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Predict breakouts & trend reversals using macd/bb%

  • #41
  • Feb 8, 2017 9:25am Feb 8, 2017 9:25am
Quoting vdubus
{quote} I think your missing the something, the objective of the strategy is to Identify the breakout / reversal following divergence not the divergence it's self by drawing a simple trend line bol1.png;2176513 {image}
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The Average Discount Everything
  • #42
  • Feb 15, 2017 12:38pm Feb 15, 2017 12:38pm
Quoting vdubus
{quote} Nice. I also use an identical strategy for renko & here you will find the holy Grail to my strategy - Divergence predicts the next trend reversal ! usdjpy-admiral-markets.png;2173928 {image}
Pls can you share this template and the Renko indicator . You are a blessing here.
  • #43
  • Feb 15, 2017 6:23pm Feb 15, 2017 6:23pm
Quoting dexterous
{quote} Pls can you share this template and the Renko indicator . You are a blessing here.
I can't supple the template but you can get the mean renko for this guy https://ovo.cz/products/offline-char...an-renko-bars/
  • #44
  • Feb 16, 2017 5:39am Feb 16, 2017 5:39am
Posted this on Tradingview last night a perfect example of predicating Trend reversals
https://www.tradingview.com/chart/GB...UD-BB-SQUEEZE/
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  • #45
  • Feb 20, 2017 7:42am Feb 20, 2017 7:42am
Hello Vdubus,

thx a lot for this great trading strategy! I wanted to ask you, if your TP is always 50%? Sometimes the move was so big, that this is a very long distance... or would you take a fixed RR in such a case?
  • #46
  • Feb 21, 2017 7:26am Feb 21, 2017 7:26am
Quoting Wido24
Hello Vdubus, thx a lot for this great trading strategy! I wanted to ask you, if your TP is always 50%? Sometimes the move was so big, that this is a very long distance... or would you take a fixed RR in such a case?
Try splitting your orders into 2 & letting the second ride. If You bring your stops up to break even on the second trade once 50% target is hit on the first you'll be locked in to a risk free trade.
  • #47
  • Mar 3, 2017 4:28am Mar 3, 2017 4:28am
Thx, Vdubus. Sorry for my late answer... I was very ill.

I thought this way too. But on the other hand: if I trade divergence, I start from the lower BB - so would it not be logical to shoot for the other side of the BB?
It is very hard for me because of my lack of patience (therefore my last question), but this higher RR seems to me the idea of trading divergences. So, I start now testing with 1:2.5 RR (i.e. 100SL / 250TP) as long the price is still within the BB. Is this reasonable?

Here is a trade a took on EA... it is still on the way.

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  • #48
  • Mar 3, 2017 7:31pm Mar 3, 2017 7:31pm
Thanks Vdubus. btw, does this mean you have a VW Bus??? Curious cuz my old license plate was my initials: Which are DBW. On plate it said DBDUBLU.

Just wanted to share divergence cheat sheet:
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  • #49
  • Mar 3, 2017 9:58pm Mar 3, 2017 9:58pm
how's the prediction going? did you guys catch anythimg?
Maadik Hugiis. IQ 69.
  • #50
  • Mar 6, 2017 3:36pm Mar 6, 2017 3:36pm
Quoting Wido24
Thx, Vdubus. Sorry for my late answer... I was very ill. I thought this way too. But on the other hand: if I trade divergence, I start from the lower BB - so would it not be logical to shoot for the other side of the BB? It is very hard for me because of my lack of patience (therefore my last question), but this higher RR seems to me the idea of trading divergences. So, I start now testing with 1:2.5 RR (i.e. 100SL / 250TP) as long the price is still within the BB. Is this reasonable? Here is a trade a took on EA... it is still on the way. {image}...
i don't use bollinger bands or bb% with renko your better off using macD but other than that from what I can see it looks ok
  • #51
  • Mar 6, 2017 3:38pm Mar 6, 2017 3:38pm
Quoting diamonddbw
Thanks Vdubus. btw, does this mean you have a VW Bus??? Curious cuz my old license plate was my initials: Which are DBW. On plate it said DBDUBLU. Just wanted to share divergence cheat sheet: {image}
lol yes buddy I did have a VW Bus T25 https://www.facebook.com/photo.php?f...type=3&theater
  • #52
  • Mar 18, 2017 11:13am Mar 18, 2017 11:13am
Throw out all those wild goose chase Indicator's - Use Guppy MMA's
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  • #53
  • Mar 18, 2017 11:59am Mar 18, 2017 11:59am
good job
Smile, Breath, and Go slowly
  • #54
  • Mar 18, 2017 2:02pm Mar 18, 2017 2:02pm
From what I've seen its the compression and the expansion of the 2 group of moving averages. RSI(14) and default MACD give false readings as to the trend. One should read Daryl Guppy Trend trading book a few times back to back. He more or less says without saying it. Throw away all those stinking indicators.

One can download Daryl Guppy's Trend trading PDF 433 page book at https://www.google.com/url?sa=t&rct=...xJaRcNm7fqXHMA

I myself have a hard copy from Amazon - Amazon's reviews don't give justice as one posters says throw away the book after 100 pages. The meat of the book starts after 100 pages. I will be posting this download link to one of the Guppy threads in a week or so.

If one has any know how to moving averages then they can learn GMMA.
  • #55
  • Mar 20, 2017 3:11pm Mar 20, 2017 3:11pm
Quoting Mac712
From what I've seen its the compression and the expansion of the 2 group of moving averages. RSI(14) and default MACD give false readings as to the trend. One should read Daryl Guppy Trend trading book a few times back to back. He more or less says without saying it. Throw away all those stinking indicators. One can download Daryl Guppy's Trend trading PDF 433 page book at https://www.google.com/url?sa=t&rct=...xJaRcNm7fqXHMA...
This has no relevance to this post or my strategy ?
  • #56
  • Mar 20, 2017 4:04pm Mar 20, 2017 4:04pm
OK!
  • #57
  • Mar 21, 2017 1:28am Mar 21, 2017 1:28am
Following your work. Thanks and
Regards
  • #58
  • Edited 2:55am Mar 21, 2017 1:59am | Edited 2:55am
Hi Vdubus
I am very interesting with your treat.
I would like to have a channel indicator that appear in main windows on post 32 and 34.
Would you like to share it for me?
Thank you very much for your help.
  • #59
  • Mar 21, 2017 2:29am Mar 21, 2017 2:29am
Subscribed, looking forward for the trade with this system
Risk comes from not knowing what you're doing.
  • #60
  • Mar 21, 2017 2:36am Mar 21, 2017 2:36am
Any clue why on earth eurjpy is turning H4 up so fast after only 4 days down. Is it a fake upward trend. Thanks and
Regards
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