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@  kalc : (16 July 2020 - 05:29 AM) @roopem afraid not mate
@  roopem : (16 July 2020 - 03:08 AM) Anyone got all images that MTH2014 uploaded to photobucket? Because they are unavailable
@  bugmenot01 : (11 July 2020 - 01:30 AM) thanks traderpusa...its working :)
@  traderpusa : (10 July 2020 - 04:01 AM) solution is to delete the s of https, so use only http://
@  roopem : (09 July 2020 - 08:49 PM) Does anyone have a working version of the renko builder from MTH2014?
@  bugmenot01 : (09 July 2020 - 05:09 AM) site running unauthorized scripts causes refresh
@  roopem : (09 July 2020 - 12:11 AM) Also this site is refreshing automatically every second, someone needs to fix it
@  roopem : (08 July 2020 - 11:15 PM) The renko builder of MTH2014 does nothing no renko drawn, I have allowed dlls
@  traderpusa : (08 July 2020 - 04:04 PM) Most if not all of uncle sw had a time limit.
@  kalc : (08 July 2020 - 05:23 AM) @roopem didnt use renko much so not sure mate, whats the error?
@  roopem : (08 July 2020 - 02:16 AM) Does anyone know why the renko builder from MTH2014 doesn't work?
@  kalc : (02 July 2020 - 09:04 AM) trading has made me fat anyway TP ha ha
@  traderpusa : (02 July 2020 - 06:52 AM) @kalc, getting more fat every day under quarantine lol
@  kalc : (02 July 2020 - 04:01 AM) and by the way if that guy trys to sell you stuff dont buy it, he's just ripped off some indi's over at forex-station lol its all freely available
@  kalc : (02 July 2020 - 04:00 AM) lol hey TP hows it going young man
@  traderpusa : (01 July 2020 - 01:53 PM) So is the market lol
@  David : (30 June 2020 - 08:00 AM) yall are savage :D
@  David : (30 June 2020 - 08:00 AM) haha
@  Sambo : (29 June 2020 - 05:04 PM) If there's one thing i've learned, it's that the most profitable traders are the least boastful.
@  happyjas : (27 June 2020 - 09:50 PM) We understand what took place, you won a lot of money and bought a new "BMW M4 cake", you got down on your knees, put your little hands together and sounded like this: "My name is my name, if you ask me again I'll tell you the same, I won a lot of money, and already shove it on my candy back-end, but there's one problem, everyone knows already that I ABSOLUTELY SUCK."

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The Frankfurt Strategy


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33 replies to this topic

#1 thefistofkhan

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Posted 24 July 2016 - 03:38 PM

We've been working through Shiva Krishnan's Frankfurt Strategy on TradingView today. Very simple.

 

EU Tues-Fri (not Mondays), trading before and after Frankfurt opening = 5.30am - 6.45am GMT or UTC + 1.

 

Possibility of Calls from 5.30am up to the hour - 1 x 30m at 5.30am and 1 x 15m at 5.45am. Then at roughly 6.10am you can take a 30-40m Put.

 

Use RSI 7 for best entry point (around/above 70 or around/below 30).

 

Backtested 12/12 this last week.

 

Friday 22nd July 2016 example -

 

https://new.tradingv...com/x/0aqFApSN/

 

Shiva's original video -

 

https://www.youtube....h?v=0KzhqoxdLaI


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#2 easy123

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Posted 24 July 2016 - 08:30 PM

It looks simple and yet so effective with the backrest. Will see about it this new week. Thanks

#3 Mowgli

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Posted 25 July 2016 - 12:10 AM

Looks like an easy strategy. More back test results will be helpful

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#4 Corney

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Posted 25 July 2016 - 03:13 AM

I know,it is risky to take this setup on a Monday,but when i spot the price 21 min in the new hour at a strong resistance area,I took a putt  trade till 45 min pass the hour and won it

 

https://www.mql5.com...0-hf-markets-sv

 

 

Well done !!!  

thefistofkhan
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#5 thefistofkhan

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Posted 25 July 2016 - 06:55 AM

 

I know,it is risky to take this setup on a Monday,but when i spot the price 21 min in the new hour at a strong resistance area,I took a putt  trade till 45 min pass the hour and won it

 

https://www.mql5.com...0-hf-markets-sv

 

 

Well done !!!  

thefistofkhan

 

Yep - it was little later today. I almost took it but will play safe until tomorrow morning, Very glad it worked for you. Peace.



#6 Hodiak

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Posted 25 July 2016 - 07:02 AM

I traded it a while ago and sometimes it worked other it didn't so be carefull with this one guys



#7 Corney

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Posted 26 July 2016 - 01:04 AM

The 30 min bar,one hour before Frankfurt open just drop as it open and about 21  min pass the hour it retrace to the opening price  and on that level I took a putt till 45 min pass the hour. I was in the money till 37 min pass the hour and it just go up till 45 min pass the hour.I loss this trade

 

https://www.mql5.com...0-hf-markets-sv

https://www.mql5.com...1-hf-markets-sv



#8 veejay

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Posted 26 July 2016 - 01:17 AM

mt.jpg



#9 Mowgli

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Posted 26 July 2016 - 01:36 AM

Hi are you sure about the trade cycle, I saw the video . As per my understanding it is 6 to 6:10 or 6:15 call, then 6:15 to 6:45 put, then 6:45 to 7:00 call and in case if there is not any big news and bear trend starts to show up 7:00 to 7:15 put.

Please correct me if I am wrong.


 

We've been working through Shiva Krishnan's Frankfurt Strategy on TradingView today. Very simple.
 
EU Tues-Fri (not Mondays), trading before and after Frankfurt opening = 5.30am - 6.45am GMT or UTC + 1.
 
Possibility of Calls from 5.30am up to the hour - 1 x 30m at 5.30am and 1 x 15m at 5.45am. Then at roughly 6.10am you can take a 30-40m Put.
 
Use RSI 7 for best entry point (around/above 70 or around/below 30).
 
Backtested 12/12 this last week.
 
Friday 22nd July 2016 example -
 
https://new.tradingv...com/x/0aqFApSN/
 
Shiva's original video -
 

 

----------------------------------------

 

 


#10 veejay

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Posted 26 July 2016 - 01:39 AM

AU.jpg

 

 

EUNtIh.jpg

 

UCmwFJ4.jpg

 

GuVvrf.jpg

 

 

The above correct entry or not.



#11 Mowgli

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Posted 26 July 2016 - 01:58 AM

I think this strategy is only applicable for eu as per the video..

I took this trade now. Itm. Expiry 6:45.

http://imgur.com/Jtj5TV3
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----------------------------------------

 

 


#12 veejay

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Posted 26 July 2016 - 02:18 AM

@thefistofkhan,  

 

Trading Time :  5.30 AM to 6.45 AM GMT

 

Pair Only : EU  

 

Chart : M1

 

Call :  5.30 AM at 30 min expiry (6 AM)

 

Put:    6.15 AM at 30 mins expiry.(6.45 AM)

 

RSI (7) must OS for call OB for put

Otherwise don't trade 

 

Is it correct ?


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#13 thefistofkhan

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Posted 26 July 2016 - 03:12 PM

@thefistofkhan,  

 

Trading Time :  5.30 AM to 6.45 AM GMT

 

Pair Only : EU  

 

Chart : M1

 

Call :  5.30 AM at 30 min expiry (6 AM)

 

Put:    6.15 AM at 30 mins expiry.(6.45 AM)

 

RSI (7) must OS for call OB for put

Otherwise don't trade 

 

Is it correct ?

Pretty much - my backtesting made me more cautious though (didn't want to go to 45 min past the hour): this morning I went long from 5.30 approx to 6 and then went short x 2 (1 x 30 min approx, 1 x 10 min approx)... went with RSI as much as I could...

 

https://new.tradingv...chart/dibzG7Fk/



#14 thefistofkhan

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Posted 26 July 2016 - 03:14 PM

Pretty much - my backtesting made me more cautious though (didn't want to go to 45 min past the hour): this morning I went long from 5.30 approx to 6 and then went short x 2 (1 x 30 min approx, 1 x 10 min approx)... went with RSI as much as I could...

 

https://new.tradingv...chart/dibzG7Fk/

Hold on, the chart's in the wrong place...

 

Here you go - https://new.tradingv...com/x/ubhEppK5/



#15 thefistofkhan

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Posted 26 July 2016 - 03:29 PM

AU.jpg

 

 

EUNtIh.jpg

 

UCmwFJ4.jpg

 

GuVvrf.jpg

 

 

The above correct entry or not.

It is just for EU though there's natural correlation with ---USD pairs so they often behave in roughly the same way - especially GU (up to 95%) and there's opposite correlation usually with USDCHF and USDCAD -

 

http://www.investope...x/05/051905.asp

 

It might be that there's similarity or opposition around Frankfurt with other pairs - check them and see what happens...



#16 thefistofkhan

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Posted 26 July 2016 - 03:37 PM

Here's GU from today though I haven't backtested -

 

https://new.tradingv...com/x/dxjyqowB/



#17 reteid

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Posted 26 July 2016 - 04:46 PM

Someone on FFF has posted a similar nice strat: Sell at the high of the day and buy at the low of the day....also a nice one.... :D


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codingwizzard.png


#18 veejay

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Posted 26 July 2016 - 09:57 PM

Pretty much - my backtesting made me more cautious though (didn't want to go to 45 min past the hour): this morning I went long from 5.30 approx to 6 and then went short x 2 (1 x 30 min approx, 1 x 10 min approx)... went with RSI as much as I could...

 

https://new.tradingv...chart/dibzG7Fk/

good



#19 veejay

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Posted 27 July 2016 - 02:03 AM

Today's trade:

 

EU

 

EUj2rBG.jpg

 

 

GU

 

GUigWpY.jpg


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#20 Corney

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Posted 27 July 2016 - 02:34 AM

Do i understand the strategy right ?

 

Take a 60 min call 2 hours before Frankfort open

 

Take a 60 min putt 30 min before Frankfort open

 

https://www.mql5.com...0-hf-markets-sv

 

Thank you






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