Price Action Trading With Indicators~$~The Freebie System~$~

trading strategies and money management discussion, code, results

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Dredding82
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Price Action Trading With Indicators~$~The Freebie System~$~

Postby Dredding82 » Thu Mar 31, 2011 3:41 am

Very Easy System!! & SUPER Profitable!! If Traded Properly!!!

GREEN LINES ARE Buys....RED LINES ARE Sells in the pictures attached below!

Had another thread for this system but the MODS seemed not to like how many views it got in under a month or how many good votes it got on the poll so they moved it to NO MANS LAND...lol. YES THIS IS PRICE ACTION TRADING! HA Candles WILL CONFIRM ANY ....I REPEAT!!! ANY PRICE ACTION SETUP! If you have something to say about repainting indicators....READ MY OTHER THREAD! All ready went over all that BS with other people that DO NOT trade for a living and they do not know HOW TO USE a indicator properly! WE ARE NOT USING THE ZZ indicator or ZigZag indicator to ENTER THE TRADE!!

If you want to call me out on something/be rude or think i am wrong about something....LETS TAKE IT OUTSIDE LIKE MEN!!(PM me)....Im sure i can PROVE to you how your wrong and im right!! I am here to HELP people not ARGUE WITH IMMATURE NEWBIES that dont know anything!! or IMMATURE OLD TRADERS that are stuck in there OLD WAYS!(Cant Teach an OLD DOG NEW TRICKS!) lol


Here is the LINK to the 1st Freebie System Thread: ~~~http://www.forexfactory.com/showthread.php?t=276813
I must warn you people there trashed it with alot of the same questions so its full of BS questions that have been answered like 100 times over and over again!
BUT LOOK AT THE POLL!!~~~~ http://www.forexfactory.com/poll.php...lts&pollid=828

DO NOT post on this thread with questions about OTHER indicators ...THEY ARE NOT NEEDED! DO NOT ask me if i trade this or if it is profitable! ...look at the other thread i started....ALL ANSWERS are there....DO NOT post asking for the indicators..DO NOT post asking others for indicators, PM THEM!!.IF you DO NOT know what is on my charts PM me...these indicators ARE FREE and CAN be found on this forum or any other forum about investing! KEEP THIS THREAD CLEAN OF BS QUESTIONS!!!! PLEASE!!

**What is a BS question you ask? ANY QUESTION THAT HAS ALREADY BEEN ANSWERED MORE THEN ONE(1) TIME!**

INDICATORS
1) Stoch (10,3,3,...Simple, Close/Close) or pick your own!
2) Heiken Ashi (HA CANDLES!!)
3) ZZ Semafor
4) ZigZag
5) Pivot & Mid Pivot Points

There are only 4 SIMPLE RULES! (DONT Trade with EMOTIONS!!) If your scared to lose money....YOUR TOO SCARED TO MAKE MONEY!!

SELL
1) Failed At Pivot
2) ZZ Semafor On TOP(Within A Few Candles)
3) Stoch Crossed DOWN
4) HA Candle Closed RED
SL= Last High(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or use other pivots
DONT BE GREEDY!

BUY
1) Failed At Pivot
2) ZZ Semafor On BOTTOM(Within A Few Candles)
3) Stoch Crossed UP
4) HA Candle Closed GREEN
SL= Last Low(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or use other pivots
DONT BE GREEDY!

** If you DO NOT KNOW what a "FAIL AT PIVOT" means... GOOGLE it or look it up here on FF...or better yet.......JUST DONT USE IT...my system WILL STILL WORK WITHOUT IT!**

It can be used on any TF....that is up to you and what you like to trade! The higher the TF the more pips....just as any other system! I use it on the M15 for Day Trading myself and i also use it on the H1-D1 for longer TERM TRADES!

For which way to trade, buy or sell......GO WITH A HIGHER TF TREND! HUH? WHAT? I dont understand?..........Trend is up to you, look for higher highs or lower lows....TOO HARD? Then use a Moving Average....If you cant find the TREND...stick with your day job cause trend is not that hard...

Any questions look at my other thread for this system....I KNOW THE ANSWERS ARE IN IT! LOL....

Attached is a BASIC TEMPLATE! YOU MUST ADD your OWN PIVOTS & Trend INDICATOR!

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bomberone1
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Postby bomberone1 » Fri Jul 08, 2011 6:38 am

Could you posr trading results on real account?
Could you build this for multicharts?

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poipen
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Postby poipen » Fri Jul 08, 2011 7:29 am

So the forum has come to this... This is a sad day in Kreslik history
Wise Men Know Their Limits, Great Men Have No Limits.

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newscalper
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Postby newscalper » Tue Jul 12, 2011 10:43 am

:shock:
Chill man. Not a bad system tbh but no need to be so agressive.

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bredin
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Postby bredin » Tue Jul 19, 2011 5:16 am

I dont think poipen was having a go at the original poster ;)

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bomberone1
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Postby bomberone1 » Tue Jul 19, 2011 7:25 am

Folks i want see automtic trading strategy for multicharts, why no one help me?

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newscalper
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Postby newscalper » Tue Jul 19, 2011 10:32 am

:roll:

bomberone1
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Postby bomberone1 » Tue Jul 19, 2011 11:28 am

I try so setum metatrader but it doesn't work.
where is a help file to understand how does it works?
My best.

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newscalper
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Postby newscalper » Wed Jul 20, 2011 3:08 pm

WHAT are you talking about? Nothing WORKS. All it is is a few indicators to help you see price action.
You put the template in the metatrader template folder in the main metatrader directory and the indicators in the indicators folder within the experts folder.

Google is a wondrous invention

Google


And if you want to understand this system it's this:
Find the trend on a higher TF.
Go to the lower timeframe and trade the pullback at the rejection of a pivot.
All the rest of it is indicators to help you see.

Get it???

And I thought the OP was being too agressive :lol: :lol: :lol: :lol:

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