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Attachments: The Hurt Locker System
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The Hurt Locker System

  • #261
  • Jul 25, 2014 8:13am Jul 25, 2014 8:13am
Quoting god-slave
{quote} 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
Before I use MA cross over to enter a trade. It lags playing with MA cross but it is more convincing. Now, I use the rule of the hurt locker to enter a trade. This rule helps me to gain the early pips. You can use like TAI the way he enters a trade in HTF. Beause semafor repaints a lot in LTF . The hurt locker system is spotting the turning point in HTF without crank down LTF to pinpoint a trade. But in HTF, SL is large than LTF.

Hope this helps you.
Being a fxtrader is not easy. Ones must working hard.
  • #262
  • Jul 25, 2014 8:21am Jul 25, 2014 8:21am
Quoting robinkm
{quote} 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?
You use Stoch in 4hr chart to trade in HTF as the rule of the hurt locker system says. When all indicators agree you enter a trade .

The trend following says once the trend is determined in HTF you go to LTF wait for retracement before trigger. That way, you enter a trade with a good price and SL is small.

We can use the rule of the hurt locker system to get a trend in HTF and go down LTF to pinpoint a trade by using the rule of the hurt locker system.
It is fine too.

Hope this can help in your next trading.
Being a fxtrader is not easy. Ones must working hard.
  • #263
  • Jul 25, 2014 9:24am Jul 25, 2014 9:24am
Hi, everyone, I had checked code of supdem.mq4, inside it, the default parameters of zigzag is period:13, dev:8, backstep:5, just same as 2nd level of 3_zz_semafor, but why using them as 3rd level's R/S ? Any advice? Thanks.
  • #264
  • Jul 25, 2014 9:41am Jul 25, 2014 9:41am
Quoting confused-ddk
Hi, everyone, I had checked code of supdem.mq4, inside it, the default parameters of zigzag is period:13, dev:8, backstep:5, just same as 2nd level of 3_zz_semafor, but why using them as 3rd level's R/S ? Any advice? Thanks.
I think it is better to use AutoFibTradeZone indicator (set 240 period as default). See post#179 for further small explanations.
Being a fxtrader is not easy. Ones must working hard.
  • #265
  • Jul 25, 2014 9:46am Jul 25, 2014 9:46am
Very soon I will create my own thread calls : Fishing the Fibs

We can not change things in the Hurt Locker system.


Stay tune
Being a fxtrader is not easy. Ones must working hard.
  • #266
  • Jul 25, 2014 10:01am Jul 25, 2014 10:01am
Quoting sriloba
{quote} I think it is better to use AutoFibTradeZone indicator (set 240 period as default). See post#179 for further small explanations.
Thanks for your reply so quickly, I looked AutoFibTradeZone.mq4, and it looks complicated, let me try to read it all then may ask more questions. But may I ask why u don't use supdem? It too simple(as I found, supdem only check three (current, prev, next) k Line's open/close price)? Thanks again.
  • #267
  • Jul 25, 2014 10:34am Jul 25, 2014 10:34am
HI Traders,I'm using PVA candle to see is there any clue to improve this system.
Everyone can find their HolyGrail
  • #268
  • Jul 26, 2014 2:46am Jul 26, 2014 2:46am
Something New.
We trade when the second candle appear,
And entry when the "Price" down to the first candle’s close,
Then exit when the "Price" down to the second candle's close.
Attached Image
Everyone can find their HolyGrail
  • #269
  • Jul 26, 2014 6:31am Jul 26, 2014 6:31am
Quoting tai9127
Something New. We trade when the second candle appear, And entry when the "Price" down to the first candle’s close, Then exit when the "Price" down to the second candle's close. {image}
So, you get in and out on the second candle - correct?
  • #270
  • Jul 26, 2014 8:19am Jul 26, 2014 8:19am
Quoting Go5
{quote} So, you get in and out on the second candle - correct?
In when price near first's close and out when price near second's close.
Everyone can find their HolyGrail
  • #271
  • Jul 27, 2014 8:44pm Jul 27, 2014 8:44pm
GBPUSD H4 BUY looks good
  • #272
  • Jul 27, 2014 10:47pm Jul 27, 2014 10:47pm
Quoting tai9127
Something New. We trade when the second candle appear, And entry when the "Price" down to the first candle’s close, Then exit when the "Price" down to the second candle's close. {image}
but ""3"" is not appeare in chart so why u placing trade
  • #273
  • Edited 1:36am Jul 28, 2014 12:35am | Edited 1:36am
I haven't posted anything here in years. But while looking at this system, I added grid builder indicator to show the level of 500 and 000, heavy support and resistance, some call it the psych levels. Note that price action hangs around the 250 and 750 level.

So as you can see, the trend is down and we only trade in the direction of the trend. We wait til price action hits or comes close (5 pips) to the marked lines of the grid builder (500, 000), wait for the ZZ indicator to show a 3, and we go for the trade in the overall trend.

First take profit would be 20-25 pips (minor support and resistance at 250/750 line), second would be 40-50 pips (500 and 000 line).

I kept it real simple and hopefully this system won't get over cluttered.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 37 KB
Attached File(s)
File Type: ex4 Grid_Builder.ex4   6 KB | 449 downloads
  • #274
  • Jul 28, 2014 1:58am Jul 28, 2014 1:58am
Eurusd H4 chart I Attached Below ... Is It right position to take long here.... is this way correct to use this indicator system
Attached Image (click to enlarge)
Click to Enlarge Name: hu.png Size: 213 KB
  • #275
  • Jul 28, 2014 2:08am Jul 28, 2014 2:08am
Quoting DifferTrader
Eurusd H4 chart I Attached Below ... Is It right position to take long here.... is this way correct to use this indicator system {image}
wait for STOCHS to cross upward and when candle blue place trade
  • #276
  • Jul 28, 2014 2:13am Jul 28, 2014 2:13am
Quoting Patmontes
{quote} wait for STOCHS to cross upward and when candle blue place trade
Stochs Not shown On My h4 chart only shows in m15
  • #277
  • Jul 28, 2014 3:14am Jul 28, 2014 3:14am
here is a tpl file.
Attached File(s)
File Type: tpl hurt locker.tpl   15 KB | 333 downloads
  • #278
  • Jul 28, 2014 3:41am Jul 28, 2014 3:41am
Quoting ifee12
here is a tpl file. {file}
thanks for that
  • #279
  • Edited 6:36am Jul 28, 2014 5:37am | Edited 6:36am
Quoting sriloba
Very soon I will create my own thread calls : Fishing the Fibs We can not change things in the Hurt Locker system. Stay tune
Problem to under stand stoch crossing maybe the setting is wrong
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 35 KB
  • #280
  • Jul 28, 2014 7:12am Jul 28, 2014 7:12am
Quoting ifee12
{quote} Problem to under stand stoch crossing maybe the setting is wrong {image}
Try stoch(8,3,5) -- simple--HL--slow=5
Being a fxtrader is not easy. Ones must working hard.
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