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PVSRA Scalping with Cigarguy

  • #6,181
  • Dec 8, 2016 9:43pm Dec 8, 2016 9:43pm
Quoting DrForexMD
Hi Friends, Please tell me: How do I turn off the PL Labels in the Trade Levels Indicator while keeping the trade history on my Charts (the dotted line, etc.? I am have a hard ime to find in the code to turn it off on active and closed trades. Thank you ahead of time !
do you mean this ? (ctrl + I pvsra trade level)
Attached Image (click to enlarge)
Click to Enlarge Name: level.jpg Size: 134 KB
There is no way to happiness , happiness is the way.
  • #6,182
  • Dec 8, 2016 10:10pm Dec 8, 2016 10:10pm
Quoting DrForexMD
Hi Friends, Please tell me: How do I turn off the PL Labels in the Trade Levels Indicator while keeping the trade history on my Charts (the dotted line, etc.? I am have a hard ime to find in the code to turn it off on active and closed trades. Thank you ahead of time !
find
PL_Line_Trade_Positive
PL_Line_Trade_Negative
and change color to blank
Be a spectator, not a player
  • #6,183
  • Dec 8, 2016 10:27pm Dec 8, 2016 10:27pm
No momentum price goes nowhere, close the trade
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Click to Enlarge Name: EURUSDM1.png Size: 57 KB
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  • #6,184
  • Edited 2:41am Dec 9, 2016 1:52am | Edited 2:41am
Quote
do you mean this ? (ctrl + I pvsra trade level)

Ockham and Wiserltz,

Fantastic, this worked finally!!!! I just placed "" instead of the colors...I have been trying to do this for a very long time.



Here are the results - Please note that I was testing this system again and purposely over-traded on a Demo:

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m5-oanda-division1.png Size: 53 KB



Thanks again !

-John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #6,185
  • Dec 9, 2016 6:04am Dec 9, 2016 6:04am
USDJPY M1 +5PIPS

Reasons for going LONG
- Dragon was going up and inclination was awesome
- PA being traded above 200EMA
- After a huge green candle with volume, I waited for a retrace
- The retrace didn't come (it happens sometimes)
- Instead I got a consolidation area
- When PA seemed to have broken that consolidation area, I entered

Got my target and exited.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m1-ftt-sweden-ab.png Size: 42 KB
  • #6,186
  • Dec 9, 2016 8:00am Dec 9, 2016 8:00am
Hi Ockham, wich settings of the emas you have for the M5 and M15 dragon?
Quoting Ockham
small fifo on UJ m1, explanation on chart. Question any idea why my drawing rectangle are behind the dragon ? {image}
  • #6,187
  • Dec 9, 2016 10:45am Dec 9, 2016 10:45am
Quoting Trinquete
Hi Ockham, wich settings of the emas you have for the M5 and M15 dragon? {quote}
sure ema 50 m5 on m1 chart is 50*5=250 ema
Ema 50 m15 on m1 chart is 50*15=750 ema

i found like this more easy to identify bull or bear trend in higher TF just looking m1 chart
There is no way to happiness , happiness is the way.
  • #6,188
  • Dec 9, 2016 10:54am Dec 9, 2016 10:54am
Quoting DrForexMD
Hey Gang, Is this a good setup on the AU using PVSRA-FIFO - That is H-L-LH-LL and above the EMA 200, etc. ? {image} Comments appreciated ;-) CigarGuy...Hey...What sayeth you?
Nice to have you starting to post charts

Now, what do you mean by "etc."? I'm really curious about your answer!
Also, H-L-LH-LL is inside the core concept of TAH's PVSRA TVM20 or something like that, not necessarily the core of this thread's FIFO my little knowledge of PVSRA with ciguarguy's style.

My humble opinion over your chart:
1) I don't know why you've entered because I'm seeing a M5 chart which usually is just used for trend direction. Using that thinking, Dragon and EMA 200 are so close together clearly stating a sideways market.
2) Looking at those green notable volumes in an increasing manner being halt around the 0.74750 quarter level, followed by a bearish reaction and no notable volume on the downside also on the supposed rebound that you've entered, it doesn't give me a clear direction of where it might go.
3) If price started going bullish again with notable volume, I'd be looking to enter after that "LH".
4) If price continue to go bearish with notable volume, I'd be looking to enter after the break of the that consolidation below 0.74650.

Since today is friday and it was 14h45 london time on your chart, it might mean no momentum to go either direction!

Tough call this trade even for 5 pips imho, so I'd be sitting on my hands =/

I hope that helps!

All the best
  • #6,189
  • Dec 9, 2016 2:46pm Dec 9, 2016 2:46pm
Quote
Tough call this trade even for 5 pips imho, so I'd be sitting on my hands =/

I hope that helps!

All the best

Excellent feedback Fmeick...I guess I was lucky, but I did get a few Pips up...I am sure beginner's luck ;-)

Thanks for the detailed feedback that I can obviously use.

Have a great weekend !
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #6,190
  • Dec 9, 2016 7:01pm Dec 9, 2016 7:01pm
Quoting DrForexMD
{quote} Ockham and Wiserltz, Fantastic, this worked finally!!!! I just placed "" instead of the colors...I have been trying to do this for a very long time. Here are the results - Please note that I was testing this system again and purposely over-traded on a Demo: {image} Thanks again ! -John
Yes, sometime those lines are very annoying, particularly lossing
Be a spectator, not a player
  • #6,191
  • Dec 9, 2016 11:32pm Dec 9, 2016 11:32pm
Hi all, i found comparing 2 brokers, that i will not name them here, that quotation are different, so of course indicators have different results as well like the EMA.
Do you think one of them could more manipulate the market than the other one and play with our tight stop loss ? one is ECN and other one is STP

Wish you all a nice week end
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: chart UJ.JPG Size: 338 KB
There is no way to happiness , happiness is the way.
  • #6,192
  • Dec 10, 2016 3:10am Dec 10, 2016 3:10am
nice scalping setup.
  • #6,193
  • Dec 10, 2016 4:54am Dec 10, 2016 4:54am
Quoting cigarguy
Here is the CSM with the big picture....remember this has a short shelf life and not to be used for Buy/Sell signals only a heads up for pairs to stalk for weak vs strong..... {image}

I have found this to help me out quite a lot.
If there is no enemy within, the enemy outside can do us no harm...
  • #6,194
  • Dec 10, 2016 4:55am Dec 10, 2016 4:55am
Quoting robmagario
USDJPY M1 +5PIPS Reasons for going LONG - Dragon was going up and inclination was awesome - PA being traded above 200EMA - After a huge green candle with volume, I waited for a retrace - The retrace didn't come (it happens sometimes) - Instead I got a consolidation area - When PA seemed to have broken that consolidation area, I entered Got my target and exited. {image}

Hey rob. Hope your cool?
Question .....

your postion you entered here. What stoped you from entering after the first big green candle with the small consolidation after?

just picking your brains

kind regards

iscalp
If there is no enemy within, the enemy outside can do us no harm...
  • #6,195
  • Dec 10, 2016 6:15am Dec 10, 2016 6:15am
Kindly any one provide me all latest tested indicators and EA with settings Many thanks in advance.
  • #6,196
  • Dec 10, 2016 6:25am Dec 10, 2016 6:25am
Thanks a lot!
Quoting Ockham
{quote} sure ema 50 m5 on m1 chart is 50*5=250 ema Ema 50 m15 on m1 chart is 50*15=750 ema i found like this more easy to identify bull or bear trend in higher TF just looking m1 chart
  • #6,197
  • Dec 10, 2016 7:07pm Dec 10, 2016 7:07pm
Quoting iscalp
{quote} Hey rob. Hope your cool? Question ..... your postion you entered here. What stoped you from entering after the first big green candle with the small consolidation after? just picking your brains kind regards iscalp
You could enter there. Just that the first big green candle failed to break 114.750 key level,
so I always want to trade when PA moves far away from there and when PA is already targeting the next level.
So, if you see when I entered, PA was already around 114.860 so it was already targeting 115.000,
that is why entering there would make sense. Since I target 5PIPS of profit, it would be a safer entry point.
Of course, I looked at bigger timeframes (M5, M15, etc...) to see if there is enough space for PA to reach that level.
  • #6,198
  • Edited 8:50pm Dec 11, 2016 8:29pm | Edited 8:50pm
Not very good entry, 1/4 level and previous S/R was nearby, but fine, closed right on time
PS: Second entry was a bit aggressive, so closed early, better than nothing...
Attached Image (click to enlarge)
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  • #6,199
  • Dec 11, 2016 11:20pm Dec 11, 2016 11:20pm
GU m1 not fan about GU because spread is higher, so i close quickly my position.
Explanation on chart
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  • #6,200
  • Dec 12, 2016 2:06am Dec 12, 2016 2:06am
Scalping while only MM working under 3/4 level, closed because not knowing what Lo like to do
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