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Price Action Trading with Indicators! The Freebie System

  • #801
  • Jan 27, 2011 8:03am Jan 27, 2011 8:03am
Quoting Dredding82
explain why you took that trade....
Yes please I don't see any resistance above R3 on my fib pivot indicator.
  • #802
  • Jan 27, 2011 8:05am Jan 27, 2011 8:05am
Quoting prof8t
What is it exactly that you want the EA to do?

Im trying to make is so that once stoch is crossed and HA confirms it will send a signal...you will have to check the confirm trade so that it will not trade unless you confirm it failed at a pivot...i think it might help all the newbies so all they have to do is see if there was a fail at a pivot
  • #803
  • Edited 8:23am Jan 27, 2011 8:12am | Edited 8:23am
Quoting prof8t
Ok... it looks like you used the buffers associated with the open and close of a candle (buffers 3 & 4). When programming HA candles, you will want to use the buffers associated with the high and low of the candles. Examining both the data window and the code, the high and low buffers look like buffers 1 and 2.

So... for a green HA candle buffer 2 needs to be greater than buffer 1, and vice versa for a red HA candle.
can you change it in the code and repost it....i get what your saying but like i said i dont code lol and dont know jack about it really i did get a HA that had an alert and thats what the used for a new candle so i thought it would work also
  • #804
  • Jan 27, 2011 8:13am Jan 27, 2011 8:13am
Quoting Dredding82
explain why you took that trade....

Got carried away by the huge range.
  • #805
  • Jan 27, 2011 8:23am Jan 27, 2011 8:23am
missed this one had gone to catch a snooze
Quoting Dredding82
I hope you caught these power moves off the GBP report....you would have just tripled what you made earlier!
Bay The earth is the Lord's and the fullness thereoff.
  • #806
  • Jan 27, 2011 8:25am Jan 27, 2011 8:25am
Quoting Dredding82
can you change it in the code and repost it....i get what your saying but like i said i dont code lol and dont know jack about it really

Tell you what... I'll bang out an EA real quick like. I have a HA that works better in my little "crutch" EA program since I don't know enough to write the code properly. One thing I have been told is that HA code can be written improperly making it hard to program. Give me a few...
  • #807
  • Jan 27, 2011 8:30am Jan 27, 2011 8:30am
Quoting prof8t
Tell you what... I'll bang out an EA real quick like. I have a HA that works better in my little "crutch" EA program since I don't know enough to write the code properly. One thing I have been told is that HA code can be written improperly making it hard to program. Give me a few...
Ok ....you show me yours and ill show you mine....lol i think i have it done but gotta test it
  • #808
  • Jan 27, 2011 8:31am Jan 27, 2011 8:31am
Quoting Shanexx
Got carried away by the huge range.
It'S not related to this system but if you look at the daily chart, I'd say EUR/JPY will start a big downtrend. TherE's a 3 semafor and you got 3 lower highs forming almost an exact trendline with today's high.

I'm in for the long run, SL at 114.35, TP at 109.10 (middle of shi channel)
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy longrun.jpg Size: 252 KB
  • #809
  • Jan 27, 2011 8:39am Jan 27, 2011 8:39am
hey rohule, i see you use the 5M for the trigger and 15M for conformation. does that work better than the 15M and 1H timeframes for you?
  • #810
  • Jan 27, 2011 8:47am Jan 27, 2011 8:47am
sell sig on GBP/USD against the trend tho
Bay The earth is the Lord's and the fullness thereoff.
  • #811
  • Jan 27, 2011 9:17am Jan 27, 2011 9:17am
Quoting bayana2020
sell sig on GBP/USD against the trend tho
Why? I got a buy signal. Rejectio (though a bit late) of R1 fib pivot and a 3 on M5. I'm also using Shi Channel for extra confirmation and M5 has the 3 semafor bouncing right off of it.

Yes Shi channel is repainting but just ask Dred what's his opinion on repainting indicators lol

BTW it's up 5 pips for now and looking good.

EDIT: SOrry I didn't look at H1 you're right looks like it might reverse and drop. I did exit with 10 pips though
  • #812
  • Jan 27, 2011 9:19am Jan 27, 2011 9:19am
Quoting gogoprovost
Why? I got a buy signal. Rejectio (though a bit late) of R1 fib pivot and a 3 on M5. I'm also using Shi Channel for extra confirmation and M5 has the 3 semafor bouncing right off of it.

Yes Shi channel is repainting but just ask Dred what's his opinion on repainting indicators lol

BTW it's up 5 pips for now and looking good.
He was saying there was a possible sell but it is against the trend so it would not be a good trade...your long is with the trend...PIPS PIPS PIPS!!

I LOVE REPAINTING INDICATORS!!!!!
  • #813
  • Jan 27, 2011 9:25am Jan 27, 2011 9:25am
snap shot in and out with +15pips as it was against the trend.

Quoting gogoprovost
Why? I got a buy signal. Rejectio (though a bit late) of R1 fib pivot and a 3 on M5. I'm also using Shi Channel for extra confirmation and M5 has the 3 semafor bouncing right off of it.

Yes Shi channel is repainting but just ask Dred what's his opinion on repainting indicators lol

BTW it's up 5 pips for now and looking good.

EDIT: SOrry I didn't look at H1 you're right looks like it might reverse and drop. I did exit with 10 pips though
Bay The earth is the Lord's and the fullness thereoff.
  • #814
  • Jan 27, 2011 9:26am Jan 27, 2011 9:26am
Quoting gogoprovost
Why? I got a buy signal. Rejectio (though a bit late) of R1 fib pivot and a 3 on M5. I'm also using Shi Channel for extra confirmation and M5 has the 3 semafor bouncing right off of it.

Yes Shi channel is repainting but just ask Dred what's his opinion on repainting indicators lol

BTW it's up 5 pips for now and looking good.

EDIT: SOrry I didn't look at H1 you're right looks like it might reverse and drop. I did exit with 10 pips though
H1 is not a vaild sell yet due to the candle is not closed...you were right to buy....the trend in my eyes is up on gbpusd higher highs higher lows....
  • #815
  • Jan 27, 2011 9:28am Jan 27, 2011 9:28am
fib R2 is close by that may be a problem
possible buy sig developing on this pair.
Bay The earth is the Lord's and the fullness thereoff.
  • #816
  • Jan 27, 2011 9:32am Jan 27, 2011 9:32am
Watch out for USD/CAD possible buy

I love how this system works if you follow the rules and are not greedy the Win/Lose ratio is so high it's ridiculous
  • #817
  • Jan 27, 2011 9:33am Jan 27, 2011 9:33am
Quoting prof8t
What timeframe is this on? I'm assuming 15m? Looks like the EUR/JPY is currently sitting well above all the Fib levels. Where is your failed resistance level? I'm showing R3 at 113.325 and price is well above that.

@prof8t...i just realised i have a differrent pivot indi, from everyone lol! i have the newbie template from the first post, threw in the first pivot indi i could find and went to work!( im still waiting for dredding to send me the indis!!)

But it doesnt matter, what maters is you follow ALL the rulles and you will be GOLDEN!! FOLLOW THE FOUR RULES AND CONFIRM TREND ON H1! for instance H1 on EUR/JPY is overbought and stoch crossed down...possible start of down trend...(which means we may have jumped on the mother ship!) im currently on BE +2 and you could let the trade develop until you see the next 3 semaphore.(always BE - its your kevlar vest!)

take profit at the next fib pivot where price stalls and what you would have sir.....is a confirmed headshot right between the eyes
  • #818
  • Jan 27, 2011 9:34am Jan 27, 2011 9:34am
Quoting gogoprovost
Watch out for USD/CAD possible buy

I love how this system works if you follow the rules and are not greedy the Win/Lose ration is so high it's ridiculous

SHHHHH!!!!!! All the Haters are going to come back!!
  • #819
  • Jan 27, 2011 9:42am Jan 27, 2011 9:42am
i think Im over trading now. will call it a day. Thanks @Dred keep up with the good work.
later
Bay The earth is the Lord's and the fullness thereoff.
  • #820
  • Jan 27, 2011 9:44am Jan 27, 2011 9:44am
Quoting bayana2020
i think Im over trading now. will call it a day. Thanks @Dred keep up with the good work.
later
Have a good day bayana! Hope you made the pips you wanted today!
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