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28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #41
  • Jun 3, 2016 2:22am Jun 3, 2016 2:22am
Quoting pitch
Hi Bernhard, Thank you for your response. When I set it to normal speed, It indeed changed the look. 1. I am not able to find on the chart or the Expert Log the 'Acceleration and Speed of Currency'. 2. The SPEED chart appears to be out of sync with the CStrength28 indicator. Should I be using a different method of interpreting the 'SPEED' chart. 3. Is there a section that explains the market x line? I am having trouble on how to effectively use it to analyze a pair or the market. The indicator looks excellent but I know I have a learning curve to...
This is the expert log
Attached Image


You should read only the extreme picks of speed on outer fibs for now and compare it with CS of CStrength28 standard, learn to use the standard indicator first, study the strategy thread. With the time we will post more examples. x-line is also acceleration change of market, - not for beginners - only for those who know how to use MaMom with the standard indicator.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #42
  • Edited 4:08pm Jun 3, 2016 11:09am | Edited 4:08pm
Now what does mean SPEED / ACCELERATION ?
Here some examples first you will understand quickly.
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To use it for Forex we can call it too initializing momentum of a new trend. Any new trend or move must have a momentum trigger a reason why it happen, were and when.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #43
  • Jun 3, 2016 11:19am Jun 3, 2016 11:19am
To see the initial acceleration or initial speed we can check out with our speed indicator at the USD news today.
Setting is m1 sensibility: fast.
Then lets see what happened 2 hours later with different pairs.
Entry is after 2nd minute or 5th minute. So still time to make a "click".
Attached Image(s) (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #44
  • Jun 3, 2016 11:25am Jun 3, 2016 11:25am
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.jpg Size: 281 KB


A lot of pips to take.
More examples will be collected over time and posted...
Wish you all nice weekend.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #45
  • Jun 10, 2016 11:46am Jun 10, 2016 11:46am
Hi Bernhard,
I have had one week to experiment with trading using the CStrength28 system. Made a total of 8 trades for a 304 pip profit. My method has been to review H4, H1, M30, and sometimes M15 to select pairs. I still have much to learn but feel that I made good progress in my first week.

Do you have any plans to add alerts to the system? It would be great to show Program, Pair, Date, Time, Timeframe, NextOpen, Bid, Ask, AlertMethod.
Have a great weekend.
  • #46
  • Jun 10, 2016 12:28pm Jun 10, 2016 12:28pm
Quoting pitch
Hi Bernhard, I have had one week to experiment with trading using the CStrength28 system. Made a total of 8 trades for a 304 pip profit. My method has been to review H4, H1, M30, and sometimes M15 to select pairs. I still have much to learn but feel that I made good progress in my first week. Do you have any plans to add alerts to the system? It would be great to show Program, Pair, Date, Time, Timeframe, NextOpen, Bid, Ask, AlertMethod. Have a great weekend.
Hey pitch, congratulations, you did well.
Now do not experiment and change the system. Repeat what you have done over and over, day after day. Do not get greedy and do not go with bigger risk. Just do same as you did before. Trade like a robot.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #47
  • Jun 11, 2016 6:53pm Jun 11, 2016 6:53pm
Hi BernHard,
I was reviewing M1 charts at 06/10/2016 08:30 ET. The Orange spike is CAD.
Note that it appears in different positions relative to the white dashed line and the NavahoWhite dashed line (08:35).
I checked all my M1 files and the lowest number of records is 14,336 going back to 2016.04.03 22:20 ET.

I thought the currency bar should be in the same time position on all M1 charts! Please explain.

I have attached my settings.
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Click to Enlarge Name: CADJPY M1.JPG Size: 60 KB
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Click to Enlarge Name: NCDUSD M1.JPG Size: 62 KB
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Click to Enlarge Name: USDCAD M1.JPG Size: 60 KB

Thank you for your help. This system is great.
Pitch
  • #48
  • Edited 4:53am Jun 12, 2016 4:31am | Edited 4:53am
Quoting pitch
Hi BernHard, I was reviewing M1 charts at 06/10/2016 08:30 ET. The Orange spike is CAD. Note that it appears in different positions relative to the white dashed line and the NavahoWhite dashed line (08:35). I checked all my M1 files and the lowest number of records is 14,336 going back to 2016.04.03 22:20 ET. I thought the currency bar should be in the same time position on all M1 charts! Please explain. I have attached my settings. {image}{image}{image}{image} Thank you for your help. This system is great. Pitch
You do have a bad broker feed. Your CADJPY history is wrong then the time printing some bars behind. Your USDCAD feed is good, there it match. This happens when you look history to far back (here about 500 bars) and your broker feeds are not 100% good downloaded. Unfortunatelly with mt4 there is no way to doublecheck as far i know. You could delete CADJPY1.hst in the folder history/your broker/ (while terminal is closed) and then reload m1 and see if its good then.
My advice: it is hard to get 28 chart history so far 500 bars back syncronized espezially m1, stay within 100 or 200 bars.
Alternative you could test the mt4 download feature with F2 or use something like tickstory.com but I don't use tickstory and be carefull with the free version it could be not compatible with the new mt4 version build 970
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #49
  • Jun 16, 2016 5:32am Jun 16, 2016 5:32am
707 pip in a day based on CStrength28 signals

Attached Image (click to enlarge)
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(entries were automated, managed is manual)
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #50
  • Jun 16, 2016 5:44am Jun 16, 2016 5:44am
Quoting Bernhard
{quote} You do have a bad broker feed. Your CADJPY history is wrong then the time printing some bars behind. Your USDCAD feed is good, there it match. This happens when you look history to far back (here about 500 bars) and your broker feeds are not 100% good downloaded.
Hi @Bernhard, maybe can help in some cases the loading of all 28 pairs in time frames.
Attached File(s)
File Type: mq4 smGenerate_TF_Charts EA.mq4   6 KB | 843 downloads
  • #51
  • Edited 6:22am Jun 16, 2016 6:09am | Edited 6:22am
Quoting SwingMan
{quote} Hi @Bernhard, maybe can help in some cases the loading of all 28 pairs in time frames. {file}
Oh that needs to be used carefully on a new profile, it just killed all my setups.
edit: well not so much of problem, my EA was on GOLD.
The timesleep is too short for slow internet connections, but thanks for the idea we can work on it.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #52
  • Jun 17, 2016 4:33pm Jun 17, 2016 4:33pm
GBPJPY with H4 TF 131 pip
inside GAPs
both CS reverse on outher Market Fibs
Now how to include price action into CS trading:
Here one exsample with limit order.
Reading PA 1 or 2 TFs lower then execut with limit order on Support (H1 demand zone) and TP at Resistance,
this will give small SL and bigger TP so very good risk/reward ratio.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ H4 iGAP.jpg Size: 131 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #53
  • Jun 21, 2016 5:53am Jun 21, 2016 5:53am
Early bird
open trade at 57 pip
AUDJPY m30
entry after Tokyo Open with strong speed and continuation of previous direction.
Always trade Speed in confirmation of CS direction CStrength28.
I show here also some PA hints. R have been broken twize, we have HH and HL. This enables a TL (trend line).
SL has been trailed under last m15 LOW. Always use technical stops never just pips or ATR.
Entry was automated. Management is now manual.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ 30.jpg Size: 213 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #54
  • Jun 21, 2016 10:05am Jun 21, 2016 10:05am
Hi Bernhard,
The system is doing a nice job in helping me collect pips. I have tried to blank out the currencies that I am not using and am finding difficulty.
Is it possible that if the color is set to none, that it will not try to paint it. This way you wont get broken lines on the screen.
Also, since I have not found how to use the Market, I would like to blank it out. For me it is easier to see the lines I need to pay attention too.

Also. If I don't use a black chart, I can not read the fib levels. on the right side. The secondary background color completely masks the numbers.

Thank you for building this great system. I hope you do not mind me making suggestions.
Pitch
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Click to Enlarge Name: NZDUSD.JPG Size: 102 KB
  • #55
  • Jun 21, 2016 1:09pm Jun 21, 2016 1:09pm
Quoting pitch
Hi Bernhard, The system is doing a nice job in helping me collect pips. I have tried to blank out the currencies that I am not using and am finding difficulty. Is it possible that if the color is set to none, that it will not try to paint it. This way you wont get broken lines on the screen. Also, since I have not found how to use the Market, I would like to blank it out... Thank you for building this great system. ...
Hey pitch nice to see you make more success
No problem for your suggestions but those have already been asked. I would not advice to disable all the colors as it give you background information. If the other 6 CS are aligned it confirms as a sort of correlation and market momentum too. Do not turn the color off with MaMom, with the time you will learn the secrets.
About the MFib levels description the color should be set by chart property/forground F8.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #56
  • Jun 22, 2016 12:18pm Jun 22, 2016 12:18pm
Quoting Bernhard
707 pip in a day based on CStrength28 signals {image} (entries were automated, managed is manual)
Hi Bernhard, I appreciate your showing the pip results.
I would like to know the exact logic you use (step by step) to start these trades.
I would also like to know the Date timestamp of the transactions so that I can review the details on my charts.
Thank you. My last week results were 404 pips.
Pitch
  • #57
  • Jun 22, 2016 5:48pm Jun 22, 2016 5:48pm
Hi Bernhard,
Just wanted to add 2 trades I made this evening. All times are Eastern Daylight time.
I continue to learn from the system. I would like to better understand how to use the Fibonacci levels to my advantage.
Thanks, Pitch
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD M5 Eastern Time.jpg Size: 471 KB
Click to Enlarge Name: USDJPY M5 Eastern Time.jpg Size: 483 KB
  • #58
  • Jun 23, 2016 5:50am Jun 23, 2016 5:50am
Quoting pitch
Hi Bernhard, Just wanted to add 2 trades I made this evening. All times are Eastern Daylight time. I continue to learn from the system. I would like to better understand how to use the Fibonacci levels to my advantage. Thanks, Pitch {image} {image}
Please call it by the right name those are not the common Fibonacci levels (readers may missunderstand), I call it MARKET Fibonacci, please keep it clear as a difference (MFibs).
Info is here in post 7. Read also post 8 of the trading system thread.
The common Fibonacci levels are based on a single pair.
MARKET Fibonacci levels are based on all 8 currencies! I do hold the origins and copyright on this as well to market momentum.

A reaction (hook) on the outer Market Fibonacci Retracement Zones which are the 161 and 261 MFibs can be used as a take profit or a careful pullback/reversal trade. Note that higher time frames do not go that high as smaller TFs, check history and see were are the levels for the TF.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #59
  • Jun 24, 2016 1:01am Jun 24, 2016 1:01am
Quoting Bernhard
{quote} Please call it by the right name those are not the common Fibonacci levels (readers may missunderstand), I call it MARKET Fibonacci, please keep it clear as a difference (MFibs). Info is here in post 7. Read also post 8 of the trading system thread. The common Fibonacci levels are based on a single pair. MARKET Fibonacci levels are based on all 8 currencies! I do hold the origins and copyright on...
You do not hold copyright not even over shit.
So do not claim it.
info@metacharttools,com
  • #60
  • Jun 24, 2016 10:20am Jun 24, 2016 10:20am
Ignore it Bernhard, you are doing an awsome job and we are all following closely and learning, thank you for sharing and teaching YOUR system
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