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Easy entry system: coloured candles

  • #81
  • May 6, 2012 2:18pm May 6, 2012 2:18pm
Quoting kraven
hope some of you got into the EU signal, i wasn't around but it looks good..
that was some gap on EU. if anyone stay in the last signal then well done.
  • #82
  • May 7, 2012 10:59am May 7, 2012 10:59am
Hi Kraven
thanks for the system

i just set it up for 8 pairs in two profiles .

just trying to get to the root of this system... what makes the CCI arrows pop up?? which indicators are they based on?
thank you ^_^
  • #83
  • May 7, 2012 11:17am May 7, 2012 11:17am
Quoting Yisaiah
Hi Kraven
thanks for the system

i just set it up for 8 pairs in two profiles .

just trying to get to the root of this system... what makes the CCI arrows pop up?? which indicators are they based on?
thank you ^_^
LOL, it's in the title Yisaiah. CCI arrows is based on the CCI indicator (basic indicator in any mt4 pack). if CCI passes throught the centre an arrow appears.

be careful using so many pair, pretty much all pairs work in conjuction with each other. I'd just stick with 1 or 2.
  • #84
  • May 8, 2012 12:58am May 8, 2012 12:58am
Hi all,

Newbie here (demo trading for a few weeks only), and thought I'd post.

Love the simplicity of this system!!

I'm at work typing this, so can't post screenies. Set this up yesterday morning, despite it being a UK Bank Holiday, and watched it throughout the day. Eventually placed some trades late last night and went to bed....

Woke up to:

USDCAD - Buy - +100 pips
EURNZD - Buy - +50 pips
AUDCAD - Sell - +100 pips

Set up two more orders this morning before work...showing slight profit loss, but moving in the right direction.

Thanks for sharing Kraven....

Regards
Ath
  • #85
  • May 8, 2012 3:17am May 8, 2012 3:17am
Watched all day yesterday and no trades then missed good ones today with all red/green on h4 and m15 Is anyone can make alert for when all agree plz?
  • #86
  • May 8, 2012 3:31am May 8, 2012 3:31am
nice work Athravan. yes it's nice and simple.

Caught the EU last night before bed. SL about 10, price has move 35. will move SL to BE and let it run down to recent low if it'll go
Attached Image (click to enlarge)
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  • #87
  • Edited 4:47am May 8, 2012 4:17am | Edited 4:47am
not like yours kraven? more arrows???
EDIT i used indi but not .tpl and was set to cc1 14 not 45, fix now
Attached Image (click to enlarge)
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  • #88
  • May 8, 2012 5:10am May 8, 2012 5:10am
This system will not work on the long term, guys. I'm just letting you know. It's similar to my old PArbolic SAR and also the BBStop system. Like most indicator systems, this will look great in trends and then wipe you out in the ranges. Forget it and move on. Trust me.
  • #89
  • May 8, 2012 1:19pm May 8, 2012 1:19pm
Kraven

is this entry ok?
Attached Image (click to enlarge)
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  • #90
  • May 8, 2012 1:39pm May 8, 2012 1:39pm
Quoting kraven
nice work Athravan. yes it's nice and simple.

Caught the EU last night before bed. SL about 10, price has move 35. will move SL to BE and let it run down to recent low if it'll go
Good one kraven!

Do you taked before red point give you the signal?

Cheers!
  • #91
  • Edited 4:52pm May 8, 2012 2:37pm | Edited 4:52pm
Roofx you are possibly correct, i don't promise holy grail, just a nice straight forwards trend follower system

the original entry today is in my last pic..

yes migmac (in the pic you can see my buy and sl lines), other entries for today in pic (I like to give a min of about 10pip sl)

# update. this trade is now at 1:2 RR (SL -10, currently +20), have set SL to BE now and TP at 1.2905 (long way off)
Attached Image (click to enlarge)
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  • #92
  • May 8, 2012 6:28pm May 8, 2012 6:28pm
Quoting kraven

yes migmac (in the pic you can see my buy and sl lines), other entries for today in pic (I like to give a min of about 10pip sl)

# update. this trade is now at 1:2 RR (SL -10, currently +20), have set SL to BE now and TP at 1.2905 (long way off)
before i switch off and because i have set a large TP I've decided to take half (+35) leaving the rest to either BE or hit the 1.2905. this would be the 3rd successful trade on EU today with 1 loss. again just demo for now.
  • #93
  • May 8, 2012 8:26pm May 8, 2012 8:26pm
Kraven..I like it. I'm going to follow it for a while and see where it leads.
Thanks
We all see the same dream, just from different viewpoints
  • #94
  • May 8, 2012 11:43pm May 8, 2012 11:43pm
Quoting kraven
before i switch off and because i have set a large TP I've decided to take half (+35) leaving the rest to either BE or hit the 1.2905. this would be the 3rd successful trade on EU today with 1 loss. again just demo for now.
Kraven,

This was my second trade with this system, 2 winners, the first was posted a few posts back, this one ended with +26pips with a SL of 9 pips, nice ratio . This trade was made on my live account, I was more than willing to risk the 9pips

thank you
  • #95
  • May 9, 2012 1:03am May 9, 2012 1:03am
At work again typing this up - set some trades running yesterday morning as follows:

AUDCAD - Sell - +79 pips (manually stopped at lunch)
AUDNZD - Buy - +100 pips
EURUSD - Sell - +86 pips (manually stopped at lunch)
GBPJPY - Sell - -50 pips

Went back in on AUDNZD when I got home - Buy - another +50 pips

Set some last night before bed, and results as follows:

EURGBP - Sell - +50 pips
EURUSD - Sell - +100 pips
AUDJPY - Sell - +150 pips
CHFJPY - Sell - +100 pips

Running total so far:
11 Trades - 10 Wins, 1 Loss
+915 pips

I am currently trading 0.01 lots on a demo micro account. Will continue on 0.01 for the rest of this week. Next week I intend to up the lot size to 0.10 and go for smaller TP!

Regards
Ath
  • #96
  • May 9, 2012 5:01am May 9, 2012 5:01am
Quoting Athravan
At work again typing this up - set some trades running yesterday morning as follows:

AUDCAD - Sell - +79 pips (manually stopped at lunch)
AUDNZD - Buy - +100 pips
EURUSD - Sell - +86 pips (manually stopped at lunch)
GBPJPY - Sell - -50 pips

Went back in on AUDNZD when I got home - Buy - another +50 pips

Set some last night before bed, and results as follows:

EURGBP - Sell - +50 pips
EURUSD - Sell - +100 pips
AUDJPY - Sell - +150 pips
CHFJPY - Sell - +100 pips

Running total so far:
11 Trades - 10 Wins, 1 Loss
+915...
Great work!
If I Change, the whole World changes!
  • #97
  • May 9, 2012 5:08am May 9, 2012 5:08am
Quoting Athravan
At work again typing this up - set some trades running yesterday morning as follows:

AUDCAD - Sell - +79 pips (manually stopped at lunch)
AUDNZD - Buy - +100 pips
EURUSD - Sell - +86 pips (manually stopped at lunch)
GBPJPY - Sell - -50 pips

Went back in on AUDNZD when I got home - Buy - another +50 pips

Set some last night before bed, and results as follows:

EURGBP - Sell - +50 pips
EURUSD - Sell - +100 pips
AUDJPY - Sell - +150 pips
CHFJPY - Sell - +100 pips

Running total so far:
11 Trades - 10 Wins, 1 Loss
+915 pips

I am currently...
Fantastic Ath! How are u decide tp plz?
  • #98
  • May 9, 2012 5:16am May 9, 2012 5:16am
sounds like he's picking TP off 4hr chart. however a 50pip loss on 1 bet also seems he's using 4hr for SL. I am only using this one EU.

still in EU (sl 9 pips) currently up +64 (i'd normally settle for this)
  • #99
  • May 9, 2012 5:20am May 9, 2012 5:20am
I realise I'm jumping around the pairs a fair bit looking for opportunities. I am, however, using my discretion on the 15m chart, coupled with looking for strong trends on the 4hr chart.

Question for Kraven:
Do you think this system has any merit moving up the timeframes? Do you think it would work using a Daily/1hr frame rather than 4hr/15m?

I'm new to indicators and wondered if these would need changing to accomodate?

Regards
Ath
  • #100
  • May 9, 2012 5:22am May 9, 2012 5:22am
For me 25pip tp is good. So far 2 trades 2 wins = 50pip Thx kraven.
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