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Al System

  • #241
  • Sep 15, 2016 5:55pm Sep 15, 2016 5:55pm
Do you see the opportunities.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 50 KB
Click to Enlarge Name: GBPJPYM.png Size: 58 KB
My help is in the name of the Lord who made heaven and earth.
  • #242
  • Sep 15, 2016 7:37pm Sep 15, 2016 7:37pm
As for me one of the advantages of this system is that you can have small stop losses with big profits.
Since you can get almost and may be more than 90% of winning trades, so everything will be great.
WINNERS NEVER QUIT AND QUITTERS NEVER WIN
  • #243
  • Sep 15, 2016 7:44pm Sep 15, 2016 7:44pm
Al , Great job you are doing here. Is it possible for you to attach the donchian channel indi? I don't think it's donchian. As It does not produce the same result.

Thanks.
  • #244
  • Sep 15, 2016 8:08pm Sep 15, 2016 8:08pm
Hi Al,

1. Your system is to find the dissimilarity between ZZ & STO & place the trade assuming ZZ & STO will have similarity
2. But, Refer your post # 236, 238 & 241 images, i guess you have marked the similarity places

Please correct me, if i am wrong.
A person who never made a mistake, never tried anything new.
  • #245
  • Sep 15, 2016 9:04pm Sep 15, 2016 9:04pm
Quoting Albertdkpllh
Lets look at these charts. Stoch is 30, ZZ 30, kind of a Donchian channel 30, HA candles. All the charts show turning points. {image} {image} {image} {image} {image} {image} {image} {image}

This looks good Albert!!! Can you attach your Indies and templates please?

Let's test it!
  • #246
  • Sep 15, 2016 10:58pm Sep 15, 2016 10:58pm
Quoting Albertdkpllh
{quote} Second picture........Turning points.
Thanks you chief for all your contributions and showing the light to many a traders.
  • #247
  • Sep 16, 2016 1:38am Sep 16, 2016 1:38am
Quoting wolero7
Al , Great job you are doing here. Is it possible for you to attach the donchian channel indi? I don't think it's donchian. As It does not produce the same result. Thanks.
Here you go.
Attached File(s)
File Type: ex4 ! MTH b700+ OS Gaussian SR mod 1.0.ex4   32 KB | 660 downloads
File Type: tpl ##Zig zag 1.tpl   4 KB | 667 downloads
File Type: ex4 THV3 HA.ex4   3 KB | 684 downloads
My help is in the name of the Lord who made heaven and earth.
  • #248
  • Sep 16, 2016 1:41am Sep 16, 2016 1:41am
Quoting YSmani
Hi Al, 1. Your system is to find the dissimilarity between ZZ & STO & place the trade assuming ZZ & STO will have similarity 2. But, Refer your post # 236, 238 & 241 images, i guess you have marked the similarity places Please correct me, if i am wrong.
Please this is another angle and has nothing to do with the Stoch.
My help is in the name of the Lord who made heaven and earth.
  • #249
  • Sep 16, 2016 1:57am Sep 16, 2016 1:57am
Good day.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 54 KB
My help is in the name of the Lord who made heaven and earth.
  • #250
  • Sep 16, 2016 2:30am Sep 16, 2016 2:30am
Quoting Albertdkpllh
{quote} Here you go. {file} {file} {file}
Thanks.
  • #251
  • Sep 16, 2016 3:13am Sep 16, 2016 3:13am
Really interesting methodology.... in 2014 was trying to understand what EURUSDD was talking about but it was just to early with this kind of knowledge for me.... you Al and hepsibah enlighten me with this concept.... thank you very much
  • #252
  • Sep 16, 2016 6:46am Sep 16, 2016 6:46am
Quoting Albertdkpllh
Good day. {image}
can we use it on higher time frame? a very promising one.
what profit target shld we look at Albert?

thanks for sharing this promising strategy
  • #253
  • Sep 16, 2016 7:12am Sep 16, 2016 7:12am
Quoting Albertdkpllh
Good day. {image}
Albert, many thanks for sharing. Seems you have entered late there? isnt it supposed to enter on the first red HA?
  • #254
  • Sep 16, 2016 8:33am Sep 16, 2016 8:33am
Quoting mario777
{quote} Albert, many thanks for sharing. Seems you have entered late there? isnt it supposed to enter on the first red HA?
You are right. It should have been the first red HA.

Thanks
My help is in the name of the Lord who made heaven and earth.
  • #255
  • Sep 16, 2016 8:51am Sep 16, 2016 8:51am
Just looking at possible trades for the day. No time for trading today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 49 KB
Click to Enlarge Name: GBPJPYM5.png Size: 54 KB
Click to Enlarge Name: USDJPYM5.png Size: 64 KB
My help is in the name of the Lord who made heaven and earth.
  • #256
  • Sep 16, 2016 12:30pm Sep 16, 2016 12:30pm
Quoting Albertdkpllh
Do you see the opportunities. {image} {image}
Albert Sir,

Could you please share some light on the basis of how the isolated dots are being generated? I mean, is it due to the mismatch between the stoch and zig zag or due to the combination of zig zag and the channel or something else?

Thanks
  • #257
  • Sep 17, 2016 10:09am Sep 17, 2016 10:09am
I see it's become even more complicated now....with more additional indicators lol.

I was derided by several because I was reducing everything to something workable and easy to trade, yet now all I see is confusion and indecision, and the really funny part is that further simplicity and clarification was about to be explained before the "cops" arrived on the scene

Maybe I'll create a journal one day when I have time to show the various methods I use that gathers the important information but in an easy to use package.

I'll get out the way now cos I can hear the sirens and see the blue lights flashing already
  • #258
  • Sep 17, 2016 1:06pm Sep 17, 2016 1:06pm
Quoting hepsibah
{quote} I agree, entries are easy, it's the exits that are the challenge. I only enter when the close of the bar is far enough away to give me a profit when the next ZZ termination will appear. Usually I will take profit as soon as the new ZZ appears but I will hold for longer if I have a previously marked level. If the trade fails i.e. there is a mismatch or new ZZ leg in the opposite direction, I am quite relaxed as the probability is so high that this price will be returned to, it gives me a new level for tp in the future. If I'm on 1m tf, I'll...
Hello Hepsibah,

Thanks for your valuable contribution to the thread and for your inputs.

If time permits, could you explain with a chart on how you take the profit.

Much appreciated.
  • #259
  • Sep 17, 2016 1:11pm Sep 17, 2016 1:11pm
Quoting Albertdkpllh
Good day. {image}
To our commander in chief Albert...
Attached Image
  • #260
  • Sep 17, 2016 1:33pm Sep 17, 2016 1:33pm
Quoting Landline
I see it's become even more complicated now....with more additional indicators lol. I was derided by several because I was reducing everything to something workable and easy to trade, yet now all I see is confusion and indecision, and the really funny part is that further simplicity and clarification was about to be explained before the "cops" arrived on the scene Maybe I'll create a journal one day when I have time to show the various methods I use that gathers the important information but in an easy to use package. I'll get out the way...
I want you here. Please stay. But you know you've got to behave. Lol. We can learn a thing or two. With lots of love.
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