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Daily Chart 3-Candle

  • #821
  • Oct 20, 2018 12:26pm Oct 20, 2018 12:26pm
Quoting SwingMan
{quote} OK, I found the bug! The info for a programmer: missed is "hBUY [MN1]_1 line"
Thank you SwingMan!
Hero Traders Live to see their Accounts Die!
  • #822
  • Oct 20, 2018 1:45pm Oct 20, 2018 1:45pm
hi!
so based on this EU setup,,,,we scroll down to 4 hr and look for ? can u show example of entry.

http://prntscr.com/l8e4h3
  • #823
  • Oct 20, 2018 4:06pm Oct 20, 2018 4:06pm
Quoting tony1200
hi! so based on this EU setup,,,,we scroll down to 4 hr and look for ? can u show example of entry. http://prntscr.com/l8e4h3
Price Action Tony...that's all. How is price responding to the level.

Look at EU this Friday at the Daily History best sell on H1 and H4 Below (Yellow Line). What would you have done?

Then if you didn't get in early watch the H1 Response to the H1 Best Sell Later on in the last snapshot. Then other buying opportunities followed at the H1 History best buy levels.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: exp2.png Size: 17 KB
Click to Enlarge Name: exp1.png Size: 9 KB
Click to Enlarge Name: exp3.png Size: 24 KB
Hero Traders Live to see their Accounts Die!
  • #824
  • Oct 20, 2018 5:04pm Oct 20, 2018 5:04pm
Quoting simoneg
{quote} Price Action Tony...that's all. How is price responding to the level. Look at EU this Friday at the Daily History best sell on H1 and H4 Below (Yellow Line). What would you have done? Then if you didn't get in early watch the H1 Response to the H1 Best Sell Later on in the last snapshot. Then other buying opportunities followed at the H1 History best buy levels. {image} {image} {image}
Thanks for responding!
I like when the setups on the daily charts hit the best buy or best sell on the next candle!... !
  • #825
  • Oct 20, 2018 5:05pm Oct 20, 2018 5:05pm
Quoting tony1200
{quote} Thanks for responding!
No problem Tony...I hope it's clearer for you now.
Hero Traders Live to see their Accounts Die!
  • #826
  • Oct 20, 2018 7:23pm Oct 20, 2018 7:23pm
after 3 daily LH LLs

was this a qualified setup?

http://prntscr.com/l8h8oj
  • #827
  • Oct 21, 2018 11:12am Oct 21, 2018 11:12am
This looks like the TURN TRADE
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #828
  • Oct 21, 2018 3:38pm Oct 21, 2018 3:38pm
Quoting tony1200
after 3 daily LH LLs was this a qualified setup? http://prntscr.com/l8h8oj
Yes Tony.
Hero Traders Live to see their Accounts Die!
  • #829
  • Oct 21, 2018 4:50pm Oct 21, 2018 4:50pm
Quoting simoneg
{quote} Yes Tony.
sorry to be a pain in the …..!
but im very interested in these setups!...
if we take a look at eur daily ,,,we have a 321 setup,,,,
http://prntscr.com/l8r8wk
now if we scroll to 4hr....r we waiting to long at first touch of best buy?
http://prntscr.com/l8r9th

thanks!
  • #830
  • Oct 21, 2018 8:02pm Oct 21, 2018 8:02pm
Quoting tony1200
{quote} sorry to be a pain in the …..! but im very interested in these setups!... if we take a look at eur daily ,,,we have a 321 setup,,,, http://prntscr.com/l8r8wk now if we scroll to 4hr....r we waiting to long at first touch of best buy? http://prntscr.com/l8r9th thanks!
No Tony...I don't recommend that at all. Your risk would be much larger as we don't have enough rejection information to make a decision. That's why I posted that example for you yesterday. For you to see how price responds to a strong level. Even though it was a Best level scenario, we can clearly observe the PA in favor of a long trade. The principle is the same with the 123 setup.
Improve your entry and win probability by allowing price action to tell.
Hero Traders Live to see their Accounts Die!
  • #831
  • Oct 22, 2018 2:54am Oct 22, 2018 2:54am
New Version "sm3Candle BestLevelsHist_v2.1"

I changed a bit the order of the Input Parameters.

The history is also displayed for Upper TimeFrames

In the SwingPoints indicator, I have made a small change, please test further.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-D1_v2.1.PNG Size: 80 KB
Attached File(s)
File Type: ex4 sm3Candle BestLevelsHist_v2.1.ex4   47 KB | 575 downloads
File Type: mq4 sm3Candle SwingPoints_v2.mq4   6 KB | 753 downloads
  • #832
  • Oct 22, 2018 5:05am Oct 22, 2018 5:05am
Quoting SwingMan
New Version "sm3Candle BestLevelsHist_v2.1" I changed a bit the order of the Input Parameters. The history is also displayed for Upper TimeFrames In the SwingPoints indicator, I have made a small change, please test further. {image} {file} {file}
Thank you SwingMan! Will do.
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  • #833
  • Oct 22, 2018 11:56am Oct 22, 2018 11:56am
321 setup on eurusd daily.....
on the 1hr chart is interesting....can someone comment please!
  • #834
  • Oct 22, 2018 10:25pm Oct 22, 2018 10:25pm
Quoting tony1200
{quote} sorry to be a pain in the …..! but im very interested in these setups!... if we take a look at eur daily ,,,we have a 321 setup,,,, http://prntscr.com/l8r8wk now if we scroll to 4hr....r we waiting to long at first touch of best buy? http://prntscr.com/l8r9th thanks!
1. you have a d1 bar3 buy set up on oct 19.
2. on oct 22 if you intend to make your entry on h4, then wait for a bullish bar around the d1 bar 3 buy set up line. you have to decide how 'good' is the h4 candle.
3. on oct 22 if you intend to make your entry on h1, then wait for a bullish bar around the d1 bar 3 buy set up line. you have to decide how 'good' is the h1 candle.
4. the yellow arrow is the entry signal. you can buy after the candle close.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-10-23_1113.png Size: 10 KB
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #835
  • Oct 23, 2018 2:41am Oct 23, 2018 2:41am
EU buy

daily chart: yellow hbest buy level reached (drawn manually)+ swingCandle 123 signal + double bottom
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 96 KB

H1 chart: swingCandle 123 signal + rejection of the trigger line...perfect buy condition;-)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 86 KB

thx swingman for programming indis,
despite i still have to draw in some history buy/sell levels its much easier now to spot high edge possibility trades!
trading is like dancing, don't think and just listen to the music!
  • #836
  • Oct 23, 2018 4:50am Oct 23, 2018 4:50am
New Version "sm3Candle BestLevelsHist_v3"

From PM:
Quote
Is it possible to mark only the history levels within the swing that price is trading in?

1. I focused only on the swing that price is currently trading within (MAIN SWING).
2. I took the Highest and Lowest Best Buy/Sell history levels on each minor swing on the MAIN SWING.

If I understood and programmed correctly, here is a new Version.
In the chart on the left, the lines are drawn only within the min/max prices, and in the chart on the right, all lines.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-D1-MainSwingArea.PNG Size: 60 KB
Attached Image
Attached File(s)
File Type: ex4 sm3Candle BestLevelsHist_v3.ex4   50 KB | 484 downloads
  • #837
  • Oct 23, 2018 5:12am Oct 23, 2018 5:12am
Quoting birdland
EU buy daily chart: yellow hbest buy level reached (drawn manually)+ swingCandle 123 signal + double bottom {image} H1 chart: swingCandle 123 signal + rejection of the trigger line...perfect buy condition;-) {image} thx swingman for programming indis, despite i still have to draw in some history buy/sell levels its much easier now to spot high edge possibility trades!

I am in the euro/dollar too, now in profit (16 pips),

what is not where to put the TP, where do you put it and why?
  • #838
  • Oct 23, 2018 5:33am Oct 23, 2018 5:33am
Quoting geosevilla
{quote} I am in the euro/dollar too, now in profit (16 pips), what is not where to put the TP, where do you put it and why?
great!

i closed the first half of my position with +25 pips. important for psychology.
the second half i put my TP to best sell D1 level (1.15274)
BUT i will monitor the second half position in watching the PA carfully.

as a general rule i dont want to loose more than 50% of my profits.
and in deep i look how the price behaves around the h1 and h4 levels.
will they be rejected?
will they close below a history h1 or h4 level?
how do the bars look like, bullish versus bearish?

here comes the very discretionary part and unfortunately i havent found a general fix rule after all this years of trading.
trading is like dancing, don't think and just listen to the music!
  • #839
  • Oct 23, 2018 5:33am Oct 23, 2018 5:33am
Quoting SwingMan
New Version "sm3Candle BestLevelsHist_v3" From PM: {quote} If I understood and programmed correctly, here is a new Version. In the chart on the left, the lines are drawn only within the min/max prices, and in the chart on the right, all lines. {image} {image} {file}
Looks like it at a glance SwingMan. Let me test.
Hero Traders Live to see their Accounts Die!
  • #840
  • Oct 23, 2018 5:40am Oct 23, 2018 5:40am
GU h4: we are having a nice SwingCandle signal and i would only buy around the trigger line with a limit of 1.2964
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 102 KB
trading is like dancing, don't think and just listen to the music!
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