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Trading in line with Daily Momentum

  • #1
  • First Post: Jul 27, 2015 5:47pm Jul 27, 2015 5:47pm
I thought it was probably time I stepped up to the plate as it were. The idea of this this thread is to trade in line with the bias and direction of momentum (as defined by the indicator I am using) on the Daily chart but take entries from the 240 min chart.

Here is an example. More to follow when my whisky haze disappears.
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Momentum #1.png Size: 124 KB
  • #2
  • Jul 27, 2015 6:01pm Jul 27, 2015 6:01pm
One more before bedtime.
Attached Image (click to enlarge)
Click to Enlarge Name: Daily Momentum #2 - Soybeans.png Size: 41 KB
  • #3
  • Jul 27, 2015 6:50pm Jul 27, 2015 6:50pm
Can u share your indicators and help explain better? thanks
  • #4
  • Jul 27, 2015 9:00pm Jul 27, 2015 9:00pm
Hi There,

Thanks for sharing. subscribed....

But in your first chart where you showed entry point has red bar. This bar is for bias i think and it is increasing from previous bar means that it is showing the long interest but it is still red so is it valid? i mean you might want to wait till you see green histo bar....

thanks
  • #5
  • Jul 27, 2015 10:37pm Jul 27, 2015 10:37pm
Hi Jack
Looks very interesting, am looking forward to more input from you.
Regards
  • #6
  • Jul 28, 2015 12:53am Jul 28, 2015 12:53am
hi mele

can you share the indis?
thanks
  • #7
  • Jul 28, 2015 1:11am Jul 28, 2015 1:11am
Quoting elikon
hi mele can you share the indis? thanks
I do not have the indicators
  • #8
  • Jul 28, 2015 1:23am Jul 28, 2015 1:23am
sorry mele

jackantiqua want......to ask
  • #9
  • Jul 28, 2015 2:51am Jul 28, 2015 2:51am
Looks interesting. Could you share more details regarding indicator that is used and how to check it.
  • #10
  • Jul 28, 2015 4:23am Jul 28, 2015 4:23am
Quoting godwi
Can u share your indicators and help explain better? thanks
I use a paid for indicator, if you Google it you'll find it. I'll post some more screenshots with commentary to further explain.
  • #11
  • Jul 28, 2015 4:26am Jul 28, 2015 4:26am
Quoting shg
Hi There, Thanks for sharing. subscribed.... But in your first chart where you showed entry point has red bar. This bar is for bias i think and it is increasing from previous bar means that it is showing the long interest but it is still red so is it valid? i mean you might want to wait till you see green histo bar.... thanks
You are right, I could wait but all that does is get me in later and worsens the R's. All I'm interested in is that the histogram is increasing in line with the Daily. I'm also not particularly concerned if the 240 min bias is in line with the Daily bias at that stage as if I've got an increasing histogram, I'm expecting the 240 min bias to come into line.
  • #12
  • Jul 28, 2015 4:33am Jul 28, 2015 4:33am
Some more examples. Now the challenge is to find some live examples.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AUDNZD #2.png Size: 118 KB
Click to Enlarge Name: DOW #1.png Size: 134 KB
Click to Enlarge Name: EURAUD #1.png Size: 159 KB
Click to Enlarge Name: EURNZD #1.png Size: 124 KB
  • #13
  • Jul 28, 2015 5:26am Jul 28, 2015 5:26am
Quoting JackAntigua
{quote} I use a paid for indicator, if you Google it you'll find it. I'll post some more screenshots with commentary to further explain.
if you want help, then give the indis or tell where to find them
if you cant do it then you must go to comercial content
no sense to look something if you cant test it
thank
  • #14
  • Jul 28, 2015 5:31am Jul 28, 2015 5:31am
Quoting elikon
{quote} if you want help, then give the indis or tell where to find them if you cant do it then you must go to comercial content no sense to look something if you cant test it thank
I don't want help thank you. And I have told you where to find the indicator, you can use Google I presume.
  • #15
  • Jul 28, 2015 5:55am Jul 28, 2015 5:55am
Quoting JackAntigua
{quote} I don't want help thank you. And I have told you where to find the indicator, you can use Google I presume.

if dont wantt help us then you post your system
1) for clients
or
2) for for jealousy

sorry my frient i want understend how to use your idea
anyway i dont want to be the idiot here
i will be silence
  • #16
  • Jul 28, 2015 6:19am Jul 28, 2015 6:19am
Here is one of them, but it doens't work on new MT4 build, mine is Version 4 Build 840. Someone help fix it.
Attached File(s)
File Type: mq4 PBF_Squeeze.mq4   8 KB | 754 downloads
  • #17
  • Jul 28, 2015 6:44am Jul 28, 2015 6:44am
I do not normally post but we are here to help each other.
Attached File(s)
File Type: tpl paint bar forex .tpl   5 KB | 839 downloads
File Type: ex4 PIP-F_ATRStop.ex4   11 KB | 871 downloads
File Type: mq4 PBF_iTunnel.mq4   4 KB | 935 downloads
File Type: ex4 PBF_iTunnel.ex4   10 KB | 802 downloads
File Type: mq4 PBF_OSOB.mq4   9 KB | 919 downloads
File Type: ex4 PBF_OSOB.ex4   22 KB | 787 downloads
File Type: mq4 PBF_PB_Direction.mq4   6 KB | 922 downloads
File Type: ex4 PBF_PB_Direction.ex4   14 KB | 769 downloads
File Type: mq4 PBF_Scalper_Show_Me.mq4   3 KB | 907 downloads
File Type: ex4 PBF_Scalper_Show_Me.ex4   7 KB | 771 downloads
  • #18
  • Jul 28, 2015 6:56am Jul 28, 2015 6:56am
Quoting loucam
I do not normally post but we are here to help each other. {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
Thank you loucam, thats really kind of you.
  • #19
  • Jul 28, 2015 7:18am Jul 28, 2015 7:18am
Quoting loucam
I do not normally post but we are here to help each other. {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
Thank you loucam, I didn't have these, as I mentioned earlier I'm using a paid for version (unfortunately, could have saved myself some money !!). I'm also using Tradestation not MT4.

And just for clarification, I'm not looking for anyone to help me, but I thought it might be useful to post these setups and some might get benefit. If not, no problem.
  • #20
  • Jul 28, 2015 7:32am Jul 28, 2015 7:32am
Quoting loucam
I do not normally post but we are here to help each other. {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
thanks loucam

its better if you post more often
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