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ismail's 4h method EJ (combination ripper, boom, explosion


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http://www.4shared.com/file/246816695/4cf47423/ismails4h_method.html

 

This method uses Forex Ripper, Explosion and Boom.

and my channels

when the arrows show up look for confirmation that the trent has changed

trend down: down arrow, red dot, red x, super trend red

trend up: up arrow, aqua dot , aqua x, super trend blue

optional S & R i am using 30 risk. reduce the risk and it appears more frquently.

be aware of false signals

trendenvelope white sets long term trend. see how many times prices bounced off the trend envelopes.

note also how 5ema channel holds prices, suuport in uptrend , resistance in downtrend.

 

wait for bar to close before taking reversal trades as dots may change color.

stops are placed 5-10 pips above or below bar with arrow.

this is a long term trading method 2-3 signals a week

watch for long term trend the envelope will keep u long or short.

 

If u have another reliable indicator that verifies direction of arrows please let me know.

Excercise patients when using this method.

Exits and entries i leave to your discretion.

enjoy.

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Re: ismail's 4h method EJ (combination ripper, boom, explosion

 

http://www.4shared.com/file/247196247/a155d223/mod_4ej.html

slightly modified screen shot included

eliminated nonlag ma from chart and added trend envelope for current tf

once u apply template go back and check your chart.

watch what happens in uptrend how low 5ema holds prices most of the time. and vice versa.

rather than going back start from today and see how trend has changed going up

possible scenarios 1)it keeps going up 2)tests 1440 envelopes than goes back down

u almost always get a reaction at 1440 trend envelope.

a new up trend is indicated by prices going above 1440 te

right now it broke 5ema high it may go higher or it might retrace to low 5ema

if it retraces close to low 5ema it would be a good buying oppurtunity. target 1440 te.

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Re: ismail's 4h method EJ (combination ripper, boom, explosion

 

one more adjustment sorry my mistake i forgot.

http://www.4shared.com/file/247648655/5403a9a8/_2__mod_4ej.html

sometimes prices will retrace to trend envelope other times it will fall short like today that is why we have mtf 1440 2 high and low lwma.

exit should have been 122.60 +- 5pips

attached new template

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  • 2 weeks later...

http://www.4shared.com/file/256401765/d171d337/ismails_4hr_method_version3.html

 

updated version 3 now includes 1hour template.

 

when yellow crosses above green trend up.

buy either on cross or wait for pullback to green line

exits use daily pivots or itarget

 

4hr wait for dot the crosses of grren line has 3 trends weekly daily 4 hour

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based on the charts results are great. swing trades use 4hr charts. intraday trading use one hour charts.

we have the trends right at this point. i need to work on entries and exits. and reason for entering and exiting the trade.

then we will have a complete package. the dots on 4hr chart compliments to SEFC. will show false signals therefore we need a confirmation.

thanks for the reps

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4hr update3

 

Heres an update with entries exits and how to spot tops and bottoms when entering use ssl as stop on 4hr. Also 1hr template enclosed enter on retracement to ssl for daytrading. Thanks for the 5 star.

http://www.4shared.com/file/258985823/491402e/ismails_4hr_method_update.html

in an uptrend prices will retrace to mid bollinger (10 ema) or SSL line or trend envelope.

pay attention to magenta bands see how prices reverse.

This is your holy grail u cant get any better than this.

In congested are feb 28 to mar 4 it was making a bottom u than trade daily and weekly band c how it bottomed at magenta line.

please note these are dynamic moving averages and can change asit makes anew top or bottom.

enjoy.

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Hi Ismail,

 

Thanks for the system it looks promising so far. Can you post the latest version with all updates as I don't have the arrows that you have in your screenshots only red blue dots and everything else. Would your setup also work for all pairs or at least like fx boom pairs for gbp/usd gbp/jpy and eur/jpy? And do you have more ideas about entries and exits besides the breakout of magenta line?

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http://www.4shared.com/file/c2bkgL6n/charts.html

latest charts.

the arrows are place by me when to enter and exit.

short when prices cross below ssl when trend down buy when prices cross above ssl trend up

see the charts 4hr exit when prices go below magenta line

this down move netted 340pips

u can use 4hr for trend and 1 hour for entry and exits

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Great job liamsi, Thank you!

 

It would be much appreciated, if you could please provide rules for entry and exit. Although I got a general idea about some of the indicators, I could not figure out real importance of them!

 

Thanks a million!

Edited by smurf43
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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

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