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Dynamic Fibonacci Grid

  • #621
  • Apr 30, 2016 8:12am Apr 30, 2016 8:12am
Quoting Danielant
{quote} i use 40 fibonacchi i created recalculating PHI setup on higher timeframes in order to setup trades. MY ONLY ISSUE IS SPREAD but doing binary is great this is how looks the month chart {image} this is how looks the M1 {image}
hahahah that what i was saying, people increase lines on charts so the normal probability of touching any one line from many increases. same people do with moving average and other types of lines ,,,,, they draw 10 lines and if market turn by touching any one line they think that market respected that line or ma (system works). in trading we all try to know what everyone else is thinking about market on current situations by many ways.... lines and ma gets respected just because of time and sales.
In the court of lord, only love and devotion is counted...
  • #622
  • Edited 8:58am Apr 30, 2016 8:23am | Edited 8:58am
Quoting nadiyakinare
{quote} i do use fibo but only in few certain situations. had checked back history of Fibonacci teaching, even he had clearified that the calculations will be approx to his numbers, not exact. according to him only 0.618, 1.618, 2.618 or 4.618 used. so we can use 0, 38 (38 is opposite of 61 from 100 in ratio), 61 and 100 levels of his tool. so how does other numbers came into play ?
ok I put a funny indy based on Pesavento numbers.

If you read my indy, I have posted on http://beathespread.com

// Third: Larry Pesavento's numbers
// 0.25 - 0.382 - 0.5 - 0.618 - 0.707 - 0.786 - 0.841 - 1.0 - 1.128 - 1.272 - 1.414 - 1.618 - 2.0 - 2.618

You know, I just found this thread, and this one is a wonderfull one. I tried symmetry, but this does not work, even if grid length can be expanding

BTW, I do not understand which post I need to read deeply and which product to install for testing

TIA and greetings

PS: I just updated the indy for working when markets are close, also, you can noticed byt putting this indy on USDJPY H1, the signals sent by the indy, b4 the fall
Attached File(s)
File Type: mq4 Fibo_Stochastic_Pesavento_jytv6.mq4   28 KB | 756 downloads
  • #623
  • Apr 30, 2016 8:32am Apr 30, 2016 8:32am
Quoting jaguar1637
{quote} ok I put a funny indy based on Pesavento numbers. If you read my indy, I have posted on http://beathespread.com // Third: Larry Pesavento's numbers // 0.25 - 0.382 - 0.5 - 0.618 - 0.707 - 0.786 - 0.841 - 1.0 - 1.128 - 1.272 - 1.414 - 1.618 - 2.0 - 2.618 You know, I just found this thread, and this one is a wonderfull one. I tried symmetry, but this does not work, even if grid length can be expanding BTW, I do not understand which post I need to read deeply and which product to install for testing TIA and greetings {file}
ok let me check, i will be back to you after 1 week, here or will definately pm you
In the court of lord, only love and devotion is counted...
  • #624
  • Apr 30, 2016 9:52am Apr 30, 2016 9:52am
Quoting ikdenk
Is anyone using the 'one candle' version of the grid as posted by alphaomega on page 21 of the Higher Edge within a Single Candlestick thread, as attached? {image}
I tried to use once, but got not operating, I was just watching the price this grid .. still not quite understand "it."
Best Regards! DaniP.
  • #625
  • Apr 30, 2016 4:25pm Apr 30, 2016 4:25pm
Quoting ikdenk
Is anyone using the 'one candle' version of the grid as posted by alphaomega on page 21 of the Higher Edge within a Single Candlestick thread, as attached? {image}
I use it.
If anyone is interested, I can upload the whole setup with all indicators as you see it in the screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: 112233.png Size: 59 KB
  • #626
  • Apr 30, 2016 6:38pm Apr 30, 2016 6:38pm
Quoting alphaomega
{quote} I use it. If anyone is interested, I can upload the whole setup with all indicators as you see it in the screenshot. {image}
I would like to have it. It looks nice! Thankyou
  • #627
  • Apr 30, 2016 7:22pm Apr 30, 2016 7:22pm
Quoting alphaomega
{quote} I use it. If anyone is interested, I can upload the whole setup with all indicators as you see it in the screenshot. {image}
This looks really nice I would also like the setup. Thanks
  • #628
  • Apr 30, 2016 8:12pm Apr 30, 2016 8:12pm
Quoting alphaomega
{quote} I use it. If anyone is interested, I can upload the whole setup with all indicators as you see it in the screenshot. {image}

yes please, I would be grateful
  • #629
  • Apr 30, 2016 11:00pm Apr 30, 2016 11:00pm
Quoting alphaomega
{quote} I use it. If anyone is interested, I can upload the whole setup with all indicators as you see it in the screenshot. {image}

YES, PLEASE

It looks fantastic!
  • #630
  • May 1, 2016 8:18am May 1, 2016 8:18am
Here it is guys! You just put the content of the folders in the same folders in your MT4 and you are ready.

Attached File(s)
File Type: rar SV GRID setup 1.rar   132 KB | 1,173 downloads
  • #631
  • May 1, 2016 9:03am May 1, 2016 9:03am
thank you aphaomega. I got it working, but don't know how to use it. I understand the MTF RSI, the lanes with the shadings from post 1 etc, but how to trade? What is the function of the indicator -.ex4?
  • #632
  • May 1, 2016 7:58pm May 1, 2016 7:58pm
AO;

Hi!

I may have misunderstood, but the square image below shows the price of the streng? when they lined up in the strongest color shows that the price this tending?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB
Best Regards! DaniP.
  • #633
  • May 2, 2016 4:16am May 2, 2016 4:16am
Quoting DaniP
AO; Hi! I may have misunderstood, but the square image below shows the price of the streng? when they lined up in the strongest color shows that the price this tending? {image}
Hi,

Yes, this indicator shows the direction and the strength for each timeframe. It's based on RSI.
From left to right with the default settings you have 1m, 5m, 15m, 60m, 240m and Daily RSI 14. For each time frame you have 6 signals and they show weak, average or strong trend.

from top to bottom:

signal1 - RSI >70
signal2 - RSI >60
signal3 - RSI >50

signal4 - RSI <50
signal5 - RSI <40
signal6 - RSI <30

If all time frames are above 70 or below 30 this shows that the trend is very strong, but also potentialy overbought or oversold and you can expect correction. I usualy look for countertrend trades during this situations.
The rest of the time I mostly look for opposing directions between the timeframes.
for example: bullish trend in 240 and daily but bearish trend in 1m , 5m. In this situation I like to trade long postitions. Looking to buy hourly lows, or daily lows.
  • #634
  • May 2, 2016 4:53am May 2, 2016 4:53am
alphaomega,

what does SV, in Grid SV, stand for, please?

I tried to increase the width of the yellow deviation bar, but was unable to do so from the inputs of the Grid SV indicator. Has the width been hard-coded so that it can't be changed?

I am a Bollinger Band trader and would like to increase the thickness of the 2 Standard Deviation lines.
I already made them solid and am still experimenting with a good colour ( I use the same colour for both).

Thanks very much for sharing this new set-up. (I suppose it doesn't now have much to do with Dynamic Fibonacci any more).
  • #635
  • May 2, 2016 11:25am May 2, 2016 11:25am
Quoting alphaomega
{quote} Hi, Yes, this indicator shows the direction and the strength for each timeframe. It's based on RSI. From left to right with the default settings you have 1m, 5m, 15m, 60m, 240m and Daily RSI 14. For each time frame you have 6 signals and they show weak, average or strong trend. from top to bottom: signal1 - RSI >70 signal2 - RSI >60 signal3 - RSI >50 signal4 - RSI <50 signal5 - RSI <40 signal6 - RSI <30 If all time frames are above 70 or below 30 this shows that the trend is very strong, but also potentialy overbought or oversold and you...
Fantastic AO;
That's what I was thinking .. has been profitable with this grid more than the grid fibo?
As I see it works fine for the price action, just watch and be very cautious at the entrances!
Best Regards! DaniP.
  • #636
  • May 2, 2016 11:29am May 2, 2016 11:29am
Quoting ikdenk
alphaomega, what does SV, in Grid SV, stand for, please? I tried to increase the width of the yellow deviation bar, but was unable to do so from the inputs of the Grid SV indicator. Has the width been hard-coded so that it can't be changed? I am a Bollinger Band trader and would like to increase the thickness of the 2 Standard Deviation lines. I already made them solid and am still experimenting with a good colour ( I use the same colour for both). Thanks very much for sharing this new set-up. (I suppose it doesn't now have much to do with Dynamic...
Hi,
Sorry to intrude, but I think this would be an improved version scalper on the fibo grid, at least I can enchergar "some" inputs and how the price behaves in its phases of the market.
my opinion, I would say it would be a level 2 grid.

Good Pips for all.
Best Regards! DaniP.
  • #637
  • May 2, 2016 2:36pm May 2, 2016 2:36pm
Dear DaniP,

I posed a couple of questions to you on another thread regarding the installation of the Tiger Clone that you recommended on the Dynamic Fibonacci Grid thread. I installed all of the components as you directed however it only displays the price levels of the EUR/USD regardless of the currency pair I have loaded up and the Trade Manager does not function.

Can you help? If not can you recommend someone that I can message for help.

Sincerely
  • #638
  • Edited 7:13pm May 2, 2016 3:54pm | Edited 7:13pm
My set-up for looking for opportunities with the new 'system'.

The big black number is the distance between Bollinger Bands (Top or Bottom band to MA).
Attached Image (click to enlarge)
Click to Enlarge Name: ao set up.jpg Size: 264 KB
  • #639
  • May 2, 2016 7:18pm May 2, 2016 7:18pm
Hi everyone!

We had a good chance of trade yesterday by night UJ, where the pair showed a sharp drop of pressure, and we did a quick scalp 8 pip.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 25 KB
Best Regards! DaniP.
  • #640
  • May 2, 2016 8:00pm May 2, 2016 8:00pm
Quoting lstone
Dear DaniP, I posed a couple of questions to you on another thread regarding the installation of the Tiger Clone that you recommended on the Dynamic Fibonacci Grid thread. I installed all of the components as you directed however it only displays the price levels of the EUR/USD regardless of the currency pair I have loaded up and the Trade Manager does not function. Can you help? If not can you recommend someone that I can message for help. Sincerely
Hello my friend, could be clearer? what not this working?
Of course I can help you!
Hugs.
Best Regards! DaniP.
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