MISSED PIVOTS

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Fri Aug 23, 2019 10:26 am

Hello dear Kreslik members,
TRO has shown it in his YT video. At first I did not want to believe :shock: So I did some research and annoyed TRO a bit with my questions :D
MISSED PIVOTS is incredible. From now on I call this system: money printing machine for loafers 8)
On the chart you can see the following:
Previous candle closed with 1.8125. Missed Pivot is at 1.80498. So OPEN ABOVE PP and the probability is 77.55% to go below PP.
During the night I bet a trade, SL on the high of the previous candle +5 pips and TP at 1.80550

Desktop Screenshot 2019.08.23 - 12.08.13.10.png
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TheRumpledOne
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Re: MISSED PIVOTS

Postby TheRumpledOne » Fri Aug 23, 2019 4:17 pm

stubish wrote:In the first post there's a dot on each candle. I can only assume that's the candle pivot? If so, how do I get this dot to show up. I've been right through the TRO_HL5 indicator and couldn't get it showing. Is it another indicator?

Thanks in advance!


TRO_MID_DOTS plots the dots.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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TheRumpledOne
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Re: MISSED PIVOTS

Postby TheRumpledOne » Fri Aug 23, 2019 4:18 pm

Skyold wrote:Hello dear Kreslik members,
TRO has shown it in his YT video. At first I did not want to believe :shock: So I did some research and annoyed TRO a bit with my questions :D
MISSED PIVOTS is incredible. From now on I call this system: money printing machine for loafers 8)
On the chart you can see the following:
Previous candle closed with 1.8125. Missed Pivot is at 1.80498. So OPEN ABOVE PP and the probability is 77.55% to go below PP.
During the night I bet a trade, SL on the high of the previous candle +5 pips and TP at 1.80550

Desktop Screenshot 2019.08.23 - 12.08.13.10.png


I wasn't annoyed. My answers tend to be curt.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Tue Aug 27, 2019 9:33 pm

Inspired by TRO Missed Pivot, I placed 3 trades last night.
The probability is approximately the same at about 68%
You can call it lucky or statistics.
It is a very strong unbelievable trading variant. Money printing machine for loafers
That's why I want to share it with you.
Risk per trade is 2%. SL I set at significant points (support or resistance)
Many thanks to TRO

Desktop Screenshot 2019.08.27 - 23.10.57.57.png
Desktop Screenshot 2019.08.27 - 23.10.57.57.png (134.71 KiB) Viewed 195 times


Desktop Screenshot 2019.08.27 - 23.10.49.03.png
Desktop Screenshot 2019.08.27 - 23.10.49.03.png (133.1 KiB) Viewed 195 times


Desktop Screenshot 2019.08.27 - 23.10.33.43.png
Desktop Screenshot 2019.08.27 - 23.10.33.43.png (141.08 KiB) Viewed 195 times
Do the right, right and often enough = success

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LeMercenaire
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Re: MISSED PIVOTS

Postby LeMercenaire » Tue Aug 27, 2019 9:48 pm

Skyold wrote:Inspired by TRO Missed Pivot, I placed 3 trades last night.
The probability is approximately the same at about 68%
You can call it lucky or statistics.
It is a very strong unbelievable trading variant. Money printing machine for loafers
That's why I want to share it with you.
Risk per trade is 2%. SL I set at significant points (support or resistance)
Many thanks to TRO

Desktop Screenshot 2019.08.27 - 23.10.57.57.png

Desktop Screenshot 2019.08.27 - 23.10.49.03.png

Desktop Screenshot 2019.08.27 - 23.10.33.43.png


For the sake of building on a solid foundation, could you explain exactly what you are doing?

OK, it's called "Missed Pivots" but that actually is no real practical use at all.

Are you waiting for price to miss a pivot and then trade away from it, or trading back toward, looking to close the gap from where price is, to the pivot?

See what I mean?

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Tue Aug 27, 2019 9:59 pm

Hello LeMercenaire,
I explain briefly my approach:
During the day, FPP (Future Pivot Point) is displayed on the chart. This value changes the position during the day depending on how the movement is. At the end of the day before the new Daily Candle appears, I look at the FPP. Is the closing price above FPP or below the FPP. Then I have the statistics of the last 100 candles depending on whether above or below FPP.
The statement: 'looking to close the gap from where is price, to the pivot' is correct.
I hope I could put some more light into the dark with google translators.
Do the right, right and often enough = success

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Tue Aug 27, 2019 10:18 pm

LeMercenaire wrote:
Skyold wrote:Inspired by TRO Missed Pivot, I placed 3 trades last night.
The probability is approximately the same at about 68%
You can call it lucky or statistics.
It is a very strong unbelievable trading variant. Money printing machine for loafers
That's why I want to share it with you.
Risk per trade is 2%. SL I set at significant points (support or resistance)
Many thanks to TRO

Desktop Screenshot 2019.08.27 - 23.10.57.57.png

Desktop Screenshot 2019.08.27 - 23.10.49.03.png

Desktop Screenshot 2019.08.27 - 23.10.33.43.png


For the sake of building on a solid foundation, could you explain exactly what you are doing?

OK, it's called "Missed Pivots" but that actually is no real practical use at all.

Are you waiting for price to miss a pivot and then trade away from it, or trading back toward, looking to close the gap from where price is, to the pivot?

See what I mean?


Hello LeMercenaire,
To make it even clearer, I have labeled the chart

Desktop Screenshot 2019.08.28 - 00.16.06.95.png
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Do the right, right and often enough = success

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LeMercenaire
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Re: MISSED PIVOTS

Postby LeMercenaire » Tue Aug 27, 2019 10:36 pm

Excellent. That makes sense. Thank you.

It's weird, I had gone on and edited my post with an additional point and somehow that edit was not posted.

For the record, what I had said seems to hark to your explanation: I had asked if - using the Second shown bar (red) closes, do you then trade back towards the little yellow dot, using the last shown bar (green)?

I had not realised that the pivots you were keying off of were dynamic on the last bar.

It does seem more than a little interesting.

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Re: MISSED PIVOTS

Postby Skyold » Tue Aug 27, 2019 10:54 pm

LeMercenaire wrote:Excellent. That makes sense. Thank you.

It's weird, I had gone on and edited my post with an additional point and somehow that edit was not posted.

For the record, what I had said seems to hark to your explanation: I had asked if - using the Second shown bar (red) closes, do you then trade back towards the little yellow dot, using the last shown bar (green)?

I had not realised that the pivots you were keying off of were dynamic on the last bar.

It does seem more than a little interesting.


exactly.

With the opening of the new candle (green) the little yellow dot appears. That's the PP.
And then trade in the direction of the PP.
Of course, such large difference, from opening to PP, only appear when the previous day candle has made a big movement (red candle).
Do the right, right and often enough = success

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Skyold
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Re: MISSED PIVOTS

Postby Skyold » Tue Aug 27, 2019 11:04 pm

I have just set 3 trades. All 3 are GBP pairs.
Let's see what happens.
Do the right, right and often enough = success

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