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The "V" trading system

  • #201
  • Jun 9, 2017 8:31am Jun 9, 2017 8:31am
Quoting fapug1
Hello all, I have been trading a simpler and cleaner version of this method for quite some time now, and the results are great. I would suggest that when you look for a trade, make sure that the new trade setup is not inside of a previous setup. If so, go in the opposite direction of the current trade setup. EXAMPLE: If you are looking to go long, and you see that your trade is setting up inside of a previous setup, go short instead. Last month, I earned 20% trading this method. This method has merit. It is simple, uncluttered, and profitable.
Nice approach fapug1 , would you please share some charts to show how would a setup be inside of a previous setup.
BR
What goes up will come down...
  • #202
  • Jun 9, 2017 8:42am Jun 9, 2017 8:42am
Hello, This is a recent example. Please note the grey area extends from the previous long setup. Then the 2nd setup enters the area of the first. Note the drop that followed. I have seen the recurring pattern over and over again. I hope this helps. I have also placed arrows as a visual que.
Attached Image (click to enlarge)
Click to Enlarge Name: Inside previous trend.PNG Size: 12 KB
  • #203
  • Jun 9, 2017 8:52am Jun 9, 2017 8:52am
Quoting fapug1
Hello, This is a recent example. Please note the grey area extends from the previous long setup. Then the 2nd setup enters the area of the first. Note the drop that followed. I have seen the recurring pattern over and over again. I hope this helps. I have also placed arrows as a visual que. {image}
OK, I see what you mean , appreciate your input.
What goes up will come down...
  • #204
  • Jun 9, 2017 9:34am Jun 9, 2017 9:34am
Quoting sam68
{quote} Fantastic results Harpy!! Watch out for MM , also please share the link of myfxbook.com so we learn more about your experience
You're correct that the MM is a bit hot but my goal is to test at $1 a pip on a 10K demo and if everything's good for a while, use the same $1 a pip lots on a 50K live or, for me personally since I only have 5K for trading, use 10 cents a pip lots on a 5K live for cooler DD.

The myfxbook you wanted to see is below but this is only a variation of the V method on lower timeframes and, not the V method itself. The value of the V method for me is to filter which pairs to trade using a higher timeframe or, trading the V method by itself.

http://www.myfxbook.com/members/Harp...Thread/2144384

I think the V method would be most effective for me as a scalping method on all timeframes, including M15, M5, and M1.

The myfxbook to test the V method scalping is below but I haven't been active on it much. I plan to be more active with it next week so I would just check this one by the end of the week to see if scalping the V method on all timeframes is also good.

http://www.myfxbook.com/members/Harp...alping/2144388
It takes money to make money.
  • #205
  • Jun 9, 2017 12:09pm Jun 9, 2017 12:09pm
Quoting Harpy
{quote} You're correct that the MM is a bit hot but my goal is to test at $1 a pip on a 10K demo and if everything's good for a while, use the same $1 a pip lots on a 50K live or, for me personally since I only have 5K for trading, use 10 cents a pip lots on a 5K live for cooler DD. The myfxbook you wanted to see is below but this is only a variation of the V method on lower timeframes and, not the V method itself. The value of the V method for me is to filter which pairs to trade using a higher timeframe or, trading the V method by itself. http://www.myfxbook.com/members/Harp...Thread/2144384...
Hopefully will be done in the future , see post 150
sell after red dot below MA
buy after blue dot above MA
TP/SL handled by a trade manger incorporated within the EA
My regards
What goes up will come down...
  • #206
  • Edited 2:08pm Jun 9, 2017 1:40pm | Edited 2:08pm
Thank you for sharing this strategy, sam68! It seems to be promising and I am looking forward to demo trading this.

AC seems to be hitting that criteria for going short early next week... can you please confirm if it looks correct?

Green Pips & Best Regards
Attached Image (click to enlarge)
Click to Enlarge Name: AC.JPG Size: 197 KB
  • #207
  • Edited Jun 10, 2017 11:02am Jun 9, 2017 5:32pm | Edited Jun 10, 2017 11:02am
Whoever wants to do this, can further develop the indicator.
(MA is a Hull-Average)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily-VPatterns.png Size: 48 KB
Attached Image
Attached File(s)
File Type: mq4 smVSystem Patterns_v1.2.mq4   4 KB | 1,403 downloads
File Type: mq4 smHull Mavg.mq4   9 KB | 1,165 downloads
  • #208
  • Jun 9, 2017 8:20pm Jun 9, 2017 8:20pm
Quoting SwingMan
Whoever wants to do this, can further develop the indicator. (MA is a Hull-Average) {image} {file}
Thank you SwingMan, great work as usual!

Thanks for all you do!

G
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #209
  • Jun 9, 2017 11:11pm Jun 9, 2017 11:11pm
Quoting fapug1
Hello, This is a recent example. Please note the grey area extends from the previous long setup. Then the 2nd setup enters the area of the first. Note the drop that followed. I have seen the recurring pattern over and over again. I hope this helps. I have also placed arrows as a visual que. {image}
What criteria do you use to separate one setup from another? If we zoom out far enough, one trade setup will always be within the area of another.
  • #210
  • Jun 10, 2017 3:01am Jun 10, 2017 3:01am
Quoting kski
Thank you for sharing this strategy, sam68! It seems to be promising and I am looking forward to demo trading this. AC seems to be hitting that criteria for going short early next week... can you please confirm if it looks correct? Green Pips & Best Regards {image}
Hi kski, well spotted .

AC is showing a correct signal , also TDI has a nice hook to support going short .

BR
What goes up will come down...
  • #211
  • Jun 10, 2017 3:37am Jun 10, 2017 3:37am
Quoting SwingMan
Whoever wants to do this, can further develop the indicator. (MA is a Hull-Average) {image} {file}
Perfect , much appreciated SwingMan
Now we have two great visual aids

BR
What goes up will come down...
  • #212
  • Jun 10, 2017 6:07am Jun 10, 2017 6:07am
Thx SwingMan ! I'm missing the hull MA itself uploading the indi in post #207 ? Or I'm doing something wrong ?

@kski: Only, to make it easier - could you post the TDI + AC you use ?
  • #213
  • Jun 10, 2017 11:02am Jun 10, 2017 11:02am
Quoting DerBerliner
Thx SwingMan ! I'm missing the hull MA itself uploading the indi in post #207 ? Or I'm doing something wrong ?...
I thought that anyone has the Hull-MA or can find it somewhere.

I then post my proprietary Hull-MA in #207...
  • #214
  • Jun 10, 2017 1:12pm Jun 10, 2017 1:12pm
Quoting SwingMan
Whoever wants to do this, can further develop the indicator. (MA is a Hull-Average) {image} {file} {image} {file}
So is this like a signals indi or what?
  • #215
  • Jun 10, 2017 2:04pm Jun 10, 2017 2:04pm
Quoting SwingMan
{quote} I thought that anyone has the Hull-MA or can find it somewhere. I then post my proprietary Hull-MA in #207...
Thanks SwingMan,
I'm partial to the Hull average also, but how is it being used in this particular strategy? We're meant to go short when price is above the MA and more likely to go long when below?
  • #216
  • Jun 10, 2017 2:18pm Jun 10, 2017 2:18pm
Quoting sam68
{quote} Hi kski, well spotted . AC is showing a correct signal , also TDI has a nice hook to support going short . BR
Thank you sam68! We post feedback..

Green Pips and Best Regards!
  • #217
  • Edited 4:01pm Jun 10, 2017 3:37pm | Edited 4:01pm
Quoting clemmo17
...We're meant to go short when price is above the MA and more likely to go long when below?
I have no idea, have only programmed something for the visualization in the analyzes. Anything else can only @sam68 explain and interprete!

What you suggest is one of the possibilities, but I would take signals that converge with an MA trend.
An alternative would perhaps be to look at the peaks of the pattern lines like at classical fractals.
Attached Image
  • #218
  • Edited 4:40pm Jun 11, 2017 12:59pm | Edited 4:40pm
Next Week watchlist

 

  1. CADJPY - LONG
  2. AUDCAD - SHORT
  3. EURCAD - SHORT *
  4. CADCHF - LONG*

I am holding the EURAUD SHORT with +156 pips and trailing it since 6th June...

Green pips to all!

* is a high probability trade since price is above/below applicable MA
OP both of them , will update as week progress

Attached File(s)
File Type: docx Possible Setups for next week 12- 16 Jun.docx   1.3 MB | 423 downloads
What goes up will come down...
  • #219
  • Jun 11, 2017 1:33pm Jun 11, 2017 1:33pm
Quoting sam68
Next Week watchlist CADJPY - LONG AUDCAD - SHORT EURCAD - SHORT * CADCHF - LONG* I am holding the EURAUD SHORT with +156 pips and trailing it since 6th June... Green pips to all! * is a high probability trade since price is above/below applicable MA {file}
Thank you Sam68 & here are a couple other V set ups to consider this week...

G/U Short
A/U Short

On Daily TF
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #220
  • Jun 11, 2017 7:55pm Jun 11, 2017 7:55pm
Quoting sam68
Next Week watchlist CADJPY - LONG AUDCAD - SHORT EURCAD - SHORT * CADCHF - LONG* I am holding the EURAUD SHORT with +156 pips and trailing it since 6th June... Green pips to all! * is a high probability trade since price is above/below applicable MA OP both of them , will update as week progress {file}
Thank you Sam68
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