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Young Ho Seo  

Please feel free to leave any question on here.

Barrak El Homaisi  
I have tried the sideways market indicator in combination with the Price breakout pattern scanner and the Harmonic Pattern Plus and seems working perfect together and is maximizing my profit from day 1 because giving more ideas about what opportunities are available in any time frame i am trading on.
Young Ho Seo  
BraxFX:
I have tried the sideways market indicator in combination with the Price breakout pattern scanner and the Harmonic Pattern Plus and seems working perfect together and is maximizing my profit from day 1 because giving more ideas about what opportunities are available in any time frame i am trading on.

Really appreciate your warm comments including your previous one.

Sideways market trading principles are obviously one of the most beneficial to traders.

I am not talking about lagging ADX stuffs but I am talking about defining Sideways Market in price itself.

When sideways market is detected, it is good timing for you to refresh your market view.

Firstly try to be tentative on why the current trend direction should continue.

Look for the signs like harmonic patterns, price breakout pattern and oscillators, etc.

Once you believe that your decision have high probability to be right, then trade when the price break outside Sideways Box or you could even trade when the price bounce inside the Sideways Box.

Thanks again and all the best with your trading.

Kind regards.

Young Ho Seo  
Our sideways Market Analyser  is based on our intensive statistical analysis on Sideways Market and many ideas comes from this book (http://www.amazon.co.uk/The-Little-Book-Sideways-Markets/dp/0470932937).

If you learnt how to trade on bull and bear market, then it is time for you to learn on how to trade Sideways Market. It is simply because it is very profitable. and it will provide you far more clearer view of market than just simply trying to read bull and bear market only.

Kind regards.
Young Ho Seo  
The Trading Competition held by FXCM just completed: myfxbook.com/contests/forex-contest-fxcm/25

Our Price Action and Pattern Trading Strategy completed Trading competition with 8.6% profit (5% drawdown).

The EA ranked on top 10% during this competition.

You can check the resutls here:

myfxbook.com/members/FinnanceEngineer/contest-finnanceengineer/1057374

Happy Trading to everyone.
Young Ho Seo  

I have received several notice from some of my clients about entering trading competition. We are more than welcome to hear your challenge for trading competition using our Price Action and Pattern Trading.

So feel free to discuss with us if you enter trading competition using our Price Action and Pattern Trading Tools. :) :)

Young Ho Seo  
All about Price Action Trading is timing. Patterns need to be confirmed with other indicators plus at least one candle bar in the your anticipated direction. Never enter too early and catching the right timing is real skill. From our automation experience of our Price Action and Pattern Trading strategy, we found that the pattern is even valid for some currency pairs after two candle bar is confirmed. But in general, we will recommend you to wait for one candle bars as it is more commonly used among traders. Having said, traders must understand that there are some particular currency pairs we never like to apply Price action and pattern trading strategy. This is why all our Price Action and Pattern Trading is so valuable for the selection purpose. You will learn this when you play more with our software.  
Matthew Todorovski  

Looks good!

Just a shame I don't manual trade! Wish there were an EA that did this!

Young Ho Seo  
I have added statistical theory section to detect Sideways Market.

http://tradesideways.ucoz.com/index/theory/0-17

It can be too technical and our sideways market detector can be used without knowing this complex statistical theory behind our indicators. However I only added this theory section for some people who are interested in statistical theory behind trading strategy.
Young Ho Seo  

Picture shows all our Price Action and Pattern Trading Software loaded on one charts. You can use all four indicators to make intelligent trading decision. You can also become Professional Forex Trading Instructor offering financial trading course to your customers and junior forex traders. Note that individual indicator can be used as very good standalone trading strategy for trader. To become Forex Trading Instructor, you can aim to master at least three indicators of our Price Action and Pattern Trading Software as you need to have a sophisticated trading knowledge for your students.

(Picture loaded with Harmonic Pattern Plus, Price Breakout Pattern Scanner, Harmonic Pattern Scenario Planner and Sideways Market Analyzer).


jdroid  

Hi,

Your indicator looks very similar to the one on Forexhard's FF thread.  Or it's likely inspired by that.

What is the difference between yours and the free one there?

Thanks

 http://www.forexfactory.com/showthread.php?t=302007&page=369 

Young Ho Seo  
Hi. Jdroid

Thanks for your interesting inquiries about our sideways Market statistical analyzer. Our statistical analyzer is literally based on statistical theory, three state market view. That is more comprehensive view against traditional two state market view. To express exclusively the importance of sideways market, I brought three different approaches while I am designing this tool. The three different approach includes trinomial tree approaches, volatility approach, high low range approach (Sorry for a lot of technical terms. These techniques are serious investment math used by professional banking sector. ). The core concept of this three approaches are of course probability and our sideways market tools are representation of its concept through trading. 

Of course nowadays it is so common to draw boxes in the charts because some notable patterns are there anyway. However the biggest difference between our trading system and others are that our system are based on precise measurement of probability of sideways movements between bull and bear markets. We capture such a transition point using probability theory more accurately. Our approach prevents the subject pattern recognition of manual traders which can lead to inaccurate entry and exit ( let me ask traders what is exactly sideway market? They will all give me different answers. With our tool you will have only one answer because probability will answer it for you. :) ). 

Making everything fully automatic in our software, traders can scan profitable entry points through 50-60 different currency pairs in less than half an hour analysis work. You can do this everyday if you want. Some of our customers are not even full time traders but their profitabiliy using our tool yields over 50% profit each month. 

If you are tech guy and dig more on our approaches you can visit this site and read theory section:

http://tradesideways.ucoz.com/index/theory/0-17


However to use any of our tools, you don't have to understand the complex underlying theory. All our tools are very simple and intuitive.

I hope this answers your questions. :)

Kind regards. 

F.E.
Young Ho Seo  
tuanyer:

Hi,

Can i use it in H4 and D1 timeframe?

Thanks 

Tuanyer 


Yes of course. You can use it for Most of time frame including M5, M15, M30, H1, etc. :)

Young Ho Seo  

New look of Sideways Market Statistical Analyzer for Version 7.0 and it is ready to download for you. Please use the latest version only.

Everything is self contained powerful trading system. It is simple to use and providing you  all the instand access to your profitability with your current trading setup (built in back testing feature).



Young Ho Seo  

For you information, now you can use push notification with this software as well as email notification.

Young Ho Seo  

Currently we are making very important update for our Sideways Market Statistical Analyser.

In the version 7.2, we will add Box core (central) lines in our Sideways Market Statistical analyser.

Our research indicates that the core (central) lines can serve as a very important tactical entry price level for many trading strategies.

One might use Box core line as an alternative entry points but using the same take profit lines as before.

The advantage of this approach is that your risk reward ratio is much higher than using just typical box buffer price level.

This is one possible suggestion for the tactical traders who want to improve his existing trading strategy.

Kind regards.



Young Ho Seo  
In version 7.2, Box Core Lines are added. Box Core lines are defined by Core Line Ratio in regards to Box Width (Core Line Width in pips/Box Width in pips).
This Box Core Lines  can be switched on/off using Core line Ratio variable. To Switch off, just set Core Line Ratio = 0.0. If you set Core Line Ratio = 0.1, this indicates that Core line gap between upper and lower lines are 10% width of Sideways Box. Default Core Line Ratio = 0.1 (10%).
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