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Attachments: Extreme analysis system (Renko charts + Candlestick charts)
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Extreme analysis system (Renko charts + Candlestick charts)

  • #641
  • Apr 10, 2015 11:22am Apr 10, 2015 11:22am
Hi guys, just entered EURGBP short, a little risky, not all rules met, but if you look at Candlestick chart, you can see the channel pointing downward, price doesn't succeed to break through Pivot Point after some attempts and ranging, this is a typical distribution phase, and last but not least we have a big demand zone just waiting down... Let's wait and see how it developes...
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM2.png Size: 74 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 59 KB
"Markets are never wrong; opinions are." - Jesse Livermore
  • #642
  • Apr 10, 2015 11:28am Apr 10, 2015 11:28am
Quoting no0odle
{quote} Thank you Jigen, any pips are good, and tomorrow is another day. I have been trying to find a way to for re-entry because sometimes the trend keeps on going for a while after the targets are reached (noticed from back testing that the average TP is 30-40 pips, however every once in while it keeps on going). So I added the Follow Trend indicator (attached). The re-entry rules are the same as all the normal rules of the system. Example (for a buy): The same basic rules on H1, and on the Renko chart same basic rules too, however when the price...
Thank you for the indy noOdle, I'll give it a try next week...
"Markets are never wrong; opinions are." - Jesse Livermore
  • #643
  • Apr 11, 2015 12:58am Apr 11, 2015 12:58am
Quoting jigen67
Hi guys, just entered EURGBP short, a little risky, not all rules met, but if you look at Candlestick chart, you can see the channel pointing downward, price doesn't succeed to break through Pivot Point after some attempts and ranging, this is a typical distribution phase, and last but not least we have a big demand zone just waiting down... Let's wait and see how it developes... {image} {image}
S1 hit, but not TP because of spread, only +5 pips on trailing stop... Better next time...
Have a nice weekend, see you on monday...
"Markets are never wrong; opinions are." - Jesse Livermore
  • #644
  • Apr 11, 2015 7:42am Apr 11, 2015 7:42am
hi hamdy... Thank u so much from the bottom of my heart for such a excellent system. Made 12o pips yesterday.
Awesome kind work hamdy for sharing such a great example.
my belief is as more we share more we grow... Thats exactly what you are doing. God bless
one question for one of the indi
as in ur chart on the left top corner
it displays red little squares of time frame from m1 to mnth
which indi is that .. Pls let me know.
Againg thanking you for your kind effort.
  • #645
  • Apr 11, 2015 1:24pm Apr 11, 2015 1:24pm
Quoting Nee2
hi hamdy... Thank u so much from the bottom of my heart for such a excellent system. Made 12o pips yesterday. Awesome kind work hamdy for sharing such a great example. my belief is as more we share more we grow... Thats exactly what you are doing. God bless one question for one of the indi as in ur chart on the left top corner it displays red little squares of time frame from m1 to mnth which indi is that .. Pls let me know. Againg thanking you for your kind effort.
thanks a lot Nee2 god bless you too....
Attached File(s)
File Type: ex4 MTF-TrendBar.ex4   13 KB | 350 downloads
Your perception dictates your behaviour
  • #646
  • Apr 12, 2015 7:28am Apr 12, 2015 7:28am
thanks a lot hamdy.
  • #647
  • Apr 12, 2015 9:45pm Apr 12, 2015 9:45pm
An early week trade I should have taken for real

Maybe on the retracement
Attached Image (click to enlarge)
Click to Enlarge Name: 13-04-2015 12-45-06 PM.png Size: 138 KB
It takes a lot for me to IGNORE you, but you can try.
  • #648
  • Apr 12, 2015 9:59pm Apr 12, 2015 9:59pm
How about this one?

ADR almost there !!!
Attached Image (click to enlarge)
Click to Enlarge Name: 13-04-2015 12-50-23 PM.png Size: 120 KB
It takes a lot for me to IGNORE you, but you can try.
  • #649
  • Apr 13, 2015 1:46am Apr 13, 2015 1:46am
Quoting Erebus
How about this one? ADR almost there !!! {image}
excellent start man... keep it up
Your perception dictates your behaviour
  • #650
  • Apr 13, 2015 2:22am Apr 13, 2015 2:22am
Hi, guys. How to make it XT offline? So many windows crowded in a small area. - Thanks!
  • #651
  • Apr 13, 2015 2:36am Apr 13, 2015 2:36am
Quoting LaoQin
Hi, guys. How to make it XT offline? So many windows crowded in a small area. - Thanks!
Get that zip in the middle of the thread. I will try. -Thanks!
  • #652
  • Apr 13, 2015 2:41am Apr 13, 2015 2:41am
Quoting Erebus
How about this one? ADR almost there !!! {image}
hi erebus can you share the adr and the meter indies... thanks in advance
Your perception dictates your behaviour
  • #653
  • Apr 13, 2015 2:46am Apr 13, 2015 2:46am
Quoting LaoQin
{quote} Get that zip in the middle of the thread. I will try. -Thanks!
Still they are in the main window, not offline.
  • #654
  • Apr 13, 2015 3:22am Apr 13, 2015 3:22am
hi hamdy... Mtf indi is downloaded as a adobe file in and not able to download in mt4
pl help
  • #655
  • Apr 13, 2015 5:11am Apr 13, 2015 5:11am
Quoting Nee2
hi hamdy... Mtf indi is downloaded as a adobe file in and not able to download in mt4 pl help
how come? its an ex4 file
Your perception dictates your behaviour
  • #656
  • Apr 13, 2015 5:57am Apr 13, 2015 5:57am
all done hamdy thnx
  • #657
  • Apr 13, 2015 7:59am Apr 13, 2015 7:59am
Hi,
Yes, please, share the adr and the meter indies...Regards

Quoting Erebus
How about this one? ADR almost there !!! {image}
  • #658
  • Apr 13, 2015 8:22am Apr 13, 2015 8:22am
Quoting Erebus
How about this one? ADR almost there !!! {image}
And explain to us how it works please?
Your perception dictates your behaviour
  • #659
  • Apr 13, 2015 8:33am Apr 13, 2015 8:33am
Ok, i will give your system a try, it seems pretty cool! I try to post charts tomorrow and hopefully I understood it right!
Thanks for posting this system!
  • #660
  • Apr 13, 2015 8:37am Apr 13, 2015 8:37am
I am just a bit confused about your screening method:
Do you have all your H1 Charts opened and watch out for the same colour on the Gann Hilo Indicator ? And then wait for the HA candle to get the same colour and then switch to your renko chart ?

thanks
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