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AMAZING Strategy!!!

  • #2,641
  • Jan 5, 2017 3:12am Jan 5, 2017 3:12am
Quoting arya.aryaee
{quote} please read post#2618 and 2624 ,these gentleman are looking for a major high /low(HH,LL)after 15:00 GMT.
Yes, I've read them. However, for instance look at the chart of mrhb30jr. I see the first divergence 10 bars before the entry arrow ... Or is the condition that both HHs/LLs have to occur after the day ...?
  • #2,642
  • Jan 5, 2017 6:55am Jan 5, 2017 6:55am
This is just pure comedy cold, please guys, don't stop.
  • #2,643
  • Jan 5, 2017 9:34am Jan 5, 2017 9:34am
Quoting mrhb30jr
{quote} Hi arya.... I am waiting till 17.00, beginning of trading time and looking for entry after 17.00 time
Mrhb30jr,

Much thanks for the guidance, indicators and template. Kudos to you for patiently uploading sample trades...

One area, I request you to clear my confusion: I have used the templates and Indi's you have provided, I see that the boxes are ending at 17:00, also the beginning of trading time which is nothing, but 3 P.M. GMT.

As per Merlin though, the day starts at 5 P.M. EST. which is not close to 3 P.M. GMT...

It would be much help if you could let me know if am missing anything or the significance of choosing 3 PM GMT...

Thanks

PS: Have a wonderful 2017.
  • #2,644
  • Jan 9, 2017 6:41am Jan 9, 2017 6:41am
Quoting aaven
{quote} Mrhb30jr, Much thanks for the guidance, indicators and template. Kudos to you for patiently uploading sample trades... One area, I request you to clear my confusion: I have used the templates and Indi's you have provided, I see that the boxes are ending at 17:00, also the beginning of trading time which is nothing, but 3 P.M. GMT. As per Merlin though, the day starts at 5 P.M. EST. which is not close to 3 P.M. GMT... It would be much help if you could let me know if am missing anything or the significance of choosing 3 PM GMT... Thanks...
Hi aaven,

you mean 3 PM GMT is the beginning of merlin trading time, let me try to change my box setting and back testing, may be you are right for the time


cheers
  • #2,645
  • Jan 9, 2017 8:34am Jan 9, 2017 8:34am
Quoting mrhb30jr
{quote} Hi aaven, you mean 3 PM GMT is the beginning of merlin trading time, let me try to change my box setting and back testing, may be you are right for the time cheers
Hello Mrhb30jr,

Thanks for responding back and appreciate the and time effort you have put into helping others.

Please find the below snapshots that better conveys what i intended to say.


Have a prosperous 2017.

PS: Kindly let me know if i can clarify further...
Attached Image(s) (click to enlarge)
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  • #2,646
  • Edited 2:50pm Jan 9, 2017 2:04pm | Edited 2:50pm
Quoting aaven
{quote} Hello Mrhb30jr, Thanks for responding back and appreciate the and time effort you have put into helping others. Please find the below snapshots that better conveys what i intended to say. Have a prosperous 2017. PS: Kindly let me know if i can clarify further... {image} {image}
here is beginning as per merlin advise
and box setting should be at 6am est( 11 am gmt) to 4pm est (gmt 9pm)

Attached Image (click to enlarge)
Click to Enlarge Name: Time Converter.jpg Size: 67 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Alpari Limited MT4.png Size: 79 KB
  • #2,647
  • Jan 10, 2017 4:15am Jan 10, 2017 4:15am
Example Today Trade,

Low at 05.00 AM
H1 RSI OS

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1A.png Size: 26 KB


Open Buy while confirmation from M1 Chart

M1 Chart confirmed by RSI OS and MCAD OS
RSI 14 M1 and MCAD M1 both are positive divergence
Open BUY Order with SL 15 Pips ......

see detail at M1 chart ...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1A.png Size: 52 KB


Cheers
  • #2,648
  • Jan 10, 2017 6:13pm Jan 10, 2017 6:13pm
why cant one great coder can create one indicator as per this settings of this followups
Success is a Journey Not a Destination....... kind regards ramzam
  • #2,649
  • Jan 11, 2017 12:52am Jan 11, 2017 12:52am
Quoting mrhb30jr
{quote} here is beginning as per merlin advise and box setting should be at 6am est( 11 am gmt) to 4pm est (gmt 9pm) Time Converter.jpg;2132433 Alpari Limited MT4.png;2132470 {image} {image}
Hello Mrhb30jr,

Thanks for the charts. Just want to confirm, is your broker on GMT time? I thought it was GMT+2, and if so, please recheck the box settings. I apologize if i am wrong.

Also, what are the conditions you look for on the 1 hour chart when the high/low is broken before switching to 1 minute?

Example: OB/OS on 1 hour and divergence on 1 hour before after High or Low is before going to 1 minute chart?

Thanks a lot for the help.
  • #2,650
  • Jan 11, 2017 1:27am Jan 11, 2017 1:27am
Ramzam use Hull moving average 21 periods and you wil see the high or low of the day when color changes.
You can also open a grid of 3 to 5 limit orders at 15 pips distance each and smart trailing stops at asian open.
Works good for me.
  • #2,651
  • Jan 11, 2017 2:22am Jan 11, 2017 2:22am
Quoting aaven
{quote} Hello Mrhb30jr, Thanks for the charts. Just want to confirm, is your broker on GMT time? I thought it was GMT+2, and if so, please recheck the box settings. I apologize if i am wrong. Also, what are the conditions you look for on the 1 hour chart when the high/low is broken before switching to 1 minute? Example: OB/OS on 1 hour and divergence on 1 hour before after High or Low is before going to 1 minute chart? Thanks a lot for the help.
Hi aaven,

Yes +2 GMT my broker,
by the way all the starting from 10PM gmt to 5 AM GMT we are going to observe the chart for all the high or low of day in the 1 Hour Time Frame by confirmed RSI 14 OB/OS if confirm
move the chart for entry PO from M1, RSI 14 should be OB/OS, try to find out divergence set up ... that all
Note : The Box I could not be setting inside the period time 10PM GMT to 5AM GMT

cheers
  • #2,652
  • Jan 11, 2017 2:47am Jan 11, 2017 2:47am
Quoting mrhb30jr
{quote} Hi aaven, Yes +2 GMT my broker, by the way all the starting from 10PM gmt to 5 AM GMT we are going to observe the chart for all the high or low of day in the 1 Hour Time Frame by confirmed RSI 14 OB/OS if confirm move the chart for entry PO from M1, RSI 14 should be OB/OS, try to find out divergence set up ... that all Note : The Box I could not be setting inside the period time 10PM GMT to 5AM GMT cheers
Thanks Mrhb30jr for responding back. One clarification though, you said:

"by the way all the starting from 10PM gmt to 5 AM GMT we are going to observe the chart"

As per Merlin, the day ends at 4:59 EST.

So shouldn't it be 10 PM GMT to 5 AM EST? [ Which is equal to 10 PM GMT to 10 AM GMT?]

Thanks
  • #2,653
  • Jan 11, 2017 5:03am Jan 11, 2017 5:03am
Quoting aaven
{quote} Thanks Mrhb30jr for responding back. One clarification though, you said: "by the way all the starting from 10PM gmt to 5 AM GMT we are going to observe the chart" As per Merlin, the day ends at 4:59 EST. So shouldn't it be 10 PM GMT to 5 AM EST? [ Which is equal to 10 PM GMT to 10 AM GMT?] Thanks
Yes, 10PM GMT to 10AM GMT ...
  • #2,654
  • Jan 11, 2017 5:25am Jan 11, 2017 5:25am
Quoting mrhb30jr
{quote} Yes, 10PM GMT to 10AM GMT ...
Thanks Mrhb30jr for responding and taking the initiative of posting charts and explanation.

Just to confirm:

1.On hourly charts, we use just the RSI for OB/OS and not the Macd?

2. OB/OS is 30/70.

3. On 1 minute, we use both the RSI and Macd?

Thanks a lot once again...
  • #2,655
  • Jan 11, 2017 5:43am Jan 11, 2017 5:43am
Quoting aaven
{quote} Thanks Mrhb30jr for responding and taking the initiative of posting charts and explanation. Just to confirm: 1.On hourly charts, we use just the RSI for OB/OS and not the Macd? 2. OB/OS is 30/70. 3. On 1 minute, we use both the RSI and Macd? Thanks a lot once again...
Yes
  • #2,656
  • Jan 11, 2017 6:52am Jan 11, 2017 6:52am
Quoting mrhb30jr
{quote} Yes
Thanks Mrhb30jr. If time permits, please do keep posting the charts...
  • #2,657
  • Jan 11, 2017 7:14am Jan 11, 2017 7:14am
interesting ...
Success is a Journey Not a Destination....... kind regards ramzam
  • #2,658
  • Jan 14, 2017 9:29am Jan 14, 2017 9:29am
Quoting deankenny21
This is just pure comedy cold, please guys, don't stop.
Thank you and best regards.
  • #2,659
  • Edited 7:58pm Jan 14, 2017 7:43pm | Edited 7:58pm
As an encouragement for others this are my results, as you can see was losing first then when I actually realized how this strategy works it changed everything.

Only secret is don't be greedy and use a mental stop loss all the time as well as make sure trades go to the take profit most of the time.


Just bought a new car to my wife , now she lets me use the computer longer, and I can go to forex factory more often as before. Its a win win for everybody.
Attached Image(s) (click to enlarge)
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  • #2,660
  • Jan 14, 2017 9:26pm Jan 14, 2017 9:26pm
Quoting iulli
As an encouragement for others this are my results, as you can see was losing first then when I actually realized how this strategy works it changed everything. Only secret is don't be greedy and use a mental stop loss all the time as well as make sure trades go to the take profit most of the time. Just bought a new car to my wife , now she lets me use the computer longer, and I can go to forex factory more often as before. Its a win win for everybody. {image} {image}
Hi Iulli,

Assuming that you are not being sarcastic as some of them here, i will venture to say these are impressive results.

Could you post a chart of your interpretation of the strategy?

Thanks
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