Join me as I trade profitably with repainting super signals

i will like to inform the house that am about to try this system on 5 minute chart to see how far, i will be updating reason and why once a trade is triggered. Thanks new account for practice

Well i hope this will make this system clear a little sorry for my lack of good explanation. The trade i took now short and the reasons 1ht frame

1) Super signal point extreme
2) Reversal candle has been confirmed with the long red candle the engulfing candle
3) DSS Second Dot is now our entry after all the previous two conditions has been met.
4) Exit Conditions are
Take profit hit
or
Stop Loss Hit
Also looking for reversal on GBPJPY looking for a reversal candle as the price is at extreme already, with my second DSS Dot i will trade it to the short side if we can see that i will update that too.

Another trade update based on the three criteria described above

Extreme arrow, Reversal Candle confirmed from the second bullish bar, Second blue DSS Dot as entry,

Thanx for explanation ollyfx

My GBPJPY Setup

Could somebody please share the dot indi with me!

pls share the dss and Renko am indi.
which settings are you using with the super signal?

With a bit of luck if you go here you can get the DSS Bressert indi.
http://www.forexfactory.com/printthr...&pp=40&page=21

i wanted to share with you the result of the cadjpy i entered yesterday. I was unable to come online after the trade , you can see why i said i am not paying more attention to my trades the market went as close as 2pips to my profit target , and also note that i wasn't following my risk to reward ration as the main risk on the trade was 34 pips plus spread and the market came that far down and more, but after i have readjusted the trade without protecting my profit lead the trade to go back to negative against me. so, if we are going to adjust our profit target for more profits we should also try to protect the one in profit so as not to loss a winning trade.

All the indicators is attached here

i will like to also said that the middle line of the price action channel is measuring the price at 50% fibo level meaning it serves as good resistant and support level and i take trades also based on this. Also i used it as profit taking point sometimes stop levels depending on the situation in the market.


LAUGH OUT LOUD, I will also tell you that multiple screen will be the best way to make money with this system by looking at reversal from at least 30m time frame so that one can catch every step of it. My advice stand to be corrected.

Please always protect your profit at 20pips. Because Forex will give you and take it back nothing is permanent unless the one in your balance.

I will try as much as possible to give our hints to trade this system in the coming days.

Please note for the DSS i use 4,9 as the setting, Renko Am is at default price channel is set to 28 to reduce early signal and higher probability. Thanks

Do you have those files as .mq4 as well?

First of all sorry for my poor English knowledge.

Hi Ollyfx. Thanks for your system, and explanations.
If you let me, I just wanna suggest you a little modification of the system. What if we use not standart Japanese Candles, but use our brother KIAD's(MTH2014) GEOrenko chart. Here is the link to his great (hm...not great, but the greatest for me....LOL) : http://www.forexfactory.com/showthread.php?t=470219 . He has created this type of renko to reduce the "Blank spot area" when standard brick renko make turning point, and also for see clear moves of price, if you read his thread you'll understand everything (sorry, but I couldn't write all "Eastern Eggs" of this type of renko in one post). So here is the exapmle how it looks like, my settings is 4 pips(bricksize), shifting is 25% so one step is 1 pip (4 / 4 (25% of 100% is 1/4), use flip mode true, flip percentage is 0%,

Attached Image (click to enlarge)

Attached File(s)

! MTH b765+ Accel Shift Flip Renko Builder Indi.ex4   126 KB | 541 downloads

and put on the chart our Brother's KIADs(MTH2014) Heiken Ashi mod indicator with smoothed style

Attached Image (click to enlarge)

Attached File(s)

! b1010+ MTH2014 Mod Heiken Ashi.ex4   83 KB | 624 downloads

Hope it be useful.
Best regards
Joakim

ollyfx thank you for your strategy. I download indi and add to mt4, it's look so good When I get some set up I add here screen. When You enter position please add here too


What You think about this entries ?


edit. I dont' have engulfing. Did you looking on renkoam?

do you have .mq4 version of that indicator?

Hi Brother. No, I haven't
Best regards
Joakim

sorry people, i have been busy that's why i have not reply here recently, i dont have any of the mql file , also i don't look much on renko Am indicator, i do it with dss, l will also say this system has some logic behind trading it, i took trade based on some rules

Like buying on 1htf when the price is above the middle band on 4htf so i look to trade buy alone, also taking trade at the fibo 50% levels. etc

Where did everybody go?