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Rainbow similarity

  • #81
  • Aug 28, 2014 10:20pm Aug 28, 2014 10:20pm
Fantastic.

Just spend some time fiddling with the lower CI and the higher CI to identify historical swings and you have something powerful. I'm testing 4 pairs and currently looking for confirmation USDJPY is turning for a new swing down (top right)
Attached Image (click to enlarge)
Click to Enlarge Name: mt4 20140829 ci.png Size: 218 KB
Winners add to winning trades!
  • #82
  • Aug 28, 2014 10:53pm Aug 28, 2014 10:53pm
Quoting marshalmax
This looks cool and I am keen to test. Anyone know the TradingStation equivalent for the CI and MBFX indis?
sry i dont really know
  • #83
  • Aug 28, 2014 10:58pm Aug 28, 2014 10:58pm
Quoting marshalmax
Fantastic. Just spend some time fiddling with the lower CI and the higher CI to identify historical swings and you have something powerful. I'm testing 4 pairs and currently looking for confirmation USDJPY is turning for a new swing down (top right) {image}
I Marsh
what GMT have you?
USDJ i have not the same trigger
  • #84
  • Aug 28, 2014 11:06pm Aug 28, 2014 11:06pm
Quoting jimmY213
{quote} sry i dont really know
I Jimmy
what GMT have you?
  • #85
  • Aug 28, 2014 11:12pm Aug 28, 2014 11:12pm
Quoting marshalmax
Fantastic. Just spend some time fiddling with the lower CI and the higher CI to identify historical swings and you have something powerful. I'm testing 4 pairs and currently looking for confirmation USDJPY is turning for a new swing down (top right) {image}
time will tell but i like your way to sneak into a trade with sell stop(if i can see right). but volatility isnt that high. seems to me like i could be ranging. rainbow not in its whole bauty, CI opposite derection etc. thas the problem in the early hours.
  • #86
  • Aug 28, 2014 11:14pm Aug 28, 2014 11:14pm
Quoting Pips200
{quote} I Jimmy what GMT have you?
(GMT+01:00) Amsterdam, Berlin, Bern, Rom, Stockholm, Wien, Paris, Madrid)
  • #87
  • Aug 28, 2014 11:17pm Aug 28, 2014 11:17pm
Quoting jimmY213
{quote} (GMT+01:00) Amsterdam, Berlin, Bern, Rom, Stockholm, Wien, Paris, Madrid)
thank'you so much
  • #88
  • Aug 28, 2014 11:20pm Aug 28, 2014 11:20pm
Quoting jimmY213
{quote} (GMT+01:00) Amsterdam, Berlin, Bern, Rom, Stockholm, Wien, Paris, Madrid)
sorry an other pray
can you let me see your EU chart in order to see if it there is synchroniz with mine?
  • #89
  • Aug 28, 2014 11:22pm Aug 28, 2014 11:22pm
in a perfect world MBFX is going to be green, at the green zone. next time he turns red and breaks the low this should be a nice one(sell stop). time will tell
edit:
did not take the trade immediatly, cuz MBFX is maybe turning(long time red)
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 61 KB
  • #90
  • Aug 28, 2014 11:35pm Aug 28, 2014 11:35pm
GJ:
first trade for the day
+54p
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 66 KB

EJ:
sell stop was hit - i will let this one run. good potential to fall deep, maybe the low 1.36400. time will tell
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 65 KB
  • #91
  • Aug 28, 2014 11:39pm Aug 28, 2014 11:39pm
Quoting jimmY213
in a perfect world MBFX is going to be green, at the green zone. next time he turns red and breaks the low this should be a nice one(sell stop). time will tell edit: did not take the trade immediatly, cuz MBFX is maybe turning(long time red) {image}
unfortulanaly my GMT is + 3 so the cycles are non synch
  • #92
  • Aug 28, 2014 11:42pm Aug 28, 2014 11:42pm
Quoting jimmY213
GJ: first trade for the day +54p {image} EJ: sell stop was hit - i will let this one run. good potential to fall deep, maybe the low 1.36400. time will tell {image}
MICRO PIPS or PIPS? my chart give me 5 pips
  • #93
  • Aug 28, 2014 11:42pm Aug 28, 2014 11:42pm
goodmorning.expecting e/u to get back to 1.3176 very soon.waiting with buy orders ready.
dont follow my calls
GL
  • #94
  • Aug 28, 2014 11:46pm Aug 28, 2014 11:46pm
Quoting Pips200
{quote} MICRO PIPS or PIPS? my chart give me 5 pips
i prefer to write in nanopip 50nano = 5.0 pip. like someone asked several posts before
  • #95
  • Aug 28, 2014 11:48pm Aug 28, 2014 11:48pm
Quoting jimmY213
{quote} i prefer to write in nanopip 50nano = 5.0 pip. like someone asked several posts before
ok sorry.
your preferred pairs?
  • #96
  • Aug 28, 2014 11:53pm Aug 28, 2014 11:53pm
Sorry Jimmy for my many question
i have a broker GMT+3 so in cant use your template
can i take your indi e put in my chart?
your MBFX has setting len 7.0 e 0 filter?
  • #97
  • Aug 29, 2014 12:04am Aug 29, 2014 12:04am
Quoting Pips200
Sorry Jimmy for my many question i have a broker GMT+3 so in cant use your template can i take your indi e put in my chart? your MBFX has setting len 7.0 e 0 filter?
sure you can use them on your tpl. MBFX len is on 7.0. CI has to be tweaked you can find your own setting by playing arround with it a bit.

Quote
ok sorry.
your preferred pairs

no problem with good volatility like GU, EU, GJ, UJ, EJ, GA etc. and AU/DE30/US30(they keep thier trend for a long time)
  • #98
  • Aug 29, 2014 12:08am Aug 29, 2014 12:08am
gave up EJ with just a really tiny profit +12p and wait for the re-entry. like i said above. i guess the MBFX will turn green. if there is no new high or reverse of the rainbow the setup is still valid and i will re-enter.
  • #99
  • Aug 29, 2014 12:20am Aug 29, 2014 12:20am
just for educational purpose.
this is what i would call a PERFECT entry(CI in similarity, MBFX yellow/red, rainbow down, all colours under the rainbow)
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 66 KB
  • #100
  • Aug 29, 2014 12:44am Aug 29, 2014 12:44am
next trade
EU:
+60p
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 83 KB
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