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28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #841
  • Nov 8, 2016 7:35am Nov 8, 2016 7:35am
USDCHF m1
Attached Image (click to enlarge)
Click to Enlarge Name: MTF_GAP_CS_m1_usdchf.png Size: 77 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #842
  • Nov 8, 2016 1:04pm Nov 8, 2016 1:04pm
been playing the c28 for a week now , this i brilliant my trading method has now got steroids , must admit it takes me a while to learn things and i did have to keep reading the thread , glad i did what i would like to no is there a way of setting an alert when the CS reaches a fib or when they cross each other
  • #843
  • Nov 8, 2016 2:21pm Nov 8, 2016 2:21pm
Patience my friend. Nobody can learn a new trading system in only one week.
A cross is no signal for us. And after it reaches the outer MFibs it must show the hook.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #844
  • Nov 8, 2016 3:29pm Nov 8, 2016 3:29pm
A 100+ Pip move on the NZDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 503 KB
  • #845
  • Nov 8, 2016 3:54pm Nov 8, 2016 3:54pm
Quoting 4xtrader2003
A 100+ Pip move on the NZDJPY {image}
Hi 4x,
Did you trade this? Or it's just a hindsight analysis?
If you actually did trade, can you please show us the entry and exit points like Bernhard does using the indicator (show my trades.exe in the clipboard)? We will learn a lot if you do so. Thanks,
RS
Attached File(s)
File Type: ex4 show my trades.ex4   12 KB | 357 downloads
  • #846
  • Nov 8, 2016 4:04pm Nov 8, 2016 4:04pm
Quoting RisingSun
{quote} Hi 4x, Did you trade this? Or it's just a hindsight analysis? If you actually did trade, can you please show us the entry and exit points like Bernhard does using the indicator (show my trades.exe in the clipboard)? We will learn a lot if you do so. Thanks, RS {file}
RisingSun,

Most of the trades I post are live but others are after the fact simply because I can not sit at my computer 24/7, but the after the fact post entries are at the exact same location as if I had been here to trade it.

P.S.
In the future I will start marking ONLY my entries, everyone has to figure out on their own how to exit, my criteria may be different than yours.

forextrader2003
  • #847
  • Nov 8, 2016 4:10pm Nov 8, 2016 4:10pm
Quoting 4xtrader2003
{quote} RisingSun, Most of the trades I post are live but others are after the fact simply because I can not sit at my computer 24/7, but the after the fact post entries are at the exact same location as if I had been here to trade it. P.S. In the future I will start marking ONLY my entries, everyone has to figure out on their own how to exit, my criteria may be different than yours. forextrader2003
Thanks very much 4x for the explanation. I do understand your points.

Yes, marking entries alone will be of great help. Looking forward to your future posts.

Rgds,
RS
  • #848
  • Edited 5:36pm Nov 8, 2016 4:30pm | Edited 5:36pm
Is Lightheart still active in this Thread, the one who made the original videos?
  • #849
  • Nov 8, 2016 6:37pm Nov 8, 2016 6:37pm
RisingSun,

100% of my trades take place at the open of the candle/bar after the previous candle/bar that has travelled 100% of the distance from the ZERO Fib Line to the 23 FIB line in the CStrength Indicator, then I pair it, with the currency that has the steepest angle in the opposite direction and this produces positive results about 95% of the time.

forextrader2003
  • #850
  • Nov 9, 2016 3:14am Nov 9, 2016 3:14am
Hi forextrader2003, just wanted to clarify, the cs line must go from 0 fib to 23 fib in ONE candle? (M5?) or it can take more than one candle for the line to go from 0 to 23, and you enter after 23 is reached? seems like a good way to measure the slope. I looked at your charts but the fib lines don't show. Many thanks for passing the info.
  • #851
  • Nov 9, 2016 3:29am Nov 9, 2016 3:29am
Quoting 4xtrader2003
RisingSun, 100% of my trades take place at the open of the candle/bar after the previous candle/bar that has travelled 100% of the distance from the ZERO Fib Line to the 23 FIB line in the CStrength Indicator, then I pair it, with the currency that has the steepest angle in the opposite direction and this produces positive results about 95% of the time. forextrader2003
post 23 How do we apply the CS-line angle.

Try Speed indicator with slow sensitivity. Triggerline 20 to 25 fib should match.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #852
  • Nov 9, 2016 3:49am Nov 9, 2016 3:49am
Quoting 4xtrader2003
RisingSun, 100% of my trades take place at the open of the candle/bar after the previous candle/bar that has travelled 100% of the distance from the ZERO Fib Line to the 23 FIB line in the CStrength Indicator, then I pair it, with the currency that has the steepest angle in the opposite direction and this produces positive results about 95% of the time. forextrader2003
Interesting, thanks.
  • #853
  • Nov 9, 2016 5:44am Nov 9, 2016 5:44am
Managed to make a profitable trade using the M1-M5-M15 technique today.
First identified USD & CHF opposing movements on M1 chart.
Checked against M5 and M15 for the same directions, then checked support/resistance on M5 chart.
All looked good so trade entered but exited early for profit when M1 CS strength briefly reversed.
Re-entered shortly after when CS returned to longer term direction and eventually stopped out with a trailing stop for a second profitable trade.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF 091116.JPG Size: 347 KB
  • #854
  • Nov 9, 2016 6:07am Nov 9, 2016 6:07am
Quoting rickpilot601
Hi forextrader2003, just wanted to clarify, the cs line must go from 0 fib to 23 fib in ONE candle? (M5?) or it can take more than one candle for the line to go from 0 to 23, and you enter after 23 is reached? seems like a good way to measure the slope. I looked at your charts but the fib lines don't show. Many thanks for passing the info.
I use 1 candle for the angle slope but if I remember correctly Bernhard says 2 to 3 but you can look at the post he posted few post higher than this one.
  • #855
  • Nov 9, 2016 7:47am Nov 9, 2016 7:47am
Hello guys,

thank you all (and especially Bernhard) for your collaboration and trade examples. After reading every post, I have been testing CS28+SPEED for three weeks now, unfortunately with limited success (my fault), but I definitely see the huge potential. I think I need to train my eyes to identify the setups faster and more reliably and try not to think ahead. The latter is actually the reason for most of my failed trades: I tried to be smart and traded ahead after spotting a divergence/weakness, but then the trend continued in the original direction and I got stopped out. Or the other way round, I waited for a trend change and confirmation and then a profitable entry was already too late.

How do you guys handle this? I mean really sticking to the system, without doing any future interpretation, and still enter early enough and have the guts to continue holding the positions through smaller retracements? I also find it very hard to see oGAPs. Judging by all examples posted here, it looks like the greater part are iGAPs. And to be philosophical, every oGAP starts out as an iGAP. So how can I easily (again, without interpretation!) spot oGAPs and trade with the trend, not against it? Post #851 is already helpful.

As for the CS28 indicator itself, I imagine it would be helpful to have a setting to hide CS lines from the current timeframe if they are not same zone (above or below MFib 0) in the two higher timeframes -> e.g. don't show USD in M5 if it is at MFib +50 but in M15 and H1 it is below MFib -23

Another thing I am using is a small script, triggered via a hotkey, that sets the current symbol for all open charts. With the help of XMBC or Autohotkey this hotkey can be pressed after a mouse click in the chart window. I think it would make sense to incorporate this functionality into the indicator when using the buttons to select a symbol. Here is the necessary code:
Inserted Code
for (long i = ChartFirst(); i!=-1; i = ChartNext(i)) {
    ChartSetSymbolPeriod(i, NULL, ChartPeriod(i)); //NULL value means the current chart symbol
}

Regards,
dhrv
  • #856
  • Nov 9, 2016 11:35am Nov 9, 2016 11:35am
dhrv better you upgrade to version 2.00 then you can see the trend on same chart.
If you take H4 trend then it would not change often.
Du kannst mir auch ein email schreiben. Was Du versuchst im englischen zu sagen ist mir nicht klar.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #857
  • Nov 9, 2016 3:41pm Nov 9, 2016 3:41pm
Hello, my indicator does not display the market Fibonacci levels (Market 100; Market 50; Market 23 and so on)only the lines.
Is there an option to enable the labels that identify the levels?

Like in this image: http://www.forexfactory.com/attachme...6&d=1478691777

Best Regards
  • #858
  • Nov 9, 2016 3:58pm Nov 9, 2016 3:58pm
Massive Pips from the AUDJPY !!! Entries are at the open of the candle with the arrow on it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 649 KB
  • #859
  • Edited 4:59pm Nov 9, 2016 4:44pm | Edited 4:59pm
Quoting Daniel1fx1
Hello, my indicator does not display the market Fibonacci levels (Market 100; Market 50; Market 23 and so on)only the lines. Is there an option to enable the labels that identify the levels? Like in this image: http://www.forexfactory.com/attachme...6&d=1478691777 Best Regards
You are welcome with your first post. First step is use my template. Or press F8 for chart properties then show object description. If you have any questions email me.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #860
  • Nov 9, 2016 6:57pm Nov 9, 2016 6:57pm
.Offer and Demand on yes is complexed but I think it is the best option for research. .I think about horizontal lines based on measurement of pips for Multi time frame.
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