Pivots forex

Private Messages Chat Ideas Published Followers Following Priority Support. Pivots Indicator - I Made A Living Trading This System For 2 Yrs.

Custom Pivots Indicator - Plots Yearly, Quarterly, Monthly, Weekly, and Daily Levels. For 2 years I traded this system Exclusively and made a forex living. The reason I created this indicator Vs. See First Post For Details…. ChrisMoody PRO about CL1! Custom Pivots Indicator you see on Charts. And Custom Heikin-Ashi Paint Bars Link To Chart With Code For Indicator Below Main System: I used Intra-Day Chart with Daily, Weekly, and Monthly Pivots.

You can see in the chart above that the Monthly Pivot levels work by themselves, the Weekly Pivot levels work by themselves, and the Daily Pivot levels work by themselves….

This creates a Low Risk High Reward Scenario. Depending on Instrument you trade I would use a 5 minute bar on Stocks, and a 30 Minute or Hourly bar on Forex or any 24 hour market.

Finding a area where the two pivot levels of pivots Weekly and Monthly are together and entering the trade. I would use an Hourly Chart on Stocks, and 4 Hour Chart on Forex. This can give a Great Entry lasting Weeks to Months. Which Pivot Levels To Use??? This would create a lot of writing. If there is a lot of interest I would be happy to produce a few videos or host a webinar to show real live examples.

Where to Take profits: Same answer as above. And If Market is Moving Down we want to Sell at Laminated Resistance Levels. Buy Default R2 is Dark Red, R1 is Red, Pivot is Fuchsia, S1 is Bright Green, S2 is Dark Green.

This allows you to visually know exactly what pivot levels your looking at…Instantly without thinking. This indicator allows you to Choose any clor you want for any Pivot Level, and Choose The Plot Type. ChrisMoodyI like the using support and resistance levels but it would great to have a indicator with multiple Pivots on one chart.

I made a slight mistake If you want code I'd forex to see videos on you using this in action to make sure I am interpreting it correctly I think this would be invaluable to this newbie.

Also let me know what instruments or markets you trade and on what timeframes Thanks Chris; I am available anytime after 6: People in different time zones are interested, so having a pivots recording up on any source would be a better idea. Actually, you can post YouTube videos and specify only the usernames that are allowed to view it.

I have several video hosting sights I pay for that I can password protect I'll see what I can do I'm available after forex New York time. Would attend a screen share or would watch a recording. Whichever medium you choose just let us know the time and date. Looking forward to it. Do evenings work for you Chris, Any chance I can hop in to your next screencast? This session will be a good one for you PM me your email address and I'll send you a link.

I PMed you my email. Looking forward to it! Chris Love to check out your screencast. Please let me know how I can join on Sunday Thanks J. Nice work on this indicator. I appreciate the ability to put multiple time frame support and resistance all on one chart. I too made a living trading support and resistance for a number of years only with a derivative of Drummond Geometry rather than the traditional pivot levels. The pivot levels have retained quite a following over the years because they work.

Hopefully you will decide to do a webinar and teach a bit about the approach you used. I will certainly attend. I trade Futures and Forex so I don't look at individual stocks If I were trading Stocks this is what I would do Wait to the major indexes are at support or resistance It's one of those things you have to see I'd be happy to show you on the small webinar I'm going to do Nothing will be marketed Hello, I would like to attend the presentation.

I'm flexible with the time. What time zone are you in? I can basically be around up to pm US time actually or anytime before that. Question from 2use "While you are here, i assume that it was extensively backtracked as well? This was during the fun times where I would print out hundreds of charts and go through them day by day.

However, I'm in the process of providing backtested results to the people that are are attending our Weekly "MasterMind" webinar series. And yes per the Chart Description I made a living trading this system I would like to know more pivots, just post the on screen time, and I will attend, anything after 5PM works for me.

Hey guys let's just setup the ScreenShare. I'll list 3 times. After I get the responses I'll send you email confirmation with the Date and Time. Depending on the responses there will only be one or two of the options below that I set up. Thursday June 26 at 8: Or New York time. PM me your email and ALL of the sessions you would be able to attend and I'll pick one or two of them.

Just say Thursday, Friday, forex Sunday We Are Not having a Webinar on Thursday I'll decide tonight regarding Friday and will send everyone an email. I want to be clear that I am in no way trying to collect email addresses for any type of "Business" purpose. The software we're using is GoToMeeting and I have no way of getting you a login without your email address.

I'll provide to everyone. I Can definitely have completed by Sunday. If I end up doing a webinar on Friday and don't have it completed you'll get a copy emailed to you on Sunday. Chris, does the system use Elliott Wave EW or DeMark TD? A daily TD Sell Countdown perfected a sell signal yesterday July 2 at or near a critical cyclical EW projection zone next nearby at s to s.

I've taken the most extensive "Masters Level" course Elliott Wave offers. Studied it extensively for years. This is my personal feelings on Elliott Wave. I do believe in the General Theory The problem is using the system alone is too Esoteric From detailed Journals going back over 10 years I can state with certainty two things: Especially when you get in to the longer term Super Cycles etc.

I've documented many times that the top "People" who provide analysis in the official paid Elliott Wave Newsletter If someone pays for and starts reading their newsletter today everything sounds amazing However, pay for there newsletter for 5 years and you will see what I mean.

With that being said I've never met one who uses Elliot Wave as their primary system. And out of all the years I studied Elliot Forex and forex for their services I know DanV teaches Elliot Wave. I have a lot of respect for DanV. I'm simply stating the facts I've come across.

DanV is a great trader Therefore a great trader can use Elliot wave and make money. Don't let me influence you I just have to be honest Chris, thanks VERY MUCH for the detailed, thoughtful reply. A longtime friend and former colleague computer scientist and architect, programmer, etc. However, since the widespread pivots of known TA methods by high-frequency trading HFT sinceincluding the integration of EW and TD methodologies into HFT, pivots TD at the daily scale no longer meets the requirement of pivots, even though it is still to early to make the same claim at the weekly and monthly scales.

The daily TD sell signal for the SPX was a hit. Today, Aug 7, will forex with a daily Pivots buy signal with a close below SPX However, a true low close below SPX before a bullish price flip will imply a TD Buy Countdown will be required hereafter before a buy signal occurrs.

The big caveat here is that the SPX exhibited a rare blow-off last fall and the appearance of a Coppock Curve "Killer Wave" in Feb-Maran ominously bearish cyclical combination that preceded the bear markets that commenced in, pivots,, andwhich were 6 of the 9 largest bear markets in US history the other being, and With the alleged ending of QE by the Forex, in any case pivots now in Oct.

I never saw your comment above I'm not folowing what you mean by TD We'll have to talk sometime Since you have over 2 years experience with this indicator, can you share what are your favorite most profitable instruments and time frames. This info would also help in evaluating your new bands version, but just curious what would be best instruments and time frames based on this breadth of experience? Thanks Chris for all you are doing and sharing with us.

That 2 years was a long time ago I was saying that for 2 years Forex only used this system to trade full time. I'll be happy to make a video Looking forward to seeing a vid of your pivots applied to the bands I think i asked this as well under several charts. So there is definitely more than one person willing to see that video.

PS - i subscribed to you after seeing this chart, and since then you got me hooked on your coded indicators. Nice point made by Alphaoptions Writing about the process just gives us the general information but not practical knowledge Happy to see forex video of Laminated pivots in the forex New pivot band indicator is just awesome Indicator Keep it Up good work chris Video will be coming Can't wait to see what you do and hear the history if part of the video!

I have referred a few friends outside of the community. Major New Release for Pivots Indicator. Appreciate the dedication and great insights. IvanLabrie I'll plus one that. Are you still using the system and finding it profitable?

Could you share the code and the videos. Hi Chris, I know it might pivots too late to ask you for this. Hi can anyone tell me how to use the pivot indicator Thanks. Pivots House Rules Moderators People Chat Chat History Press Referral Program Advertise.

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