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Attachments: Low Volume Candles
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Low Volume Candles

  • #21
  • Jun 7, 2015 12:35pm Jun 7, 2015 12:35pm
Hello abokwaik.
The input signals of this new indicator are very good.
You can put in a new version of this indicator alarms sound and the window with the alert message.
Thanks in advance.
It always seems impossible until it's done...!!!
  • #22
  • Jun 7, 2015 10:36pm Jun 7, 2015 10:36pm
To be honest, I'm in doubt if there is any relationship between future price and history price of low volume.
Why not develop an EA to test your strategy?
  • #23
  • Jun 7, 2015 10:48pm Jun 7, 2015 10:48pm
Quoting jollydragon
{quote} To be honest, I'm in doubt if there is any relationship between future price and history price of low volume. Why not develop an EA to test your strategy?
yes it have relation with future price always. you may place COT levels on your chart and easily notice what i am saying.
in other words its a gap - volume gap which must be close in future, and its also have time limit.
Speed=Distance/time, time = Distance/Speed, Distance = Speed x time.
i may not dig this topic further, we are moving on our way towards LVC candles only.
in future we might talk about speed,time,distance.
  • #24
  • Edited 11:44pm Jun 7, 2015 11:00pm | Edited 11:44pm
Quoting fuenwood
Hello abokwaik. The input signals of this new indicator are very good. You can put in a new version of this indicator alarms sound and the window with the alert message. Thanks in advance.


Good pullback/reversal signals for my 5-15 pip scalping on low time frame charts across major pairs.

Also looks good on a "post (after)" news bars on M1 to scalp continuation or reversal.

Intend to post screenshots on future trades taken based on LVC.

For sound alert, would be nice if sound file be made selectable by option, so that LVC signal sound stands out among many, similar ones.

Thanks, RS
  • #25
  • Jun 8, 2015 12:23am Jun 8, 2015 12:23am
EA part I - don't laugh its serious issue.
if you understand it please give your further contribution on it.
...
..
Regards
Hukam
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  • #26
  • Jun 8, 2015 3:54am Jun 8, 2015 3:54am
Quoting abokwaik
{quote} Hi headfake, I assume that you know that I was describing the Target Candle (Not the entry candle ... which we haven't describe yet). So I the Bullish Candle is the Target (= Exit) for a future Short Entry, its by definition a prospect Long Entry Candle, As Short Exit = Long Entry. I would like to know more about your experience on the subject. Have a nice day, Khalil
I see my bad
Never said I was Batman,all I'm saying is you'll never see us together.
  • #27
  • Jun 8, 2015 4:18am Jun 8, 2015 4:18am
Quoting hukam
EA part I - don't laugh its serious issue. if you understand it please give your further contribution on it. ... .. Regards Hukam {image}
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Are we talking Mechanical Engineering here
No guts, no glory
  • #28
  • Jun 8, 2015 4:29am Jun 8, 2015 4:29am
Quoting fuenwood
Hello abokwaik. The input signals of this new indicator are very good. You can put in a new version of this indicator alarms sound and the window with the alert message. Thanks in advance.
Hi fuenwood,

It seems to me that you misunderstood the concept. Those arrows are Potential EXIT points not ENTRY Points.
Still, alert can be useful to watch out for those potential exit points for possible Future Entries.

Regards,

Khalil
No guts, no glory
  • #29
  • Jun 8, 2015 4:30am Jun 8, 2015 4:30am
Quoting abokwaik
{quote} {image} Are we talking Mechanical Engineering here
it's martingale reactor pattern, our fuel is money.

part II is ready nothing hard but i want to make sure everything understandable and works well together in real practical & math worlds.
  • #30
  • Jun 8, 2015 4:57am Jun 8, 2015 4:57am
Quoting abokwaik
{quote} Hi fuenwood, It seems to me that you misunderstood the concept. Those arrows are Potential EXIT points not ENTRY Points. Still, alert can be useful to watch out for those potential exit points for possible Future Entries. Regards, Khalil
Ok.....!!!!! abokwaik
It always seems impossible until it's done...!!!
  • #31
  • Jun 8, 2015 5:40am Jun 8, 2015 5:40am
Combining the two concepts of Need4Speed for Entry and Low Volume Candles for Exit

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No guts, no glory
  • #32
  • Jun 8, 2015 7:11am Jun 8, 2015 7:11am
Quoting abokwaik
I've quickly made a Low Volume Candle Detector Indicator. Kindly test and report your thoughts. {image} Inputs : - History Bars : Number of Indicator Bars - Loop Back Bars : Number of Bars to check for Lowest Volume - Future Bars : Number of Bars before Open or Close got hit for a Valid LVC Red Arrows Represent Potential Targets for Short Entries above. Blue Arrows Represent Potential Targets for Long Entries below. In the above chart all entries against valid LVCs would have reached their target. Now for the golden question : What would be the...
Hello, I'm testing this indicator and

I like it, if possible please add an alert like a message and sound.

Thanks a lot

Best regards
  • #33
  • Edited 8:58am Jun 8, 2015 7:16am | Edited 8:58am
Quoting bingo_bongoo
{quote} Hello, I'm testing this indicator and I like it, if possible please add an alert like a message and sound. Thanks a lot Best regards
brother you like, we also like it that why we are developing it here.. but don't forget to post screenshot how you are using it, in which kind of strategy its helping you.
regards
hukam
  • #34
  • Jun 8, 2015 9:05am Jun 8, 2015 9:05am
Quoting hukam
{quote} it's martingale reactor pattern, our fuel is money. part II is ready nothing hard but i want to make sure everything understandable and works well together in real practical & math worlds.
So your idea is to hedge/martingale a loosing trade which didn't reach its LVC, with a new trade in the opposite direction targeting an older LVC.
Why not close the loosing trade with a pre-defined (R:R) and start a new trade in the other direction.

I am still not clear about entry criteria, but I assume that we will be trading reversals targeting LVCs, so which techniques you might have used for reversals (Candle Stick Formations, An Opposite LVC, Bounces off Standard S/R lines, Fibos, Trend Channel Boundaries, BB, Pivots ...)

Waiting for some Lightening Candles from you buddy
No guts, no glory
  • #35
  • Jun 8, 2015 9:45am Jun 8, 2015 9:45am
Quoting abokwaik
{quote} So your idea is to hedge/martingale a loosing trade which didn't reach its LVC, with a new trade in the opposite direction targeting an older LVC. Why not close the loosing trade with a pre-defined (R:R) and start a new trade in the other direction. I am still not clear about entry criteria, but I assume that we will be trading reversals targeting LVCs, so which techniques you might have used for reversals (Candle Stick Formations, An Opposite LVC, Bounces off Standard S/R lines, Fibos, Trend Channel Boundaries, BB, Pivots ...) Waiting for...
ok, little more deeply study about LVC behavior..
1Min LVC will be close first then 5min LVC close
5min LVC must close before 15Min LVC
and its continue chain..
* close=gap close
it might not true for all pairs, but what i tested it behaves like i mention.

i notice from your thought you would like make big gain which always looks standing opposite side of the signal of LVC, but its not true, due to above detected behavior of LVC.
  • #36
  • Jun 8, 2015 9:47am Jun 8, 2015 9:47am
Watching
  • #37
  • Jun 8, 2015 11:38am Jun 8, 2015 11:38am
Hello, my considerations about this indicator:

Price = volume x time

Please consider a simple 24 hour hurst cycle as example attached.
This cycle indicator always star from last lower low close price of last 24 hours. Next close will be at 00:45 of tomorrow.
Using TIME we have points A only buy long, and point B only short. (now it's short time on EURUSD)
We got a good new indicator “LVC candle”, so consider trade only signals in agreement.
Money management at will with SL and TP and stop profit.
This could be an idea to realize an EA.
Attached Image (click to enlarge)
Click to Enlarge Name: CYCLES249.jpg Size: 367 KB
  • #38
  • Edited Jun 9, 2015 12:15am Jun 8, 2015 11:50pm | Edited Jun 9, 2015 12:15am
brother Khalil,
please check Part II in your email.
some missing things are HTF and Fuel regulator which might be sent to you within this week.
regards
hukam
Attached File(s)
File Type: mq4 CC4.mq4   32 KB | 1,053 downloads
  • #39
  • Jun 9, 2015 3:49am Jun 9, 2015 3:49am
Quoting abokwaik
{quote} So your idea is to hedge/martingale a loosing trade which didn't reach its LVC, with a new trade in the opposite direction targeting an older LVC. Why not close the loosing trade with a pre-defined (R:R) and start a new trade in the other direction. I am still not clear about entry criteria, but I assume that we will be trading reversals targeting LVCs, so which techniques you might have used for reversals (Candle Stick Formations, An Opposite LVC, Bounces off Standard S/R lines, Fibos, Trend Channel Boundaries, BB, Pivots ...) Waiting for...
according to LVC no trade is loosing trade, we might improve LVC detector if we think so.
and due to multi TF ideas, everything time you will see opposite LVC signals before we open trade with its new signal, means booth(buy/sell) trades are valid, buy and sell same time on same tf or different tfs.
its automatically a hedge.
if something happen out of map we will do hard hedge, if its not allowed another two pair buy/sell to manage the first trade.
  • #40
  • Jun 9, 2015 9:01am Jun 9, 2015 9:01am
Daily negative cycle on EURUSD, new lower price ahead.................

red arrow are welcome..............
Attached Image (click to enlarge)
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