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As simple as possible: 00 level trading

  • #31,521
  • Jun 3, 2015 1:26pm Jun 3, 2015 1:26pm
Hi,
I've been reading this thread and learning the 15m version of the system. I'm demo trading and slowly trying to eliminate the errors. One of the doubts I still have is the order by witch the indicators must align:

Is it a valid setup if HA closes with the color we need for the trade, before ASH? For example, if we want to go long, we might have:
bar 0: HA red ; ASH red
bar 1: HA green ; ASH red
bar 2: HA green ; ASH green
bar 3: HA green ; ASH green

Would it be a valid entry in bar 3? Or since HA has been green for too long, the swing may have lost momentum and be too risky?

Thanks,
Jaime
  • #31,522
  • Jun 3, 2015 2:06pm Jun 3, 2015 2:06pm
As requested by marcoFF via pm.

pls find the attached HA indicator and the setting for the macd as 12-26-9.

Cheers,
Yomi
Attached File(s)
File Type: mq4 Heiken Ashi_SWAlert.mq4   5 KB | 350 downloads
Time always comes before price
  • #31,523
  • Jun 3, 2015 2:36pm Jun 3, 2015 2:36pm
Quoting jmmac
Hi, I've been reading this thread and learning the 15m version of the system. I'm demo trading and slowly trying to eliminate the errors. One of the doubts I still have is the order by witch the indicators must align: Is it a valid setup if HA closes with the color we need for the trade, before ASH? For example, if we want to go long, we might have: bar 0: HA red ; ASH red bar 1: HA green ; ASH red bar 2: HA green ; ASH green bar 3: HA green ; ASH green Would it be a valid entry in bar 3? Or since HA has been green for too long, the swing may have...
You would set pending order at the opening of the 3rd bar if both HA and ASH are still green at the next 00 or 50 level. Of course all other rules must apply also.

thanks
Lionsden
  • #31,524
  • Jun 3, 2015 3:53pm Jun 3, 2015 3:53pm
Quoting Robinho
{quote} That friend. During the day the weaker currencies tend to get much of the trade in 8 and 7 in the power panel. A tip: Since this indicator compared with all or other indicators, IT'S ALL THE SAME THING ... ALL without exception. The interim coins usually change, not much, but what matters to all of us is: 1 and 2 X 7 and 8 .... Mainly make entries only against 8 ... go against 8 is paramount. CONFIRMING ALWAYS WITH ALL RULES UDINE. LEAVE THE WINDOW {file} {file} {image}
Hello, I find your posts very interesting and I also use the indicator Currency Strenght- Giraia. Can you explain the following problem:
You see in the pictures twice the display on two MT4 in the same timeframe and at the same time. One display is right and one wrong.
I have the wrong message repeatedly reinstalled and nothing changes. What can be the reason?
Attached Images
  • #31,525
  • Jun 3, 2015 5:38pm Jun 3, 2015 5:38pm
Quoting rmndschmidt
{quote} Hello, I find your posts very interesting and I also use the indicator Currency Strenght- Giraia. Can you explain the following problem: You see in the pictures twice the display on two MT4 in the same timeframe and at the same time. One display is right and one wrong. I have the wrong message repeatedly reinstalled and nothing changes. What can be the reason? {image} {image}
They installed over a period here in the forum, several Giraia indicators. Some friends asking alert ... I think in the middle of it appeared some Giraia indicator with different settings ... I can not say because technically can not say.

The GIRAIA I USE IS THE POST OF 26955
  • #31,526
  • Jun 4, 2015 12:13am Jun 4, 2015 12:13am
Quoting rmndschmidt
{quote} Hello, I find your posts very interesting and I also use the indicator Currency Strenght- Giraia. Can you explain the following problem: You see in the pictures twice the display on two MT4 in the same timeframe and at the same time. One display is right and one wrong. I have the wrong message repeatedly reinstalled and nothing changes. What can be the reason? {image} {image}
If the 2 MT4s are different GMT offset, that will change the values, because it uses the D1 open, which is wrong for a 6 day broker.
  • #31,527
  • Jun 4, 2015 2:12am Jun 4, 2015 2:12am
Quoting fxrabbi
As requested by marcoFF via pm. pls find the attached HA indicator and the setting for the macd as 12-26-9. Cheers, Yomi {file}
Thank you fxrabby, kindly as always.
Meanwhile, first pending of the day (i watch only EU/EJ/GU/GJ).
EU:
Attached Image (click to enlarge)
Click to Enlarge Name: 1o pending.png Size: 130 KB


This is the general situation:
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-04 09_06_50-2096565443_ LMAX-LiveUK - EURUSD.lmx,M30.png Size: 177 KB


Good point: very high sync, strong movement, strong momentum
Bad point: TOO strong movement! On EJ and GJ the ABR isn't good, I think it's a good think to choose a standard ratio value to discard a possible trades; eg. if ABR last candle is 2x ABR (480) i don't set pending.

As always any suggestion are welcome!!


Edit: EU out BE
  • #31,528
  • Jun 4, 2015 2:25am Jun 4, 2015 2:25am
TS for a fraction, back into DP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD+M5.png Size: 117 KB
  • #31,529
  • Jun 4, 2015 2:41am Jun 4, 2015 2:41am
Double Loss.. please tell me what's wrong...
Attachment
  • #31,530
  • Jun 4, 2015 2:47am Jun 4, 2015 2:47am
Double Loss.. please tell me what's wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: 2xloss.png Size: 97 KB
  • #31,531
  • Jun 4, 2015 3:08am Jun 4, 2015 3:08am
Quoting marcoFF
Double Loss.. please tell me what's wrong... {image}
EJ: the signal candle is too long, the good one is usually >ABR

EU: why you went for that entry?

Numberman
  • #31,532
  • Jun 4, 2015 3:20am Jun 4, 2015 3:20am
EU +5 TP
EU +5 TP
Monitoring EU strong momentum could get these two quick trades and make the daily target.
Attached Image (click to enlarge)
Click to Enlarge Name: EU_TP_X_2.png Size: 39 KB
Porta itineris dicitur longissima esse
  • #31,533
  • Jun 4, 2015 3:27am Jun 4, 2015 3:27am
Quoting numberman
{quote} EJ: the signal candle is too long, the good one is usually >ABR EU: why you went for that entry? Numberman
EU was a 2LVL entry, under the body of the previous green candle.
Thanks for feedback.
  • #31,534
  • Jun 4, 2015 3:32am Jun 4, 2015 3:32am
Quoting marcoFF
{quote} EU was a 2LVL entry, under the body of the previous green candle. Thanks for feedback.
If you went for the LV1 entry it should have been a profit.

Numberman
  • #31,535
  • Jun 4, 2015 3:43am Jun 4, 2015 3:43am
M30 Level 1 entry on GBPUSD = 20pips

Back up by:

1. Pairs sync
2. Strength
3. Volume
4. Momentum

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 61 KB
Time always comes before price
  • #31,536
  • Jun 4, 2015 3:48am Jun 4, 2015 3:48am
Quoting bubincka
EU +5 TP EU +5 TP Monitoring EU strong momentum could get these two quick trades and make the daily target. {image}
why did you choose that lv as the 1st entry? it could be the lower lv?

Numberman
  • #31,537
  • Jun 4, 2015 3:51am Jun 4, 2015 3:51am
Quoting marcoFF
{quote} EU was a 2LVL entry, under the body of the previous green candle. Thanks for feedback.
I told you to forget about Level 2 entry for now, Udine himself told us that he only do Level 1 entry, so why doing it. Please forget about level 2, and focus on level1 entry.

Hope its help.

Cheers,
Yomi
Time always comes before price
  • #31,538
  • Jun 4, 2015 4:06am Jun 4, 2015 4:06am
CHFJPY +5 TP
Very dangerous trade taken following momentarily CHF strength. Even if it went well I should avoid to do these crazy things!
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY.png Size: 34 KB
Porta itineris dicitur longissima esse
  • #31,539
  • Jun 4, 2015 4:45am Jun 4, 2015 4:45am
Quoting Robinho
{quote} They installed over a period here in the forum, several Giraia indicators. Some friends asking alert ... I think in the middle of it appeared some Giraia indicator with different settings ... I can not say because technically can not say. The GIRAIA I USE IS THE POST OF 26955
Many Thanks! Your Giraia version works so far without error?
  • #31,540
  • Jun 4, 2015 4:47am Jun 4, 2015 4:47am
Quoting fxrabbi
M30 Level 1 entry on GBPUSD = 20pips Back up by: 1. Pairs sync 2. Strength 3. Volume 4. Momentum Cheers, Yomi {image}

Hello, Your picture shows the strenght of 4 Pairs. Can you tell me which is the indicator?
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