Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Open Trade near Pivot line (Pivot Point) 14 replies

Weekly Pivot to Pivot Trading 19 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Help with daily pivot, weekly pivot on MT4 3 replies

Pivot high - Pivot low MT4 3 replies

Attachments: Pivot Trading
Exit Attachments

Pivot Trading

Quoting Davit
{quote} Very nice I thought you got out I guess not.Good for you!
Yes, only I closed 1 third of my position.
2nd third I'm thinking around 43 or 47 depends on PA.
Then my last third will be risk-free ready if it wants to visit 3x levels, haha.
buying tops / selling bottoms
nice overview of French elections
Expecting a wild swings on EU
http://www.telegraph.co.uk/news/0/fr...-tracker-odds/
In trading, you have to be defensive and aggressive at the same time
Read another retail box store Staples closing! along with Kmart Macy's Sears Barnes & Noble Gap Victoria Secrets etc Thousands of jobs being wiped out basically by Amazon
Amazon is going to kill more American jobs than China did

Mall close to my house is basically dead and sad really.We are moving so fast in cyber space for basically everything that soon we may not even interact much.
Amazon dominance is staggering 50% of all online sales are through Amazon.
In trading, you have to be defensive and aggressive at the same time
Hi All, This seems to be the right thread to ask my question,
if not, then moderator, please move it to the right place.

I found this Pivot indicator I like a lot, it works very well for me, I like to use it in a EA I'm working with.
the problem is that I don't have the mq4 file and I don't know the formula for calculating the pivots,
I have tested it against Camarilla, Classical, Demark, Fib, but it doesn't seem to use the same calculation,
if anyone have the mq4 file or if you could tell me what formula it uses. I would be really happy. Cheers
Attached File(s)
File Type: ex4 Daily Pivot Point Historical - Dyr.ex4   6 KB | 534 downloads
Bulls are stupid Animals!especially when Im short!
Quoting roughtrader
Hi All, This seems to be the right thread to ask my question, if not, then moderator, please move it to the right place. I found this Pivot indicator I like a lot, it works very well for me, I like to use it in a EA I'm working with. the problem is that I don't have the mq4 file and I don't know the formula for calculating the pivots, I have tested it against Camarilla, Classical, Demark, Fib, but it doesn't seem to use the same calculation, if anyone have the mq4 file or if you could tell me what formula it uses. I would be really happy. Cheers...
You can see at input parameter Pivot Type 0=(H+L+C),1=(H+L+C+O),2=(H+L+C+C),3=(H+L+O+O)
So you have 4 different calculation base.

Type 0=(H+L+C) so in the formula on mq4 is P=(H+L+C)/3
Most common is average of the high (H), low (L), and closing (C) prices of the market in the prior trading period.

Type 1=(H+L+C+O) so in the formula on mq4 is P=(H+L+C+O)/4
In other cases, the average also includes the previous period's or the current period's opening price (O).

Type 2=(H+L+C+C) so in the formula on mq4 is P=(H+L+C+C)/4
In other cases, traders like to emphasize the closing price (C).

Type 3=(H+L+O+O) so in the formula on mq4 is P=(H+L+O+O)/4
or the current periods opening price.
I know one thing, that I know nothing - Socrates
UJ..!!!

Closed all...waited forever for this...Still on a loss with pair but will work on having a good quarter.
Attached Image (click to enlarge)
Click to Enlarge Name: 1One.png Size: 78 KB
Invest in Life
Quoting sniperdebt
Rejection at strong support (38s) and , possible Hidden Div in progress on Daily TF but on long term Bear still in control. Take this long opportunity with +23xx pips running. will see this pair development and looking for potential sell opportunity next closely. {image}
Thanks for the gap.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 192 KB
Quoting sniperdebt
{quote} Thanks for the gap. {image}
WOW!!
Invest in Life
Hi Davit ,

i have use 2 days and 2 night to read all your Post and want really to thank you for your sharing. You and this method has give me new hope....


Thanks
DC
You know when you have no knowledge on how price action works ...
[Or I'd say minimal knowledge]

But them Pivots are just that good ...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
Quoting roughtrader
Hi All, This seems to be the right thread to ask my question, if not, then moderator, please move it to the right place. I found this Pivot indicator I like a lot, it works very well for me, I like to use it in a EA I'm working with. the problem is that I don't have the mq4 file and I don't know the formula for calculating the pivots, I have tested it against Camarilla, Classical, Demark, Fib, but it doesn't seem to use the same calculation, if anyone have the mq4 file or if you could tell me what formula it uses. I would be really happy. Cheers...
once you upload ex file into metatrader program it automatically creates mq4 then you can download and do what you like.
In trading, you have to be defensive and aggressive at the same time
Quoting E7i
You know when you have no knowledge on how price action works ... [Or I'd say minimal knowledge] But them Pivots are just that good ... {image}
nice going keep it up
In trading, you have to be defensive and aggressive at the same time
Quoting sniperdebt
{quote} Thanks for the gap. {image}
super
In trading, you have to be defensive and aggressive at the same time
Hi all
I have just finished reading the whole thread. Would someone be so kind as to post a weekly pivot for a pair so I can check that I have my pivot lines in the Zone.
Thanks
Quoting Rakiura
Hi all I have just finished reading the whole thread. Would someone be so kind as to post a weekly pivot for a pair so I can check that I have my pivot lines in the Zone. Thanks
not sure yet if it updated but here is AU if correct then everything else is correct as well.
welcome and thanks for reading the threadshows maturity
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 38 KB
In trading, you have to be defensive and aggressive at the same time
Quoting sniperdebt
{quote} EA approach previous top. {image}
Patience is a virtue and always pays off, great start of the week. Looking for potential sell opportunity next closely.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-04-24 at 05.48.41.png Size: 15 KB
Click to Enlarge Name: EURAUDDaily 2.png Size: 182 KB
Click to Enlarge Name: Screen Shot 2017-04-24 at 06.29.48.png Size: 32 KB
Quoting sniperdebt
{quote} Patience is a virtue and always pays off, great start of the week. Looking for potential sell opportunity next closely. {image} {image} {image}
Congrat super star!
Can you upload your buterfly indicator?
Quoting mmo1991
{quote} Congrat super star! Can you upload your buterfly indicator?
mmo1991,

I do not use an indicators to find my pattern.
NZDCAD

Nicely formed double top and rejection of R38 Line at psychological resistance level 0.95x.
Moving quickly towards Pivot level. Already selling at turquoise line on graph, will add to sells aggressively once double top has formed, broken and retested.

Moreover, TDI indicator turning down with bearish momentum, volume however is low as NZD bank holiday.

Good Luck and Thanks Davit for sharing.

Ω
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-04-24 at 11.08.43.png Size: 158 KB
Success is going from failure to failure without loss of enthusiasm.
Hi Guys ,

i have a question about the Exit. Normally we are after the next S/R level , but i see many times u guys reach more then the next Level.
Is there any tips or experience which can share about the Exit ? I mean need to focus the PA on the touching of the target area or other
things , too ?


Thanks for reply !

Regards
DC
25 traders viewing now, 6 are members:
,
,
shnackattack
,
Varo-fx
,
rupasi
,