Higher low, lower high system | Page 218 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What are Higher High, Higher Low, Lower High and Lower Low? 11 replies

How to program Higher-High Higher-Low 19 replies

Higher High/Higher Low indicator conversion from 4 to 5 decimals. Help anyone? 2 replies

Can u point me to code 2 show each bar with a higher high & higher low? 2 replies

High to High and Low to low time cycles 1 reply

Attachments: Higher low, lower high system
Exit Attachments

Higher low, lower high system

  • #4,341
  • Jun 16, 2011 9:30pm Jun 16, 2011 9:30pm
Notice Extreme pins on DXY and UD INdex.. also notive trading below 8 weighted.. also notice Pin on EU day and trading above on 4 hr 8 weighted .. very close also on Dragon and Cable .. I will be looking to the long side.. from about 1 hr before EURO open..Just my opnion of course..
  • #4,342
  • Edited Jun 17, 2011 3:48am Jun 16, 2011 11:55pm | Edited Jun 17, 2011 3:48am
a.
entry: 1.4189
exit: 1.4167 near pivot

b.
entry: 1.4165 below pivot
exit : 1.4142 near mS1

PS

Vantage,

re. entry a.

I took the break of the m5 candle that confirmed the m5 LH within the last bearish m15 candle at the end of the last h1 candle. however, at the time of break (2 candles later), the last formed m5 candle was green though with a big upper wick.

was this correctly done?
any other comments?

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: 20110617-01-eu.gif Size: 30 KB
  • #4,343
  • Jun 17, 2011 1:11am Jun 17, 2011 1:11am
Three trades on EU yesterday :

Two winners and one BE : +25 pips

Nice trading guys !
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #4,344
  • Jun 17, 2011 2:23am Jun 17, 2011 2:23am
Hi
Had a bit of a late sleep in this am, 1st coffee arrived (Baie Dankie Mrs V) almost feeling human.

bradu
The 1st post can only take 7 attachments and theres almost that already. I have given 2 links near the bottom of 1st post that you can follow to get the rest of the indi's and templates.
Cheers.
I've since seen a link given. Theres another link for an indi. http://www.forexfactory.com/showthre...89#post4680789 for market profile the high vol POC (point of control) lines.

Ian
Nice trade there.

T
Nice trades there. I'll comment on exits later.
  • #4,345
  • Jun 17, 2011 2:44am Jun 17, 2011 2:44am
Good evening Vantage,
Firstly you have a great thread happening here and thank you for your time.
Also You know POC line indy how does that work! and what is the areas that have the Blue spikes mean!
Thank you for your time.

King Pippin

Quoting Vantage
Hi lefteye, nice to see you again. We are well thanks after some flu, no losing trades this month which is great but with the sick leave I think we've only traded 3 days!! Like always though we'll take those blessings whilst we have them!!

POC lines show the highest vol on that day and provide great additional areas. I regard them as a band but it is amazing how they often work almost to the pip. Indi attached.

20 ema, as a nice visual trend reference with the 8 lwma. Mrs V is wanting to go more and more with trend. It could easily be dispensed...
  • #4,346
  • Jun 17, 2011 3:24am Jun 17, 2011 3:24am
Quoting king pippin
Good evening Vantage,
Firstly you have a great thread happening here and thank you for your time.
Also You know POC line indy how does that work! and what is the areas that have the Blue spikes mean!
Thank you for your time.

King Pippin
The blue price histogram on the left of each day is the volume as it has occurred during the day. The brown POC line is the point of highest vol. The histogram shows why I say vol is a band around the highest vol POC line.

I have histo switched off just looking for the POC line.

How does it work, yesterday there was a lot of vol here 6100-ish so that might be turning point (general area) for move up today, had a nice pos close hammer.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 21 KB
  • #4,347
  • Jun 17, 2011 3:43am Jun 17, 2011 3:43am
Quoting Ian
Hi Bradu, try this post.

http://www.forexfactory.com/showthre...86#post4684086

thank you Ian !
  • #4,348
  • Jun 17, 2011 3:50am Jun 17, 2011 3:50am
Just missed this one.

Last 1 hr was negative close but price couldn't push lower. 15 min hammer off yesterday's POC followed by pos close inside bar. 5 min hl above MS1.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m15.gif Size: 21 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m5.gif Size: 18 KB
Follow, don't anticipate.
  • #4,349
  • Jun 17, 2011 3:51am Jun 17, 2011 3:51am
Quoting bradu
thank you Ian !
No problem.
Follow, don't anticipate.
  • #4,350
  • Jun 17, 2011 3:58am Jun 17, 2011 3:58am
Quoting Ian
Just missed this one.

Last 1 hr was negative close but price couldn't push lower. 15 min hammer off yesterday's POC followed by pos close inside bar. 5 min hl above MS1.

Attachment

Attachment
Mmmmh Mrs V is nagging me that I'm posting a bit much lately, also missed it!
  • #4,351
  • Jun 17, 2011 4:07am Jun 17, 2011 4:07am
Quoting Vantage
Mmmmh Mrs V is nagging me that I'm posting a bit much lately, also missed it!
I was reading through some earlier posts!

I had been looking for a lh and when that 9.05 bar closed with a big lower wick came back to the thread not having examined sufficiently that 15 min hammer.
Follow, don't anticipate.
  • #4,352
  • Jun 17, 2011 4:12am Jun 17, 2011 4:12am
Quoting Vantage
The blue price histogram on the left of each day is the volume as it has occurred during the day. The brown POC line is the point of highest vol. The histogram shows why I say vol is a band around the highest vol POC line.

I have histo switched off just looking for the POC line.

How does it work, yesterday there was a lot of vol here 6100-ish so that might be turning point (general area) for move up today, had a nice pos close hammer.
Firstly thanks Vantage,
Can this indy be used on any time frame and also if you look at my picture that I have attached am I correct in what I say!

Many thanks
King Pippin
Attached Image (click to enlarge)
Click to Enlarge Name: poc.gif Size: 25 KB
  • #4,353
  • Jun 17, 2011 4:20am Jun 17, 2011 4:20am
EU sytem trade.

1 hr pos close, 15 min pos close followed by hammer, 5 min hl entry above pivot at 4274, out too early at today's open for +36.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m5.gif Size: 20 KB
Follow, don't anticipate.
  • #4,354
  • Jun 17, 2011 4:27am Jun 17, 2011 4:27am
Exits are a work in progress.
Follow, don't anticipate.
  • #4,355
  • Jun 17, 2011 4:36am Jun 17, 2011 4:36am
Just wanted to share this beauty with you ! Trade off the Daily Pivot. Positive 1H close. Nice (but negative) 15M pinbar off the Daily Pivot line and 5M crossing 8LWMA !

First half closed for + 15 pips.
Second half closed for +51 pips.

ROI 10 % with this sole trade :-) WOW !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: t1eurusd 1h.gif Size: 13 KB
Click to Enlarge Name: t1eurusd 15m.gif Size: 11 KB
Click to Enlarge Name: t1eurusd 5m.gif Size: 10 KB
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #4,356
  • Edited 4:54am Jun 17, 2011 4:37am | Edited 4:54am
Nice trade Ian !!! I have just noticed that you took the same !LOL
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #4,357
  • Jun 17, 2011 6:26am Jun 17, 2011 6:26am
Quoting trzcinek
Nice trade Ian !!! I have just noticed that you took the same !LOL
Thanks, well done for holding on to yours for longer.

Just taken a continuation on EU. 1 hr pos close though with large upper wick. 15 min pos close bounce off MR1/Y high/today open/POC combo which was also high of Asian session, 5 min hl taking out top of previous 1 hr bar. Entry at 4258, stopped at 4274 for +16 when MR2 held.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m5.gif Size: 20 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m15.gif Size: 21 KB
Follow, don't anticipate.
  • #4,358
  • Jun 17, 2011 6:37am Jun 17, 2011 6:37am
Should have tightened up my stop when that 14 pip marubozu failed to follow through (thanks to Islander for that tip) to just below the small red bar under MR2 at about 4284. Would have given an extra +10 on the trade.

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20110617-m5.gif Size: 19 KB
Follow, don't anticipate.
  • #4,359
  • Jun 17, 2011 6:38am Jun 17, 2011 6:38am
Great trade ! I missed this one ...

Which indicator you are using for Market Profile and what are the settings ?

I can see your POC lines were giving nice support levels in both those trades.
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #4,360
  • Jun 17, 2011 6:43am Jun 17, 2011 6:43am
Quoting trzcinek
Great trade ! I missed this one ...

Which indicator you are using for Market Profile and what are the settings ?

I can see your POC lines were giving nice support levels in both those trades.
Same one as Vantage posted here, standard settings.

http://www.forexfactory.com/showthre...89#post4680789
Follow, don't anticipate.
1 trader viewing now