thanks for the quick reply jado! i will try it out monday!
btw, do i only go into a trade if the xm7 indi gives me a strong signal? and how long do u leave your trade open for since u use the 4h chart?
thanks for the quick reply jado! i will try it out monday!
btw, do i only go into a trade if the xm7 indi gives me a strong signal? and how long do u leave your trade open for since u use the 4h chart?
Right on thats exactly what I do, so far I havent figured out a good exit. ther is one I have in mind theoratically it shoud work but I havent tried it but dont want to confuse you.
If you go to the daily cross over system thread and use his macd, youāll see that when ever youtake the trade on th 4hr chart his macd maās cross on the daily chart which means whenever they cross over again you should exit!
Iāll have more about this later.
Jado
Thanks jado! I will have a look at the cross over system. Looking foward to your explanation later!
took those trades early during london open
EURCAD LONG @ 1.5890 +91 pip
AUDNZD short @ 1.2599 -30 pip
Hi Jess,
Iāve been reading this thread with great enthusiasm.
Can you please give me the exact criteria you use to enter a trade so thereās no confusion on my part.
Also, the alert idea you have sounds very interesting. How are you getting on with it? Need a beta tester?
Thanks,
Jenks.
my audnsz short got stoped out -124 pip
I set the SL @ 12692 and the price got to 12693 mmm bad luck I guess or it could be the broker.
EURCAD is setting at 73+ now
Jenks are u referring to what I do or jadoās approach?
Hi, was referring to your system integrated with Jadoās.
Thanks.
BTW folks, there is an updated version of the xm7 (v0.2) indi at:
xmess7
-Added colored letters B and S to the labels that are shown on chart. Now all potential entries are placed on the chart as a label with the price and a colored letter S or B next to it. Makes a little easier to read. (note: for this you need to have DrawAlertOnChart set to true.
Hi Jess,
Got a couple of questionsā¦
In your samebar vid clip you talk about bias and when it changes to 0. Where can I see this bias?
Iāve set my chart to have a black background. Is this the reason I donāt see the B and S indiās?
Thanks,
Jenks.
ps/ have sent an add contact request to your hotmail acct for IM. Hope you can accept. Ta.
My approach is different. Kinda complicated (alot of math and probability involved). I use very few if not any indicators. In fact I trade in the nude most of the time LOL. Nude as in no indicatorā¦ with my cloths on LOL. The xm7 indi is something I put together to HELP me. What it really does is provide me with a way to allow the computer to monitor currencies. When (based on the way I place the inputs) a signal is generated I get a call. Then I zip over to any machine that has internet and log on remotely to my machine. Then I LOOK to see what price is doing (PRICE ACTION) and make a determination if I should or should not enter.
In a nutshell that is it.
As soon as I can I will place more videos on the site showing how I handle trades and the other facets of the xm7 indi.
You should see something similar to the image I have. BTW this is my typical setup.
The labels should be visible on light backgrounds too. Let me know if u are still having problems.
Resend your request. I get alot of request and if I donāt recognize the email or if there is no message I delete them, sorry.
Hi Jess,
Can you please explain the bias and how that impacts the trading decisions you make. eg. Major Bias 0, Minor Bias 1.
Also, Iāve double checked and I donāt get the B and S signalsā¦sorry.
Iāve sent you an email request, informing you that I sent you an IM request.
Thanks,
Jenks.
Jenks:
Forgot to mention. The B and S labels are real time. So you wonāt see anything until the signal is really generated.
hi xmess, how come i donāt see the green and red arrows on my chart?
btw, thanks for sharing ur indiā¦itās really useful!!
hey. Go to the website and downloard the lastest version 0.2
You will not see anything until a the condition is met. You need to leave it on and let the conditions happen. It doesnāt calculate it for the rest of the bars that are on the screen.
By the way I have several signals from the xm7 and they are all positive at the moment. I did not take all of them only took one. This is just to illustrate the indi on its on at work.
Check out below:
Oh oh sorry. I thought u were having the same problem as jenks. The green and red arrows belong to the SuperSignal3d indicator. IT is like the semafor but in my opinion better. I donāt use it much, just have it for reference. If u are interested let me know and Iāll post it here so u can download it.
Jess
Hi Xmess7,
I had a similar question. Would appreciate if you upload SuperSignal3d indicator. I have seen this with someother system. Want to try with current system and see if it aids any more information.
Regards
tnm
Hi Jado,
I just received an email alert telling me the following:
[B]AUDUSD at 11:15:51 SSL trend changed to down[/B]
However, I cannot see anywhere in the AUD/USD charts (on any timeframe) where the SSL lines have crossed.
Why would I receive this alert???
Only thing I can think of is that itās something to do with the Lb parameter, which is set to 10 on my SSL indi. What does this refer to??
Thanks,
Jenks.
ahaā¦the lines just crossed on the m15.
maybe they also crossed a few minutes ago and then āun-crossedā when I checked the chart on mt4, therefore leading me to think that they hadnāt crossed.
what does the Lb param mean anyway?
Would be keen to chat with you. I sent you an MSN IM request. Hope you can accept.
Cheers.