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Ahmed Maher: The Fox Wave

  • #201
  • Sep 8, 2015 7:25pm Sep 8, 2015 7:25pm
Quoting vinforex7
{quote} Hi buddy... It was a genuine question...! If so, please shed some light on it.. because it might be a motivation for many of us here...! thanks
I trade forex like any other trader here and I'm as poor as market keep giving to me. but I'm more concerned with developing new systems and tools for this market. this something I love always to do beside trading. cheers
  • #202
  • Sep 8, 2015 7:28pm Sep 8, 2015 7:28pm
Quoting HighFivve
hello abokwaik hope you are well Thankx for the EA i was wondering if it it set to work on the 4hour TF counting 9 from the start of the week then confirming Thank you and good pips brother
yes, this will be great for "Extended time" to back test it specially on H4 for long term. and with an option in EA to open and close using "Golden guards" and No Donor candle cases and profit to be set closing trades at end of the week with stop loss no. of pips Golden period length with max of 150 pip for H4 TF if Golden period length exceeds 150 pips.
  • #203
  • Edited 5:25am Sep 9, 2015 4:27am | Edited 5:25am
Hi Ahmed....really liked your system...however i m not sure regarding followings points on page 1

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

my questions are followings:

1 - If we see two bearish candles and 1 bullish then.... is it not a bullish confirming pattern as per your page 5 of pdf?
2- In extended time period i am assuming if we see a bearish confirming pattern we can go long as far as wave is bullish and we have more bullish guards? We only need to see any type of pattern in order to go ahead. Correct or wrong?


Suggestion - Maybe we can add another point on page 1 if all waves are same and confirming with guards then we open trade in opposite direction.
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  • #204
  • Sep 9, 2015 5:13am Sep 9, 2015 5:13am
Quoting HighFivve
hello abokwaik hope you are well Thankx for the EA i was wondering if it could be set to work on the 4hour TF counting 9 from the start of the week then confirming Thank you and good pips brother
Quoting thefox91
{quote} yes, this will be great for "Extended time" to back test it specially on H4 for long term. and with an option in EA to open and close using "Golden guards" and No Donor candle cases and profit to be set closing trades at end of the week with stop loss no. of pips Golden period length with max of 150 pip for H4 TF if Golden period length exceeds 150 pips.
Hello HighFivve and Ahmed,

I am sorry my time didn't permit to follow the thread on daily basis.
I can see that its developing well with new concepts introduced.

I will try to spare some time to develop a new EA, but first I need a clear set of rules for it, as I will not be able to extract those from previous posts.


All the best,

Khalil
No guts, no glory
  • #205
  • Edited 7:15am Sep 9, 2015 6:43am | Edited 7:15am
Quoting sabar786
Hi Ahmed....really liked your system...however i m not sure regarding followings points on page 1 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 my questions are followings: 1 - If we see two bearish candles and 1 bullish then.... is it not a bullish confirming pattern as per your page 5 of pdf? 2- In extended time period i am assuming if we see a bearish confirming pattern we can go long as far as wave is bullish and we have more bullish...
Hello saber 786, what's in page 5 in pdf is the confirmation pattern for the normal Fox wave. where we apply Volume traded analysis on sub waves. but there's a second part in book about Golden Time which has "Golden Analysis" different from Volume Traded analysis which has developed now to "Extended time" that we are on testing it. we don't depend on confirmation pattern type on it to confirm direction. I would suggest to read the Golden Time part again then review Extended time enhancement in first page. for same subwaves caeses it's called "Full volume Traded" cases and we already take entries in opposite direction in these caeses. cheers
  • #206
  • Sep 9, 2015 7:12am Sep 9, 2015 7:12am
Quoting abokwaik
{quote} {quote} Hello HighFivve and Ahmed, I am sorry my time didn't permit to follow the thread on daily basis. I can see that its developing well with new concepts introduced. I will try to spare some time to develop a new EA, but first I need a clear set of rules for it, as I will not be able to extract those from previous posts. All the best, Khalil
Hello Mr.khalil, thxss for your reply and interest. we are now on "Extended Time" enhanced from "Golden Time" part that after 9 CS "Golden period" of each day is done we wait for confirmation pattern to happen. once done we backtest 9 candlesticks from confirmation pattern with "Golden Analysis" (confirmation pattern is counted within these 9 CS) this will take some Candlesticks from Golden period. then after we determine direction of ET Fox wave obtained by Golden Analysis, there will be some remaining candlesticks from Golden periods. I called them guards, these guards are to confirm our entry by its number means if we have 4 candlesticks remaining (3 are Bullish CS and one are Bearish) and our ET wave is Bullish wave. so no. of Bullish guards is > than Bearish ones than confirms long then we go long and vice versa for Bearish entries but when no of guards is less than the direction of ET wave direction we DON'T TRADE also when they are equal in number we enter but wiyh low lot. stop loss will be the no. of pips of Golden Period size (first 9 cs from High to low ) with max of 100 pips for H1 TF if Golden period size is greater than 100 pips. in H4 TF I don't use guards to confirm entry so I want you to make two options in EA "open & close" of using of Guards so I can test EA on both H1 & H4 TFs. also anthor option to set max stop loss as it will be 100 pips for H1 TF & 150 pips for H4 TF but kindly note that we usually don't set it to the Max we first measure Golden period size if it exceeds the max we put the max value but if don't we put the value of Golden period size.
Sorry if it's two long to read but I hope it's some clear now, I suggest you also if you have time kindly review Golden Analysis from PDF as it's differrent from Volume Traded Analysis you made in first EA. and then review EXtended time cases the Summation of rules of luksior in first page to be more clear. Thanks in advance
  • #207
  • Sep 9, 2015 8:41am Sep 9, 2015 8:41am
GBPJPY & EURAUD today💜
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  • #208
  • Sep 9, 2015 12:01pm Sep 9, 2015 12:01pm
Quoting HighFivve
hey danvilman on the 1h chart the fox uses "Extended time" that I don't quite get atm lol.. but you are correct if you use the 4h chart like me or 1D GL
Hey HighFivve thanks for the comment, but I'm using 1H and 10m charts the most, and also 4H and weekly for some confirmations etc, but the thing is that bigger timeframe you're using = bigger stop loss, so 1H timeframe.
The FoxVawe is something new to me and still don't get it 100%, but been analysing it atm

Good luck to you too man
  • #209
  • Sep 9, 2015 12:09pm Sep 9, 2015 12:09pm
Quoting thefox91
{quote} Hey man, you shouldn't take this trade today even it wen in your favour (might been not) you applied analysis correctly but you didn't confirm it with Golden Guards (there' was two bearish guards and one bullish that dont confirm long). although for Stop loss we dont set to it to lowest low or Highest high of Golden Period, we measure the Golden Period (the first 9 CS) from high to low and no. its pips length will be our stop loss, btw whats the name of your platform?! looks lovely . cheers
hi man, thanks for your reply, but don't understand what you really mean by Golden Guards or how can I count them, see them etc.
I know we're talking about first 9 CS etc, but would you mind to show us analysis from your chart from that day please? that would be really helpful and more understandable and i think everyone in this thread would look at that and appreciate it.

your PDF doc is very useful and understandable but i'm just not sure where to place SL and TP anyway - would you mind to show it on your platform or just show us some picture of specific pair?

Re: platform i'm using - it's IG.com charts.
  • #210
  • Sep 9, 2015 1:26pm Sep 9, 2015 1:26pm
Quoting HighFivve
Hi thefox 91 I would like to submit this simplified version (that can be easily coded)of your great Idea to abokwaik as a starting point . 1) End of first nine 4h candles of the week 2) ea will look at last 3 candles 3) 9th candle must be opposite 8th AND 7th (9th is the pull back to 7th & 8th trend) 4) EA will count total bullish and bearish of the nine.. 5) If Five six or seven bulls/bear agree with 7,8,..trend we place order. 6) If count is 8,9 bulls or bears we are oversold and no trade. 7)...
now you make me worry about how you understand Extended Time . simplified summary of luksior in first page is still the best.
after the 9 Candlesticks we don't enter we should wait confirmation pattern to occur after the 9CS and then enter. aslo we don't count the no. of Bulls & bear in all wave we divide ET wave into sub waves first then apply what's called "Golden analysis" (explained in PDF) thats why I always call names to tools it's not useless as you can always get back to review it. Golden Analysis simply take each sub wave and see no. of bullish candles VS Bearish candles and the greater will be the type of the sub wave. After first 9 CS from beginning of week if you are using ET on H4 we wait for confirmation pattern to occur once done we will apply Golden Analysis on each sub wave back 9 CS from confirmation pattern. then we obtain the direction of the whole ET wave. if you are using H1 TF you need to see Golden Guards to confirm your entry ( and they are the remaining no. of CS of Golden period to the beginning of week).

For TP & SL: I never said it's 200% or 400% in ET, mentioned lot of times and also put in 1st page that for SL: we first measure Golden period from High to Low and the amount of pips of it will be our SL but this amount has maximum of 100 pips for H1 TF and 150 pips for H4.
For TP: closing orders at end of day for H1 or end of week for H4.

sorry but you guys simply don't read my replies to others or even look at many charts I put here or in the first page, I write a lot in every time try to make it simple as possible but every time I have to repeat it again for someone.
  • #211
  • Sep 9, 2015 1:46pm Sep 9, 2015 1:46pm
Quoting danvilman
{quote} hi man, thanks for your reply, but don't understand what you really mean by Golden Guards or how can I count them, see them etc. I know we're talking about first 9 CS etc, but would you mind to show us analysis from your chart from that day please? that would be really helpful and more understandable and i think everyone in this thread would look at that and appreciate it. your PDF doc is very useful and understandable but i'm just not sure where to place SL and TP anyway - would you mind to show it on your platform or just show us some...
Many entries and charts are put in first page if you just reviewed it it may became more clear. attached your chart edited as entering with Extended time. also review again first page.
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  • #212
  • Sep 9, 2015 3:31pm Sep 9, 2015 3:31pm
Quoting HighFivve
noted please consider adr as 100 pips range on one pair can be 350 pips on another .and is ez to code in . will study up and try again ..good pips man
I dont know what you mean by adr, but I set 100 pips sl max for all pairs for H1 tf and 150 for H4.
  • #213
  • Sep 9, 2015 6:11pm Sep 9, 2015 6:11pm
Quoting thefox91
{quote} I dont know what you mean by adr, but I set 100 pips sl max for all pairs for H1 tf and 150 for H4.
ADR average daily range
Learn THEN Unlearn
  • #214
  • Sep 9, 2015 6:27pm Sep 9, 2015 6:27pm
Quoting HighFivve
{quote} ADR average daily range
I thought they were calling it ATR (average true range) and again and again I don't use ADR in SL I measure the Golden period size of same day (first 9 CS) and this will be our SL with max 100 pips for H1 TF. hope it's clear
  • #215
  • Sep 10, 2015 9:34am Sep 10, 2015 9:34am
Salam brother Ahmed Maher(thefox91),

You are doing great job, thanks for your
Time & efforts and above ALL, you are
Sharing your hard work with others without
Any cost, I salute.

I have a question, may be I misunderstood,

On the first page, plz see the point# 13 from
LAKSIOR:-

13. If bullish candles are equal bearish candles
then You trade in direction of main wave but with
smaller lot size than usualy.

My question is when we count 9 candles and then wait for
Conformation pattern( would be 3 more candles) that becomes 12 then
Go back for 3 sub waves(12th to 4th candles), after that we would ONLY
Have 3 candles left, so HOW these 3 become EQUAL in any case???

Did I make myself clear??

Ever praying for you and for your family.

Take care,
loveandpeace
  • #216
  • Sep 10, 2015 9:56am Sep 10, 2015 9:56am
Quoting loveandpeace
Salam brother Ahmed Maher(thefox91), You are doing great job, thanks for your Time & efforts and above ALL, you are Sharing your hard work with others without Any cost, I salute. I have a question, may be I misunderstood, On the first page, plz see the point# 13 from LAKSIOR:- 13. If bullish candles are equal bearish candles then You trade in direction of main wave but with smaller lot size than usualy. My question is when we count 9 candles and then wait for Conformation pattern( would be 3 more candles) that becomes 12 then Go back for 3 sub waves(12th...
it is not always the case that pattern forms straight after 9th candle...it may occur later on. Therefore we just need to check wave from when pattern occurs back of 9 candles and then count remaining candles upto beginning of the day. hope it clears.
  • #217
  • Sep 10, 2015 10:49am Sep 10, 2015 10:49am
Thanks Sabar 786!

That means it is NOT necessarily
That Conformation Pattern comes
Just after 9 candles from the beginning
Of the day.

Thanks for the clarification.

Take care,
  • #218
  • Sep 10, 2015 11:17am Sep 10, 2015 11:17am
Trades today GJ, EU and GU. ET H1 tp EOD
  • #219
  • Sep 10, 2015 12:05pm Sep 10, 2015 12:05pm
Quoting loveandpeace
My question is when we count 9 candles and then wait for Conformation pattern( would be 3 more candles) that becomes 12 then Go back for 3 sub waves(12th to 4th candles), after that we would ONLY Have 3 candles left, so HOW these 3 become EQUAL in any case???
You have right.
Sometimes number of Golden Guards will be 4 or 6, and this will be situation when number of bearish and bullish candles could be EQUAL.
But when the number of Golden Guards is 3, 5, 7 ... then the number of bearish and bullish candles NEVER will be EQUAL.

Cheers
  • #220
  • Sep 10, 2015 12:32pm Sep 10, 2015 12:32pm
Quoting loveandpeace
Salam brother Ahmed Maher(thefox91), You are doing great job, thanks for your Time & efforts and above ALL, you are Sharing your hard work with others without Any cost, I salute. I have a question, may be I misunderstood, On the first page, plz see the point# 13 from LAKSIOR:- 13. If bullish candles are equal bearish candles then You trade in direction of main wave but with smaller lot size than usualy. My question is when we count 9 candles and then wait for Conformation pattern( would be 3 more candles) that becomes 12 then Go back for 3 sub waves(12th...
Quoting sabar786
{quote} it is not always the case that pattern forms straight after 9th candle...it may occur later on. Therefore we just need to check wave from when pattern occurs back of 9 candles and then count remaining candles upto beginning of the day. hope it clears.
Quoting laksior
{quote} You have right. Sometimes number of Golden Guards will be 4 or 6, and this will be situation when number of bearish and bullish candles could be EQUAL. But when the number of Golden Guards is 3, 5, 7 ... then the number of bearish and bullish candles NEVER will be EQUAL. Cheers
Well done guys, very happy to see you are understanding it well now and it's clear for most of you. cheers
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