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  • #2,421
  • Aug 4, 2014 8:48am Aug 4, 2014 8:48am
Quoting fx_mig
Collective answer questions about PA First of all, thank you Nihilist for another fantastic thread on FF. You are make good job. TX again. Sorry for my English as U @ll knows it's not my nativ. lang. I apologize for not very good grammar. I got a lot of questions on PM and forum about PA. I will try to briefly answer all. Q:Experience My experience with the PA can not be large, just learning a few years already and all the time I develop this skill. It is not a difficult task, it requires above all experience. Learning the basics of a few days,...
fx-mig,

Very good infomation, thank you for sharing.

Daniel
  • #2,422
  • Aug 4, 2014 9:03am Aug 4, 2014 9:03am
Ok CHFJPY entry?
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  • #2,423
  • Aug 4, 2014 9:20am Aug 4, 2014 9:20am
Thx Nihilist for your advise!
Hovewer I`ve decided to move SL to BE and let the trade run, I suppose conditions are quite good.
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  • #2,424
  • Aug 4, 2014 9:27am Aug 4, 2014 9:27am
Quoting bandrulle
Ok CHFJPY entry? {image}
It seems to be OK. But its really interesting to find out the opinion of more experienced mates, should we take this signal despite the ADXs?
Thx in advance
  • #2,425
  • Aug 4, 2014 9:27am Aug 4, 2014 9:27am
Quoting Nihilist
{quote} hello forexvegan, how are you? HolyGrail-slow, UltraTrend-very fast, Dhruba-fast. Thank you.
I am great my friend, hope you are doing well. Catching up on some much needed rest will be back later my brother.
Faith ends where worry begins, and worry ends where faith begins.
  • #2,426
  • Edited 10:11am Aug 4, 2014 9:30am | Edited 10:11am
Holy Grail Indicator
Conservative
No Repainting

Dhruba indicator
Moderate
No Repainting

Ultra Trend Indicator
Aggressive
Repaints
Faith ends where worry begins, and worry ends where faith begins.
  • #2,427
  • Aug 4, 2014 9:31am Aug 4, 2014 9:31am
Quoting forexvegan
Holy Grail Indicator Conservative No Repainting Dhruba Moderate No Repainting Ultra Trend Aggressive Repaints
Now the question should never be asked again.

If it does I would advise them to read the thread.

If you want to be nice point them to the previous post.
Faith ends where worry begins, and worry ends where faith begins.
  • #2,428
  • Aug 4, 2014 9:48am Aug 4, 2014 9:48am
Quoting forexvegan
Holy Grail Indicator Conservative No Repainting Dhruba Moderate No Repainting Ultra Trend Aggressive Repaints

Hi forexvegan, thanks for all the clarification.
Patience, let the market come to you!
  • #2,429
  • Aug 4, 2014 9:58am Aug 4, 2014 9:58am
Hi Nihilist,

Have you done any tests regarding Divergence with your new indi?

there is another Div in this pic but didn't mark it, because didn't work, PA didn't even close below TCCI.

I was shot on this trade, but closed it via the phone, didnt have your indicators , because of PPA low´s (if i have left it run, target would have been hitted )

Thank you
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  • #2,430
  • Aug 4, 2014 9:59am Aug 4, 2014 9:59am
Quoting fads
{quote} It seems to be OK. But its really interesting to find out the opinion of more experienced mates, should we take this signal despite the ADXs? Thx in advance
I would not take it from H4 in this situation. The main task is to take only very best trades when everything confirms. It is more than enough to have a couple of good trades per week when trading from H4.
  • #2,431
  • Aug 4, 2014 10:01am Aug 4, 2014 10:01am
Quoting bandrulle
Ok CHFJPY entry? {image}
Well your in profit so it cant be that bad. I would have waited for a better entry with ADX confirmation though. Looking at my chart history it looks like the dhruba and trend cycle indicators are going to eventually hurt you bad if you gamble. Also it looks like there are more than enough 'perfect' entries so you dont need to take chances.
  • #2,432
  • Aug 4, 2014 10:10am Aug 4, 2014 10:10am
Quoting dashisiong
{quote} Hi forexvegan, thanks for all the clarification.
Anytime brother.
Faith ends where worry begins, and worry ends where faith begins.
  • #2,433
  • Aug 4, 2014 10:20am Aug 4, 2014 10:20am
Quoting MataNui
{quote} Well your in profit so it cant be that bad. I would have waited for a better entry with ADX confirmation though. Looking at my chart history it looks like the dhruba and trend cycle indicators are going to eventually hurt you bad if you gamble. Also it looks like there are more than enough 'perfect' entries so you dont need to take chances.
Hi MataNui,

Can you post those type of example charts that you mention, please ?
Maybe like that we will be able to learn how to filter out bad trades.

thank you
  • #2,434
  • Edited 11:31am Aug 4, 2014 11:18am | Edited 11:31am
Quoting Nihilist
{quote} if H4 lined up with Daily TF then no problem if you take trade on less confirmation, but full confirmation is better IMHO
I agree that full confirmation is always best but it is obvious that higher TF can be traded with less confirming indicators as there is very little noise. So, meaning of 'full confirmation' is different.
For example, I see no need to focus much on the MTF dashboards when trading from higher TF. A H4 trade may last for a week or more, a daily TF trade may last even for a month or more. So, it is not too important what all the lower TF do at the moment of entry. During the trade they anyway change up and down multiple times.
  • #2,435
  • Aug 4, 2014 11:36am Aug 4, 2014 11:36am
Quoting forexvegan
Holy Grail Indicator Conservative No Repainting Dhruba indicator Moderate No Repainting Ultra Trend Indicator Aggressive Repaints
But you should use the Trend Filter 1 & 2 with the UltraTrend v2. The filters don't repaint once candle closes.
  • #2,436
  • Aug 4, 2014 12:00pm Aug 4, 2014 12:00pm
Quoting Indrek
{quote} I agree that full confirmation is always best but it is obvious that higher TF can be traded with less confirming indicators as there is very little noise. So, meaning of 'full confirmation' is different. For example, I see no need to focus much on the MTF dashboards when trading from higher TF. A H4 trade may last for a week or more, a daily TF trade may last even for a month or more. So, it is not too important what all the lower TF do at the moment of entry. During the trade they anyway change up and down multiple times.
Hello Indrek, I am agree with you, mtf dash board shows us all tf line up or not, H4 trade can run week after week when daily & weekly lined up with H4, am I wrong sir?
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,437
  • Aug 4, 2014 12:04pm Aug 4, 2014 12:04pm
Quoting MKFXTrader
{quote} But you should use the Trend Filter 1 & 2 with the UltraTrend v2. The filters don't repaint once candle closes.
you can use UltraTrend v2 or Dhruba or both, our last template we use both.
thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,438
  • Aug 4, 2014 12:06pm Aug 4, 2014 12:06pm
Quoting Helee
Hi Nihilist, Have you done any tests regarding Divergence with your new indi? there is another Div in this pic but didn't mark it, because didn't work, PA didn't even close below TCCI. I was shot on this trade, but closed it via the phone, didnt have your indicators , because of PPA low´s (if i have left it run, target would have been hitted ) Thank you {image}
Hi Helee, i am look only regular divergence, i am very much confused about hidden divergence. thank you for your nice posting.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,439
  • Edited 12:29pm Aug 4, 2014 12:14pm | Edited 12:29pm
Quoting Nihilist
{quote} Hello Indrek, I am agree with you, mtf dash board shows us all tf line up or not, H4 trade can run week after week when daily & weekly lined up with H4, am I wrong sir?
If you ask how I personally trade then I trade each TF strictly alone. It is less confusing and so far best way that I know.
Trends always start from lower timeframes not higher ones. If there is a really good momentum on lower timeframe, it will be carried to next, and so on. It means, the more we look confirmation from next TF, the more lagging our system is, especially on higher TF.
Matter of taste and personal style, really.
  • #2,440
  • Aug 4, 2014 12:18pm Aug 4, 2014 12:18pm
Quoting Nihilist
{quote} you can use UltraTrend v2 or Dhruba or both, our last template we use both. thank you.
Yes. I use Ultratrend and HG together Nihilist. Do you suggest I replace HG with Dhruba. I'm trading on 4Hr TF.
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