jdsim1
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Posts posted by jdsim1
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Jdsim,
Was the manual supposed to be included? If so, pls reupload as I'm not exactly sure how to use this indy. TIA! :-)
There is no manual. Do some research on pivot points and trading support and resistance lines. The indicator is pivot points based on fibonacci ratios. The theory is when price reaches one of these lines there will either be a bounce from this line or a breakout through it.
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dear friends please find the uploaded indicator and compare it to his entries..its even better..but use his rolls IF the market is stable and no important economic reports. ....Forex is simple isn't it?
maybe my understanding of fibonacci pivots is wrong but i believe the calculation for r1 and s1 are incorrect in this indicator. I believe the calculation should be
S1 = Pivot - 0.382 * (H - L)
R1 = Pivot + 0.382 * (H - L)
I have decompiled and modified the indicator to reflect the change. You will notice in the original version the r1/s1 are extremely close to r2/s2. Again I may be incorrect in my assumptions but this is the way I understand the calculations
hxxp://www.multiupload.com/MDN56Z51R6
If someone can get the manual calculation section to work that would be appreciated then it can be used for weekly, monthly, 4hr calculations and so on
- Red_Bull and ⭐ deadsoul
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http://www.multiupload.com/E28JKTDYET
multiple versions - a couple with alerts if I remember correctly.
Good luck with this one. I tested it quite a while back and it seems to have very late entries and extremely late exits. I would suggest some other exit option
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Anyone have info on "One Day Swing Trades" system from hxxp://ultim@[email protected]/blog/
set and forget style of trading
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nobody? mainly looking for the rsipaint indicator if anyone has it
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Anyone testing alerts on ZUP I am getting Russian alerts on all Versions ie ZUP 92C And C2
92c gives me perfect english alerts. Even if for some reason its not the russian part of the alert doesnt mean anything other than "there was a pattern on" - you can still read the currency and timeframe. so even after the alert is given you still have to go to the chart whether its in english or russian.
Try removing all zup indicators from your indicators folder and only putting in 92c. Then compile the indicator again and see if that helps. Sometimes Mt4 can be a little quirky
here is my screenshot showing the english alerts using the same 92c_2 posted in #66
hxxp://www.multiupload.com/QL56PA5AEV
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Hi Thanks for the zup92C However small problem majority of the alerts are not as per Elemental Trader Can Ea be modifified to alert only as per Elemental Trader webinar Thanks
zup92c with same settings as elemental
hxxp://www.multiupload.com/YXMCTGRZ5P
- slyman, ylidor, rpasupathy and 2 others
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Is posted in the thread
version 337 is posted in the thread. The new version is 341A which is supposedly much more profitable than 337. Anyone have this to share?
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Thanks for this advice. There are so many parameters in the indicator and not knowing what each means I am not keen to change anything without some advice.
Are you able to set an alert like email alert when the pattern first forms? I guess it is really when the PZR first appears?
This would be very useful.
Withmuch appreciation.
scroll towards the bottom of the settings
extalert = true
extplayalert = true
there is an email option there as well.
you wont hurt anything by experimenting - just change an input and see what it does - if you mess it up remove the indicator and attach again :)
if you want something that is a better indicator in my opinion head over to tradingarsenal.com and pick up korharmonics. It shows many other patterns such as head and shoulders / triangle formations/ batman /3drives /5-0/ 121. Basically any chart pattern you would ever need. Of course you can disable or enable the ones you dont want to use plus it comes with an emerging pattern identifier, alert, email , etc. Very nice indicator. Best of all its free
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heres the system very simply...
when the red box and pattern occur - measure from a resistance point higher than the box for a short trade to point B which is your target (middle point of pattern) ....this is your range
divide your range by 2
now add that number to your target - your first sell trade must be above this number to achieve a 1:1 risk reward ratio
they recommend scaling in to the trade at higher values before your stop loss to achieve a better overall average price but still using the same stop loss.
heres an example: Bearish Butterfly spotted.
Top of PRZ zone = 1.5000
Nearest Resistance above PRZ (or you can add some number of pips - it just needs to be above the zone) = 1.5025
Target point B = 1.4900
(SL) 1.5025 - (TARGET) 1.4900 = 125 pips
125/2 = 62.5
so your first entry must be >= 1.49625 to achieve a 1:1 risk reward
if the price moves against you then you can look for other opportunities in the prz zone to place sell orders.
I hope this helps. They offer the tradefinder for $350 per month which I can see its usefullness if you want to solely trade this method - if you buy the system they offer it for $99 per month for life after the first year. The first year is included in the price. I think you would be better off paying a coder to create one for you at a much reduced cost.
thats the only thing worth 2 cents in what they are offering in my opinion
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Thank you for this.
It is working wonderfully except there is an extra green line. How do I get rid of this?
Are you able to program as dashboard like their TRENDFINDER?
With much appreciation.
http://img715.imageshack.us/i/zup92b.jpg/
i can change some coding around but I cant do a big project like that. I am still learning.
Go into your settings and set vectorofamirrortrend = 0
also you can set equilibrium=false
that will clear up the chart a little more
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Thanks a lot for Zup 92 indicator, I noticed there are 2 version of them (92 and 92B) do you know what is the different between them?. They actually charge almost 2K for the package but this indicator alone is the bone of the whole system
92 and 92b are the same but 92b has the same settings as elemental trader - same just different settings
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You Guys,
If the indicator crash on MT4, then all you need to do is change the expiration date back to 2030-2035 range instead of 2099. It will works for sure Cheer :)
you dont need to use elemental trader - educated with a some BS date code in it. Use the zup92 indicator I posted, its the same exact thing that these scam artists are selling. Forget this crap about changing the date code to a certain timeframe to make it work
These knuckleheads are charging $1197 for the package of some books and this indicator. It's free - use zup 92 as it has all the bells and whistles including alarm and no expiration date and it doesnt have all the inputs locked. Thats all these cheeseballs did is lock the inputs and now are going to try and sell it to you
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and here is the super secret IVAR indicator they use at the bottom of the screen on the videos...again freely available
this is used on fxgroundworks youtube videos - not on elemental trader
hxxp://www.multiupload.com/LJYH52K13S
- sovereighn57, FreddyFX, noone22 and 3 others
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ok ....
most indicators are ripoffs of freely distributed indicators that traders like us come up with and develop in open source forums. Take elemental trader for example - it is the freely distributed indicator ZUP with some different settings and some settings removed like the alerts so then you can get some super secret upgraded version. I believe they will just be charging a membership fee to teach you how to use the indicator effectively, but honestly with just a little research and study you can easily find out how to use this indicator. It could be worth the money if you want a mentor approach, I dont know. However, you dont need some secret decompiled version thats educated when its freely available for the taking.
It's ZUP92, and I have made zup92b to copy the elemental trader settings for you and included them both in this file. The main difference is the ZZ settings. Include all indicators in the file to your mt4/experts/indicators folder
hxxp://www.multiupload.com/5HIGPVSW60
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Link seems to be broken, debabs will you please re-upload version 2? Thanx in advance...
hxxp://www.multiupload.com/74MTBKFCME
version 2
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its blacklisted #46.
To use the indicator you need the activated dll with serial, which is unable to be educated to this point
600 pips a day!
in Trading Systems and Strategies
Posted
After some research on his posted trades this is the conclusion.
Fibonacci pivots - calculated from 0 GMT
when price reaches r1 - sell with 25 TP and stop just above R2
when price reaches s1 - buy with 25 TP and stop just below S2
Thats it - all there is to it. Input the data in the Daily fibo indicator for the day before you see his trades. For example if his trades say 7/21/2010 then input the high/low/close for 7/20/2010 and you will see his trades match exactly with the fibonacci pivots.
If you look hes running his sl at least 2 times his TP making the system very risky long term in my opinion. I agree with the above posters that this is an obvious scam.