The Only Pivot - page 129

 
stevenali:
all the indicators is in this thread. aku di jogja-java... u dimane?

ok

i found the prev day n floating pivot HLC dan FLoating pivot _0 :https://www.mql5.com/en/forum

but i don't know want use which one

i'm now in jakarta mas

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

Smile

nice to meet you

salam kenal hihi

sorry for my english

 

thx linuxer

use english please

 

Hi Stevenali,

I would just like to add a little observation:

You could say that the main direction of the stevenali daily pivot line as used in your 1hr chart is the opposite direction of the last drawn zigzag line on your 1hr chart and remains that way till the next zigzag line is drawn then the main direction is reversed.

I hope you can understand what I just said.

As a rule of thumb:

If the last zigzag line was downward then our next stevenali daily pivot line is upward till the next zigzag line is drawn. (1hr chart only).

Any zigzag indicator will do with standard settings.

I have included the wolfewave zigzag indicator for those interested.

Xard777

ps I don't have any statements to back this up, so don't ask.

pps Disclaimer: Anyone who uses the above observation along with the stevenali daily pivot system and blows his/her account due to poor money management deserves all they get. End of Disclaimer.

Edit Enclosed picture + template & indicators

Files:
wolfewave.mq4  15 kb
chart.gif  49 kb
setup.rar  3 kb
 

Updated to my version, please feel free to try.

Hi Everyone and stevenali. Thanks a lot for sharing your only pivot method and i feel i should also share some things with you.

Stevenali, your methods a great for intraday trading and short term trades. Certain things that were a problem in your system were like avoiding the ranging periods and ideal entry exits.

I have fixed that problem hopefully i believe this should solve that.

1. I have added a Adaptive MA, the ma with red/blue dots, i think this should help you avoid the ranging periods when ama goes flat.

2. I have removed momentum indicator and instead added a MTF LSMA of 4hourly 6periods on the second window. I believe this should help you with ideal entry/exits. BTW 6periods on 4hourly = 1 day.

3. I have created an entire profile set for popular currencies with the edited "win" template, preloaded. So i believe you could use this in basically all currencies to trade.

Heres a screenshot in eur/usd.

Extract this file to your metatrader and restart it, after that open the profile "H1 DAILY PIVOT" to find the entire profile/template/indicators preloaded.

tonydtraderpivot.rar

Enjoy the

Files:
 

thx bro...

i will observe it

 
tonydtrader:
Hi Everyone and stevenali. Thanks a lot for sharing your only pivot method and i feel i should also share some things with you.

Stevenali, your methods a great for intraday trading and short term trades. Certain things that were a problem in your system were like avoiding the ranging periods and ideal entry exits.

I have fixed that problem hopefully i believe this should solve that.

1. I have added a Adaptive MA, the ma with red/blue dots, i think this should help you avoid the ranging periods when ama goes flat.

2. I have removed momentum indicator and instead added a MTF LSMA of 4hourly 6periods on the second window. I believe this should help you with ideal entry/exits. BTW 6periods on 4hourly = 1 day.

3. I have created an entire profile set for popular currencies with the edited "win" template, preloaded. So i believe you could use this in basically all currencies to trade.

Heres a screenshot in eur/usd.

Extract this file to your metatrader and restart it, after that open the profile "H1 DAILY PIVOT" to find the entire profile/template/indicators preloaded.

tonydtraderpivot.rar

Enjoy the

Hwo do you use the AMA in conjunction with the LSMA inidcator?

 

Can somebody make an Expert Advisor for this indicator?

 
et_phonehome_2:
Deleted.....

what has writen there?

 
stevenali:
what has writen there?

For some strange reason, the post above I was trying to remove the picture, don't know why it showed up like that.

I have noticed that many trade the lower timeframes based upon the higher timeframes, if that is the case, it means we have missed the move already.

 
et_phonehome_2:
Hwo do you use the AMA in conjunction with the LSMA inidcator?

using both along with stevenalis pivot system in conjunction, thats the strategy you need for play for winning more pips