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Flag trading the trend

  • #2,681
  • Apr 5, 2011 10:35am Apr 5, 2011 10:35am
went to navigator clicked on rsi, dragged it to ret. indicator ........nothing happened??
Quoting d4n
Hi Joel...
Put the retracement indi on your chart then open up your indicator navigator, click on rsi and drag and drop it on top of the ret indi.
hope that makes sense, let me know if it doesnt and i can just give you the template.
  • #2,682
  • Apr 5, 2011 10:40am Apr 5, 2011 10:40am
Quoting Joel
went to navigator clicked on rsi, dragged it to ret. indicator ........nothing happened??
hmmmm... very strange. Try the template, obviously you need the indi i posted a few posts back aswell.
Attached File(s)
File Type: tpl flag.tpl   2 KB | 604 downloads
  • #2,683
  • Apr 5, 2011 11:05am Apr 5, 2011 11:05am
Quoting d4n
Who's making money?????

I hope at least half of you got a piece if this
Yeah, I'm starting to think these divergence 123 trades may be even more reliable than the trend trades. There's another one setting up now but late in the session.
  • #2,684
  • Apr 5, 2011 11:21am Apr 5, 2011 11:21am
Hi All

this is the latest version of the divergence finder, this contains no new functionality however fixes some problems people experienced that were broker/MT4 version specific (minimum build requirement of MT4 is 226)

(Help|About will tell you the build number of your MT4 installation).

Regards
John
Attached File(s)
File Type: ex4 !Divergence Finder v2.ex4   30 KB | 800 downloads
  • #2,685
  • Edited 11:42am Apr 5, 2011 11:35am | Edited 11:42am
Quoting jmw1970
Hi All

this is the latest version of the divergence finder, this contains no new functionality however fixes some problems people experienced that were broker/MT4 version specific (minimum build requirement of MT4 is 226)

(Help|About will tell you the build number of your MT4 installation).

Regards
John
++++++++++++++++++++++++++++++++

Hey John. Thanks again.

I have the second version that you gave us. It works much better than the 1st version.

• The first one I had would draw way too many lines.

• The second one I loaded drew only one line for each incident of divergence. However I had to refresh (open indie settings and close) to update divergence lines. That is on fxdd.

Anxious to load newest version. Thanks!
  • #2,686
  • Apr 5, 2011 12:49pm Apr 5, 2011 12:49pm
Shooter, see post #2621 and #2650. You need to give Diamonddbw some information...

Quoting Shooter150
Succesfull traders ,pls how can i watch the vedio of webminar.. If somebody can explain me the way to watch them i will be really appreciate... !! Thank you ..
  • #2,687
  • Apr 5, 2011 1:39pm Apr 5, 2011 1:39pm
Thanks for the answer Brapp. Now i just need the password as i understand.. When i see Diamond online i will send him my email .. .
Thanks again for the replay. Enjoy your trading and make money ...!!!!!
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #2,688
  • Apr 5, 2011 5:59pm Apr 5, 2011 5:59pm
Very annoying cable went down didnt get connected till afternoon because of the major winds last night probably knocked it out nice setups today RATS!
  • #2,689
  • Apr 5, 2011 6:03pm Apr 5, 2011 6:03pm
Quoting jmw1970
Hi All

this is the latest version of the divergence finder, this contains no new functionality however fixes some problems people experienced that were broker/MT4 version specific (minimum build requirement of MT4 is 226)

(Help|About will tell you the build number of your MT4 installation).

Regards
John
Thanks John..I had the same problem as diamonddbw, using a different broker.
Looks like a refresh issue. This update may fix?
We all see the same dream, just from different viewpoints
  • #2,690
  • Apr 5, 2011 6:37pm Apr 5, 2011 6:37pm
Quoting jmw1970
Hi All

this is the latest version of the divergence finder, this contains no new functionality however fixes some problems people experienced that were broker/MT4 version specific (minimum build requirement of MT4 is 226)

(Help|About will tell you the build number of your MT4 installation).

Regards
John
++++++++++++++++++++++++++++++++

Hey John. Refresh is still an issue.

Don't even worry about it. (See Icon Above, ) What you have provided to us is a great addition and hugh help, just the way it is. The only reason I mention this is so you have feedback.
Thanks..
  • #2,691
  • Apr 5, 2011 6:51pm Apr 5, 2011 6:51pm
Quoting Divergence
Very annoying cable went down didnt get connected till afternoon because of the major winds last night probably knocked it out nice setups today RATS!
++++++++++++++++++++++++++++++++

I heard about the weather in your neighborhood. A friend in Tennessee has 2 garages (one is underground) but weather came up so quickly she sought refuge in her closet 3 times.
  • #2,692
  • Apr 5, 2011 6:54pm Apr 5, 2011 6:54pm
Did anyone else get this 123 with divergence?

I bailed early when price began to bounce around 120.95. Was only a 9 pip trade anyway.

Watching for price to retrace in direction of trend now.
Attached Image
  • #2,693
  • Apr 5, 2011 7:03pm Apr 5, 2011 7:03pm
Hi Diamond
No my chart does not show div, my 1 shows lower than where your div starts.
  • #2,694
  • Apr 5, 2011 7:23pm Apr 5, 2011 7:23pm
First I took this to the ground floor and then back up to the Penthouse.

Red=Stop
White=Entry
Green, well, Green
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 3.png Size: 32 KB
  • #2,695
  • Apr 5, 2011 7:28pm Apr 5, 2011 7:28pm
Attached Image (click to enlarge)
Click to Enlarge Name: Forex 4.5.2011 USDYEN.JPG Size: 93 KB


Long the USD YEN @ 85.070.. Which may have been 1 candle too late.. but the previous really did not cross the MA even though I had CCI above 50 85.050 was resistance / now support.. will see??
  • #2,696
  • Apr 5, 2011 7:32pm Apr 5, 2011 7:32pm
Quoting TraderinSD
Attachment

Long the USD YEN @ 85.070.. Which may have been 1 candle too late.. but the previous really did not cross the MA even though I had CCI above 50 85.050 was resistance / now support.. will see??
The Set-Up bar is the the one to the left of your green arrow. The first one where the CCI is above 50. The entry bar is the one where you did enter. I don't believe you are one bar too late. Those are the set-up requirements. Set-up bar meets the entry requirements and then the entry bar hits 1 pip above or below the set-up bar appropriately.

Did you try and enter on the bar that is not BLUE? The set-up bar will be blue and the entry bar will be also for up-trend on your chart colors.
  • #2,697
  • Apr 5, 2011 7:36pm Apr 5, 2011 7:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: Forex USDYEN 4.5.2011.JPG Size: 103 KB


Target on this long 85.240 .. Next resistance level.. Got the bounce off support and the MA.. still looking good .. Should see a pop through the 85.11 area..
  • #2,698
  • Apr 5, 2011 7:37pm Apr 5, 2011 7:37pm
Quoting TraderinSD
Attachment

Long the USD YEN @ 85.070.. Which may have been 1 candle too late.. but the previous really did not cross the MA even though I had CCI above 50 85.050 was resistance / now support.. will see??
++++++++++++++++++++++++++++++++

SD are you using 10 sma Median Price (HL/2)? The reason I ask is your 10 sma looks to be at least a full pip higher than mine. Could be enough to mess you up on some trades. Or, it might just be the difference in brokers.
Attached Image
  • #2,699
  • Apr 5, 2011 7:38pm Apr 5, 2011 7:38pm
Looks like the 85.11 -12 will be the bump along the road.. Looking left we see a nice little ledge that created this resistance area.. mmm?.. Maybr another retest of the 85.050 before we more on.. will see??
  • #2,700
  • Apr 5, 2011 7:47pm Apr 5, 2011 7:47pm
Quoting TraderinSD
Looks like the 85.11 -12 will be the bump along the road.. Looking left we see a nice little ledge that created this resistance area.. mmm?.. Maybr another retest of the 85.050 before we more on.. will see??
++++++++++++++++++++++++++++++++

Am showing a 4 bar negative divergence on this trade. It does still look bullish. One of the things Div said is that when he is in a trade and divergence shows up, he will usually close out the trade.

Tough call on this one. U/J is up 100 since open of US session, and we all know how this pair can fly... sometimes.
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