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@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol
@  traderpusa : (09 September 2019 - 10:46 AM) https://gyazo.com/58...16d785753060ff0
@  manfloy : (09 September 2019 - 10:44 AM) I am very concerned about GBP, I have decided to leave until the government is making some definite deals on the Brexit. I'm not a supporter of uncertainty.
@  manfloy : (09 September 2019 - 10:42 AM) US It is expected to rebound until new years, because the season is coming and everyone is ready for new year revenues.
@  manfloy : (09 September 2019 - 10:41 AM) China is underwater now, and I can't even define how starving they are for dollars. Their imports fell significantly last quarter. They're trying to stimulate again, but I don't think it should work out, more than: we're back to the 2014/2015 situation. The issue with the Chinese central bank cutting off the supply of cash, the issue that they are not diversified around the world.
@  manfloy : (09 September 2019 - 10:41 AM) https://gyazo.com/25...967a0945fa48037
@  traderpusa : (09 September 2019 - 01:49 AM) Trump should wake up and tweet something lol

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HGI Indicator for Forex and Binary Options

Arrow Forex Binary Options Accurate

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34 replies to this topic

#1 Trade_King

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Posted 01 June 2017 - 10:30 AM

Hey guys, 

 

I wanted to share a trading strategy/indicator with you. I have found it to be very accurate, easily in access of 75% ITM if you follow the rules. First, I am NOT the creator of this strategy/ indicator. This is a creation of Steve Hopwood and forum member that goes by the name nanningbob over at the SteveHopwood forum. Second, I know some of you are going to see the name of the indicator and freak out. I will leave this quote directly from the creator. "HGI stands for Holy Grail Indicator. Now that does not mean it it 100% accurate but that it finally attains my goals I set out to do years ago with my 10.xxx series." With that out of the way, lets move on to the actual indicator. 

I have attached screen shots of what the indicator looks like on your charts on two different time frames, the 5M and the 4H. I have also attached the PDF file that describes the indicator in detail, how it was created, why it is the way it is and EXACTLY how to use it. It is 37 pages long so clearly not something that was half ass created. 

**Important Note**  I have found this through my own personal trading experience using this system. When the Big Green/Red trend arrows appear, WAIT until the candle closes, change to another time frame and back again real quick and make sure the arrow stays where it is. If it does, take the trade, if not don't. 

 

The Yellow wave lines mean the end of a trend and you should exit your position. The Blue wave lines mean the start of a new trend is imminent. 

 

ZCCAYNl.png

 

elhLLLu.png

Attached Files


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#2 merka

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Posted 01 June 2017 - 10:33 AM

I remember sawn a similar thread here in this forum as well.

Thanks



#3 Trade_King

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Posted 01 June 2017 - 10:34 AM

I remember sawn a similar thread here in this forum as well.

Thanks

Sure thing. 



#4 siimduud

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Posted 01 June 2017 - 10:37 AM

Yeah, there's another thread here if you're interested : http://www.binaryopt...te-bo-strategy/



#5 Trade_King

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Posted 01 June 2017 - 10:41 AM

My fault then, did not see that post. If anything, maybe this post can help add to the other one and let any new people on this forum know it exists. 


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#6 merka

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Posted 01 June 2017 - 11:00 AM

Does this indicator have any expiry date built in?

Thanks



#7 Trade_King

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Posted 01 June 2017 - 11:11 AM

Does this indicator have any expiry date built in?

Thanks

Yes it does, I think its like every 8 months or something like that, maybe longer. Never really timed it.  All you have to do is go to the forum and download it again. It's easy


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#8 Sanz50

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Posted 01 June 2017 - 02:01 PM

the arrows repaint if you change time frame.



#9 Ewa

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Posted 01 June 2017 - 03:10 PM

What rules are you using for BO?

#10 mose

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Posted 01 June 2017 - 08:09 PM

if i could make those arrows non repainting it could be very helpful to me



#11 Trade_King

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Posted 02 June 2017 - 07:05 AM

the arrows repaint if you change time frame.

Which is why I said **Important Note**  I have found this through my own personal trading experience using this system. When the Big Green/Red trend arrows appear, WAIT until the candle closes, change to another time frame and back again real quick and make sure the arrow stays where it is. If it does, take the trade, if not don't. 



#12 Trade_King

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Posted 02 June 2017 - 07:08 AM

What rules are you using for BO?

They entry rules are the same as they would be if you were trading Forex. The expiry time for 5M charts should be 10 minutes minimum, but I personally would go with 15 min+

Make sure you read the PDF that I attached to the first post. It will tell you all you need to know about this system.  



#13 Trade_King

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Posted 02 June 2017 - 07:12 AM

For those of you asking about repainting. Part of this indicator is based off of a Slope, with means it uses trend to find reversals. It is also the reason I said this in the first post **Important Note**  I have found this through my own personal trading experience using this system. When the Big Green/Red trend arrows appear, WAIT until the candle closes, change to another time frame and back again real quick and make sure the arrow stays where it is. If it does, take the trade, if not don't.  

 

Once arrow stays where it is, they ITM results are very high. 


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#14 Pabs

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Posted 02 June 2017 - 07:09 PM

by the time that you do that the price will escape and it will be to late to take the trade or will be not?



#15 Trade_King

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Posted 03 June 2017 - 10:56 AM

by the time that you do that the price will escape and it will be to late to take the trade or will be not?

No Pabs, it wont be to late. It takes less than 2 seconds at the start of the next candle. As long as you are not trying this during a high impact news event the price change will be next to nothing. 



#16 Pabs

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Posted 03 June 2017 - 04:00 PM

ok thanks for the response I shall try this on monday and see what the results are thanks!



#17 Trade_King

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Posted 03 June 2017 - 05:50 PM

ok thanks for the response I shall try this on monday and see what the results are thanks!

Sure thing Pabs. Happy Trading.



#18 weddings

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Posted 03 June 2017 - 06:35 PM

whats with the blue and gold wavy lines? in the pdf there is only gold.



#19 weddings

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Posted 03 June 2017 - 07:15 PM

Opps my bad i reread the post and got it.

 

"The Yellow wave lines mean the end of a trend and you should exit your position. The Blue wave lines mean the start of a new trend is imminent."


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#20 Thomas

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Posted 10 June 2017 - 10:09 AM

Yes it does, I think its like every 8 months or something like that, maybe longer. Never really timed it. All you have to do is go to the forum and download it again. It's easy







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