Forex



Go Back   Forex Trading > Downloads > Manual trading systems
Forex Forum Register More recent Blogs Calendar Advertising Others Help






Register
Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.

From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.

Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
  • Elite Section
    Get access to private discussions, specialized support, indicators and trading systems reported every week.
  • Advanced Elite Section
    For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
See more

Reply
 
Thread Tools Display Modes
  #31 (permalink)  
Old 03-01-2008, 11:17 AM
SIMBA's Avatar
Senior Member
 
Join Date: May 2006
Posts: 1,397
SIMBA is on a distinguished road
FIRST WEEK RECAP:+146 Pips

Hi,

First: I checked with Suri and he confirmed that both MSH and MSL are based on CLOSE.

Second:Weekly recap,first week,we had 3 trades,numbers1,2,3(by hand ) at the statement at post 28 of this thread

1-Dragon m5 on GJ=-36 pips

2-MSH on GJ H4=+101 pips

3-MSH on GU H1=+71 pips

NET TOTAL:+146 pips

Next week will keep forward testing this 2 patterns and will explain the next one "N-Bar Rallies/Declines"...of which there are several in the making.

Enjoy the week end.
__________________
Equo ne credite,Teucri.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #32 (permalink)  
Old 03-03-2008, 06:25 AM
fxfariz36's Avatar
Senior Member
 
Join Date: Aug 2007
Location: at trading room
Posts: 156
fxfariz36 is on a distinguished road
Quote:
Originally Posted by SIMBA View Post
Hi,

First: I checked with Suri and he confirmed that both MSH and MSL are based on CLOSE.

Second:Weekly recap,first week,we had 3 trades,numbers1,2,3(by hand ) at the statement at post 28 of this thread

1-Dragon m5 on GJ=-36 pips

2-MSH on GJ H4=+101 pips

3-MSH on GU H1=+71 pips

NET TOTAL:+146 pips

Next week will keep forward testing this 2 patterns and will explain the next one "N-Bar Rallies/Declines"...of which there are several in the making.

Enjoy the week end.

hi simba....
how to apply this method?
isn't use fibonacci fan if im not mistaken>..
__________________
Technical Trader
please teach me how to trade like you

[center]
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #33 (permalink)  
Old 03-06-2008, 07:04 PM
Junior Member
 
Join Date: Aug 2006
Posts: 7
turboscottomatic is on a distinguished road
Hi Simba,

Thanks for the nice thread. Trying to be 100% clear on the pattern parameters you just described for the MSH. Please correct me if I am wrong.

So, in effect, we are looking for higher CLOSE followed by higher CLOSE followed by lower CLOSE as the setup... is this correct? The "higher high of close" terminology is throwing me a bit....

Best,
Scott
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #34 (permalink)  
Old 03-07-2008, 04:01 AM
SIMBA's Avatar
Senior Member
 
Join Date: May 2006
Posts: 1,397
SIMBA is on a distinguished road
clear

Quote:
Originally Posted by turboscottomatic View Post
Hi Simba,

Thanks for the nice thread. Trying to be 100% clear on the pattern parameters you just described for the MSH. Please correct me if I am wrong.

So, in effect, we are looking for higher CLOSE followed by higher CLOSE followed by lower CLOSE as the setup... is this correct? The "higher high of close" terminology is throwing me a bit....

Best,
Scott
Yes..this is correct,I posted the book definition,which is very clear for us visuals , since you have an image just in front..then I checked with the author just in case and he confirmed.
All the images shown have also higher highs,but the author specifically said that the pattern is made by the closes,not the highs.
My personal opinion...I wouldn´t trade any pattern that didn´t have,in addition to the closes,at least a high and a higher high...

Same concept and comments apply to MSL.

This week I am being extremely busy,will try to post,at least some examples of new patterns.
__________________
Equo ne credite,Teucri.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #35 (permalink)  
Old 03-07-2008, 11:18 AM
Member
 
Join Date: Dec 2005
Posts: 37
rufffen is on a distinguished road
Simba, thumbs up! Please keep posting, patterns and fractals are by far the best in terms of risk/reward, been trading them for 4 years now.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #36 (permalink)  
Old 03-07-2008, 12:28 PM
Junior Member
 
Join Date: Mar 2007
Posts: 25
Dimicr is on a distinguished road
Simba, can you try to translate MSH and MSL patterns definitions to mql4?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #37 (permalink)  
Old 03-07-2008, 01:27 PM
Junior Member
 
Join Date: Mar 2007
Posts: 25
Dimicr is on a distinguished road
If i understend correctly this indicator show these patterns or No?
Attached Files
File Type: mq4 ^MSH_MSL.mq4 (1.6 KB, 269 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #38 (permalink)  
Old 03-07-2008, 06:04 PM
SIMBA's Avatar
Senior Member
 
Join Date: May 2006
Posts: 1,397
SIMBA is on a distinguished road
code

Quote:
Originally Posted by Dimicr View Post
If i understend correctly this indicator show these patterns or No?

By looking at your code I would say not so,and by looking at the indicator I would confirm,I modified from 500 to 50,to have more visual examples..there are several msh and msl that are not arrowed..and some arrows that are neither pattern

//==============================================
MSH[i]=EMPTY_VALUE;
int barH1 = iHighest(NULL, 0, MODE_CLOSE, 500, i+4);
int barH2 = iHighest(NULL, 0, MODE_CLOSE, 500, i+3);
if (barH1==i+4 && barH2 == i+3 && Open[i+2] > Close[i+2] && Close[i+1] < Close[i+2] ) MSH[i] = High[i]+ 5*Point;
//==============================================
MSL[i]=EMPTY_VALUE;
int barL1 = iLowest(NULL, 0, MODE_CLOSE, 500, i+4);
int barL2 = iLowest(NULL, 0, MODE_CLOSE, 500, i+3);
if (barL1==i+4 && barL2 == i+3 && Open[i+2] < Close[i+2] && Close[i+1] > Close[i+2] ) MSL[i] = Close[i]- 5*Point;

I would say..MSH would be :

Close(i+1)<Close(i+2)&&Close(i+2)>Close(i+3)...and then you have to code that "New Highs" issue..for the closes and for the highs...not necessarily among the last 500 bars...inverse for MSL..Anyway I am not a coder .

Thanks for your interest,I believe we can codify some of the patterns.
Will try to post my idea for a code of MSH,MSL...probably on Monday,and you can check it .
__________________
Equo ne credite,Teucri.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #39 (permalink)  
Old 03-07-2008, 11:21 PM
Senior Member
 
Join Date: Aug 2006
Posts: 456
RickW00716 is on a distinguished road
I bought this book and it is GOLD!

I probably won't use all the patterns but the ones I have looked at seem to work very well.(Iuse some at sup/res areas)

Simba, I am curious about hte fractal pattern(5 bar)...one of the examples in the book doiesn't seem to match the description(page 68 to be exact)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #40 (permalink)  
Old 03-08-2008, 05:13 AM
Linuxser's Avatar
User Root
 
Join Date: May 2006
Location: Helliconia (Winter)
Posts: 4,410
Blog Entries: 56
Linuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond reputeLinuxser has a reputation beyond repute
I´m thinking we need a Zig Zag indicator with one more feature: How many section back? 3-5-8
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
Reply

Bookmarks

Tags
forex


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Indicator able to read a statement. project1972 Tools and utilities 13 08-07-2008 10:54 AM
Login is Read Only? DooMGuarD Metatrader 4 0 06-11-2007 08:02 PM
Just an idea, How to make money without trading ? MiniMe General Discussion 12 04-21-2007 06:58 PM


All times are GMT. The time now is 10:17 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.