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Another simple system - Time-Frame 15

  • #11,661
  • Oct 29, 2012 3:24pm Oct 29, 2012 3:24pm
Quoting Xhale12
"Regulators and exchange operators have decided to close U.S. equity trading for a second straight day Tuesday as Hurricane Sandy bears down on the Eastern United States."
great... another holiday... thanks for the info.
  • #11,662
  • Oct 29, 2012 3:26pm Oct 29, 2012 3:26pm
Quoting Davit
I have to be honest.I love this thread but I have serious dislike of lagging indicators specially TDI that is being used here a lot.
I just think traders ditching crap indicators and going close to naked charts are really getting it and traders who need 5-10 "confirmations" are clueless.
Since I am honest I also dislike HEKINASHI candles.If one has to see red or blue to figure direction then you are clueless and blind.

Now that is out of my chest I am tightening my seat belt for bashing.
i agree with you Davit,
the TDI is a lagging indicator , once its moving to a direction after a while if you refresh the chart you will see it in another dirction , its not accurate. thats why i'm not using it any more , but i'm using another indicator with the same idea of the TDI , but more accurate and never change or repaint called ( QQE ) if you heared about it...
  • #11,663
  • Oct 29, 2012 3:33pm Oct 29, 2012 3:33pm
Quoting omarjazaeri
i agree with you Davit,
the TDI is a lagging indicator , once its moving to a direction after a while if you refresh the chart you will see it in another dirction , its not accurate. thats why i'm not using it any more , but i'm using another indicator with the same idea of the TDI , but more accurate and never change or repaint called ( QQE ) if you heared about it...
usage on tdi or qqe are all based on previous price. can't do anything about lagging part. knowing it's strength and weakness how it can be applied to the trading is more important, imo.
  • #11,664
  • Oct 29, 2012 3:37pm Oct 29, 2012 3:37pm
Quoting omarjazaeri
i agree with you Davit,
the TDI is a lagging indicator , once its moving to a direction after a while if you refresh the chart you will see it in another dirction , its not accurate. thats why i'm not using it any more , but i'm using another indicator with the same idea of the TDI , but more accurate and never change or repaint called ( QQE ) if you heared about it...
Have not heard about it, is it something proprietary and hence unavailable, or is it freely available? Thanks. (will try to google it now).
  • #11,665
  • Oct 29, 2012 3:40pm Oct 29, 2012 3:40pm
Quoting MidnightRun
Have not heard about it, is it something proprietary and hence unavailable, or is it freely available? Thanks. (will try to google it now).
Well, actually found it at a Russian site, and a description too. Will test drive.
  • #11,666
  • Oct 29, 2012 3:40pm Oct 29, 2012 3:40pm
Quoting MidnightRun
Have not heard about it, is it something proprietary and hence unavailable, or is it freely available? Thanks. (will try to google it now).
http://www.forexfactory.com/showthread.php?t=40582

search here.
  • #11,667
  • Oct 29, 2012 3:54pm Oct 29, 2012 3:54pm
Quoting MidnightRun
Have not heard about it, is it something proprietary and hence unavailable, or is it freely available? Thanks. (will try to google it now).
actually i'm not sure if you can find it for free , long time ago i bought a system and the QQE was one of the system's indicators.
and its called QQE advanced.
i have attached it here , if any body want to use it ..
Attached File(s)
File Type: ex4 QQE ADV.ex4   4 KB | 518 downloads
  • #11,668
  • Oct 29, 2012 4:25pm Oct 29, 2012 4:25pm
Quoting rotunda
Meter %'s show strongestand weakest.. Kind of like a psychiatrist, tells you whatyou already know.
hey bro your currency meter indicator is looking cool.is it possible to share it....?
Say something meaningful or Silence!!
  • #11,669
  • Oct 29, 2012 4:35pm Oct 29, 2012 4:35pm
As stated earlier, I triggered my first trade with this system today....GU sell, and netted 21pips in all...cant post my chart, am on night duty at work. Thanks for the good work here. I hitching to finish reading up the whole thread, cos am still on page 200+
i trust my system, only my broker i distrust
  • #11,670
  • Edited 5:05pm Oct 29, 2012 4:48pm | Edited 5:05pm
HI Traders! I am working on one project it is an EA. is anyone here good in mql programming? most of work is done and its working pretty ok. I just need some help with one additional thing I want to put into that ea. I'll share it when it is ready. please PM me
  • #11,671
  • Oct 29, 2012 8:18pm Oct 29, 2012 8:18pm
Quoting Davit
I have to be honest.I love this thread but I have serious dislike of lagging indicators specially TDI that is being used here a lot.
I just think traders ditching crap indicators and going close to naked charts are really getting it and traders who need 5-10 "confirmations" are clueless.
Since I am honest I also dislike HEKINASHI candles.If one has to see red or blue to figure direction then you are clueless and blind.

Now that is out of my chest I am tightening my seat belt for bashing.
Welcome to the thread my friend.I know what you mean...jus check out this post...

http://www.forexfactory.com/showthre...92#post5660992

http://www.forexfactory.com/showthre...18#post5806318

Initially this thread was started like any other thread here in FF>...I planned each and every move before starting a thread.What a normal trader would look for when he starts trading FOREX.Only if started telling them about PRICEACTION.....no one would have even seen this thread...lol..

I wanted to make this one place for everything.it targets INDICATORS traders....It targets scalpers/position traders/swing traders etc...lol

Stay blessed
Let all the living things live blissfully
  • #11,672
  • Oct 29, 2012 8:19pm Oct 29, 2012 8:19pm
Quoting moneytub
HI Traders! I am working on one project it is an EA. is anyone here good in mql programming? most of work is done and its working pretty ok. I just need some help with one additional thing I want to put into that ea. I'll share it when it is ready. please PM me
My friend....i tried and came to a conclusion that its hard for this one to create an EA...but you can try...stay blessed
Let all the living things live blissfully
  • #11,673
  • Oct 29, 2012 8:25pm Oct 29, 2012 8:25pm
Quoting ejiexe
I still manage to grab another 22 pips on GU.

Thanks to you all.
amigo, you took emmanuel's words and put them into place! i am amazed. that's what i vouched you for (i don't deserve my vouches so i give them to people who do).

still training my eyes to see dlhc and dhlc but they are quite useful, especially in higher TFs (from my backtests)

peace and love
good night
steph
  • #11,674
  • Oct 29, 2012 8:28pm Oct 29, 2012 8:28pm
Quoting 99problems
amigo, you took emmanuel's words and put them into place! i am amazed. that's what i vouched you for (i don't deserve my vouches so i give them to people who do).

still training my eyes to see dlhc and dhlc but they are quite useful, especially in higher TFs (from my backtests)

peace and love
good night
steph
also not sure how to handle that DIB H4 on GU by the way.
anyway, time to sleep
  • #11,675
  • Oct 29, 2012 9:04pm Oct 29, 2012 9:04pm
Quoting ejiexe
I still manage to grab another 22 pips on GU.

Thanks to you all.
Hi,

Good Trade! congrats for 21pips.

I got the same entry price level but used other entry option.
That DBHLC is not perfect but that worked out well as there were other PA for this two candles.
See attached.

Learn just a few PA CS patterns and supplement these to your entry setups with the Arjun arrows.

Good Trading.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 29 Oct trade entry example.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,676
  • Oct 29, 2012 9:08pm Oct 29, 2012 9:08pm
Quoting 99problems
also not sure how to handle that DIB H4 on GU by the way.
anyway, time to sleep

that H4 DIB is 34 pips range.

you have three tries to get the breakout right.

usually with consistent and good reading of PA, you get it right the first time.

if first time fails, take the second opposite BO..

if the second BO fails ,

then the third is most likey winner....

LOL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11,677
  • Oct 29, 2012 9:14pm Oct 29, 2012 9:14pm
Quoting loveevery1
Welcome to the thread my friend.I know what you mean...jus check out this post...

http://www.forexfactory.com/showthre...92#post5660992

http://www.forexfactory.com/showthre...18#post5806318

Initially this thread was started like any other thread here in FF>...I planned each and every move before starting a thread.What a normal trader would look for when he starts trading FOREX.Only if started telling them about PRICEACTION.....no one would have even seen this thread...lol..

I wanted to make this one...
Thank you for understanding me.Psychologically I moved away from indicators.I focus on Price Action.fundies,News,Volume.
Here is an example of my chart.
I use Fibs for bounce distance.I hope its ok me posting here.Got 2 EMA 50 and 200. 200 because lot of traders use them hence become self fulfilling and 50 I noticed PA bounces often from 50EMA
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
In trading, you have to be defensive and aggressive at the same time
  • #11,678
  • Oct 29, 2012 9:15pm Oct 29, 2012 9:15pm
Quoting lehin
This morning I got another two trades: one classic and one CT trade. I think its a text book, but I'm not 100% sure, just believe so. Please correct me if I'm wrong.

Since LO i got 5 trades total: 4 winners (+52) and one looser (-7)
Today total: +45

Time to take care of my family and later to continue reading this thread.

Have a nice day kind people!
LOGIC will always work...good on brother...
Let all the living things live blissfully
  • #11,679
  • Oct 29, 2012 9:17pm Oct 29, 2012 9:17pm
Quoting Xhale12
There it goes. +21. Calling it a day.
brotehr xhale....Your analysis are becoming very sharp...keep it up and dont let the greed and pride get to you...
Let all the living things live blissfully
  • #11,680
  • Oct 29, 2012 9:20pm Oct 29, 2012 9:20pm
Quoting sashadeol
What confirms a break of EMA ?

I see H4 candle closed below EMA, is that a valid break?
We need a strong close below the EMA...and the previous moves should support the CLOSE...and the safest would be to wait for the retest of that EMA and get rejected again for the trend to continue...lol

I think you can see x-mans posts for this...
Let all the living things live blissfully
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