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Seven Summits Trader

iqofgenius
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musketeer Newbie

musketeer

Posted
Posted (edited)
Here is the latest v 1.7 for MT4 educated. I also included the Range Bars for MT4 script as well. I have been feverishly looking for a manual on this system but so far have found none. Hopefully someone will post one.

 

hxxp://mir dot cr/0D82LYBX

 

range bars are different... they are based *only* on PA - every movement(swing) of N pips/ticks generate a new bar

since SST's based are just counting how many time quotes come

so, range bars are equal and are time independent

and tick bars are *not* equal and are time independent too

but still they have *big* difference

Edited by musketeer
spelling (as I can) :)
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SpacyTrader Newbie

SpacyTrader

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http://img403.imageshack.us/img403/7287/sst17eu5min.gif

 

http://img403.imageshack.us/img403/7287/sst17eu5min.gif

 

here are today's triggered setups - leading aqua star(cross) is for long, extremes in stops and limits are with snow trend line

and leading red star (cross) is for short

 

 

And people call this a good system ? It indeed looks like a great system to trade in reverse.

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fscrp Newbie

⭐ fscrp

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Take your pick from n3tpick systems: Just need to search threads here for edu. versions but here is source.

hxxp://sst.n3tpicks.com/_indicators/ *****7 summits trader

hxxp://hvmm.n3tpicks.com/_indicators/ *****high velocity market master

hxxp://ust.n3tpicks.com/_indicators/ *****ultimate swing trader

hxxp://umt.n3tpicks.com/_indicators/ ******ultimate market trader

 

Have you by chance run across the one day swing trade indicators? I tried changing the prefix on the url to odst, odt, etc. but didn't have any luck

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musketeer Newbie

musketeer

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I do prefer to get these values more visible on the chart, so I've changed the settings. Look @img

 

the indies are from there: 

 http://indo-investasi.com/showthread.php/10065-Top-Rated-%28creme-de-la-creme%29-Expert-Advisors?p=122342&viewfull=1#post122342

 

becoz there is no manual, I've just track ... what I see

IMO Kappaforex may tell a lot more about! :) He is welcome to explain more since he is trading that.

 

 

 

http://img221.imageshack.us/img221/569/sst17gu1hdec20.gif

 

http://img221.imageshack.us/img221/569/sst17gu1hdec20.gif

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swordfish Newbie

swordfish

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I do prefer to get these values more visible on the chart, so I've changed the settings. Look @img

 

the indies are from there: 

 http://indo-investasi.com/showthread.php/10065-Top-Rated-%28creme-de-la-creme%29-Expert-Advisors?p=122342&viewfull=1#post122342

 

becoz there is no manual, I've just track ... what I see

IMO Kappaforex may tell a lot more about! :) He is welcome to explain more since he is trading that.

 

 

Ok. Those fish eyes are TP levels. The squares are SL levels. Not sure how to use SST_Incr, but good enough for now.

 

This EA from Pava may help you execute trades. Draw a trend line where the star is. Rename the trend line to SS for sell stop or BS for buy stop. Once triggered, it will place a SL and TP. You can adjust these levels by dragging them on your chart.

http://www.multiupload.com/PF69DLQGS0

Edited by swordfish
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huuu Newbie

huuu

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I do nothing with range bars. Just put all SST indies on the chart, open the data window and you will see all described by the names. Actually I trade only these entries by CalcLong and CalcShort. - SST_LEntry, SST_SEntry

 

Actually this system can be easily managed with the Magic Stick EA as well and will try this over the next few days on demo and report back. Thanks for the heads up on this system.

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fscrp Newbie

⭐ fscrp

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From watching some of the videos, you go by the most recent signal. So, if you have 2 red stars and no trade has been triggered yet, you update and use the most recent red star as your entry point.

 

I haven't demoed this system yet, but I would move the SL to break even once you hit the first target and close part of the order.

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musketeer Newbie

musketeer

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Musketeer,

 

Are the arrows in the SST site the same as Stars in your charts?

How do I convert bar charts to 233-tick charts?

 

Are the arrows in the SST site the same as Stars in your charts?

sorry, do not know - i did not watch the site

 

How do I convert bar charts to 233-tick charts?

do not know that too... the script provided there is for range bars not for ticks bar...

 

all my attention was initiated by kappaforex from 

 http://indo-investasi.com/showthread.php/10065-Top-Rated-%28creme-de-la-creme%29-Expert-Advisors?p=122201&viewfull=1#post122201

 

Hi traders, have been reading this thread. As far as im concerned i only trade manually using technical analysis and pivots. The best system i have come across by far is called the sevens summit trading system which gives you points of entry. The accuracy is by far the best i have seen and is making me money. I have tried these EA's in the past and have burned my life accounts. Any EA that has a SL of 100 or 200 and TP of 10 is ridiculous and will surely blow a hole in your account. I use the ADX indicator together with the SST pivots and Fibs which gives you great entry points to make 40-50 points a day which is great, Check out the SST guys. Dont waste your time on BS EA's all total crap. The only ones who make money are the affiliate marketers who should be blacklisted from the net altogether,

 

Ill put it this way. If i had an EA that was making me tonnes of money why on earth would you go out and sell it for $79 $60 whatever.....???? Cheers

Edited by musketeer
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teknomage Newbie

teknomage

Posted
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Hi musketeer, what exactly did you alter to change the indis to display stars instead?

 

@ swordfish: I dont understand how the constant range bar chart is supposed to be useful when it's not real-time... the instructions say that it should be displayed as an offline chart. Please let us know how you setup and use/interpret the chart?

 

And yes, I do believe this system can be turned into an EA

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musketeer Newbie

musketeer

Posted
Posted (edited)
I do prefer to get these values more visible on the chart, so I've changed the settings. Look @img

 

the indies are from there: 

 http://indo-investasi.com/showthread.php/10065-Top-Rated-%28creme-de-la-creme%29-Expert-Advisors?p=122342&viewfull=1#post122342

 

becoz there is no manual, I've just track ... what I see

IMO Kappaforex may tell a lot more about! :) He is welcome to explain more since he is trading that.

 

 

 

http://img221.imageshack.us/img221/569/sst17gu1hdec20.gif

 

http://img221.imageshack.us/img221/569/sst17gu1hdec20.gif

 

Hi musketeer, what exactly did you alter to change the indis to display stars instead?

 

@ swordfish: I dont understand how the constant range bar chart is supposed to be useful when it's not real-time... the instructions say that it should be displayed as an offline chart. Please let us know how you setup and use/interpret the chart?

 

And yes, I do believe this system can be turned into an EA

 

Hi Teknomage,

the only alter is showed in that post - just made bold line on star/cross

In the videos from the site, they did not use range bars... they did use ticks bars... count of N ticks is equal to a bar, no matter how long (time) and when the price is. Just N coming ticks forms the bar.

Range bars are proclaimed to be useful to avoid ranging/noise. But they are formed only of the price. No matter when (time) and how many ticks coming. The bar is formed only of the price. And nope, they are real-time, even they they are constructed over offline charts - especially that script is the only reliable for MT4 and it works correctly...

But it is not based on developer's idea...

But who knows - we may experiment with.

So far I've used only on pure 1H chart - and for these few days i may say that green pips coming with it. There was some interpretation by myself... but seems it almost may fit for me....

Edited by musketeer
spell
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swordfish Newbie

swordfish

Posted
Posted (edited)
Hi musketeer, what exactly did you alter to change the indis to display stars instead?

 

@ swordfish: I dont understand how the constant range bar chart is supposed to be useful when it's not real-time... the instructions say that it should be displayed as an offline chart. Please let us know how you setup and use/interpret the chart?

 

And yes, I do believe this system can be turned into an EA

 

Musketeer is correct. Constant Range bar is real time. There is still a time scale at the bottom, unlike tick bar charts. One constant range bar may take 5 hours or 5 min to form. Steps are revealed in the video: 1) save a template for all SST indicators, 2) open up an M1 chart and drag the script (constant range bar) on to the chart; change parameters if you wish, 3) open up an M2 offline chart and load the template.

Good to watch it for a while to see if this offers any advantages.

 

My first impression by scanning through entries and stops is less whipsaws using a constant range bar chart.

 

"LReversal" or "SReversal" signal is faster than "LEntry" or "SEntry" signal. Also, make sure you take the "re-entry" signals as well.

Edited by swordfish
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