gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
I made some changes to the Volume Oscillator:
Instead of contributing the whole “Volume” to up or down bar:
I’m only contributing partial Volume according to the ratio of (Close-Open) / (High-Low).
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
That relates to TOTAL trading strategy.
1. Selecting the possible (higher probability) currency pair to trade: should be based on Currency-Strength indicator, preferably a scanner based on it.
2. Filtering suggested pairs by Trend strength.
3. Once currency pair is selected, find the retracement (“buy cheap…” – Peak or Trough) as e…[Read more]
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
That relates to TOTAL trading strategy.
1. Selecting the possible (higher probability) currency pair to trade: should be based on Currency-Strength indicator, preferably a scanner based on it.
2. Filtering suggested pairs by Trend strength.
3. Once currency pair is selected, find the retracement (“buy cheap…” – Peak or Trough) as e…[Read more]
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
That relates to TOTAL trading strategy.
1. Selecting the possible (higher probability) currency pair to trade should be based on Currency-Strength indicator, preferably a scanner based on it.
2. Filtering suggested pairs by Trend strength.
3. Once currency pair is selected, find the retracement (“buy cheap…” – Peak or Trough) as e…[Read more]
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 5 months ago
Thanks.
Installed and having problems, changing TF’s indicator lines disappear.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Yeah… ;-}
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Wrong.
Swing rules are for identifying Peaks & Troughs (colored bars on chart) in my posts.
Volume Oscillator is for pinpoint the recommended bar for entry in the Peak or Trough area.
Trend rules not yet explained or defined.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Wrong.
Swing rules are for identifying Peaks & Troughs (colored bars on chart) in my posts.
Volume Oscillator is for pinpoint the recommended bar for entry in the Peak or Trough area.
Trend rules not yet explained or defined.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Wrong.
Swing rules are for identifying Peaks & Troughs (colored bars on chart) in my posts.
Volume Oscillator is for pinpoint the recommended bar for entry in the Peak or Trough area.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Overall Trend is DOWN. Green bars are Peaks whithin down trend, Orange are Troughs.
Thus I marked entry points at Peaks areas.
Discussion on TREND function definition and how to define it correctly will be within the “Trading made REALLY Simple”.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Overall Trend is DOWN. Green bars are Peaks, Orange are Troughs.
Thus I marked entry points at Peaks areas.
Discussion on TREND function definition and how to define it correctly will be within the “Trading made REALLY Simple”.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Overall Trend is DOWN. Green bars are Peaks, Orange are Troughs.
Thus I marked entry points at Peaks areas.
Discussion on TREND function definition and how to define it correctly will be within the “Trading made REALLY Simple”.
G.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
For me this subject is concluded.
Awaiting for your contributions on Peaks/Troughs & Trend on the “Trading made REALLY Simple” thread.
Hoping to help everyone in this community to build a sturdy and solid trading system, not just small parts of it.
The VolumeOsc will also play its part, as already mentioned.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
For me this subject is concluded.
Awaiting for your contributions on Peaks/Troughs & Trend on the “Trading made REALLY Simple” thread.
Hoping to help everyone in this community to build a sturdy and solid trading system, not just small parts of it.
The VolumeOsc will also play its part, as already mentioned.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Impossible for me to do two things simultaneously.
I’m male. ;-}
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Already responded to that question:
ForexGT_VolumeOsc is meant to Pinpoint the exact bar in the Peak/Trough area to enter in the direction of the Trend.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Already responded to that question:
ForexGT_VolumeOsc is meant to Pinpoint the exact bar in the Peak/Trough to enter in the direction of the Trend.
G.
MTH2014 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
If I’m not wrong, Waleed is one of our Early Penguin member from Egypt ( but I forget his nickname here.. lol..)..

MTH
Edit:
Hiks… Actually I’m wrong.. lol Sorry.. Brothers..
http://penguintraders.com/forums/topic/thousand-advice-for-trader/#post-1634
Have a nice week end and may the profit be with you forever..
MTH
MTH2014 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
If I’m not wrong, Waleed is one of our Early Penguin member from Egypt ( but I forget his nickname here.. lol..)..

MTH
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Trade signals that are with the trend, i.e. in Down trend you trade only UP breakouts, and opposite in Down Trend.
That will reduce almost 90% of bad trades.
G.
- Load More