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(binned per thread starter’s request) Simplified Indicators by DR

  • #61
  • May 30, 2017 7:21am May 30, 2017 7:21am
Quoting manuoz
First entry was already shown, the second one is a re entry after pullback on support. I could have close both now, but will see how it goes... {image}
The break of a higher low of AUDUSD Can be reversal sign for the down movement. As i allso working on a Dashboard for LowerHigh and HigherLow Breaks that will shared later. Usually before a complete trend change it can range for a bit.
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Take it easy.
  • #62
  • May 30, 2017 7:46am May 30, 2017 7:46am
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Take it easy.
  • #63
  • May 30, 2017 7:54am May 30, 2017 7:54am
with basic understanding of HH, LL .... and s/r , your indis give us many ways of trading entries and opportunities.
For now i mainly use them as confirmation.hope soon we could find accurate alone trigger instead of confirmation
  • #64
  • May 30, 2017 7:59am May 30, 2017 7:59am
Video is coming soon
Take it easy.
  • #65
  • May 30, 2017 8:02am May 30, 2017 8:02am
Quoting Quants
{quote} Ok lets see , I will post a video tomorrow. - You can use all indicators. i wanted to share several good indicators to make them user friendly and i just feeding with information how they can be used.. Instead of giving an ea i wanted to discuss how one EA Should be.. Instead of giving an system i wanted to explain how systems should be created.. That is the only way you can built your own trading approach and learning to create own systems
Please put which indicator and what it does , and how to use it. And a template.
  • #66
  • Edited 8:22am May 30, 2017 8:12am | Edited 8:22am
Quoting shimmering
{quote} Please put which indicator and what it does , and how to use it. And a template.
Hi, There is a template on a first post and indicators
i made several posts about indicators and what they do.

I did allso give specs about the indcators in first post .

Lets see if i have time today will try to upload a video about why i am doing this thread and what is the real purpose...

I will rewrite first post so people can understand the main objective here...

Its not a Plug and make profit system.. I am just trying to show the process of a system development.. Step by step with simplified Indicators.
Its flexible , I will explain a bit more , Lets wait the video.
Take it easy.
  • #67
  • May 30, 2017 10:57am May 30, 2017 10:57am
My previous AUDUSD trades close TP at + 20 pip, i stopped earlier because for BUY trades, HL was broken down

A new trade just entered now on RSI level 0 cross+ s/r cross (around +20 pip for now...)

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  • #68
  • May 30, 2017 11:12am May 30, 2017 11:12am
Quoting manuoz
My previous AUDUSD trades close TP at + 20 pip, i stopped earlier because for BUY trades, HL was broken down A new trade just entered now on RSI level 0 cross+ s/r cross (around +20 pip for now...) {image}
Nice where is your DAVG Ultimate on chart ? put that too

I finished video btw uploading.
Take it easy.
  • #69
  • May 30, 2017 11:15am May 30, 2017 11:15am
i will put it on LOL but on M15 its use is much more difficult than in H1. i have to study more on it and looking for other settings that suits better m15 charts
  • #70
  • Edited 4:59pm May 30, 2017 12:45pm | Edited 4:59pm
Video updated on first page The link in the video have nothing to do with me i guess its video recorder..

Anyway i hope after this moment the purpose will be clear here..




trade well , cheers.

PS.. I see after some time video starts lagging with voice and my voice comes earlier than the visual ir emoved this one untill i have a time for a new one , sory for that.

Trade well bye.
Take it easy.
  • #71
  • May 30, 2017 2:11pm May 30, 2017 2:11pm
I saw an opportunity to enter Long after price topping up while making Higher Lows. Entered Long on break of resistance line..then waited hoping to see RSI Ultimate confirming with a green signal, which fortunately happened will exit trade when RSI ultimate MA goes negative
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  • #72
  • May 30, 2017 2:14pm May 30, 2017 2:14pm
Had some time today and had a play with the different indicators, Nice way I see to make use of it is, use DAVG and WAVG as your trend both most be red or green then use the RSI ultimate only at the opposite extreme, so in example they are red so down, we short every Green extreme and TP at first Red extreme.

Just an Idea, as I see there isn't to many contributors! Best of luck
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  • #73
  • May 30, 2017 2:15pm May 30, 2017 2:15pm
Quoting josh11
Had some time today and had a play with the different indicators, Nice way I see to make use of it is, use DAVG and WAVG as your trend both most be red or green then use the RSI ultimate only at the opposite extreme, so in example they are red so down, we short every Green extreme and TP at first Red extreme. Just an Idea, as I see there isn't to many contributors! Best of luck {image}
Hey josh !! Looks nice a good idea , Thanks !!

Quoting dragos_
I saw an opportunity to enter Long after price topping up while making Higher Lows. Entered Long on break of resistance line..then waited hoping to see RSI Ultimate confirming with a green signal, which fortunately happened will exit trade when RSI ultimate MA goes negative {image}
Well catched trade
Take it easy.
  • #74
  • May 30, 2017 2:18pm May 30, 2017 2:18pm
GU now
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  • #75
  • May 30, 2017 2:35pm May 30, 2017 2:35pm
Quoting josh11
GU now {image}
I guess its a nice idea , That would be good if there is allso some protection with stop loss..

Maybe the MA Level or DAVG Direction change can used for it.. I like the idea of taking profit when RSI BAR Back in to main dir from pullback..
Take it easy.
  • #76
  • May 30, 2017 3:17pm May 30, 2017 3:17pm
Quoting josh11
GU now {image}
Hi Josh, good idea. How about letting the trade run a while.
My help is in the name of the Lord who made heaven and earth.
  • #77
  • May 30, 2017 3:29pm May 30, 2017 3:29pm
@josh11

Intersting concept, but perhaps a bit too risky for me, have to see more in history

@Quants

Great thanks for your video, your explanations on DAVG and WAVG are so useful and instructive !
  • #78
  • May 30, 2017 3:34pm May 30, 2017 3:34pm
Quoting Albertdkpllh
{quote} Hi Josh, good idea. How about letting the trade run a while.
During my personal back testing, it's the most reliable incase of change in trend!!

You can hold longer but where would you TP?

Will test live this week and see how it goes
  • #79
  • May 30, 2017 3:35pm May 30, 2017 3:35pm
Quoting josh11
{quote} During my personal back testing, it's the most reliable incase of change in trend!! You can hold longer but where would you TP? Will test live this week and see how it goes
My biggest doubt was entering on a scary waterfall
  • #80
  • Edited 4:02pm May 30, 2017 3:48pm | Edited 4:02pm
Quoting manuoz
{quote} My biggest doubt was entering on a scary waterfall
Yes this type of approaches always needs kind of protection for the moments trade goes wrong dir , there should be kind of an exit ideology or super percise high WR With wide pockets
Exit idea can be discussed without keep adding on every new bar as at the end it can blown account and things can go terribly wrong..

Or just some protective stop loss if the history looks beautiful

According to josh's exit theory and adding on ultimate bars..

As we follow the Main Trend of DAVG and WAVG.. In worst case loose might be taken at the change of DAVG and WAVG Colours.. So can protect from terrible drawdowns and blowning accs..

Then it can be something with percise entries.. As we see RSI Ultimate pullbacks already look beautiful any many moments..

But as all the other thins we are coming to the key answer..

IF No enough testing , No one knows , No one can say.
Take it easy.
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