I would like to raise this discussion again because I believe the indicator has great potential.Please read everything carefully I have posted below and visit the links for more reference.
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Post #57 By luins38 from indo-investasi.com
GOOD NEWS!!!
It took me 3 weeks to analyze the results of the vendor and finally I discover the formula and the strategy. I invested a lot time and nights as well... I am so tired because of that.
So, I only go to share the formula with you ($2000, not bad uhh?)
I think you can discover as me the strategy, just study the daily results and I am sure you are going to discover it. I am going to tell you only the tools you need to save you time. Put a few of your time.
Here we go...
You need to do this every new day (broker time).
FXDD Malta has the same time of vendor´s broker.
First you need the common pivots indicator that is for free in many places.
Apply it to your 5 Min chart.
Now apply this (Math) formula to that fibo lines (use the lines tool of MT4) :
Central Pivot is the same. No change!
New R1 = R1 + R2 + Pivot / 3
Magic Distance = (New R1 - Pivot) = # of pips to apply to the other R´s and S´s
New R2 = New R1 + Magic Distance (add the number of pips to new R1)
New R3 = Current R3
New S1 = Pivot - Magic Distance
New S2 = New S1 - Magic Distance
New S3 = Current S3
Note: If somebody can make this new indicator, please do it and share it with us.
Now you have a perfect distance among R´s and S´s (all that distances are the same!!!)
You will notice the market respect that lines almost all the time in every time frame.
That´s it! Easy, but It cost me many headaches.
Ok, now these are the tools you need to discover the Strategy:
Stoch simple 8.3.3
RSI 4 (HL/2)
Fibonaci Retracements MT4 indicator
Zig Zag 9.5.3
5 Min and 15 Min charts.
The formula, of course!
And time, time, time...
I am very happy because I am making 105, 230, 470 and more pips every single day!!! At last is my turn to get millionaire.
Good Luck....
Post #75
iwjw from indo-investasi.com :
I've modified the JercaPivot so that you can see historical levels on the chart
Easy to see that price is respecting the lines often...in hindsight
But which line will future price respect?
Don't see a difference/advantage compared with "normal" pivot lines"
[Dear Guest/Member you can't see link before click here to register]
[Dear Guest/Member you can't see link before click here to register]!
Post #57 By luins38 from indo-investasi.com
GOOD NEWS!!!
It took me 3 weeks to analyze the results of the vendor and finally I discover the formula and the strategy. I invested a lot time and nights as well... I am so tired because of that.
So, I only go to share the formula with you ($2000, not bad uhh?)
I think you can discover as me the strategy, just study the daily results and I am sure you are going to discover it. I am going to tell you only the tools you need to save you time. Put a few of your time.
Here we go...
You need to do this every new day (broker time).
FXDD Malta has the same time of vendor´s broker.
First you need the common pivots indicator that is for free in many places.
Apply it to your 5 Min chart.
Now apply this (Math) formula to that fibo lines (use the lines tool of MT4) :
Central Pivot is the same. No change!
New R1 = R1 + R2 + Pivot / 3
Magic Distance = (New R1 - Pivot) = # of pips to apply to the other R´s and S´s
New R2 = New R1 + Magic Distance (add the number of pips to new R1)
New R3 = Current R3
New S1 = Pivot - Magic Distance
New S2 = New S1 - Magic Distance
New S3 = Current S3
Note: If somebody can make this new indicator, please do it and share it with us.
Now you have a perfect distance among R´s and S´s (all that distances are the same!!!)
You will notice the market respect that lines almost all the time in every time frame.
That´s it! Easy, but It cost me many headaches.
Ok, now these are the tools you need to discover the Strategy:
Stoch simple 8.3.3
RSI 4 (HL/2)
Fibonaci Retracements MT4 indicator
Zig Zag 9.5.3
5 Min and 15 Min charts.
The formula, of course!
And time, time, time...
I am very happy because I am making 105, 230, 470 and more pips every single day!!! At last is my turn to get millionaire.
Good Luck....
Post #75
iwjw from indo-investasi.com :
I've modified the JercaPivot so that you can see historical levels on the chart
Easy to see that price is respecting the lines often...in hindsight
But which line will future price respect?
Don't see a difference/advantage compared with "normal" pivot lines"
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