costaeli Posted August 30, 2011 Report Share Posted August 30, 2011 Hi chandu, Tks. for your Good explanation. As the soundfx said above, a good method to look Reversals and Expansion. Great work my friend chandu1713006579 1 Quote Link to comment Share on other sites More sharing options...
francisfinley Posted August 30, 2011 Report Share Posted August 30, 2011 I recommend to use powerlevels from copy with this system. As someone mentioned earlier they can be very useful to set TP/SL. Today eur/usd chart: http://www.4shared.com/photo/19-Rwew6/forex_powerlvls.html where can we find these power levels? is it an indicator? Quote Link to comment Share on other sites More sharing options...
⭐ Polleczko Posted August 30, 2011 Report Share Posted August 30, 2011 where can we find these power levels? is it an indicator? Yep, its an indicator. But U have to register first. Read more here: http://indo-investasi.com/showthread.php/9491-Power-levels-trading Quote Link to comment Share on other sites More sharing options...
soundfx Posted August 30, 2011 Report Share Posted August 30, 2011 Hi Guys, I didn't quite get costaeli's algorithm correct for calculating the pivots, here's the correct version (I hope!): http://www.multiupload.com/D3BNFTB48B forexi, psaini1973, Marchello and 3 others 6 Quote Link to comment Share on other sites More sharing options...
costaeli Posted August 30, 2011 Report Share Posted August 30, 2011 Hi soundfx Again, Thank you my friend. You are perfectly correct. If you look at these levels, you'll find that these levels are very strong. Thanks. soundfx 1 Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 I think when we obey those rules,probability already lies >20 or <-20,but not sure.I need to pay more attention for prob.Any way I will post all my observations. Thanks. Hi chandu, Thanks for your explanation. That's interesting how you've split your trading into two different styles depending on whether trades are taken in the main session or not. In both cases (from 9-18 GMT and 19-8 GMT) you also look for probability to be >20 or <-20 ? Your 9-18GMT method is essentially the same as we're following, however the 19-8GMT method is aiming to predict reversals rather than trade with momentum. This is a good plan as the Asian session often ranges - it will only come unstuck in those relatively rare occasions where the Asian session heavily trades EURUSD and we see some big trending moves. Great work :) soundfx and ⭐ musketeer 2 Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 Thanks my friend..Hi chandu, Tks. for your Good explanation. As the soundfx said above, a good method to look Reversals and Expansion. Great work my friend Quote Link to comment Share on other sites More sharing options...
Danny Posted August 31, 2011 Report Share Posted August 31, 2011 Hi Guys, I didn't quite get costaeli's algorithm correct for calculating the pivots, here's the correct version (I hope!): http://www.multiupload.com/D3BNFTB48B Thank you very much for your count less effort. Quote Link to comment Share on other sites More sharing options...
⭐ musketeer Posted August 31, 2011 Report Share Posted August 31, 2011 I have observed an interesting correlation between the Master Probability reading/ ALL TF Master Probability and the currency strength meter If you take the time to observe the two side-by-side, you will notice that once the Master Probability AND ALSO the ALL TF Master Probability reading gets above a output of 35-38. The currency strength meter is also showing readings between for the Euro at 8+ against a USD reading of 2 or less indicating strength and that a breakout may be imminent. Keep your eyes on this event it seems to be a very good trading opportunity; you can also try and test it with a fractal breakout, or even with volatility stops. But is an exercise in futility once the reading from the Master Probability and ALL TF Master Probability builds up to the levels I've described above and the currency meters reads with the numbers I've listed which in essence is a five point spread between the two readings. The move from what I have observed over the time span that I have mentioned breaks out with lots of momentum. Hi German, can you explain which currency strength meter you mentioned? And also which pairs are in your focus measuring the euro and the usd...? Thanks! Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 New trades soundfx, dhinesh89 and psaini1973 3 Quote Link to comment Share on other sites More sharing options...
psaini1973 Posted August 31, 2011 Author Report Share Posted August 31, 2011 (edited) Chandu u r going great guns... love to c u r making nice pips with the help of ur indigenous system that u have developed and most importantly u shared it with all of us... Sharing the results will make more n more people read this thread and use this system... Chandu also post the screenshot of ur trade results, "A picture is worth a thousand words" Edited August 31, 2011 by psaini1973 chandu1713006579 1 Quote Link to comment Share on other sites More sharing options...
psaini1973 Posted August 31, 2011 Author Report Share Posted August 31, 2011 (edited) Hello Everybody, i just made $ 501 in Sell Trade in USD/CHF 1 Min TF.. so this proves that this system can also be used in 1 Min TF with proper MM... Took this trade in "NO NEWS ZONE." I think i am done 4 the day as imp. news are coming in the next 3-4 hrs, don't wanna risk my hard earned money Download From the link below and watch in full screen of ur pc or scroll down to watch here only http://img856.imageshack.us/img856/2403/eur3.jpg "A picture is worth a thousand words" http://img856.imageshack.us/img856/2403/eur3.jpg Edited August 31, 2011 by psaini1973 soundfx 1 Quote Link to comment Share on other sites More sharing options...
raw79 Posted August 31, 2011 Report Share Posted August 31, 2011 Visit this profile: http://yoopips.com/index.php/505-skypips/profile A lot of new, never seen Trading Systems, EA's and ebooks Enjoy! ;) Stop this spam! Nearly all threads are full with this! Quote Link to comment Share on other sites More sharing options...
vikram88 Posted August 31, 2011 Report Share Posted August 31, 2011 Hi Psaini Well done Have PM you kindly reply Quote Link to comment Share on other sites More sharing options...
costaeli Posted August 31, 2011 Report Share Posted August 31, 2011 Hi psaini1973, was a good trade excellent good luck friend psaini1973 1 Quote Link to comment Share on other sites More sharing options...
Guest Raitis Posted August 31, 2011 Report Share Posted August 31, 2011 Stop this spam! Nearly all threads are full with this! Spam? I tell you where you can download useful systems.... that's it!!! Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 Hello friend,I already shared the screen shot. ThanksChandu u r going great guns... love to c u r making nice pips with the help of ur indigenous system that u have developed and most importantly u shared it with all of us... Sharing the results will make more n more people read this thread and use this system... Chandu also post the screenshot of ur trade results, "A picture is worth a thousand words" Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 Good...keep it up..Hello Everybody, i just made $ 501 in Sell Trade in USD/CHF 1 Min TF.. so this proves that this system can also be used in 1 Min TF with proper MM... Took this trade in "NO NEWS ZONE." I think i am done 4 the day as imp. news are coming in the next 3-4 hrs, don't wanna risk my hard earned money Download From the link below and watch in full screen of ur pc or scroll down to watch here only http://img856.imageshack.us/img856/2403/eur3.jpg "A picture is worth a thousand words" http://img856.imageshack.us/img856/2403/eur3.jpg Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted August 31, 2011 Report Share Posted August 31, 2011 (edited) New quick one scroll and look at the last portion of the image Thanks. Edited August 31, 2011 by chandu freddy 1 Quote Link to comment Share on other sites More sharing options...
psaini1973 Posted August 31, 2011 Author Report Share Posted August 31, 2011 Chandu thats ok.. but we all are still waiting 4 the screenshots of ur account history so as to see u took these trades and how much profit u made.. u got my point.. Quote Link to comment Share on other sites More sharing options...
vikram88 Posted August 31, 2011 Report Share Posted August 31, 2011 Hi German, Ok - you've convinced me that we need to improve on these parameters :) I've changed the parameters as follows: "== Arrow Determination ==" ArrowMACDx - Draws arrow when MACD main crosses MACD signal ArrowMACD0 - Draws arrow when MACD main crosses the 0 line ArrowProb - Draws arrow when probability reaches one of your defined levels ArrowMACDxProb - Draws arrow when MACD main/signal crosses and then subsequently probability reaches one of your defined levels ArrowMACD0Prob - Draws arrow when MACD main crosses 0 and then subsequently probability reaches one of your defined levels We have a similar bunch of options for Alerts. I've removed the "Real-time" option as that's potentially confusing. Whenever we calculate arrows which are in any way associated with probability then by default we will be in "real-time" mode and the arrow history and boxes will only start being drawn from the time you add the indicator to the chart. If you want to see historical boxes and arrows immediately then set either ArrowMACDx or ArrowMACD0 to true and leave all the probability based arrow settings to false. I've not been able to test all options, though here's the new version if you want to try it out: http://www.multiupload.com/3RML9A4XE9 Hi Soundfx Have downloaded and using the indicator However I dont understand the settings MACDapplyto in the settings The default is 0 Also no mention in the document the settings Is the default correct Thanks Quote Link to comment Share on other sites More sharing options...
soundfx Posted August 31, 2011 Report Share Posted August 31, 2011 Hi vikram88, The "apply to" settings are just numbers which relate the to the applied price in the indicator, we want to use close price, so the default is correct: 0 = Close Price 1 = Open Price 2 = High Price 3 = Low Price 4 = Median Price: (High+Low)/2 5 = Typical Price: (High+Low+Close)/3 6 = Weighted Close Price: (High+Low+Close+Close)/4 axl 1 Quote Link to comment Share on other sites More sharing options...
vikram88 Posted August 31, 2011 Report Share Posted August 31, 2011 Thanks Just made 30 Pips Short EURUSD Closed manually Quote Link to comment Share on other sites More sharing options...
⭐ stav01 Posted August 31, 2011 Report Share Posted August 31, 2011 Hi SoundFX, and thanks for this great system. I am wondering if it would be an enhancement to use zero-lag MACD rather than the standard one? It will give earlier entry without being too early. Also, is it possible for the indicator to show the 1 hour probability when in the 5 minute timeframe? I am assuming buffers are preventing this at present, but maybe we could sacrifice the 30 minute? I think that the 1 hour probability is important. Thanks. Quote Link to comment Share on other sites More sharing options...
vikram88 Posted August 31, 2011 Report Share Posted August 31, 2011 Hi Psaini1973 Wow well done Can you share which settings you are using for alert/arrow Thanks Quote Link to comment Share on other sites More sharing options...
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