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  • #10,661
  • Mar 9, 2013 6:47am Mar 9, 2013 6:47am
Quoting Empowers
Are people here still using the SHI Channel? I took a look at the MTF posted in the last post of the first page, but the daily channel doesn't even make a lick of correlation on the chart compared to the actual channel that's there. (I'm looking at the EU in particular)

The yellow is the 4H channel, which looks, alright, but see the orange for the daily channel?



The post at the start of the thread says that using the daily channel it holds better, but it's the opposite to the 4H channel
No, I dont use that SHI.
I tested using the SHI channel indicator. Never got to understand how it was programmed, and it make a new channel under certain price movements. So lessons learn is ... do not trade with other people' indicators without full knowledge why it was build in the first place. Build my own custome indicator to tell me when I look for.
I prefer drawing my own H4 and D channel on all my charts following the price swings and waves with the TDI as my guide.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,662
  • Mar 9, 2013 10:35am Mar 9, 2013 10:35am
Great members and loves of X-man 4H Super Simple System, I just tried to come online today as against me plan only to discover that our popular and profitable system has been moved to Trading Discussion. I guess it has drawn a lot of people within 3 days of its inception.

Pls, click this link it will lead you to the place http://www.forexfactory.com/forumdisplay.php?f=11

See you later next week guys!!!
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #10,663
  • Mar 9, 2013 10:45am Mar 9, 2013 10:45am
Hy guys, I've been studying forex for some time now, but still got much to learn. So how is X-man's S3 system working out for you? Did you become succesful in forex because of it? how far have you come because of this great thread and all the help from experienced traders?
  • #10,664
  • Mar 9, 2013 8:56pm Mar 9, 2013 8:56pm
Indicator help..

Hi ya Every one..

Could some one please point me towards which indi Phx62 used to have the Pair, Time Frame and spread show up in the top left corner also it seems to have removed the MT4 written stuff in that top left corner which I prefer http://www.forexfactory.com/showthre...28#post6479528
I have found one in here but only shows the Pair and Spread would like to see TF showing also for quick reference when flicking through charts for trades.. or is it a case we have to modify the indi which I have no clue on..

Appreciate any help please

Cheers,
Adrian
  • #10,665
  • Mar 10, 2013 12:19am Mar 10, 2013 12:19am
HI Ramjet,

This is an indicator that i use. You can change color, size and position.
I hope it helps.


Have a good day.


Steve
Attached File(s)
File Type: ex4 Display symbol and timeframe.ex4   11 KB | 355 downloads
File Type: mq4 Display symbol and timeframe.mq4   78 KB | 514 downloads
  • #10,666
  • Mar 10, 2013 12:59am Mar 10, 2013 12:59am
Quoting itrade44
HI Ramjet,

This is an indicator that i use. You can change color, size and position.
I hope it helps.


Have a good day.


Steve
Hi ya Steve..

Great!..thanks for your help with this

Cheers,
Adrian
  • #10,667
  • Mar 10, 2013 1:20am Mar 10, 2013 1:20am
The default info is turned off, I had to turn it back on when I was making my template using the 4H template from default:

http://content.screencast.com/users/...03-10_1745.png
I also use an indi as well, looks like this:
http://content.screencast.com/users/...03-10_1747.png
Attached if you want it
Attached File(s)
File Type: ex4 ultimasecret-9.ex4   6 KB | 513 downloads
  • #10,668
  • Mar 10, 2013 3:52am Mar 10, 2013 3:52am
Quoting Empowers
The default info is turned off, I had to turn it back on when I was making my template using the 4H template from default:

http://content.screencast.com/users/...03-10_1745.png
....
somethings the MT4 user manual don't tell you.

Try press CTRL+H ... it does the same thing quicker than mouse click.

Have fun playing with your CTRL and keys from A to Z.
when you are done, ....
try CTRL+ALT + {key} . Tell me which combination delete all your saved charts profile.
Don't say I didn't warn you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,669
  • Mar 10, 2013 4:52am Mar 10, 2013 4:52am
Lol really? Some evil computer engineer somewhere is cackling

Quoting emmanuel7788
somethings the MT4 user manual don't tell you.

Try press CTRL+H ... it does the same thing quicker than mouse click.

Have fun playing with your CTRL and keys from A to Z.
when you are done, ....
try CTRL+ALT + {key} . Tell me which combination delete all your saved charts profile.
Don't say I didn't warn you.
  • #10,670
  • Mar 10, 2013 8:52am Mar 10, 2013 8:52am
It's my 1st post at FF I'm seeking help regarding an open sell trade on EUR/USD I opened the trade near 1.30000 on TF 4H but at the weekly close the price came back to the 1.30000 level again what do you think about this trade is the price going to move to the TP or the pull back would keep going to hit the SL?
Your help will be highlt appreciated.
http://im32.gulfup.com/VAtzH.png
  • #10,671
  • Mar 10, 2013 3:06pm Mar 10, 2013 3:06pm
Hey guys,

I have started the TMS for the 4H timeframe. Ill be posting on the TMS thread. Any advice appreciated
  • #10,672
  • Mar 10, 2013 4:55pm Mar 10, 2013 4:55pm
Quoting darker83
It's my 1st post at FF I'm seeking help regarding an open sell trade on EUR/USD I opened the trade near 1.30000 on TF 4H but at the weekly close the price came back to the 1.30000 level again what do you think about this trade is the price going to move to the TP or the pull back would keep going to hit the SL?
Your help will be highlt appreciated.
http://im32.gulfup.com/VAtzH.png
Hi,

Well, I am sure you have a trade plan for this trade. Now you need to manage according to your trade plan - exit rules.
Take the Red pill. Let the market decide.

Trade Well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,673
  • Mar 10, 2013 5:04pm Mar 10, 2013 5:04pm
Quoting tenmilewalk
Hey guys,

I have started the TMS for the 4H timeframe. Ill be posting on the TMS thread. Any advice appreciated
Hi,

IMHO, both threads ... X-Man's S3 and Eelfranz' TMS are good for 4-hour trading.
TMS being the source where trading made simple started from.

If you ask me which one is simpler, I pick TMS for 4H trading and you trade the Big E way.

But, if you are more into Price Action and channel trading, I'll pick S3 H4.

Trade Well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,674
  • Mar 10, 2013 5:14pm Mar 10, 2013 5:14pm
hello emmanuel, thank you. I am more of a PA and channel trader. Following your advice, I will start with the TMS first since it is easier. It is more beneficial for me since i am only testing the waters. After being able to use tms more effectively, Ill move into the S3 4H
  • #10,675
  • Mar 10, 2013 5:19pm Mar 10, 2013 5:19pm
Quoting tenmilewalk
hello emmanuel, thank you. I am more of a PA and channel trader. Following your advice, I will start with the TMS first since it is easier. It is more beneficial for me since i am only testing the waters. After being able to use tms more effectively, Ill move into the S3 4H
Believe me ... When you achieve success and consistent profitability trading Big E' TMS way you won't come back to S3 H4.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,676
  • Mar 10, 2013 6:32pm Mar 10, 2013 6:32pm
Quoting emmanuel7788
Hi,

Well, I am sure you have a trade plan for this trade. Now you need to manage according to your trade plan - exit rules.
Take the Red pill. Let the market decide.

Trade Well!
Thank you for your reply,
My exit rules embodies in the SL and hopefully the price will hit the TP 1st.
  • #10,677
  • Mar 11, 2013 2:29am Mar 11, 2013 2:29am
EU H1 11 Mar

Beware of Frankie close as pullback candle...another 30mins to LO.
Tokyo close one hour after LO.
Pay attention to every market session open and close when day trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,678
  • Mar 11, 2013 2:34am Mar 11, 2013 2:34am
I live in vancouver. Daylight savings seems to have tilted the time zones a bit. It is 12:33 am PST right now and 7:33 on MT4 (im asusming its GMT). London is still open at 8 right? and New york at 12:00?
  • #10,679
  • Mar 11, 2013 2:46am Mar 11, 2013 2:46am
London is currently equal to GMT, opening around 8:00am. But movement tends to start from 6:00am onwards.

New York has now moved to Daylight Time as of today. So New York now begins at 12:00PM GMT

Quoting tenmilewalk
I live in vancouver. Daylight savings seems to have tilted the time zones a bit. It is 12:33 am PST right now and 7:33 on MT4 (im asusming its GMT). London is still open at 8 right? and New york at 12:00?
  • #10,680
  • Mar 11, 2013 2:53am Mar 11, 2013 2:53am
Quoting tenmilewalk
I live in vancouver. Daylight savings seems to have tilted the time zones a bit. It is 12:33 am PST right now and 7:33 on MT4 (im asusming its GMT). London is still open at 8 right? and New york at 12:00?
Well, i like it now as London and NY overlap is one H4 candle. ... until the UK make the DST adjustment.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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