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Why Iīm starting to believe that many users donīt read the previous posts.
The indicator needs a pivot to calculate the levels. The pivot itīs the heart of the system.
To calculate a pivot you need 3 values from the previous day.
Central Pivot Point (P) = (High + Low + Close) / 3
Pivots are often calculated using New York closing time. If the broker is closing the day before or too after NY close, we have a problem.
If your broker are using a different values change than standar or accepted or if for some reason like bad data or time used by the broker the pivot changes. Change your broker.
Alpari is using gmt +2 = London Open
According to their website gbp pivot is 1.8685
Neuimex is using gmt +2 =London Open
FXDD is using gmt +3 = ????
And the universal website (link already posted) have the pivot in 1.8687
The problem itīs outside the indicators code. If someone of you have different data than me to calculate a pivot we gonna have 2 differents values.
If your pivot changes between TF, check one by one the values of the candles/bars. The higher high must be the same in h1 than m5, same for lowest low.
Today, I already have the mentioned problem
Fiest, I moved to another broker to see if the values are the same.
After check that, I connected directly the client to the server broker bypassing my DataCenter and the problem was fixed.
So, stop to talk about a bug here, a bug there, if you donīt have a scientific aproach to the problem and/or before explore the problem deeply.
Is like to blame James Wilder because your RSI itīs different than mine.
Why Iīm starting to believe that many users donīt read the previous posts.
The indicator needs a pivot to calculate the levels. The pivot itīs the heart of the system.
To calculate a pivot you need 3 values from the previous day.
Central Pivot Point (P) = (High + Low + Close) / 3
Pivots are often calculated using New York closing time. If the broker is closing the day before or too after NY close, we have a problem.
If your broker are using a different values change than standar or accepted or if for some reason like bad data or time used by the broker the pivot changes. Change your broker.
Alpari is using gmt +2 = London Open
According to their website gbp pivot is 1.8685
Neuimex is using gmt +2 =London Open
FXDD is using gmt +3 = ????
And the universal website (link already posted) have the pivot in 1.8687
The problem itīs outside the indicators code. If someone of you have different data than me to calculate a pivot we gonna have 2 differents values.
If your pivot changes between TF, check one by one the values of the candles/bars. The higher high must be the same in h1 than m5, same for lowest low.
Today, I already have the mentioned problem
Fiest, I moved to another broker to see if the values are the same.
After check that, I connected directly the client to the server broker bypassing my DataCenter and the problem was fixed.
So, stop to talk about a bug here, a bug there, if you donīt have a scientific aproach to the problem and/or before explore the problem deeply.
Is like to blame James Wilder because your RSI itīs different than mine.
dont forget that broker (same one) can feed 100 clients same time with diferante ticks,for me i can have somethig lik 1.8700,other one can have 18702 next one 18695 ...and i am talking about live ticks not pivots
fast computers are there and they will and they are there to take our money,to prevent any system to work consistently...
only way to get acurate charting is to use independent charting platform like prorealtime or some other and then you can do calculations with no fear you will be fooled
with mt4 we have to use what we have ,few ticks up or down should not disturb our trading skills,we have to use discretion ,not only some levels to blind entry and exit
i guess that is why mt4 is free and esignal is expenciv...tradestation...
Hi,
Any body have any kind of experiece with this guys http://winning-solution.net/.
They are claiming that for the past two months with only one time loss.
Thanks
syedforex
They performance not real, we did not any ststement , they analyze the chart in the end of they and make performance, but totally it's NOT a bad system,
Thank you all for whom contribute to this nice system.
Quick question.
It's 2:35pm EST.. We still have short order set at 1.8663 on GbP/Usd, which is getting very close now.
When do we take any pending orders out? Anyone had idea? I guess it is upto us (trader), but what I am asking is if there is a rule associated with this strategy.
Thank you all for whom contribute to this nice system.
Quick question.
It's 2:35pm EST.. We still have short order set at 1.8663 on GbP/Usd, which is getting very close now.
When do we take any pending orders out? Anyone had idea? I guess it is upto us (trader), but what I am asking is if there is a rule associated with this strategy.
If price opens up above a buy area, how is that handled?
Would we use the 2nd buy as our buy stop to enter?
it's really up to you, you can place a buy order or wait the price retract to the first buy zone, other will use the second buy target as a revasal and place a short order for a few pips.
you see..... there is a lot of opportunities but in the end you the one that hit the orders.
the system help you a lot visually but you should place the order depand on your trading style.