Ahmed Maher: The Fox Wave | Page 9 | Forex Factory

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Ahmed Maher: The Fox Wave

  • #161
  • Sep 6, 2015 5:30pm Sep 6, 2015 5:30pm
Quoting arad125
hi thefox91 many thanks for sharing your system.i have some questions.first as you mentioned in post 143 charts of diferent brokers are diferent.i mean body of candles in timeframes.and for that reason because your system uses body of candles for determining kind of sub waves ,results in diferent brokers will be diferent.how can we solve this problem. other is that as time is going i see you are modifying and extending your system.this means as i think you are creating this new version as time is going. specialy Fox Wave Golden Time.is your new...
Very sorry for late reply, Honestly didn't notice man. For issue about Brokers time we agreed to all follow the the beginning of the day of our platform at 0:00 of market watch. I know brokers may be different in Time but will not affect the chart a lot specially in our entries. even though I believe that concepts has to be applied on any thing means if you are using any platform you just only have to follow the rules of the system and wait for entries regardless the other time of other brokers. you just apply the system from 0:00 of Market watch of your platform.

yes I was to trying to develop something new to enhance this system for better performance and results. but for All you guys I believe nothing is useless in this Market anything made has its use in time. it's just differ by its winning ratio than others so any idea made can be used even in anthor system.

I don't believe in EAs like I don't believe in Indicators, this my own opinion I believe only in manual trading as you want to earn money you have to work for it. if anyone can make an EA for this system I will be very thankful for him but I will personally use it only for Back testing not for Trading. cheers
  • #162
  • Sep 6, 2015 5:42pm Sep 6, 2015 5:42pm
Quoting earlroy63
thefox91, Please help with this one. {image}
at the Point you mentioned was in the Golden Period ( the original 9 candlesticks we used to take as Golden Fox wave), we don't search for confirmation pattern in Golden Period we wait the 9 CS to be counted then search for confirmation pattern after it, once occurred we apply our Golden Analysis we used to do on old golden fox Wave but now from confirmation pattern back 9 CS. this will take some Candlesticks from Golden period and the rest or remaining of candlesticks of Golden period will be our Guards to confirm the entry.
  • #163
  • Sep 6, 2015 5:45pm Sep 6, 2015 5:45pm
Quoting whoareyou
earl i believe last candle in 9 candle wave must be opposite to previous 2 candles (bearish/bearish/bullish or bullish/bullish/bearish).
In Ordinary Fox Wave only that are for High Time frames, that it forms the confirmation pattern in last sub wave. cheers
  • #164
  • Sep 6, 2015 5:50pm Sep 6, 2015 5:50pm
Quoting laksior
1. Mark on Your chart first 9 candles of the day 2. After 9 candles start looking for confirmation any pattern 3. When You see 2 bearish candles and 1 bullish it is a bearish confirmation pattern 4. When You see 2 bullish candles and 1 bearish it is a bullish pattern 5. Now start counting 9 candles backward from last candle of confirmation pattern 6. These are Your 3 subwaves and You have to analyze them 7. When You analyze them and You know what type of wave it is (bullish or bearish), look to the left side of this wave 8. There are some candles...
Well Done laksior , special thxs for explanation it may help a lot. very glad that you understand it.
btw I love Poland and polish accent 'Jazda Na Maxa'
  • #165
  • Edited 7:24pm Sep 6, 2015 6:49pm | Edited 7:24pm
thefox91,

Solved, I am now ok. I will be working with Extended Time and I will provide feedback on it.
Thanks also to laksior.
  • #166
  • Sep 6, 2015 11:02pm Sep 6, 2015 11:02pm
I am very glad I could help and thank You Fox for kind words
Let's ride
  • #167
  • Sep 7, 2015 1:57am Sep 7, 2015 1:57am
Quoting laksior
1. Mark on Your chart first 9 candles of the day 2. After 9 candles start looking for confirmation any pattern 3. When You see 2 bearish candles and 1 bullish it is a bearish confirmation pattern 4. When You see 2 bullish candles and 1 bearish it is a bullish pattern 5. Now start counting 9 candles backward from last candle of confirmation pattern 6. These are Your 3 subwaves and You have to analyze them 7. When You analyze them and You know what type of wave it is (bullish or bearish), look to the left side of this wave 8. There are some candles...
Thanks Laksior. From your summary, the first 9 candles are from 00:00 to 8:00. Then we start looking for confirmation from 9:00 candle. Isn't it?
  • #168
  • Sep 7, 2015 2:25am Sep 7, 2015 2:25am
Yes, correct
  • #169
  • Sep 7, 2015 2:59am Sep 7, 2015 2:59am
Hello thefox91, the attached is for your comment. Thanks

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  • #170
  • Sep 7, 2015 3:02am Sep 7, 2015 3:02am
First trade opened

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  • #171
  • Sep 7, 2015 4:03am Sep 7, 2015 4:03am
2nd trade opened

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  • #172
  • Sep 7, 2015 4:22am Sep 7, 2015 4:22am
Quoting laksior
2nd trade opened {image}
when you use extender time it's buy but use golden foxwave , it,s sell . am i right?
  • #173
  • Sep 7, 2015 4:26am Sep 7, 2015 4:26am
Quoting nazmul0001
{quote} when you use extender time it's buy but use golden foxwave , it,s sell . am i right?
Yeah, You have right mate.
  • #174
  • Sep 7, 2015 5:10am Sep 7, 2015 5:10am
3rd trade opened

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  • #175
  • Sep 7, 2015 5:35am Sep 7, 2015 5:35am
Hello dear the foxwave sir,
please attach new system in you PDF with chart (golden switch + extended time+other). because it's impotent for new able reader. when he/she download PDF it's complete system in thee hand.
thanks
  • #176
  • Sep 7, 2015 11:18am Sep 7, 2015 11:18am
Today, using extended time: No trade EJ and EU. Long -GU, EA and GJ. Low volatility day due to USA and Canada public holiday.
  • #177
  • Sep 7, 2015 11:53am Sep 7, 2015 11:53am
Quoting thefox91
Final Shape of 'Extended Time' {image} Golden Guards: our filter to confirm the entry. the rest of 9 candlesticks Golden period after the Extended time wave. count no. of Bullish candlesticks to Bearish ones and number of Guards must be greater the other type to confirm the entry direction (Bullish extend time wave= no. of Bullish guards>no. of Bearish guards and vice versa). *No. of Golden Guards< No. of other type=NO TRADE. *Balanced Guards cases: no. of Bullish Guards=no. of Bearish Guards, entry still valid but with low lot size. *Out of time...
Hi thefox91,

A quick question. With respect to the "Golden Guards", I see in some cases you count 4 candles to determine bullish or bearish while some cases you count 5 candles.. Do you have a criteria for this? Many thanks.
  • #178
  • Sep 7, 2015 11:56am Sep 7, 2015 11:56am
thanks thefox91 for your helpfull reply.i will try programing your system.as you mentioned i think at least it will be usefull for back testing.
  • #179
  • Sep 7, 2015 12:34pm Sep 7, 2015 12:34pm
ayour2a,
Your question,

A quick question. With respect to the "Golden Guards", I see in some cases you count 4 candles to determine bullish or bearish while some cases you count 5 candles.. Do you have a criteria for this?

Please read post #160 from laksior over and over until you understand.
  • #180
  • Sep 7, 2015 1:25pm Sep 7, 2015 1:25pm
Quoting earlroy63
ayour2a, Your question, A quick question. With respect to the "Golden Guards", I see in some cases you count 4 candles to determine bullish or bearish while some cases you count 5 candles.. Do you have a criteria for this? Please read post #160 from laksior over and over until you understand.
Thanks
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