Sonic R. System

Yes, the upgrade of the PVA Candles indicator will also draw standard candles and Heikin-Ashi candles on top of the Dragon, with several sets of color choices built in. The PVA Volumes indicator will also draw normal volumes.

thank you tah! cant wait for the new release.

EU long

USDJPY Short Trade Open:

M15 Classic entries. LS, nice bear PA waves, good angle down on Dragon, Trend starting to angle down, PA below both Dragon and Trend. If PA breaks down thru the PVT, a good run might be had.

USDCHF Short Trade Open:

M15 Classic entry: LS, Dragon angled down, Trend down, Dragon below Trend, PA below both, and the PA waves are nicely bearish. On the negative side, it is getting late in the LS. If this does not break low then it could go into ranging until tomorrow, and tomorrow the MMs could take the price higher again. The TP is sort of tentative because if this does break low, it might only go to the previous lows, not all the way down to RDL.

GBPJPY:

This looks bearish to me. Look at that "island" up there! And with the lows being more uniform than the highs, it sure looks like the MMs are supporting the price to make sure they can close longs and load up with shorts in that half number area, before they pull the rug out from under the price. This is very speculative, and we cannot know how the MMs will move price, but it sure looks bearish to me. And then, there is the question of that gap getting filled......

Well, the week is still very young. So, maybe one more MM manipulated price run up to the whole number area, suckering in longs so they can finish loading up train with short orders before pulling out of the station, crossing the bridge, and heading south.

EURUSD Long Trade Closed:

Closed for gain of 8 pips average, 112.5 pips total.

Added to trade. Slept. Awoke to see SL hit. Still bullish (why the SL was hit), so resumed trade with larger size. Closing now because whole number has been reached and price might fade into the next Asian session.

USDCHF Short Trade Closed:

Closed for gain of 12 pips average/total. Price hit DS1 in after hours and is not likely to drop further. But, never can know. Closing trade here, anyway.

USDJPY M5 long scout position
Close at nearest historical resistance.

USDJPY FORECAST

Dear all, i'm new bie for using Sonic R,

i don't know many symbol like RDL, RDH MR1, MS1 what is it?

i try to found the meaning in handbook sonic R, i can't found it..

anyone can help me?

Regards

Support resistance levels

RDL daily high
RWL weekly high
DR - daily resistance intraday
DS - daily support intraday


ms -don't know, I don't have them!

GJ Forecast

bear with my (pun intended) as I try out my newbie chart reading powers:

GBPJPY M5 green candle action above the half number line. Low volume early Asian session. This still seems to indicate bearish MM's getting ready for the Tokyo open?

Am I reading this right?

pgq

GU Forecast

Daily and Fibonacci Pivots -

A. Main Pivot Line
You can select to display the main pivot (PVT) for the day. It can be constructed
using two lines. One can be a wide background line of a highlighting color and the
other can be a narrow top line of a darker color (Examples: Yellow & Gray respectively).
B. Support & Resistance Lines-
You can select to display the support and resistance pivot lines (SR) using either the
Daily or Fibonacci formulas. The Fibonacci displays five levels. Normally, the Daily
displays only three levels, but is extended to include five levels.

Daily Pivots are :
Resistances: DR1 to DR5.
Supports: DS1 to DS5.
And their Middles: MR1 to MR5, and MS1 to MS5.

If your choice is Fibonacci Pivots, then you can see FR1, etc... F instead of D (nomenclature). See chart below.

Attached Image (click to enlarge)

C. Broker or Time Zone Shifted Pivots
You can display your broker server pivots, or you can select to display pivots based
on a different time zone (PivotsTz). New coding fully automates the complexities of
PivotsTz, such as timing the hour shift for DST twice yearly, depending on when your
broker does that. Your choice to use PivotsTz requires only three simple inputs-
I. "PivotsTz_On"
Set this equal to "true". If "false", then broker server pivots are displayed.
II. "__Use_Preferred_Offset"
Set to "true" if you wish pivots displayed to be based on the Frankfurt time zone.
if set to "false" the input for "__Alternative_GMT_Offset" will be used.
III. "__Alternative_GMT_Offset"
This is your alternative choice of time zone location relative to GMT in +/- hours
(examples: for GMT use "0", for one time zone east of GMT use "1", and for four
time zones west of GMT use "-4").

When pivots are displayed, "P" will show in the appropriate Clock label matching the
time zone the pivots are based on. Realize that by choosing PivotsTz, when the next
PivotsTz day occurs during the broker server day, the PivotsTz lines will suddenly
change. PivotsTz will display either "^", "<", or ">" in the labels for the lines.

By default, PivotsTz are set to the preferred Frankfurt time zone and will display "^"
in the labels. If you select a PivotsTZ time zone less than the default "<" appears
in the labels. If you select a PivotsTZ time zone greater than the default ">" appears
in the labels. Broker pivots display nothing extra in the labels.


........................................................................................................................
Do You Know the concept of ADR or ATR?
..............................................................................................................

Range High/Low Lines for the Day and Week-

You can display two horizontal lines, one for the computed range high target, and one for the computed range low target. The range is based on the averaging period you select (defaults: day=15, week=13).

The special range averaging process for the Day range lines skips any brief Sunday sessions of some brokers, which would drag the average down.
The week range lines use the standard ATR formula since brief Sunday sessions do not much affect the results.

A. Two conditions determine where range lines appear....

1. Condition #1 - the Day/Week range has not exceeded the computed average range.
* The RDH/RWH line is the computed average range distance above the session Low.
* The RDL/RWL line is the computed average range distance below the session high.
* The lines will move as new highs/lows are achieved during the session.
* This display shows how far price can move in either direction before exceeding the computed average range.

2. Condition #2 - the Day/Week range has exceeded the computed average range.
* If price swings during the day/week TF cause the difference between the high and the low to equal the computed range, the range lines lock into place.
* This display will clearly show any subsequent breakout of the range.


B. The purpose of the range lines is to provide a perspective on how far PA might move during the trading day or week. This can be of some guidance in selecting where to exit a trade.
A swing trader might pay more attention to the RWH/RWL lines, and hold a trade into oncoming days.
However, a day trader looking for quick profits and limited exposure to market price swings might pay more attention to the RDH/RDL lines.

PS: You can open all indicators Sonic (* .MQL4, or source file), by MetaEditor. And there you can read all the information in that element.

Everything is answered in the Post #1 Homework. Do your homework conscientiously and you won't be embarrassing yourself by asking such questions. In Post #1 you were instructed to read the User Notes in the compiles of the indicators. You were even given instructions on how to get to the User Notes. You either did not bother to read, or you did not bother to obey. And this is why you are now asking elementary questions already answered in the material in Post #1, and linked in Post #1.

Being a newbie does not excuse you from doing the Post #1 Homework all conscientious Sonicers do here. If you are unwilling to do this work to become a Sonicer, then you are probably unwilling to do other work too, to become successful. Maybe you should quit while you are ahead. That is up to you, but please do not bother other Sonicers here for answers to questions which you have simply because you have not done the prescribed work.

For my money, you owe Patron a gracious "Thank you!" for highlighting some of the material you should already have read, per Post #1 instructions. Now, please go do the work you are responsible for doing on your own. A lot of time has been spent creating the material provided thru Post #1. The least you can do is avail yourself of it instead of asking questions.

-tah

EURUSD Long Trade Open:

M15 Classic, pre-LS. This is a continuation of the trade yesterday. At this stage, it appears the price has retraced slightly and has set up again. But, it is an Asian session setup which means it might do nothing at all, and then the LS MMs might retrace the price more. This is something we can suspect, but not be sure of. So, I decided to make this entry and wait and see what the LS MMs do.

I do think this is a good one, due to some recovery in eurozone. MMs might interfere, but given the time of the month? likely they would like to pump/dump next week, or during next NFP.

Hi everyone !
High possibility of falling price AUD/USD to 0.8746,but we have to wait