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

[favoured111]

good. and very good. Keep us posted please

Thanks

[butter143]

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

 

hi liamsi, thanks for the system, i've gone thru the thread, the system looks promising. i tried downloading the rules as you posted but its not available .can you pls repost. i'm getting somewhat lost with all the updates made so far.

[litxus82]

Ismail,

 

Can you post your latest setups as system looks good but getting a bit too cluttered lately. Thanks.

[⭐ liamsi]

another approach - more mechanical called dots in honour of SEFC

time frames 30 min, 1 hr or 4hours

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

 

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

the smaller the time frame the larger the dot setting

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

 

we then use market momentum to enter

when dot signals up - trend up

we then buy on first aqua histogram

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

play around with dot settings

exit when histogram turns red.

 

vice versa for sells.

 

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

 

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

[⭐ liamsi]

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

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

[⭐ liamsi]

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

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

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

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

[litxus82]

Ismail,

 

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

[⭐ liamsi]

Ismail,

 

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

 

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

[litxus82]

Ismail,

 

Can you tell me how to go about the optimization process for each pair? SSL is that color MA?

[litxus82]

Ismail,

 

If you can please post your latest setups (tpl and indis) as it changed per your last picture. And are you live with this system so far or demo?

[⭐ liamsi]

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

[⭐ liamsi]

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

latest chart with indicators. 4hours

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

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

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

market momentum does repaint 1 maybe 2 bars.

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

 

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

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

 

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

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

 

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

 

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

 

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

[⭐ liamsi]

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

latest chart

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

or break daily trend env

if retracement it should retest highs or lows

and to exit break of SSL

if break of daily TE new trend beginning

the daily will change only if daily price closes below TE

 

3rd question wheres my initial stop

either SSL or highest pivot

 

4th question where to exit

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

its rather simple when answering these 4 questions

this should now complete the 4hr method

i will post charts with updates

Edited April 17, 2010 by liamsi

[marg]

Great work, Ismail. Your indicators and logic are clear. I'm looking forward to trying out the template on other pairs, still H4 though as I like that time frame too.

Eleanor

[Pizzazz79]

Ismail, it looks interesting, I will test it out, which pairs to use? thanks

[⭐ liamsi]

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

we exited short trade at 123.30 not bad 300+pips

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

this method is methodical as well as logical

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

currently only being used on eurjpy.

[Pizzazz79]

there is one indicator missing in the zip file you uploaded,

 

Cannot open file 'C:\Program Files (x86)\Go Trader 5 MT4\experts\indicators\Sefcdotpasangan.ex4' on the EURJPY,H4

 

please upload the indicator "Sefcdotpasangan.ex4"

 

thanks

[Starting]

there is one indicator missing in the zip file you uploaded,

 

Cannot open file 'C:\Program Files (x86)\Go Trader 5 MT4\experts\indicators\Sefcdotpasangan.ex4' on the EURJPY,H4

 

please upload the indicator "Sefcdotpasangan.ex4"

 

thanks

Was posted in early packs.

Here it is:

http://www.multiupload.com/ITBETN7OR0

[johnkhoogw]

Hi liamsi,

 

Your method is great. Are you using the envelope to filter off false signal (ranging market) as you only trade with the envelope? How come you long? Did i misunderstand your concept?

 

Hope you will come out with your Risk Management (SL,TP,TS) as well. Did you choose the TP using the envelope as well?

 

Lastly, Great Job and Thanks for sharing your great system. Hope to hear from you soon. =)

 

Cheers.

 

John

[pipfighter]

Hi liamsi,

 

Your method is great. Are you using the envelope to filter off false signal (ranging market) as you only trade with the envelope? How come you long? Did i misunderstand your concept?

 

Hope you will come out with your Risk Management (SL,TP,TS) as well. Did you choose the TP using the envelope as well?

 

Lastly, Great Job and Thanks for sharing your great system. Hope to hear from you soon. =)

 

Cheers.

 

John

 

Hi Ismail,

 

Great system! I'd also like to hear how you choose TP, SL etc..

 

I tried this:

1st target 50 pips = 1/3

2nd 100 pips = 1/3

and last 1/3 just moving SL following the SSL Line until the it hits the stop or at the weekly envelope.

 

I'm not sure if this is the best method. Thought about moving stop to BE at 1st target but then I missed most of the long trends hitting the stop too early.

 

waiting to hear some comments...

 

Thanks.

[⭐ liamsi]

eurjpy euroyen

[vaselon]

hi

where i can download last indicator and templete???

[Guest Forextra]

Hmm first than you for your time on this. I downloaded the last pack you gave ,plus the 1 indicator on this page. However my set up is missing the lime line on the 4h?

thanks

randy

[johnkhoogw]

Hi Ismail,

 

Great system! I'd also like to hear how you choose TP, SL etc..

 

I tried this:

1st target 50 pips = 1/3

2nd 100 pips = 1/3

and last 1/3 just moving SL following the SSL Line until the it hits the stop or at the weekly envelope.

 

I'm not sure if this is the best method. Thought about moving stop to BE at 1st target but then I missed most of the long trends hitting the stop too early.

 

waiting to hear some comments...

 

Thanks.

 

Great idea pipfighter, For me today i set SL:100 TP:100 TS:50 and hit my TP. Currently, +100pips in account. Maybe we can start putting out results here with all our Risk Management.

I believe the other way is SL:BreakEven at 100pips+ and Let it run with TS:50.

 

Hope to see more ideas.

 

Cheers.

[⭐ liamsi]

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

hereis a slightly enhanced version.

charts template indicators 4hr eurjpy.

also included a 1 hour template.

 

rules are simple

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

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

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

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

or if prices break ssl in opposite direction.

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

 

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

 

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

 

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

u r up 130pips on this move already

on the really big moves follow the daily te