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Simple, proven and profitable S/R system

  • #221
  • Apr 25, 2016 4:54am Apr 25, 2016 4:54am
Short UC M5
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  • #222
  • Apr 25, 2016 5:00am Apr 25, 2016 5:00am
Quoting fxtrader29ca
{quote} Can you tell us a bit more about the fixes in the indicator?
I fix push and Alarm functions.
  • #223
  • Apr 25, 2016 6:32am Apr 25, 2016 6:32am
SS_SupportResistance_v07.3.ex4 (http://www.forexfactory.com/attachment.php?attachmentid=1912764&d=1461551940)
OK I must be the dullest person on FF but try as I might I cannot get SS support and Resistane \V7.3 ex4 to load. In my ignorance I am placing it in the "Experts File in MT4 but alas I simply cannot load it onto the chart. Are there any instruction on how to load this. I do not understand what I am doing wrong. Thank you for any help offered.
  • #224
  • Apr 25, 2016 6:44am Apr 25, 2016 6:44am
Quoting pbp1955
SS_SupportResistance_v07.3.ex4 (http://www.forexfactory.com/attachment.php?attachmentid=1912764&d=1461551940) OK I must be the dullest person on FF but try as I might I cannot get SS support and Resistane \V7.3 ex4 to load. In my ignorance I am placing it in the "Experts File in MT4 but alas I simply cannot load it onto the chart. Are there any instruction on how to load this. I do not understand what I am doing wrong. Thank you for any help offered.
Put it the indicators folder instead, then it should work. Also make sure to restart MT4 after you put it in. Hope that helps
Better to run, than curse the road
  • #225
  • Apr 25, 2016 7:33am Apr 25, 2016 7:33am
Thank you Steve2010 - It works now I know it is not actually an expert - I can relate to that well enough!!
  • #226
  • Apr 25, 2016 8:50am Apr 25, 2016 8:50am
Anyone trading this system on Higher time frames eg H4, Daily, Weekly?
  • #227
  • Apr 25, 2016 8:56am Apr 25, 2016 8:56am
Quoting earlroy63
Anyone trading this system on Higher time frames eg H4, Daily, Weekly?
I trade similar system on H4 with reference to Daily and weekly SNRs. And i have explained it in my previous post. But this strategy have only one part of mine SR strategy(The respect part) while the other part (Disrespect part) is missing.
Forex; the game of movements not the game of candles.
  • #228
  • Apr 25, 2016 10:56am Apr 25, 2016 10:56am
Thanks, Sajidkust.
I will work with your post #204 to help me.
Another point to note is the following:
I think the indicator in use is a Supply and Demand indicator and it is very different from Support and Resistance indicator. Sam Seiden of FxStreet explains the difference very well.
  • #229
  • Apr 25, 2016 12:18pm Apr 25, 2016 12:18pm
Quoting fjsmzy
Hi, everyone i have fix some bug, this version is the best...v7.3 enjoy ! {file}
hello, you could put a different alarm email when the price touches the support or resistance verified?
  • #230
  • Apr 25, 2016 12:46pm Apr 25, 2016 12:46pm
Quoting earlroy63
Thanks, Sajidkust. I will work with your post #204 to help me. Another point to note is the following: I think the indicator in use is a Supply and Demand indicator and it is very different from Support and Resistance indicator. Sam Seiden of FxStreet explains the difference very well.
Brother, I would request please don't go with SAM Seiden.
Forex; the game of movements not the game of candles.
  • #231
  • Apr 25, 2016 12:57pm Apr 25, 2016 12:57pm
Quoting fx346
{quote} Please explain what you mean by previous consolidation.
Dear Brother, By Previous consolidation I mean when setting an SL or TP, You should refer to the left of chart. Never ever, set your TP on price above/belw (above for Long entries and Low for Short entries) where in recent past you see a consolidation. These consolidation areas means that (i) This is area(price) of high interest for sellers/traders where price can take turn (ii) Consolidations areas in fact real resistance/support where a wast majority of traders will be either thinking to go long or short. So its never better to cultivate your TP inside previous consolidation and its always wise to hide your SL behind previous consolidation areas.
Forex; the game of movements not the game of candles.
  • #232
  • Apr 25, 2016 1:20pm Apr 25, 2016 1:20pm
Quoting mickael58
{quote} hello, you could put a different alarm email when the price touches the support or resistance verified?
Ok, no problem bro, next time I will update it.
  • #233
  • Apr 25, 2016 8:38pm Apr 25, 2016 8:38pm
I see this message today.
Is it a commercial Indicator?
Attached Image
  • #234
  • Apr 25, 2016 11:19pm Apr 25, 2016 11:19pm
Quoting fjsmzy
{quote} Ok, no problem bro, next time I will update it.
ok, everyone ,today i post the new version7.4 of SS_SupportResistance indicator, the version allow you setup different time frame and it only warn you when the price touches your setup support or resistance POSSIBLE ,TURNCOAT ,UNTESTED ,VERIFIED , WEAK


p/s: I will code an EA follow this indicator to trade on live account and i will share it to everyone, please let me know if anyone has a good idea.
Attached Image(s) (click to enlarge)
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Attached File(s)
File Type: ex4 SS_SupportResistance_v07.4.ex4   85 KB | 1,522 downloads
  • #235
  • Apr 26, 2016 12:50am Apr 26, 2016 12:50am
Quoting fjsmzy
{quote} ok, everyone ,today i post the new version7.4 of SS_SupportResistance indicator, the version allow you setup different time frame and it only warn you when the price touches your setup support or resistance POSSIBLE ,TURNCOAT ,UNTESTED ,VERIFIED , WEAK p/s: I will code an EA follow this indicator to trade on live account and i will share it to everyone, please let me know if anyone has a good idea. {image} {image} {file}
Of course it is a good idea I hope it will be profitable.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #236
  • Apr 26, 2016 1:15am Apr 26, 2016 1:15am
Quoting kannyjie
I see this message today. Is it a commercial Indicator? {image}

It looks like the author of this indi made some changes: u can download it for free from here:
http://www.fxtradingrevolution.com/supportresistance.html
I'm using Google Translator.
  • #237
  • Apr 26, 2016 1:30am Apr 26, 2016 1:30am
Quoting fjsmzy
{quote} ok, everyone ,today i post the new version7.4 of SS_SupportResistance indicator, the version allow you setup different time frame and it only warn you when the price touches your setup support or resistance POSSIBLE ,TURNCOAT ,UNTESTED ,VERIFIED , WEAK p/s: I will code an EA follow this indicator to trade on live account and i will share it to everyone, please let me know if anyone has a good idea. {image} {image} {file}
thx for this info, but could you convert it to mq4 please?
  • #238
  • Apr 26, 2016 3:12am Apr 26, 2016 3:12am
Quoting Gajowy
{quote} It looks like the author of this indi made some changes: u can download it for free from here: http://www.fxtradingrevolution.com/supportresistance.html
Personally, I don't want to build my trading system on commercial indi. If one day it fails how to do?
  • #239
  • Apr 26, 2016 3:21am Apr 26, 2016 3:21am
Quoting fjsmzy
{quote} ok, everyone ,today i post the new version7.4 of SS_SupportResistance indicator, the version allow you setup different time frame and it only warn you when the price touches your setup support or resistance POSSIBLE ,TURNCOAT ,UNTESTED ,VERIFIED , WEAK p/s: I will code an EA follow this indicator to trade on live account and i will share it to everyone, please let me know if anyone has a good idea. {image} {image} {file}
you could make an EA that buy when he meets a verified support or a strong support and sell when the price meets a resistance occurred or when strong resistance
  • #240
  • Apr 26, 2016 3:37am Apr 26, 2016 3:37am
​I agree with Kannyjie,i don't like the idea of basing a trading system on a commercial indicator,theres no backup :[
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