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  • #8,441
  • Sep 6, 2012 4:13am Sep 6, 2012 4:13am
Here are a couple of cheet sheets from eFXnews, give you some idea what to expect, these are not written in stone.
Attached Images
Cut your Losers short and let your Winners run.
  • #8,442
  • Sep 6, 2012 4:58am Sep 6, 2012 4:58am
Quoting Star178
The indicator posted earlier was the original, here I enclosed the one used on my chart.

There are two features added:
1) the original daily candle has been replaced by MTF candle.
2) usually there are pop up alerts from your MT4, and we are so used to remove them. Now with this indicator installed, you can re-call the pop up alert by press Ctrl plus "Zero" at the same time and reread the message..
Hi Star,

the indi you shared works like magic. EUR/USD was firing up and stop right on the pivot line... Wow... much better than the one i used before (i think previously i used daily pivot, not fibo pivot).

Happy trading day...
  • #8,443
  • Sep 6, 2012 5:53am Sep 6, 2012 5:53am
Hi xman

I'm sure you've found it already but here is a 'smoothed' TDI ind.

rorieu



Quoting X-Man
[color=Blue][size=3]ATTENTION S3 TEAM

I would like a favour from you guys. I know theres guys aroung here thats good at tweaking and has an eye for settings etc.
I am weak at all that thats why i need you guys help.

If we sort this out then i think we will have a something nice to earn us few more pips.

Im attaching charts to show you guys what i want and i need you guys to figure it out .

The chart i attached it AU 15 min TF on the 11 MAy 2012.
this is however not the default setting.
If you go to that date and compare the...
Attached File(s)
File Type: mq4 TDI rsx based - smoothed & alerts+lines2.mq4   17 KB | 662 downloads
  • #8,444
  • Sep 6, 2012 8:31am Sep 6, 2012 8:31am
Quoting Vantage

It will be interesting to see if the buy the rumour sell the fact plays out.
It played out, thank you very much 40 pips to the DP. Have to admit I did not do it on my own, Draghi helped me a lot. Took the long off the bounce from the weekly pivot, it has gone much much higher than I thought it would so I think I will close it and call it a day.
Cut your Losers short and let your Winners run.
  • #8,445
  • Edited 1:31pm Sep 6, 2012 11:32am | Edited 1:31pm
Two entry... two stop :-(

Short entry at opening of 4° "london candle" (formation of second red) after pullback & H1 resistance (green line)

SL was upside H1 resistance but taken during news (touched RN 40pips up entry)

New short entry after end of second news. Good TDI after clousure... exit for save 10 pips or wait EMAcrossing?

Strong reverse... second SL!
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 24 KB
  • #8,446
  • Sep 6, 2012 2:47pm Sep 6, 2012 2:47pm
I stumbled across this forum a couple of days ago and am intrigued by the 4H Swing method, but I have a basic question:

My charts come up with gray bars, all the same color. All the screenshots here are with colored bars and they don't look like regular candles, more like Heiken Ashi.

Can someone point me to the correct download or what I'm doing wrong?

Thanks very much in advance.
  • #8,447
  • Sep 6, 2012 3:24pm Sep 6, 2012 3:24pm
Right click on chart.....In pop-up, click properties, then colors... here you can change colors of candles.
Hej.
  • #8,448
  • Sep 6, 2012 3:30pm Sep 6, 2012 3:30pm
Quoting Stitch961
Right click on chart.....In pop-up, click properties, then colors... here you can change colors of candles.
Thanks Stitch961. I did that earlier but they still looked different than the screenshots from everyone. I'll try again!
  • #8,449
  • Sep 6, 2012 5:20pm Sep 6, 2012 5:20pm
Quoting smarco
Two entry... two stop :-(

Short entry at opening of 4° "london candle" (formation of second red) after pullback & H1 resistance (green line)

SL was upside H1 resistance but taken during news (touched RN 40pips up entry)

New short entry after end of second news. Good TDI after clousure... exit for save 10 pips or wait EMAcrossing?

Strong reverse... second SL!
I also got SL when i short on that strong bearish APB. I thought because the price broke EMA60 it's safe to short.

Is that possible that price movement went crazy because of a lot of high impact news all in about 3 hours? Well perhaps next time I should stay away if there are too many news at once...
  • #8,450
  • Edited 7:11pm Sep 6, 2012 6:17pm | Edited 7:11pm
Quoting dee50
...... Trading is not rocket science, Trading is simple it is people who make it complicated.

Stop analysing the market, you can not predict where it is going, let the market "show" you where it is going.

.....
Hello young man!!!

I call you young man because from your expression

1) you are younger than me or at lease half my age.

2) You have not seen the world. When we switch on the radio, or watch TV, when coming to the financial session, you will hear them saying or telling you which direction the market is moving now and there after. (You should tell not to do that also).


Such remarks are not welcomed in this forum!!!!!


We are here to share our views and learn from each other so that we can have certain skills to out performed our BIG BROTHER and bag some pips into our account.

Predicting the market movement is not an easy process and it cannot be 100 percent accurate.

If the prediction is correct we like to learn more.

If trade went the opposite direction we also like to know which indicator or other signs that make us decide the wrong way, so we try not to make the same costly mistake the next time.
  • #8,451
  • Sep 6, 2012 8:33pm Sep 6, 2012 8:33pm
Quoting dougeyboy
I stumbled across this forum a couple of days ago and am intrigued by the 4H Swing method, but I have a basic question:

My charts come up with gray bars, all the same color. All the screenshots here are with colored bars and they don't look like regular candles, more like Heiken Ashi.

Can someone point me to the correct download or what I'm doing wrong?

Thanks very much in advance.
1) Can you show us a screenshot so we can access the problem.

2) also let us know which broker you are using if possible the location you download the mt4 program. I suspect some broker use a default settings.
  • #8,452
  • Sep 6, 2012 9:58pm Sep 6, 2012 9:58pm
Quoting krishari
Hi Phx62,

Great post, you are the master of this system. I took the same trade and closed for 30 pips.

Also could you please let me know where i can get the daily/h4/h1 support lines indicator.

Thank you in advance.
NO indicator....I draw the lines from "sore thumb" highs and lows on the daily and H4 charts....for more info on this go to the "Pro Traders Network" and Rick explains exactly how to accomplish this. The link to that site has been posted on this thread.
  • #8,453
  • Sep 6, 2012 10:16pm Sep 6, 2012 10:16pm
Quoting eth3onstock
I also got SL when i short on that strong bearish APB. I thought because the price broke EMA60 it's safe to short.

Is that possible that price movement went crazy because of a lot of high impact news all in about 3 hours? Well perhaps next time I should stay away if there are too many news at once...
hi eth,

the market creates all moving averages we place on our charts. you know what this means.

just for self study evaluation:

what are the EMA60 and EMA200 use for in this S3 methods?
know these well and use these as criteria to look for trade setups or perhaps as filters in your own system.

For S3 H1, I use mainly the daily pivots levels and the recent fibo retracement levels of the previous day high low and also the previous week high low fibo levels.
Also know where the Weekly Pivot is for the week. This is sometimes the swing point for price movement in the trading week. Study the longer timeframe trend (e.g. H4 ) using the Weekly pivot as reference.

For intraday trading, these pivots and fibos as supprot and resistance are what I lookout for.
When we see confluence of any fibo and pivot levels, we must pay attention when we trade.

Hope these help.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,454
  • Sep 6, 2012 10:59pm Sep 6, 2012 10:59pm
Quoting emmanuel7788
hi eth,

the market creates all moving averages we place on our charts. you know what this means.

just for self study evaluation:

what are the EMA60 and EMA200 use for in this S3 methods?
know these well and use these as criteria to look for trade setups or perhaps as filters in your own system.

For S3 H1, I use mainly the daily pivots levels and the recent fibo retracement levels of the previous day high low and also the previous week high low fibo levels.
Also know where the Weekly Pivot is for the week. This is sometimes the...
I use the EMA as a trend guide, also as a major support/resistance. Hopefully I use it correctly as S3 tends to
Usually I trade a setup which inline with the trend direction showed by price position compared to EMA60/EMA200 (upper = buy, lower = sell). But there are times that I have problems especially near the trend reversal... Should learn more, practice more to identify this scenario better, so I can avoid wrong setup for that condition...
  • #8,455
  • Sep 7, 2012 12:12am Sep 7, 2012 12:12am
Quoting Star178
1) Can you show us a screenshot so we can access the problem.

2) also let us know which broker you are using if possible the location you download the mt4 program. I suspect some broker use a default settings.
Hi, Star

I want to ask u some question about the Quiktail:

why the fisrt take profit doesn't work?

I have set it from the false to true, but i try several times, but faile!!

help!
  • #8,456
  • Sep 7, 2012 12:29am Sep 7, 2012 12:29am
Quoting rorieu
Hi xman

I'm sure you've found it already but here is a 'smoothed' TDI ind.

rorieu
Hey there buddy

Where did you get this indie from?
does it match the TDI i have posted in those pictures?
Ill give is a run and compare it.
Thanks
I really apprecitae it
X-man the legendary conqueror of markets
  • #8,457
  • Sep 7, 2012 12:37am Sep 7, 2012 12:37am
Quoting tsipouro
Which EMA do you use in M15 eur/usd trade?
I use a 50ema close to determine the trend on the 15min TF.
try it out and see if you would like the 89ema or 50ema.

The 50ema works better for me.


X-man the legendary conqueror of markets
  • #8,458
  • Sep 7, 2012 12:52am Sep 7, 2012 12:52am
Quoting dee50
No problem and your welcome. Nice thread you have there, well organised, I wish everyone updated their first pages like you have, it would save a lot of repetition and make it easier for newcomers to find the answers rather than having to plough thru whole threads which really shouldn´t be necessary.

Intersting looking method, I shall have to have a closer look, particularly judging by your list of fellow contributors.
My first post does not need a constant update because that is the way i trade up until today and thats the way every trader should trade this system.
I do not have v1 , v2 , v3 of this system. there is only 1 version. there are no extra rules
If a noob comes into this thread and read the first post and then read the experienced traders posts thereafter the only thing he will need after that is practice. Theres no other hidden rules here.
I only trade the 15min TF abit different coz its slightly different and quicker than the 1H.

The system rules will always remain the same no matter what.
Always remain PA is king. we use TDI to confirm thats all there is to it.

This system is intended to be as simple as this always.
Thats why its called super simple system
X-man the legendary conqueror of markets
  • #8,459
  • Sep 7, 2012 1:10am Sep 7, 2012 1:10am
Quoting X-Man
[color=Blue][size=3]My first post does not need a constant update because that is the way i trade up until today and thats the way every trader should trade this system.
I do not have v1 , v2 , v3 of this system. there is only 1 version. there are no extra rules
If a noob comes into this thread and read the first post and then read the experienced traders posts thereafter the only thing he will need after that is practice. Theres no other hidden rules here.
I only trade the 15min TF abit different coz its slightly different and quicker than...
Hi X-man,
do you mind to share why you trade M15 now? in the beginning of this thread you used H1 for EUR/USD.

I used to trade M15, but now moving to H1 regarding to this thread Hmmm... actually I havent finished all the pages yet. Just around the first 200 pages then jump to page 500 and so on. Sorry, if you already have put some sharing between those pages about the reason.....

thnx.
  • #8,460
  • Sep 7, 2012 1:21am Sep 7, 2012 1:21am
Quoting xuflyeven
Hi, Star

I want to ask u some question about the Quiktail:

why the fisrt take profit doesn't work?

I have set it from the false to true, but i try several times, but faile!!

help!
Try using this one. I have configured the 1st TP at 30 pips, breakeven at 30 and trailing also at 30.

There are many reasons for the EA not performing it's 1st TP.
1) you need to know your broker what is the smallest bit. eg. standard account cannot take below 0.1 lot; so you need to enter a trade at 0.2 lots and your 1TP is set at 50% than it works.

2) wrong setting: should you trade say 0.3 lots, and your 1stTP setting is 67%, than you 1stTP will be 0.2 lots leaving 0.1 lot trailing.
however if your setting is 50% I think it may not work.
Attached File(s)
File Type: ex4 Quik_Trailing #.ex4   20 KB | 658 downloads
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