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- jmw1970 replied Mar 28, 2011
Hi Diamond, yes this is the "undocumented feature" I was talking about earlier, it only happens when xb_Use.Zigzag is set to true. For now set zigzag to false, or as you currently do go into the indicator parms and press OK, I am still trying to ...
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- jmw1970 replied Mar 28, 2011
Hi Alright d4n asked me about this. I have changed the retracement finder indicator i uploaded earlier, what i have done is simply displayed the distance from the low (when CCI>0) or high (when CCI<0) of the last bar (not the current) to the MA. ...
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- jmw1970 replied Mar 28, 2011
to confirm point 1 would be the high of the candle at 14:45GMT (1.4115)??
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- jmw1970 replied Mar 28, 2011
Wally1953 something else to consider (even though you won) at the point you took the short we were still long mode, the price hadn't broken the low prior to the HH (although it was pretty close) Regards John
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- jmw1970 replied Mar 28, 2011
Hi Wally1953 i am no expert on this but the second line where you indicate the divergence, we are usually measuring divergence on the RSI not the CCI also, not sure if it's just because you manually drew the divergence lines, but the candles dont ...
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- jmw1970 replied Mar 28, 2011
Hi d4n wouldnt the rule be shorts:- CCI less than -50 High of Candle within 2.4 pips of SMA or Candle straddling the SMA longs CCI greater than 50 Low of Candle within 2.4 pips of SMA or Candle straddling the SMA Certain things might be best left to ...
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- jmw1970 replied Mar 28, 2011
Cheers Rcwso thanks for clearing that up, I knew i had read somewhere about 2.4 with 123 - was just confused with which numbered point the 2.4 referred. Regards John
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- jmw1970 replied Mar 28, 2011
Hi Ataviano I may be wrong but the only indicators we should have on our charts for trading this method is SMA 10 (Median), CCI 8, RSI 8 (or equivalents) This is not a method for excessive indicators Regards John
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- jmw1970 replied Mar 28, 2011
"Divergences" method 123 — This looks to me to be a correct 123 according to divergences definition (although not standard 123 as 3 passes 1 slightly) as point 3 is within 2.4 pips of point 1 it also matches the webinar description ...
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- jmw1970 replied Mar 28, 2011
I had the same question, I was looking at the trade but didn't take it. For me on my my chart is was 123 with divergence short, but I remember something about for divergences method of 123, point 3 has to come within 2.4 pips of point 1 (unlike ...
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- jmw1970 replied Mar 26, 2011
Use the trendline button in MT4 (just make sure you set ray to false)
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- jmw1970 replied Mar 26, 2011
Continued sharing & quest of laziness — Hi All continuing my quest for sharing and laziness..... I allways mix up the rules for divergence in my head, especially when trying to think quickly (even with a cheat sheet), first there was the ...
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- jmw1970 replied Mar 26, 2011
Hi PureSymmetry in theory yes, though I will explain why it probably cant be done The main problem i have seen on this thread is knowing when the trend is up or down, different people have different views - in fact a large number of Divergence's ...
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- jmw1970 replied Mar 26, 2011
Mr Divergence Thanks & MQ4 — Hi All first of all I would like to thank Mr Divergence for giving his time so freely yesterday in giving the Webinar, I only read the thread (well skimmed) yesterday and being able to watch the Webinar really ...
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- jmw1970 replied Mar 25, 2011
New Retracement Finder — Hi All as I am lazy and dont like to check the values of the retracement finder provided earlier, i have coded a new one this one you can set the level, then if the value is above the level then it will be one color, ...
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- jmw1970 replied Mar 25, 2011
Hi Vince that was part of my confusion, I took the break of the last HL prior to the last HH, for me the last HH was at 16:30 GMT on the 24th, so I took the HL prior to that at 16:20 GMT then the market was rangebound a bit so wasnt sure what to do ...
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- jmw1970 replied Mar 25, 2011
Thanks for the quick reply, must have missed the bit about the candle being in the direction that we are going... 1st trade on mine was -52 so ok. If i recode your retracement finder to have a different colour when above/below 50/-50 can I post it?? ...
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- jmw1970 replied Mar 25, 2011
Questions — Hi All just spent the last few hours skimming through this thread, below is a chart with I think 3 possible trades, but I would appreciate if someone could give me there views:- The red dotted vertical lines are the "setup" candles ...
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- jmw1970 replied Mar 24, 2011
Hi jdcompute, first of all congrats, i am a little confused by your chart however a) your 2 horizontal lines for the 4hr BO channel only take into account the first 3 candles?? b) in post 12698 (EURAUD) LG was explaining how she avoids fake out ...
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- jmw1970 replied Mar 23, 2011
Hi Forex1962 yeah, also looked at that, the main problem i see (as with all methods) is determining the exits on a 8pip block for instance, it requires 16 pips to reverse to paint a reversal block. havent given up on a standard EA for this yet, but ...
Profit All Day with Retracement - EA development