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Attachments: Another simple system - Time-Frame 15
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Another simple system - Time-Frame 15

  • #19,701
  • Feb 8, 2013 10:42am Feb 8, 2013 10:42am
Quoting Vnfx
Any help to analyse why
1. First arrow is failed (away from 200EMA) ?
2. Second arrow (CT trade) is sucessful?
Thanks.
Ps. we need only 10pip a day.
Quoting Vantage
Why don't you put your thoughts up why.

For now forget about 200 ema. Any other thoughts as to why moves failed, look at immediate flow, other TF's and SR levels.
Quoting emmanuel7788
Exactly like what Vantage already mentioned, we must always look at higher TF and also identify signicant historical Support and Resistance. RN 1.2800 is significant S&R.

If you look at H1, PA pullback from Prev D 127%, with two consecutive H1 bullish candles breaking above RN 1.2800. PA Momentum is UP.
Although, the M15 chart shows 10EMA below 200EMA ..., but PA show you something different.
Also, H1 TDI PL is above TSL and just cross above MBL.
TDI M15 is above MBL and MBL is rising

Edit: If you just want 10 pips per day, it is easy....
Quoting pkimnyc
first trade: shorted against bullish div both on 15 min and 1hr. nice reversal candles at the bottom on 15 min tf.
Thanks very much for helping the newbies. I must pay more attention to the HTF and S/R.
Accept as it is being!
  • #19,702
  • Feb 8, 2013 10:43am Feb 8, 2013 10:43am
Hi

I use the indicator above to help me find the trend, but when I use it on a EA using icustom() function, it donīt returns the same value displayed on the screen. Can anyone give me some clue of what could be happen?
Thanks

+++++++++++++++++++++++++++++++++++ +++++++++++++++++++++++++++++++++

#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Black
#property indicator_color2 Blue
#property indicator_width2 3
#property indicator_color3 Red
#property indicator_width3 3

extern int extremePeriods = 30;
extern string fx_pair = "EURUSD";
extern int timeframe = 240;
double buffer00[];
double buffer01[];
double buffer02[];

int init() {
SetIndexStyle(0, DRAW_LINE);
SetIndexStyle(1, DRAW_LINE);
SetIndexStyle(2, DRAW_LINE);
IndicatorDigits(Digits + 1);
SetIndexBuffer(0, buffer00);
SetIndexBuffer(1, buffer01);
SetIndexBuffer(2, buffer02);
IndicatorShortName("Trend is your friend TF");
SetIndexLabel(0, "Black");
SetIndexLabel(1, "Blue");
SetIndexLabel(2, "Red");
return (0);
}

int start() {

double ld_8;
double ld_16;
double avgLowHigh;
int counted_bars = IndicatorCounted();
double expressao01 = 0;
double ld_40 = 0;
double ld_unused_48 = 0;
double ld_unused_56 = 0;
double ld_64 = 0;
double ld_unused_72 = 0;
double aux_Low = 0;
double aux_High = 0;
double act_High = 0;
double act_Low = 0;
if (counted_bars > 0) counted_bars--;
int limit = Bars - counted_bars;
for (int i = 0; i < limit; i++) {
aux_High = iHigh(fx_pair,timeframe,iHighest(fx _pair, timeframe, MODE_HIGH, extremePeriods, i));
aux_Low = iLow(fx_pair, timeframe,iLowest(fx_pair, timeframe, MODE_LOW, extremePeriods, i));
act_High = iMA(fx_pair,timeframe,1,0,MODE_SMA, PRICE_HIGH,i);
act_Low = iMA(fx_pair,timeframe,1,0,MODE_SMA, PRICE_LOW,i);
avgLowHigh = (act_High + act_Low) / 2.0;
expressao01 = 0.66 * ((avgLowHigh - aux_Low) / (aux_High - aux_Low) - 0.5) + 0.67 * ld_40;
expressao01 = MathMin(MathMax(expressao01, -0.999), 0.999);
buffer00[i] = MathLog((expressao01 + 1) / (1 - expressao01)) / 2.0 + ld_64 / 2.0;
ld_40 = expressao01;
ld_64 = buffer00[i];
}
bool li_108 = TRUE;
for (i = limit - 2; i >= 0; i--) {
ld_16 = buffer00[i];
ld_8 = buffer00[i + 1];
if ((ld_16 < 0.0 && ld_8 > 0.0) || ld_16 < 0.0) li_108 = FALSE;
if ((ld_16 > 0.0 && ld_8 < 0.0) || ld_16 > 0.0) li_108 = TRUE;
if (!li_108) {
buffer02[i] = ld_16;
buffer01[i] = 0.0;
} else {
buffer01[i] = ld_16;
buffer02[i] = 0.0;
}
}
return (0);
}
  • #19,703
  • Feb 8, 2013 3:56pm Feb 8, 2013 3:56pm
Quoting Vantage
EJ moved up to the area of the highs in 1 big 15 min candle this morning then spent 4 hrs going nowhere. D divergence, 1hr engulfing negative close. 15 min lh little/no lower wick in direction of trade. Out at the prev days lows +79.

One thing we need to work on is re-entries when its apparent that it isn't going to reverse.
Hello Vantage,

Can you please explain what did you mean by "15 min lh little/no lower wick in direction of trade"?? please.

Regards
Helee
  • #19,704
  • Edited 5:27pm Feb 8, 2013 4:56pm | Edited 5:27pm
Quoting tugabulls
Hi

I use the indicator above to help me find the trend, but when I use it on a EA using icustom() function, it donīt returns the same value displayed on the screen. Can anyone give me some clue of what could be happen?
Thanks

+++++++++++++++++++++++++++++++++++ +++++++++++++++++++++++++++++++++

#property indicator_separate_window
#property indicator_buffers 3
#property indicator_color1 Black
#property indicator_color2 Blue
#property indicator_width2 3
#property indicator_color3 Red
#property indicator_width3 3

extern int extremePeriods...
Hi tugabulls,

You posted this 5 times in different threads asking for help. This has nothing to do with this thread discussion. You had given nothing to this community and you expect help from this community.

You also posted decompiled codes and how do you expect anyone to help you here in Forex Factory. To people in the software industry, these are stolen codes.

Please respect this thread and delete your post.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: FF member tugabulls spam.png Size: 167 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,705
  • Feb 8, 2013 5:17pm Feb 8, 2013 5:17pm
Quoting emmanuel7788
If you just want 10 pips per day, it is easy. Just scalp the H4 High-Low break.
Or play the Asia range.... Doesn't quite add up though... Usual sl 10-15 pips, plus the spread.... For 10 pips?
  • #19,706
  • Feb 8, 2013 9:42pm Feb 8, 2013 9:42pm
Quoting Vantage
Why don't you put your thoughts up why.

For now forget about 200 ema. Any other thoughts as to why moves failed, look at immediate flow, other TF's and SR levels.
Sorry Vantage for late response. Here is my thoughts:

1. First arrow: this is a trap for newbies because excepting Assian Session, all basic conditions are favorable for entry, (I don't mention TDI here because I don't know how to use it effectively). For me, I would wait for PA rejecting BRN 1.0300 as a resistance for safer entry.

2. Second arrow: I call it CT trade because we sell above 200EMA, but it fact it follows HTF trend (H1, H4, D1). In addition, the price has exceeded ADR high and in my H4 chart a pin bar rejected RN 1.3050 very clear.

Thanks again for your help.
Attached Image (click to enlarge)
Click to Enlarge Name: au2 8.2.2013.gif Size: 24 KB
Accept as it is being!
  • #19,707
  • Feb 8, 2013 10:19pm Feb 8, 2013 10:19pm
Dear Lovebees,

Please look at the below charts. This is the entry (EU Friday NY) of a Master - Imi.
Please ask yourself: Is it basic setup? Why did he enter here? Where is his initial SL?


http://www.forexfactory.com/attachme...0&d=1360347053

http://www.forexfactory.com/attachme...1&d=1360347098

PS.
Dear Imi,
Please forgive me to post your charts here without asking your permission.
Accept as it is being!
  • #19,708
  • Feb 9, 2013 1:13am Feb 9, 2013 1:13am
This system has been available for nearly a year now. I RESPECTFULLY ask ---is anyone making consistent profits using it exactly as it is outlined in the first post?
By consistent I mean plus 5% return per month for at least 8 months with negative months being not much more than 5% and not risking more than 2% per trade.
Really appreciate any reply.
We are all One. Be present. Be the Observer
  • #19,709
  • Feb 9, 2013 4:50am Feb 9, 2013 4:50am
Quoting emmanuel7788
Exactly like what Vantage already mentioned, we must always look at higher TF and also identify signicant historical Support and Resistance. RN 1.2800 is significant S&R.

If you look at H1, PA pullback from Prev D 127%, with two consecutive H1 bullish candles breaking above RN 1.2800. PA Momentum is UP.
Although, the M15 chart shows 10EMA below 200EMA ..., but PA show you something different.
Also, H1 TDI PL is above TSL and just cross above MBL.
TDI M15 is above MBL and MBL is rising

Edit: If you just want 10 pips per day, it is easy. Just...
Hi Emmanuel7788,

I know this is not part of this forum , but if you dont mind iīd like to ask you if what you mean by this "If you just want 10 pips per day, it is easy. Just scalp the H4 High-Low break" is breakouts of the previous H4 real bodies??

Thank you and enjoy your weekend.

Helee
  • #19,710
  • Feb 9, 2013 5:04am Feb 9, 2013 5:04am
Quoting Iamfx
This system has been available for nearly a year now. I RESPECTFULLY ask ---is anyone making consistent profits using it exactly as it is outlined in the first post?
By consistent I mean plus 5% return per month for at least 8 months with negative months being not much more than 5% and not risking more than 2% per trade.
Really appreciate any reply.
The thread originator had a thing about not changing the 1st post to accommodate developments. He is no longer around to make changes, got ticked off with trouble makers. Makes it a tough one to answer as most have moved on as you would see from charts posted recently.

Its a trend following system, chuck in some trading basics and its hard to beat the underlying concept.
  • #19,711
  • Feb 9, 2013 5:05am Feb 9, 2013 5:05am
Quoting Iamfx
This system has been available for nearly a year now. I RESPECTFULLY ask ---is anyone making consistent profits using it exactly as it is outlined in the first post?
By consistent I mean plus 5% return per month for at least 8 months with negative months being not much more than 5% and not risking more than 2% per trade.
Really appreciate any reply.
Hi Iamfx,

I am still a raw newbie, but i can see that we definitely can make those profits you mention, the only problem that we dont make, is because we still didnt control our emotions, our impulsive, and our fear, as we start to loose money, when we see those good setups we dont have the confidence to make proper decisions, but with our experience of these continuous mistakes, we will learn and on top of everything we have great help from people that can spend their valuable time to give us free advice, what more can we expect?

Everything depend on us, we dont make money because we still keep on making the same mistakes over and over,,,,,, until we learn and overcame them.

Even with our mistakes we share our knowledge we the fellow newbies.. and helps to speed up our learning curve, is proven that we learn more from teaching than from only reading, so we all should effectively participate on this brotherhood that has been created by Arjun and continuously been kept on moving by our Seniors Members.

Take care and be good.

Helee
  • #19,712
  • Feb 9, 2013 10:55am Feb 9, 2013 10:55am
Quoting pkimnyc
Or play the Asia range.... Doesn't quite add up though... Usual sl 10-15 pips, plus the spread.... For 10 pips?
Hi Pkimnyc,
Do mind explain a little bit more about Asia range and how you trade that please?

Thank you
Mike
Failure, is a wonderful teacher!
  • #19,713
  • Feb 9, 2013 11:06am Feb 9, 2013 11:06am
Quoting mike1349
Hi Pkimnyc,
Do mind explain a little bit more about Asia range and how you trade that please?

Thank you
Mike
asia typically forms consolidations. corrective nature move of the preceding trend during low liquidity environment. when the liquidity picks up, it often reverses. to answer your question regarding trading in range, i don't trade during that phase. for me personally, it's not worth the effort.
  • #19,714
  • Feb 9, 2013 7:13pm Feb 9, 2013 7:13pm
Quoting Vantage
The thread originator had a thing about not changing the 1st post to accommodate developments. He is no longer around to make changes, got ticked off with trouble makers. Makes it a tough one to answer as most have moved on as you would see from charts posted recently.

Its a trend following system, chuck in some trading basics and its hard to beat the underlying concept.
Thanks for replies Vantage and Helee. Vantage I sent you pm
We are all One. Be present. Be the Observer
  • #19,715
  • Feb 10, 2013 7:37am Feb 10, 2013 7:37am
Nine months ten days

Master Arjun started this thread on 02/03/2012 (first post) and leaved the thread on 12/12/2012 (final post). The duration is 9 months and 10days.

Does it have any meaning?
Accept as it is being!
  • #19,716
  • Feb 10, 2013 3:16pm Feb 10, 2013 3:16pm
Quoting Vnfx
Nine months ten days

Master Arjun started this thread on 02/03/2012 (first post) and leaved the thread on 12/12/2012 (final post). The duration is 9 months and 10days.

Does it have any meaning?
http://forums.kleientertainment.com/...118999&thumb=1
What is any ocean but a multitude of drops?
  • #19,717
  • Feb 10, 2013 7:32pm Feb 10, 2013 7:32pm
Wishing Everyone a Happy and Prosperous Lunar New Year
http://www.forexfactory.com/attachme...1&d=1360546201

Note: Asian markets are closed and Tokyo bank holiday.

With Best Wishes
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,718
  • Feb 10, 2013 8:03pm Feb 10, 2013 8:03pm
Quoting emmanuel7788
Wishing Everyone a Happy and Prosperous Lunar New Year
http://www.forexfactory.com/attachme...1&d=1360546201

Note: Asian markets are closed and Tokyo bank holiday.

With Best Wishes
EMMANUEL
http://behance.vo.llnwd.net/profiles...a56680ab1a.jpg
Accept as it is being!
  • #19,719
  • Feb 11, 2013 7:13pm Feb 11, 2013 7:13pm
Quoting Vnfx
Dear Lovebees,

Please look at the below charts. This is the entry (EU Friday NY) of a Master - Imi.
Please ask yourself: Is it basic setup? Why did he enter here? Where is his initial SL?


http://www.forexfactory.com/attachme...0&d=1360347053

http://www.forexfactory.com/attachme...1&d=1360347098

PS.
Dear Imi,
Please forgive me to post your charts here without asking your permission.

IMO, that is not the BASIC SETUP.
The direction of the trend of that moment is correct. 10EMA below 50EMA below 200EMA.
That is a BOUNCE off the 50EMA and RN.
That entry point is risky as the previous M15 candles which form the H1 candle is bullish ( strong pullback). There also indication of a bearish H4 candle which has not close yet.
Normally I prefer to see both a H1 close and a H4 candle close to see if I can get an entry at fib-r of 38% and 50%.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,720
  • Feb 11, 2013 7:20pm Feb 11, 2013 7:20pm
Quoting Helee
Hi Emmanuel7788,

I know this is not part of this forum , but if you dont mind iīd like to ask you if what you mean by this "If you just want 10 pips per day, it is easy. Just scalp the H4 High-Low break" is breakouts of the previous H4 real bodies??

Thank you and enjoy your weekend.

Helee
Hi Helee,

Sorry for this late reply. We have holidays here in Asia celebrating the Lunar New Year so I was not active trading yesterday.

Regarding trading the H4 High-Low breakout, it is momentum scalping on M5 which we do not discuss ijn this thread. It uses the OHLC of the H4 candle as the support and resistance. Similar application of the 10/50/200EMAs and taking the trade off the H4 candle momentum above or below the 10EMA.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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