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  • #8,981
  • Dec 22, 2014 5:05am Dec 22, 2014 5:05am
Yes i agree celebration needed and wish you all Merry Christmas in advance.

Mr.AG
  • #8,982
  • Dec 22, 2014 7:16am Dec 22, 2014 7:16am
Quoting thomasz1
{quote} wolfwave is a useless indicator
You can't just say that.
You have to give me a reason.
Work smarter,not harder
  • #8,983
  • Dec 22, 2014 7:43am Dec 22, 2014 7:43am
Quoting Mr.AG
Yes i agree celebration needed and wish you all Merry Christmas in advance. Mr.AG
And Merry Christmas for you and all the members of this amazing thread, i have a feeling that this next year we're going to have a full blast of pips as more and more members are getting really good at having patience and following the rules and concepts of this system. We are not here to provide signals, as Alien had said once, wave watching it's like a new sport, and we should come here just to tell what game we are currently watching and in which channel. Don't forget the popcorns .

Attached Image
  • #8,984
  • Dec 22, 2014 10:11am Dec 22, 2014 10:11am
im already finished reading all infos in this great thread..ready to post my analysis if i have free time..
FXerha
  • #8,985
  • Dec 22, 2014 10:17am Dec 22, 2014 10:17am
Quoting Profit Daily
GBP/JPY 1 hr long DS trade {image}
Good call Profit Daily.
The dashboard is all green.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 112 KB
Per aspera ad astra
  • #8,986
  • Dec 22, 2014 1:56pm Dec 22, 2014 1:56pm
GBP/AUD
Weekly and daily tf is bullish
On H4, 21 sto is around 50 level, BBS and a DS already developed
On H1, 21 sto is also around 50 level and BBS but 89 and 144 adx is at bottom

These are the ones that i like, slower adx at the bottom gives less fake out when it rises again.
I don't know the direction right now,but i only need for M15 to start to expand for H1 to follow through.
This setup probably will develop after christmas, so Happy Christmas!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDmicroH1.png Size: 71 KB
Work smarter,not harder
  • #8,987
  • Dec 22, 2014 3:20pm Dec 22, 2014 3:20pm
Anybody has noticed that when we have a DS trade on a higher time frame we get several others on the lower time frames as the first one completes itself? This is always great to adding positions or staying in the trade.
  • #8,988
  • Dec 22, 2014 5:49pm Dec 22, 2014 5:49pm
DS trades on Daily USDJPY and GBPJPY are about to confirmed, there is also a DS trade on H1 on GBPJPY developing.
  • #8,989
  • Dec 23, 2014 12:11am Dec 23, 2014 12:11am
long for wave 5???

m15-daily long
only m5 not yet ready for long UJ
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 170 KB
FXerha
  • #8,990
  • Dec 23, 2014 1:14am Dec 23, 2014 1:14am
Good day to all

GJ H1 DS

Not sure how far it can go, but combine with D1 DS, this still possible at least go for some pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB

BBS happen
ADX still contracting
RSIoma above 80
DDS crossed UP for long
GreenStoch heading UP
833 Stoch heading down to give us Slingshot too

But there is a News Impact in 2hours time from now, stay tune.

Mr.AG
  • #8,991
  • Dec 23, 2014 2:34am Dec 23, 2014 2:34am
hi guys
it will be appreciated if some one can make an adx indicator with these specifications :
4 bars : first bar for adx ( green for positive slope , red for negative slope and yellow for no direction )
second bar for +di ( green for positive slope , red for negative slope and yellow for no direction )
third bar for -di ( red for positive slope , green for negative slope and yellow for no direction )
and the last bar for adx value ( red for adx<20 , yellow for 20<adx<25 green for 25<adx<40 and aqua for 40<adx )
and also :
adjustable period for adx and di separately
adjustable time frame (multi time frame )
and non repainting
thanks a lot in advance
  • #8,992
  • Dec 23, 2014 2:48am Dec 23, 2014 2:48am
Quoting amiralias
hi guys it will be appreciated if some one can make an adx indicator with these specifications : 4 bars : first bar for adx ( green for positive slope , red for negative slope and yellow for no direction ) second bar for +di ( green for positive slope , red for negative slope and yellow for no direction ) third bar for -di ( red for positive slope , green for negative slope and yellow for no direction ) and the last bar for adx value ( red for adx<20 , yellow for 20<adx<25 green for 25<adx<40 and aqua for 40<adx ) and also : adjustable period for...
would you like some ketchup and mustard with this order?

Geez
If you know how to trade, you don't need to sell any services!!!
  • #8,993
  • Dec 23, 2014 2:59am Dec 23, 2014 2:59am
Quoting pipinit
{quote} would you like some ketchup and mustard with this order? Geez


MT4/MT5 EAs/Indicators/Alerts coder
  • #8,994
  • Edited 3:56am Dec 23, 2014 3:51am | Edited 3:56am
meanwhile, in the markets! Gold 15 M
Attached Image (click to enlarge)
Click to Enlarge Name: gold-15mins-23-dec-2014.png Size: 90 KB
If you know how to trade, you don't need to sell any services!!!
  • #8,995
  • Dec 23, 2014 5:14am Dec 23, 2014 5:14am
Quoting FXerha
hi..im gonna test this ew indi with alien method for this week..i need advice by old members here {file}
Hi FXerha, to me the best tool to count the waves is your eye, taking into account the rules of Elliott Principle. I use a zig-zag indi just for visual help.
Attached Image
Per aspera ad astra
  • #8,996
  • Dec 23, 2014 6:07am Dec 23, 2014 6:07am
Quoting jpadvisor
DAX H1 H&S? {image}
Dax H1 - update
Took this nice DS trade on H1 and exited same day.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-MAR15.H1.png Size: 114 KB
Per aspera ad astra
  • #8,997
  • Dec 23, 2014 8:57am Dec 23, 2014 8:57am
I'm looking to recreate RSIOMA in excel but I'm missing something.....

this below are my step:

1. calculate EMA(14)
2. calculate difference EMA(k)-EMA(k-1)
3. calculate the AVERAGE(14) of sum positive and sum negative of 2
4. Calucalte RS as Average(sum) / average(neg) if average(neg)=0 then RS=0
5. RSIOMA= 100-100/(1+RS); IF RS=0 then RSIOMA=100

when I compare the number in excel with those on the MT4, they are not the same.
Anyone can help? TIA
  • #8,998
  • Dec 23, 2014 12:04pm Dec 23, 2014 12:04pm
USD/JPY Daily -
Price went through 61,8 and 78,6 Fibo retracement levels. So I think that wave 4 is over and we are going to 124.
On Stochastics we have a X Cross and on RSIOMA the DS is now turning up.
ADX have still space to grow.
As our Master says: "time will tell".
Have a nice Christmas everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura USDJPY.PNG Size: 90 KB
Per aspera ad astra
  • #8,999
  • Edited 12:21pm Dec 23, 2014 12:07pm | Edited 12:21pm
Quoting FXerha
long for wave 5??? m15-daily long only m5 not yet ready for long UJ {image}
I saw the same thing and entered @ 8:36 CET, bagged a nice 48 pips today....which on my micro-lot account equals a free sandwich at lunch

Always nice to see someone else saw the same setup, gives me some assurance I am on the right track.
Being good at what you do is a result of having fun
  • #9,000
  • Dec 23, 2014 3:45pm Dec 23, 2014 3:45pm
Quoting Ivanof
I'm looking to recreate RSIOMA in excel but I'm missing something..... this below are my step: 1. calculate EMA(14) 2. calculate difference EMA(k)-EMA(k-1) 3. calculate the AVERAGE(14) of sum positive and sum negative of 2 4. Calucalte RS as Average(sum) / average(neg) if average(neg)=0 then RS=0 5. RSIOMA= 100-100/(1+RS); IF RS=0 then RSIOMA=100 when I compare the number in excel with those on the MT4, they are not the same. Anyone can help? TIA
I believe you're doing it right mostly, except for doubts about step 4, just to make sure :
1. 14 period EMA on closing price
2. looks right
3. POS = (gains in the EMA on the UPdays during past 14 periods)/14, likewise for downdays NEG
4. RS=POS/NEG, setting RS to zero if NEG approaches zero seems strange mathemathically, can you explain? RS should approach infinity if NEG nears zero
5. RSI calculation seems by the book.

If RS is zero, RSIOMA should be zero as well (neg value much higher than pos value makes RS zero, thus downtrend, thus RSIOMA zero).
The game taught me the game. And it didn't spare me the rod while teaching.
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