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Attachments: Trading made possible with EsikeA+++
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Trading made possible with EsikeA+++

System update:


Post 1 updated with indicators/templates files and please read post 1 all over gain. New PDF also re-posted.




Happy trading,
Yomi.
Be Dumb and Follow Price
Quoting fxrabbi
System update: Post 1 updated with indicators/templates files and please read post 1 all over gain. New PDF also re-posted. Happy trading, Yomi.
Thanks Yomi for the system update. May I know what are the 2 MAs in the chart? I'm going to install them manually because when I installed the new system to my chart, the 2 MAs are missing.
Quoting fxenthusiast
{quote} Thanks Yomi for the system update. May I know what are the 2 MAs in the chart? I'm going to install them manually because when I installed the new system to my chart, the 2 MAs are missing.
I have replaced the 2 MA's with Daily Open Line, please read my update on post 1.

NB: Don't load it manually, try to load my template.




Happy trading,
Yomi.
Be Dumb and Follow Price
Quoting fxrabbi
{quote} I have replaced the 2 MA's with Daily Open Line, please read my update on post 1. NB: Don't load it manually, try to load my template. Happy trading, Yomi.
Thanks again, Yomi
Quoting fxrabbi
{quote} I have replaced the 2 MA's with Daily Open Line, please read my update on post 1. NB: Don't load it manually, try to load my template. Happy trading, Yomi.

Hello Yomi - can't see daily open line (white dotted line) on main chart, pls double-check / fix & post updated template to #post 1
Thank you.
Quoting jimitele
{quote} Hello Yomi - can't see daily open line (white dotted line) on main chart, pls double-check / fix & post updated template to #post 1 Thank you.
Please download the file again, may be you have the old file on your system.
Be Dumb and Follow Price
Quoting fxrabbi
{quote} I have replaced the 2 MA's with Daily Open Line, please read my update on post 1. NB: Don't load it manually, try to load my template. Happy trading, Yomi.

Hello Yomi,
Pls post sample image with Daily Open Line.
Your level 1 entry setup image on #Post 1 is not showing what the Daily Open Line (white dotted line) should look like.
Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Level 1 entry..png Size: 69 KB
Hello Yomi
Q1. How do we read the ABR status?
Q2. How do we apply the Average Daily Range?
Thank you.
Quoting jimitele
Hello Yomi Q1. How do we read the ABR status? Q2. How do we apply the Average Daily Range? Thank you.

1. ABR status take care of our trading rules No. 2, which says that "Do not enter trades when the size of the last candle is more than double the ATR of that pairs for that day". So if the ABR (ATR) is 17pips, that means if the "last" is over 34pips (which is double the ABR (ATR) of 17pips) in this type of situation your pass over this trade and wait for another set-up.



2. If you see that ADR has reached potential value it can give you attention to say out of that pairs as this pair may stop move further that day. If for example, Average Daily Range for GBPUSD is 132pips which is for average of 5days and for Today (ATR) is 75pips, this means that we still have enough room for our trade. But in a way where Today (ATR) is 145pips, which has reached the the Average Daily Range for GBPUUSD and even passed it, this mean no trade for me on GBPUSD today. If the ATR has been reached, there is a bigger chance the price might reverse on you, so why take the risk and enter a trade.

Finally, it's set like that to keep you out of trouble, more often than not price won't exceed the ADR. It's all about taking the high probability setups.



Happy trading,
Yomi.
Be Dumb and Follow Price
Quoting fxrabbi
{quote} 1. ABR status take care of our trading rules No. 2, which says that "Do not enter trades when the size of the last candle is more than double the ATR of that pairs for that day". So if the ABR (ATR) is 17pips, that means if the "last" is over 34pips (which is double the ABR (ATR) of 17pips) in this type of situation your pass over this trade and wait for another set-up. 2. If you see that ADR has reached potential value it can give you attention to say out of that pairs as this pair may stop move further that day. If for example, Average...

Very helpful explanation
Many thanks Yomi.
Quoting fxrabbi
{quote} 1. ABR status take care of our trading rules No. 2, which says that "Do not enter trades when the size of the last candle is more than double the ATR of that pairs for that day". So if the ABR (ATR) is 17pips, that means if the "last" is over 34pips (which is double the ABR (ATR) of 17pips) in this type of situation your pass over this trade and wait for another set-up. 2. If you see that ADR has reached potential value it can give you attention to say out of that pairs as this pair may stop move further that day. If for example, Average...

Thank you so much YOMI.........!!!

I have n't had such a good knowledge about - ATR / ABR and how to use it....
this is so clear..... very helpful!!!
cheer...
wish u more PIPS...............
Quoting imdisaait
{quote} Thank you so much YOMI.........!!! I have n't had such a good knowledge about - ATR / ABR and how to use it.... this is so clear..... very helpful!!! cheer... wish u more PIPS...............
Be Dumb and Follow Price
Quoting jimitele
{quote} Very helpful explanation Many thanks Yomi.
Be Dumb and Follow Price
SYSYEM UPDATED:


Post 1 updated and with a new PDF.





Happy weekend,
Yomi.
Be Dumb and Follow Price
  • Post #855
  • Quote
  • Edited May 2, 2016 11:07am May 1, 2016 5:55pm | Edited May 2, 2016 11:07am
EsikeA+++ Set-ups:


Checklist:

1. 5ema - (the trigger) – maximum of 2 candles after the trigger and must correspond/line- up with level 1 entry.

2. DMI - both ADx & ADXr must be inside the DMI's.

3. TrendMirror - level 1 entry.

4. + Others:

a.) price vs the Daily Open/DPP.
b.) Strength meter.
c.) 10ema dashboard.
d.) Ichimoku status.
e.) ABR/ATR status.







Happy trading,
Yomi.
Attached Images
Be Dumb and Follow Price
Quoting fxrabbi
{quote} 1. ABR status take care of our trading rules No. 2, which says that "Do not enter trades when the size of the last candle is more than double the ATR of that pairs for that day". So if the ABR (ATR) is 17pips, that means if the "last" is over 34pips (which is double the ABR (ATR) of 17pips) in this type of situation your pass over this trade and wait for another set-up. 2. If you see that ADR has reached potential value it can give you attention to say out of that pairs as this pair may stop move further that day. If for example, Average...
Dear Yomi,
Thanks a lot.
Quote
AllHappy
Quoting allhappy
{quote} Dear Yomi, Thanks a lot. {quote} AllHappy
Be Dumb and Follow Price
Quoting jimitele
{quote} Hello Yomi, Pls post sample image with Daily Open Line. Your level 1 entry setup image on #Post 1 is not showing what the Daily Open Line (white dotted line) should look like. Thank you. {image}
Hello.
Fxrabbi...
What are these red, green and yellow buttons on the right side of your chart ?
can you tell me the name so I can find them ?
Quoting NewToForex14
{quote} Hello. Fxrabbi... What are these red, green and yellow buttons on the right side of your chart ? can you tell me the name so I can find them ?
EsikeA+++ EA:

1. Serve as a script for placing trade @ market order & pending [email protected]/.100 level.

2. Serve as trade manager - taking care of my trades, this includes MM/SL/TP etc etc.


NB: You can find this in the expert folder.




Happy trading,
Yomi.
Be Dumb and Follow Price
GBPUSD (M30) +20.3pips




The trades I can only manage to do today, exit manually on both.





Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 57 KB
Be Dumb and Follow Price
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