The Paradox System

Quoting dove_alliance

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{quote} Tullegate - take a breather and lets talk about what is going on. For one thing your trading plan is not relevant for trading. The reason is because you are not covering the WHOLE PICTURE. When the market opened you had the SAR attached. That alone is telling you there is no long in the foreseeing. On the next bar you had the DB with divergence; with the market going sideways. And your plan is not showing this. You also had both the H1 and H2 ROMAR's in the downtrend with the Open Daily ROMAR crossing EMA for the downtrend. So what is the...

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Quoting tullegate

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{quote} "Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight." - Proverbs 3:5-6

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Quoting dove_alliance

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{quote} "Whoever trusts in his own mind is a fool, but he who walks in wisdom will be delivered." - Proverbs 28:26

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Quoting dove_alliance

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{quote} The market closes and opens with the 17:00 ET BAR. On Daylight Savings Time the MT4 platform is on even numbers. On Daylight Standard Time the MT4 platform is on odd numbers. The only chart that is accurate with the MT4 is the H1 and charts below the H1 for both EST and ESDT. The Daily chart changes its bar on the MT4 at 19:00 EST (Standard time - odd numbers) and 20:00 ESDT (Daylight Savings Time - even numbers).

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Quoting miau1

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# 148 Date - 27/3/2017 D1: (Purple balance: Down) ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - 119.313 Fibonacci - Down Notes: Medium impact news in less than 2h. D1 showed his real face because EMA was not a slider, price is on smooth resistance. H2: ROMAR - Resistance EMA - Resistance & Support PSAR Support (almost 40 pips) Check List: Last MACD 0 crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - 120.306 Fibonacci - Down Notes: Magenta...

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Quoting miau1

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{quote} Notes for readjustments and entry: SAR attached before the candle close, so I opened in the H2 next candle because H1 ROMAR isn't against it anymore, could wait until SAR was in the parabolic probably the next candle (is the best setup in my opinion), but I won't be home so I rather take it now because market won't go far against it, with both H2 and H1 ROMARs and D1 EMA in the way. {image}

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Quoting Derek73

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still don't get the divergence..... please could someone explain why sometimes the ' last ' divergence is not always tested. In post 4043, Dove explains this Matrix but does it just depend if the trend is still in as to whether the green divergence ( in the case of an uptrend ) will be tested meaning we could have entered long from support after the initial Magenta divergence? ( and vice versa in down trend with the gold ) in the attached screenshot 120.37 is a higher high after the initial magenta divergence which is understood however on the previous...

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Quoting miau1

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{quote} Trade result: +40 pips. Self evaluation: Trade would have closed in the previous candle (price was maybe 2-3 pipettes away from TP, within spread range) if I could make the entry in the ideal setup I wanted to, but still the Paradox delivered and price went down enough to reach the TP. {image}

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Quoting dove_alliance

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{quote} You got in way to early and almost lost your trade.

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Quoting dove_alliance

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OK Traders - I spent all day finding the problem with the SAR and found it. Attached is the replacement. All you need to do is delete the "Paradox_SAR_Swing" you have in your indicator folder and replace it with the one attached. After doing that, then close your MT4; reopen and your charts should look exactly like the ones below. Daily: {image} H2: {image} H1: {image} {file}

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Quoting Derek73

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still don't get the divergence..... please could someone explain why sometimes the ' last ' divergence is not always tested. In post 4043, Dove explains this Matrix but does it just depend if the trend is still in as to whether the green divergence ( in the case of an uptrend ) will be tested meaning we could have entered long from support after the initial Magenta divergence? ( and vice versa in down trend with the gold ) in the attached screenshot 120.37 is a higher high after the initial magenta divergence which is understood however on the previous...

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Quoting Derek73

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{quote} If you mean this one, this is the one I have installed ?

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Quoting miau1

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{quote} Yes, you are right it was less than 10 pips from a loss. I think next time I should skip the trade if I can't enter in the perfect timing, is better a 0 than risking a -40 because not following the rules, thank you again Dana. Cheers.

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Quoting Derek73

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I haven't added or deleted anything, but, I'll try and reinstall. Will this affect the divergence problem I mentioned?

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Quoting Retrogue

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{quote} Hi Miau1 Can I ask regarding timing for this entry, in the moment last night (GMT) in the daily ranging the market is in, the hit on daily resistance for the short was the entry, as the next daily candle opened at daily EMA, SAR then attached. I believe that is the bigger picture, but I'm probably wrong. I didn't trade last night, but took lots of screenshots instead to see what happened

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Quoting Retrogue

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{quote} Did your SAR get overwritten by DB later on after that screenshot like mine? {image} {image}

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Quoting Derek73

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{quote} Yes it did, thanks for asking, I just struggle to understand divergence and have asked this question probably 2 or 3 times and no one replies. Just trying to make sense of the divergence and when green or gold appear and in which scenarios. Thanks for your helpful attitude : )

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