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  • #2,821
  • Jan 16, 2012 10:44am Jan 16, 2012 10:44am
Quoting hale-mary
A+ examples would be nice to see or maybe a more detailed explanation/ or pictures. The 4hr trade has not clicked for me yet no matter how many times i read it. I am hoping the lightbulb moment will soon arrive. I want to take some demo trades but not sure what to focus on.

Thanks
I have to leave now but later on I will post explanations on my first 3 trades with this system...

Cheers.
  • #2,822
  • Jan 16, 2012 11:52am Jan 16, 2012 11:52am
Quoting X-Man
My SHI channel is set on the daily TF.
It looks like it didnt adjust in the picture.
But look at the TDI and the 60EMA its a perfect trade, you wouldnt need a SHI channel as you can see PA under the 60EMA
I am not using MT4 currently but my platform allows me to create bespoke indis in their web based interface.

Do you or anyone know the precise params for the SHI channel so that i can build it? Sorry if this hs been answered before but I have searched on FF for it but cannot see the actual channel settings.

many thanks
  • #2,823
  • Jan 16, 2012 12:18pm Jan 16, 2012 12:18pm
Quoting gamekeeper
I am not using MT4 currently but my platform allows me to create bespoke indis in their web based interface.

Do you or anyone know the precise params for the SHI channel so that i can build it? Sorry if this hs been answered before but I have searched on FF for it but cannot see the actual channel settings.

many thanks
I am sorry as I won't be able to answer your specific question, but would be keen to know what web-based interface it is that you are using ???

May I know the name of brokerage firm or software providers ???

Regards
  • #2,824
  • Jan 16, 2012 2:19pm Jan 16, 2012 2:19pm
Quoting gj6n68
I am sorry as I won't be able to answer your specific question, but would be keen to know what web-based interface it is that you are using ???

May I know the name of brokerage firm or software providers ???

Regards
Yes sure, its IG Index
  • #2,825
  • Jan 16, 2012 9:05pm Jan 16, 2012 9:05pm
Hi Xman,

Do you suggest just purely using heikin ashi and ema 60 to trade 4H?

Can we do without the TDI since the heikin ashi candles will already dictates the average PA with color.

Under a non MT4 condition, the Red line of the TDI is just a RSI and the green line is a SMA rt?

Regards,
Evilmaster
  • #2,826
  • Jan 16, 2012 10:55pm Jan 16, 2012 10:55pm
Hi S3 Traders

Just to share these indicators attached.
TDI MTF RSI DynZ
This indicator can be set to show a higher TF other than your chart TF. For e.g. you are on H1 chart TF, this TDI MTF indicators will show the higher H4 TF. The default is set to 240 for H4. If you to to show as per your chart TF, just set the timef=Farme parameter to ‘0’.

Synregy_APB(2)_ ind_ window
This indicator will show the APB bars in the indicator window instead of on your chart window. This is also a MTF indicator.
Notes:
The defaul timefarme is set to ‘0’, i.e. to show the chart’ TF. If your wnat to see the APB of H4, change this parameter to ‘240’.
Chart background colour default is set to white. If you have black colour chart backcrgound , you need to change the parameter in properties.

H4 OHLC Hi Lo
This indicator will plot the H4 high low (in black colour) . You can use this to look for H4 candle patterns like Inside Bar (IB) and Outside bars (OB), and also Doiuble Bars Higher High and Double Bars Lower Low, etc.

Also attached a S3 template using theese 3 indicators.

Note: You can put more than one indicator in the same indicator window. Simply drag and drop the indicator from the Navigator and drop onto the Indicator window. The sequence how you place the indicator will have some visual distortion. Lines may overlap show up in effect. Play around and observe closley.

I hope these will help you in trading this S3 method.


Price action precedes TDI and APB. The best indicator is the price bar/candle, it will never repaints!


My favourite PA attached.


Good trading folks!
Attached Image
Attached File(s)
File Type: mq4 TDI_MTF RSI_DynZ.mq4   13 KB | 1,045 downloads
File Type: mq4 Synergy_APB(2)_ind_window.mq4   6 KB | 992 downloads
File Type: mq4 H4 OHLC Hi Lo only.mq4   5 KB | 1,030 downloads
File Type: tpl s3 mtf tdi apb.tpl   3 KB | 798 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,827
  • Jan 16, 2012 11:32pm Jan 16, 2012 11:32pm
Quoting Evilmaster
Hi Xman,

Do you suggest just purely using heikin ashi and ema 60 to trade 4H?

Can we do without the TDI since the heikin ashi candles will already dictates the average PA with color.

Under a non MT4 condition, the Red line of the TDI is just a RSI and the green line is a SMA rt?

Regards,
Evilmaster
For the 4H method you really need the TDI to trade, as good trades come when there is a break in the blue bands.
I will be posting the A+ trades to show you and some other traders.
X-man the legendary conqueror of markets
  • #2,828
  • Jan 16, 2012 11:57pm Jan 16, 2012 11:57pm
Have a look at E/U 4H for the month of Jan.
There were 2 A+ trades.
The first thing we look at is to see where PA is ?
Under or on top of the 60EMA. If its below then we looking only for shorts.
The second thing is that we look for a breakout in the blue band on TDI.
Once thats happens we wait for a downward cross (the green crossing under the red lien on TDI) This will happen when the synergy bar changes from blue to red. Once this happens we enter short on the open of the second red candle.

The first trade the Swing high is around 40pips, in my experience a 4H candle needs breathing space of 30 to 50 pips. so here i would set my SL above the SHI channel around 70pips.
My TP would be 1:1 or you can set it at a standard 100 pips or you can lock in half the profits at 1:1 and the other half you lock in at 1:2. This trade went for 300 pips. to lock in 100 to 200 pips is good enough. You dont have to get every pips thats in the market.

The second trade went for 150 pips within the entry candle if you waited until the candle changes color then you would have still locked in around 120 pips. In the second trade since the swing high is around 100 pips thats where ill place my SL
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 131 KB
X-man the legendary conqueror of markets
  • #2,829
  • Jan 17, 2012 12:04am Jan 17, 2012 12:04am
A/U had 1 A+ trade
Look at TDI at how the bottom of the band broke

SL around 80 pips
TP at 100 pips or 1:1 etc
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 137 KB
X-man the legendary conqueror of markets
  • #2,830
  • Jan 17, 2012 12:08am Jan 17, 2012 12:08am
E/A had 2 trades

SL and TP set as per the rules
Attached Image (click to enlarge)
Click to Enlarge Name: ea.jpg Size: 125 KB
X-man the legendary conqueror of markets
  • #2,831
  • Jan 17, 2012 12:12am Jan 17, 2012 12:12am
E/J had 1 trade

Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 127 KB
X-man the legendary conqueror of markets
  • #2,832
  • Jan 17, 2012 12:15am Jan 17, 2012 12:15am
EUR/CAD had 3 trades
All 3 went for around 150pips
Attached Image (click to enlarge)
Click to Enlarge Name: ec.jpg Size: 130 KB
X-man the legendary conqueror of markets
  • #2,833
  • Jan 17, 2012 12:18am Jan 17, 2012 12:18am
Quoting X-Man
[color=Blue][size=3]Have a look at E/U 4H for the month of Jan.
There were 2 A+ trades.
The first thing we look at is to see where PA is ?
Under or on top of the 60EMA. If its below then we looking only for shorts.
The second thing is that we look for a breakout in the blue band on TDI.
Once thats happens we wait for a downward cross (the green crossing under the red lien on TDI) This will happen when the synergy bar changes from blue to red. Once this happens we enter short on the open of the second red candle.

The first trade the Swing high...
X-Man - thanks for these examples and your explanations, it's very helpful.
One question, what do you mean by the swing high of around 40 pips for the first trade, around 100 pips for the second?
  • #2,834
  • Jan 17, 2012 12:19am Jan 17, 2012 12:19am
USD/CHF had 2 trades
The first trade wont be an A+ trade
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 132 KB
X-man the legendary conqueror of markets
  • #2,835
  • Jan 17, 2012 12:22am Jan 17, 2012 12:22am
Quoting Gwsands
X-Man - thanks for these examples and your explanations, it's very helpful.
One question, what do you mean by the swing high of around 40 pips for the first trade, around 100 pips for the second?
I've got it, top or bottom of swing to entry point.
Sorry!
  • #2,836
  • Jan 17, 2012 12:23am Jan 17, 2012 12:23am
Hi,

see atached chart.
With Asian session rally of +70pips, I would be more careful when London open. There was a H4 IB breakout after a very narrow range yesterday.

H4 TDI is still bullish, so if you are on the H1 TF, you have to watch the price action and see if there is any bearish reversal setup. A pullback is also likely so I watch vey closely every H1 bar.

Good trading day ahead everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 17 Jan using S3 MTF template.gif Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,837
  • Jan 17, 2012 12:23am Jan 17, 2012 12:23am
Quoting Gwsands
X-Man - thanks for these examples and your explanations, it's very helpful.
One question, what do you mean by the swing high of around 40 pips for the first trade, around 100 pips for the second?

Swing high and swing low are places where you usually place you SL.
Swing high will be the highest place the wick of the previous candles reached before going in the other direction (short). The highest point.

Swing low will be the lowest area the candle reached before going long.
X-man the legendary conqueror of markets
  • #2,838
  • Jan 17, 2012 12:25am Jan 17, 2012 12:25am
Quoting Gwsands
I've got it, top or bottom of swing to entry point.
Sorry!
X-man the legendary conqueror of markets
  • #2,839
  • Jan 17, 2012 12:35am Jan 17, 2012 12:35am
Guys i posted 11 set up trades on the 4H method.
10 of those were A+ trades.

The amount of pips on the table from the 11 set ups are 1610 pips.
If you guys just took the 10 trades with a TP of 100 then you would already have 1000 pips for the month already.
X-man the legendary conqueror of markets
  • #2,840
  • Jan 17, 2012 12:40am Jan 17, 2012 12:40am
Quoting X-Man
Guys i posted 11 set up trades on the 4H method.
10 of those were A+ trades.

The amount of pips on the table from the 11 set ups are 1610 pips.
If you guys just took the 10 trades with a TP of 100 then you would already have 1000 pips for the month already.
X-Man - once again thanks for posting these. Simple rules, excellent results.
Looking at the AUD/USD chart, there was a possible setup on Jan 3 for a short. Is there any reason why you did not mention that one?
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