Simple & almost naked. The dream date or the dream system?

[blizard]

Nice Trade Darklighter. As far as my PT, "Based on S&R and/or Pivot point" would best describe my trading style. If im up 8+ pips and im approaching a SR level or fib, ill definitely take my profits.

[blizard]

Nice trades today on the 5 minute EUR/JPY chart.

[CryAgony]

hello Blizzard

In the end what swingzz settings did u choose ? 3 or what else? (for M1 trades)
and do u enter trade after the break candle has closed or during the move?

Cheers

[rimallz]

Hi every one,
First I thank you all for your efforts and mainly Blizard for this great system. Please I need your help since I am using TradeStation v2 that does not offer Autodayfibs indicator. Is there any other alternative indicator to show the daily hi and low?.

thank you and regards,

[sandybeach]

hello Blizzard

In the end what swingzz settings did u choose ? 3 or what else? (for M1 trades)
and do u enter trade after the break candle has closed or during the move?

Cheers

I have found try 4 on 5 min chart, not as many opportunities as 2, but bigger gains

[blizard]

I mainly trade the 5 minute chart now, each trade usually yields 10+ pips. I prefer the minbBar settings on "2" for the 5 minute and above time frames. For 1 the minute charts, i would recommend 3 or 4 for minBars. I only enter a trade once the candle has closed on all time frames.

thanks

[thekillerpt]

i've been following this topic since the beggining, but I still didn't had the time to trade it properly and the small amount of time I did had I wasn't able to properly draw the lines, anyway i've been trying to backtest the EA but the results are account blown up. did anyone tried to backtest the EA ?

[CryAgony]

I mainly trade the 5 minute chart now, each trade usually yields 10+ pips. I prefer the minbBar settings on "2" for the 5 minute and above time frames. For 1 the minute charts, i would recommend 3 or 4 for minBars. I only enter a trade once the candle has closed on all time frames.

thanks

is it valid if closed only with the shadow or the whole body of the candle must break the level?

"I only enter a trade once the candle has closed on all time frames. " It means you trade with confirmation of higher TF with same concept? which TF you refering to if I may ask?

Thx again

[blizard]

The body must close past the trend-line. Be careful however if the break of the trendline is close to the fib pull back sweet spot between the 61-76% of the larger movement. I have attached an image to explain. The candle closed past the trend-line however, not a good place to enter because of the sweet spot.

Also, i only wait for the candle to close on the time frame im trading usually 5 minute nowadays.

thanks

[blizard]

Hello, some nice setups today on the 5 min EUR/USD. To eliminate smaller movements / breakouts I have switched the minBars to "3" so I catch the larger movements alone going forward.