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  • #801
  • Jun 16, 2016 1:02pm Jun 16, 2016 1:02pm
Quoting raiders
EG gave the signal on the 15M did not take because i want to see how it works with a cross. But so far so good. Also am watching it on the 1H because its giving the same signals. I might take it on the 1H if it develops nicely but lets see how it progresses first {image} {image}
EG turned out to be a good one too.

15M signal was good for about 40 points....marked with the red lines

1Hr signal kicked off right around the time 15M was finishing.....marked with the blue line

did not take either one but if I took the 15 it would be 100% success rate so far

im very curious to see how the 1H goes although im not very excited on it because of the large SL that is needed
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  • #802
  • Jun 16, 2016 1:46pm Jun 16, 2016 1:46pm
GJ 15M

If you though I was excited before get ready for this

2 signals
1st signal regular bearish divergence....about 100 points
2nd signal hidden bearish divergence....about 140 points

overall the initial RR seems to be about 1:1 which in essence isnt amazing. But the key is that it doesn't appear to be any draw down and so far I have yet to encounter a scenario where there is a loss. All of them seem to be no doubt moves that at most will retrace to the initial entry point to confirm rejection. Im sure if one wanted to they could perhaps keep a tighter SL based off of ATR or something but in its simplistic nature this scalp seems to rock
Attached Image (click to enlarge)
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  • #803
  • Jun 16, 2016 7:45pm Jun 16, 2016 7:45pm
just went short 149.5 , wish me luck
  • #804
  • Jun 16, 2016 7:46pm Jun 16, 2016 7:46pm
Quoting raiders
GJ 15M If you though I was excited before get ready for this 2 signals 1st signal regular bearish divergence....about 100 points 2nd signal hidden bearish divergence....about 140 points overall the initial RR seems to be about 1:1 which in essence isnt amazing. But the key is that it doesn't appear to be any draw down and so far I have yet to encounter a scenario where there is a loss. All of them seem to be no doubt moves that at most will retrace to the initial entry point to confirm rejection. Im sure if one wanted to they could perhaps keep...
if you find something that really works all the time ill code it up for you as an indicator for testing
  • #805
  • Jun 16, 2016 7:51pm Jun 16, 2016 7:51pm
Quoting Pip-Miner
{quote} if you find something that really works all the time ill code it up for you as an indicator for testing
Another quick 100 banger.

This shit is 100% so far. Only reason I missed this one is because I took a nap. But i had been planning on playing this long
  • #806
  • Jun 16, 2016 7:53pm Jun 16, 2016 7:53pm
Quoting Pip-Miner
{quote} if you find something that really works all the time ill code it up for you as an indicator for testing
I have no idea about coding. Im not computer literate at all.

But if you can make one of those EA things to test that would be awesome.
  • #807
  • Jun 16, 2016 8:32pm Jun 16, 2016 8:32pm
Quoting raiders
{quote} I have no idea about coding. Im not computer literate at all. But if you can make one of those EA things to test that would be awesome.
Would be cool too. So far, I have not seen a good RSI Divergence indicator out there so I never use it. If you guys do make one match the tops and bottoms with zigzag 12 for good symmetry. Also, put a price filter there. If price is moving past 100% FE don't bet on the divergence. If it's doing that you might be seeing a wave 3 that may continue all the way to 162% FE. You have a higher probability of price reversing if it stops at 62% and 100%. Anything more your hit rate goes down.

* Make it modifiable if the trader wants more signal can change the zigzag setting below 12.
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  • #808
  • Jun 16, 2016 8:35pm Jun 16, 2016 8:35pm
Quoting maflip
{quote} Would be cool too. So far, I have not seen a good RSI Divergence indicator out there so I never use it. If you guys do make one match the tops and bottoms with zigzag 12 for good symmetry. Also, put a price filter there. If price is moving past 100% FE don't bet on the divergence. If it's doing that you might be seeing a wave 3 that may continue all the way to 162% FE. You have a higher probability of price reversing if it stops at 62% and 100%. Anything more your hit rate goes down. {image}
What are the little blue, red and black dots are your chart?
  • #809
  • Jun 16, 2016 8:41pm Jun 16, 2016 8:41pm
Quoting raiders
{quote} What are the little blue, red and black dots are your chart?
It's when price close above below the alligator green line. It's only an alert when price may now break the fractal in case I'm away of my screen.
  • #810
  • Jun 16, 2016 8:55pm Jun 16, 2016 8:55pm
Quoting maflip
{quote} It's when price close above below the alligator green line. It's only an alert when price may now break the fractal in case I'm away of my screen.
gotcha. and it makes a noise or something to alert you or just illustrates it on the chart?
  • #811
  • Edited 9:18pm Jun 16, 2016 8:57pm | Edited 9:18pm
Quoting raiders
{quote} gotcha. and it makes a noise or something to alert you or just illustrates it on the chart?
It makes a noise and a popup. Is only profitable for the trained eye.

* Or scalp it. Switch to H1 if you get a red wait to retrace at M1 then look for short at M1 to scalp. Make sure there is volatility.

* See H1 chart. And look for M1 scalping opportunity there when the dots appear. But you are not a scalper. Results may vary.
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  • #812
  • Jun 16, 2016 9:02pm Jun 16, 2016 9:02pm
Pip-Miner

Another idea for the EA is to take a certain amount off the table, lets say 75-80%, when price crosses the 30 or 70 level on the RSI and let the rest run with a trailing stop that runs 1 tick over the back side of the DC
  • #813
  • Jun 16, 2016 9:02pm Jun 16, 2016 9:02pm
Quoting maflip
{quote} It makes a noise and a popup. Is only profitable for the trained eye.
Thats exactly what the RSI divergence thing needs
  • #814
  • Jun 16, 2016 9:16pm Jun 16, 2016 9:16pm
Quoting raiders
{quote} Thats exactly what the RSI divergence thing needs
Ah ok cool. Let me know the result of your divergence testing.
  • #815
  • Jun 16, 2016 9:22pm Jun 16, 2016 9:22pm
Quoting raiders
{quote} Thats exactly what the RSI divergence thing needs
Bro, if you want the alert indicator I shared it here on this thread. Click on the files button.
  • #816
  • Jun 16, 2016 9:26pm Jun 16, 2016 9:26pm
Quoting maflip
{quote} Bro, if you want the alert indicator I shared it here on this thread. Click on the files button.
you have it set for RSI divergence?
  • #817
  • Jun 16, 2016 9:26pm Jun 16, 2016 9:26pm
GU possibly gearing up for tonight
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  • #818
  • Jun 16, 2016 9:29pm Jun 16, 2016 9:29pm
Quoting raiders
{quote} you have it set for RSI divergence?
No I don't use any oscilator indicator.
  • #819
  • Jun 16, 2016 10:41pm Jun 16, 2016 10:41pm
Hmmm my spread on GJ is higher than normal. Before I get 1.8 to 2 pips spread now I'm getting 3.8 to 4 pips spread.
  • #820
  • Jun 16, 2016 10:56pm Jun 16, 2016 10:56pm
Quoting maflip
Hmmm my spread on GJ is higher than normal. Before I get 1.8 to 2 pips spread now I'm getting 3.8 to 4 pips spread.
im also a bit high. currently sitting at 2.9
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