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Eitan's Project

  • #6,761
  • Aug 31, 2014 8:38am Aug 31, 2014 8:38am
hi

just wanted to ask a quick question. this past week trying been playing with mts (still learning how to read the stoch rules) and smri (love this !!)

If all the rules MTS or smri is confirmed but its already pass the weekly atr is it still considered as a valid signal ?

Sorry if it has been discussed before i might have miss it since i cant find the answer after reading the pages.

Thank you
  • #6,762
  • Aug 31, 2014 11:15am Aug 31, 2014 11:15am
Quoting jasper2603
Hi Rockerzeus, Thanks for your explanation of the fibo zones, but i don't understand the second point/screenshot. You pull the fibo retracement in the new week on monday starting with the high red line and you pull it down to? This is not clear for me, could you or someone else please explain wich other point you take as low? Thanks for you great coding work!
From the higher red line in the current week (it can be monday but also another day of the current week..it depends..you examine from Monday and take the MAX red line of the current week, period) to the lower low green line between monday and the last most recent "column" that the fibo zone indi,painted ; also in this last one...the lower low can appear 4 hours before the current candle (as it usually happens in strong down trend as in the example), or also before...
Just trace the fibo from the Top red cited to the low green cited. This is the second point/screenshot of RZ explanation.

The idea behind this is you are using the fibo expansion ON the lower and the higher B.O. levels, NOT of the past week (cause the price action moved in a way you are out of coverage , a.k.a, in this EA case = below the 0% of the past weekly fibo if you just try to use past week data) , but of the current week (until the moment of the trade).
  • #6,763
  • Aug 31, 2014 11:21am Aug 31, 2014 11:21am
Hey guys is there a possibility for someone to combine all the latest indicators for SMRI method and maybe get a link to it in 1 post? I searched last 20 pages and didnt find all the indicators, its very confusing with information scattered all around and posted couple of times (like smri tpl and fibo zones). There is no link to nihilist indicators and I really dont know which one to use. I want to do my homework but with amount of information and changes in here its really hard to keep track of the current version of the SMRI method. Thx for understanding
  • #6,764
  • Aug 31, 2014 11:41am Aug 31, 2014 11:41am
Quoting Laknat
hi just wanted to ask a quick question. this past week trying been playing with mts (still learning how to read the stoch rules) and smri (love this !!) If all the rules MTS or smri is confirmed but its already pass the weekly atr is it still considered as a valid signal ? Sorry if it has been discussed before i might have miss it since i cant find the answer after reading the pages. Thank you
Not clear your question.
If the candle close below the 38.2 weekly fibo or above 61.8 weekly fibo, that is a pre-signal. Then if other conditions met for SMRI (usually SMRI is the first to react showing fast, the momentum in our direction), you enter the trade.
  • #6,765
  • Aug 31, 2014 11:50am Aug 31, 2014 11:50am
Quoting jasper2603
Hi Rockerzeus, Thanks for your explanation of the fibo zones, but i don't understand the second point/screenshot. You pull the fibo retracement in the new week on monday starting with the high red line and you pull it down to? This is not clear for me, could you or someone else please explain wich other point you take as low? Thanks for you great coding work!

We draw fib from highest red line to lowest lime line of previous week fibo zone indi levels. If this week price is lower than the lowest level of that fib, than we move that fib by holding middle point of it to this week area and we match highest level of it with monday red line of this week level. Thats all
  • #6,766
  • Aug 31, 2014 11:52am Aug 31, 2014 11:52am
hay guys and new subscribers i saw all the pm's just tell u i will sent u all at the mom i will finish last shape of it no need to pm's any more

i will just look at my sunscribers box to c who deserve it and it will be great to all

at the mom i will finish this HG indi i will open new thread to seperate from other systems here and we can contact there with the new sys.

i will inform here ASAP i will finish and then i will start send this indi trew the email,
when GOD brings you a challenge he also gives you the power to deal with it
  • #6,767
  • Aug 31, 2014 12:25pm Aug 31, 2014 12:25pm
Quoting eitan1010
hay guys and new subscribers i saw all the pm's just tell u i will sent u all at the mom i will finish last shape of it no need to pm's any more i will just look at my sunscribers box to c who deserve it and it will be great to all at the mom i will finish this HG indi i will open new thread to seperate from other systems here and we can contact there with the new sys. i will inform here ASAP i will finish and then i will start send this indi trew the email,
I just returned from holidays, and this is good news. Thanks for this.
I've always been worried about the TP because it is always a problem at the moment to know when to get out.
To be honest and maybe as a statistic info, the system that I use the most is the MD because it gives you a lot of time to get in and get out. It is very safe, but it is very slow to give you a signal and sometimes does not give you positive signals that the MRI gives it more often.
My question is: Should we stop studying the new SMRI or we should keep trying to use it?
Thanks to everyone here. Good luck Eitan with your retiring project. We all are on the same ship.
  • #6,768
  • Aug 31, 2014 12:36pm Aug 31, 2014 12:36pm
Quoting carlosar13
{quote} I just returned from holidays, and this is good news. Thanks for this. I've always been worried about the TP because it is always a problem at the moment to know when to get out. To be honest and maybe as a statistic info, the system that I use the most is the MD because it gives you a lot of time to get in and get out. It is very safe, but it is very slow to give you a signal and sometimes does not give you positive signals that the MRI gives it more often. My question is: Should we stop studying the new SMRI or we should keep trying to...
Why stop using SMRI?.. if your problem is TP, well read the last development in this thread. Eitan gave us a specific mathematic criteria to estabilish, after a entry the most reasonable points of SL & TP through the fibonacci facilities. Also, if you read well, he said just a couple of posts ago, he is working on a SMRI update...so IMHO, that system is really FAR from being abandoned...quite the contrary! :nerd:
  • #6,769
  • Aug 31, 2014 1:07pm Aug 31, 2014 1:07pm
Quoting cariddi74
{quote} Why stop using SMRI?.. if your problem is TP, well read the last development in this thread. Eitan gave us a specific mathematic criteria to estabilish, after a entry the most reasonable points of SL & TP through the fibonacci facilities. Also, if you read well, he said just a couple of posts ago, he is working on a SMRI update...so IMHO, that system is really FAR from being abandoned...quite the contrary! :nerd:
Thanks for your answer cariddi74, maybe I did not explained correctly. I did read the new system with the Fibonacci where it shows the entries and exits. And I think it is great. But I understand what you are saying and I won't stop testing it.
By the way. I've been trying, just for fun, the MD H4 on GJ and it gave me tons of good signals with a minimum of 50 pips. What do you think about it?
Thanks to all
  • #6,770
  • Aug 31, 2014 1:18pm Aug 31, 2014 1:18pm
Quoting carlosar13
{quote} Thanks for your answer cariddi74, maybe I did not explained correctly. I did read the new system with the Fibonacci where it shows the entries and exits. And I think it is great. But I understand what you are saying and I won't stop testing it. By the way. I've been trying, just for fun, the MD H4 on GJ and it gave me tons of good signals with a minimum of 50 pips. What do you think about it? Thanks to all
Well, MD1 is the basement idea on which i developed my U.S system, recently published in this thread (also thank to the tip given to me by member "pending") ...it's also MTF (4H and 1H mainly). So... i think very good idea.
In U.S system i added some things to make it even more robust. Actually i use both SMRIFix and U.S system to enter trade cause i saw they are complementary...OFTEN, when ones of the two does not enter yet, the other is triggered and viceversa.

The problem there was always the same: levels of TP & SL (mainly TP, cause the "last contrarian swing" for SL works always pretty well) but then Eitan introduced the FIBO ZONE indi and the weekly fibo tips (in a video) where also that mess was solved. So now we are in very good position for great autumn trading days , i believe (in am in Europe..oh well anyway..)

Also Eitan is going to drop another bomb here....amazingggg!!! This thread is valuable a Kilo of gold for every page that increases!
  • #6,771
  • Aug 31, 2014 1:30pm Aug 31, 2014 1:30pm
Hello all and a special thanks to Eitan, the founding father of this system. I am introducing myself now as I cannot post often if at all as I am reliant on a helper to type due to being disabled. I do however watch all posts and this thread has got me hooked and given me a zest for life again. Please do not Judge on the number of posts to determine loyalty for reasons mentioned. Newby but hooked.
  • #6,772
  • Aug 31, 2014 1:44pm Aug 31, 2014 1:44pm
Quoting eitan1010
hay guys and new subscribers i saw all the pm's just tell u i will sent u all at the mom i will finish last shape of it no need to pm's any more i will just look at my sunscribers box to c who deserve it and it will be great to all at the mom i will finish this HG indi i will open new thread to seperate from other systems here and we can contact there with the new sys. i will inform here ASAP i will finish and then i will start send this indi trew the email,
Eitan i sent u pmWink (javascript:void(0))
  • #6,773
  • Aug 31, 2014 1:52pm Aug 31, 2014 1:52pm
Quoting Rockerzeus
{quote} We draw fib from highest red line to lowest lime line of previous week fibo zone indi levels. If this week price is lower than the lowest level of that fib, than we move that fib by holding middle point of it to this week area and we match highest level of it with monday red line of this week level. Thats all
Hi Rockerzeus,

I still don't get it, this part I don't get: than we move that fib by holding middle point of it to this week area and we match highest level of it with monday red line of this week level. What do you mean with middle point, which middle point?

I understand the previous week we should draw a fibo from highest red line to lowest lime line. ok but with a strong trending pair like eur/aud and price is already passed the 61 or 38 lines. How do you draw the 61 and the 38 lines for the new week?
  • #6,774
  • Aug 31, 2014 2:01pm Aug 31, 2014 2:01pm
Quoting jasper2603
{quote} Hi Rockerzeus, I still don't get it, this part I don't get: than we move that fib by holding middle point of it to this week area and we match highest level of it with monday red line of this week level. What do you mean with middle point, which middle point? I understand the previous week we should draw a fibo from highest red line to lowest lime line. ok but with a strong trending pair like eur/aud and price is already passed the 61 or 38 lines. How do you draw the 61 and the 38 lines for the new week?
If you double click the "line" that identify the OBJECT Fibo you will get 3 points for modfying/moving that...using the middle point you can just move it to another place.
Attached Image (click to enlarge)
Click to Enlarge Name: fibo_movingthat.png Size: 46 KB
  • #6,775
  • Aug 31, 2014 2:05pm Aug 31, 2014 2:05pm
Quoting jasper2603
{quote} Hi Rockerzeus, I still don't get it, this part I don't get: than we move that fib by holding middle point of it to this week area and we match highest level of it with monday red line of this week level. What do you mean with middle point, which middle point? I understand the previous week we should draw a fibo from highest red line to lowest lime line. ok but with a strong trending pair like eur/aud and price is already passed the 61 or 38 lines. How do you draw the 61 and the 38 lines for the new week?

double click on fib toll you will see 3 white little box grab middle one and move it new week and match high level of it with monday high level which is red solid line
  • #6,776
  • Edited 3:03pm Aug 31, 2014 2:16pm | Edited 3:03pm
Wow already a lot of trades with the new Weekly fibo criteria. I Just took EU/GBP SHORT (i know...not in the official basket ) for a minimum 30 pips TP ( and a 35 pips SL).

EDIT: opps...forget it..i made a mistake
  • #6,777
  • Aug 31, 2014 2:57pm Aug 31, 2014 2:57pm
GJ reasults from 2013 on auto BT with new indi 6990 pips gained (not full tpl ) only part of it
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 227 KB
http://www.fxblue.com/users/eitan1010

also traded 0.5 lot = 5usd on 10k account
when GOD brings you a challenge he also gives you the power to deal with it
  • #6,778
  • Aug 31, 2014 3:00pm Aug 31, 2014 3:00pm
Quoting eitan1010
GJ reasults from 2013 on auto BT with new indi 6990 pips gained (not full tpl ) only part of it{image}http://www.fxblue.com/users/eitan1010 also traded 0.5 lot = 5usd on 10k account
Its looking really impressive as usual Eitan! Great work!
  • #6,779
  • Aug 31, 2014 3:03pm Aug 31, 2014 3:03pm
Quoting eitan1010
GJ reasults from 2013 on auto BT with new indi 6990 pips gained (not full tpl ) only part of it{image}http://www.fxblue.com/users/eitan1010 also traded 0.5 lot = 5usd on 10k account

:o :o :o
  • #6,780
  • Aug 31, 2014 7:01pm Aug 31, 2014 7:01pm
Quoting cariddi74
{quote} Not clear your question. If the candle close below the 38.2 weekly fibo or above 61.8 weekly fibo, that is a pre-signal. Then if other conditions met for SMRI (usually SMRI is the first to react showing fast, the momentum in our direction), you enter the trade.
Thanks carridi..

what i mean is do you guys look at the weekly atr for h4, since i saw eitan used it on his settings on post 6,744 ( i'm not sure why but i cannot upload files) which is weekly average of the month.

and about fibo the rules is if price break 61.8 we take long, how about if price bounces of 61.8 and the smri signal is also confirmed long ?

sorry for asking too many question

thank you
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