Kevinator 5m retracement-Live trading

Hi

I am new to MT4 and would like to try Kelvinators 5Min system. At this time I do not know how to install the zipped files into MT4. Can anybody give me a little help.

Many thanks
Nut

Hi Nut

Welcome to forex.

You might take some time and look at several videos on youtube.

Here's one for installing indicators into MT4



Di

could someone please confirm the values of the indicators to make sure im seeing what u guyss r seeing

Many thanks Duffy job sorted

Regards
Nut

P.Dean i notice you online, is there anything u can see settting up??

im trying to get the hang of this, and some live posts from you would be great if u have time

Still holding.. where's kevin??

Hi

Following on from my earlier post I now have the indicators installed, however I seem to be missing the trading channels, are these channels included with the downloads or something else.

Thanks
Nut

no my friend not much at the moment.. but about 2hrs ago when pa made a bit of a move, across on most pairs there were good setups for short trades which I was having lunch at that time.
but if i see anything i will Live play it or give heads up..


to everyone..
by the way i really enjoyed your activity on the exercise i put up..
scanning the signals is a key part of this system.. I can scan like mother fucker.. this was to help you all out..

nice job...

hell if you can hold like this you don't need Kevin..

next time show your trade from the get go please..

i must be too eager then, i done about 8 trades in the last 2 hours, mixture of results.

EURUSD - Buy

as the 4hr stoch has only just turned will treat as a scalp (Band2Band) for now and will reevaluate on how the PA reacts at the upper band

The indicators you require are on page 57, about half way down.
or click on the paper clip on the right hand side of this page and you can find them there.

rgds Aj1

interesting because my stochs havent done a step up yet?

am i missing something?

Hi Nut

You are missing the TMA indicator and the last updates were posted by jmw1970 on Page 83 of the thread in Post # 1244

Di

looking at the EUR and AUS at the moment, they look most likely to signal something, and Eur/Jpy.

not necessarily, different brokers have different 4hr start times, you can only trade what you see on your chart

thanks can u also say what i should be looking for regarding indis, coz im still finding it hard to spot setups

I am looking for the price to go to the upper band, the stoch on 1hr 4hr are still signalling a short, then wait for the RF to signal a short.

Hope this helps
Aj1

I don't know how much of the thread you have read.

There are 2 different systems in this thread, one for scalping using,among other things, the 1hr stochastic and the other being momentum trading using the 4 hr stoch.

There are Rules for the system attached to the first post in the thread. Furthermore, if you go to page 83 Post # 1235 you will see Kevin's run down on the momentum trading.

There are numerous examples throughout the thread on both systems.

One of the things I don't think you recognise as yet is that people may have their 4 hour time period starting at different times to other thread contributors because of the different brokers chart feed times. This can give opposing stochastic signals compared to some, so you have to decide which charts you want to use. There are oodles of brokers out there from where you can get demo MT4 charts. I use Go Markets (Aust), Alpari and Interbank. There first two have the same 4 hour period, the last starts the 4 hour period 2 hours later. So you have to find what you can live with.

John (jmw1970) recently posted a chart for a scalp trade. His Ultra Stochastic Color 30 min indicator is something with which I am not familiar, so I have no idea why he is using that instead of the Kevinator indicator. He is however, a generous contributor to this thread and may enlighten us as to his reasoning.

I hope this helps.


Di

AJ1 and duffy, thank you both for your comments, helping alot, i understand the eur usd potential trade that might be coming, so regarding that trade would you short on close of a down rf bar or would you sell as soon as the down rf bar appears during that 5 min period? many thanks for your help

as of typing the eur usd has reached the top of the tma, now waiting upon downwards rf bar as stochs signalling short. so only other thing i need to know is the above wait for close or sell as soon as bar goes down on rf