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A delicate secret

  • #241
  • Jun 4, 2014 3:31am Jun 4, 2014 3:31am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Old_Dog
Good morning all! I posted the first chart below yesterday in Post 219. CAN YOU BELIEVE IT!!! Price returned almost to the pip to where our theory says it would!! See the 2nd chart below. I set a fairly aggressive short trade last night with a TP near the line. I have just crawled out of bed to find my TP has been hit!! I have put nearly 10% on account with just 3 trades in 2 days . I am now cautiously optimistic that we may have something very useful indeed here.... Best regards, Old Dog . {image} {image}
Congrats....yep I noticed that.

Not sure about this but I wondered if you could confirm if you see anything outstanding on EU M5? Possibly around 1.3622 ?
An expert is a man who has made all the mistakes which can be made
  • #242
  • Jun 4, 2014 3:31am Jun 4, 2014 3:31am
Hi All...I think I see it

I am not sure if it is exactly the same as the OP, or OD sees, but, it seems to be working it out, I have added my own twist though...and yes, it seems to be accurate throughout all time frames used...still testing.

Thanks to all those who contributed, it seems most powerful...

Cheers

H
  • #243
  • Jun 4, 2014 3:45am Jun 4, 2014 3:45am
Quoting Old_Dog
Good morning all! I posted the first chart below yesterday in Post 219. CAN YOU BELIEVE IT!!! Price returned almost to the pip to where our theory says it would!! See the 2nd chart below. I set a fairly aggressive short trade last night with a TP near the line. I have just crawled out of bed to find my TP has been hit!! I have put nearly 10% on account with just 3 trades in 2 days . I am now cautiously optimistic that we may have something very useful indeed here.... Best regards, Old Dog . {image} {image}
Hi O.D, nice work, looks great. I am guessing - correct me if wrong - the orange painted bars are UP bars and Green ones are Down?
  • #244
  • Jun 4, 2014 3:50am Jun 4, 2014 3:50am
Quoting d-ummy
@Old_Dog First I wanna thank you for posting your interesting charts, so we got some more to look at and compare to. Second, I'd like to ask something - I hope these questions won't ask for more than you are willing to reveal: Does "the simplest of Pure Price Action" mean that we are ONLY looking at the current TF (or are you using others too)? Does the generation of those green/orange bars only take into account the previous bars, or is it calculated using some of the future ones too? Regards, [ˈdʌmɪ]
Hi there!

Please remember that I am not privy to EURUSDD's secrets!! I only know what I was able to work out for myself. So I don't know if what we are doing is the same. All I can do is test my ideas and see if they work. Thus far, I am quite encouraged

In answer to your questions:

(1) I am not using MTF data. My code is taking data only from the current TF.

(2) If I had access to "future bars" I would not still be here. I would be on my yacht in the Bahamas. But.... seriously, I know what you are asking. No, I don't "peek" at future data. That leads to repainting indicators which are a waste of time. I use previous data only (and surprisingly recent data -- hint hint ).

BTW - Neio -- nothing obvious on the M5 near your level of interest.

Best regards,

Old Dog

.
  • #245
  • Jun 4, 2014 3:51am Jun 4, 2014 3:51am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Neio
{quote} Congrats....yep I noticed that. Not sure about this but I wondered if you could confirm if you see anything outstanding on EU M5? Possibly around 1.3622 ?

...and where is the price now...hmmmmm....
An expert is a man who has made all the mistakes which can be made
  • #246
  • Jun 4, 2014 3:54am Jun 4, 2014 3:54am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Old_Dog
{quote} Hi there! Please remember that I am not privy to EURUSDD's secrets!! I only know what I was able to work out for myself. So I don't know if what we are doing is the same. All I can do is test my ideas and see if they work. Thus far, I am quite encouraged In answer to your questions: (1) I am not using MTF data. My code is taking data only from the current TF. (2) If I had access to "future bars" I would not still be here. I would be on my yacht in the Bahamas. But.... seriously, I know what you are asking. No, I don't "peek"...

Hmmmm...thanks OD....maybe a level that your indicator did not pick up???
I think I have seen something but not 100%
An expert is a man who has made all the mistakes which can be made
  • #247
  • Jun 4, 2014 4:04am Jun 4, 2014 4:04am
Whoa, (40 traders viewing now). What an unseen activity in this thread. Old_Dog, your chart are really nice. I´m not sure but it looks like your "lines, or bars" are filled sooner than your line ends with an arrow. Or am I wrong?

Thanks and keep rocking
  • #248
  • Jun 4, 2014 4:08am Jun 4, 2014 4:08am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Neio
{quote} Hmmmm...thanks OD....maybe a level that your indicator did not pick up??? I think I have seen something but not 100%

Again not 100% sure...but still think there is unfinished business up there. Don't know for sure IF or WHEN it will return!
An expert is a man who has made all the mistakes which can be made
  • #249
  • Jun 4, 2014 4:23am Jun 4, 2014 4:23am
I *think* the size of the wicks and the body of the candle make a difference, or am I giving away to much here?

H
  • #250
  • Jun 4, 2014 4:23am Jun 4, 2014 4:23am
Quoting Neio
{quote} Congrats....yep I noticed that. Not sure about this but I wondered if you could confirm if you see anything outstanding on EU M5? Possibly around 1.3622 ?
Nothing showing up at 1.3622 on M5 for me but M15 has something interesting at 1.36432. I obviously don't know if I am looking at the same conditions as OD and I definitely don't have an exact match with Eurusdd as they are sometimes taking more than a screen full in max zoom to complete. However, they are holding up well and would have also done well on 6/9/13 and 8/5/14 which were heavy trend days. In the spirit of the thread, I won't post the indicator I have cobbled together but I'll admit that I am only looking at the close in conjunction with highs and lows. Like OD, I am only looking at relatively recent bars and the current timeframe so it could be that it needs an mtf match to be more robust - but for the moment the bank is increasing very satisfactorily . Many thanks to eurusdd and all the other contributors.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15jun4v1.png Size: 34 KB
  • #251
  • Jun 4, 2014 4:29am Jun 4, 2014 4:29am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting hepsibah
{quote} Nothing showing up at 1.3622 on M5 for me but M15 has something interesting at 1.36432. I obviously don't know if I am looking at the same conditions as OD and I definitely don't have an exact match with Eurusdd as they are sometimes taking more than a screen full in max zoom to complete. However, they are holding up well and would have also done well on 6/9/13 and 8/5/14 which were heavy trend days. In the spirit of the thread, I won't post the indicator I have cobbled together but I'll admit that I am only looking at the close in conjunction...
Many thanks Hepsibah....great looking chart!
An expert is a man who has made all the mistakes which can be made
  • #252
  • Jun 4, 2014 5:21am Jun 4, 2014 5:21am
Quoting hepsibah
{quote} ......Like OD, I am only looking at relatively recent bars and the current timeframe so it could be that it needs an mtf match to be more robust.....{image}
Hello all,

This is a very good point.

I sometimes find it a little difficult to decode some of EURUSDD's more cryptic statements .

Is the general concensus of the group (from reading his posts and/or reverse engineering his charts) that he is integrating data from different timeframes?

Best regards,

Old Dog

.
  • #253
  • Jun 4, 2014 5:23am Jun 4, 2014 5:23am
Time would be far better spent I feel, if people stopped trying to figure out what EURUSDD is trying to do, and instead worked on their own method. It's not like there is just one method to trade the market.
  • #254
  • Jun 4, 2014 5:29am Jun 4, 2014 5:29am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Old_Dog
{quote} Hello all, This is a very good point. I sometimes find it a little difficult to decode some of EURUSDD's more cryptic statements . Is the general concensus of the group (from reading his posts and/or reverse engineering his charts) that he is integrating data from different timeframes? Best regards, Old Dog .

Hi OD,

From what I understood I believe the different colour arrows show different timeframes. How that influences the decision on the current timeframe I am not sure.

Quoting Eurusdd
{quote} orange and yellow take care of micro-time-frames. Everything below 4hr. Any division is included. The whit takes care of macro-time-frame. everything above 1hr, including yearly timeframes ..... When you choose a time-frame : 5min say, we find the present-value of arrows on higher tfs and the future values of arrows on lower tfs. We the put all that into the 5min tf. Hence, whatever you see on the 5min tf is in agreement with any time frame, no matter the unit you use.
I am still not sure what I have found exactly...but I am scanning different timeframes and trying to identify levels that I feel could be targets for price to reach....not sure in what order these could be taking out or even if I am right.... Just watching and learning for now.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #255
  • Jun 4, 2014 6:27am Jun 4, 2014 6:27am
Quoting hepsibah
In the spirit of the thread, I won't post the indicator
We all miss the old "sharing is carring" times

// just saying
  • #256
  • Jun 4, 2014 6:30am Jun 4, 2014 6:30am
Thanks a lot Old Dog, you just pointed me into the right direction (regarding your indicator/charts) .

Maybe I'll add some of my thoughts about the overall idea of this thread and some statistics later (gotta care about some other stuff first).

----

Quoting Old_Dog
Is the general concensus of the group (from reading his posts and/or reverse engineering his charts) that he is integrating data from different timeframes?
I've been following this thread since it was started by EURUSDD; take a look at his different TF examples:
If you watch the white arrows for example, you can see that nearly all of them follow a simple rule:
Inserted Code
High[i] > High[i+1]    // White Top Arrow
Low[i]  < Low[i+1]     // White Bot Arrow
So they represent some kind of (one sided) engulfing pattern. ​But this rule is only true as long as you look at TFs like H4,D1,...
As soon as you break down to H1, M5, ... you see that those white arrows appear more frequently (like if they wouldn't be calculated on the TF itself, but on a higher one).

That would perfectly fit EURUSDD's statement (quoted by Neio before) as long as we take "above 1hr" to be meant as "greater and _not_ equal H1" (don't know what's the correct term to say "echt größer als" in english ):
Quoting EURUSDD
[...] The whit takes care of macro-time-frame. everything above 1hr, including yearly timeframes [...]

[ˈdʌmɪ]
  • #257
  • Jun 4, 2014 6:41am Jun 4, 2014 6:41am
Quoting Kruspe
{quote} We all miss the old "sharing is carring" times // just saying
Actually, I'd love to post it as I have picked up so much useful input from people on FF. But the most valuable pearls of wisdom I've had have been from eurusdd and so I feel a little torn given his instructions at the beginning of the thread. And of course mine won't give exactly the same arrows on the H4 as he showed at the beginning.

Let's see how things pan out over the next few days.
  • #258
  • Jun 4, 2014 6:44am Jun 4, 2014 6:44am
Enjoy, if you really think this is the holy grail!!!

Instead of bars, this one has dots, but it is quite similar to OD's chart.

This one is from tsd thread.

Just be careful with this kind of trading, especially with stops. Ask yourself what if price DOES NOT return where it is supposed to, oooops!!!

Regards,
Blackeagle
Attached File(s)
File Type: mq4 Price action.mq4   2 KB | 969 downloads
  • #259
  • Jun 4, 2014 6:49am Jun 4, 2014 6:49am
Quoting hepsibah
{quote} Actually, I'd love to post it as I have picked up so much useful input from people on FF. But the most valuable pearls of wisdom I've had have been from eurusdd and so I feel a little torn given his instructions at the beginning of the thread. And of course mine won't give exactly the same arrows on the H4 as he showed at the beginning. Let's see how things pan out over the next few days.
In which case you wouldn't giving away the Delicate Secret
  • #260
  • Jun 4, 2014 6:52am Jun 4, 2014 6:52am
Quoting Blackeagle
Enjoy, if you really think this is the holy grail!!! Instead of bars, this one has dots, but it is quite similar to OD's chart. This one is from tsd thread. Just be careful with this kind of trading, especially with stops. Ask yourself what if price DOES NOT return where it is supposed to, oooops!!! Regards, Blackeagle {file}
Sorry but this doesn't look like anything EURUSDD posted.. :nerd:
Focus, Patience, Determination & Order in chaos
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