Best Entry Point, Only Human Can Do It

This is my best entry point for today. SELL at the highest point of the price as well as counted trend entry, in order to get some pips as the price is going to test the previous SnR. This could not be done by machine(EA). Only human can do it.

p/s Sorry for breaking your rule sifu mfazy121. You've told me to keep low profile. It's only for this time. I'm so excited...

Indicator : Update FullHouse

Download Link :
FullHouseEx

Another update. This could make you understand what's going on on the market


Download Link :
FullHouseEx2

Indicators

Indicator 1 :

It may useful for your manual trading.

The signal :
'.' - No signal
up - Indicate up
Buy - Trigger to enter BUY
dn - Indicate down
Sell - Trigger to enter SELL

You can download here :
FullHouse Indicator

/*******************************************************/
// How to use :
// In order to get the valid signal, for the first run of this indicator,
// please update UJ, EJ, GJ, EU, GU and EG from m5 to mn1.
/*******************************************************/

/*******************************************************
Copyright by BlueDreamFx © 2009
Decompiling and redistributing or modifying the code is considered illegal.
Thank you for your co-operation.
*******************************************************/

Indicator 2 :

Entry and Exit signal for single pair


Download Link :
MarketSentiment Indicator


Indicator 3 (+template) :

Have you ever seen such us template like this. Indicator on top and chart on bottom.


Download Link :
Indicator
Template

--------------------------------------------------------------------------------
Some Correction :
For those who have already download the Indicator 3 + template, please set the indicator's property win=0 to make the indicator stay at top. I've just noticed that thing.
Sorry for your inconvenience.

Thank You
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
I want to take some rest while thinking new idea. If someone need to talk to me... just leave your messages on CBox. Thank you.....
--------------------------------------------------------------------------------

Base USD and JPY

9:52 GMT+8

The current signal became like the above picture.
The JPY extremely weak while the USD became extrmely strong. Both USD and JPY dominte the market movement.
Base JPY pairs became strong BULLISH while base USD pairs became strong BEARISH. However, it wasn't a big deal because we already able to understand what was going on.

The only thing that I'm not satisfy about this EA is the EA wasn't able to identify "spike" on the market. So my hypothesis on filtering the market movement using multi-pairs considered inefficient . That's why it make mistake on the last 2 trades, EJ and GJ. Already cut loss. This is the price for this knowledge.

So I will hold this project for a little while and I will try to find the best solution on how to handle spike. Whether to handle it or to find any method which is not influenced by spike

p/s : straight - from M5 to D1. It may also a signal but it's happen very seldom. It will need much time to find out... because the EA cannot be backtested by strategy tester.

Wolfe Wave???

Is this what you call Wolfe Wave??
I don't have any idea


p/s from previous post by EA. I have removed TP and SL manually to see what will happen

Update :

Already touch the target line as well as fibo 61.8. So I just close it manually 93 pips. While GJ and EJ is still floating -ve.

Hypothesis

Hypothesis come first before theory. Theory will remain as theory and cannot became fact unless it proven by examination. The sciences fact will be applied as technology to human live. This is the methodology of science in order to understand the nature and to get better living.

There is no different to the system i've tried to develop... i mean this EA. It base on the hypothesis that is simply known as 'correlation between pairs' and 'price action'. Maybe the hypothesis I've suggested is wrong or maybe something wrong to the formula supplied on coding.

So I will let the EA run as is and no modification on coding for further. At certain point... we have to see... is it pass the the test or not.

Trades

3 trades opened by EA.
Let see what will happen...

Do I have a chance to win the trade?

Currently the series of candles on M5 to H4 indicate BEARISH while the BUY position opened by EA is floating -50 pips.
However, if I refer to Daily and Weekly timeframe... my opinion base on price action, the price still can go up for further.

p/s : EA use TF Daily signal but the entry is not sharp. It still need some modification.

Update :


There are 3 types of risk management on this EA.
(1) Lock profit
(2) Trailing stop loss
(3) Exit like manual

The risk managements above activated whenever the pips already green and the early sign of reversal(or correction) detected to protect the profit. On this case the EA use the option (3) and simply close the trade. Profit +9 pips only. As long as not loss