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Price Action Trading with Indicators! The Freebie System

  • #1,621
  • Apr 7, 2011 12:17am Apr 7, 2011 12:17am
trying this one...

long NZDUSD
Attached Image (click to enlarge)
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  • #1,622
  • Apr 7, 2011 1:54am Apr 7, 2011 1:54am
GUYS! Trade with the HIGHER TF TREND! Your meeting the other rules but you are not looking at a higher TF to see which way price is HEADING!

Just Take the 3 extra seconds to look and it will HELP...and dont rush into trades...if you miss an enter OH WELL.......WAIT for a new signal!
  • #1,623
  • Apr 7, 2011 2:15am Apr 7, 2011 2:15am
Quoting Dredding82
GUYS! Trade with the HIGHER TF TREND! Your meeting the other rules but you are not looking at a higher TF to see which way price is HEADING!

Just Take the 3 extra seconds to look and it will HELP...and dont rush into trades...if you miss an enter OH WELL.......WAIT for a new signal!
I know this my sound like a crazy question to ask but when you say trade with the higher timeframe do you mean that we should wait for the Stochs to cross down and a red ha candle to form on the 1 hr chart before we try to take a sell trade or signal on the 15 minute and vice versa for a buy entry.
  • #1,624
  • Apr 7, 2011 2:33am Apr 7, 2011 2:33am
Quoting Checkz
I know this my sound like a crazy question to ask but when you say trade with the higher timeframe do you mean that we should wait for the Stochs to cross down and a red ha candle to form on the 1 hr chart before we try to take a sell trade or signal on the 15 minute and vice versa for a buy entry.

i have the same question too i've been trying to stay strictly on one TF to prevent my self from "hunting" for opportunities

thanks in advance...
  • #1,625
  • Apr 7, 2011 2:42am Apr 7, 2011 2:42am
Quoting Checkz
I know this my sound like a crazy question to ask but when you say trade with the higher timeframe do you mean that we should wait for the Stochs to cross down and a red ha candle to form on the 1 hr chart before we try to take a sell trade or signal on the 15 minute and vice versa for a buy entry.
Look at the COLOR of the HA and where the STOCH is....
  • #1,626
  • Apr 7, 2011 2:52am Apr 7, 2011 2:52am
Quoting neuron
i have the same question too i've been trying to stay strictly on one TF to prevent my self from "hunting" for opportunities

thanks in advance...
Its good to just watch one TF but you need to know what way price is heading....if you cant see just by the Higher highs and lower lows then use the Color and stoch of a higher TF...atleast 2 TFs higher...So if trading on the M15 look at the H1 and so on....15 goes into 60 4 times.....
  • #1,627
  • Apr 7, 2011 3:34am Apr 7, 2011 3:34am
Quoting neuron
trying this one...

long NZDUSD
got lucky with this one, ~11 pips (closed 1st position at 1 pip and re-entered @ fresh semafor for 10 more)*, put me thru quite the roller coaster... next time def keepin an eye on higher TF for trend

*in retrospect probably a greedy move or just need to think a little longer before entering
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  • #1,628
  • Edited 3:57am Apr 7, 2011 3:44am | Edited 3:57am
Ok well since i am not getting any replys on the other threads i started for when i need help i guess i need to ask here....if anyone is a GOOD coder or knows more then me(everyone might lol) please PM me i need help getting the OHLC-HA indicator working right....

I just need to get the indicator to draw the candles(main chart) like the HA candles(subwindow) and need to add

If (haOpen=haClose)=top&⊥....??? that why if the open and close of that candle are the same it will draw a line for the open/close instead of no line
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  • #1,629
  • Apr 7, 2011 4:49am Apr 7, 2011 4:49am
I know someone but hes not been well this last week, ill find it out if he is available

ST
" Dont wait for your boat to come in ..... swim out and meet it"
  • #1,630
  • Apr 7, 2011 4:50am Apr 7, 2011 4:50am
Quoting speedtrip
I know someone but hes not been well this last week, ill find it out if he is available

ST
Ok...thanks...I have asked a few people i know but i hate waiting around not knowing if they will make the indicator work...so i ask and ask till i get something working right
  • #1,631
  • Apr 7, 2011 4:58am Apr 7, 2011 4:58am
Hi Dredding82

great system you have here have just got onto it this morn and already 2 winning trades simple and straight fwd thanks for sharing
  • #1,632
  • Apr 7, 2011 5:13am Apr 7, 2011 5:13am
Quoting ptla
Hi Dredding82

great system you have here have just got onto it this morn and already 2 winning trades simple and straight fwd thanks for sharing
by the way i am short aud looking good too
  • #1,633
  • Apr 7, 2011 8:42am Apr 7, 2011 8:42am
Dredding82,

I am the code Speedtrip mentioned. I can't PM you as my membership status isn't high enough. If you can PM me we can discuss your requirements.

Art
  • #1,634
  • Edited 10:37am Apr 7, 2011 9:49am | Edited 10:37am
You boys better get ready!!!! Japan just got hit with another quake!! 7.4!! Come on centerl banks! Make that usd sky rocket! Lol


which MEANS THERE GONNA get another HUGE WAVE! Well there should be.....

In other words..........SELL THE CRAP OUTTA JPY!! lol (buy usdjpy after the DIP.....NOT SELL)
  • #1,635
  • Apr 7, 2011 9:59am Apr 7, 2011 9:59am
AND NO!!! its not an AFTERSHOCK! its a NEW Quake in a different part of Japan!
  • #1,636
  • Apr 7, 2011 10:34am Apr 7, 2011 10:34am
Wont the carry trade unwind, strengthen the Yen, the Aus $ should suffer also.
  • #1,637
  • Apr 7, 2011 11:14am Apr 7, 2011 11:14am
Do you carry trade? is that part of my system? NO! so i dont care about people using the JPY for carry trades lol
  • #1,638
  • Apr 7, 2011 12:53pm Apr 7, 2011 12:53pm
very small ranges today with daily Pp and support and resistance levels very close

However

£$ +19
short from 1.6307 TP 1.6269
£/Yen +40 +16 +15 possible short setting up failed at daily


P
  • #1,639
  • Edited 7:41pm Apr 7, 2011 6:00pm | Edited 7:41pm
Ok guys if you downloaded the #OHLC-HA DELETE that one you have and use this one....it works properly. When you load it on the chart just keep the regular candles on your chart and make sure you have chart overlay UNchecked so that you see the OHLC-HA candles on TOP of the regular candles....For candle were the open=close it will not draw a line that is why you need your regular candles and it repaints some candles bars back on the previous day but ONLY AFTER it drew it right when the candle was formed and closed,but those are the only bugs i see so far. If you see anything wrong PLEASE PM me about it.

**NOTE: The circled candles is where it redraws**
Attached Image (click to enlarge)
Click to Enlarge Name: eurom5.jpg Size: 93 KB
Attached File(s)
File Type: tpl freebie newbie pa.tpl   12 KB | 613 downloads
File Type: mq4 #OHLC - HA.mq4   4 KB | 543 downloads
  • #1,640
  • Apr 7, 2011 7:17pm Apr 7, 2011 7:17pm
Quoting Paulus
very small ranges today with daily Pp and support and resistance levels very close

However

£$ +19
short from 1.6307 TP 1.6269
£/Yen +40 +16 +15 possible short setting up failed at daily


P
Great job Paulus! made a few trades but was trying to get the OHLC indicator working...thankful someone fixed it for me lol
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