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Attachments: The Hurt Locker System
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The Hurt Locker System

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  • Post #261
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  • Jul 25, 2014 9:13am Jul 25, 2014 9:13am
  •  sriloba
  • Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Quoting god-slave
Disliked
{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
Ignored
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.
  • Post #262
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  • Jul 25, 2014 9:21am Jul 25, 2014 9:21am
  •  sriloba
  • Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Quoting robinkm
Disliked
{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?
Ignored
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.
  • Post #263
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  • Jul 25, 2014 10:24am Jul 25, 2014 10:24am
  •  confused-ddk
  • | Joined Jul 2014 | Status: Member | 3 Posts
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.
  • Post #264
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  • Jul 25, 2014 10:41am Jul 25, 2014 10:41am
  •  sriloba
  • Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Quoting confused-ddk
Disliked
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.
Ignored
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.
  • Post #265
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  • Jul 25, 2014 10:46am Jul 25, 2014 10:46am
  •  sriloba
  • Joined Jun 2006 | Status: Fx trader | 2,944 Posts
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.
  • Post #266
  • Quote
  • Jul 25, 2014 11:01am Jul 25, 2014 11:01am
  •  confused-ddk
  • | Joined Jul 2014 | Status: Member | 3 Posts
Quoting sriloba
Disliked
{quote} I think it is better to use AutoFibTradeZone indicator (set 240 period as default). See post#179 for further small explanations.
Ignored
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.
  • Post #267
  • Quote
  • Jul 25, 2014 11:34am Jul 25, 2014 11:34am
  •  tai9127
  • | Joined May 2014 | Status: From Taiwan Not ROC | 378 Posts
HI Traders,I'm using PVA candle to see is there any clue to improve this system.
Everyone can find their HolyGrail
New Balance All Time Return: 46.8%
  • Post #268
  • Quote
  • Jul 26, 2014 3:46am Jul 26, 2014 3:46am
  •  tai9127
  • | Joined May 2014 | Status: From Taiwan Not ROC | 378 Posts
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
New Balance All Time Return: 46.8%
  • Post #269
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  • Jul 26, 2014 7:31am Jul 26, 2014 7:31am
  •  Go5
  • Joined Jun 2014 | Status: Invisible | 1,480 Posts
Quoting tai9127
Disliked
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}
Ignored
So, you get in and out on the second candle - correct?
  • Post #270
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  • Jul 26, 2014 9:19am Jul 26, 2014 9:19am
  •  tai9127
  • | Joined May 2014 | Status: From Taiwan Not ROC | 378 Posts
Quoting Go5
Disliked
{quote} So, you get in and out on the second candle - correct?
Ignored
In when price near first's close and out when price near second's close.
Everyone can find their HolyGrail
New Balance All Time Return: 46.8%
  • Post #271
  • Quote
  • Jul 27, 2014 9:44pm Jul 27, 2014 9:44pm
  •  Patmontes
  • | Joined Feb 2014 | Status: Member | 395 Posts
GBPUSD H4 BUY looks good
  • Post #272
  • Quote
  • Jul 27, 2014 11:47pm Jul 27, 2014 11:47pm
  •  god-slave
  • | Joined Jul 2014 | Status: Member | 9 Posts
Quoting tai9127
Disliked
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}
Ignored
but ""3"" is not appeare in chart so why u placing trade
  • Post #273
  • Quote
  • Edited at 2:36am Jul 28, 2014 1:35am | Edited at 2:36am
  •  killz808
  • | Joined Jan 2008 | Status: Member | 55 Posts
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
File Type: ex4 Grid_Builder.ex4   6 KB | 279 downloads
  • Post #274
  • Quote
  • Jul 28, 2014 2:58am Jul 28, 2014 2:58am
  •  DifferTrader
  • Joined Aug 2012 | Status: Born To Do Something Different | 338 Posts
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
  • Post #275
  • Quote
  • Jul 28, 2014 3:08am Jul 28, 2014 3:08am
  •  Patmontes
  • | Joined Feb 2014 | Status: Member | 395 Posts
Quoting DifferTrader
Disliked
Eurusd H4 chart I Attached Below ... Is It right position to take long here.... is this way correct to use this indicator system {image}
Ignored
wait for STOCHS to cross upward and when candle blue place trade
  • Post #276
  • Quote
  • Jul 28, 2014 3:13am Jul 28, 2014 3:13am
  •  DifferTrader
  • Joined Aug 2012 | Status: Born To Do Something Different | 338 Posts
Quoting Patmontes
Disliked
{quote} wait for STOCHS to cross upward and when candle blue place trade
Ignored
Stochs Not shown On My h4 chart only shows in m15
  • Post #277
  • Quote
  • Jul 28, 2014 4:14am Jul 28, 2014 4:14am
  •  ifee12
  • | Membership Revoked | Joined Jul 2014 | 16 Posts
here is a tpl file.
Attached File
File Type: tpl hurt locker.tpl   15 KB | 138 downloads
  • Post #278
  • Quote
  • Jul 28, 2014 4:41am Jul 28, 2014 4:41am
  •  DifferTrader
  • Joined Aug 2012 | Status: Born To Do Something Different | 338 Posts
Quoting ifee12
Disliked
here is a tpl file. {file}
Ignored
thanks for that
  • Post #279
  • Quote
  • Edited at 7:36am Jul 28, 2014 6:37am | Edited at 7:36am
  •  ifee12
  • | Membership Revoked | Joined Jul 2014 | 16 Posts
Quoting sriloba
Disliked
Very soon I will create my own thread calls : Fishing the Fibs We can not change things in the Hurt Locker system. Stay tune
Ignored
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
  • Post #280
  • Quote
  • Jul 28, 2014 8:12am Jul 28, 2014 8:12am
  •  sriloba
  • Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Quoting ifee12
Disliked
{quote} Problem to under stand stoch crossing maybe the setting is wrong {image}
Ignored
Try stoch(8,3,5) -- simple--HL--slow=5
Being a fxtrader is not easy. Ones must working hard.
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