Sonic R. System | Page 3111 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #62,201
  • Nov 16, 2013 11:10am Nov 16, 2013 11:10am
Quoting traderathome
{quote} The Answer: PVSRA! Yes, I only said it "could be". And it was. What were the clues? They were: a quick rise and with high volumes at the top. All you had to do was view M1 and do the PVA (Price Volume Analysis) and then note where they took the price; above a half number S&R. Now you have PVSRA (Price Volume Support Resistance Analysis). A precept of PVSRA is that MMs prefer to sell (close longs and/or open shorts) above key S&R levels, and half and whole numbers are very important natural S&R levels. ...........Pump & Dump! {image}

This guy knows his stuff.

Best pay attention.
What is any ocean but a multitude of drops?
  • #62,202
  • Edited 12:52pm Nov 16, 2013 12:34pm | Edited 12:52pm
Quoting JRissa
{quote} I'm little conserned about this ultrahigh volume candle with really long wick at swing high... That was the reason I took my profits already. My opinion is, that there wasn't enough pressure (yet?) to blast through this resistance. There were no reloading/supporting volume on next lows either, so it makes me think that the plan might have changed and MM's took their money out. So I'm flat on EU until I see next clear signs... {image}
JRissa,

Your point is well explained and well taken. I guess my thinking is as follows.

This last hike actually made it thru the whole number. The other two did not. This time, during the very powerful US open part of the London session, the MMs were genuinely going long, but they made their last part of the drive go up thru the whole number and quickly recede in order to make it look like they were closing their longs. What they might actually have been doing was getting the higher priced pending shorts executed and into the market,....out of the way so they won't interfere with momentum when the real drive up comes. And, it is normally considered that if the price moves up in late Friday after hours, it can be a sign of the bear coming the next week. Here too, this might be different and just another move back up to re-clean out any newly placed pending short orders. If this is the case, this price area represents a lot of buying by the MMs, which in turn implies the run up will be a decent one, even measured from these highs.

Also, note on the H1 chart that the Dragon has crossed above the Trend, and that subsequently there have been two pullbacks down thru the Dragon, even thru the Trend, followed by strong, quick recoveries. To me, these two pullbacks below the half number SR is a PVSRA indication the MMs are bulls buying to open longs, and because their buying at lows is consistent with the trend up, the trend up can be considered still young.

Yes, the MMs could have been closing their longs. It just seems to me that if that were the case, then the MMs went thru a lot of work over the last few days for not even 75 pips gain, even less on the average. It could be the case, though. We will just have to wait and see. I left my two EU trades running.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: image.jpg Size: 158 KB
Click to Enlarge Name: nov 2013 - 096.png Size: 64 KB
Click to Enlarge Name: nov 2013 - 097.png Size: 63 KB
  • #62,203
  • Edited 4:39pm Nov 16, 2013 4:07pm | Edited 4:39pm
Quoting Dj_jimmy
anyone know how I can do this? {image}
Open Sonic Control Panel in meta editor.

Firstly find code lines:
----------------------------------------------------------------------------------------------------------
//Panel - Make Labels
MakeLabel( item1, 0, 0); //Box1 distance
if(Show_Clock_in_Panel) {MakeLabel( item2, G, 0);} //Box2 distance
MakeLabel( item7, 0,2); //ID&TF distance
MakeLabel( item8, 27,19); //Spread distance
MakeLabel( item9, 27,29); //Range distance
MakeLabel( item0, 27,39); //Swap distance
MakeLabel( item10, 27,49); //Time distance
MakeLabel( item11, 7,60); //Price1 distance
if(Use_For_Forex)
{
if(__Use_Full_Size_Fractional_Pip) {MakeLabel( item20, 7,60);} //Price2 distance
else {MakeLabel( item20, 7,61);}
}
MakeLabel( item12, 147,2); //Logo1 S distance
MakeLabel( item13, 148,15); //Logo1 O distance
MakeLabel( item14, 148,26); //Logo1 N distance
MakeLabel( item15, 149,40); //logo1 I distance
MakeLabel( item16, 148,50); //Logo1 C distance
MakeLabel( item17, 147,64); //Logo1 R distance
----------------------------------------------------------------------------------------------------------
You just need to change x and y distance. Red is marked as x-distance, black is y-distance.

Time and place distance:

FLAG_match = false;
FLAG2_match = false;
LineSpacing = 11;//12
top = 3; //vertical start text
offset= 0; //vertical "LineSpacing" additions to "top" per line of text
time = 180; //horizontal start time (same for 24hr and am/pm times), 140
place = 215; //horizontal start location (if using 24hr format), 177

Moving FFCal panel:

Edit FFCal panel
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.armh1.png Size: 32 KB
Whatever is obvious is obviously wrong!"
  • #62,204
  • Nov 16, 2013 4:46pm Nov 16, 2013 4:46pm
Thankyou so much tah...


firstly for replying, again for such a good explanation and again for actually taking the time to reply in such detail


I realised where I went wrong when you brought up the weekly candle/chart a mistake fully on my side and something pretty important that I let slip and totally forgot about or in just such eagerness to join in early that ended up me trading in the wrong direction 7 p's come to mind here on my part that was not obeyed


pre planning preparation prevents piss pore performance


I shall pick my self up, shake of the dust and take my mistake on the chin having been so daft in letting such an important part lapse my memory and leaving it out of the equation.


Truly appreciated, and thankyou again




fd




Quoting traderathome
{quote} forexdancer, Let me comment on both by commenting on AUDNZD, since I have not looked at that one in a long time. Personally, I don't like to trade higher spread pairs like this one. It is just my way of not giving business to brokers in areas that I feel they are abusive. Since I have not looked at this one recently, I should have no bias. It is all to easy to look at charts after the fact and say this or that is obvious. I will try to get to the heart of the problem as I see it. Ok, here we go.....




  • #62,205
  • Nov 17, 2013 7:22am Nov 17, 2013 7:22am
Are You guys/girls still using the SHI channel indicator to determine trend?
  • #62,206
  • Nov 17, 2013 8:35am Nov 17, 2013 8:35am
Quoting Deitreider
Are You guys/girls still using the SHI channel indicator to determine trend?
No. Your eyes do the same work
Whatever is obvious is obviously wrong!"
  • #62,207
  • Edited 9:44am Nov 17, 2013 9:20am | Edited 9:44am
Quoting Deitreider
Are You guys/girls still using the SHI channel indicator to determine trend?
You could have answered your own question simply by looking at the posted trades of those making money: sonicdeejay, loeil, fex, JRissa, etc.
  • #62,208
  • Nov 17, 2013 9:24am Nov 17, 2013 9:24am
Quoting ravs_avs
{quote} Will this reach my TP ??? {image}
Sorry, but I have to say the question is a stupid one! If you have bothered at all to be reading this thread then you'd full well know we cannot know how price will move,........EVER! As soon as you start to think otherwise, you are taking a step backwards as an adult trader.

Also, you are using an outdated template with indicators that have since been upgraded to correct errors! Why would you do that?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 42 KB
  • #62,209
  • Edited 10:12am Nov 17, 2013 9:31am | Edited 10:12am
!!! ATTENTION !!!

To All Sonicers,

Post #1 is the place, the only place to go to obtain the latest releases of TAH indicators and templates! Do not use the "paper clip" to search for them. Why? Simple. New upgrades are to correct and improve. I do not provide upgrades just for the pleasure of going thru the work to do so! If you are not using the latest releases, then you are using indicators with errors in their coding (Hint: if your template shows a blue background to the Control Panel, or "VSA" in the volume sub-window, then you are not using the latest.). Get smart and upgrade per the link in post #1.

Post#1 of any well organized thread is the "Home Page" to find all the important foundation information and links to other important stuff. Anyone that is familiar with the Forex Factory threads knows this. And most folks that first come to Forex Factory have enough common sense to check out the post#1 of any thread they think they are interested in. Only God knows why some folks do not have the brains to do this, yet apparently think they have enough brains to become a profitable trader!

Ok, having gotten my good natured comment for the new week out of the way, I earnestly recommend everyone be on the same page and be using the latest upgrades (You too, Master Sonicdeejay).

-tah
  • #62,210
  • Nov 17, 2013 2:31pm Nov 17, 2013 2:31pm
Tah,

My broker released new version of MT4 and after installing it I don't see whole,half,quarter lines, also no bid line anymore. Can you give a little advice?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2013-11-17 at 10.27.28 PM.png Size: 72 KB
Whatever is obvious is obviously wrong!"
  • #62,211
  • Nov 17, 2013 3:53pm Nov 17, 2013 3:53pm
Quoting loeil
Tah, My broker released new version of MT4 and after installing it I don't see whole,half,quarter lines, also no bid line anymore. Can you give a little advice? {image}
loeil,

Exactly what is the new version number for the MT4 new release you just installed, loeil? Please post this info ASAP. Then, let me know what the situation is once your live feed starts for the new week.
  • #62,212
  • Nov 17, 2013 4:06pm Nov 17, 2013 4:06pm
Quoting traderathome
{quote} loeil, Exactly what is the new version number for the MT4 new release you just installed, loeil? Please post this info ASAP. Then, let me know what the situation is once your live feed starts for the new week.
With live feed came all the lines and bid line ..funny..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.armm15.png Size: 28 KB
Whatever is obvious is obviously wrong!"
  • #62,213
  • Nov 17, 2013 6:20pm Nov 17, 2013 6:20pm
Quoting loeil
{quote} With live feed came all the lines and bid line ..funny.. {image}
loeil,

I can only guess about this. My guess is, since you said they issued an upgrade from Metaquotes, that maybe they purged their last datum from Friday....set everything to null in preparations for the start of the new version at the start of the new week data feed. I do not know why they would have to do this, but maybe that is a constraint of the initial startup of the new version. If they purged last datum, then naturally there would be nothing for the indicators on the upgrade platform to work with. Had you not upgraded, the last datum from Friday would have continued to display since it was within your MT4 computer files, which they did not purge. But when you upgraded all the files were replaced, and maybe the new datum files were null until the new week data feed started.
  • #62,214
  • Nov 17, 2013 8:34pm Nov 17, 2013 8:34pm
Hi all, this is my first post on the forums after lurking around a little while.
After reading about the SonicR system I downloaded V3 and tried it out today on my demo account with the AUD/USD.
I took a buy at the opening of the current candle seen in the attached screenshot below.
Attached Image (click to enlarge)
Click to Enlarge Name: 1ktPz.png Size: 52 KB

I was hoping to get some confirmation as to if what I took was a correct signal or not.
Probably worth noting I was successful in reaching my TP of 50 pips at FIBO R1.
Something I'm also wondering is when looking for the lows below the dragon, do these candles also need to be closes below, or is just a wick acceptable in this case?
Much thanks for taking the time to have a look and any advice and answers would be greatly appreciated.
  • #62,215
  • Nov 17, 2013 9:16pm Nov 17, 2013 9:16pm
Quoting traderathome
{quote} EU Long Trade Update: Entered long Scout #2 after pull back downwards. Only looking for what the rest of the day brings on this one, but might change my mind if something strange happens in off hours that looks good for the trade. {image}
EU Long Trade Update: Entered long #3, a Classic, but before LS and so with higher risk. Tweaked TP.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 2013 - 098.png Size: 62 KB
  • #62,216
  • Edited 9:47pm Nov 17, 2013 9:18pm | Edited 9:47pm
Quoting SaiLyfee
Hi all, this is my first post on the forums after lurking around a little while. After reading about the SonicR system I downloaded V3 and tried it out today on my demo account with the AUD/USD. I took a buy at the opening of the current candle seen in the attached screenshot below. {image} I was hoping to get some confirmation as to if what I took was a correct signal or not. Probably worth noting I was successful in reaching my TP of 50 pips at FIBO R1. Something I'm also wondering is when looking for the lows below the dragon, do these candles...
Advice? ok.

For you, I recommend you download the TAH indys/templates. It will also be better for us. The TAH indys/templates have everyone in mind. When you post and ask questions, we don't have to hunt and squint to see what pair, what TF, etc. It is all there bold and easy to see. So you see, when you upgrade you not only do yourself a favor, but you help everyone else that will be looking at your posted charts, now and into the future. That is what is intended and is just one of the reasons why so many traders favor this thread.

For sonic, when are you going to get rid of those outdated indys/templates at the bottom of post #1? How many people does this one make that has started off wrong, with templates using outdated indicators, due to you leaving them there? For the sake of all others that will be coming here, please remove them.

-tah
  • #62,217
  • Nov 17, 2013 10:42pm Nov 17, 2013 10:42pm
Ah, thanks very much for clearing that up, I've loaded them into my Metatrader and you're right they're much easier to see!
I'll be sure to study some more before asking questions, this seems like a promising strategy used correctly and the amount of work I can see had gone into it is amazing..look forward to hopefully being able to make some pips in the future
  • #62,218
  • Nov 17, 2013 10:55pm Nov 17, 2013 10:55pm
Quoting traderathome
{quote} EU Long Trade Update: Entered long #3, a Classic, but before LS and so with higher risk. Tweaked TP. {image}
I love this.
Attached Image (click to enlarge)
Click to Enlarge Name: 111.jpg Size: 160 KB
  • #62,219
  • Nov 18, 2013 12:04am Nov 18, 2013 12:04am
Quoting Gloryrose
{quote} I love this.{image}
Gloryrose,

Your post is worthless!

At least have enough consideration for the rest of us to post with template that clearly, and easy to see, shows the pair ID, TF, etc. The templates that do this are free here, so you have no excuse for posting this garbage chart. Nobody here wants to waste their time squinting to try and see what pair, what TF you have posted on! And when you post, post the whole damn chart. Don't crop it! Be considerate of others! There are plenty of good examples by others here that you can follow.

Also lost is the meaning of your post. If you have something to say that is meaningful, educational, or humorous, ......then say it!
Attached Image (click to enlarge)
Click to Enlarge Name: 111.jpg Size: 160 KB
  • #62,220
  • Nov 18, 2013 1:33am Nov 18, 2013 1:33am
Alrighty, I have a few things I need to ask that are still unanswered for me and any clarification about them would be so greatly appreciated and adhered to!
I feel these are things that are important in understanding in being able to test on a demo account and gain experience with, so...
First, being new with this strategy what do the different coloured bars mean?
Green, Blue, Red?
Secondly, how is the Sonic R VSA meant to be used with what is happening with PA on the charts?
And thirdly, which higher timeframe seems to work best in filtering out sideways movement suggesting its not a good time to be trading the 15M charts?
34 traders viewing now