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Noise free system

  • #861
  • Jan 31, 2017 3:43am Jan 31, 2017 3:43am
Some great advice from Dave, thanks!
I was just wondering, if anyone had thought of coding an EA for this method?

The one thing an EA will struggle with is reading the ranges, and fundamentals I suppose. Manual trading also feels a lot more accomplished, but an EA nonetheless could be helpful.
  • #862
  • Jan 31, 2017 4:43am Jan 31, 2017 4:43am
Quoting OAPDave
{quote} Find a pair that as a Daily Range of around 100/120pips most days and that is active in your daylight hours, then as you have said look for scalping around 30pips from it, (100/120 range your looking for 30) use all timeframes to form a picture then start to drop down to see the waves/patterns that happen each day on how they keep moving the price up and down expanding the range as they go ( not forgetting that they will be creating swings that make obvious stop hunting points for them to hunt as and when they want) this way after a fair...
Done Thank you Dave!
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM5.png Size: 85 KB
  • #863
  • Jan 31, 2017 4:49am Jan 31, 2017 4:49am
Quoting Dim1ne
{quote} Done Thank you Dave! EURGBPM5.png;2164649 {image}
  • #864
  • Jan 31, 2017 4:51am Jan 31, 2017 4:51am
Quoting Dim1ne
{quote} Done Thank you Dave! EURGBPM5.png;2164649 {image}
Can you explain what you have done dim?
  • #865
  • Jan 31, 2017 4:52am Jan 31, 2017 4:52am
Quoting OAPDave
{quote} Find a pair that as a Daily Range of around 100/120pips most days and that is active in your daylight hours, then as you have said look for scalping around 30pips from it, (100/120 range your looking for 30) use all timeframes to form a picture then start to drop down to see the waves/patterns that happen each day on how they keep moving the price up and down expanding the range as they go ( not forgetting that they will be creating swings that make obvious stop hunting points for them to hunt as and when they want) this way after a fair...
I have a few indicators that tell me the range, can someone kindly help me with this. One indicator (top right corner) says the range is 725
Another indicator places range bars on my chart as seen (DWMRanges) seems to show the daily range as 93 points? (you can also see this in the top LEFT corner)
Is there something wrong here or am I getting the wrong calculations?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
  • #866
  • Jan 31, 2017 4:53am Jan 31, 2017 4:53am
Quoting Dim1ne
{quote} Done Thank you Dave! EURGBPM5.png;2164649 {image}
I em curios to see a printscroll from GBP/USD with these tempalte 15 min?
  • #867
  • Jan 31, 2017 4:57am Jan 31, 2017 4:57am
Quoting mizi123
{quote}
Wow you are getting some good guys on here now with interesting charts, also at the moment seem to be having a problem with my PM box will not let me reply most strange
Dimlne that looks great but its way over my head
  • #868
  • Jan 31, 2017 5:09am Jan 31, 2017 5:09am
Quoting mizi123
{quote}
30 pips are done.
  • #869
  • Jan 31, 2017 5:13am Jan 31, 2017 5:13am
Quoting Dim1ne
{quote} 30 pips are done.
Im curios to se that chart gbp/usd 15 min
  • #870
  • Jan 31, 2017 5:13am Jan 31, 2017 5:13am
Quoting mizi123
{quote} I em curios to see a printscroll from GBP/USD with these tempalte 15 min?
Sorry, the chart is very very busy, but the heart is Heikin Ashi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 80 KB
  • #871
  • Jan 31, 2017 5:13am Jan 31, 2017 5:13am
Quoting Dim1ne
{quote} 30 pips are done.
Top Marks my friend, I can trade a little its all this computer stuff that tests me, envy you guys with the skills, I am familiar with your indicators
  • #872
  • Jan 31, 2017 5:22am Jan 31, 2017 5:22am
Comone guys HH is not the only system i use, i have arsenall of tools i dont want to put all the stuf here beacuse i dont like to bee a mees before 40 min i have grabed 60 pip +s on GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: pp.png Size: 22 KB
  • #873
  • Jan 31, 2017 6:03am Jan 31, 2017 6:03am
USDCHF - Short? Does this look like a good entry?? The average daily range is showing as 86, so not huge potential.
What do you guys think in this situation??
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
  • #874
  • Jan 31, 2017 6:04am Jan 31, 2017 6:04am
Quoting mizi123
Comone guys HH is not the only system i use, i have arsenall of tools i dont want to put all the stuf here beacuse i dont like to bee a mees before 40 min i have grabed 60 pip +s on GBP/USD {image}
At my age I have to do the same thing everyday in case I forget, so I think I know the meaning of your post
  • #875
  • Jan 31, 2017 6:13am Jan 31, 2017 6:13am
@OAPDave
I've put the Murrey Lines on the M15 chart. Am I correct in analysing that the price is now reaching the 0/8ths resistance point, and if it breaches it, it will potentially continue farther down towards the 1/8th Overshoot? OR if it does NOT breach it, it will bounce back or remain?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
  • #876
  • Jan 31, 2017 6:37am Jan 31, 2017 6:37am
Quoting johnsmith2nd
@OAPDave I've put the Murrey Lines on the M15 chart. Am I correct in analysing that the price is now reaching the 0/8ths resistance point, and if it breaches it, it will potentially continue farther down towards the 1/8th Overshoot? OR if it does NOT breach it, it will bounce back or remain? {image}
Not sure what Murrey number you are showing but bring in your thoughts of Daily range expectation is there enough left to drop to another level, this is my chart 15min set to Murrey 256 and a 5min set to the same 256
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHFSBM15.png Size: 78 KB
Click to Enlarge Name: USDCHFSBM5.png Size: 71 KB
  • #877
  • Jan 31, 2017 7:45am Jan 31, 2017 7:45am
nice thread thanks for that
Everyday better.
  • #878
  • Jan 31, 2017 7:51am Jan 31, 2017 7:51am
Quoting OAPDave
{quote} Not sure what Murrey number you are showing but bring in your thoughts of Daily range expectation is there enough left to drop to another level, this is my chart 15min set to Murrey 256 and a 5min set to the same 256 {image} {image}
My levels were set to 64... Changed to 256, and I can see it better. Worked well with the heiken, and movement below the 6/8ths. I need to read more about Murrey.
  • #879
  • Jan 31, 2017 7:59am Jan 31, 2017 7:59am
Friends, can you share HAMA T3 indicator? THX
  • #880
  • Jan 31, 2017 8:16am Jan 31, 2017 8:16am
Quoting Strom
Friends, can you share HAMA T3 indicator? THX
You can find it from an earlier post here: http://www.forexfactory.com/showthre...42#post9439042
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