Price Patterns(Gartley,Butterfly,Bat,...) - page 108

[Sergey Golubev]

I am finishing trading GBPCHF.

Bullish as expected by HWAFM pattern tools (at least for lower timeframes).

[Sergey Golubev]

Thanks chrisstoff,

I will test it tomorrow.

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- HWAFM tool for Metatrader 5 is here;

- How to instal - read started from this page till this one

- How to instal HWAFM tool for Metatrader 5 for Windows 7 : read this page till this one.

- Trend Scalp system for M1 timeframe for Metatrader 4 to be used together with HWAFM tool for Metatrader 5: public version and elite section version.

- how to trade using HWAFM patterns tool for Metatrader 5 and Trend Scalp system for M1 timeframe for Metatrader 4 in the same time :some trading examples/trading statements/results started from this page till this one; explanation about trading styles - read this post; explanation about Maksigen indicator - read this post.

- semi-automatic method of trading by EA: idea originally came from this page till this page; Original version for semi-automatic trading is 10p3v0.0321 EA; The new version for semi-automatic trading is 10p3v0.0331 EA: download from this post with the explanation - the user can select between MACD or TrandScalp strategies.; 10p3v0.0321_1 EA to be used together with Trend Scalp system for M1 public version with no re-enters is on this post and same but improved version (10p3v0.0321_2) with re-enters is on this post (use/download 2 indicators from previous 10p3v0.0321_1 version/post).

[matfx]

HWAFM for GBPUSD. I'm watching the H8 chart of GBPUSD, price possible to break 50% fibo level of AD @ 1.6162. Trend still bullish.

[matfx]

HWAFM tool for EURUSD.

All patterns still showing bullish trend in middle term, price retrace from 50% fibo of AD point, H4 chart. From the price action it is possible it will try to break the 50% fibo level @1.4262.

[Gilbert Reitsma]

Hi Guys

Here are my results using EA 321_2.

Started with 1 lot setting, but changed to 0.3 because of margin.

Personally I think that setting direction using HWAFM is very subjective. Surely there is something more definative and easier to read to determine general trend for next 1- 4 hrs?

Gil

[Gilbert Reitsma]

Hi chrisstoff

The V2 took a buy entry into EURUSD, but the it seems the Volt was still red. See attachments

[Gilbert Reitsma]

ND - What is the difference between public version and elite?

[Sergey Golubev]

The differences are related to TrendScalp system only (to trade manually). EA is using public TrendScalp only (there is no any elite EA for elite TrendScalp in elite section).

- elite section TrendScalp using

adaptive Gann High-Low activator jma Heiken Ashi arrows-1 indicator (advanced elite section) and VoltyChannel_Stop_v2.2_alerts indicator (simple elite section):

- public TrendScalp system.

When we started to trade/talk about TrendScal - I realized that this system is from elite section and to avoid any confusing - MrTools created public TrendScalp system based on elite TrendScalp (some features were disabled in elite indicators for them to be public - for example jurik smoothing etc). Public TrendScalp is here:

https://www.mql5.com/en/forum/173439/page53

After that - chrisstoff created EA for public TrendScalp.

[Chrisstoff]

Hi Gil,

Nice results: 10 percent in a day, I would be satisfied even with the half of that... I think you are on the right track.

As for your other question, I think NewDigital answered that one. The EA must not take a trade against any of the two indicators.

Regards,

Chrisstoff

GilR:
Hi Guys

Here are my results using EA 321_2.

Started with 1 lot setting, but changed to 0.3 because of margin.

Personally I think that setting direction using HWAFM is very subjective. Surely there is something more definative and easier to read to determine general trend for next 1- 4 hrs?

Gil

[targus]

ND

What Gil was saying about it being subjective etc., I agree in part, yesterday I could not fathom anything on cable all day! I did not trade. Its great though when all the timeframes above the hour line up and of course hwfm gives you a clear picture on whats on it's way, bit like reading the weather.

Today, again cable, I cannot tell, H2 t/f and up are showing bearish except the weekly. The trusty stochastics are the same, the weekly stoch is waiting to go long, I suppose like anything else we have to wait for things to line up.

I have been using bigbears arrow, great read, that matfx etc will be familier with on the 4hr.

What is your view ND.

Have you any pair lined up today?