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  • #441
  • Nov 21, 2011 2:24am Nov 21, 2011 2:24am
Quoting joancb
Here's any reentry setup on eurjpy, anyone took that?
i saw it, never got triggered didnt move the required amount to trigger
  • #442
  • Nov 21, 2011 2:25am Nov 21, 2011 2:25am
Quoting Awin
alright, just to clear things up, you mean to say that if it's tuesday onwards, we wouldn't have this problem at all? all our charts would look exactly the same?


thanks!
probably way before tuesday, as things iron out and and ma's get longer and more average and start erasing the sunday movements
  • #443
  • Nov 21, 2011 2:26am Nov 21, 2011 2:26am
Quoting joancb
Here's any reentry setup on eurjpy, anyone took that?
I haven't got a down arrow for re-entry where you have one.
  • #444
  • Nov 21, 2011 2:28am Nov 21, 2011 2:28am
Quoting deankenny21
probably way before tuesday, as things iron out and and ma's get longer and more average and start erasing the sunday movements
alright! thank you sir! well explained!

In GOD We TRUST !!! "REPETITION is the mother of all SKILLS." -Bo Sanchez
  • #445
  • Nov 21, 2011 2:30am Nov 21, 2011 2:30am
Quoting yamez
Whoops! GBPUSD is still mentioned in the 1.2 ver PDF though..

"Pair I tested: EURUSD, AUDUSD and EURJPY (GBPUSD) "

"GBPUSD: SL is 15 pips TP is 15 pips, NO adjustment here."
Thats correct gbpusd is still in mauall.
But please go to page 1 and read first post, all what is typed in blue.

Peter
  • #446
  • Nov 21, 2011 2:30am Nov 21, 2011 2:30am
Quoting joancb
Here's any reentry setup on eurjpy, anyone took that?
I think the MACD has to be red for a short, correct?
"Be the change that you wish to see in the world." --Gandhi
  • #447
  • Nov 21, 2011 2:31am Nov 21, 2011 2:31am
Quoting Wally1953
I think the MACD has to be red for a short, correct?
no can be any colour
  • #448
  • Nov 21, 2011 2:32am Nov 21, 2011 2:32am
Hi good folks. I need some help with two problems, one major and the other minor.
Firstly. I had no trouble setting up the 10 minute chart from the very clear instructions posted on this thread. The only problem is that is stays as an offline chart and does not update. I closed it down and then went to play with it again later and all I get is "Waiting for an update". So the question is, how do I kick it into life? Where is the starter button?
Secondly. All the posted charts show the wicks and the bodies of the Supertrend candles as the one colour, i.e. they are all red or all green. But on my chart the Supertrend is only colouring the body while the wicks stay their original colour.
Cheers,
Bob
  • #449
  • Nov 21, 2011 2:33am Nov 21, 2011 2:33am
What if you get a white arrow to re-enter a trade but the MACD is going the opposite way? Do you wait for MACD to line up and then enter or you do not enter at all?
thanks
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  • #450
  • Nov 21, 2011 2:34am Nov 21, 2011 2:34am
Quoting ohammond
I haven't got a down arrow for re-entry where you have one.
same with me! but, as what mr. dean explained and dave pointed out, it's a candle where the MA crosses didn't last one candle, so mr. dean said it's not a good signal candle anyway so, it's probably best not to take it....
In GOD We TRUST !!! "REPETITION is the mother of all SKILLS." -Bo Sanchez
  • #451
  • Nov 21, 2011 2:35am Nov 21, 2011 2:35am
Quoting ohammond
I haven't got a down arrow for re-entry where you have one.
it is curious, after restarting MT4 terminal in another computer (same broker) the arrow disappeared.
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  • #452
  • Nov 21, 2011 2:38am Nov 21, 2011 2:38am
Quoting Awin
Hello to all!

Congratulations to everyone here for contributing on this thread.

Most especially to PETER for unselfishly sharing his knowledge and coming up with this great system!

To deankenny for tirelessly testing this system, man your a great asset to the FOREX world!

And to Gilab and Aztrader for helping peter with version 2...guys all of you rock!

I do have a question though, I have attached my chart on the EURUSD, I'm wondering why I did not have the white arrow come out on the same candle like the one posted...
I think its about data feed from broker, that can give different pictures.
But if you read rules you dont need a white arrow to take the trade.

As I see it its legalbsignal when candles is red and MACD below zero.

The white arrows is meant to be some reentry signal, when the marked is really trending,

Hope it helps a bit

Peter
  • #453
  • Nov 21, 2011 2:38am Nov 21, 2011 2:38am
Quoting bobha
Hi good folks. I need some help with two problems, one major and the other minor.
Firstly. I had no trouble setting up the 10 minute chart from the very clear instructions posted on this thread. The only problem is that is stays as an offline chart and does not update. I closed it down and then went to play with it again later and all I get is "Waiting for an update". So the question is, how do I kick it into life? Where is the starter button?
Secondly. All the posted charts show the wicks and the bodies of the Supertrend candles as the...
1-Be sure that you market allow dll imports when attaching the indicators in the online charts.
2-Try change view mode from candlesticks to line or to bars
  • #454
  • Nov 21, 2011 2:39am Nov 21, 2011 2:39am
Quoting mazingaz
What if you get a white arrow to re-enter a trade but the MACD is going the opposite way? Do you wait for MACD to line up and then enter or you do not enter at all?
thanks
stick to the simple rules! if its printed below, that is all
  • #455
  • Nov 21, 2011 2:39am Nov 21, 2011 2:39am
Quoting joancb
Here's any reentry setup on eurjpy, anyone took that?
I may be wrong but I think ALL the rules must still be in place for a reentry.....

and that includes:

"We need to see a down histobar clearly printed below the yellow line on MACD"

I think a down histobar is not just a bar below the yellow line but a red bar below the yellow line?

EDIT: just seen Peter's reply...if he says it's OK then that's fine. I think the document needs a bit more clarity in this area though.
Thanks for sharing Peter.

In terms of the data differences you're seeing in MT4 - I've learned to take MT4 data with a pinch of salt. From years of watching MT4 against my FXCM broker charts I can tell you that the candles often differ by quite a margin. I think the problem is it pauses sometimes and misses the last ticks of a bar, making the closed bar look quite different. Even if you refresh the data it never corrects the discrepency.

Not saying all broker feeds behave the same but just something to be aware of.

My MT4 is driven from FXCM data by the way.
  • #456
  • Nov 21, 2011 2:40am Nov 21, 2011 2:40am
Quoting joancb
it is curious, after restarting MT4 terminal in another computer (same broker) the arrow disappeared.
joan please keep up, we r in monday, some brokers count sunday and some dont, so little things will be showing different in tight range like this, until sunday is ironed out!!
  • #457
  • Nov 21, 2011 2:40am Nov 21, 2011 2:40am
Quoting bobha
Hi good folks. I need some help with two problems, one major and the other minor.
Firstly. I had no trouble setting up the 10 minute chart from the very clear instructions posted on this thread. The only problem is that is stays as an offline chart and does not update. I closed it down and then went to play with it again later and all I get is "Waiting for an update". So the question is, how do I kick it into life? Where is the starter button?
Secondly. All the posted charts show the wicks and the bodies of the Supertrend candles as the...
hi bob, click on the "indicators" icon on the "charts tool bar", hover on the "custom" and then click on "P4L PeriodCon" a small window appears and click on "common" tab, check the box "Allow DDL imports"....that should do it...
In GOD We TRUST !!! "REPETITION is the mother of all SKILLS." -Bo Sanchez
  • #458
  • Nov 21, 2011 2:41am Nov 21, 2011 2:41am
Quoting Sutts
I may be wrong but I think ALL the rules must still be in place for a reentry.....

and that includes:

"We need to see a down histobar clearly printed below the yellow line on MACD"

I think a down histobar is not just a bar below the yellow line but a red bar below the yellow line?


In terms of the data differences you're seeing in MT4 - I've learned to take MT4 data with a pinch of salt. From years of watching MT4 against my FXCM broker charts I can tell you that the candles often differ by quite a margin. I think the problem is it pauses...
please read the rules, DOWN HISTOBAR needs to be printed, no mention of the colour, thank you
  • #459
  • Nov 21, 2011 2:43am Nov 21, 2011 2:43am
Another reentry setup for EURUSD, anybody else got the white arrow?
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  • #460
  • Nov 21, 2011 2:43am Nov 21, 2011 2:43am
Quoting joancb
it is curious, after restarting MT4 terminal in another computer (same broker) the arrow disappeared.
As those arrows are based on the LWMA 2 and LWMA 15 cross I have put those ma's on my chart as well, if the arrow appears but I can't see a cross of the actual ma's then I'm not going in, if that arrow had shown on mine I would have seen no cross with the mas anyway.
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