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Nihilist Forex Indicators

  • #4,701
  • Oct 6, 2014 8:25am Oct 6, 2014 8:25am
Quoting stevepatt
{quote} Hi cavenlee, I'm still holding EUR/USD D1 {image}
Hi Stevepatt, do you use Fibo retracement levels to set your pending orders?
Per aspera ad astra
  • #4,702
  • Oct 6, 2014 8:39am Oct 6, 2014 8:39am
Quoting cavenlee92
{quote} hi stevepatt this pair can set the pending order ? the weekly and daily chart {image} {image}
Hi cavenlee,

Price action isn't great on this pair at the moment and if I did take this setup I'd place a Sell Stop below Fridays Candle
Attached Image (click to enlarge)
Click to Enlarge Name: 6th Oct 14 AUD:CAD D1 Chart.png Size: 122 KB
  • #4,703
  • Oct 6, 2014 8:45am Oct 6, 2014 8:45am
Quoting jpadvisor
{quote} Hi Stevepatt, do you use Fibo retracement levels to set your pending orders?
Hi jpadvisor,

No, I don't use Fibo re-tracement levels to place pending orders.

I simply look for re-tracements in a developing trend as per the charts I've been posting.
  • #4,704
  • Oct 6, 2014 8:51am Oct 6, 2014 8:51am
Quoting stevepatt
{quote} Hi cavenlee, Price action isn't great on this pair at the moment and if I did take this setup I'd place a Sell Stop below Fridays Candle {image}
OK , how about this pair ? it is looking good ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 184 KB
  • #4,705
  • Oct 6, 2014 8:52am Oct 6, 2014 8:52am
Quoting stevepatt
{quote} Hi jpadvisor, No, I don't use Fibo re-tracement levels to place pending orders. I simply look for re-tracements in a developing trend as per the charts I've been posting.
Tnk. I like your style.
Per aspera ad astra
  • #4,706
  • Oct 6, 2014 9:57am Oct 6, 2014 9:57am
Quoting cavenlee92
{quote} OK , how about this pair ? it is looking good ? {image}

Check Post 4,676
  • #4,707
  • Edited 12:41pm Oct 6, 2014 12:17pm | Edited 12:41pm
Edit : Fixed , sorry . I reput template and now is all good . But the window box in top right is not updated , is the same as in the first picture nihilist posted ... What's the catch ?
Make choices and don't look back !
  • #4,708
  • Oct 6, 2014 7:36pm Oct 6, 2014 7:36pm
A good opportunity to enter the market when to start falling after the rollback.
http://i65.fastpic.ru/big/2014/1007/...e88e8f48a0.jpg
  • #4,709
  • Oct 6, 2014 9:56pm Oct 6, 2014 9:56pm
Quoting stevepatt
{quote} Hi cavenlee, Price action isn't great on this pair at the moment and if I did take this setup I'd place a Sell Stop below Fridays Candle {image}
hi stevepatt
the utra trend signal become green and nihilist_ADX also become green , we still keep thie pending order ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 171 KB
  • #4,710
  • Oct 6, 2014 11:50pm Oct 6, 2014 11:50pm
Quoting fx_mig
Hi, next trades with explain - why and where EUR/JPY {image} {image} CHF/JPY {image} {image} {image}
cont. trades all at screens below:

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 127 KB

Attached Image (click to enlarge)
Click to Enlarge Name: chfjpyh4.png Size: 119 KB
Only price
  • #4,711
  • Oct 7, 2014 4:31am Oct 7, 2014 4:31am
Two things happening here, testing Nihilist Method and FerruFX Risk Calculator on DEMO account

Took 1% risk at 20 pips, trade size 6 lots, profit 1,276.65 on account size - didn't capture the exact size, I think it was 129, 484 - somewhere there.

So excellent calculator, congratulations Mr FerruFX, thanks

Screenshots, trade entry, trade in progress, trade closed at 20 pips TP
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 7-10-2014 7-59-44 PM.png Size: 268 KB
Click to Enlarge Name: 7-10-2014 8-34-49 PM.png Size: 286 KB
Click to Enlarge Name: 7-10-2014 9-21-05 PM.png Size: 200 KB
It takes a lot for me to IGNORE you, but you can try.
  • #4,712
  • Edited 7:21am Oct 7, 2014 4:49am | Edited 7:21am
Quoting Erebus
Two things happening here, testing Nihilist Method and FerruFX Risk Calculator on DEMO account Took 1% risk at 20 pips, trade size 6 lots, profit 1,276.65 on account size - didn't capture the exact size, I think it was 129, 484 - somewhere there. So excellent calculator, congratulations Mr FerruFX, thanks Screenshots, trade entry, trade in progress, trade closed at 20 pips TP {image} {image} {image}
=======
yeah Very meaningFull + helpfull charts Indeed
  • #4,713
  • Oct 7, 2014 6:09am Oct 7, 2014 6:09am
Quoting cavenlee92
{quote} hi stevepatt the utra trend signal become green and nihilist_ADX also become green , we still keep thie pending order ? {image}

Hi cavenlee,

The indicators are a reflection of the current PA.

Market starting to range.
  • #4,714
  • Oct 7, 2014 6:25am Oct 7, 2014 6:25am
Quoting Erebus
So excellent calculator, congratulations Mr FerruFX, thanks
Thank you. Glad you like it
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,715
  • Edited 7:22am Oct 7, 2014 7:04am | Edited 7:22am
Quoting stevepatt
{quote} Hi cavenlee, The indicators are a reflection of the current PA. Market starting to range.
Hi stevepatt,

thank you for posting all the chart, i have been following your chart for quite sometimes,
may i know when you talk about PA, what criteria are you looking at? is it purely at the trend itself whether it is downtrend or uptrend? eg: EU chart
do you look on chart pattern, divergence, MA, etc?

or are you looking on adx, ultra and holy grail alone? do you wait for it to turn all green and blue to enter long?

thanks alot!
  • #4,716
  • Oct 7, 2014 7:26am Oct 7, 2014 7:26am
Hi Ferrufx, Erebus,

where may I find the indi "FerruFX Risk Calculator" ? .... or could you attach it here ?
  • #4,717
  • Oct 7, 2014 7:33am Oct 7, 2014 7:33am
Quoting DerBerliner
Hi Ferrufx, Erebus, where may I find the indi "FerruFX Risk Calculator" ? .... or could you attach it here ?
It's a commercial tool and shouldn't be discussed here. Feel free to contact me in private.
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,718
  • Oct 7, 2014 10:34am Oct 7, 2014 10:34am
Quoting stanvy
{quote} Hi stevepatt, thank you for posting all the chart, i have been following your chart for quite sometimes, may i know when you talk about PA, what criteria are you looking at? is it purely at the trend itself whether it is downtrend or uptrend? eg: EU chart do you look on chart pattern, divergence, MA, etc? or are you looking on adx, ultra and holy grail alone? do you wait for it to turn all green and blue to enter long? thanks alot!

Hi stanvy,

The primary thing I look for is trend and then a pullback in that developing trend.

The chart below of the USD/JPY D1 gives a good example of what I look for.

Only after the market reached the first swing point, with some momentum behind it, was I interested in trading this pair.

At that first swing point, I could see a clear up trend developing, after the market pullback I entered a trade targeting the next swing point.

For me there was no clear PA to enter long again at this swing point.

The second trade I took was after a pullback, in what was now a well established trend, the market even formed a PB for me.

My target for this trade was the weekly swing/supply level.

Trying to explain exactly what I look for is difficult because it comes down to the experience I have and what I find works for me.

Someone else might totally disagree with me and trade the same trend but with different reasons for entering a trade.

What ever system/method you are trading, in my opinion, you have to make it work for you.

It's no good trying to see the market through my eyes everyone has to see the market through their own eyes and find the things that makes it work for them.

It's about trying different things until something clicks and it makes sense. Then you've just got to keep repeating what works until it gets boring.
Attached Image (click to enlarge)
Click to Enlarge Name: 7th Oct 14 USD:JPY D1 Chart.png Size: 163 KB
  • #4,719
  • Oct 7, 2014 11:58am Oct 7, 2014 11:58am
Quoting stevepatt
{quote} Hi stanvy, The primary thing I look for is trend and then a pullback in that developing trend. The chart below of the USD/JPY D1 gives a good example of what I look for. Only after the market reached the first swing point, with some momentum behind it, was I interested in trading this pair. At that first swing point, I could see a clear up trend developing, after the market pullback I entered a trade targeting the next swing point. For me there was no clear PA to enter long again at this swing point. The second trade I took was after a pullback,...
Lova you mannnnnnnnnnnnnnn
  • #4,720
  • Oct 7, 2014 5:20pm Oct 7, 2014 5:20pm
Quoting stevepatt
{quote} Hi stanvy, The primary thing I look for is trend and then a pullback in that developing trend. The chart below of the USD/JPY D1 gives a good example of what I look for. Only after the market reached the first swing point, with some momentum behind it, was I interested in trading this pair. At that first swing point, I could see a clear up trend developing, after the market pullback I entered a trade targeting the next swing point. For me there was no clear PA to enter long again at this swing point. The second trade I took was after a pullback,...

thanks stevepatt, superb explanations!

when you mention the red line, in what criteria or condition do you draw it? or is there any indicator you are using to draw it?

also, when the tsr indi turns green to red, is that consider pullback?

do you enter your trade once ultra and adx turns green immediately after the first candle close after pullback?

and do you set SL for your trade? if yes, how do yoi determine what value you are going to place for SL?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
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