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Price Action Trading with Indicators! The Freebie System

  • #4,141
  • Jul 30, 2011 10:09pm Jul 30, 2011 10:09pm
Quoting Udine
You're welcome.

I have copied all his posts on my palm, so when I have to wait a momen I read that stuff. Simply brilliant.

Udine
If your a righty i hope you wrote it on your left palm...if not it will be gone before the weekends end........LMAO (jk with ya) LMAO
  • #4,142
  • Jul 30, 2011 10:17pm Jul 30, 2011 10:17pm
Last post of the night...i have single stripper mothers i need to go support.....LMAO! But for all the HATERS.........."LOOK AT ME NOW!"

http://www.youtube.com/watch?v=JDOCpKyKnYM&feature=related
  • #4,143
  • Jul 30, 2011 10:20pm Jul 30, 2011 10:20pm
Ok i lied...one more! "Keep Your Head UP" & " I Tried So Hard" Give till you think you have nothing left to give then give 10% more...you will make it in the end if you read, listen and learn!

http://www.youtube.com/watch?v=rFeHZCzaxZ4
http://www.youtube.com/watch?v=dgQRCcb6lB0&feature=related
  • #4,144
  • Jul 30, 2011 10:27pm Jul 30, 2011 10:27pm
Oh...BTW...like i said I AM ALWAYS ON HERE....i see who really is reading the thread or checking on the post....so people stop the BS PMs saying you have read the thread then asking a BS! QUESTION! lol
  • #4,145
  • Jul 30, 2011 10:41pm Jul 30, 2011 10:41pm
hi Dredding and all, here a good song for the Traders

http://www.youtube.com/watch?v=NxRpeakKfwg&feature=related

enjoy

cheers
  • #4,146
  • Jul 30, 2011 10:48pm Jul 30, 2011 10:48pm
And for who that care my IQ is 120-140 and i wont quote higher LMAO! SO in simple terms...IF I WANT I GET!
  • #4,147
  • Jul 30, 2011 10:49pm Jul 30, 2011 10:49pm
Quoting punisher
hi Dredding and all, here a good song for the Traders

http://www.youtube.com/watch?v=NxRpeakKfwg&feature=related

enjoy

cheers
If i could only take it to the clubs with me right now! LMAO
  • #4,148
  • Jul 30, 2011 11:12pm Jul 30, 2011 11:12pm
Quoting Dredding82
If your a righty i hope you wrote it on your left palm...if not it will be gone before the weekends end........LMAO (jk with ya) LMAO



Udine
Sleep less, live fast, as it aint gonna last
  • #4,149
  • Jul 30, 2011 11:22pm Jul 30, 2011 11:22pm
Quoting gmcc
Udine's post 4124 will be skipped over by many on this thread but if one will take time and read some of the info. there it can be eye opening. For years I did not accept much of this type teaching but the older I get the better I understand it and realize the truth held within. I now believe that our minds control our success or failure. Yes a minimal amount of acquired skill is necessary but without the mind believing and visualizing that success one has little chance of achieving it. The turtle system proved that anyone can be trained to methodically...
Hi Gmcc,

you' re welcome. there are plenty great posts on this forum. During the weekend I try to make some time and read some material, as I want to increasy my bankaccount, I need to continue learning.

Green pips.

Udine
Sleep less, live fast, as it aint gonna last
  • #4,150
  • Jul 31, 2011 3:26am Jul 31, 2011 3:26am
Quoting Dredding82
I wore them out...duh! lol So now they are resting and i am catching up on emails.
  • #4,151
  • Jul 31, 2011 4:21pm Jul 31, 2011 4:21pm
Hello to all,

I'm a trader from Italy. Working as computer engineer but involved in naked Price Action research by some time. I think it's the only way to win in the market. I have my strategy that I fine-tuning every day with help of my pattern matching - self developed - programs (aid me in day trading).

I liked the simplicity of the Dredding system (Thanks to sharing your knowledge!) and make me very curious in order to simplify the complexity (apparently?) of the PA with this idea: some indicators and the good HA candles. So I decided to use a bit of my time for fully test this strategy, planning to develop a fully functional EA with all the rules read in the first post... and in a tons of reply (fiuuu, hardly to read all )

In the meantime, I've developed one of the crucial indicators for the Dredding strategy: a Pivots indicator that I called "JPrivotsPRO".
I know that we have a lot of this around, but effectively non ones satisfy all needs and trading styles. Also, many of these are lacking in calculations, orrible code, and so on...
Since this is one of the key component of the strategy, I tought to make something to more efficiente and robust (at least I think ).
Pivots calculations involve many variables: the open/close time, data feed, time zone of the broker, which sometimes aren't very significant and other times will change completely the vision of the market. Obviously, this depend on the market conditions.

After these findings and observations I've decided to develop JPP (JPivotsPRO), with the following features (fully configurables):

 

  1. Calc and drawing of all Pivots family:

    1. Classic 1 ("Floor Pivots", most populars)
    2. Classic 2 (small popular changes)
    3. Mid Points (calculated on Classic 1 or 2)
    4. Fibonacci main levels
    5. Camarilla 1 (most populars on specialized sites and free calculators around internet)
    6. Camarilla 2 (in some forums says that is the "secret camarilla equation"... you don't believe )
    7. Camarilla 3 (less populars - some other sources)
    8. Woodie (popular alternative to the Classic ones)
    9. De Mark's (High/Low levels from Tom De Mark)

  2. Each pivots family can be calculated at a specified session market (the session you are confortable):

    1. Open/Close at Broker midnight (server that provide the data feed)
    2. Open/Close at GMT midnight (the market session of the european area)
    3. Open/Close at EST midnight (popular market session)
    4. Open/Close at 5PM EST (traditional NY close)

  3. Many choices for level drawing on the chart

    1. Orizontal lines
    2. Right margin lines
    3. Lines in the interval of the current market session (best choice for me...)

  4. Hystorical calculations

    1. All pivots can be calculated at specified date by the user. Useful for studing past trading session.

  5. Obviously, all colors levels are configurables


The properties window of the indicator self explains all the configuration options (as listed above).

*** You make sure to specify the Borker GMT time, if you plan to calc levels at specified session time (different from default Broker midnight) ***

This is intended as a small gift for the Dredding strategy and all this community, pending the development on a fullly EA that include all the features and rules of the strategy.

I hope you enjoy them.

Good trading to all! And thanks again to Dredding, like many others who spends his time to share their knowledge for the benefit of all.

P.S. If someone is interested in the source code of the indicator, can send me a PM.

Attached File(s)
File Type: ex4 JPivotsPRO_1.0.0.ex4   24 KB | 572 downloads
  • #4,152
  • Jul 31, 2011 8:16pm Jul 31, 2011 8:16pm
Aud/Usd is producing some nice pips and it's Sunday. Already moved my stop to breakeven with a 90 pip profit
  • #4,153
  • Jul 31, 2011 9:22pm Jul 31, 2011 9:22pm
Quoting Checkz
Aud/Usd is producing some nice pips and it's Sunday. Already moved my stop to breakeven with a 90 pip profit
Hopefully thats a sign for a profitable week!
Damn The Torpedoes, Full Speed Ahead!
  • #4,154
  • Edited Aug 1, 2011 1:13am Jul 31, 2011 11:49pm | Edited Aug 1, 2011 1:13am
hello everyone
Took these trades

http://i1178.photobucket.com/albums/...f?t=1312174035
http://i1178.photobucket.com/albums/...f?t=1312175029
http://i1178.photobucket.com/albums/...cadjpy8_01.gif

moving stop to BE after being 75 pips in profit in total
aiming infinity yield lol!!
  • #4,155
  • Aug 1, 2011 1:25am Aug 1, 2011 1:25am
Quoting pradeep22
hello everyone
Took these trades

moving stop to BE after being 75 pips in profit in total
aiming infinity yield lol!!
it is beyond my talent to hold for infinity yield
closing all trades

http://i1178.photobucket.com/albums/...f?t=1312179766
http://i1178.photobucket.com/albums/...usdchf8_01.gif
http://i1178.photobucket.com/albums/...usdjpy8_01.gif
  • #4,156
  • Aug 1, 2011 1:32am Aug 1, 2011 1:32am
Good morning all and green pips.

Pradeep: you're early... Done for the day ??

Udine
Sleep less, live fast, as it aint gonna last
  • #4,157
  • Aug 1, 2011 1:37am Aug 1, 2011 1:37am
Quoting Udine
Good morning all and green pips.

Pradeep: you're early... Done for the day ??

Udine
No udine..
will be taking all the signals as and when i can..
actually i want to move to long term trading and hold positions for long time..
but just cant do it..
trying.. hope will get there someday
  • #4,158
  • Aug 1, 2011 1:48am Aug 1, 2011 1:48am
Quoting pradeep22
No udine..
will be taking all the signals as and when i can..
actually i want to move to long term trading and hold positions for long time..
but just cant do it..
trying.. hope will get there someday
To make it easier for yourself, decrease lotsize to the minimum keep trailing the stop with something like ETrailing (attached). So you dont have to worry anymore.

As soon as your trade is in profit with a trailstop you can forget the trade as it is a free trade and you can scan for the next set up.

Udine
Attached File(s)
File Type: ex4 e-Trailing.ex4   3 KB | 473 downloads
File Type: mq4 e-Trailing.mq4   3 KB | 561 downloads
Sleep less, live fast, as it aint gonna last
  • #4,159
  • Aug 1, 2011 1:49am Aug 1, 2011 1:49am
Market is going to punish me for being over enthusiastic!!

http://i1178.photobucket.com/albums/...f?t=1312181184
  • #4,160
  • Aug 1, 2011 1:58am Aug 1, 2011 1:58am
Quoting pradeep22
Market is going to punish me for being over enthusiastic!!

http://i1178.photobucket.com/albums/...f?t=1312181184

Why dont you wait for a break out of the signal bar, before entering ?? The break out of the signal bars shows you have momentum on your side, so you have a higher probability of success.

Udine
Sleep less, live fast, as it aint gonna last
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