Kevinator 5m retracement-Live trading

Hi,
I see that your 5-minute trading style is profitable for you. I am currently looking into it. However, I am checking how to get the 15-minute chart to work with my system. I hope you don't mind. I also use the TMA (the non-repaint version).

Have you tried your system in 15 min? What is your insight on higher TF?

Thanks again.

Forexforex

Glad that was the answer.

Whilst I have my set currencies to trade, every now and then I pull up a "foreign" currency so had to work out how to replace the snake with a step. You just expect charts to load in the time frame you're examining...............it's just another way the universe makes sure you're paying attention to detail in my view ( lol ).

It's five and a half years since I had posted on a forum. I only used FF for the calendar but scanned what topics were listed as the top threads. The name caught my attention (maybe in sympathy with our deposed former PM). Thie thread was relatively new but boy, has it caught my attention. I'm so glad I took the time to read it.

Many thanks Kevin.It's a wonderful system.


Di

hello, somebody can tell me if mt trendline repeat
very very googs metod kavin ajaja i love you

Hi All

as I am trying to scan as many possible low spread pairs as possible (and often from my laptop so SMALL screen!!) I have re-written and improved the alerting capabilities.

In this version it is also easier to see the last step (up/down) for both stochs as this is displayed as text at the left of the indicator.

There are 2 indicators required:-

TMA Called - this just needs to be in your indicators folders - DO NOT add it to your chart

!Kevinator - this replaces the color stochastics indicators being used for 1 & 4 hr, both are in the same indicator

The defaults should be fine as specified by what Kevinator uses.

The only parameters you need to worry about are

a) if you use a different CCI period than 8
b) how stringent you want the MOM trades to be

By default a possible MOM trade will be alerted for long if:-

Both stochs are stepping up
CCI is now above 0 and was previously below 0
Current price is below the mid line

(reverse obviously for short)

If you wish to be less stringent with MOM trades (ie, for strong trending markets when price doesnt always retrace back to the opposite band)
you can set the parameter xb_MOM.Mid to false

then the price needs only to have retraced to the upper line for long trades, lower line for short trades

A possible long scalp trade will be alerted if:-

Hourly stoch is stepping up
CCI is now above 0 and was previously below 0
Current price is below the mid line

(reverse obviously for short)

Trade signals are based on the current bar to give the earliest possible indication, just because a signal is given within a bar doesn't mean that by the time the bar ends the signal is still valid.

NOTE:- an alert is a poor substitute for scanning the charts manually, but sometimes can be helpful

Regards
John

Trade Entry AUD/JPY Short

Hi jhon, can you post a chart whit this indis to compare whit mine, Thank you.

this is what my GU chart looks like at the moment (ignore the blocked out part)

Thanks for the indicator updates..John

hello traders specially DEAR KEVIN
thx for your awesome method . i follow all comments from the first topic till now and i figure out nobody has a specific strategy in closing the positions . i wanna to know anybody have a specific method or indicator that use to exit in right time with most pips gain ?

Takes experience.

Run with us for a week and you will have seen what the market is capable of and will have a better idea of your tp.

This morning we were focusing on MOM trades and some traders were holding their positions and now sit far on top of the hill if you look at the current Eurusd chart and look back 8 hrs.

Some traders are going top of TMA to bottom of TMA and exit...waiting for another setup.

It is up to you to manage your money.It is up to us to put you on better trade setups.

I have been resting for a while and noticed that there were many trade setups during the last 7hrs.If you folllowed the system you should have been wildly successful.

While we are waiting for the market to pull back into another trade setup lets do a little excercise.

at first thanks to Kevinator, who shared his system here.

i have read your system rule, but until now, i still can't figure out, what is the function of double cci woody indicator...?
and is there a possibility to use kevinator to trade gold/silver?
i used to use Fibonacci, elliot wave, and candle stick pattern to trade gold/silver, but recently the result is not good.
May you have spare time to answer my question.

Tq

MOM= MOMentum

240 or 4hr mtf stoch will determine direction.

When price hits TMA band in the opposite direction of the current 4hr mtf stoch price will reverse with a energy release in the direction of the 4Hr mtf stoch.

Price surge, pull back, energy release. Price surge, pull back, energy release.

That is 160 pips on this pair in last 8 hrs alone.

Any questions or comments?

Hi kevin,

Firstly,thanks for your system,i have been quietly following along with a few demo trades,all profitable,but i will start posting very soon with my live trades..

Just a qiuck question regards the TMA,are the setting default coz i find my tma is sometimes very narrow.

Thanks again,keep up the great work

Hello traders,

is my first trade using this system so i would like to know your opinion on the setup.

I enter on the close of the momentum bar that broke the previous lows and set my TP on the round 62000 number (a bit earlier at 62055 just for being sure with the spread).

I have to wait 3 hours for the stochastics (1h and 4h) to point in the same direction.

How do you see this setup?

Try setting 45 on TMA.

Thanks for your system! Currently testing it.

Is there already an alert for possible entry. If someone already made the alert setup, please repost it. I really appreciate it.

forexforex

Get the new indicators from post #765.

That is exactly right. You only need to follow the 4h mtf stoch for trend direction.

We are working on long positions this week.

60m stoch is for short trades +10 ,+20, AFTER you have made the MOM trades of the day.240 is for the big account numbers 60M is for extra money trades.