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  • #141
  • Aug 9, 2013 3:20pm Aug 9, 2013 3:20pm
Quoting Lensok
Could you please explain me how I could have prevent this kind of failure ? I feel like there is something that I am not monitoring properly. Thanks.
Hi Lensok,

Not sure its possible to prevent losing a trade. Only minimise the loss when you do.

Looking at your chart price had been in a steady climb all day (the last three days actually) so I would have been extra careful about trading against that.

Your right though that it meets a lot of the rules of the system. Dot then TDI cross, MACD change of direction. It is late in my trading hours and particularly on a Friday when volume is stopping.

Also If you look at a 1hr chart there was no candle colour change which if I was trading at that time I hope would have kept me out.

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Other than that sometimes you just have to say it didn't work and look for the next trade. There's plenty that do.
We're all just one trade away from humility.
  • #142
  • Aug 12, 2013 2:43pm Aug 12, 2013 2:43pm
One trade today:-

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Entered sell once price broke support level.


Held on until sun and TDI cross for 40 pips.
We're all just one trade away from humility.
  • #143
  • Aug 13, 2013 6:23am Aug 13, 2013 6:23am
Quoting Lensok
Hello Drewas, thanks for sharing your system. I tested it for a couple of weeks, did mistakes, hopefully learned from them to become more efficient. But there are still mistakes that I cannot explan like this one : {image} Could you please explain me how I could have prevent this kind of failure ? I feel like there is something that I am not monitoring properly. Thanks.
Lensok

Only my 5 cents. A clear uptrend was established. A series of Higher Highs and Higher Lows. In that instance it is better to take the signals for a long trade.
Support was to close for comfort. Don`t know that moving aveage 5EMA ? that appears on your chart but it acted as support all the way up.
  • #144
  • Aug 19, 2013 3:46pm Aug 19, 2013 3:46pm
Haven't traded for bit.

Took one earlier today :-

Attached Image (click to enlarge)
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Entered after dot and TDI cross. Held when price retracted from new dot and TDI hooked for 50 pips.
We're all just one trade away from humility.
  • #145
  • Aug 20, 2013 11:27am Aug 20, 2013 11:27am
Does anyone use the sun indicator aka #4X 3 Semafor Alert.ex4 indicator on the daily timeframe? It seems like most are using it on the H1 timeframe. Also I know the sun repaints, is there a certain amount of candles it stops repainting? In other words after a full sun appears with red or white trim around it, after 2, 5, or even 10 candles do I have to worry about repainting?
  • #146
  • Aug 20, 2013 12:50pm Aug 20, 2013 12:50pm
Quoting 4xplosion
Maybe you can try this one......it doesn't repaint..... {file} {file}

Anyone have any good experience with the non repainting indicataor tried it, not sure what to think yet.
  • #147
  • Aug 20, 2013 1:25pm Aug 20, 2013 1:25pm
Quoting Drewas
Haven't traded for bit. Took one earlier today :- {image} Entered after dot and TDI cross. Held when price retracted from new dot and TDI hooked for 50 pips.

Hi drewas thnx for sharing your system im just wondering have you done any backtest with your system?









possible to show the chart
  • #148
  • Aug 20, 2013 1:42pm Aug 20, 2013 1:42pm
Quoting Drewas
{quote} Cheers treguard. I view it like a league table with the dots. {image} Warning! Do not use the dots on their own, I use TDI cross, MACD and/or price action for confirmation.

Hi Drewas
I have been using same semafor indicator
One thing everyone should know red sun or white sun is highest high for that particular time.It does not mean it can't go higher or lower.
I understand that is why you have TDI and MACD for confirmation.
Well done cheers
In trading, you have to be defensive and aggressive at the same time
  • #149
  • Aug 20, 2013 1:48pm Aug 20, 2013 1:48pm
Quoting DrNoStopLoss
Does anyone use the sun indicator aka #4X 3 Semafor Alert.ex4 indicator on the daily timeframe? It seems like most are using it on the H1 timeframe. Also I know the sun repaints, is there a certain amount of candles it stops repainting? In other words after a full sun appears with red or white trim around it, after 2, 5, or even 10 candles do I have to worry about repainting?

this repaint issue keeps popping up all over FF
Semafor is basically calculating Highest High for that particular TF and since price is in constant movement "repainting " is necessary to reflect new HH
So in my opinion repainting issue is misguided.Just look at the price.Has it made higher High? or LL then you will know your answer without even semafor
regards
In trading, you have to be defensive and aggressive at the same time
  • #150
  • Edited 2:27pm Aug 20, 2013 2:03pm | Edited 2:27pm
You said it repaints based on what TF you select. Is this done daily? So it will repaint the new high for a 1H chart on a daily basis or until the next high or low since that last one? If it is since the last one and you put on D1 chart it may not repaint for many weeks or even months, if it is like this.



Why are there no new full sun painted where the red arrows are? These are all new HH since last painted red sun. If you say because "maybe it was there than it repainted to where the red run is now" than the question is why did the first full red sun stay? and why is the second one staying, but not the full suns where the new HH is on where the red arrows are? Anyone question this indicator? Just wondering looks like it would be a great indicator, just trying to figure out how this works exactly. Many thanks for your input.
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  • #151
  • Aug 20, 2013 3:09pm Aug 20, 2013 3:09pm
Quoting Davit
{quote} this repaint issue keeps popping up all over FF Semafor is basically calculating Highest High for that particular TF and since price is in constant movement "repainting " is necessary to reflect new HH So in my opinion repainting issue is misguided.Just look at the price.Has it made higher High? or LL then you will know your answer without even semafor regards
Hi Davit

Couldn't have put it better (and clearly didn't earlier ).

The indicator changes just like the market changes, for me its a guide to keep me the right side of a trade.

Those who says it repaints so I wont use it. Are you using an indicator that was accurate and gave you a signal 1, 2, 10 or 20 bars ago? Things have changed since then.
We're all just one trade away from humility.
  • #152
  • Aug 20, 2013 3:12pm Aug 20, 2013 3:12pm
Hi Drewas,

I don't mind the repainting trust me, I think this is a great indicator just trying to make sense of how it works. Any help would be great to my previous post. Many thanks and much respect.
  • #153
  • Aug 21, 2013 12:14am Aug 21, 2013 12:14am
Quoting Drewas
{quote} Hi Davit Couldn't have put it better (and clearly didn't earlier ). The indicator changes just like the market changes, for me its a guide to keep me the right side of a trade. Those who says it repaints so I wont use it. Are you using an indicator that was accurate and gave you a signal 1, 2, 10 or 20 bars ago? Things have changed since then.

drewas is it possible to post your entry with a chart on it before the price moves ? thnx
  • #154
  • Aug 21, 2013 3:07am Aug 21, 2013 3:07am
Quoting Forexbuster
{quote} drewas is it possible to post your entry with a chart on it before the price moves ? thnx
Hi ForexBuster,

I will try and post one. I don't trade every day and when I do its whilst doing a proper job so I don't always have time to trade and post at the same time.

I have a trade open at the moment I entered at the TDI cross on EUR/USD earlier this morning. 31 pips up at the moment.
We're all just one trade away from humility.
  • #155
  • Edited 10:57am Aug 21, 2013 9:14am | Edited 10:57am
Quoting Drewas
{quote} Hi ForexBuster, I will try and post one. I don't trade every day and when I do its whilst doing a proper job so I don't always have time to trade and post at the same time. I have a trade open at the moment I entered at the TDI cross on EUR/USD earlier this morning. 31 pips up at the moment.

thnx for your response drew I understand you got a busy schedule but is it possible you just tell us what price you took that trade on that day and then when you have time can you post your chart where you took the trade and why you took the trade pls..

thnx in advance

whats the TP and Sl you use ?
  • #156
  • Aug 26, 2013 9:53am Aug 26, 2013 9:53am
Quoting DrNoStopLoss
You said it repaints based on what TF you select. Is this done daily? So it will repaint the new high for a 1H chart on a daily basis or until the next high or low since that last one? If it is since the last one and you put on D1 chart it may not repaint for many weeks or even months, if it is like this. Why are there no new full sun painted where the red arrows are? These are all new HH since last painted red sun. If you say because "maybe it was there than it repainted to where the red run is now" than the question is why did the first full...
Does anyone have a post to #151? I am just curious how this indicator works and it has not been discussed on here. Wondering why I am the only one asking here. Any thoughts would help. This is very similar to zig zag indicator.
  • #157
  • Aug 26, 2013 10:37am Aug 26, 2013 10:37am
Hi Doctor,

I believe there are no suns because the move up isn't complete. Draw lines between the suns and you will have your answer or your zigzags .

Hope that helps.
We're all just one trade away from humility.
  • #158
  • Aug 26, 2013 11:09am Aug 26, 2013 11:09am
Quoting Drewas
Hi Doctor, I believe there are no suns because the move up isn't complete. Draw lines between the suns and you will have your answer or your zigzags . Hope that helps.
I think it does. Thanks for your help. If you take the weak suns out, this is an exact replica of the zig zag indicator. Looks good.
  • #159
  • Aug 26, 2013 3:20pm Aug 26, 2013 3:20pm
Hi Drewas,

What setting do you use for Heiken Ashi? Thanks.
  • #160
  • Aug 29, 2013 2:39pm Aug 29, 2013 2:39pm
Just the default ones.
We're all just one trade away from humility.
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