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Trading with range bars ichimoku cloud & awesome oscillator

  • #1
  • First Post: Mar 18, 2016 2:39pm Mar 18, 2016 2:39pm
This a first post on a new thread that is an off shoot of big income from a small account-m1 trading system.

I will begin posting my trades here next week.

Just so every one know and understands i have no interest in selling any trading systems, signals or mirror trading
services.

This thread is solely for helping each other with what can be a very frustrating hobby/business trading.

The system template is simple.

Candles, use i/2 min or range bars
indicators: Ichimoku cloud settings 9, 16, 52
awesome oscillator std. Settings

below is image of what my charts look like:
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  • #2
  • Mar 18, 2016 2:48pm Mar 18, 2016 2:48pm
I enjoyed reading your post in the other thread - I like your patience and discipline!
  • #3
  • Mar 18, 2016 2:53pm Mar 18, 2016 2:53pm
Why some people were getting blocked from previous thread I have no clue.

Lets just have some fun exchanging ideas and information on trading.

Lets see if we can find any ways to improve the system and our trading.

Only thing I would ask is no ea's please, I really don't like them.
  • #4
  • Mar 18, 2016 2:57pm Mar 18, 2016 2:57pm
Every one have a great weekend. Me I'm ready for a huge steak, a baked potato and some ice cold beer tonight. Now its time for the gym.
  • #5
  • Mar 18, 2016 3:45pm Mar 18, 2016 3:45pm
Hey again fellows
RP this is what i have send to you by Messages... and it wasnt just me having the issue ,
tnx for doing this thread by the way
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  • #6
  • Mar 18, 2016 3:53pm Mar 18, 2016 3:53pm
this is todays gbp chart....
i think my tp was little tight ...
any tips for sticking more with the green side of market?
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  • #7
  • Mar 18, 2016 4:29pm Mar 18, 2016 4:29pm
Quoting rockypoint
This a first post on a new thread that is an off shoot of big income from a small account-m1 trading system. I will begin posting my trades here next week. Just so every one know and understands i have no interest in selling any trading systems, signals or mirror trading services. This thread is solely for helping each other with what can be a very frustrating hobby/business trading. The system template is simple. Candles, use i/2 min or range bars indicators: Ichimoku cloud settings 9, 16, 52 awesome oscillator std. Settings below is image of what...
Glad you did this Rocky, was thinking that...not sure why it was in the commercial area anyway.....thanks and always look forward to your charts and comments...have a good one....ciao
  • #8
  • Mar 18, 2016 4:31pm Mar 18, 2016 4:31pm
one other question for anyone....when I used to get in the forums the first post was on the last page and the last was on page 1....but now its changed....anyone know how to reset or get it back that way...thought there used to be some setting that has last post first....but can't find it...
  • #9
  • Mar 19, 2016 12:08am Mar 19, 2016 12:08am
what size range bars are preferable please....for Mt4 need to specify in pips eg...3 ....or 2.5 pips.....etc

What is the moving average....?

Looks like your question of how to stay in longer for more profit ( golden way )...... Can be answered by closing when the candle closes below ...or above that Moving average
  • #10
  • Mar 19, 2016 4:21am Mar 19, 2016 4:21am
i dont knw if i have the right settings on my chart yet, because mt4 and thinkorswim platform have some differences,
its 5 tick per bar Forexmeoff
no you need to set candles to range bars... there are EAs and INDIs in past foroum u cand find out...

what exactly is this line on your chart rocky ?
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  • #11
  • Mar 19, 2016 4:44am Mar 19, 2016 4:44am
thanks, have range indicator. 5 ticks.....that is 0.5 pips.....so half a pip. Will check it out....that's a small range bar. On mt4 1 pip is 10 ticks or 10 of the last decimal place for 5 digit brokers if you take my meaning...that's how I understand it anyway. Maybe it's five pips range bar. If the thread starter can confirm it will be clear.
  • #12
  • Mar 19, 2016 7:16am Mar 19, 2016 7:16am
in version i use its 5 pips either, half a pip is so small and hard to trade !
  • #13
  • Mar 19, 2016 12:15pm Mar 19, 2016 12:15pm
Thanks for starting this thread Rockypoint,

I was also blocked on the last one. It is a rare thing to find someone these days who is willing to share and teach a profitable system without wanting something back.

Hope the steak and beers went down well!

Sure sound like you live the life over there in Mexico!
!
  • #14
  • Mar 19, 2016 12:24pm Mar 19, 2016 12:24pm
Hey GW, the line on my chart is tenkan or more accurately the tenkan sen or turning line it is essentially a moving average the is computed by
using the highest high and lowest low over 9 bars, if you compare it to 9 period SMA you will see the tenkan shows more areas of flattening. The flattening of the tenkan is indicative of price ranging.

As far as staying in trades longer, I don't normally set up tp orders ahead of time, I use previous s/r or swing highs/lows as targets if it breaks through I'll stay in and see what happens with next target. Also you can use the tenkan below is an example of use the tenkan flattening during
a trade and using it as s/r areas and waiting for breaks which came time after time.(obviously this does not happen very often) but it does occur
more often on a smaller scale.
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  • #15
  • Mar 19, 2016 12:31pm Mar 19, 2016 12:31pm
Hey Longman, thanks for the kind words. Mexico has been great and the people are so nice. We hung at a local cantina last night drinking negro
modelo on tap for 10 peros a mug(.55usd) and dancing to the band.
  • #16
  • Mar 19, 2016 2:06pm Mar 19, 2016 2:06pm
Quoting rockypoint
Hey GW, the line on my chart is tenkan or more accurately the tenkan sen or turning line it is essentially a moving average the is computed by using the highest high and lowest low over 9 bars, if you compare it to 9 period SMA you will see the tenkan shows more areas of flattening. The flattening of the tenkan is indicative of price ranging. As far as staying in trades longer, I don't normally set up tp orders ahead of time, I use previous s/r or swing highs/lows as targets if it breaks through I'll stay in and see what happens with next target....
Could you answer the range bar question please. How many pips for range bars mt4.
  • #17
  • Mar 19, 2016 2:21pm Mar 19, 2016 2:21pm
This is how I lay out my screens. Watch five pairs at a time. Similar charts to RP
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  • #18
  • Mar 19, 2016 2:22pm Mar 19, 2016 2:22pm
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  • #19
  • Mar 19, 2016 2:26pm Mar 19, 2016 2:26pm
Tos is a 5 decimal platform 10 ticks equal 1 pip, i generally use 50 ticks bars, sometimes that is too large and i will try
25 ticks or atr.
  • #20
  • Mar 19, 2016 2:28pm Mar 19, 2016 2:28pm
thanx RP that is very help full
i feel having more trouble with situations like below... (when market has no good move) to get it out with small profit or small loss,
it happend to me for number of times that ended with BE or much bigger loss !
could u plz explain about this too?
cheers
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