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  #11 (permalink)  
Old 03-22-2006, 07:34 AM
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Quote:
Originally Posted by ShadowWz
Hi,

if you have arrows on bar it's mean at next bar you buy at green arrow level or sell on red arrow level.

Cheers.
If i'm running the mq4-file in 5-min i get constantly one green and one red bar.
Could you give an example in attached chart when to sell and when to buy, or else we will have 100 trades a day on 5-min?
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Old 03-22-2006, 07:49 AM
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Quote:
Originally Posted by jorgeng
If i'm running the mq4-file in 5-min i get constantly one green and one red bar.
Could you give an example in attached chart when to sell and when to buy, or else we will have 100 trades a day on 5-min?
Hi,

i think it's for Day TF - "Day-Trading System"

the arrow appears on previous bar,wich mean at next bar you can sell/buy from the signals level.(buy from green level of previous bar,sell from red level of previous bar)

Cheers.
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Old 03-22-2006, 08:06 AM
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Quote:
Originally Posted by ShadowWz
Hi,

i think it's for Day TF - "Day-Trading System"

the arrow appears on previous bar,wich mean at next bar you can sell/buy from the signals level.(buy from green level of previous bar,sell from red level of previous bar)

Cheers.
I don't know, in the pdf they are talking of 5-min and have a good chart on bottom.
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  #14 (permalink)  
Old 09-26-2008, 09:43 AM
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Where's it gone!?

This indicator is pure magic - Why no posts for so long?
If anyone reads this - & if they know...Please let me know.
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  #15 (permalink)  
Old 09-26-2008, 10:39 AM
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Very interesting system!I'll test the indicator,too.Thanks!
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Old 09-26-2008, 11:51 AM
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Quote:
Originally Posted by vladv View Post
Very interesting system!I'll test the indicator,too.Thanks!
Hi Vladv,
I use it on Daily charts -
Number of bars 10
SRB 15
Demo account for the last two months, & believe it or not...I haven't had a losing trade...Incredible!
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Old 09-26-2008, 11:55 AM
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Quote:
Originally Posted by Jeeves View Post
Hi Vladv,
I use it on Daily charts -
Number of bars 10
SRB 15
Demo account for the last two months, & believe it or not...I haven't had a losing trade...Incredible!
Could you explain how you trade it, stop-losses, take-profits, etc.....
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  #18 (permalink)  
Old 09-26-2008, 04:06 PM
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I loadedthe indicator and changed the settings as you have. In some cases, itlooks like both a buy and a sell would be activated if you entered where the red and green arrows show.
Quote:
Originally Posted by Jeeves View Post
Hi Vladv,
I use it on Daily charts -
Number of bars 10
SRB 15
Demo account for the last two months, & believe it or not...I haven't had a losing trade...Incredible!
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Old 09-26-2008, 04:35 PM
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Hi guys,may be i am a stupid but is not clear for me......
do we go short at yellow line
do we take many trades during the day ? long and short ?
can you expalin the rules please ?
Thanks

ps i forgot....why some candles don't have the arrows ?
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Last edited by dirk; 09-26-2008 at 04:38 PM.
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  #20 (permalink)  
Old 09-26-2008, 07:33 PM
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Hi all,
I'm seeking the same answers as you guys.
I use it a very simple way:
As a Daily breakout
I use an indicator called 'Parabolic_4cNK' with only the long/short dots active - I 'Black' out the other two colours - & I enter at the price of the matching colour Psar:
Red Psar + red arrow = Short trade
Green Psar + Green arrow = Long trade

If the market is Ranging the signals will come thick & fast, then I use a TP of 80, an intial stop of 25, and a breakeven + 25.
If the market is trending the signals will be fewer. If no signal is given at the open of the next days bar, and the Psar continues in the same direction, I let the trade run, & exit at the close of the first bar that displays a signal.Then I place a fresh set of stop entries according to the new signal.

It's a very simple system, it works for me, & as I said - I've used it on a demo account for two months without one losing trade-Cable only.

Last edited by Jeeves; 09-26-2008 at 07:45 PM. Reason: My fingers didn't keep up with my brain!
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