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Attachments: Price Action Trading with Indicators! The Freebie System
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Price Action Trading with Indicators! The Freebie System

  • #2,881
  • Jun 13, 2011 9:44am Jun 13, 2011 9:44am
ive barely had a chance to look at charts today as too much going on

hope to get on tomorrow

ST
" Dont wait for your boat to come in ..... swim out and meet it"
  • #2,882
  • Edited 10:36am Jun 13, 2011 10:26am | Edited 10:36am
Hi Guys...


Here is a MTF Heikien Ashi histogram. There are 2 parts "A" and "B". Drag part "A" onto your chart and then drag part "B" right on top of part "A".

This indicator will show you the current TF and the 3 higher TFs above the current one. For example 5, 15, 30 and 60.

Now the thing that I am not sure about is the settings. I have left them as I downloaded them and if you compare Paulus's 5M histo with this 5M histo they will be different but I like the idea of being able to see the higher TFs histos on the 5 M chart.

Maybe some programmer type can take a look at the code and figure out the settings and explain them to us.

PS: You may need to load the last 3 indicators in your indicator folder to make the RAD HAS part "A" and part "B" work.
Attached File(s)
File Type: mq4 Rads MTF HAS Bar A.mq4   9 KB | 552 downloads
File Type: mq4 Rads MTF HAS Bar B.mq4   7 KB | 621 downloads
File Type: mq4 Rads HAS.mq4   4 KB | 529 downloads
File Type: mq4 Rads HAS Ext.mq4   3 KB | 559 downloads
File Type: mq4 Heiken_Ashi_Smoothed.mq4   4 KB | 515 downloads
  • #2,883
  • Jun 13, 2011 10:47am Jun 13, 2011 10:47am
update

EU = No trades
AU = -5% and short from 1.0567
GU = +11% and short from 1.6300
UC = +15% and long from 0.9774

ROC = 21%

Cheers

Paulus
  • #2,884
  • Jun 13, 2011 11:16am Jun 13, 2011 11:16am
Any chance of charts please, Paulus.
  • #2,885
  • Jun 13, 2011 11:33am Jun 13, 2011 11:33am
Quoting neil324
Any chance of charts please, Paulus.
Sure
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu no trade.gif Size: 27 KB
Click to Enlarge Name: au 1 open.gif Size: 29 KB
Click to Enlarge Name: gu 1 open.gif Size: 27 KB
Click to Enlarge Name: uc 1 open.gif Size: 29 KB
  • #2,886
  • Jun 13, 2011 12:09pm Jun 13, 2011 12:09pm
Quoting ozziedave
Hi Guys...


Here is a MTF Heikien Ashi histogram. There are 2 parts "A" and "B". Drag part "A" onto your chart and then drag part "B" right on top of part "A".

This indicator will show you the current TF and the 3 higher TFs above the current one. For example 5, 15, 30 and 60.

Now the thing that I am not sure about is the settings. I have left them as I downloaded them and if you compare Paulus's 5M histo with this 5M histo they will be different but I like the idea of being able to see the higher TFs histos on the 5 M chart....
Hi Dave

Is this one different than MTF ha histo that is in the attatchments in this thread? I think it pretty much does the same stuff? Could you post a chart?
  • #2,887
  • Jun 13, 2011 12:17pm Jun 13, 2011 12:17pm
Quoting Paulus
update

EU = No trades
AU = -5% and short from 1.0567
GU = +11% and short from 1.6300
UC = +15% and long from 0.9774

ROC = 21%

Cheers

Paulus

Closed AU for 15%..

Others still running

ROC 36%
Attached Image (click to enlarge)
Click to Enlarge Name: au 15%.gif Size: 29 KB
  • #2,888
  • Jun 13, 2011 1:17pm Jun 13, 2011 1:17pm
Quoting Paulus
Closed AU for 15%..

Others still running

ROC 36%
Minus 5% GU

was sitting on +13 on UC but very strong pull back and no in minus but still open SL not hit yet

ROC 31%
  • #2,889
  • Jun 13, 2011 2:56pm Jun 13, 2011 2:56pm
My only trade today +50 on G/J.
  • #2,890
  • Jun 13, 2011 5:42pm Jun 13, 2011 5:42pm
Quoting ozziedave
Hi Guys...


Here is a MTF Heikien Ashi histogram. There are 2 parts "A" and "B". Drag part "A" onto your chart and then drag part "B" right on top of part "A".

This indicator will show you the current TF and the 3 higher TFs above the current one. For example 5, 15, 30 and 60.

Now the thing that I am not sure about is the settings. I have left them as I downloaded them and if you compare Paulus's 5M histo with this 5M histo they will be different but I like the idea of being able to see the higher TFs histos on the 5 M chart....
If you click the attachments on the thread there is already a MTF HA indicator that will show you the current HA color along with 3 other TFs..if you know MQL you can change what periods you see in the code it self
  • #2,891
  • Jun 13, 2011 6:28pm Jun 13, 2011 6:28pm
Quoting Dredding82
If you click the attachments on the thread there is already a MTF HA indicator that will show you the current HA color along with 3 other TFs..if you know MQL you can change what periods you see in the code it self
Sorry Guys...

Didn't realise there already was a MTF HAS on the thread.
  • #2,892
  • Jun 13, 2011 11:32pm Jun 13, 2011 11:32pm
Quick question:
when trading D1, do you confirm on higher TF, which would be W1 or do you use any other style?
Any input would be appreciated, I'm going through thread, so far page #89.
Thx
  • #2,893
  • Jun 14, 2011 12:04am Jun 14, 2011 12:04am
Quoting Paulus
Sure
Paulus. one question. what keep you not to open short trade on fifth bar since london open ? USD/CAD thanks
  • #2,894
  • Jun 14, 2011 12:53am Jun 14, 2011 12:53am
Quoting piphat
Paulus. one question. what keep you not to open short trade on fifth bar since london open ? USD/CAD thanks
Let me guess

because there's a red line (L4?) below

so the RR is not good enough

while the next long trade, it failed both the red line and P line ,

am I right ? Paulus
  • #2,895
  • Jun 14, 2011 12:55am Jun 14, 2011 12:55am
Quoting morris1
Quick question:
when trading D1, do you confirm on higher TF, which would be W1 or do you use any other style?
Any input would be appreciated, I'm going through thread, so far page #89.
Thx
I think you should also check M1 if trading D1. Just an opinion.
  • #2,896
  • Edited 3:30am Jun 14, 2011 1:52am | Edited 3:30am
Quoting frontline141
Let me guess

because there's a red line (L4?) below

so the RR is not good enough

while the next long trade, it failed both the red line and P line ,

am I right ? Paulus
Well the signal on the long was on the pinbar not the long bullish candle, so you still had the pivot straight ahead.

He always takes a signal and if the next pivot is to close making the RR less than 1:1 he pushes the TP past the next pivot and caps at 1:1.

So both were valid signals but he took the second and went for a RR of 1:3.

Maybe he started late??

Interested in what he says.
  • #2,897
  • Jun 14, 2011 7:53am Jun 14, 2011 7:53am
Exploring news trading a la Dredd (posts from last week or so). G/J stopped at tp +60, G/U stopped at be. My two trades for the day so far. News seem to go & blow with the trend depending on which way it is? Stops are a bit problematic. During NFP last friday SL should have been around 70 pips and thats a bit much. Not so much on every news though.
  • #2,898
  • Jun 14, 2011 10:14am Jun 14, 2011 10:14am
Quoting neil324
Well the signal on the long was on the pinbar not the long bullish candle, so you still had the pivot straight ahead.

He always takes a signal and if the next pivot is to close making the RR less than 1:1 he pushes the TP past the next pivot and caps at 1:1.

So both were valid signals but he took the second and went for a RR of 1:3.

Maybe he started late??

Interested in what he says.
This was not a valid signal as the pivot line was not breached,the signal was given on an up bar that stayed above the pivot line

P
Attached Image (click to enlarge)
Click to Enlarge Name: short.jpg Size: 81 KB
  • #2,899
  • Jun 14, 2011 11:38am Jun 14, 2011 11:38am
Hi @ll,

I'm new in this thread and tried this system, nice one!

I hope I'm right with the rules...

01: EUR/USD short = +18,9 pips
02: EUR/USD long = +13,2 pips
03: EUR/USD short = +9,9 pips
Total = +42 pips

Thank you,

dynel14
Attached Image (click to enlarge)
Click to Enlarge Name: 20110614- trade01-03- eurusd- semifor.jpg Size: 141 KB
  • #2,900
  • Jun 14, 2011 1:33pm Jun 14, 2011 1:33pm
Quoting Paulus
This was not a valid signal as the pivot line was not breached,the signal was given on an up bar that stayed above the pivot line

P
thanks Paulus. now got it.
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