The "XO"-Method......... - page 101

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new settings

I was mistakenly think that the new settings are about EA, but it's all about V2, my apology

 
tredd:
Hi ValeoFX,

Thanks for your continued support of the XO trading method. This new addition looks pretty good. It really shows up retracements within the current trend. I've attached a chart with a few of them highlighted. When the RSI moves away from the Williams to the other side of the 50 line, it seems to be a retracement within the trend and usually comes back to meet the Williams. Is this how you read it also?

Can you clarify the proper use of the RSI/Williams in the entry. In the picture(at the red arrow), the RSI/williams in trending up and not above 85 so this would be a good entry 1 bar earlier than before. Is that what you mean, or what values, etc are you looking for?

How do you use those values for exiting or do you still use the above/below ema25?

Thanks

Tim

Hi Tim, yes you are absolutely correct in what you are saying and that is why I personally believe that it can be traded without much demo trades.

The retracements you have pointed out are excellent for re-entries should one want to add to your position in a good run, although scarce, they are there.

I still use the 25-EMA as exiting, but what you should do now is to keep an eye on the RSI >>>>>>> when it is aboslutely maxed-out and everything else shows that the run is at an end, that is another clue to get out and you will find that the 25-ema gives the same resuklts but only much, much later of course.

So to everyone out there, start looking at the RSI for clues of a turn in direction. Having said that, bets is to look at the complete picture, but with the RSI in mind. Work back from December 1st, to see what I mena but make sure you take the CCI into consideration (the 4TF_XO may have moved, so pay attention to the CCI and RSI combination)

Good trading and best wishes to all.

 

Hi Valeo FX

Could you please attach example chart according for new entry rule base on RSI and William, i just confused about that.

Thanks before

 

Thanks very very much Valeo

Gonna give it a try

Tredd,

Can you post this indicator which is in your chart : "lsma in colors separate"

Please

 
Big Joe:
Thanks very very much Valeo

Gonna give it a try

Tredd,

Can you post this indicator which is in your chart : "lsma in colors separate"

Please

My pleasure, Joe.

 
hadi82:
Hi Valeo FX

Could you please attach example chart according for new entry rule base on RSI and William, i just confused about that.

Thanks before

Please read Post #1003 above and look at the screen-print in Post #1002 if you are still not satisfied.

I am not sure what your confusion is about, so after you have studued these and you still have a problem, let me know and I will see if I can improve on post #1003.

Best wishes.

 
akil:
I was mistakenly think that the new settings are about EA, but it's all about V2, my apology

Akil, I still do not believe that we can make this into an EA, but maybe the specialists want to try it. My thinking is NOT.

Sorry to have disappointed you.

 
Pip Trip:
Valeo,

YOU THE MAN!

Will look this over later this week and respond.

PT

Good to hear from you, my friend. Looking forward to hearing from you later this week.

Best wishes.

 

Thanks a lot Valeo

 

If anybody have MTF_RSI.mq4 indicator, could you please direct me to it or attach it to a private mail.

euro

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