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Attachments: The Hurt Locker System
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The Hurt Locker System

  • #241
  • Jul 23, 2014 11:12pm Jul 23, 2014 11:12pm
hey sriloba i think this trading system is pretty much depend on technical analysis. may i know how much profitable pips u able to collect to apply this system.
  • #242
  • Jul 24, 2014 1:26am Jul 24, 2014 1:26am
Quoting god-slave
hey sriloba i think this trading system is pretty much depend on technical analysis. may i know how much profitable pips u able to collect to apply this system.
I use 2 systems everyday to trade. One system is swing trade ( Hurt Locker system). I trade this system only in 4hr chart. The results are goods.

The other system I use is trend following that I had explaining in post#223.

I like technical analysis because we can use minimum indicators to trade successfully.

My daily goal is producing 20 pips. I can make it in one trade.
Being a fxtrader is not easy. Ones must working hard.
  • #243
  • Jul 24, 2014 5:12am Jul 24, 2014 5:12am
Quoting sriloba
{quote} I use 2 systems everyday to trade. One system is swing trade ( Hurt Locker system). I trade this system only in 4hr chart. The results are goods. The other system I use is trend following that I had explaining in post#223. I like technical analysis because we can use minimum indicators to trade successfully. My daily goal is producing 20 pips. I can make it in one trade.
thanks for privious replay bro. i think only 20 pip profit from hurt locker system is very little amount. what u think? i dont think u use any stoploss.. am i right
  • #244
  • Edited 8:11am Jul 24, 2014 7:33am | Edited 8:11am
Quoting god-slave
{quote} thanks for privious replay bro. i think only 20 pip profit from hurt locker system is very little amount. what u think? i dont think u use any stoploss.. am i right
I use all the time stoploss. 20 pips is my daily goal. If you trade in 4hr chart you can get more than 20 pips. Sometime I use SL=35 for TP=20. Is it worth?

No, but for me it is ok.
Being a fxtrader is not easy. Ones must working hard.
  • #245
  • Jul 24, 2014 8:15am Jul 24, 2014 8:15am
Quoting tomthepoppop
{quote} I don't think Heiken Ashi repaints after candle closes --SO if you wait for the 3 semafor and you get a heiken ashi candle color change then chances for profit are pretty good -- sometimes will be small profit sometimes very large. Trades have to be monitored. TAI I like your system and I agree that it only needs the few indicators you showed in page 1. Good luck and good trading.

Tomthepoppop, Well said, very good point to consider ...thanks. This add in confidence.
  • #246
  • Jul 24, 2014 8:29am Jul 24, 2014 8:29am
Quoting sriloba
{quote} I use all the time stoploss. 20 pips is my daily goal. If you trade in 4hr chart you can get more than 20 pips. Sometime I use SL=35 for TP=20. Is it worth? No, but for me it is ok.
Ya its fine if u frequently make profit. because this system is technical analysis base so is that mean u dont care about news. r u getting good result to trade with 1:1 risk and gain ratio.u r a Experienced trader i think u relatade with trading more then 7 year. i would like to get some solution from u
  • #247
  • Edited 9:33am Jul 24, 2014 9:19am | Edited 9:33am
Quoting god-slave
{quote} Ya its fine if u frequently make profit. because this system is technical analysis base so is that mean u dont care about news. r u getting good result to trade with 1:1 risk and gain ratio.u r a Experienced trader i think u relatade with trading more then 7 year. i would like to get some solution from u
I don't trade 30-45 minute before new with orange flag and 1hr before new with red flag. If I'm in a trade win or lost I will close my trade 15min before new releases.

1:1 risk ratio, I don't use frequently. My daily goal is 20 pips with full lot. Sometime my SL=40, as soon as my TP=20 pips is reached I close manually my trade.

You have to monitor your trade. Don't let your win trade becomes lost trade.

First, you must have your system of trading that fits your personality. Because SL and TP depend on your personality, aggressive or conservative.

Once, you knew your personality then you built your own system or take the system built by other traders then you tune up to fit your personality like I do.

I took the Hurt Locker system and transform it in swing trading and trend following to adapt to my personality. By making your own system that you will go further

in the forex trading.

Hope this will help you.
Being a fxtrader is not easy. Ones must working hard.
  • #248
  • Jul 24, 2014 10:21am Jul 24, 2014 10:21am
Quoting sriloba
{quote} I don't trade 30-45 minute before new with orange flag and 1hr before new with red flag. If I'm in a trade win or lost I will close my trade 15min before new releases. 1:1 risk ratio, I don't use frequently. My daily goal is 20 pips with full lot. Sometime my SL=40, as soon as my TP=20 pips is reached I close manually my trade. You have to monitor your trade. Don't let your win trade becomes lost trade. First, you must have your system of trading that fits your personality. Because SL and TP depend on your personality, aggressive or conservative....
may be i make some coflict with hurt locker system. hurt locker system simply say sell on resistance and buy on support am i right bro? i know this system also require some special instraction to follow before place a trade. but is it simply mean sell in resistance and buy in support. am i right?
  • #249
  • Jul 24, 2014 11:17am Jul 24, 2014 11:17am
Quoting god-slave
{quote} may be i make some coflict with hurt locker system. hurt locker simply say sell on resistance and buy on support am i right bro? i know this system also require some special instraction to follow before place a trade. but is it simply mean sell in resistance and buy in support. am i right?
You are absolutely right. The Hurt Locker system is attempting to trade top-bottom or R/S. If the R/S is a key level then you don't have to suffer from price retracement. Money management is very important when using any systems because what we see in price is the emotion of the traders and also the manipulations of the Big Boys. That why 20 pips a day is enough for the dumb money or small traders like us. It is better using this system in HTF (4hr and above) the signal is more solid but SL is large then the one in LTF. That why knowing our personality is big + for the long run.

Hope this can help you.
Being a fxtrader is not easy. Ones must working hard.
  • #250
  • Jul 24, 2014 1:59pm Jul 24, 2014 1:59pm
Hi sriloba,
first thx for the very good job and time to bring up this systhem.

i use it also to find good entrys and exits

regards
  • #251
  • Edited 4:36pm Jul 24, 2014 3:26pm | Edited 4:36pm
Hi! fellows traders,

Today, I give you how to trade the Hurt Locker system by using :


1) 4hr chart : When a signal semafor(34) and SupDem appear

Settings:
- Semafor(34,13,0) -- visualization check box H4 only
- SupDem (set to 240 tf)
- Heiken Ashi (HA)
- Stoch(28,5,5)



GOTO 15min chart to trade




2) 15min chart :

Settings:
- Semafor(34,0,0)-- visualization check box M15 only
- SupDem (set to 240 tf)
- Heiken Ashi (HA)
- MACD(12,26,9) in MT4 platform



- Long Trade : i) Semafor(34) + SupDem + HA + macd histogram is above the signal
- Short Trade : i) Semafor(34) + SupDem + HA + macd histogram is below the signal



SL = Most recent h/L
TP = When signal semafor(13) appear in 4hr chart if you have a gut.




See chart below: Exemple SHORT TRADE
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 36 KB
Click to Enlarge Name: short trade.png Size: 41 KB
Attached File(s)
File Type: tpl hurt locker.tpl_4hr_15min.tpl   27 KB | 500 downloads
File Type: ex4 3_Level_ZZ_Semafor.ex4   43 KB | 424 downloads
File Type: ex4 SupDem.ex4   8 KB | 496 downloads
File Type: mq4 Heiken Ashi-Tape.mq4   3 KB | 479 downloads
File Type: ex4 Heiken Ashi-Tape.ex4   11 KB | 443 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #252
  • Jul 24, 2014 3:34pm Jul 24, 2014 3:34pm
Quoting sriloba
Hi! fellows traders, Today, I give you how to trade the Hurt Locker system by using : 1) 4hr chart : When a signal semafor(34) and SupDem appear Settings: - Semafor(34,13,0) - SupDem - Heiken Ashi (HA) - Stoch(28,5,5) GOTO 15min chart to trade 2) 15min chart : Settings: - Semafor(34,0,0) - SupDem - Heiken Ashi (HA) - MACD(12,26,9) in MT4 platform - Long Trade : i) Semafor(34) + SupDem + HA + macd histogram is above the signal - Short Trade : i) Semafor(34) + SupDem + HA + macd histogram is below the signal See chart below: Exemple SHORT TRADE {image}...
Hello Sriloba, how come my Heiken in 4hr haven't turn red yet, but your already turn red and ready for the trade, what is your Heiken setting?
Never say no to PIPS
  • #253
  • Jul 24, 2014 3:38pm Jul 24, 2014 3:38pm
Exemple :

LONG TRADE

Test it before go live


Good luck, guys!
Attached Image (click to enlarge)
Click to Enlarge Name: long trade.png Size: 38 KB
Being a fxtrader is not easy. Ones must working hard.
  • #254
  • Jul 24, 2014 3:44pm Jul 24, 2014 3:44pm
Quoting lazyegg
{quote} Hello Sriloba, how come my Heiken in 4hr haven't turn red yet, but your already turn red and ready for the trade, what is your Heiken setting?
There is no settings. It come like that.

You can put Heiken Ashi given by TAI in the first page.

Sorry for the issu.
Being a fxtrader is not easy. Ones must working hard.
  • #255
  • Jul 24, 2014 3:46pm Jul 24, 2014 3:46pm
Quoting sriloba
{quote} There is no settings. It come like that. You can put Heiken Ashi given by TAI in the first page. Sorry for the issu.
no worries ,

for the 4H- Semafor(34,13,0),
change the period 1 to 0
change the period 2 to 13
change the period 3 to the 34, is that right?
15TF same change to, is that right? just want to make sure
Never say no to PIPS
  • #256
  • Jul 24, 2014 3:58pm Jul 24, 2014 3:58pm
Quoting lazyegg
{quote} no worries , for the 4H- Semafor(34,13,0), change the period 1 to 0 change the period 2 to 13 change the period 3 to the 34, is that right? 15TF same change to, is that right? just want to make sure

4hr chart : semafor -- periode1=0 -- periode2=13 -- periode3=34

15 min chart : take another semafor : -- periode1=0 -- periode2=0 -- periode3=34
Being a fxtrader is not easy. Ones must working hard.
  • #257
  • Jul 24, 2014 9:35pm Jul 24, 2014 9:35pm
Long GBPUSD...??

rebound in privot (1.6972) and green flag in The Hurt Locker System

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 96 KB
  • #258
  • Jul 24, 2014 9:55pm Jul 24, 2014 9:55pm
Quoting yohan_ayala
Long GBPUSD...?? rebound in privot (1.6972) and green flag in The Hurt Locker System {image}
If the signal occurs at midnight EST I will go long on Cable. Because Asian session the liquidity is low. Price may trade in consolidation.
Being a fxtrader is not easy. Ones must working hard.
  • #259
  • Jul 25, 2014 12:12am Jul 25, 2014 12:12am
Quoting sriloba
Exemple : LONG TRADE Test it before go live Good luck, guys! {image}
I think SRILOBA is become popular in this section. i get a question to ask it will be very helpful if u answered. __ u say u trade with trend but heart locker system dont say to place trade with trend.__


Sorry for disturb. thanks in advanced
  • #260
  • Jul 25, 2014 5:42am Jul 25, 2014 5:42am
Quoting sriloba
: 1) 4hr chart : When a signal semafor(34) and SupDem appear........... -- visualization check box H4 only - .........) GOTO 15min chart to trade
If we are waiting the semafor and supdem on the four hour chart and then going to the 15min chart to trade, i noticed that you don't mention the stoch crossover in the 4hr but we act on the macd in 15...so what is the purpose of the stoch in the 4 hr chart?
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