Astro based Turning Points known in Advance | Page 26 | Forex Factory

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Astro based Turning Points known in Advance

  • #501
  • Dec 7, 2015 1:03pm Dec 7, 2015 1:03pm
Quoting abhay
market is almost dead today but here are the trade opportunities from TurnningPoints.... how the automatic trendlines can help... {image} =================================== =================================== ================================= New version (v6) has been released and attached to1st post. it is recommend to update as it adds new features and resolves GMT offset issue of shifting lines.

Sell below, where SL abhay ?
  • #502
  • Dec 7, 2015 1:15pm Dec 7, 2015 1:15pm
Quoting Kubiasty
{quote} Sell below, where SL abhay ?
for SELL trades, Stops are on candle close above those dashed support/resistance lines.. or follow the autosignal if it closes..

remember, turningpoint trade is valid only upto 3 bars from the line..
  • #503
  • Dec 7, 2015 1:20pm Dec 7, 2015 1:20pm
Quoting abhay
{quote} for SELL trades, Stops are on candle close above those dashed support/resistance lines.. or follow the autosignal if it closes.. remember, turningpoint trade is valid only upto 3 bars from the line..
EXAMPLE Correct:

Attached Image (click to enlarge)
Click to Enlarge Name: example sl.png Size: 24 KB


??
  • #504
  • Dec 7, 2015 1:46pm Dec 7, 2015 1:46pm
Kubiasty, see the comments and lines in white.. shows where a trade should be taken.

 

  1. For break of support/resistance, it is upon the break of support or resistance (dashed lines) and
  2. for Trendlines (light blue & pink) it is BUY on bar close above blue and SELL on bar close below Pink

Attached Image (click to enlarge)
Click to Enlarge Name: sample sl1.gif Size: 26 KB



=================================== =================================== =================================
New version (v6) has been released and attached to1st post. it is recommend to update as it adds new features and resolves GMT offset issue of shifting lines.

if lines do not match up due to gmtoffset, check the value from Tools >> Global Variables >> Scroll to bottom to find broker_gmtoffset and delete it or set the correct value, then download just TurningPoints.ex4 attached to 1st post and restart mt4. Otherwise all your lines will be at wrong place... thx
  • #505
  • Dec 7, 2015 3:08pm Dec 7, 2015 3:08pm
Do you sell now abhay EU ?
  • #506
  • Dec 7, 2015 3:20pm Dec 7, 2015 3:20pm
Quoting Kubiasty
Do you sell now abhay EU ?
I sold it @ 1.0844 when price was not moving UP anymore and stoch was high and price was hugging trendline.. May close when stoch reaches bottom and if there is no momentum down



=================================== =================================== =================================
New version (v6) has been released and attached to1st post. it is recommend to update as it adds new features and resolves GMT offset issue of shifting lines.

if lines do not match up due to gmtoffset, check the value from Tools >> Global Variables >> Scroll to bottom to find broker_gmtoffset and delete it or set the correct value, then download just TurningPoints.ex4 attached to 1st post and restart mt4. Otherwise all your lines will be at wrong place... thx
  • #507
  • Dec 7, 2015 5:48pm Dec 7, 2015 5:48pm
market dead but got 10pips, SOLD at high stochs with price hovering at trendline and closed at low stochs..

Attached Image (click to enlarge)
Click to Enlarge Name: Euro-TP48.gif Size: 31 KB



=================================== =================================== =================================
New version (v6) has been released and attached to1st post. it is recommend to update as it adds new features and resolves GMT offset issue of shifting lines.

if lines do not match up due to gmtoffset, check the value from Tools >> Global Variables >> Scroll to bottom to find broker_gmtoffset and delete it or set the correct value, then download just TurningPoints.ex4 attached to 1st post and restart mt4. Otherwise all your lines will be at wrong place... thx
  • #508
  • Dec 7, 2015 7:40pm Dec 7, 2015 7:40pm
Quoting abhay
{quote} for SELL trades, Stops are on candle close above those dashed support/resistance lines.. or follow the autosignal if it closes.. remember, turningpoint trade is valid only upto 3 bars from the line..
I never used these methods , say "discovered" one, to trade.
Don't waste your time and money with such systems.There is not any method to predict the market and there is not any "discovery" in this field. Remember we had a lot of elite guys in history and , to discover, they deserved more.
  • #509
  • Dec 7, 2015 11:02pm Dec 7, 2015 11:02pm
Hi all,
Is my chart look ok? Or have different from the other?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 46 KB
  • #510
  • Dec 7, 2015 11:51pm Dec 7, 2015 11:51pm
Quoting LexLuthor
Hi all, Is my chart look ok? Or have different from the other? {image}
Same with me
  • #511
  • Dec 7, 2015 11:55pm Dec 7, 2015 11:55pm
Quoting monaghan
{quote} Same with me
that's great
now all we have to do is wait until the price near the red area

Do bollinger band or any other indi can help with this sistem?
  • #512
  • Dec 8, 2015 12:08am Dec 8, 2015 12:08am
Quoting LexLuthor
{quote} that's great now all we have to do is wait until the price near the red area Do bollinger band or any other indi can help with this sistem?
I just stick with what Abhay suggests Lex
  • #513
  • Dec 8, 2015 12:13am Dec 8, 2015 12:13am
Quoting monaghan
{quote} I just stick with what Abhay suggests Lex
Oh ok..
I will try to test with any other indi for best confirmation and will give the result here
  • #514
  • Dec 8, 2015 12:26am Dec 8, 2015 12:26am
Quoting LexLuthor
{quote} Oh ok.. I will try to test with any other indi for best confirmation and will give the result here
Lex, I think there is a difference of 1 bar on your chart.
Yes Lex, as monghan said, using only price action based confirmation (ie Break of Trendlines or support/resistance lines) will be enough to get good trades as these are not lagging and they will cover your breakouts as well as reversals.

If there is any scope of improvement in trendlines drawing, then I will update it to make it better and better.

Looking at the action it seems liek EURO is rising into Red bar, so if there is no momentum further and after Pink trendline appears, if price breaks below it and stoch is also high, then it will be a SELL opportunity. I will be off to bed so can't take that trade.

Attached Image (click to enlarge)
Click to Enlarge Name: Euro-TP49.gif Size: 76 KB



=================================== =================================== =================================
New version (v6) has been released and attached to1st post. it is recommend to update as it adds new features and resolves GMT offset issue of shifting lines.

if lines do not match up due to gmtoffset, check the value from Tools >> Global Variables >> Scroll to bottom to find broker_gmtoffset and delete it or set the correct value, then download just TurningPoints.ex4 attached to 1st post and restart mt4. Otherwise all your lines will be at wrong place... thx
  • #515
  • Dec 8, 2015 12:34am Dec 8, 2015 12:34am
Quoting abhay
{quote} Lex, I think there is a difference of 1 bar on your chart. Yes Lex, as monghan said, using only price action based confirmation (ie Break of Trendlines or support/resistance lines) will be enough to get good trades as these are not lagging and they will cover your breakouts as well as reversals. If there is any scope of improvement in trendlines drawing, then I will update it to make it better and better. Looking at the action it seems liek EURO is rising into Red bar, so if there is no momentum further and after Pink trendline appears,...
oh yes I change gmt_offset to 3. I'll change it again now.

and I adding trendline also. Is that ok?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 53 KB
  • #516
  • Dec 8, 2015 1:46am Dec 8, 2015 1:46am
Thanks Abhay for the explanation.
  • #517
  • Edited 3:58am Dec 8, 2015 3:18am | Edited 3:58am
Hi abhay

Pink line doesn't appear on its own, but only when I reload the template. I have the indicator set to 'Automatic' - Also, can you tell us what is the significance of the different color turning point lines. Some are a different thickness as well - does this mean the turning point is less defined?
Does red mean 'important' and yellow or light blue mean 'less important'? Looks like a good SELL coming.....
  • #518
  • Dec 8, 2015 3:22am Dec 8, 2015 3:22am
Hi, Kubiasty, I'm attaching GJ-screenshot
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h1-instaforex-group-2.png Size: 88 KB
.Any comment?
  • #519
  • Dec 8, 2015 4:28am Dec 8, 2015 4:28am
Hi all this my sell at turning point
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 52 KB
  • #520
  • Dec 8, 2015 4:48am Dec 8, 2015 4:48am
Quoting LexLuthor
Hi all this my sell at turning point {image}
Looks good, i have the same sell
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