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More simple is impossible

  • #1,001
  • Feb 14, 2015 2:25pm Feb 14, 2015 2:25pm
I see some are confused about divergence. Found this and thought it may help.....(if already explained in detail previously, sorry for the post).
Attached Image (click to enlarge)
Click to Enlarge Name: Explanation of Divergence.jpg Size: 113 KB
Attached File(s)
File Type: rar MACD_Divergence_V1.1.rar   10 KB | 530 downloads
Keep It Simple
  • #1,002
  • Feb 14, 2015 5:30pm Feb 14, 2015 5:30pm
Quoting cigarguy
I see some are confused about divergence. Found this and thought it may help.....(if already explained in detail previously, sorry for the post). {image} {file}
Thanks Cigarguy. This helped me a lot. This thread seems interesting I'm gonna have a read,.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #1,003
  • Feb 15, 2015 4:53am Feb 15, 2015 4:53am
Quoting nods80
{quote} Thanks Cigarguy. This helped me a lot. This thread seems interesting I'm gonna have a read,.
NP, hope it helps
Keep It Simple
  • #1,004
  • Feb 15, 2015 4:57am Feb 15, 2015 4:57am
Holiday weekend, bored traders, what do you get?

For those of you who do not as yet know about Price Action, divergence etc, there is a method that does not get more simple! Jaquemate showed you one at the beginning of this thread, here is another very very similar one also using Trend lines and Renko Bars.
He/they started out with this thread here on FF, which became a commercial thread with links to youtube.
If you ever played connect the dots as a kid, you can trade this.

Automated4X - Breakout Strategy @ Forex Factory

The you tube videos are short enough not to send you to sleep, the "Market Overview" are Renko specific, the "Forex Scalping" ones are a mix of Renko and Regular candles.

HyperFX Academy - YouTube

You will not need to watch loads of them to get the gist.

Enjoy
Cut your Losers short and let your Winners run.
  • #1,005
  • Feb 15, 2015 5:07am Feb 15, 2015 5:07am
Subscribed to this yesterday, looks super simple. Going to demo next week along with the divergences. Need something like this that can be followed on a mobile why I am at work.

Quoting dee50
Holiday weekend, bored traders, what do you get? For those of you who do not as yet know about Price Action, divergence etc, there is a method that does not get more simple! Jaquemate showed you one at the beginning of this thread, here is another very very similar one also using Trend lines and Renko Bars. He/they started out with this thread here on FF, which became a commercial thread with links to youtube. If you ever played connect the dots as a kid, you can trade this. Automated4X...
  • #1,006
  • Feb 15, 2015 5:10am Feb 15, 2015 5:10am
Hi guys I have a simpler system:

Inserted Code
function simpleSystem() {
  buy('S&P500', (Leverage: 100%));
}
  • #1,007
  • Feb 15, 2015 5:38am Feb 15, 2015 5:38am
Have you been keeping up with the Pro traders at Danske Bank? Here is Fridays list of trades.
Attached File(s)
File Type: pdf DanskeTechnicalUpdate.pdf   64 KB | 471 downloads
Cut your Losers short and let your Winners run.
  • #1,008
  • Feb 15, 2015 7:08am Feb 15, 2015 7:08am
Quoting dee50
Have you been keeping up with the Pro traders at Danske Bank? Here is Fridays list of trades. {image}
Interesting stuff ...they publish every day at the opening of the European session?
nescentia necat
  • #1,009
  • Feb 15, 2015 7:18am Feb 15, 2015 7:18am
Quoting dee50
Holiday weekend, bored traders, what do you get? For those of you who do not as yet know about Price Action, divergence etc, there is a method that does not get more simple! Jaquemate showed you one at the beginning of this thread, here is another very very similar one also using Trend lines and Renko Bars. He/they started out with this thread here on FF, which became a commercial thread with links to youtube. If you ever played connect the dots as a kid, you can trade this. <a href="http://www.forexfactory.com/showthread.php?t=504844" target="_blank">Automated4X...
I read the 3d, the system seems interesting, 'without thinking too much' style ...but I assume that the system should still be combined with analysis , a good knowledge of filters for the entry (as someone wrote in a few posts), and properly evaluate the market movement. otherwise accomplices risk of running into constant changes of direction that can hurt.

anyway, thanks dee, let me never get bored!
nescentia necat
  • #1,010
  • Feb 15, 2015 7:48am Feb 15, 2015 7:48am
Quoting friska
{quote} I read the 3d, the system seems interesting, 'without thinking too much' style ...but I assume that the system should still be combined with analysis , a good knowledge of filters for the entry (as someone wrote in a few posts), and properly evaluate the market movement. otherwise accomplices risk of running into constant changes of direction that can hurt. anyway, thanks dee, let me never get bored!
Like any method it runs into trouble during consolidation, but with a little common sense that can be dealt with. Just taking the trendline breaks it coped with the last fews days quite respectably.

here is the ZZ swing indi if anyone is really bored. Leave it set to 2 on a 5 pip brick but change it to 3 or even 4 on a 3 pip brick.
Attached File(s)
File Type: mq4 Swing_ZZ.mq4   11 KB | 567 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: Easy Peesy Method.png Size: 62 KB
Cut your Losers short and let your Winners run.
  • #1,011
  • Feb 15, 2015 8:59am Feb 15, 2015 8:59am
I tried with a setting zz = 1 on a 5pip renko.
this is the result. good, but more aggressive..
with setting 2
I would have lost long marked with the green arrow but I'd also been out from the only loss of the session (purple arrow).

p.s.
draw with mt4 is a nightmare...
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-02-15 alle 03.58.19 PM.png Size: 33 KB
nescentia necat
  • #1,012
  • Feb 15, 2015 12:05pm Feb 15, 2015 12:05pm
This is my interpretation. I've copied the rules from page one of the Automated4X forum and have included on the image below as a handy reference. The only addition I would make is to only enter when a candle closes above/below a trend line, not when a wick crosses it.

Bring on the pips!

Attached Image (click to enlarge)
Click to Enlarge Name: Moonie_zz.png Size: 118 KB
  • #1,013
  • Feb 15, 2015 12:18pm Feb 15, 2015 12:18pm
Quoting Moonie
This is my interpretation. I've copied the rules from page one of the Automated4X forum and have included on the image below as a handy reference. The only addition I would make is to only enter when a candle closes above/below a trend line, not when a wick crosses it. Bring on the pips! {image}
brick size and zz set?
nescentia necat
  • #1,014
  • Feb 15, 2015 12:29pm Feb 15, 2015 12:29pm
Brick size 5 pip, setting in indicator - 2
Quoting friska
{quote} brick size and zz set?
  • #1,015
  • Feb 15, 2015 12:32pm Feb 15, 2015 12:32pm
i get it,
thanks!
nescentia necat
  • #1,016
  • Edited 5:50am Feb 16, 2015 5:27am | Edited 5:50am
EU +14 +11. I missed the entry on the GU for the Dbl Top + Div so I waited for a pullback to enter but it came so quickly I declined, as it happens although it has run for a good 50 pips I would have been stopped out repeatedly anyway.
Hope some one else caught it. As today is a Holiday I am happy to settle for what I have.

This is a 3pip Brick chart and I have the ZZ swing set at 3.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +14 +11 160215.png Size: 30 KB
Cut your Losers short and let your Winners run.
  • #1,017
  • Edited 7:47am Feb 16, 2015 6:42am | Edited 7:47am
hi all!
hi dee, well done!
this morning, I experienced the scalping system (the other one, not renko) that I saw by the same authors Automated4X.
I have experienced because I have not found any explanation or EA around and so I had to interpret the method from their videos.
..opening hand positions and close manually.
premise that is a martingale, so that I do not like too much (Martingale = margin call, sooner or later),
it works quite well. (I worked with ridiculous size) ..
however, in the morning, waiting for eu (renko) is released,
I managed to get as 20pip with my normal size. not bad.
but you have to be glued to the monitor and always careful.
nescentia necat
  • #1,018
  • Feb 16, 2015 6:57am Feb 16, 2015 6:57am
Hi Dee, Do you run a M2 and M3 chart together to check for smaller setups?
Quoting dee50
EU +14 +11. I missed the entry on the GU for the Dbl Top + Div so I waited for a pullback to enter but it came so quickly I declined, as it happens although it has run for a good 50 pips I would have been stopped out repeatedly anyway. Hope some one else caught it. As today is a Holiday I am happy to settle for what I have. This is a 3pip Brick chart and I have the ZZ swing set at 3. {image}
  • #1,019
  • Feb 16, 2015 7:47am Feb 16, 2015 7:47am
Quoting Moonie
Hi Dee, Do you run a M2 and M3 chart together to check for smaller setups? {quote}
No. I run a 10pip brick (1hr) and a 3pip Brick (1min) chart, that is all. I look for setups on the 3 pip chart and check the 10 pip for direction.
Cut your Losers short and let your Winners run.
  • #1,020
  • Feb 16, 2015 8:02am Feb 16, 2015 8:02am
Quoting friska
hi all! hi dee, well done! this morning, I experienced the scalping system (the other one, not renko) that I saw by the same authors Automated4X. I have experienced because I have not found any explanation or EA around and so I had to interpret the method from their videos. ..opening hand positions and close manually. premise that is a martingale, so that I do not like too much (Martingale = margin call, sooner or later), it works quite well. (I worked with ridiculous size) .. however, in the morning, waiting for eu (renko) is released, I managed...
If you look at their Trade Explorer for Automated4x it is obvious that the method? they are using has nothing to do with the Trendline breakout strategy as explained in their thread!! looking back thru the trade history and opening a chart of the trades I can not see a method. Buying in a downtrend makes no sense! and not just once but repeatedly.
Attached Image (click to enlarge)
Click to Enlarge Name: automated4x trade explorer.png Size: 37 KB
Cut your Losers short and let your Winners run.
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