Trading is as simple as ABCD | Page 243 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Gartley/bat/crab/butterfly/abcd/three Drives Pattern Indicator Help 50 replies

Abcd fibo retracement trading journal 109 replies

ABCD - My way 122 replies

ABCD Fibo 82 replies

abcd patterns 1 reply

Attachments: Trading is as simple as ABCD
Exit Attachments

Trading is as simple as ABCD

  • #4,841
  • Apr 3, 2015 5:38pm Apr 3, 2015 5:38pm
Quoting clivepackham
Ok I've downloaded the FSMA from my terminal , although thats where I originally got it from but still no luck, I give up , i'll just use my 35 lwma very similar just not as smooth which is a shame as charts jump about a bit more... Anyway time for some quiet time with the Mrs catch up tomoz guys... Thanks for all your help maybe if we can get on Skype sometime Godsclown we can share screens and see whats what???
Ok my Friend. Befor we discus this on Skype, let's try one last thing.
First, unpack the zip-folder below, and then put the TTindy folder in your indicator folder. Start mt4 and in your indicator list you should find that whats in the red rectangle.
Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.png Size: 191 KB

Then open a chart, put the TTindy #top 28 trenders all brokers_v1.1 on it with tf1matype=8 and tf2matype=20, and after that refresh the chart.
Then open the expert tap of your terminal, like below on the pic, and you should see that both AllAverages_v3.3 and HMA_v2 are loaded successfully. Like in the green rectangle.
Attached File(s)
File Type: zip TTindy.zip   162 KB | 654 downloads
  • #4,842
  • Apr 3, 2015 8:20pm Apr 3, 2015 8:20pm
Quoting Divergence
are you complicating things clive? I noticed on a lot of your charts if you took the ones that showed divergence you would have scored nicely
i'm interested in how you are using the cci on Clive's charts to see divergence. I've been using it just to confirm strength of pullbacks. Could you post a chart when you get a chance sometime?
thanks in advance-
jason
  • #4,843
  • Apr 3, 2015 9:46pm Apr 3, 2015 9:46pm
Quoting bapakjason
{quote} i'm interested in how you are using the cci on Clive's charts to see divergence. I've been using it just to confirm strength of pullbacks. Could you post a chart when you get a chance sometime? thanks in advance- jason
I am not Mr. Divergence however in the time I spent here previously I showed examples of how I was using divergence in the CCI as a deciding factor.

See attached and example of this. EURJPY, April 2nd at NY and NYSE market opens. See how we have a couple of great things happen.

  1. PA makes a HH (highest high of the day) and a HL but the CCI on the sub 100 readings makes a LL reading on the higher PA = divergence where PA and the CCI are not aligned.
  2. We are have broken and are now testing into the 129.50 level (RN level).

Nice strong move seen after.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYiM1.png Size: 95 KB
Today's zone = Tomorrow's opportunity!
  • #4,844
  • Apr 3, 2015 9:58pm Apr 3, 2015 9:58pm
Quoting pres78
{quote} I am not Mr. Divergence however in the time I spent here previously I showed examples of how I was using divergence in the CCI as a deciding factor. See attached and example of this. EURJPY, April 2nd at NY and NYSE market opens. See how we have a couple of great things happen. PA makes a HH (highest high of the day) and a HL but the CCI on the sub 100 readings makes a LL reading on the higher PA = divergence where PA and the CCI are not aligned. We are have broken and are now testing into the 129.50 level (RN level). Nice strong move seen...
Thank you. I will go back and study your previous posts also. I see you are using cci14 and cci210. I'm now looking at charts this way. Thanks for previous examples.

Jason
  • #4,845
  • Apr 4, 2015 12:39am Apr 4, 2015 12:39am
Quoting Vantage
{quote} If you're going for an alert why not go the whole hog? Try for something that has the trade criteria: - cci210 at +100, -100 or say hit that level in the last 10 candles (have number adjustable as we know cci can retrace within those levels) - cci14 retrace back to +100 or -100 or had a 200 point retrace on scale - price above/below 2 ma's (have ma type and size adjustable)
Wasn't this a great suggestion ?
  • #4,846
  • Apr 4, 2015 1:27am Apr 4, 2015 1:27am
Quoting pres78
{quote} Well that's great news Clive. Can this method be traded profitably? Yes as long as you stick to the rules and have a good plan for getting out of the trades (not holding past the life of the trade). Right now for this 1 min system I am trading 2% of a smaller test account split into 2 parts of 1%. Part 1 has been closed at 1.5:1 banking 1.5% gain and leaving 1% open risk for a possible net gain of 0.5% gain if SL is hit. Part 2 I trail until the market tells me it's time to get out. Roughly I have been seeing easy 5:1's and more on part...
Awesome.
  • #4,847
  • Apr 4, 2015 6:53am Apr 4, 2015 6:53am
This new TTindy of Godsclowns used on an hourly chart looks quite impressive too so HRLY traders can spot the best pairs to trade plus of course shouldn't I be looking at these Hrly charts and looking to take the CCI signals then drop down to the 1 minute for entry???

Attached Image


heres the top 1 hrly trending charts....

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 78 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 87 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 97 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 101 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh1.png Size: 102 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH1.png Size: 96 KB


Got to be worth a look haven't they????
Feel the Fear and do it anyway!!!
  • #4,848
  • Apr 4, 2015 6:59am Apr 4, 2015 6:59am
Clive, these charts have the 35lwma, its same as the fast-n-smooth 100ma?
Looks like some really nice moves right??
  • #4,849
  • Apr 4, 2015 7:25am Apr 4, 2015 7:25am
Quoting bapakjason
Clive, these charts have the 35lwma, its same as the fast-n-smooth 100ma? Looks like some really nice moves right??
Its the 120FSMA or HullMa on my chart but because I can't get the FSMA to work on my TTindy I'm using the 35lwma in the TTindy, similar but a bit jerky so charts keep changing on 1 min charts ...

Would be better with FSMA , trying to sort it out with Godsclown on skype as I type..
Feel the Fear and do it anyway!!!
  • #4,850
  • Apr 4, 2015 7:29am Apr 4, 2015 7:29am
My thoughts with this 120FSMA is to get into some trades just after it turns on the 1 min on strong trending pairs from the 15min or 1 hr charts like I keep saying price can only go up or down so we just have to find justification for which way we want to trade, then wait for the 1 min to turn that way and jump on board risking very small stops...

Its not that complicated is it, when you think about it, up or down, just a matter of when to enter and when to exit after that...
Feel the Fear and do it anyway!!!
  • #4,851
  • Apr 4, 2015 7:46am Apr 4, 2015 7:46am
Quoting bapakjason
Clive, these charts have the 35lwma, its same as the fast-n-smooth 100ma? Looks like some really nice moves right??

The charts look so nice and tradable for one simple reason, they are the strongest moving pairs on the hourly as per the steepness of the slope of the 120fsma , we shouldn't even be giving any other charts a glimpse just wasting our time...

We should only ever be trading strong moving pairs and obviously with the trend.

Just have to remember one thing, trends end at sometime so we have to bear that in mind when we look at a chart and if its heading towards an hrly support or resistance area just be careful. For instance have a look at the EURUSD chart it is approaching the 1.10500 level where it fell 335 pips last time, so the question is will it react similarly this time??? Certainly now is not a good time to buy into that level....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 87 KB


Of course the other question is , should we sell it if the 120FSMA turns away from it??? Again I would say yes , every chance of a nice short here...But also watch out for it to break and retest that level as then you could have a great hrly breakout trade...

Just need to think things through a bit and not blindly follow signals just for the sake of it. One of the reasons I've veered away from hard and fast rules....
Feel the Fear and do it anyway!!!
  • #4,852
  • Apr 4, 2015 7:49am Apr 4, 2015 7:49am
Quoting clivepackham
This new TTindy of Godsclowns used on an hourly chart looks quite impressive too so HRLY traders can spot the best pairs to trade plus of course shouldn't I be looking at these Hrly charts and looking to take the CCI signals then drop down to the 1 minute for entry??? {image} heres the top 1 hrly trending charts.... {image} {image} {image} {image} {image} {image} Got to be worth a look haven't they????
this is what we been saying for a while about the higher timeframeat last clive your looking in the right direction.yea hourly...confirm.with m15 m5 enter m1
  • #4,853
  • Apr 4, 2015 7:58am Apr 4, 2015 7:58am
Quoting devontrader
{quote} this is what we been saying for a while about the higher timeframeat last clive your looking in the right direction.yea hourly...confirm.with m15 m5 enter m1
Hi Jason

How you doing???

Yes I agree to some degree but these trends have been formed by the 1 minute trend and can be destroyed by it just as quickly so its not as simple as just find a strong higher timeframe trend and trade it... If it was I would have been a millionaire years ago...

You will find these trends are just as fragile as the 1 minute... But having said that it does give us a bias for a direction to trade but inparticular I like the CCI signals from higher timeframes so when an hrly strong down trend goes overbought, then its a good time to look for the 1 min 120fsma to turn the same way...

but trust me it doesn't workout all the time and many times it turns your way then comes back and takes you out at BE before turning back down again, so you have to have not only the trading skills to enter but also the discipline to do it again and again until you catch the last turn down.. Now thats another story all together...

Like all trading the theory is easy, but doing it in the practice is hard, very bloody hard...

But thats why we're all here to find the way that works....
Feel the Fear and do it anyway!!!
  • #4,854
  • Apr 4, 2015 9:31am Apr 4, 2015 9:31am
Quoting honestknave
{quote} The aggregate of the MA gradient across the major symbols the currency appears in. For example: USD USDJPY +20 AUDUSD -14 USDCAD +12 USDCHF +29 EURUSD -3 NZDUSD +3 GBPUSD -7 After adjustment for base/quote, the aggregate becomes +82 You could average it to 10.25 if you wanted.
If I sum the values I get +88.
How do you get +82?
  • #4,855
  • Apr 4, 2015 11:43am Apr 4, 2015 11:43am
Quoting GodsClown
{quote} If I sum the values I get +88. How do you get +82?
Quoting honestknave
{quote} The aggregate of the MA gradient across the major symbols the currency appears in. For example: USD USDJPY +20 AUDUSD -14 USDCAD +12 USDCHF +29 EURUSD -3 NZDUSD +3 GBPUSD -7 After adjustment for base/quote, the aggregate becomes +82 You could average it to 10.25 if you wanted.
When USD is the quote not the base (AUDUSD, EURUSD, NZDUSD, GBPUSD) you need to reverse the sign; a downtrend on these pairs would signify strength for the currency.

So:
USDJPY +20
AUDUSD -14 becomes +14
USDCAD +12
USDCHF +29
EURUSD -3 becomes +3
NZDUSD +3 becomes -3
GBPUSD -7 becomes +7

Total = 82
  • #4,856
  • Apr 4, 2015 1:09pm Apr 4, 2015 1:09pm
For anyone who is having the same problem that I had with the TTindy going blue when trying to use other MA's other than the 4 main ones, heres what the problem was all thanks to Godsclown. I had to delete the FSMA indy from my indy folder then it all worked fine...

Thanks Godsclown great job...
Feel the Fear and do it anyway!!!
  • #4,857
  • Apr 4, 2015 1:28pm Apr 4, 2015 1:28pm
Quoting clivepackham
For anyone who is having the same problem that I had with the TTindy going blue when trying to use other MA's other than the 4 main ones, heres what the problem was all thanks to Godsclown. I had to delete the FSMA indy from my indy folder then it all worked fine... Thanks Godsclown great job...
No problem Buddy
  • #4,858
  • Apr 4, 2015 2:47pm Apr 4, 2015 2:47pm
Quoting honestknave
{quote} {quote} When USD is the quote not the base (AUDUSD, EURUSD, NZDUSD, GBPUSD) you need to reverse the sign; a downtrend on these pairs would signify strength for the currency. So: USDJPY +20 AUDUSD -14 becomes +14 USDCAD +12 USDCHF +29 EURUSD -3 becomes +3 NZDUSD +3 becomes -3 GBPUSD -7 becomes +7 Total = 82
For anyone who wants to play with it:
Attached File(s)
File Type: ex4 MAbasket.ex4   25 KB | 299 downloads
  • #4,859
  • Apr 5, 2015 6:48am Apr 5, 2015 6:48am
Quoting pres78
{quote} I am not Mr. Divergence however in the time I spent here previously I showed examples of how I was using divergence in the CCI as a deciding factor. See attached and example of this. EURJPY, April 2nd at NY and NYSE market opens. See how we have a couple of great things happen. PA makes a HH (highest high of the day) and a HL but the CCI on the sub 100 readings makes a LL reading on the higher PA = divergence where PA and the CCI are not aligned. We are have broken and are now testing into the 129.50 level (RN level). Nice strong move seen...

Hi Pres78

Is that an indicator showing the NYO and NYSE???

If so could you post it up here??

Cheers
Feel the Fear and do it anyway!!!
  • #4,860
  • Apr 5, 2015 7:49am Apr 5, 2015 7:49am
Quoting clivepackham
{quote} Hi Pres78 Is that an indicator showing the NYO and NYSE??? If so could you post it up here?? Cheers
Nope I drew them on for that chart. There are however many market open indicators out there. A simple vertical line indi set to print lines and labels at certain times based on your brokers clock is simple code.
Today's zone = Tomorrow's opportunity!
27 traders viewing now