28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions | Page 72 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Currency strength Trading System for multiple pairs trading 6 replies

beta test this currency strength indicator system 12 replies

Trading system based on individual currency strength 12 replies

any mt4 offer 28pairs major currency? 15 replies

Knife system, Vegas 4h system related questions. 4 replies

Attachments: 28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions
Exit Attachments

28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #1,421
  • May 18, 2017 12:02pm May 18, 2017 12:02pm
Gbpcad time frame m15. D-gap - i-dir
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD M15.png Size: 78 KB
  • #1,422
  • May 18, 2017 12:57pm May 18, 2017 12:57pm
Quoting FxSwordfish
{quote} Is this good? Angles that met the criteria are now marked. Green to buy and red to sell. Read my recent blog post. https://www.mql5.com/en/blogs/post/693996 {image} {image} {image}
I see just vertical lines and no angles values.
It's necessary something that calculate the angles values for the correct setup.
For example, if the angle is more than 20 degree or 30 degree etc... it a good setup for buy/sell if less no trade at all.
This way you have a NON subjective way to define the angles.
  • #1,423
  • May 18, 2017 1:20pm May 18, 2017 1:20pm
Quoting Merka
{quote} I see just vertical lines and no angles values. It's necessary something that calculate the angles values for the correct setup. For example, if the angle is more than 20 degree or 30 degree etc... it a good setup for buy/sell if less no trade at all. This way you have a NON subjective way to define the angles.
No, it is not degree.
Read Post 23 for the angles and zoom.

Just one note, because the market Fibs are dynamical, it does not mean it is the same angle over all the history. It is meant for live trades with the actual market conditions.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,424
  • Edited 2:56pm May 18, 2017 1:36pm | Edited 2:56pm
Quoting Merka
{quote} I see just vertical lines and no angles values. It's necessary something that calculate the angles values for the correct setup. For example, if the angle is more than 20 degree or 30 degree etc... it a good setup for buy/sell if less no trade at all. This way you have a NON subjective way to define the angles.
The indicator compares the calculated angle for each currency strength with the angle from zero to mFib23 dynamically, meaning it picks up the current mFib23 value for this comparison. (The history plots were based on mFib23 at that time, and will not repaint, just to respond to Bernhard's valid concern.) If the angle is equal or larger than mFib23, it plots a vertical line. Why do you want to see the values? How does that help you trade? Perhaps you want the Golden Angle (the big cross), which is more visual than a precise signal. I use both.
  • #1,425
  • Edited May 20, 2017 3:05pm May 19, 2017 5:36pm | Edited May 20, 2017 3:05pm
.
  • #1,426
  • May 22, 2017 5:07am May 22, 2017 5:07am
hey bernhard is their any way to get the indi on mobile to monitor trades and setups?
Everyday better.
  • #1,427
  • May 23, 2017 4:59am May 23, 2017 4:59am
Quoting arlucad
hey bernhard is their any way to get the indi on mobile to monitor trades and setups?
Yes, if you can install MT4 on your device. But don't ask me for the details, I never did that but I know some people did.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,428
  • May 23, 2017 5:48pm May 23, 2017 5:48pm
Hello. I've been following this thread for a while now. The indicators look interesting but what puzzles me is that I see very few losses reported, and also, although this was debated in some posts, the fact that, as far as I go back, no trade has ever been reported live. Forgive me, Bernhard, no negativity intended, but, since I see quite a few long duration trades, i.e. no scalps, the reason that people need to focus on trading rather than calling out trades seems a bit weak. Of course everybody is free to do what they want here, but you have to admit this throws a big shadow on the credibility of the strategy. One more thing: I see the posts have become rather sparse lately and so have the viewers. Any opinion? Thanks
  • #1,429
  • May 24, 2017 10:40am May 24, 2017 10:40am
Quoting 4fxonly
Hello. I've been following this thread for a while now. The indicators look interesting but what puzzles me is that I see very few losses reported, and also, although this was debated in some posts, the fact that, as far as I go back, no trade has ever been reported live. Forgive me, Bernhard, no negativity intended, but, since I see quite a few long duration trades, i.e. no scalps, the reason that people need to focus on trading rather than calling out trades seems a bit weak. Of course everybody is free to do what they want here, but you have...
This afternoon CAD STRONG..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 109 KB
Click to Enlarge Name: 2.png Size: 111 KB
Click to Enlarge Name: 3.jpg Size: 116 KB
  • #1,430
  • May 24, 2017 4:29pm May 24, 2017 4:29pm
Quoting orestebufalo
{quote} This afternoon CAD STRONG.. {image} {image} {image}
Thanks for your input, but showing your results when trades are closed has the same value as the other trades that were posted on charts, i.e. after the fact. I meant live trades i.e. at the moment they happen or minutes later. That, coupled with the reasons why trades are open and then closed, would be the way to show the effectiveness of the strategy. But probably it is too much to ask... I wonder why quite a few people who were praising it are not posting anymore and I also just noticed that Bernhard has a long list (42) of ignored people. Quite unusual... Unhappy customers maybe? If I can add 2c, from the past posts I have the impression that Bernhard might as well be a good trader, but here the problem is how many people are capable of duplicating his trading using the same indicators? Also no trial available... Quite a few questions marks...
  • #1,431
  • May 25, 2017 5:39am May 25, 2017 5:39am
Hi 4fxonly. I bought full suite of indicators from Bernhard 2 weeks ago. So... this set of indicators are really great... for proffesional traders. It only gives you currency pair and direction, but you have to trade alone. This is not complete trading system. Signals are come AFTER big candle close, not before. So if you have already good system for intraday trading, this can be great improvment if not, you should search something else.
  • #1,432
  • May 26, 2017 2:12am May 26, 2017 2:12am
Quoting 4fxonly
{quote} Thanks for your input, .........
If you would have read the whole thread and made your homework you would have found the answers to all your questions and a lot of live trades too if there is a daily trade. We all agreed that scalping cannot be posted live. Very important for a trader is to be undistracted. But there is no shortcut for lazy people. We do not make here a signal service for those. Trading needs to be learned and practiced.
You did not read the General rules for my thread in post 1. Who does not apply to it will be ignored without warning. This has been to me recommended by Forex Factory admin. This thread is for those who are using the trading system and the indicators.
The strategy is explained in all details and hundreds of trade examples, there is nothing more to say or add for the time being. That’s why there are not many more posts. For now, all questions have been asked and answered (not just ones).
About traders many who have joined, they are making money now and most of them do not have time for chat and forum. Only some beginners are asking the same questions again. Also, it is to mention that we are also active on another site.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,433
  • May 26, 2017 2:26am May 26, 2017 2:26am
Quoting astra
Hi 4fxonly. I bought full suite of indicators from Bernhard 2 weeks ago. So... this set of indicators are really great... for proffesional traders. It only gives you currency pair and direction, but you have to trade alone. This is not complete trading system. Signals are come AFTER big candle close, not before. So if you have already good system for intraday trading, this can be great improvment if not, you should search something else.
You are welcome astra.
But well... the indicators are also good for beginners if they are willing to learn real trading. The best start they can have while adding a real edge to its novice exercise. We do have successful beginners with us. It is better to learn the right things from the beginning than the need to unlearn things later and restart to learn again.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,434
  • May 26, 2017 5:18am May 26, 2017 5:18am
I did not post much about C-Volume because this thread was meant to be about currency strength but the indicator has shown recently a great help. I will let here a note because the volume is different to others. It is not the volume of a pair but the accumulated volume of an entire CURRENCY.

Advanced Accumulated Currency Volume

How to read C-Volume

Important is C-Volume for base and quote currency of the pair. Ignore the other 6.
C-Volume is not a lagging indicator. It gives an instant warning signal and spikes outside the range are not to be ignored.

  1. Do not trade on extreme high C-Volume outside of range band! It keeps you out of bad trades! Or trade the pullback.
  2. Do not trade on extreme low C-Volume outside of range band.
  3. Higher probability trades: Enter on rising C-Volume within the range band. Avoid trades on falling C-Volume.

In contrast to common volume, this indicator has a special formula and C-Volume can be used on a live candle. As long as the candle is open it will give an approximated value.

Attached Image (click to enlarge)
Click to Enlarge Name: C-Volume2.png Size: 55 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,435
  • May 26, 2017 5:49am May 26, 2017 5:49am
Quoting Bernhard
I did not post much about C-Volume because this thread was meant to be about currency strength but the indicator has shown recently a great help. I will let here a note because the volume is different to others. It is not the volume of a pair but the accumulated volume of an entire CURRENCY. Advanced Accumulated Currency Volume How to read C-Volume Important is C-Volume for base and quote currency of the pair. Ignore the other 6. C-Volume is not a lagging indicator. It gives an instant warning signal and spikes outside the range are not to be ignored....
Hi Bernhard,
just quick question regarding this nice new tool, how is meant Extreme High or Low here, just spikes outside of the band....or value. I marked some possible spikes see attached picture. Please clarify. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-05-26_12-43-47.jpg Size: 247 KB
  • #1,436
  • May 26, 2017 7:11am May 26, 2017 7:11am
Quoting teapeak
{quote} Hi Bernhard, just quick question regarding this nice new tool, how is meant Extreme High or Low here, just spikes outside of the band....or value. I marked some possible spikes see attached picture. Please clarify. Thanks {image}
These 3 spikes you marked are not really outstanding and high, yet we can see the price did not move further for the next 5-7 candles. Instead, the right one you marked pulled back for 10 candles.
You should have some experience with volume trading or VSA.
If price reaches a recent level (S/R or supply demand) with a high C-Volume it means there is a fight of bulls and bears and a pullback or reversal is expected.
If price reaches a recent level (S/R or supply demand) without a high or lower C-Volume it means there is no fight of bulls and bears and a break is expected.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,437
  • May 26, 2017 9:54am May 26, 2017 9:54am
Quoting 4fxonly
Hello. I've been following this thread for a while now. The indicators look interesting but what puzzles me is that I see very few losses reported, and also, although this was debated in some posts, the fact that, as far as I go back, no trade has ever been reported live. Forgive me, Bernhard, no negativity intended, but, since I see quite a few long duration trades, i.e. no scalps, the reason that people need to focus on trading rather than calling out trades seems a bit weak. Of course everybody is free to do what they want here, but you have...
Busy watching the market and making pips here. I have always been using Currency Strength in my trading such as 10.7 CSS, MegaTrend FlowMeter, CSM. Bernhard's is just more quantifiable and it is a system, not just an indicator. It gets boring after showing the same trade setup over and over. I am mainly trading M1, but not ignoring M5 and M15. Entry is always M1 - scalping if you will. That's not for everyone. Longer time frame gets you bigger fish. There is a saying, "Don't do what I do, do what I say". If you are not using ACS28 it is your choice and your loss in my opinion.

Yeah, I used to be in a Skype group and watched some seasoned traders calling out trades, entry, SL, TP. To me it was a distraction and did not help my trading. Forget that.
  • #1,438
  • May 26, 2017 10:39am May 26, 2017 10:39am
Quoting Bernhard
{quote} If you would have read the whole thread and made your homework you would have found the answers to all your questions and a lot of live trades too if there is a daily trade. We all agreed that scalping cannot be posted live. Very important for a trader is to be undistracted. But there is no shortcut for lazy people. We do not make here a signal service for those. Trading needs to be learned and practiced. You did not read the General rules for my thread in post 1. Who does not apply to it will be ignored without warning. This has been to...
Hi. What site is that? Never got that information. I have bought the CS28.
  • #1,439
  • May 26, 2017 10:47am May 26, 2017 10:47am
Quoting LFN
{quote} Hi. What site is that? Never got that information. I have bought the CS28.
Sent to you by email.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,440
  • May 26, 2017 11:04am May 26, 2017 11:04am
Quoting Bernhard
{quote} Sent to you by email.
Please send it to me also. Thanks.
2 traders viewing now