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ismael360

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  1. Like
    ismael360 got a reaction from lovebliss in fxsmooth indicator (Nice graphs)   
    Here you go Billionaire24
     
    http://www.4shared.com/file/exduEwPH/FXSmooth.html
  2. Like
    ismael360 reacted to hermes in Forex.TSD advanced,elite indicator pack   
    OK, I will give you simple but powerful strategy for RSI or RSX. Put RSI (2) on daily chart on all 6 US pairs. Then put lines at 90/95 and 10/5. Attach 200 SMA. If price over 200SMA only BUY if under 200SMA only SELL!
    If price stay for 3 consecutive days above 90/95 lines SELL, if price stay for 3 consecutive days below 10/5 BUY but look the 200SMA also. The higher over 90/lower below 10 the better! It builds pressure and will soon burst. Many times the pressure even cannot hold for 3 days and after 2 consecutive days it burst. The RSI histogram would show visually how much pressure is in the pressure cooker. And if with 3 days Alert, it would be divine.
    Another simple RSI strategy is: Buy when RSI(2/5) pointing up at 45 and Sell when diving back at 80 to 65.
    Cheers Hermes
  3. Like
    ismael360 reacted to hermes in Pip Accumulator   
    EAs are like wives! They spend your money recklessly.
    Hermes
  4. Like
    ismael360 reacted to e-Invester in MQL4 Education - Lessons with answers and indicators   
    Learn to program mql4 indicators as well as making your own EA.
     
    http://img80.imageshack.us/img80/8859/uploadvr.jpg
     
     
     
    IF you like it please say thanx![-O<
     
    http://[email protected]/folder/7FHcKWah/_online.html
  5. Like
    ismael360 reacted to Takingur in [N0nrepainting "UP xxx45" indicat0r]   
    Dear Robert, believe it or not, there are people on this site who would be willing to pay for a good system or indicator. My suggestion is… read the comments and concerns that came up in regards to your posts and answer them. If you can give a satisfactory explanation to the apparent discrepancies and post more pictures as you were asked, I am willing to purchase your indicator. And you should do something about the payment method… not very professional. Hope to hear from you.
  6. Like
    ismael360 reacted to fxeasy5 in X Chart Trading System by Xard777   
    meek,
    I made a PDF for you.

    http://www.multiupload.com/ZJS4YQ93IX
  7. Like
    ismael360 reacted to hermes in Chandelier exit indicator   
    http://www.freefxtools.com/holiday-gift/
     
    Watch the video and download the exit indicator. No more worry with exits or what?
    Cheers Hermes
  8. Like
    ismael360 reacted to ⭐ Ormazd in Potenz@FX   
    Hi everyone.
     
    Here's new indies from hxxp://[email protected]/potenz@fx/. Got them from another forum.
     

    http://[email protected]/file/wEXRJgZz/Potenz@_FX_Indicators.html
     
    Needs education.
  9. Like
    ismael360 got a reaction from Paranoid in GET - Must have one-click order entry scripts for MT4   
    http://www.forexfactory.com/showthread.php?t=281772
     
    The link to the creator of these scripts.
     
    "This plugin inspired by some great scripts / tools available on FF that make trading easier.
     
    I made this simple tool to give me the ability to specify sl/tp for new order by using mouse (dragging line object). Input sl/tp manually is a boring task, especially for lazy trader.
     
    It also monitor existing trade sl/tp, which means it will modify existing sl/tp and open price (for pending order) when it detected a different value between order's sl/tp and the corresponding sl/tp line object.
     
    Other feature :
    - lot size calculated automatically based on the specified risk.
    - a simple popup menu that allows you to quickly close an order based on ticket number
     
    Unlike most line object based trading tools, this program doesn't use EA for monitoring lines object every tick, or a script which uses continuous looping with certain delay. It detects mouse dragging activities (hence why it uses dll) and fire the necessary script. All script will return once its job (opening new order / modifying existing orders) finished.
     
    To use:
    - download attached zip file. this zip contains 5 scripts (EasyOrder...mq4) and one EasyOrder.dll
    - extract mq4 files to scripts folder, dll file to libraries folder
    - attach EasyOrder to chart where you want to open new order or modifying exisiting orders
    - you should only attach / run EasyOrder.mq4 scripts. Other scripts named EasyOrder_Draw, EasyOrder_Submit, EasyOrder_XXXX is companion scripts that will be run by
     
    dll, not to be run manually
     
    New Order
    - to prepare new order, click combo box that has text "New Order", choose Buy Stop (for example)
    - program will draw three lines, each of them are sl (red), open price (gold) and tp (blue). drag them to the required position.
    - click submit, read progress on alert window
     
    Modify SL/TP
    - drag SL/TP line
     
    Close Order
    - click Close button, you will see a popup showing the list of order's ticket
     
    Remove Window
    - Right click on any part of the order window, on the popup menu, choose remove."
     
    sangmane
  10. Like
    ismael360 got a reaction from freddy in GET - Must have one-click order entry scripts for MT4   
    http://www.forexfactory.com/showthread.php?t=281772
     
    The link to the creator of these scripts.
     
    "This plugin inspired by some great scripts / tools available on FF that make trading easier.
     
    I made this simple tool to give me the ability to specify sl/tp for new order by using mouse (dragging line object). Input sl/tp manually is a boring task, especially for lazy trader.
     
    It also monitor existing trade sl/tp, which means it will modify existing sl/tp and open price (for pending order) when it detected a different value between order's sl/tp and the corresponding sl/tp line object.
     
    Other feature :
    - lot size calculated automatically based on the specified risk.
    - a simple popup menu that allows you to quickly close an order based on ticket number
     
    Unlike most line object based trading tools, this program doesn't use EA for monitoring lines object every tick, or a script which uses continuous looping with certain delay. It detects mouse dragging activities (hence why it uses dll) and fire the necessary script. All script will return once its job (opening new order / modifying existing orders) finished.
     
    To use:
    - download attached zip file. this zip contains 5 scripts (EasyOrder...mq4) and one EasyOrder.dll
    - extract mq4 files to scripts folder, dll file to libraries folder
    - attach EasyOrder to chart where you want to open new order or modifying exisiting orders
    - you should only attach / run EasyOrder.mq4 scripts. Other scripts named EasyOrder_Draw, EasyOrder_Submit, EasyOrder_XXXX is companion scripts that will be run by
     
    dll, not to be run manually
     
    New Order
    - to prepare new order, click combo box that has text "New Order", choose Buy Stop (for example)
    - program will draw three lines, each of them are sl (red), open price (gold) and tp (blue). drag them to the required position.
    - click submit, read progress on alert window
     
    Modify SL/TP
    - drag SL/TP line
     
    Close Order
    - click Close button, you will see a popup showing the list of order's ticket
     
    Remove Window
    - Right click on any part of the order window, on the popup menu, choose remove."
     
    sangmane
  11. Like
    ismael360 got a reaction from SEFC in GET - Must have one-click order entry scripts for MT4   
    http://www.forexfactory.com/showthread.php?t=281772
     
    The link to the creator of these scripts.
     
    "This plugin inspired by some great scripts / tools available on FF that make trading easier.
     
    I made this simple tool to give me the ability to specify sl/tp for new order by using mouse (dragging line object). Input sl/tp manually is a boring task, especially for lazy trader.
     
    It also monitor existing trade sl/tp, which means it will modify existing sl/tp and open price (for pending order) when it detected a different value between order's sl/tp and the corresponding sl/tp line object.
     
    Other feature :
    - lot size calculated automatically based on the specified risk.
    - a simple popup menu that allows you to quickly close an order based on ticket number
     
    Unlike most line object based trading tools, this program doesn't use EA for monitoring lines object every tick, or a script which uses continuous looping with certain delay. It detects mouse dragging activities (hence why it uses dll) and fire the necessary script. All script will return once its job (opening new order / modifying existing orders) finished.
     
    To use:
    - download attached zip file. this zip contains 5 scripts (EasyOrder...mq4) and one EasyOrder.dll
    - extract mq4 files to scripts folder, dll file to libraries folder
    - attach EasyOrder to chart where you want to open new order or modifying exisiting orders
    - you should only attach / run EasyOrder.mq4 scripts. Other scripts named EasyOrder_Draw, EasyOrder_Submit, EasyOrder_XXXX is companion scripts that will be run by
     
    dll, not to be run manually
     
    New Order
    - to prepare new order, click combo box that has text "New Order", choose Buy Stop (for example)
    - program will draw three lines, each of them are sl (red), open price (gold) and tp (blue). drag them to the required position.
    - click submit, read progress on alert window
     
    Modify SL/TP
    - drag SL/TP line
     
    Close Order
    - click Close button, you will see a popup showing the list of order's ticket
     
    Remove Window
    - Right click on any part of the order window, on the popup menu, choose remove."
     
    sangmane
  12. Like
    ismael360 got a reaction from metal1713006284 in GET - Must have one-click order entry scripts for MT4   
    http://www.forexfactory.com/showthread.php?t=281772
     
    The link to the creator of these scripts.
     
    "This plugin inspired by some great scripts / tools available on FF that make trading easier.
     
    I made this simple tool to give me the ability to specify sl/tp for new order by using mouse (dragging line object). Input sl/tp manually is a boring task, especially for lazy trader.
     
    It also monitor existing trade sl/tp, which means it will modify existing sl/tp and open price (for pending order) when it detected a different value between order's sl/tp and the corresponding sl/tp line object.
     
    Other feature :
    - lot size calculated automatically based on the specified risk.
    - a simple popup menu that allows you to quickly close an order based on ticket number
     
    Unlike most line object based trading tools, this program doesn't use EA for monitoring lines object every tick, or a script which uses continuous looping with certain delay. It detects mouse dragging activities (hence why it uses dll) and fire the necessary script. All script will return once its job (opening new order / modifying existing orders) finished.
     
    To use:
    - download attached zip file. this zip contains 5 scripts (EasyOrder...mq4) and one EasyOrder.dll
    - extract mq4 files to scripts folder, dll file to libraries folder
    - attach EasyOrder to chart where you want to open new order or modifying exisiting orders
    - you should only attach / run EasyOrder.mq4 scripts. Other scripts named EasyOrder_Draw, EasyOrder_Submit, EasyOrder_XXXX is companion scripts that will be run by
     
    dll, not to be run manually
     
    New Order
    - to prepare new order, click combo box that has text "New Order", choose Buy Stop (for example)
    - program will draw three lines, each of them are sl (red), open price (gold) and tp (blue). drag them to the required position.
    - click submit, read progress on alert window
     
    Modify SL/TP
    - drag SL/TP line
     
    Close Order
    - click Close button, you will see a popup showing the list of order's ticket
     
    Remove Window
    - Right click on any part of the order window, on the popup menu, choose remove."
     
    sangmane
  13. Like
    ismael360 reacted to pipster3000 in GET - Must have one-click order entry scripts for MT4   
    Are you still clicking on New Order and then entering your stop loss and take profit manually?
     
    You're wasting a lot of time... try this: media***fire.com/?2b87iamzfik0qd3
     
    These go in Indicators > Scripts, to use them make sure experts are enabled and then just drag the buy or sell script onto your chart and the order is entered automatically and the stop loss and take profit are put in. After you're in the order, drag and drop the file SL-Tp move by mouse onto your chart, you'll see the red lines, click on the red lines to drag and drop your stop loss and take profit.
     
    Instructions to change the default stop and take profit and size:
     
    Open the file OrderBuy.mq4 in metaeditor, change the values as you see them in the green text (for 5 digit brokers add an extra digit), Now save as something else, ex: z_Buy , z_Sell (for easy access), be sure to save to indicator> scripts AND then click file > Compile.
     
    You can repeat the process and save different scripts if you trade different sizes or different stop/tp for certain markets...
  14. Like
    ismael360 reacted to PyeR2 in Gaptronic_V1.4   
    This is an unofficial share of my indicator that I have aptly named Gaptronic. My thanks and gratitude to another very active and extremely helpful member of this forum SoundFX who coded it for to my specifications.
     
    Discussions regarding my indicator began on page 26 in the thread below created by fxfxfx on price action.
    I consider my indicator to be complimentary to the content of that thread, however I didn't want to hijack 3fx's thread and have his thread turned into a discussion about my indi, hence this new thread.
     
    I urge you to read from page 26 of 3fx's Price Action thread.
    http://indo-investasi.com/showthread.php/13455-My-price-action-strategy/page26
     
    The reason I am stating this is an unofficial share is that my intention was to create a video and pdf on the use of Gaptronic as well as the accompanying Copy & Paste scripts. Due to my relocating I will not have time to do this for at least a month. People have been PM-ing to share, so I have decided to share it as is. Gaptronic works without error, however I have experienced some erratic behavior when using the Copy & Paste scripts. Sometimes they work perfectly, other times not at all.
     
    Brief instructions are included in the archive for download at the link below. More info on page 26 of the thread above, once again I urge you to take a look. I am sorry I don't have time for more comprehensive instructions. I will endeavor to update with info once my relocation is done and dusted.
     
    Gaptronic_V1.4 http://www.mediafire.com/?w7a585kpwjzeltm
     
    http://img851.imageshack.us/img851/6445/gapsept192011.gif
    Full size image here if you want a closer look. http://www.mediafire.com/?l70gi3tmc3yin
     
    http://img143.imageshack.us/img143/4984/euraudgap26092011.gif
    Full size image here if you want a closer look. http://www.mediafire.com/?s06e18u0mozumf5
  15. Like
    ismael360 reacted to mashki in Delta Graphic Director Forex Software   
    http://www.multiupload.com/5CKWJY79U0
    http://www.multiupload.com/XAFXGBBVIR
    http://www.multiupload.com/2FYW6YSXGX
  16. Like
    ismael360 reacted to hermes in Advanced ADX   
    I think no, but no idea! That one gives better indication than those traditional. You can still set lines 20 or 25 minimum for trades. I like it.
    Hermes
  17. Like
    ismael360 reacted to grisleback in Volume-scalper   
    Here it is, maybe a coder can look to see what it takes to make it work. FYI, it didn't work until he e-mailed me back after getting my account number and telling me it was set-up. I have no knowledge of MT coding so I'm not sure if it can be educated or not. Another note, the indicator ran all night and I didn't get one signal on the 3 pairs I had it running on. Will see what it does during the day. Also I switched to see if a 15min chart would generate better signals than a 5min.
    http://www.mediafire.com/?55obpua7md5twwm
  18. Like
    ismael360 reacted to fxeasy5 in REQ: AIMS Stress Free Forex Trading System   
    This is exactly my experience there too.
     
    The chat-room is a waste of time.
    Only ****** remarks and jokes and flattering like "Aims is great".
     
    But when you talk privately with members, they all admit that they still have no luck, they still have too many losing trades.
     
    Imran has been asked about how he filters that multitude of losing setups (valid setups according to the manual) and his answers can give you an impression what Aims is really about:
     
    1. You have to program your mind to think "positive", if you think "negative", you will fail to weed out the losing setups.
     
    2. Only when you are "tuned into the Universe", you will get the feeling and "knowing beyond knowing" when to take a valid setup and when not.
     
    It is an atmosphere compared to cults where you shouldn´t dare to make remarks against the guru because soon the devoted members will attack you because they feel the urge to "defend" their guru.
     
     
    And similar to all cults, if you don´t make profits with Aims, it is your own fault.
    You probably did not tune into the Universe enough and you certainly are too negative.
     
    About the method itself:
    There are some differences between the official e-book and how the Master is trading Aims himself.
     
    1. The e-book teaches to take all valid setups.
    Imran only takes those which the Universe is telling him to take.
     
    2. For the multitude of losing setups, you should start with a quarter of the normal risk.
    And you should close the losing trade before StopLoss.
    In some cases this is good, in others you just killed a trade which would have hit TP
    because the market turned around in the initial direction before SL had been hit.
     
    3. You never know when the good move comes.
    But you will only make profits with Aims if you add positions with higher lot-sizes
    when you think a move is started.
     
    Now imagine you lost about 5 trades already.
    Then the next setup seems to work and you would be at 1:1 risk-reward at take-profit level. If you close your initial trade there, you might miss the big move.
    Therefore you dare to open a second trade with double lot-size and keep the first
    trade open too.
    And bang, market reverses and you got to be fast to close both positions to prevent
    another loss.
    Then market turns around again but you are out and miss the big move.
     
    Is this "stress free trading" as advertised ?
     
    No way.
     
    So far I only know one member here who made profits with Aims, almost all others (including those in the member-forum) are still making losses.
     
    What is this telling you about Aims ?
  19. Like
    ismael360 reacted to freddy in REQ: AIMS Stress Free Forex Trading System   
    in the package given by Liamsi

    http://indo-investasi.com/showthread.php/14227-I_Trade_Aims?p=170276&viewfull=1#post170276
     
    purple line seems to be:
    MA
    Period:25
    Shift:15
    MA method:Smoothed
    Apply to:Median Price(HL.2)
    Style&color:your choice (in the template it is the yellow thick line)
  20. Like
    ismael360 got a reaction from sgsgsg in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
  21. Like
    ismael360 got a reaction from ⭐ deadsoul in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
  22. Like
    ismael360 got a reaction from CHiRiAAS in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
  23. Like
    ismael360 got a reaction from PIPHORE in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
  24. Like
    ismael360 got a reaction from forexi in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
  25. Like
    ismael360 got a reaction from ⭐ mr12323 in Xard777 Setups   
    ***TRADE LIKE A BOSS*** setup
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
     

     
    Here you go Indo. The Trade Like A Boss setup.
     
    Most of you who has used Xard's setup's before know that they are built for the MT4 system.
    Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
     
    The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
     
     
    BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
    The reason for this is becuase most pips are made while catching the trend.
     
    OK...Here goes..
     
     
    Inside the Oscillator window you will see the Range indicator.
     
     
    This is real easy to read...
     
     
    White line above top black line.... price going up
    White line below bot black line.... price going down
     
     
    Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
     
     
    The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
     
     
    Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
    This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
     
     
    Also the filter indy will help you decide if its a good time to get in.
    As a rule of thumb... do not trade against the filter indy... it is there for your protection.
     
     
    The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
    This way you can see the immediate higher timeframe as it is critical to your decision making process.
    Trading with the higher time frames is preferred.
     
    The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
    You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
     
     
    The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
    It is there as a confidence booster. Just watch it for a few days and you will see why.
     
     
    The indys help support each other in the whole decision process.
     
    Let me know what you think so far.
     
    And if you like what you see. Please give thanks.
     
    %5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
     
    Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
    I want the Range line to be facing up or down when it does it's cross.
    A Flat Range line is a weak signal.
     
    Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
    When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
    DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
     
    http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
     
    Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
    The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
     
    Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
     
    But as for me, I try to keep it as simple as possible.
    So what I look is how much price has moved across the murrey math map.
    I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
    So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
    Like a double or triple bottom.
    Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
    I'm now looking for the trend to change and go upwards
     
    On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
    I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
    So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
    The how point of this is to bag my first trade early to give me leeway to let the second run.
    This is just my style of trading, you should do what works for you.
     
    When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
    Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
    The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
    Again this is just the way I do it, so you should do how ever you feel confortable trading.
     
    I hope this help.
     
    Download here:
     
    http://www.sendspace.com/file/mxs6nd
     
     
    Ish
     
    p. s. Xard wanted me to thank those who help me find his book, regards.
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