CRB aliens! ! (CRB Alien!!) | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
…..First of all apologies for my English, sometimes it’s not that good…
Before I start, I want to clarify that although I implemented it based on my own needs this is not my strategy...those familiar with my work know that I like to use it and I've been playing with them for a few years now, so I have some experience!
All the stories about why I use it you can read here http://www.forexfactory.com/showthread.php?t=482737 Get to know me and my understanding of how I do it !
About this great strategy you can read on this post http://www.forexfactory.com/showthread.php?t=463573 .... It's not easy (it took me months to master all aspects), but it gets easier when you get the "aha" moment... I'm still learning every day, but improving myself every day... didn't want to hijack that beautiful thread, so I opened my own thread!
After a few months of setup, with different brick sizes, how many charts will there be? I've created really good products and wanted to share them here because I've learned so much in this community over the past 5 years that I wanted to support something, and I firmly believe that sharing is carrying!
1. Be kind to each other, we are all here for the same purpose, make and take money from banks (we all know how cutthroat this industry can be)
2. Respect each other because everyone here has a different story so without help and this great community we wouldn’t be here right now
3. I will be tough but fair (meaning I will ban anyone who tries to cause problems or provoke members)
4. Read the post and don’t ask questions that have already been answered!
5. You will only receive one warning, after which you will be quietly banned!
6. I firmly believe that there is no good or bad in Forex, just everyone’s opinion, so it’s really stupid to argue about things like money management, stop losses!
7. Respect the title of the post and only post about constant ranges...no bricks, no candles, nothing other than CRB!
So now I use 3 charts to make 1 pair (much better than 9 tf charts, no?)
The brick size gives me what currency pair is doing!
Understanding the longer and shorter brick sizes !
Brick size giving on the market!
So out of 9 charts for each currency pair I only narrowed down 3 so 45 is similar to daily moves, 20 is similar to 1 hour to 4 hour, 8 charts can be linked to 15 minute charts, so you see I love day trading!
1.CRB is much more sensitive than candles, so if you see a good opportunity, you have a greater chance of seizing it, but you need to be patient;
2. It’s easier and cleaner on our eyes than candles
1. You may miss the move because it is not based on any time frame, so you have no chance to enter again!
2. You need more screen time because you never know when movement is going to happen!
Okay, now that we have the diagram, it would be nice to introduce the MM and pairings I'm using!
1. EUR/USD EUR/AUD EUR/NZD EUR/JPY EUR/CAD-
2. GBP/USD GBP/AUD GBP/NZD GBP/JPY GBP/CAD GBP/CHF-
4. NZD/USDCAD/JPYNZD/JPYUSD/JPYUSD/CAD-
It is that I put them in sectors to make it easier to understand!
Those of you who use offline charts know that meta quotes are terrible for offline quotes, so of course we can't use many currency pairs because our charts will slow down and we can't go deep into the history, so I hope one day meta quotes will solve this problem, until now we have to trade with what we have!
So I analyzed 20 pairs and picked (I can follow these on two monitors without technical issues!)
It's up to you to find the best pair for each division that you will follow + 1 or 2 more because you don't want to get stuck with 2 similar pairs and lose twice!
Check all pairs every day after the trading day, maybe you want to change something during the week!
After preparing the currency pair and analyzing it on the 45 and 20 charts, you enter on the 8 chart
Stop loss is usually 20-30 pips depending on the currency pair, my plan is to risk 1% per trade to gain 2%
You don't have to take more risks because if you are right then the PA will move in your favor, if you don't 20-30 pips on the 8 chart will be enough and you will see that the whole time, 80% of the time it fluctuates at the lows or highs
This isn't set in stone as I'm still working in money management, but for now it's like this
Tp is twice the stop loss so but it's good to use so if your trade goes in your favor let's say 5 pips you move your stop loss to -15 so your losses are not as simple
Because we use momentum pa to move or not move, so until now I still think this MM is good.
You don't need to force anything, be patient and the % will come. Think of it this way, if you have 7 trades per week, that's 28 trades per month, so with only a 50% execution rate, you will earn 15% per month compounded over a few months, and you will be free!
I deliberately don't want to talk about more 50% every month because consistency is important if you want to be a good trader, not 50% 1 month and -20% the next!
If we use trailing, this number will be higher, so the odds are in your favor (and hopefully you will have over 50% hit rate, as this strategy will definitely provide)
If you are patient and disciplined enough and just wait for opportunity A, you only need 4 trades per week, 3 good trades, 1 bad trade, 20% per month!
Those who reach expert level will make more progress, but only one step at a time!
I trade from the open in Frankfurt to the close in London, sometimes it takes an extra hour or 2, but many times it takes less because the market moves faster during that period!
It's hard for me to explain all this in the first page, but those of you who have read Alien Strategy know the rules, for others I recommend you to read it too before coming to trade CRB
We have a better chance, but not that good a chance!
We will set it up over time because the market will repeat this over and over again, it's up to you when you learn it!
Before I start, I want to clarify that although I implemented it based on my own needs this is not my strategy...those familiar with my work know that I like to use it and I've been playing with them for a few years now, so I have some experience!
All the stories about why I use it you can read here http://www.forexfactory.com/showthread.php?t=482737 Get to know me and my understanding of how I do it !
About this great strategy you can read on this post http://www.forexfactory.com/showthread.php?t=463573 .... It's not easy (it took me months to master all aspects), but it gets easier when you get the "aha" moment... I'm still learning every day, but improving myself every day... didn't want to hijack that beautiful thread, so I opened my own thread!
After a few months of setup, with different brick sizes, how many charts will there be? I've created really good products and wanted to share them here because I've learned so much in this community over the past 5 years that I wanted to support something, and I firmly believe that sharing is carrying!
1. Be kind to each other, we are all here for the same purpose, make and take money from banks (we all know how cutthroat this industry can be)
2. Respect each other because everyone here has a different story so without help and this great community we wouldn’t be here right now
3. I will be tough but fair (meaning I will ban anyone who tries to cause problems or provoke members)
4. Read the post and don’t ask questions that have already been answered!
5. You will only receive one warning, after which you will be quietly banned!
6. I firmly believe that there is no good or bad in Forex, just everyone’s opinion, so it’s really stupid to argue about things like money management, stop losses!
7. Respect the title of the post and only post about constant ranges...no bricks, no candles, nothing other than CRB!
So now I use 3 charts to make 1 pair (much better than 9 tf charts, no?)
The brick size gives me what currency pair is doing!
Understanding the longer and shorter brick sizes !
Brick size giving on the market!
So out of 9 charts for each currency pair I only narrowed down 3 so 45 is similar to daily moves, 20 is similar to 1 hour to 4 hour, 8 charts can be linked to 15 minute charts, so you see I love day trading!
1.CRB is much more sensitive than candles, so if you see a good opportunity, you have a greater chance of seizing it, but you need to be patient;
2. It’s easier and cleaner on our eyes than candles
1. You may miss the move because it is not based on any time frame, so you have no chance to enter again!
2. You need more screen time because you never know when movement is going to happen!
Okay, now that we have the diagram, it would be nice to introduce the MM and pairings I'm using!
1. EUR/USD EUR/AUD EUR/NZD EUR/JPY EUR/CAD-
2. GBP/USD GBP/AUD GBP/NZD GBP/JPY GBP/CAD GBP/CHF-
4. NZD/USDCAD/JPYNZD/JPYUSD/JPYUSD/CAD-
It is that I put them in sectors to make it easier to understand!
Those of you who use offline charts know that meta quotes are terrible for offline quotes, so of course we can't use many currency pairs because our charts will slow down and we can't go deep into the history, so I hope one day meta quotes will solve this problem, until now we have to trade with what we have!
So I analyzed 20 pairs and picked (I can follow these on two monitors without technical issues!)
It's up to you to find the best pair for each division that you will follow + 1 or 2 more because you don't want to get stuck with 2 similar pairs and lose twice!
Check all pairs every day after the trading day, maybe you want to change something during the week!
After preparing the currency pair and analyzing it on the 45 and 20 charts, you enter on the 8 chart
Stop loss is usually 20-30 pips depending on the currency pair, my plan is to risk 1% per trade to gain 2%
You don't have to take more risks because if you are right then the PA will move in your favor, if you don't 20-30 pips on the 8 chart will be enough and you will see that the whole time, 80% of the time it fluctuates at the lows or highs
This isn't set in stone as I'm still working in money management, but for now it's like this
Tp is twice the stop loss so but it's good to use so if your trade goes in your favor let's say 5 pips you move your stop loss to -15 so your losses are not as simple
Because we use momentum pa to move or not move, so until now I still think this MM is good.
You don't need to force anything, be patient and the % will come. Think of it this way, if you have 7 trades per week, that's 28 trades per month, so with only a 50% execution rate, you will earn 15% per month compounded over a few months, and you will be free!
I deliberately don't want to talk about more 50% every month because consistency is important if you want to be a good trader, not 50% 1 month and -20% the next!
If we use trailing, this number will be higher, so the odds are in your favor (and hopefully you will have over 50% hit rate, as this strategy will definitely provide)
If you are patient and disciplined enough and just wait for opportunity A, you only need 4 trades per week, 3 good trades, 1 bad trade, 20% per month!
Those who reach expert level will make more progress, but only one step at a time!
I trade from the open in Frankfurt to the close in London, sometimes it takes an extra hour or 2, but many times it takes less because the market moves faster during that period!
It's hard for me to explain all this in the first page, but those of you who have read Alien Strategy know the rules, for others I recommend you to read it too before coming to trade CRB
We have a better chance, but not that good a chance!
We will set it up over time because the market will repeat this over and over again, it's up to you when you learn it!
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