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Trading is as simple as ABCD

  • #6,241
  • May 25, 2015 2:01am May 25, 2015 2:01am
Strongest trender GBPNZD....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdm1.png Size: 58 KB
Feel the Fear and do it anyway!!!
  • #6,242
  • May 25, 2015 2:19am May 25, 2015 2:19am
[highlight=rgba(255, 255, 255, 0)] would ask the arrow indicators where to download [/highlight]
Quoting clivepackham
Strongest trender GBPNZD.... {image}
  • #6,243
  • Edited 3:56am May 25, 2015 3:35am | Edited 3:56am
Quoting tiejun0619
would ask the arrow indicators where to download {quote}
Sorry are you after the arrow indicator??

If so here you go latest version...

This one also has a trend strength setting on it so it won't signal until the trends a certain strength...so if you take days like today it won't produce a single signal if set to say 50 as the TTindy has not gotten much over 30 today so keeping you out of trouble.

The settings are designed to help you develop the discipline to not trade none trending markets and also the right time of day only.

Basically designed around the simplest rules of the system..so it will only signal if:

1) Right time of day

2) Strong trenders only.

3) CCI must go overbought in a down trend must go oversold in an uptrend.

All you have to do is decide if you like where the arrows appears eg is it at a key level etc is it one of the earlier CCI signals and if so drop a pending order on your chart..

Now what could be simpler??
Attached File(s)
File Type: ex4 Clive's Entry Arrows_alfa8.ex4   18 KB | 369 downloads
Feel the Fear and do it anyway!!!
  • #6,244
  • May 25, 2015 4:56am May 25, 2015 4:56am
not sure if anyone else having issues, but when i load up my clive entry arrow onto my chart my platform freezes...prior to that it was slowing things down...

Have i not got enough resources availabe or conflict with coding?

thanks
  • #6,245
  • May 25, 2015 5:20am May 25, 2015 5:20am
Quoting ozziedave
{quote} I like the 10 EMA on the daily chart as it is very responsive to price charges especially if you going to drop down and trade using 15, 5 or 1M charts for entries. You could choose the 20 or 50 EMA on the daily but you will wait even longer to get into reversal trades. For example, with the 10EMA you can catch a pullback that goes from the short to the long side of the EMA on a smaller time frame and pick up a few pips. Even if the trend resumes back below the 10EMA it does give you some trading opportunities instead of sitting on your hands...
"The real secret for the trend direction is the 10EMA on the 15M chart" -ozziedave
sounds interesting to note! gonna keep it in mind.
  • #6,246
  • May 25, 2015 5:23am May 25, 2015 5:23am
Quoting clivepackham
Strongest trender GBPNZD.... {image}

i really don't understand what do you mean by ABCD setup... are you referring to fibonacci patterns ABCD? i'm trying to learn your setup but for a new trader like me pictures with charts don't make any sense.
  • #6,247
  • May 25, 2015 6:09am May 25, 2015 6:09am
Well a picture paints a 1000 words so if charts are meaningful to you then I don't know what will be. Suggest you use google for ABCD and a visit to babypips.com wouldn't go amiss either.
  • #6,248
  • May 25, 2015 6:24am May 25, 2015 6:24am
Its days like this that prove everything that I've been banging on about for as long as I can remember....You need to be trading strong trenders if you're indicators price action and strategy is going to work..

Just look at this top trender EURCAD its a top trender but the trend strength is very weak 26, I like to see it over 50 as a minimium...

Attached Image (click to enlarge)
Click to Enlarge Name: It ain't trending so we ain't trading.png Size: 60 KB


For that reason I haven't taken a single trade today, obviously the Big Boys are NOT coming out to play today..

Remember the golden rule, written in absolute stone......

"If it ain't trending we ain't trading"

Feel the Fear and do it anyway!!!
  • #6,249
  • May 25, 2015 6:43am May 25, 2015 6:43am
Quoting poweromania
{quote} i really don't understand what do you mean by ABCD setup... are you referring to fibonacci patterns ABCD? i'm trying to learn your setup but for a new trader like me pictures with charts don't make any sense.
Hi Poweromania

Handy148 has got a good point and he is also right go and have a look at Babypips website http://www.babypips.com/school its a big help to newbies..

But I know where you are and I've been there too, I know what its like to read through all these threads and wander what the hell everyones talking about so I will point you in the right direction but then my friend its up to you to do some work and read through the thread. It will be quite intuitive for someone like you to follow my journey as thats what you've got in front of you..

Heres the link to my post explaining the ABCD pattern for you :

http://www.forexfactory.com/showthre...80#post7780780

Now go read through the thread from there and you're see what its all about with plenty of "live trades" taken in real time to illustrate the strategy. It will take time and a bit of resolve on your part but you should find it well worth while if your goal is to trade forex...

All the best enjoy your Journey...
Feel the Fear and do it anyway!!!
  • #6,250
  • May 25, 2015 8:32am May 25, 2015 8:32am
Good day Maestro.
Can we not incorporate your CCi Signal with Trend strg2 into the fray again Clive?
Obviously the settings have changed..... It was such a handy little indi

Rgds
Pieter
  • #6,251
  • May 25, 2015 8:50am May 25, 2015 8:50am
Quoting Pipglutton
Good day Maestro. Can we not incorporate your CCi Signal with Trend strg2 into the fray again Clive? Obviously the settings have changed..... It was such a handy little indi Rgds Pieter
Hi Pieter

Not sure I know what you mean Pieter which indicator are you referring to???

This latest version of the arrows indy works on TTindy trend strength, it will only signal if trend is certain strength..is that what you mean??
Attached File(s)
File Type: ex4 Clive's Entry Arrows_alfa8.ex4   18 KB | 764 downloads
Feel the Fear and do it anyway!!!
  • #6,252
  • May 25, 2015 9:49am May 25, 2015 9:49am
Do not show arrow. The index can't open.

Quoting clivepackham
Strongest trender GBPNZD.... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 65 KB
  • #6,253
  • Edited 4:29pm May 25, 2015 11:31am | Edited 4:29pm
Quoting tiejun0619
Do not show arrow. The index can't open. {quote} {image}
I would help but without an .mql4 file I can not do anything.
  • #6,254
  • May 25, 2015 11:50pm May 25, 2015 11:50pm
cheated and took a FO trade . . .
want to stick to the rules but figured FO was worth a push after bank holiday . . .

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY+M1.png Size: 69 KB
  • #6,255
  • May 26, 2015 12:04am May 26, 2015 12:04am
JPY weakness across the board... very nice to trade

Long:
EJ SL -5 pips, TP 20 pips
CJ SL -5 pips, TP 25 pips ->atm BE

sry can't post pics @ work
  • #6,256
  • May 26, 2015 2:26am May 26, 2015 2:26am
Hi Clive, Another good trade on gbp/jpy and usd/jpy using the ABCD on the charts. Best advice I have ever had. Thanks mate
clasgolf
  • #6,257
  • May 26, 2015 2:56am May 26, 2015 2:56am
Quoting clivepackham
{quote} Hi Pieter Not sure I know what you mean Pieter which indicator are you referring to??? This latest version of the arrows indy works on TTindy trend strength, it will only signal if trend is certain strength..is that what you mean?? {file}
Hi Clive.

Top right hand corner.......
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled9.png Size: 47 KB
  • #6,258
  • May 26, 2015 3:32am May 26, 2015 3:32am
Hi Clive

Thanks I have downloaded the alert and getting signals all over the place. Should help with one of my big issues - getting distracted away from a 1 min chart and missing moves!!

Cheers
  • #6,259
  • May 26, 2015 5:44am May 26, 2015 5:44am
Quoting Vantage
{quote} Seems like a little tweaking needed? This happening with anyone else? {image}
Yep. Getting red arrows during down trend and green during up. Arrows on just about every change in candle!
Definitely need a bit of tweaking......
  • #6,260
  • May 26, 2015 5:47am May 26, 2015 5:47am
Quoting Pipglutton
{quote} Yep. Getting red arrows during down trend and green during up. Arrows on just about every change in candle! Definitely need a bit of tweaking......
I took post down as I don't have the two ma's loaded and wondering if thats causing an issue. Will check.
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