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00 Level Trading: EsikeM30Bomb

  • #2,101
  • Nov 25, 2015 4:11am Nov 25, 2015 4:11am
Quoting grenell
{quote} Great trading...interesting indicators/trading style on your chart, complementary to EsikeM30 thread.
1. I changed spud stochastic settings (on right chart) with:
1. Price field: Close/Close
2. Method: Exponential
And compared with 3 Higher TF Stoch 34,5,5 (Lower); 55,8,8 (Wall); 100,8,8 (Higher). If this 3 Stochs crossed Level 20, mean uptrend, and crossed Level 80 from above mean downtrend.

2. I replaced Kingpips indicator with MA Crossover Signal indicators for Price Action. The settings are:
Fast MA: 3
Slow MA: 5
ModeMA: Linear Weighted
PriceMA: Weighted Close

Attached Image (click to enlarge)
Click to Enlarge Name: 00sample02.png Size: 162 KB


ghoul
We are not going to play a winning hand every day
  • #2,102
  • Nov 25, 2015 7:05am Nov 25, 2015 7:05am
Hi Yomi,

I joined a trade at the same time as you but at EURUSD, was it a good entry? Want to know why you enter at EURJPY and not EURUSD.
Thank you for all.

EURUSD:
Closed by EA at +15 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 45 KB
  • #2,103
  • Nov 25, 2015 8:01am Nov 25, 2015 8:01am
Today I could take only one trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 70 KB
  • #2,104
  • Nov 25, 2015 8:08am Nov 25, 2015 8:08am
Quoting sk0n
Hi Yomi, I joined a trade at the same time as you but at EURUSD, was it a good entry? Want to know why you enter at EURJPY and not EURUSD. Thank you for all. EURUSD: Closed by EA at +15 pips. {image}
I entered both but I was busy I could't post both.


Weldone
Time always comes before price
  • #2,105
  • Nov 25, 2015 8:08am Nov 25, 2015 8:08am
Quoting Nigor
Today I could take only one trade. {image}
Time always comes before price
  • #2,106
  • Nov 25, 2015 5:26pm Nov 25, 2015 5:26pm
Thanks for sharing, fxrabbi. Have added the daily pivot indy (jsut my liking). Cheerstoppo
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-26 08_15_04-6t - [EURUSD,M15].png Size: 75 KB
  • #2,107
  • Nov 25, 2015 9:41pm Nov 25, 2015 9:41pm
Hi everyone!

Here is the new EA, introducing a new indicator to replace another one (fxrabbi will share in the template).

Regards

Vlad
Attached File(s)
File Type: ex4 EsikeM15Bomb EA v3.2+Alert.ex4   47 KB | 604 downloads
  • #2,108
  • Nov 26, 2015 12:36am Nov 26, 2015 12:36am
Thank you Yomi and Vlad for the new EA v3.2
We are all very eager to test it.
  • #2,109
  • Nov 26, 2015 2:51am Nov 26, 2015 2:51am

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-26 17_48_58-6 - [GBPUSD,M15].png Size: 81 KB
  • #2,110
  • Nov 26, 2015 3:33am Nov 26, 2015 3:33am
New zip file has been posted in post 1, containing update EA v.3.2 with a new indy for your success, so you will need to download everything again.




Yomi.
Time always comes before price
  • #2,111
  • Nov 26, 2015 9:32am Nov 26, 2015 9:32am
Hello! What's the name of this indicator and where can I take?Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: iih.png Size: 91 KB
  • #2,112
  • Nov 26, 2015 6:37pm Nov 26, 2015 6:37pm
Hi Fxrabbi,

I am confused here. I don't understand what is 00 level mean? And to short at 0.100 level and to long at 0.900 level. What do they mean? Thank you
  • #2,113
  • Nov 26, 2015 10:29pm Nov 26, 2015 10:29pm
Quoting ForeoneX
Hi Fxrabbi, I am confused here. I don't understand what is 00 level mean? And to short at 0.100 level and to long at 0.900 level. What do they mean? Thank you
Hi,

00 Level is talking about price levels such as 1.10000 or 198.000 (big levels). We trade around these levels because they have a "psychological" value in the market, and can act as support or resistance levels.

We also trade through the "smaller" 00 levels, so for example, entry at 198.200. - the .200 part is a 00 level. It gives us an edge because of the psychological value of these levels.

No long at .900 level, means we don't trade long if the price is 100 points below a big 00 level. so for example you would not trade at 197.900, because it is too close to 198.000.

The same applies for no short at .100 level. You would not trade short at 1.10100, because price is too close to a big 00 level (1.10000)

You can see the big 00 levels on your chart by looking at the yellow horizontal lines (see screenshot).

Hope that helps?

Vlad
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
  • #2,114
  • Nov 26, 2015 10:29pm Nov 26, 2015 10:29pm
I am a newbie to trading, and I am just following currently and I am kind of in the educational stage, and I would like to thank you all. Also I have subscribed.
  • #2,115
  • Nov 27, 2015 12:11am Nov 27, 2015 12:11am
Quoting MusaWahyd
I am a newbie to trading, and I am just following currently and I am kind of in the educational stage, and I would like to thank you all. Also I have subscribed.
Welcome!

All of us are in the "educational stage"! - it's a good place to be

Vlad
  • #2,116
  • Nov 27, 2015 2:03am Nov 27, 2015 2:03am
Quoting Ghoul007
{quote} 1. I changed spud stochastic settings (on right chart) with: 1. Price field: Close/Close 2. Method: Exponential And compared with 3 Higher TF Stoch 34,5,5 (Lower); 55,8,8 (Wall); 100,8,8 (Higher). If this 3 Stochs crossed Level 20, mean uptrend, and crossed Level 80 from above mean downtrend. 2. I replaced Kingpips indicator with MA Crossover Signal indicators for Price Action. The settings are: Fast MA: 3 Slow MA: 5 ModeMA: Linear Weighted PriceMA: Weighted Close {image} ghoul

Hi, please attach template and indicators.

Regards
  • #2,117
  • Nov 27, 2015 3:13am Nov 27, 2015 3:13am

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-27 18_08_50-67 [EURUSD,M15].png Size: 72 KB
  • #2,118
  • Nov 27, 2015 3:46am Nov 27, 2015 3:46am
Quoting toppo qqq
{image}

Time always comes before price
  • #2,119
  • Nov 27, 2015 4:13am Nov 27, 2015 4:13am
Quoting toppo qqq
{image}

I apologize for the intrusion, can you just tell me what it's called, this indicator?Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: io.png Size: 80 KB
  • #2,120
  • Nov 27, 2015 4:26am Nov 27, 2015 4:26am
GBPUSD (M15) +11.3 (exit manually because of the S2 ahead).



Trade Ideas:

1. Sync in pair.
2. Strength.
3. My talking Stochs (Rope) all the way....


Cheeers,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 54 KB
Time always comes before price
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