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  • #7,861
  • Aug 1, 2015 3:06am Aug 1, 2015 3:06am
Quoting jaylukmann
{quote} Please Clivepackham,what are these red,green and yellow almost straight lines on your chart.I guess they are MA ,if so,what numbers and what do u use them for?
if you read the posts you would know.dont be lazy do your homework my friend....read and learn
  • #7,862
  • Edited 4:02am Aug 1, 2015 3:25am | Edited 4:02am
Quoting jaylukmann
{quote} Please Clivepackham,what are these red,green and yellow almost straight lines on your chart.I guess they are MA ,if so,what numbers and what do u use them for?
Nearly right....

The red one is the upper or lower band of the HRLY TMA in this instance it was the upper HRLY band. The green line is from my indicator that shows the high ,low and close of yesterdays daily candle. Green is the close of yesterdays candle and the yellow lines are the low and the high of yesterdays candles. This particular yellow one is the low of yesterdays candle.

Why mark out these Daily high , lows and closes of yesterday???

because they are very important trading levels where daily traders will be looking to join the market so we can expect a reaction on a 1 minute chart so I am looking for a colour change in my middle band at these levels. If I get the colour change I'll trade it as we can expect a good move from these levels..Supported by daily traders..

Everything we have been doing recently is to try and identify areas on our chart where we can expect longer trades to start from our 1 minute charts. Harry for instance is always looking for HRLY band touches and a reaction on the 1 minute middle band to jump on board. I will cover this in much more detail in my new post covering where we are right now in the development of this strategy.

I will just mention here that my platform works on the Australian time zone so my daily highs and lows are not going to be the same as yours and the better ones would probably be to use the New York time zone daily candles (high,lows and closes) as more traders use these daily charts so therefore we can expect a better reaction at those levels. If anyone has a indicator that marks those out regardless of which timezone your chart is on I would appreciate them posting it up here.

Don't ask me anymore questions until I have done the new updated strategy post as I'm sure it will answer all your questions or at least raise some more relevant ones...

All the best Clive...
Feel the Fear and do it anyway!!!
  • #7,863
  • Aug 1, 2015 3:55am Aug 1, 2015 3:55am
Quoting devontrader
{quote} if you read the posts you would know.dont be lazy do your homework my friend....read and learn
Steady up Jason, we all have to learn somehow and we all start somewhere....

And to be fair it is a difficult thread to follow as I have modified my strategy on a weekly basis as you well know,

I have to smile too when I see you tell people to "not be lazy and read the thread" as I've spent hours on skype with you explaining all areas on my strategy, maybe next time you skype me I'll tell you to go read the thread instead?????

Oh and by the way the indicator that you keep skyping me about is easy to find just search the thread for it, but don't worry just like "jaylukmann" I'll help you too and attach it below...

The point I'm trying to make is I want this to be a warm friendly environment where we all help each other to become better traders, an environment where we encourage and help each other. However if someone does become a pest, time magnet or nuisance, Don't worry I will have my way of telling them so....

By the way heres that indicator you keep asking me for on skype showing the biggest ADR pairs.....
Attached File(s)
File Type: ex4 ADR Table v2.ex4   31 KB | 571 downloads
Feel the Fear and do it anyway!!!
  • #7,864
  • Aug 1, 2015 7:10am Aug 1, 2015 7:10am
Quoting devontrader
{quote} if you read the posts you would know.dont be lazy do your homework my friend....read and learn
DEVONTRADER MR,If Clive can skype with me once and not yours that has become thorns on his flesh,i will not ask questions here like you are asking,anyway,he has a good reply for you,i dont need to fuss over it again.
  • #7,865
  • Aug 1, 2015 7:37am Aug 1, 2015 7:37am
Quoting jaylukmann
{quote} DEVONTRADER MR,If Clive can skype with me once and not yours that has become thorns on his flesh,i will not ask questions here like you are asking,anyway,he has a good reply for you,i dont need to fuss over it again.
your talking in riddles. I do t even understand what your trying to say.I dont keep.skyping anyone asking for things....period.finally some advice....dont just go into a group and ask for things on a plate...read learn do homework and demonstrate thru questions that you.know something about this topic and we are then all willing to help.we have all put in the time to.learn...me included and am.willing to help.i dont want to blow my own trumpet but i see after introduced hurst method and the bands etc....results in trades are betteri could have kept it to.my self but i share cos its the person i am.im grateful.clive finally.listened to me and hurst method after soooòo long.hey clive hey hey hey lol
  • #7,866
  • Aug 1, 2015 8:17am Aug 1, 2015 8:17am
I read something not too long ago about the fact that (Lineal weighted moving average)LWMA+1 PERIOD works the same way like the CENTRED TMA but that it does not repaint . I would want the experts here to consider if it can be added to the system.
  • #7,867
  • Aug 1, 2015 8:59am Aug 1, 2015 8:59am
Hi clivepackham,

ADR table v2.exe do not work on 5 digit brokers.
Clive's Strongest Weakest Indicator.ex4 - same on 5 digit brokers
#top 28 trenders all brokers_vA.1.3.ex4 - slows down my computer. After remove this indicator from chart all run normal

I am using live account in FinFx.com, is there any solution ?

Thanks,
Kibria
  • #7,868
  • Aug 1, 2015 9:09am Aug 1, 2015 9:09am
Quoting clivepackham
Yes I think its true to say this thread has evolved a fair bit and so making it very hard for anyone to follow or catch up by just reading so over the weekend I will update where we are now and upload my templates etc...
It would be a great help if you can do this. I also have trouble getting the template to work. The template at post 7707 doesn't display 5M band. Though I added it manually I'm not sure whether settings are correct.

Please post the template and the indicators and your current strategy. Thanks.
  • #7,869
  • Aug 1, 2015 9:23am Aug 1, 2015 9:23am
Quoting jaylukmann
I read something not too long ago about the fact that (Lineal weighted moving average)LWMA+1 PERIOD works the same way like the CENTRED TMA but that it does not repaint . I would want the experts here to consider if it can be added to the system.
LWMA +1??? What does the +1 stand for??? I guess its shifted by 1 but 1 what?? We use to use 100lwma as our trend indicator and we use to measure the slope of it to identify the strongest trending pairs to trade, funny as I type that it sounds like a good idea again... In fact I am toying with using the 5 min TTindy strongest trending pairs combined with the trading channels. But thats for another time..

We recently switched to the 20 TMA as it just denotes simply up or down, green we're buying red we're selling. Looking for slope changes at key levels hence our TMA outer bands which denote the extremeties of the higher time frame channels. We're just trying to identify the ideal place to take our 1 minute entries in line with higher timeframe support and resistance levels in a nut shell..

As for this repainting concern its not really an issue the way we're trading it, I prefer to call it "updating itself" as the market is constantly updating so unlike other MAs that always lag price the TMA centred is trying to keep itself up to date with the most recent market moves. Just my way of interpreting the "repainting issue".

A daily candle constantly repaints itself throughout the day in a similar way, just udating itself with current market conditions and once its printed its immediately old data in my book but so many traders live and die by them... All about personal choices I guess ..

Secondly regarding the repainting issue with these TMAs there is no doubt in my head they tell me where to trade the 1 min from in a zone rather than an exact point on the chart,which is why as I am using them as a zone I need the middle band as confirmation that the market is reacting to that zone. that middle band change of colour is the actual signal to look for an entry and even after that I'm not just jumping in, I'm going to wait for my CCI to signal an entry.

The other thing I'm thinking of bringing to the situation is strong trending HRLY pairs where we can look for HRLY outer band as the perfect place to catch the strong trending hourly pair.. Will show you more on all this later with my weekend updating post...

Probably be doing that tomorrow now as gonna spend sometime with my family...
Feel the Fear and do it anyway!!!
  • #7,870
  • Aug 1, 2015 9:42am Aug 1, 2015 9:42am
Quoting samanfx
{quote} It would be a great help if you can do this. I also have trouble getting the template to work. The template at post 7707 doesn't display 5M band. Though I added it manually I'm not sure whether settings are correct. Please post the template and the indicators and your current strategy. Thanks.
goto the tma indicator in indicator list and locate the 5 period setting one.....look in visualisation and see is all is ticked..if not then individual tf are set..check m5 is ticked.if no period 5 tma indicator then its using current...again check visualisation tab
  • #7,871
  • Aug 1, 2015 1:30pm Aug 1, 2015 1:30pm
Quoting TrkgSailor
Thanks to Clive and many contributors here -................I am. Another request, if I may - although outside the scope of this threat ...uh, thread, but touched upon in the past - Broker = reliable, good, trustworthy, low spreads, allthatsgood. ....Yeah, I know I know - they're as plentifull as chicken-teeth. I'm currently with ...uh, FXCM --- pardon my cussword there. Clive suggested way-back an Aussie comp'y DMMFX - and I nearly got excited. Maybe because I'm inclined to mis-trust anyone wearing cowboy-hats & drive V8-cars - get my drift? ...Alas,...
If you trade with FXCM then you are already trading with a broker that no longer gaurantees your money....so why not join DMMFX as they have amazingly low fixed spread and no commission so a lot cheaper than FXCM but if you do want a no negative balance gaurantee then I would suggest FXPRO who have reasonable spreads and a no negative balance gaurantee too..

http://www.fxpro.co.uk/?utm_source=F...2014&source=13

Will deal with your other questions when I post update...
Feel the Fear and do it anyway!!!
  • #7,872
  • Aug 1, 2015 1:40pm Aug 1, 2015 1:40pm
Hey guys. Found this awesome indicator that could be useful for trade entries once the Clive criteria has been met. Ive set mine to cci period 8, made the bars size 5 in the colour section and then selected bars instead of candles and made all other colours in chart prefs purple. Looks like something i will exploring. This was the dax on friday. Once price is at extreme then wait for a colour change cci candle and enter...

Attached Image (click to enlarge)
Click to Enlarge Name: tmaccicandles.png Size: 44 KB

Attached File(s)
File Type: ex4 CCI CustomCandles.ex4   3 KB | 321 downloads
  • #7,873
  • Aug 1, 2015 2:47pm Aug 1, 2015 2:47pm
Quoting clivepackham
{quote} ...so why not join DMMFX
Have you had any experience of trading a real account with them?

Thanks.
  • #7,874
  • Aug 1, 2015 4:26pm Aug 1, 2015 4:26pm
Amazing FF doesnt support IE9 oh well,,,,used google chrome instead lol

anyway

just thought i would post a pretty picture for all to see

im sure as all would have known last friday we had news release that made some pairs go stupid lol

well look at this pic of eurusd and you will see the huge bull move,,fake move at the start of US session too for the MM

anyway if we look back to thurs eve we have a demand zone with confluence of the inner band and the outer band comming together.

if we bought here and followed price along,,our centreline is green. yes we have a small red part but with the outer band trending upwards,,,i personally would stay long.
even more confirmation with more demand levels at the Average Daily Low,,,,2demand zones we could have scaled in more long

then our news hits and up it went,,,and we were long anyway,,,,price driven up thru the daily high and adr high,,,up to supply zone.

what a move long and all confirmed with hurst and supply demand.

also you will see a picture of the opposite correlation where price went bearish on news

again follow the trade and we would have been short anyway.

pips all the way guys.

Green zone= Asia Grey Zone=London Blue Zone=US
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 77 KB
Click to Enlarge Name: USDJPYM15.png Size: 94 KB
  • #7,875
  • Aug 2, 2015 3:46am Aug 2, 2015 3:46am
I personally like the 5M middle band color change better.....M15 is to inaccurate for me. Look at the spike, you would have left too much on the table and also the
6 am drawdown would have resulted in a stop loss. There is a fair amount of hindsight involved now. Remember when we were online in the real trade?

Just my 2 cts!

Quoting devontrader
Amazing FF doesnt support IE9 oh well,,,,used google chrome instead lol anyway just thought i would post a pretty picture for all to see im sure as all would have known last friday we had news release that made some pairs go stupid lol well look at this pic of eurusd and you will see the huge bull move,,fake move at the start of US session too for the MM anyway if we look back to thurs eve we have a demand zone with confluence of the inner band and the outer band comming together. if we bought here and followed price along,,our centreline is green....
  • #7,876
  • Aug 2, 2015 3:50am Aug 2, 2015 3:50am
sorry forgot "my picture"


Quoting harry23
I personally like the 5M middle band color change better.....M15 is to inaccurate for me. Look at the spike, you would have left too much on the table and also the 6 am drawdown would have resulted in a stop loss. There is a fair amount of hindsight involved now. Remember when we were online in the real trade? Just my 2 cts! {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2015-08-02 um 10.48.58.png Size: 76 KB
  • #7,877
  • Aug 2, 2015 3:52am Aug 2, 2015 3:52am
Quoting harry23
I personally like the 5M middle band color change better.....M15 is to inaccurate for me. Look at the spike, you would have left too much on the table and also the 6 am drawdown would have resulted in a stop loss. There is a fair amount of hindsight involved now. Remember when we were online in the real trade? Just my 2 cts! {quote}
yes harry i tend to agree.i have been looking at m1 and m5 and thinking m5 does come out a little clearer for me.m5 i guess would be a conservative entry too.i posted these 2 pics on m15 to just show the trading session...only visual on m15 and h1 chart.am studying price behaviour of the bad boys....fak moves and trap moves etc
  • #7,878
  • Aug 2, 2015 7:42am Aug 2, 2015 7:42am
Quoting MidnightRun
{quote} Have you had any experience of trading a real account with them? Thanks.
No I haven't personally but there was someone on here who was trading with them "live" and he said they were fine...

They are running a free no deposit scheme at the moment and a bonus deposit scheme too so maybe a good time to try them out....

They claim to be one of the biggest forex trading brokers in the world so can't imagine theres too much wrong with them, too big a reputation to mess it up now I guess.
Feel the Fear and do it anyway!!!
  • #7,879
  • Aug 2, 2015 7:58am Aug 2, 2015 7:58am
Quoting clivepackham
{quote} No I haven't personally but there was someone on here who was trading with them "live" and he said they were fine... They are running a free no deposit scheme at the moment and a bonus deposit scheme too so maybe a good time to try them out.... They claim to be one of the biggest forex trading brokers in the world so can't imagine theres too much wrong with them, too big a reputation to mess it up now I guess.
Thanks Clive,

Will you be posting your updated template/rules etc. (as you mentioned Friday) today?
Thanks
  • #7,880
  • Aug 2, 2015 9:59am Aug 2, 2015 9:59am
Quoting MidnightRun
{quote} Thanks Clive, Will you be posting your updated template/rules etc. (as you mentioned Friday) today? Thanks
Might not get time I'm afraid as got some family commitments plus I'm not sure where I am with my trading, just thinking this is getting a bit too complicated for me again looking at higher timeframes..

Might have to go back to my simpler trading style of , if its going up buy it, if its going down sell it...Only need 20 pips per session to make my fortune so just going over some previous ideas and combining it with the TMAs as targets etc...

Will get my ideas together so If I don't post today will post durring the week ...

Sorry guys to not fulfill my promise today but I will sometime this week..
Feel the Fear and do it anyway!!!
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