ismael360

Hey Master9357,
 
Cobra is a well know member of FF ( Forex Factory) he has a system which he does share. Plz find the link below... I have uploaded it for you to download if you have not yet acquired it.
 
Peace
Aussie_Pride;)
 
LINK: hxxp://www.4shared.com/file/AzdI-Dwy/V4_online.html

This is AwadisTeresh indicator:
http://[email protected]/?d=RO85H1ZN
 
I guess is the same indicator but you need to play with settings.

okay lads and lasses, after reading this thread i did a bit of digging (the things i do for you's lot)...
 
THERE ARE ONLY 7 RULES TO FOREX RENEWAL
 
#1 Draw a horizontal line on the open and close of the control candle.
#2 Draw an Eagle line for your session for confirmation.
#3 Wait for a signal candle - one that opens and closes above or below (with nothing touching) the Horizontal line.
#4 On the next candle, enter in the direction of the signal candle after 2 or 3 pips, set TP at 20, SL at 20 pips below the horizontal line.
#5 Don't trade between the 21ema and 60sma unless you see 20 pips available
#6 Don't enter a trade on the 60sma, wait for the price to break above or below
#7 Look at higher TF to see where you’re going.
 
TERMINOLOGY
 
1) control candle (the one with the high / low lines marked)
2) signal candle (the one that opens and closes without touching)
3) entry candle (the candle that passes high or low of signal candle by 2-3 pips, we enter the trade)
 
how do i know this....well i got into the FX Renew@l forum
 
hxxp://finance.groups.yahoo.c0m/group/RenewalSystem/message/319
 
319 messages (u can flick through them all)
 
here's some pics........ hxxp://www.screencast.c0m/users/GiveMeFatPips/folders/Forex%20Renewal%20Trades/media/f8400ba5-589a-4fdd-85c7-18a8b46ebb82
 
......:-bd

The megatrend system i have tried 1hr TF and the results ? Negative for me :(

Hi megainvest, I'm in financial trouble right now, but when I get my income tax return next month, I plan on buy the ea and subscribe to his service.
 
I'll then start a new thread and post his calls trade by trade for anyone interested,

Back up mirror for download :)
 

http://www.mirrorcreator.com/files/6MK0MLOG/Copy_And_Paste_Trades.rar_links

Here is a link to help you improve your pairs selection.
 

 
The strength meter is on par with the best commercial systems and the by far the best one available for free.

c0ng7u,
Is that a precondition for a 'Thanks'?....LOL....
 
This was meant to complement Waterskiguy's system/method, not as a buy/sell signal. In that context it acts as a filter for the buy/sell signals from Gann Hilo Activator Arrows and only on charts that have been screened for trend direction. But as you wished, I have modified it so Green/Red signals are only generated when both RSIs are above/below their respective zero lines or touching it.
 
hxxp://www.multiupload.c0m/11JNAN2P5Z
Update: http://[email protected]/file/4XVT5gkN/RumiRSI-mtf_2.html (see post #250
 
Enjoy!
Joseph
BTW, I don't claim perfection, so if others notice erratic behavior pls take a look, correct and share!

Please resist the notion to be carried away by a big lovefest.
 
I would hope this strategy works as much as anyone, but be realistic.
 
Suggest at least using a trading simulator like LFH with any strategy, including this one to "backtest".
It will at least give you rough idea of profitability.
 
If you are basing your opinion on a few days of trading you are headed for disaster.
Hear me now, believe me later.
 
Any strategy can do well for a considerable period and then nosedive, never to recover. Really. Take it from someone who knows.
 
Go back as far as you can with the best data available and forward test.
If you're not willing to spend the time and test then you've earned your losses, no sympathy.
 
The time is well spent; it's only time, not money.

http://www.mediafire.com/file/nmnmkrtczyf/Freedom%20Trades.pdf
 
This is his Freedom Trades book. I don't think this was shared yet...
 
Juicyt

Here it is:
[email protected]/N2X33FTQHN

Mirror for back up
 

http://www.mirrorcreator.com/files/IV8GFNFX/sidus_ori_template.rar_links

I notice a lot of people are concerned about how many pairs to have open running at one time due to their computer's resources.
 
Here is how I do the entire process.
 
1. Click on the tab "market watch" this opens all the pairs, instruments I have to potentially trade from, this should open up along the left hand side of your charting. You should see 15, 20 different pairs depending on your broker.
 
2. I open the very first in the market watch list make it a weekly chart attach the template you use. From here on each pair down the list I just "DRAG" it over to the first chart I already opened, the weekly. If the weekly chart does not have 3,4 bars which are trending, then I just go over to the next pair. So MANY of the pairs do not make it past the weekly chart.
 
3. If I find a pair I want to add to my watch list YES I do put it off to the side and re open a new chart for the next pair in the list and just continue the process down the market watch list. When all is said and done I might have maybe 3 - 6 charts open
all those other pairs did not make my own watch list and I don't want them open.
 
4. So YES you can go and open every chart in your brokers watch list but I only keep open the actual pairs that "make the cut".
This way I don't have a bunch of charts open using my computers resources or making things all cluttered on my end with what pairs am I actually watching/ looking for trade set ups.
 
From when I open my first chart on the weekly and go down through my brokers market watch list to creating my own watch list takes me about 5 mins. From here on I then spend a few mins on each pair in my own watch list do my analysis. Literally this entire process can be done in about 15/ 20 mins. I do it twice a day once when I awake and once in the evening.

Ok guys,
 
I've coded an indicator WaterskiguyScan which you can find here:
 

http://www.multiupload.com/DQPJCTS4N3
 
Run it on any chart and it will give a basic list of all pairs which are trending on the Weekly chart and also shows spreads.
 
If there are 3, 4, or 5 candles all with higher highs and higher lows then the list shows the Long candle count.
 
If there are 3, 4, or 5 candles all with lower lows and lower highs then the list shows the Short candle count.

soundfx has it right on the money or in this case "the trade", make sure ALL line up.
 
Example: of short trade
 
A. weekly has minimum 3 or 4 bars all making lower lows
 
B. go to daily make sure it all looks good - smooth def down trend - chances are it will be
 
c. go to 4hr chart look for pull back and arrow for short - YOU MUST wait for 4 hr candle to close
and it prints. we enter 2,3 pips BELOW the 4hr candle that just closed and printed the arrow. Use
sell stop order - never market order - we want the market to come through our order and fill us.
If the 4hr candle closes with arrow and we just enter at market and the market farts off the
opposite direction then we are in losing trade. Always make the market come to us to fill our trade
/order.
 
d. both rsi indicators must be red, with white line below the black line
 
Now .... even though this is a good method/system it is just a tool to trade/ enter the market.
 
How much you know in general about trading will determine how successful you are with this tool.
 
Things like how fluent are you at drawing trend line? Do you know your support/ resistance zones?
 
Do you REALLY see the correlation between the 4hr chart, daily, weekly? How they line up, the
flow and ebbs within each time frame?
 
Do you understand the relationship between whole numbers and how the market moves towards
and from them?
 
Not to complicate things BUT the above mention are just some of the very core principles that will
provide a frame work from which a person should be trading from.

Hi Guys,
 
I've just had a chat with waterski guy - many thanks to him for giving up his time to run through his system :)
 
Here are some additional points on trading the system which I gleaned:
 
1. Always wait for the 4H candle with an arrow on to close before considering entering a trade.
 
2. Never enter trades at market price, instead place orders to be triggered:
 
Shorts: Place a sell stop order 3 pips below the low of the closed 4H candle with a down arrow.
 
Longs: Place a buy stop order 3 pips above the high of the closed 4H candle with an up arrow.
 
3. Always set stops at swing high or swing low points from the 4H chart. Targets can be set at the outer levels of channels, or support and resistance levels. However, sometimes when price is entering new territory we won't know where to set the target, in this case set target 1 at the same distance as your stop to give a 1:1 risk/reward.
 
4. It is possible to set two targets, in which case you could close half of the trade when target 1 is hit and then let the rest run moving the stop to say breakeven+10 pips. How long you leave the trade running is up to you, however waterskiguy doesn't like too many trades running at the same time, so will close out most trades if they reach say 120 pips. An average target for a good trade using this system will be around 80 pips.
 
5. Only a handful of pairs will be trending enough to give us high probability entries, so it's worth going through all pairs in market watch first checking Weekly, then Daily for trends and if trends look good then checking 4H for a possible entry.
 
6. When you place a trade, resist the temptation to manually exit early - just let the trade run to your target or stop.
 
7. Waterskiguy checks his charts twice a day for opportunities - once in the morning and once before going to bed. This makes the system ideal for anyone who has a day job. It will take around 30 mins each time you check for opportunties, after then if you identify high probability trades you can place your "buy stop" or "sell stop" orders with associated targets and stops and leave the trades to run - a great "set and forget" system for busy folks looking to grow their account.

Sorry to correct you here, my friend. Found it!:)

http://www.4shared.com/document/boerdDHl/stikky_stock_charts.htm
 
By the way, thanks for your added comments. Thread becoming more and more interesting;)

If I may make a suggestion for those of you who are new or not that fluent at drawing trend lines this is a skill you will HAVE to learn regardless of your trading being indicator based or price action based.
 
Go to http://stikky.com/0003-stockcharts/0003-fulldetails.htm
 
This is a work book that teaches you how to draw trend lines properly. It's big print and looks like it's written with a crayon so when I came across it I knew it would suit me perfectly :-)
 
Plus even though it's many pages, 200 plus I was able to go through all of it in about 2,3 hrs.
 
It's a actual little book you will get in the mail or you can buy from a large book store IT IS NOT pdf file you will find online.
 
I think I paid about 7$ for it from amazon in the used section.
 
This is one of those rare gems that the value I received from it was 100 times the investment I made in it.
 
The examples in the work book are made on stocks but it all applies to any instrument one chooses to trade.

Trend determination -
 
Weekly - look for the last 3,4,5 candles to all be in the same direction, each one making new highs for longs or new lows for shorts.
 
Daily - after you find the weekly chart go down to the daily make sure it "looks" right, most of the time it will trending just like the weekly. On the daily chart you want to make sure that the last 15 - 25 trading days are moving in one constant direction, generally speaking. You want the trend to be smooth, smooth price action. Yes there will prob be a few retracements on this time frame but they will be small in size over all.
 
4hr - this is where we are hunting for a trade. We are looking/ waiting for pull back and a signal to trigger into the direction of the daily, weekly.
 
Stops should be placed 3 pips outside of last swing low for longs or last swing high for shorts.
 
People kind in mind that YOU don't determine your pip value or stop placement THE MARKET does.
 
Risk no more then 2.5% of your account value. So if you have 1000$ micro account your risk per trade starting out
until it is built up will be 25$.
 
If your stop is 25 pips away then your pip value generally speaking on us pairs will be around $1 per pip. If you stop
is 100 pips away then your pip value will be 25 cents.
 
Your stop amount in terms of pips will change with every trade just like your pip value what will not change is how much you risk on each trade .... always stays the same 2.5 %
 
READ THE BELOW OVER UNTIL IT SINKS IN .... it took me a long time to wrap my mind, head, thinking around the
statement.
 
------> YOU don't determine your pip value or stop placement THE MARKET does and the size of your account.
 
When you are starting out it's not about making money, that ONLY comes with experience, it's about getting good at acquiring pips. Once you get good at acquiring pips only then can you start to think about the $$.
 
Start small ie: micro account - if you can't trade penny or dime size pips to profitabilty then you certainly won't be able to trade larger size.

Take the PDF manual from here :
http://www.supertradersystem.com/library/Elite.pdf
 
Manual & Indicator :
http://www.megaupload.com/?d=6OCCQIHQ

latest planitus & wss idicators UPDATE REGULARLY
 
http://img339.imageshack.us/img339/6973/wss.gif
 
http://img31.imageshack.us/img31/1497/planitus.gif
 
hxxp://www.megauplOad.com/?d=BBMAWZ90

The Description . . .
The Three Line Break Indicator calculates columns just like the Three Line Break Charts. There are however a couple of advantages to being able to add TLB as an indicator on a chart. First, you can overlay the traditional bar data on top of the TLB data to see exactly where in time the reversals occurred and the amount of time that was spent in each column. Also, this provides the ability to apply all other technical indicators to PNF data, such as moving averages, reference lines, etc.
 
http://img696.imageshack.us/img696/8335/jurik1.gif
 
hxxp://www.multiupload.com/GAEET193DT

I guess I should post the rules for the method ...
 
1. weekly, daily, same trend direction
 
2. go to 4hr chart look for signal to form in the direction of the weekly, daily
 
3. the rsi histogram must b green and white line above the black line for longs
 
4. the rsi histogram must b red and white line below the black line for shorts

http://alphatrader1.files.wordpress.com/2011/01/screenhunter_02-jan-01-09-40.gif

OK, after hours of searching, I found what we need for this 3c_JurX indicator and I agree it is special! Just slightly better than the FIP Line (HMA 15 period).
 
First I recommend deleting the indicator if you've already downloaded it from Johnkayode2010's post. It won't work with the downloads I'm providing you (I tried that so I know).
 
Download and place/extract all the following files into your experts/include file:
 

http://www.mediafire.com/?bcheu1525hjubmi
 
Then download and place/extract all the following files into your experts/indicators file:
 

http://www.mediafire.com/?q7mpaag7q5p1qv4
 
and you're done. I personally prefer the 5,0,0,0 settings and I'm still keeping the HMA15 on the chart but I agree this indicator is EXCELLENT. It's gonna be a Very Happy New Year, My Friends... Cheers !