The Fruit - A Powerful Trading Strategy [Archived]

[immy]

NZD/CAD P&D = after a long wait it finally breaking and SL is at FT Level

[francisrama]

Hi Immy,

another great strategy, thanks so much!!!

I have one question please =
- Whent FRUIT "depicts" a trend continuation, fair enough...
- When FRUIT "depicts" a possible trend reversal, what would be the specific entry and SL (I suspect SL would be say few pips below FRUIT BAR -if BUY-? I'm lost for ENTRY PRICE)

Thank you in advance/Kindest Regards
Fran
Give and you'll be given

[immy]

Hi Immy,

another great strategy, thanks so much!!!

I have one question please =
- Whent FRUIT "depicts" a trend continuation, fair enough...
- When FRUIT "depicts" a possible trend reversal, what would be the specific entry and SL (I suspect SL would be say few pips below FRUIT BAR -if BUY-? I'm lost for ENTRY PRICE)

Thank you in advance/Kindest Regards
Fran
Give and you'll be given

Thanks for your kind words!

The answers to your question is in the first post of this thread. thats where its all explained instead of a downloadable pdf. (don't ask me why I don't have pdf for it please)

"Buy Trade Entry Criteria:
Preferably Take Longs on Red Bars
Put PO 1 Pip + Spread above the High of the Bullish Fruit.

Buy Trade Stop Loss:
Put Stop Loss 1 pip below the low of the Bullish Fruit.

Sell Trade Entry:
> Preferably Take Longs on Green Bars
Put Po 1 pip below Bearish Fruit.

Sell Trade Stop Loss:
Put SL 1 pip + spread above the High of Bearish Fruit"

[francisrama]

Hi Immy,

thanks very much for your clear reply...and please apologies for not having seen the already posted details...

Kindest Regards

[immy]

Great News

AIMS The Fruit Indicator V2.0 is now available for download. Click here http://www.itradeaims.net/forum/viewtop ... 399#p12399" onclick="window.open(this.href);return false;

Cheers

[immy]

Thanks Immy. The Fruit v2.0 is really awesome. Email and pop up Alert options are really handy. Is that possible to have email and pop up alert for The Seeds indicator. I know you are busy man but whenever you get chance. No rush.

Once again thanks.
Sam

Sam!

Already worked on it! Courtesy of The G'old Friend Snorm! Will update later...

Thanks Steve! (*) ^:)^

[snorm]

Thanks Immy. The Fruit v2.0 is really awesome. Email and pop up Alert options are really handy. Is that possible to have email and pop up alert for The Seeds indicator. I know you are busy man but whenever you get chance. No rush.

Once again thanks.
Sam

Sam!

Already worked on it! Courtesy of The G'old Friend Snorm! Will update later...

Thanks Steve! (*) ^:)^

Always a pleasure
:-B

[francisrama]

Immy,

I know you are on vacation, sorry for asking...please one question on FRUIT...and no urgency...

Looking backward I realize that FRUIT candles "use to be" pretty big (25/30+ pips...)
- Should we take them (when appropriate) and adjust lot size to comply with money management
- Or should we stick to "small" FRUIT (20= pips...)
- Or what could I have missed

Thanks very much/KR

[immy]

Immy,

I know you are on vacation, sorry for asking...please one question on FRUIT...and no urgency...

Looking backward I realize that FRUIT candles "use to be" pretty big (25/30+ pips...)
- Should we take them (when appropriate) and adjust lot size to comply with money management
- Or should we stick to "small" FRUIT (20= pips...)
- Or what could I have missed

Thanks very much/KR

Hi

Thanks for the question. My vacations are always relaxing ones otherwise there is no use. and I do check the forum at least once a day as long as I'm not too far up the Himalayas or upper tatras.

Good questions, very important questions...
The bigger the fruit candle the small would be the lot size but if e.g. on H1 EU Fruit candle is 100pips... then its not a good trade. so the small the fruit/see candle the higher would be the multiple of reward. One can perhaps create a rigid rule and strictly follow it but markets do not remain the same even one second so we have to adapt day to day hr to hr according to the market situation and act accordingly.

Just like I won't take an aims box more than 15 pips on m1, we can also establish certain rules for the size of seed/fruit/aims box for The seed, the fruit or the s1 setup strategy.

Regards

Immy

[francisrama]

Hi Immy,

thx very much for your clear reply, much appreciated. So makes life even easier, there is one set of rules, NO EXCEPTION... )))

KR