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  • #1,221
  • Sep 10, 2011 10:18am Sep 10, 2011 10:18am
Squalou, I didn't realize you were shooting for that, so it wasn't part of my mental calculations. But let me make sure I understand...

Are you saying that if the TF setting is set to a hard number (e.g., M1), then any (and all) CZ's painted on the M1 chart should then also show up on any higher TF as you click higher and higher up the TF scale in addition to the CZ's found naturally on the higher TF? Or that all H4 objects should translate downwards all the way to M1, in addition to all the CZ's found naturally on the lower time frames in between?

Is this the idea?

If it is, then I think it would be best to only allow lower TF objects to show up on higher, but not the other way around. I think I can see how the condensed painted zones from a lower TF showing up on a higher one could possibly act like an S/R line, but that's about it. Otherwise, I think we're setting ourselves up for massive confusion later on when no one's charts look anything alike.
To improve is to change. To perfect, is to change often.
  • #1,222
  • Sep 10, 2011 10:28am Sep 10, 2011 10:28am
Quoting Nicastro
Hi FXhard and Squalou

....I see that in the thread there is mention of an EA in the course of construction. May I ask how close we are getting to this EA?

It seems to me that the EA is the missing link....
Nicastro and Everyone: Squalou and I are working on the EA behind the scenes. But these things are very complicated and they take much more time to build than anyone realizes. After coding comes testing, and we are not yet in the testing phase, if that gives you any idea.
To improve is to change. To perfect, is to change often.
  • #1,223
  • Sep 10, 2011 10:46am Sep 10, 2011 10:46am
Quote
Are you saying that if the TF setting is set to a hard number (e.g., M1), then any (and all) CZ's painted on the M1 chart should then also show up on any higher TF as you click higher and higher up the TF scale in addition to the CZ's found naturally on the higher TF? Or that all H4 objects should translate downwards all the way to M1, in addition to all the CZ's found naturally on the lower time frames in between?

not exactly: the BoxTimeFrame sets the TF on which the indi looks for CZ;
This should be independent from the charts TF.
The indi will only look for CZ of the BoxTimeFrame input, not the ones for the chart's TF.
Unless you set BoxTimeFrame to 0, which means "search CZ on the current chart's TF".
Example:
BoxLength =24, BoxTimeFrame =0:
chart TF=M15: => this would be eaquivalent to 24 / 15
chart TF=H1: => this would be eaquivalent to 24 / 60

But with BoxLength =24, BoxTimeFrame =15:
chart TF=M15 or M30 or H1 or M1 should NOT make any difference: both should show the 24/15 CZ boxes only.

I think it's more consistent like this.

Sq
  • #1,224
  • Sep 10, 2011 10:56am Sep 10, 2011 10:56am
OK, I get it now. Ex: The chart I'm looking at is H4, but the indi is set for M15. So even though I am watching H4, the only CZ's I will see there are the CZ's that have formed according to the M15 parameters. I won't see any H4 CZ's at all.

Is this correct?
To improve is to change. To perfect, is to change often.
  • #1,225
  • Sep 10, 2011 11:05am Sep 10, 2011 11:05am
Quoting forexhard
OK, I get it now. Ex: The chart I'm looking at is H4, but the indi is set for M15. So even though I am watching H4, the only CZ's I will see there are the CZ's that have formed according to the M15 parameters. I won't see any H4 CZ's at all.

Is this correct?
absolutely.
  • #1,226
  • Sep 10, 2011 12:08pm Sep 10, 2011 12:08pm
As the original system was based on 15M I think this is what you Guys must stick to and ignore anything else, if someone wants to try a different timeframe then it is at their peril and you should not try and answer their problems, plan the trade and trade the plan (M15)
  • #1,227
  • Sep 10, 2011 12:11pm Sep 10, 2011 12:11pm
Hi!

Thanks a lot for this great System and this Indi! I like the 5min TF (Indi set 5min) and add the CCI as Filter.

This works perfect:
(GBP/USD 5min. last Friday)

http://www.webview24.com/gbpusd.gif
www.forexfire.de
  • #1,228
  • Sep 10, 2011 6:51pm Sep 10, 2011 6:51pm
Migturo, the only reason you experienced a "false entry" was because you were on the M5. On M15 (shown here) all you would have seen was a perfect breakout to the south.

Pure price action only. No outside filters needed.

Everyone: Notice how my candles are all the same color now. Hopefully this will end any discussion over candle color or candle direction, etc. There's no need to complicate the discussion. The system is simple and effective, and let's all work to keep it that way.
Attached Image
To improve is to change. To perfect, is to change often.
  • #1,229
  • Sep 10, 2011 9:21pm Sep 10, 2011 9:21pm
Quoting Migturo
Hi!

Thanks a lot for this great System and this Indi! I like the 5min TF (Indi set 5min) and add the CCI as Filter.

This works perfect:
(GBP/USD 5min. last Friday)
hmmm, i know he says GU but this chart is EU.....
Think Outside the Box.....
  • #1,230
  • Sep 10, 2011 9:36pm Sep 10, 2011 9:36pm
whatever you think but i trade the last week on live and i had some wrong signals and the cci works for me as good filter.

But sorry i do not want to disturb you. Your System works of course perfectly...
www.forexfire.de
  • #1,231
  • Sep 10, 2011 9:47pm Sep 10, 2011 9:47pm
Right you are! And E/U looks just as good on M15, if not better.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 52 KB
To improve is to change. To perfect, is to change often.
  • #1,232
  • Sep 10, 2011 10:00pm Sep 10, 2011 10:00pm
Indeed. And i'm glad you posted your eu...I needed a look at another chart to compare to mine....perfect

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 27 KB
Think Outside the Box.....
  • #1,233
  • Sep 10, 2011 10:11pm Sep 10, 2011 10:11pm
Better, Refresh and Clear.....
Thanks FxH.....

http://i600.photobucket.com/albums/t...ectExample.jpg
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #1,234
  • Sep 10, 2011 10:50pm Sep 10, 2011 10:50pm
Quoting Migturo
whatever you think....But sorry i do not want to disturb you. Your System works of course perfectly...
Nice mix of bad English, bad attitude, and new FF identity. Khizer, is that you? It sure sounds like you.
To improve is to change. To perfect, is to change often.
  • #1,235
  • Sep 11, 2011 2:27am Sep 11, 2011 2:27am
Quoting forexhard
Nicastro and Everyone: Squalou and I are working on the EA behind the scenes. But these things are very complicated and they take much more time to build than anyone realizes. After coding comes testing, and we are not yet in the testing phase, if that gives you any idea.

Hi FXHard
Thank you for this insight. I'll leave you guys toget on with it undisturbed. I'll keep stum!

Nicastro
  • #1,236
  • Sep 11, 2011 2:33am Sep 11, 2011 2:33am
For your respect I never post message from Friday. But here you are making fun of me. English fluency is not a standard of literacy and ability. It's not my mother tongue.

It's your misunderstanding if you feel: You are better than other nations because of your mother tongue.

This person from Germany and I am from Pakistan.


Quoting forexhard
Nice mix of bad English, bad attitude, and new FF identity. Khizer, is that you? It sure sounds like you.
Trade what you see, Not what you think.
  • #1,237
  • Sep 11, 2011 2:54am Sep 11, 2011 2:54am
Khizer, I am not your typical American. I have been to 25 countries and I speak 4 languages. I treat everyone equally, no matter where they are from. It doesn't bother me at all that you are Pakistani. What does bother me, is that you create a copycat thread about MY system, and you still demand that I respect you. You need to get your priorities straight my friend, and decide to become a helpful person around here, or just more of a dead weight.
To improve is to change. To perfect, is to change often.
  • #1,238
  • Edited 6:49am Sep 11, 2011 6:21am | Edited 6:49am
Excuse me, where are the indicators on my charts. It is pure price action, I do not use indicators, so please thiink about your comments before you post. The only difference on my charts are horizontal lines instead of boxes.

I have not recommended any other system or strategy to forexhard's method, I trade the same way.

If you notice forexhard has placed two boudry lines on one of his chart to highlite those breakout zones.

What I have posted only serves to support the excellent simple strategy of forexhard.

Once Again: no indicators on my chart and nothing added to forexhard's system.

All the best.

DELETED THE CHARTS.
  • #1,239
  • Edited 1:37pm Sep 11, 2011 12:41pm | Edited 1:37pm
Wow, Qwert, I'd think you'd make an excellent body guard! I love your energy, but dead bodies are hell to clean up, OK?

Dave1, I read you loud and clear on what you had posted. Always happy to find another pure price action trader. Question: Are you using any of my techniques at all, or is that even too much intervention for you?

Everyone: OK, the new week is almost here. Let me hear back about your plans and goals this week. I think we have a strong enough core Stairstep group by now who know the rules and how to follow them, that we can start helping each other with trading plans, and so on. It's time to step up and start acting like a specialized trading community, not just relying on the OP (<--- that's me) to do all the heavy lifting. If this is your system... if this is how you are banking pips... if this is where you see your trading future... then I expect you to start acting like it, same as me. The ground work has been laid, people. This is what we have been working towards, a single supportive unit -- not just a bunch of independant and competitive loners. No more lurking, and no more baby steps. Let's get this train moving!

FxH
To improve is to change. To perfect, is to change often.
  • #1,240
  • Sep 11, 2011 1:20pm Sep 11, 2011 1:20pm
Lol, not dead yet. Yep, been using your technique forexhard, low drawdown, good results. My charts only differ in one respect to yours in that I have the MT4 grid on show which provides me with additional visual levels of s/r or turning points. No indicators. I still use the box at levels as you point out.

As you already know hardforex, it's all about training the eye to recognise those consolidation formations, then taking the breakouts.

All the best
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