Hi BigRatt, on the chart in question the higher low at around 3700 was the last higher low before the higher high, the higher low at around 3723 came after the higher high, therefore this is not counted as there is no higher high after it. Swings ...

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Thanks TBJ, somehow missed the hh, probably due to the fact that i was using zigzag, will get rid of this and just mark normally in future. so easy to see in hindsight, was probably over zealous after not trading on nfp - missing by buzz!!

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USDCHF loss — Flag trade loss today (as well as 123) - USDCHF - entry at 09:00 GMT short Can anyone see anything wrong with it - looks fine by the rules Regards

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Hi Rcwso thanks for the updated PDF's - noticed 2 slight mistakes Standard Flag Trading PDF - In the page of Down Trend Rules, it says the CCI must be > 50, this should be "CCI must be < -50" 123 Trading PDF - In the page of 123 setup in a Up Trend ...

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distance in pips the high/low is from the MA, upper number is previous bar, lower number is current bar, if at 0.0 then the bar is straddling the ma

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Hi D4n post 2355 from Divergence talks about setup bars (although for 123's) where he mentions it must have "mo" (movement) - it is also in the various PDF's kindly written by RCWSO which mentions that the bar must be in direction This is why I ...

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Hi D4n noticed in your code that you also missed the rule that the bar must have the correct direction, ie. above 50 cci, close must be above open (ie. bullish), below -50 cci, close must be below open (ie. bearish) therefore upgraded the original ...

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On your chart it appears you have an EMA of 8 based on Close, this is incorrect It should be a SMA of 10 based on Median (HL/2) Apart from that you look to have it correct Regards John

Flag trading the trend

New version of divergence finder — Hi All this is the latest version of the divergence finder, this contains no new functionality however fixes some problems people experienced that were broker/MT4 version specific (minimum build requirement ...

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I've been doing the same thing, looking for divergence off the bounces - but I think this is due to the fact I am used to being in the market more, I think this is something I need to remove from my mindset, the need to be in the market. Divergence ...

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Hi Moonwen it should pull back to the SMA it does not need to cross it, you will know if the pull back was not enough as the rule regarding the high/low of the setup bar not within 2.4 of the SMA will keep you out of invalid pull backs Regards John

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Hopefully fixed — Hi All hopefully i have now fixed the problem with spurious vertical lines on the divergence finder (it works OK in the trading simulator) If anyone still finds spurious lines coming up in this new version let me know NB. If ...

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thanks, now i have got it

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Hi Divergence please correct my understanding of your statement if i am wrong You will take 123 setups WITHOUT divergence at the end of a trend if a) The high/low of the setup bar is within 2.4 pips of the Point 2 bar b) The CCI is + or - 50 c) The ...

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copy & paste error, now fixed

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RCWSO's post 2240 clarifies this, taking it out completely is ok

Flag trading the trend

Hi Alright that's cool, of course what would make it really nifty would be if it could calculate the lot size required based on a certain risk %age and free margin available though to do that you would need to have quite a few more entry fields of ...

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done, you need to set the flag "xb_Show.CB.Diff" to true to display the difference, default is false

Flag trading the trend

General stuff — Hi All been getting a few PM's initially regarding the Divergence indicator, but will probably now start coming regarding the Retracement indicator with it's latest change. This is a rule for ALL indicators (not just mine) that ...

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Hi Alright I thought this system only worked off closed bars, ie. your entry is 1 pip greater/less than the setup bar high/low - and it was the setup bar that must be within 2.4 pips of the SMA Or have I misread something again. It could be added ...

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