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  • #10,801
  • Nov 15, 2016 6:57am Nov 15, 2016 6:57am
Thanks for the reply

Shame cos i think the pattern is excellent.

well good luck to you all
  • #10,802
  • Nov 19, 2016 3:07pm Nov 19, 2016 3:07pm
Clivepackham,

Do you use the "FastTMALine system yet?
If not, why?
  • #10,803
  • Nov 21, 2016 6:20am Nov 21, 2016 6:20am
Quoting balouf
Clivepackham, Do you use the "FastTMALine system yet? If not, why?
Hi balouf.

Since June/July Clive has not been active on this thread, and yes, we did trial the Fast TMALine.
  • #10,804
  • Nov 21, 2016 6:36am Nov 21, 2016 6:36am
Quoting JohnDalio
{quote} Nice trading Pieter! could you please share how to get the automatic 1h pivots? they look great I would love to test! all the best! J
Hi John.

Attached as requested. Hope it helps!
Attached Image (click to enlarge)
Click to Enlarge Name: Wyatt's Pivots.PNG Size: 89 KB
Attached File(s)
File Type: mq4 WyattsPivots.mq4   16 KB | 462 downloads
  • #10,805
  • Nov 21, 2016 8:56pm Nov 21, 2016 8:56pm
Quoting Pipglutton
{quote} Hi John. Attached as requested. Hope it helps! {image} {file}
Hi Pieter, thank you very much, your a gentleman indeed, I've sent you a PM, thank you kindly.
  • #10,806
  • Nov 28, 2016 4:41am Nov 28, 2016 4:41am
Hi Manfread been playing with my Fibs, reset them to mimic Murrey levels this lets me control the chart-shift also I can place them were I want, enclosed 2 screenshots of WKLY & DAILY shown as 5min charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD m5 (11-28-2016 1029).png Size: 104 KB
Click to Enlarge Name: GBPUSD m5 (11-28-2016 1030)d.png Size: 94 KB
  • #10,807
  • Nov 28, 2016 5:20am Nov 28, 2016 5:20am
Hi Dave, So I take it that you set the Fibs at 12.5% levels (1/8ths). Then set them at the weeks high and low and or daily high and low. If that works for you that's great. I have been true to Murrey Math Lines as per my setup and have increased my account size. Attached is my last trade today.
Attached Image (click to enlarge)
Click to Enlarge Name: FTSE100M5 28-11.png Size: 40 KB
  • #10,808
  • Nov 28, 2016 5:33am Nov 28, 2016 5:33am
Quoting manfredg
Hi Dave, So I take it that you set the Fibs at 12.5% levels (1/8ths). Then set them at the weeks high and low and or daily high and low. If that works for you that's great. I have been true to Murrey Math Lines as per my setup and have increased my account size. Attached is my last trade today. {image}
Thanks for the reply, Yes you are correct with my setting, just wanted to see how it worked out, as always great trading you seem to have really nailed this trading game.
ps I do look at other setting as well, just lets me have a quicker view of things, eg the Brexit mess on a Monthly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD M1 (11-28-2016 1130).png Size: 60 KB
  • #10,809
  • Nov 28, 2016 5:47am Nov 28, 2016 5:47am
Well that's very clever and as we have agreed in the past: what ever works for you. The only problem I though was that a daily candle could be either too big or so small that it becomes too crowded. That's why I set my settings at two days for the 5min chart. But if a daily chart works for you then great. I have also found that it is also important to be an expert in an indicie or currency pair, rather than 'shotgun' the whole kit and kaboodle.
  • #10,810
  • Nov 28, 2016 2:53pm Nov 28, 2016 2:53pm
Update to the charts shown on Post 10806
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD m5 (11-28-2016 2048)w.png Size: 100 KB
Click to Enlarge Name: GBPUSD m5 (11-28-2016 2048)d.png Size: 101 KB
  • #10,811
  • Nov 29, 2016 3:39am Nov 29, 2016 3:39am
To conservative with my target as got to go out but a profit is a profit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD m5 (11-29-2016 0935).png Size: 97 KB
Click to Enlarge Name: GBPUSD m5 (11-29-2016 0935)d.png Size: 106 KB
  • #10,812
  • Nov 29, 2016 7:23am Nov 29, 2016 7:23am
Haha just got back, seems I made a bit of a pigs ear of that trade with how many pips I left on the table, but hey I do enjoy my walking football sessions
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD m5 (11-29-2016 1319)w.png Size: 97 KB
Click to Enlarge Name: GBPUSD m5 (11-29-2016 1319)d.png Size: 91 KB
  • #10,813
  • Nov 30, 2016 5:48am Nov 30, 2016 5:48am
Quoting OAPDave
Haha just got back, seems I made a bit of a pigs ear of that trade with how many pips I left on the table, but hey I do enjoy my walking football sessions {image} {image}
Hello OAPDave, what indicator is showing lines and time top of the chart please can you share it?

Regards,
Moti
  • #10,814
  • Nov 30, 2016 7:41am Nov 30, 2016 7:41am
Quoting Motiram
{quote} Hello OAPDave, what indicator is showing lines and time top of the chart please can you share it? Regards, Moti
Please read Post 10,807, I have just re-set my Fib tool to 1/8ths or 12.5% for the box breakout for MT4 google Breakout_PANCA_EAGLE_indicator and set it to the UK 8am -9am breakout
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD m15 (11-30-2016 1340)f.png Size: 103 KB
Click to Enlarge Name: GBPUSD m15 (11-30-2016 1336).png Size: 102 KB
  • #10,815
  • Nov 30, 2016 1:00pm Nov 30, 2016 1:00pm
Quoting Motiram
{quote} Hello OAPDave, what indicator is showing lines and time top of the chart please can you share it? Regards, Moti
Gbp/Usd update
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD m5 (11-30-2016 1859).png Size: 93 KB
  • #10,816
  • Nov 30, 2016 2:30pm Nov 30, 2016 2:30pm
Thought this was the abcd method looks like a hijack
  • #10,817
  • Dec 1, 2016 8:12am Dec 1, 2016 8:12am
Quoting OAPDave
{quote} Please read Post 10,807, I have just re-set my Fib tool to 1/8ths or 12.5% for the box breakout for MT4 google Breakout_PANCA_EAGLE_indicator and set it to the UK 8am -9am breakout {image} {image}
Hello OAPDave, I do not find the indicator Breakout_PANCA_EAGLE_indicator and neither fibo indicator in Post 10,807
Quoting OAPDave
{quote} Gbp/Usd update {image}
Looks that system is working for you great please can you give a download link for both indicatores

Thank you

Regards,
Moti
  • #10,818
  • Dec 17, 2016 2:13pm Dec 17, 2016 2:13pm
Hi. Can someone tell me how I can do this with just the android mt4 app? CCI settings, MA settings etc? I don't get time to be with my laptop so mostly trade with my Note 5 android mt4 app and would like to implement this. Thanks for the help in advance.
Trade-Emperor
  • #10,819
  • Dec 19, 2016 4:12pm Dec 19, 2016 4:12pm
Quoting Chalky600
This thread seems to have lost its direction , is anyone still trading ab = cd patterns I started with them and after surprisingly good results have been progressing further into Harmonic trading. I am looking for others to work with that Really understand and trade this stuff as the rest of it is overcomplicated as far as I am concerned. Chalky
Indeed, thats a bummer, everybody loves simplicity, yet, many threads end up ridiculously complicated xD

Guys, for everyone who is still interested in the original Idea, this is what i have been doing for quite a long time...

My Performance: 82% Winning Trades, 200-500% Profit per trade (I am only trading UJ, because of the low spread, there will be about 2-5 Trading opportunities on the 1m timeframe)

Indicators:
ATR 7
35 LWMA

Rules:
1. Draw current ABCD Legs into 5m Timeframe, then drop to 1m
2. Trendline creates nice and strong waves on 1m (not flat!)
3. Enter when MA changes color - trading only with the 5m trend (current ABCD legs)
4. SL at ATR7 + Spread, TP at D of the 1m TF ABCD legs

5m Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-12-19 at 22.59.07.png Size: 156 KB


1m Chart:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-12-19 at 23.09.11.png Size: 266 KB
  • #10,820
  • Dec 19, 2016 9:27pm Dec 19, 2016 9:27pm
Quoting Bernardi
{quote} Indeed, thats a bummer, everybody loves simplicity, yet, many threads end up ridiculously complicated xD Guys, for everyone who is still interested in the original Idea, this is what i have been doing for quite a long time... My Performance: 82% Winning Trades, 200-500% Profit per trade (I am only trading UJ, because of the low spread, there will be about 2-5 Trading opportunities on the 1m timeframe) Indicators: ATR 7 35 LWMA Rules: 1. Draw current ABCD Legs into 5m Timeframe, then drop to 1m 2. Trendline creates nice and strong waves on...
Bernardi,
Somehow I dont get the rules, namely when do you start drawing the ABCD legs. The trade shown in your charts: how can you draw a trendline (5M leg) before the trades as shown in your 1m chart where you marked the entries with each colour change?
Thanks.
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