide with interesting PA on the H4, Daily and Weekly charts.

Then I throw all the others away.

Truth to tell, I hardly need the computations now. I have been doing this for so long, I can just look at the W1/D1/H4 charts and draw the lines on by hand...http://cdn.forexfactory.com/images/s.../yim/happy.gif

Sorry there isn't a "magic quantum physics formula" we can code in an indy!

Regards

Old Dog

Edit:
(1) Indrek posted the same moment. He understands!
(2) But you do need a bit of experience for this. While you are getting it, trade the Squalou/Guru indicators. They are very good as CanuckCT has tabulated.
  • #233
  • Oct 7, 2010 2:19pm Oct 7, 2010 2:19pm
Hello OD

Thanks for your support, I appreciate your experience to confirm there is no magic formula as you said, But can you tell me what fibs you draw as a preparation for next day to draw these lines and what did you look up and found for resistence and support can you provide a chart with an example so that learners like us can just follow your method. We dont need any formula but a simple, single consistent method to follow which creates less losses and more profits.

Can you kindly explain how you created this line 1.3779 and next line as TP 1.3939 to make 160 pips yesterday if it is just using a simple resistence/support and fibs?

Thanks
Adler
  • #234
  • Oct 7, 2010 2:42pm Oct 7, 2010 2:42pm
Squalou,

Here is an indicator that I wrote based of of the matrix math provided in the i-reg indicator found in MQ4 CodeBase.

Take a look at the code and it may be of use in the matrix math regression calculations that have been mentioned earlier.

The chart shows a cubic regression curve with 2 StdDevs shown.

Regards, KingHigh
Attached Image (click to enlarge)
Click to Enlarge Name: nlev regr indi.gif Size: 22 KB
Attached File(s)
File Type: mq4 KH NLev-Regr CurveFit v2.mq4   13 KB | 443 downloads
  • #235
  • Edited 4:11pm Oct 7, 2010 3:03pm | Edited 4:11pm
here's a version (1.3) that will draw the Phases on any pair.

You can still display the BO/TP zones, but remember that they were targetted to EU specifically, so don't expect anything from using them on other pairs...
until we get the least square multiple ilnear regression matrix thingie sorted out

You can also display the original Aebab phases on EU and GU by setting AutoCalcPhases to false;


ukcool, here you go for GJ...

EDIT: go to my next post below to get the 1.4...


SQ
  • #236
  • Oct 7, 2010 3:06pm Oct 7, 2010 3:06pm
guys i think old dog and canu are working on the new concept which i belive really promising .. i belive soon enouf they will share with us..
OD i like the approach of having 7 lines in chart weekly basis and have nothing on the chart..
  • #237
  • Edited 4:44pm Oct 7, 2010 4:10pm | Edited 4:44pm
This one will display additional Phase levels below lowest/above highest price, so you can use those for future forcasting.

that one is for Leemonk

SQ
Attached File(s)
File Type: ex4 sqAbonacciOldDogLevels-indi.ex4   20 KB | 794 downloads
File Type: mq4 sqAbonacciOldDogLevels-indi.mq4   27 KB | 1,023 downloads
  • #238
  • Oct 7, 2010 4:48pm Oct 7, 2010 4:48pm
Quoting Old_Dog
But then I look back into the past to see which lines coincide with interesting PA on the H4, Daily and Weekly charts.
Then I throw all the others away.
Thank you for confirmation, master

Cheers,

Sky.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #239
  • Oct 7, 2010 4:49pm Oct 7, 2010 4:49pm
Quoting KingHigh
Squalou,

Here is an indicator that I wrote based of of the matrix math provided in the i-reg indicator found in MQ4 CodeBase.

Take a look at the code and it may be of use in the matrix math regression calculations that have been mentioned earlier.

The chart shows a cubic regression curve with 2 StdDevs shown.

Regards, KingHigh

thanks for that highking.
will have a look...

I found a Kalman Filter implementation in mql4 codebase:
http://forum.mql4.com/6496
it has all kinds of matrix transform functions in it... nice!
Kalman filters are also known for their predictive capabilities.


SQ
  • #240
  • Oct 7, 2010 4:56pm Oct 7, 2010 4:56pm
Hi Squalou,
On the link you provided I clicked the link to the downloads page, and got a "Forbidden" message saying "you don't have permission to access....."
Anyway, is it an indicator or codes,..etc. I don't know how to write/adjust indicators.
Thaks,

Quoting squalou
thanks for that highking.
will have a look...

I found a Kalman Filter implementation in mql4 codebase:
http://forum.mql4.com/6496
it has all kinds of matrix transform functions in it... nice!
Kalman filters are also known for their predictive capabilities.


SQ
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
0 traders viewing now