liamsi

grump : 4tpl is for 4hr chart. 1 tpl is for 1 hour chart. once u apply template to 4hr chart all the indicators should plot that is if u copy all the indicators to indicators folder. once u loaded template click for day chart then click back to 4hr chart. see previous post for rules. your chart should look like mine otherwise u are not doing something right. pallada vq1 is on window 3 line with arrows. follow numbers on attached chart.http://www.4shared.com/photo/xSoxkeH-/4ej_bs_and_why.html

color bars on 4hr are heiken aishi

 

1. sell broke SSL(lime) downtrend confirmed when prices went below daily TE(white line)

initial stop at ssl or highest high

2. exit when low exceed magenta line

2. buy price broke ssl

now 1of 2 things can happen here gets to white line and comes back down or keeps going up.

it kept going up uptrend confirmed.

3.exit when yellow line touched

4. sell when prices broke ssl

now 1of 2 things can happen here gets to white line and goes back up or keeps going down.

it came down to white line and went back up uptrend still intact

once u realise this exit short

5. buy break ssl prices going back up should retest highs

6.exit at yellow line

6. sell break of ssl also broke white line confirmed downtrend

7. exit at magenta

7 buy break of ssl

8 exit uptrend not confirmed white line holding

8.sell break ssl

9 exit at magenta

10 buy break of ssl target magenta

if prices keep going up magenta line will also go up

it may even touch yellow line

 

arrows buy and sell X exit

indicators on 2nd and 3rd window confirms enties and exits

2 window ssl breakout

i hope this helps

watch it for a week and u should get feel for it.

this is a 4hr method use 4hr chart the 1 hr template is there should u want to use it for entries and exits

i prefer 4hr chart

see latest 3 week chart

http://www.4shared.com/photo/3m3xzDrs/4ej_with_notes.html

http://www.4shared.com/file/wZ1DlcZE/v4_final_version.html

hereis a slightly enhanced version.

charts template indicators 4hr eurjpy.

also included a 1 hour template.

 

rules are simple

buy or sell when prices break SSL (lime line) most of the time.

notice how it breaks ssl but then has resistance at daily trend envelope (white line)

when it breaks both ssl and daily te the trend has changed.

target is either when it gets close to weekly envelope (magenta) or prices go past it after refreshing.

or if prices break ssl in opposite direction.

u are currently long from 124.40-50 target 126.58 or higher stop at 123.60.

 

i missed the move due to illness, but there will always be other oppurtunities.

 

u really don't need the indicators in window 2 and 3.

 

and watch for fakeouts. sometimes it will break ssl then go right back up.

u r up 130pips on this move already

on the really big moves follow the daily te

the best thing to do is go back to the author and ask for charts going back 5 days and on each day he must mark his entries. we know stop is 60 pips. we target is 60 pips . lot sizes and why. that should help.

thanks for sharing

3 other ea's they have russian tiger, ATM and das capital.if u speak russian please check it out for us

thanks

anyone that speak russian can u please check this out for us. the results are phenomenal.

3 other ea's they have

eurjpy euroyen

on the zls make sure fixed min =0 fixed max 100 long trades only if smoother ma >50 so it says buy when stoch is below 20

http://www.4shared.com/file/hDOKKNi1/4ej.html

we exited short trade at 123.30 not bad 300+pips

now we are long at 124.37 the daily TE white line may resist if not magenta where my current target is as it goes higher i will adjust take profit.

this method is methodical as well as logical

by exiting at magenta lines when breached after refreshing we are maximizing profit.

currently only being used on eurjpy.

thanks bro recd

please provide ea thanks

liamsi

Please guys stop badgering forexnexus. when he is ready with an improved version he will advise us. I am sure we can trust him to inform us when the next version will be out and how it performs. He is most definitely entitled to charge for it as it is his blood sweat and tears that have gone into developing it. I am sure we can trust him to say its a moneymaker. there are 2 ea's Nexus and Nexus by fx-emit which one is yours Forexnexus? We look forward to the new ea coming out. Please hurry!

http://www.4shared.com/photo/wMovoV2V/4ej_dots3.html

latest chart

1st question are prices breaking SSL(lime line) ? 2nd question:is it a retracement to daily TE?(white line)

or break daily trend env

if retracement it should retest highs or lows

and to exit break of SSL

if break of daily TE new trend beginning

the daily will change only if daily price closes below TE

 

3rd question wheres my initial stop

either SSL or highest pivot

 

4th question where to exit

either magenta line or yellow line when it touches or breaks after refreshing

its rather simple when answering these 4 questions

this should now complete the 4hr method

i will post charts with updates

http://www.4shared.com/file/BpN64Kqk/4dot2.html

latest chart with indicators. 4hours

buy when it crosses ssl (lime line) up and or ssl mtf changes from red to aqua (2nd window)

sell when it crosses ssl (lime line) down and or ssl mtf changes from aqua to red (2nd window)

sometimes u can get in 1 bar earlier when aroowappears and market momentum changes color.

market momentum does repaint 1 maybe 2 bars.

the trend envelope (daily white) , weekly (magenta), monthly(yellow), all tell u probable exit points and potential trend reversal points.

 

heiken aishi. in uptrend if it changes from white to red it indicates either a retracement trade or trend reversal.

if it is a retracement trade it will change back to white a good time to add positions.

 

most of the ssl crosses are good there are a few u dont want to take especially when forming a top or bottom. go back on your charts look at every ssl cross and see which you wont take

see feb 26 - mar 4 also check out downtrend from jan 12 to jan 29 see how daily trend envelope kept u short.

 

today i am waiting for lows to break low magenta line to exit , stop at ssl

 

one pattern u should look for a cross above top bands then a retracement to it, vice versa for bottom bands. again see feb 26 it broke yellow line then went up and reversed right at the yellow line.

 

even yesterdays high broke yellow line then retraced to yellow line then came down u had two retracements to yellow line before coming down.

currently demo. will be going live shortly. ssl is lime line or use ssl mtf setting 6 when it changes color u enter a trade. will post indicators and template shortly with rules

Ismail,

 

Thanks for the setups. I think we should stick to 4H but just add more pairs and that way we will have many more setups but still comfort of swing trading. Did you test your setup on all other pairs to see if it looks good or is it optimized for EJ only at this time?

 

try eurusd it seems to fit. you may need to adjust ssl

Latest 4hr chart photo with all indicators dispalyed old and new.

http://www.4shared.com/photo/ljJ-f2ID/4ej_dots-all.html

the envelopes tell u where prices are likely to turn or reverse trend.

let me finish 4hr setups then we shall tackle 1 hr and 30 min

here is a 4hr chart latest that has both old and new however this one one does not have the monthly weekly or daily envelopes.

http://www.4shared.com/photo/tsPot0gb/4ej_dots.html

another approach - more mechanical called dots in honour of SEFC

time frames 30 min, 1 hr or 4hours

http://www.4shared.com/file/odlBK9zv/dots.html

 

SEFC dots set the trend . each time frame will have its own Dots setting.

the smaller the time frame the larger the dot setting

We know that the dots can give false signals therefore we need to confirm

 

we then use market momentum to enter

when dot signals up - trend up

we then buy on first aqua histogram

sometimes the histogram will turn aqua first then u have to wait for dot to appear

play around with dot settings

exit when histogram turns red.

 

vice versa for sells.

 

i have two settings for dots usually one around 8 on chart and the other longer

 

will post charts showing buys and sells and exits give me a little time

broader picture of what is happening;

http://www.4shared.com/file/g_h_nILF/broader_picture.html

ssl 4hr trend, white daily trend, magenta weekly trend and yellow monthly bands

can u see where tops and bottoms are likely to occur?

will post more charts later with notes

i only trade eurjpy 4 hr. this is a 4hr system.

 

http://www.4shared.com/file/ztmpNQjM/rules.html

 

what we are attempting to do is sell at weekly topband magenta and exit at weekly bottomband.

prices dont always go in a straight line.

and vice versa.

sometimes market in a strong downtrend we go with the flow.

 

apply template1 see how prices go from top to bottom and bottom to top

after studying this chart and getting the concept weekly bands with ssl

apply template2

study this chart then apply next template3

study it

then apply template4.

 

charts are also included in this package.

 

i assure you if u get the concept of how prices are moving and why, u can make a comfortable living.

 

all entries are break of ssl - target bottom or top weekly band

i will try and post more charts.

with explanations

but pay attention to tops and bottoms of weekly band and wait for confirmation to enter

 

also understand that the weekly band is dynamic and will shift with prices.

u are looking for lows to exceed the bottom band and highs to exceed upper band

enjoy.

for those of u who want to try it on other currencies be my guest the concept and application should be the same. u may want to adjust the ssl

some of u may have downloaded v4 i repalced it found ssl indicator that plots seperately and easily recognisable. use LB 6 or 7 . easier on the eyes SSL_fast..... indicator

updated tpl 4hr chart with indicators and chart.

i am trying to simplify as much as possible

i think you will like this

the arrows are all automatic

 

http://www.4shared.com/file/jYffiHxo/_2__ismails_4hr_method_version.html

When trading this EA use ONLY the 5 minute chart. Do a back test optimization once a week when the spread is low. Set the start date from 2 weeks back and the end date to the current date. The optimization period needs to cover at least 8 to 10 trading days. Don’t forget to download the latest 5 minute history data before starting your optimization!

 

same as mt4 programming EA needs to be optimized. the results u looking at are optimised after the fact.

don't waste your time

the ea is called Overunder v1.2 same thing search this forum u will find it

Vlad: 30 min and 15 minute give too many false signals but use the 1hour template and adjust ssl