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mob
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Postby mob » Tue Jun 22, 2010 1:11 am

which MACD divergence indi are you guys using? Is this one also ok:
http://codebase.mql4.com/1115?

Thanks for sharing your method dchappy and all other posters!

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Phil
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Postby Phil » Tue Jun 22, 2010 5:29 am

vikvik wrote:Phil, thank you for reply and range bar indi, all set up and working. :smt001


All credits goes to Chappy for the method and his support, Monalisa for the woodie and her inspiring posts and to Flinux for pointing me to the range script and for helping me out on my questions. Without these folks i still was chasing my on tail.
Not to mention i´m not yet there and still have a lot to (un)learn and practice.

Feel free to post any charts with any trades so far, we´ll can benefit and help each other.

Enjoy your day.

Phil

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Phil
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Postby Phil » Tue Jun 22, 2010 5:35 am

mob wrote:which MACD divergence indi are you guys using? Is this one also ok:
http://codebase.mql4.com/1115?

Thanks for sharing your method dchappy and all other posters!


Hi mob,

As far as i know, and the one i´ve got is from TRO. See the attached file.
I don´t know whether there are any differences between them. I don´t use divergence yet, i need to fully understand it first.
Perhaps somebody else knows what the differences are between both indies?

Regards,
Phil
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macd_Divergence.mq4
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Phil
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Postby Phil » Tue Jun 22, 2010 8:48 am

First trade of the day was a loser.
Second one was a winner.

I sweated my pants off cause i did increase the lot size after a straight serie of winners before.
But, in the end, just trust the sema and learn from any mistakes :D

After the entry, price went up, which coloured the HA back into positive which (in combination of a bigger lotsize) made me drink alot of coffee, so i´m a bit excited right now. I can´t help myself :smt081



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flinux
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Postby flinux » Tue Jun 22, 2010 5:06 pm

Write a post with a chart showing where you opened the loser trade, so we can all understand where the error was (if there was).
I am happy that the second trade was a winner. ;)
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cosmoe1
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OK Guys Help Me Out

Postby cosmoe1 » Wed Jun 23, 2010 3:25 am



What SHOULD The Price Do From Here?
I tried trading with the M2 chart. Keep getting stopped out. (learning)
So I switched to the H1 chart. Just trying to learn how to trade divergence.
What I see is the MacD is making higher lows. Price is making lower highs.
The way I am understanding divergence, the price should start making new highs. Or am I wrong. I know the market does not always do what it is expected.

Cos

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Phil
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Re: OK Guys Help Me Out

Postby Phil » Wed Jun 23, 2010 5:54 am

cosmoe1 wrote:
What SHOULD The Price Do From Here?
I tried trading with the M2 chart. Keep getting stopped out. (learning)
So I switched to the H1 chart. Just trying to learn how to trade divergence.
What I see is the MacD is making higher lows. Price is making lower highs.
The way I am understanding divergence, the price should start making new highs. Or am I wrong. I know the market does not always do what it is expected.

Cos


Hi Cos,
Sorry to hear you get stopped out alot.
I myself do not trade divergence yet. Did you get stopped out on trading divergence or on trading with HA, semafors and cci?

As far as i understand do i agree with you that price has to go up, since like you said, the macd is making higher lows and price is making lower lows. This is hint of a POSSIBLE reversal.
Perhaps someone else, who trades divergence, can shed a light on this?

Phil

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Postby Phil » Wed Jun 23, 2010 6:08 am

flinux wrote:Write a post with a chart showing where you opened the loser trade, so we can all understand where the error was (if there was).
I am happy that the second trade was a winner. ;)


I don´t have the chart available anymore and it´s a bit difficult of tracking the price back since the range script is messing up the datetimes.
The trade i entered was a short. I did enter cause the sema 2 occurred at the top. The cci turned from green to red and on the HA bar close the ha was red. So i opened up on the next opening bar which turned green and moved the sema.

I think i just need something to determine if the sema is in place or not, if possible... Could it be a candlestick pattern, or doesn´t this make any sense since we´re using range bars?
How do you all guys and girls handle this? Any advice is welcome.

Enjoy this wonderful day.
Phil

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Phil
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Postby Phil » Wed Jun 23, 2010 9:00 am

Chappy method with applied Fib levels. Price did retrace to the 61.8% level allready. Will it continue?


Also notice the nearest red bar at the yellow candle.
This was my entry before. I kid you not that the cci WAS red at that moment, but look at it now... This trade didn´t succeed. Anyone else came across this that afterwards the CCI switched colours?
Or is it a known fact that the CCI repaints? Just curious...

Have fun,
Phil

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flinux
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Postby flinux » Wed Jun 23, 2010 11:35 am

Yes, CCI can change the color. This is the reason why we need to wait for the closing of the candle!
So faith, hope, love remain, these three; but the greatest of these is love. - 1 Corinthians 13:13

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