E&A Standard Trading System - page 44

Anonymous
39
Anonymous  

Hola amigo..!!

V-X569:
EDIT: Do you use pivot level?

Do you know why I ask you this question?

First of all, I will show you some example of false signals.

They are related to Pivot, S&R logic big time !

This is E/J M5 chart..

1.See point 1, there was a buy signal..but I would not buy..why not?

2.It's simply because it was at resistance level. (Point 2)

nirvaman:
hey VX. Can you show me the entries in this picture using your system? thx
nirvaman:
I am working with your system and is doing wanders. the only diference is that I am using my occilator to avoid flat market. thx for your help anyway VX
Files:
ej_r2.jpg 63 kb
Anonymous
39
Anonymous  

Another example amigo..

Here is another example..

See how the price bounced when it reached support level (Resistance became support this time)

Files:
ej_r1.jpg 65 kb
ej_r1_fs.jpg 64 kb
Anonymous
39
Anonymous  

Good signal example..A lucky 10+ pips..

Otherwise, it will produce a good signal..

(USD/JPY) Caught one signal just because you asked me to show some example..LOL..Actually I dont have the intention to trade today..

Ok, dont worry about commision..I will buy you a drink if I visit colombia someday..LMAO..

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uj_cgo.jpg 69 kb
result.jpg 29 kb
Anonymous
39
Anonymous  

Conclusion.

Nirvaman..

As I stated in previous post, this setup is still in beta testing.

I know that SilverTrend repaints horribly, so I may look for alternative way to replace SilverTrend.

Unfortunately, I will be quite busy this month. So, Im sorry in case Im not able to reply in this thread..

I will continue research when I have the time..cheers..

Regards,

V-X569

Gabriel Mejia
249
Gabriel Mejia  

thx for your help VX

I am testing your system and is working great. I will look at the Drews suggestion about the Elite indicator too. As I stated earlier, to measure volatility is very important for me as a way to determine a variable stop and target.

You are right about the repainting, but i can live with it for now

trade888
19
trade888  

VX re Heiken ashi

I also find the HA to be quite useful.

The following post has an idea re HA lines which lets you see when you might expect a change in the signal of the open and close of HA.

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

Anonymous
39
Anonymous  

Im a big fan of Heiken Ashi

trade888:
I also find the HA to be quite useful.

The following post has an idea re HA lines which lets you see when you might expect a change in the signal of the open and close of HA.

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

Yeah..I know that thread as well..Im a big fan of Heiken Ashi too.

HA was among the first indicator I use for trading system. Those days I used Isakas method. Well, obviously, Im still with HA. Thanks for reminding me.

Brazenmichael
84
Brazenmichael  

??

im still using the damiani volatility meter...anyone know how to change the background color during a trade, no-trade situation?

~michael

Gabriel Mejia
249
Gabriel Mejia  

muaaaaaaaa

muaaaaaaaaaaaaa

Files:
results3.jpg 106 kb
Brazenmichael
84
Brazenmichael  

Nice pippage nirvaman...

I am currently steeping back to a simpler method...sma

i have modified the attached indicator to use sma instead of ema and am currently getting some nice trades when verified by the ha and sliverbartrend....

any coders can add an alert and maybe a sound alert to this indicator?

any help would be appreciated,

~michael

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