HGI + Sixths + a bit of Semafor

Post by **forexdj** » Sat May 21, 2016 5:17 am

Superb trading method Charles. Completely brilliant. Closely following.

Post by **RisklessPips** » Sat May 21, 2016 11:33 am

For followers of classic TA patterns HGI and sixths does not disappoint

Take a look at what happens at (mostly) the end zones and how to recognise when a pair is shaping up to go on your watchlist

Classic TA Pattern Confluence with HGI.pdf

jozec · Post by **jozec** » Sat May 21, 2016 8:49 pm

Hi everyone, for those who have a problem with the sixth indicator with regards to the zooming issue, i use the attached indicator. I ithink it serves the same purpose.
An additional confirmation for me for this strategy is that it normally occurs during Regular Divergence for the A+++ trades.
looking forward to posting some live trades.

SIXTHS SQ.mq4

jozec · Post by **jozec** » Sat May 21, 2016 9:13 pm

This is an example of what i'm talking about, AUDUSD DAILY.

Post by **SteveHopwood** » Sat May 21, 2016 9:23 pm

jozec » Sat May 21, 2016 8:49 pm wrote:Hi everyone, for those who have a problem with the sixth indicator with regards to the zooming issue, i use the attached indicator. I ithink it serves the same purpose.
An additional confirmation for me for this strategy is that it normally occurs during Regular Divergence for the A+++ trades.
looking forward to posting some live trades.

As I recall, this was a version of the indi posted by the genius squalou. This guy in unparalleled in indi coding. Thanks for posting it because I could not find it.

Instead of relying on the hilo of the current chart, sqalou's version bases the sixths on the previous BarCount bars - 120 by default. The chart zoom becomes irrelevant.

This always made more sense to me than just relying on the chart definition and I coded several EA's using it. They failed, but that is a different matter. I strongly suggest adopting sq's indi for determining the sixths displayed on your chart.

Thanks for posting this jozec. You dun good.

Post by **RisklessPips** » Sun May 22, 2016 8:11 am

SteveHopwood » Sat May 21, 2016 11:23 pm wrote: As I recall, this was a version of the indi posted by the genius squalou. This guy in unparalleled in indi coding. Thanks for posting it because I could not find it.

Instead of relying on the hilo of the current chart, sqalou's version bases the sixths on the previous BarCount bars - 120 by default. The chart zoom becomes irrelevant.

This always made more sense to me than just relying on the chart definition and I coded several EA's using it. They failed, but that is a different matter. I strongly suggest adopting sq's indi for determining the sixths displayed on your chart.

Thanks for posting this jozec. You dun good.

Lovin it - The yellow lines in this one sit nicely where the blue zone is in the sixths originally posted. The outer blue one seem a little further away from the price action but no matter.

One thing the other sixths indi had a comment showing distance between lines - does anyone care to amend this new indi so it shows in the comments how far apart in pips the lines are - this is useful if you want to use that distance as your trailing distance.

Post by **dydynamic** » Sun May 22, 2016 10:02 am

RisklessPips » Sun May 22, 2016 8:11 am wrote:
Lovin it - The yellow lines in this one sit nicely where the blue zone is in the sixths originally posted. The outer blue one seem a little further away from the price action but no matter.

One thing the other sixths indi had a comment showing distance between lines - does anyone care to amend this new indi so it shows in the comments how far apart in pips the lines are - this is useful if you want to use that distance as your trailing distance.

done...

Post by **RisklessPips** » Sun May 22, 2016 11:12 am

dydynamic » Sun May 22, 2016 12:02 pm wrote:
done...

Great stuff dydynamic - Thanks much appreciated.

Also I changed the default from 120 to 150 and that brought the lines on the SQ 6ths much closer to the original at the zoom settings previously used - Not vital just a FYI

hero447 · Post by **hero447** » Tue May 24, 2016 1:09 am

could you put some live examples ? thanks

Post by **RisklessPips** » Tue May 24, 2016 8:41 am

RisklessPips » Fri May 20, 2016 10:55 am wrote:
What do you guys think ?

In keeping with the spirit here of blunt honesty and not sugar coating this stuff I am posting a trade which I started on Friday 20th . I have NOT followed my own rules

and consequently instead of having a scratch I'm now into negative territory. Will the resistance bounce save me ? watch this space !

gbpchf2.jpg