Market Oracle Forum | Edington | Activity https://forum.marketoracle.io/members/edington-michael/activity/ Activity feed for Edington. Tue, 28 Jul 2026 14:33:28 -0400 https://buddypress.org/?v= en-US 30 hourly 2 9b4a1004e443828bcabf9149a643b54c Edington replied to the topic Congratulations, Saver! in the forum General Discussions http://penguintraders.com/forums/topic/congratulations-saver/#post-13102 Sat, 27 Aug 2016 16:42:41 -0400 Congratulations Saver0.

I wish you health, happiness and prosperity.  :good:

I have been busy with work and some other stuff so I haven’t spent much time trading or being on the forums.

Best, Edington M.

]]> 0 2484d5ef2a7889154c0be5259249ccef Edington replied to the topic Simple visual trading - KIS in the forum General Discussions http://penguintraders.com/forums/topic/simple-visual-trading-kis/#post-9921 Sat, 05 Dec 2015 19:51:05 -0500 That would be GannHiLo histogram. It is available for download, google is your friend.  :-)

Best, Edington

]]> 0 879b725ca76fc704a3a363869fb97f09 Edington replied to the topic Simple visual trading - KIS in the forum General Discussions http://penguintraders.com/forums/topic/simple-visual-trading-kis/#post-9921 Sat, 05 Dec 2015 19:51:05 -0500 That would be GanHiLo histogram. It is available for download, google is your friend.  :-)

Best, Edington

]]> 0 6ccd6318b1236b7fbc69594f374d190a Edington replied to the topic MTH - Star Skull and Smiley Indicator (lite version) in the forum Indicator discussion http://penguintraders.com/forums/topic/mth-star-skull-and-smiley-indicator-lite-version/page/2/#post-8943 Tue, 10 Nov 2015 10:42:08 -0500 You can just compare the broker time and GMT if you have Kiads market info indicator.(pic) Alternatively, right click on your mt4 market watch section, and check time option. Then compare that time to current London time. Exness is a good GMT 0 broker. You can open a demo, then use that for your analysis and charting, use your own account for…[Read more]

]]> 0 2414472074ccc8a0693b57195219e66e Edington replied to the topic MTH - Star Skull and Smiley Indicator (lite version) in the forum Indicator discussion http://penguintraders.com/forums/topic/mth-star-skull-and-smiley-indicator-lite-version/page/2/#post-8934 Tue, 10 Nov 2015 09:15:46 -0500 Excellent results Brother.   :yahoo:  I would love to see a few more examples and how you integrate 3 TFs into the analysis, making so many high probability trades possible in one day.

P.S. To all Penguins, using a broker with GMT 0 is a very important thing in your technical analysis. When Kiads told me about this, at first i was a little h…[Read more]

]]> 0 fc1d8720d11b75819c723348ab721420 Edington replied to the topic MTH - Star Skull and Smiley Indicator (lite version) in the forum Indicator discussion http://penguintraders.com/forums/topic/mth-star-skull-and-smiley-indicator-lite-version/#post-8858 Sun, 08 Nov 2015 17:41:38 -0500 Hey Kiads,

:-) Thank you for this wonderful tool Brother. It is good to see you back on the forum. I wish you good health. I would wish you green pips, but looks like you have that covered lol.

Best, Edington

]]> 0 74501672aaea8cf792289823b5d8c73f Edington replied to the topic I can't remain silent anymore! in the forum General Discussions http://penguintraders.com/forums/topic/i-cant-remain-silent-anymore/#post-8571 Thu, 22 Oct 2015 06:37:15 -0400 Gentlemen,

I am not looking to get into a big discussion, but I would like to add my “2 cents” and share my view as well. Some of you might not agree with my views and that is OK.

The current situation has created a fertile field for all sorts of right wing movements across Europe. Establishing counter movements is not the answer. If this…[Read more]

]]> 0 7c480ee5002b84dfa7a1974464ea5a58 Edington replied to the topic VIDEO in the forum General Discussions http://penguintraders.com/forums/topic/video/#post-7927 Thu, 17 Sep 2015 10:05:40 -0400 Great job Pipatronic.  :good:

]]> 0 bbea2c66a3317f9b5cb53a74c0a2bbf1 Edington replied to the topic NFP - amusement in the forum General Discussions http://penguintraders.com/forums/topic/nfp-amusement/#post-7790 Sat, 05 Sep 2015 11:43:39 -0400 Thanks gg53. I will take a look. There is always more out there to learn.  :good:

Best, Edington

]]> 0 9c61155f317c8688c0b4da85ce553392 Edington replied to the topic NFP - amusement in the forum General Discussions http://penguintraders.com/forums/topic/nfp-amusement/#post-7784 Fri, 04 Sep 2015 22:04:14 -0400 Agreed. The spread can be deterred by an ECN broker, but there is still slippage. It would take real courage to trade this event in a real account, but as long as you figure out where its pushed and why, one could make some nice pips. I am not trying to encourage anyone to do this, but it is important to note the actions of the MMs. One of the…[Read more]

]]> 0 a505aa69b1b5fcd2a6c38d760f22ba51 Edington replied to the topic NFP - amusement in the forum General Discussions http://penguintraders.com/forums/topic/nfp-amusement/#post-7781 Fri, 04 Sep 2015 16:35:34 -0400 Sept 4 action.

Best, Michael E

]]> 0 73ce9730327a22bd5b8ce2c553086e4e Edington started the topic NFP - amusement in the forum General Discussions http://penguintraders.com/forums/topic/nfp-amusement/ Fri, 04 Sep 2015 13:16:34 -0400 Dear Fellow Traders,

I would like to share and discuss an observation about trading during big news event such as the NFP. After observing many events like this, I have come to notice a repetitive pattern in the way market makers play the event out. Right before the news, 1 minute or so, they start to make a big push in one direction setting a…[Read more]

]]> 0 258186c060ed4d2e316085da77f6394a Edington replied to the topic Intraday Child's Play in the forum Trading Journals http://penguintraders.com/forums/topic/intraday-childs-play-2/page/2/#post-7756 Thu, 27 Aug 2015 20:11:43 -0400 Hey Thirdconfig,

Thank you for sharing your setup.

Best

Michael E

]]> 0 c588ca41ef1dddb8b611ff78ee6d7c76 Edington replied to the topic Nature of Markets - Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/page/11/#post-7726 Tue, 25 Aug 2015 20:59:56 -0400 Nev, whats with the aggression?

GG53 has shared a lot of his work/ideas/thoughts and code with the rest of the community here and on FF. He is one of the great minds here. It is his right to share or not to share his code. End of story. I think sir, you are out of line.

That being said, gentlemen, lets not make this site alike FF, filled with…[Read more]

]]> 0 188d68c0dc9f685a169bf8b38bf1a72a Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-7649 Fri, 14 Aug 2015 14:39:44 -0400 Hello all,

Despite having some issues with relations between lines, this indicator has become the most important tool in my arsenal. Its just a question of understanding what “she” is saying.

Thank you again Saver0. I have combined it with PVSRA and I am having a blast…on my demo at least. This is one week result. While I trade bigger TFs…[Read more]

]]> 0 436bdb8ceea02d750c720be4d121967f Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-7649 Fri, 14 Aug 2015 14:39:44 -0400 Hello all,

Despite having some issues with relations between lines, this indicator has become the most important tool in my arsenal. Its just a question of understanding what “she” is saying.

Thank you again Saver0. I have combined it with PVSRA and I am having a blast…on my demo at least. This is one week result. While I trade bigger TFs…[Read more]

]]> 0 f15903a7d739cc689e96a19a12e6779c Edington replied to the topic Nature of Markets - Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/page/10/#post-7610 Fri, 07 Aug 2015 13:21:39 -0400 :good: Nice.

]]> 0 b90d8a3fcefb19225d84c5ce49668a2f Edington replied to the topic Nature of Markets - Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/page/9/#post-7605 Fri, 07 Aug 2015 12:22:15 -0400 Hello All. I have been experimenting today with this idea. Thanks again Saver0 for sharing.  I over-traded for 4% account gain, but i do think it is possible to maintain a high success ratio. With most “systems” or extra tools you use, even a “bad” signal will give you that 1 pip…statistically  :good:

Best, Michael E

]]> 0 79c7de66974b857d2acc7473045ff8de Edington replied to the topic Nature of Markets - Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/page/9/#post-7605 Fri, 07 Aug 2015 12:22:15 -0400 Hello All. I have been experimenting today with this idea. Thanks again Saver0 for sharing.  I over-traded for 4% account gain, but i do think it is possible to maintain a high success ratio. With most “systems”, even a bad signal will give you that 1 pip…statistically  :good:

Best, Michael E

]]> 0 2ecb2be03c6f48f3e64776e3de226585 Edington replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-randomness-probability/page/2/#post-7452 Thu, 23 Jul 2015 15:48:55 -0400 My condolences Kiads.

]]> 0 89a1ec5435e40de02657fdd2eeab5cf9 Edington replied to the topic Transient & Recurrent Zones in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/transient-recurrent-zones/page/11/#post-7347 Sun, 12 Jul 2015 10:56:25 -0400 Dear Saver0,

Thank you for a very good explanation of the zones. The way to trade them was what was troubling me the most. I will try implementing this trade ideas in the weeks to come.  :-)

Best,

M Edington

]]> 0 5f9c740beb7fceee75aa9e8539b0578c Edington joined the group TZ&RZ, particular pattern to recognize RZ https://forum.marketoracle.io/activity/p/11944/ Mon, 06 Jul 2015 18:27:19 -0400 0 364211132cc8c35252911d518f4a46bf Edington and smallcat are now friends https://forum.marketoracle.io/activity/p/11935/ Sun, 05 Jul 2015 15:39:55 -0400 0 daf99191a7f138128c1550e6ea9e9934 Edington replied to the topic Nature of Markets - Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/page/6/#post-7256 Sun, 05 Jul 2015 12:48:54 -0400 Hey Saver0,

Thanks for sharing your work. Can’t wait to test.  :good:

Best,

M Edington

]]> 0 98d2b22e3e229cec671437b81dbf176f Edington replied to the topic Hunting 2000 pips per month via TZ ideas in the forum Trading Journals http://penguintraders.com/forums/topic/hunting-2000-pips-per-month-via-tz-ideas/#post-7255 Sun, 05 Jul 2015 11:11:06 -0400 Hey US Fantasy.

Allow me to subscribe with interest. Best of luck.

Best,

Michael E

]]> 0 70347e6783528a84cf1ef110861da4e4 Edington posted an update in the group TZ and SS.: :good: https://forum.marketoracle.io/activity/p/11921/ Sat, 04 Jul 2015 18:25:15 -0400 :good:

]]> 0 1cdbe7b630c5abbbc2eb9d5c6fea9e55 Edington joined the group TZ and SS. https://forum.marketoracle.io/activity/p/11920/ Sat, 04 Jul 2015 18:23:04 -0400 0 9167b9ed02dda480a8d5aa959aca9733 Edington replied to the topic ForexFactory terminated users in the forum General Discussions http://penguintraders.com/forums/topic/forexfactory-terminated-users/page/12/#post-7014 Sun, 21 Jun 2015 09:04:31 -0400 Dear Brothers,

As i try to expand my knowledge of Forex and markets, i have found one trick that works for forex factory. If you want to read something worth reading on ff, just look for threads where the thread starters have had their membership revoked. Funny, but true. Many great people that shared their ideas have been banned for no apparent…[Read more]

]]> 0 9a809d9cc12a939445eb36c64cd4de2a Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6981 Sat, 13 Jun 2015 22:05:18 -0400 Indeed. That was my default template i just used for comparison.  :-)

]]> 0 9e77657590a6bb5a6c87a24797ed1ebf Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6977 Sat, 13 Jun 2015 16:56:37 -0400 Dear fellow traders,

I would like to share an observation. Not sure if I should post it here or in the CMP thread. Anyway, I have noticed that when you compare CMP with CBV, there are undeniable similarities. CBV might give a faster signal, and I can use CMP to confirm that the scale is correct. Interesting stuff.  :good:

P.S. This is a…[Read more]

]]> 0 7cfbeae3d048cd28f00a4145c43f1c56 Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6977 Sat, 13 Jun 2015 16:56:37 -0400 Dear fellow traders,

I would like to share an observation. Not sure if I should post it here or in the CMP thread. Anyway, I have noticed that when you compare CMP with CBV, there are undeniable similarities. CBV might give a faster signal, and I can use CMP to confirm that the scale is correct. Interesting stuff.  :good:

Best,

Michael

]]> 0 dac724893e09686a3213dac62479fc22 Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6975 Sat, 13 Jun 2015 15:24:18 -0400 Thank you Saver0    :heart:

Its epic. :yahoo:  Cant wait to test drive some ideas for “her” on Monday.  Green pips all around!

Best,

Michael

 

 

]]> 0 8533461c1c801ba0c3cb7697b88a4da3 Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6975 Sat, 13 Jun 2015 15:24:18 -0400 Thank you Saver0    :heart:

Its epic. :yahoo:  Cant wait to test drive some ideas for “her” on Monday.  Green pips all around!

Best,

Michael

 

 

]]> 0 26dccce37cbabadb64cef784fbd24a31 Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-strengthpowervalue-indicator/page/6/#post-6972 Sat, 13 Jun 2015 08:09:34 -0400 The best way to do that is to mod the slowest lines to be the constant, and then use another set of lines to show you when to trade. Overlaying any bands or other indies over CMP causes data to change when you scroll… Personally, it may be possible to visually trade this setup. I will give this a closer look when the market will be open.…[Read more]

]]> 0 c9cf08ec3a10f997ac6e55bfacf03760 Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-strengthpowervalue-indicator/page/6/#post-6968 Fri, 12 Jun 2015 19:26:53 -0400 Hello Brothers,

I just want to share an observation. So far I have been experimenting with this indicator using the “stochastic” approach. I have had success, but also some problems i have previously described. But looking at the indi, I noted the following. What if instead of looking at OB and OS levels as I have been doing from the start,  we…[Read more]

]]> 0 c28044b37171db0aa62359a40cdb3ab2 Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-strengthpowervalue-indicator/page/6/#post-6968 Fri, 12 Jun 2015 19:26:53 -0400 Hello Brothers,

I just want to share an observation. So far I have been experimenting with this indicator using the “stochastic” approach. I have had success, but also some problems i have previously described. But looking at the indi, I noted the following. What if instead of looking at OB and OS levels as I have been doing from the start,  we…[Read more]

]]> 0 9e35e4c1d6fd680583853ab8aceb05d7 Edington and Saver0 are now friends https://forum.marketoracle.io/activity/p/11507/ Wed, 10 Jun 2015 22:32:38 -0400 0 bebf1dad884cfd2bbd9d78061befce9f Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6943 Sun, 07 Jun 2015 09:26:38 -0400 Hey Hannele,

I have taken a look but was unable to find one that works. The closest is this one, but it wont apply to the indi chart and displays a grid by default. If no alternative is found, can anyone modify it? I have tried already, but only with epic fail results.  :cry:

Best,

Michael

]]> 0 c6a45ec2dff77d82497d549f94db193d Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6938 Sat, 06 Jun 2015 23:52:55 -0400 No problem, here it is. I tried your method, but I was unable to get it to work.  :unsure: I will tinker with it tomorrow.

Edit. I got it work. Sometimes I get stuck on such simple things. Thanks Hannele  :-)

Edit2. It seems it has to be an overlay. The problem is that with the ma, once you scroll left and right, the ma to indicator ratio r…[Read more]

]]> 0 534cd1466fedf44d29485a1d1e14892e Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6938 Sat, 06 Jun 2015 23:52:55 -0400 No problem, here it is. I tried your method, but I was unable to get it to work.  :unsure: I will tinker with it tomorrow.

Edit. I got it work. Sometimes I get stuck on such simple things. Thanks Hannele  :-)

Best, Michael E

]]> 0 c31ba4fc89d66e098def334e7ca759df Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6938 Sat, 06 Jun 2015 23:52:55 -0400 No problem, here it is. I tried your method, but I was unable to get it to work.  :unsure: I will tinker with it tomorrow.

Best, Michael E

]]> 0 7795e2c3e10d15a9fd3bb1c39e3a25b5 Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6931 Sat, 06 Jun 2015 09:44:04 -0400 I have a “stupid” MT4 question…I feel embarrassed asking it….but how do you overlay the chart over the indicator?

Best, Michael

]]> 0 d7718c55bd5f8ddd1a2951732d253761 Edington replied to the topic Currency Basket Price in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-basket-price/#post-6929 Sat, 06 Jun 2015 08:55:16 -0400 Dear Saver0,

Thank you so much for sharing this indicator. :good: I cant wait to try “her” out Monday. I think she has great potential.

Best,

Michael

]]> 0 e211fbedeffcb27c5298999972eb41c4 Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion http://penguintraders.com/forums/topic/currency-strengthpowervalue-indicator/page/6/#post-6918 Thu, 04 Jun 2015 11:48:17 -0400 Indeed. Using both lines filters out very well. Provides much information. Ideally, the best entries are when both are opposed in the extremes, but I have also found it true that if you know the trend direction, you can use the second line to get very accurate entries as well.  :good:

]]> 0 afc86e78e7ff0f9544e37d721383e96d Edington posted an update: Playing with Saver0's currency strength indicator. https://forum.marketoracle.io/activity/p/11445/ Thu, 04 Jun 2015 09:31:53 -0400 Playing with Saver0’s currency strength indicator.

]]> 0 6dc07fbf2b6474a022da74621d18582e Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals http://penguintraders.com/forums/topic/arthurs-tradefinder-tests/#post-6897 Sun, 31 May 2015 11:18:08 -0400 Hey Arthur.

Looking at the charts, it reminds me of something i used to see a lot in the stock market. After the market would close for the session, the market makers would swap shares between themselves. If you used Level 2, you could see who and how much. I am unsure of what effect the spikes will have on open price. I have no kind words about…[Read more]

]]> 0 ec92065b5d6e88ec3dea540fb1aa7b78 Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals http://penguintraders.com/forums/topic/arthurs-tradefinder-tests/#post-6881 Fri, 29 May 2015 15:58:20 -0400 Hey Arthur,

if the signal disappears after 2 candles, i am not sure how successful this will be in the longer run. I would try to run a back test simulator to determine how bad it changes. I assume it locks in after 2 closed candles, but that may be a signal too late, depending on the setup.  It is interesting however and again, thanks for…[Read more]

]]> 0 6caef3a2f24d3077ccfa6fb950fd63d3 Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals http://penguintraders.com/forums/topic/arthurs-tradefinder-tests/#post-6837 Tue, 26 May 2015 07:47:56 -0400 So the blue dot sets the bullish trade target, being the top of the candle. I assume reverse works for red dots? Interesting…

Best, Michael

]]> 0 ae507b3c5c7d70f77f418eb06367b774 Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals http://penguintraders.com/forums/topic/arthurs-tradefinder-tests/#post-6814 Sat, 23 May 2015 23:34:19 -0400 Scavenge is my middle name lol.

]]> 0 6634f6d71e60fd28b9a1cd098355b6bc Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals http://penguintraders.com/forums/topic/arthurs-tradefinder-tests/#post-6810 Sat, 23 May 2015 14:27:44 -0400 Hey Arthur. Very interesting, allow me to subscribe  :good:

Best, Michael

 

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