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Simple High Probability Trading

  • #241
  • Jan 21, 2015 1:44am Jan 21, 2015 1:44am
Quoting mkfx
{quote} Hi Kaystreet, Please can you post your chart with any recent trade to understand what other tow HTF candle you are using Thanks
My method of using a candlestick HTF to re-refine the trend is not yet properly foward tested. Posting the charts here might divert the thread from the major strategy. Will do that as soon as i get stuff together.
I am thinking of creating a Skype group_Where members can share and discuss live trade screen shot setups that are forming , as they form. Learn from each other and better ourselves more and faster. Then we can always drop a more refined idea on this thread so other 'newer' people can learn with trust in the method.
Someone tell me it's okay...and i will go ahead and do it and post the skype contact here.
Cheers!
L.L.L.T
  • #242
  • Jan 21, 2015 9:23pm Jan 21, 2015 9:23pm
Quoting FerruFx
{quote} No. In order to increase the history in the live charts, the max bars must be increased in Tools > Options > Charts tab.
Thanks for your answer,

I modified the following options and recreate the RangeBar Charts but nothing happen, still see few bars.

Tools > Options > Chart > Max Bars in History & Max Bars in Chart

Any idea??, thanks in advance

PD: I use MT4
  • #243
  • Jan 21, 2015 9:43pm Jan 21, 2015 9:43pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting sebas1987
{quote} Thanks for your answer, I modified the following options and recreate the RangeBar Charts but nothing happen, still see few bars. Tools > Options > Chart > Max Bars in History & Max Bars in Chart Any idea??, thanks in advance PD: I use MT4
You have to restart your platform. Then on the live chart, scroll back in history to load the datas.
MT4/MT5 EAs/Indicators/Alerts coder
  • #244
  • Jan 23, 2015 11:17am Jan 23, 2015 11:17am
Quoting KayStreet
{quote} My method of using a candlestick HTF to re-refine the trend is not yet properly foward tested. Posting the charts here might divert the thread from the major strategy. Will do that as soon as i get stuff together. I am thinking of creating a Skype group_Where members can share and discuss live trade screen shot setups that are forming , as they form. Learn from each other and better ourselves more and faster. Then we can always drop a more refined idea on this thread so other 'newer' people can learn with trust in the method. Someone tell...
Sure, nice idea to share opinions...
Please put the Skype contact here!
  • #245
  • Jan 23, 2015 12:10pm Jan 23, 2015 12:10pm
Quoting sebas1987
{quote} Sure, nice idea to share opinions... Please put the Skype contact here!
Okay..Let' go.
Just request a skype contact add. My Skype name is KAY STREET.
The KAY STREET profile picture is the same as my Forex Factory profile picture.

Then after that i will add you to the group (Kay Street_Rnk8/Rng8)
See you there.
L.L.L.T
  • #246
  • Jan 23, 2015 12:56pm Jan 23, 2015 12:56pm
Hi All,

Just had another look at this strategy, it looks quite interesting.

I was wondering whether anyone uses a filter relating to the minimum retracement you would wish to see before getting onboard. I was thinking 50% might work quite well as in the attached example.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 10 Range.png Size: 33 KB
  • #247
  • Edited 1:17pm Jan 23, 2015 1:02pm | Edited 1:17pm
Hello, very interesting, simple looking price action strategy.

So, as I have read, the setup is 2 bars after pull back with the trend. But what do you think about the entry just when the pin bar is formed in possible pull back area?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 171 KB

I marked this with green arrows. The red or blue, the smaller ones are from the SHPTv1 indicator posted earlier, and they also look fair. We can use this as a confirmation, because aboe the very last loosing pin bar, the red arrow wasn't painted. So with that kind of entry Risk: Reward ratio can easy be 1:3 or how it just seems from price action ( I mean exit, SL still above the wick).

How does it seem for you guys?
Cheers
  • #248
  • Jan 23, 2015 1:37pm Jan 23, 2015 1:37pm
Hello JackAntigua, what indicator did you use? Fibonacci?

Thanks
  • #249
  • Jan 23, 2015 1:59pm Jan 23, 2015 1:59pm
Quoting sebas1987
Hello JackAntigua, what indicator did you use? Fibonacci? Thanks
Yes that's right, just a straightforward 50% fib.
  • #250
  • Jan 24, 2015 4:23am Jan 24, 2015 4:23am
Quoting Cezaryl
Hello, very interesting, simple looking price action strategy. So, as I have read, the setup is 2 bars after pull back with the trend. But what do you think about the entry just when the pin bar is formed in possible pull back area? {image} I marked this with green arrows. The red or blue, the smaller ones are from the SHPTv1 indicator posted earlier, and they also look fair. We can use this as a confirmation, because aboe the very last loosing pin bar, the red arrow wasn't painted. So with that kind of entry Risk: Reward ratio can easy be 1:3 or...
The problem is that the CCI was above +50 at the time the pinbar closed so if you were going by the rules of the system this would be incorrect.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 10 Range (2).png Size: 31 KB
  • #251
  • Jan 26, 2015 9:54pm Jan 26, 2015 9:54pm
Hello Again,

I have problems to configure some Range Bar Charts, in some Pairs i see few bars

For example i can try with GPBCAD pair.

Let me share with you the screenshot.

Any idea?

Thanks in advance.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Config2.PNG Size: 105 KB
Click to Enlarge Name: Config4.PNG Size: 14 KB
Attached Images
  • #252
  • Edited 1:32am Feb 1, 2015 1:15am | Edited 1:32am
Quoting sebas1987
Hello Again, I have problems to configure some Range Bar Charts, in some Pairs i see few bars For example i can try with GPBCAD pair. Let me share with you the screenshot. Any idea? Thanks in advance.
Go to your GPBCAD M1 chart and press the page up button many times
Go back in time a couple of days and it should be enough.

I don't know what setting other traders use for their indicator's number of bars
but I try to keep this number to as low as possible so that it doesn't crash or slow down my MT4.
If a daily range is 150 pips you only need 500 pips to go back 3 days
I hope this helps
Have a nice day
  • #253
  • Feb 1, 2015 6:52am Feb 1, 2015 6:52am
Quoting billv
{quote} Go to your GPBCAD M1 chart and press the page up button many times Go back in time a couple of days and it should be enough. I don't know what setting other traders use for their indicator's number of bars but I try to keep this number to as low as possible so that it doesn't crash or slow down my MT4. If a daily range is 150 pips you only need 500 pips to go back 3 days I hope this helps
Do as Billv describes above THEN attach the rangebar indicator and that should work.

doc
  • #254
  • Feb 1, 2015 9:36pm Feb 1, 2015 9:36pm
Quoting billv
{quote} Go to your GPBCAD M1 chart and press the page up button many times Go back in time a couple of days and it should be enough. I don't know what setting other traders use for their indicator's number of bars but I try to keep this number to as low as possible so that it doesn't crash or slow down my MT4. If a daily range is 150 pips you only need 500 pips to go back 3 days I hope this helps
Hello, maybe i dont understand very well, but press the page up button in the M1 chart donīt display more bars in the offline chart bart,

Thanks again for your help!
  • #255
  • Feb 1, 2015 9:40pm Feb 1, 2015 9:40pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting sebas1987
{quote} Hello, maybe i dont understand very well, but press the page up button in the M1 chart donīt display more bars in the offline chart bart, Thanks again for your help!
Yes it will only go to the end of the history created by the online chart.
MT4/MT5 EAs/Indicators/Alerts coder
  • #256
  • Feb 1, 2015 9:58pm Feb 1, 2015 9:58pm
Quoting FerruFx
{quote} Yes it will only go to the end of the history created by the online chart.
Ok, thanks, my problems is that i see few bars in the offline chart
  • #257
  • Feb 1, 2015 10:51pm Feb 1, 2015 10:51pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting sebas1987
{quote} Ok, thanks, my problems is that i see few bars in the offline chart
You must then make the live chart to create more history.
MT4/MT5 EAs/Indicators/Alerts coder
  • #258
  • Feb 1, 2015 11:39pm Feb 1, 2015 11:39pm
Yes, i leave the chart open all day... thanks!!
  • #259
  • Feb 1, 2015 11:44pm Feb 1, 2015 11:44pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting sebas1987
Yes, i leave the chart open all day... thanks!!
That wasn't what I meant.

In order to create more history in your offline chart, you must load more history in your live chart ... by setting your platformp to do so (Tools > Option > Chart tab) then restart your platform and scroll back your live chart to load the candles back in history. Then reapply your script on this live chart to recreate the offline chart history.
MT4/MT5 EAs/Indicators/Alerts coder
  • #260
  • Feb 2, 2015 12:26am Feb 2, 2015 12:26am
Quoting FerruFx
{quote} That wasn't what I meant. In order to create more history in your offline chart, you must load more history in your live chart ... by setting your platformp to do so (Tools > Option > Chart tab) then restart your platform and scroll back your live chart to load the candles back in history. Then reapply your script on this live chart to recreate the offline chart history.
Now Yes!. thanks again for your time and help!!!

Greetings!!!!
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