Hello Friends,
Based on the request from TJ friends I am restarting the Sonic R System discussion for the benefit of real traders in TJ whom wish to earn and learn. Please see the basic setup and trading styles used by this system. Here we can discuss on any exchange stocks that has charts in MT4... NSE, MCX etc. My kind request for spammers and rumors to stay away from this thread to keep it alive for benefit of all new as well as experienced traders.
I would also request everyone to actively participate by posting RT charts with questions rather than expecting tips. I will try to respond as and when time permits as I am a fulltime trader and this is my only source of income.
Unnecessary questions like have you Backtested this system?, how much you have earned?, what is your daily target, how long you are using this system, how much you have invested/lost etc.... will NEVER BE RESPONDED unless requested for valid reasons.
Download link for the 2014 version of Sonic R System
http://www.forexfactory.com/attachment.php?attachmentid=1388804
Find the MT4 free version with RT feed at this thread
http://www.traderji.com/metatrader/92120-metatrader-indian-markets.html
Installation:
MT4 installation instruction is given in the above thread. After downloading and installing the MT4 follow the below steps to install Sonic R system indicators.
1. Unzip/extract all the files from 2014 Sonic R Indys
2. Launch MT4 - CLick File - Open data folder - MQL4 - Indicators === Place all Mql4 source files here from black chart and white chart (extracted files)
3. Click File - Open data folder - Templates === Place both black and white TPL files(template files)
4. Close and restart MT4.
5. Right click on any chart and select Template - 2014 Sonicr (black) or 2014 Sonicr (white)
Description and How to Use Sonic R Strategy Effectively.
Candle Colors Definition
RED : Heavy volume selling and this is more powerful when stocks hitting new highs or at S/R levels.
Green: Heavy volume buying and this is more powerful when stocks hitting new lows.
Violet and Blue: Getting ready for a fall or rise.
Light and Dark Ash: Market is normal without any big moves.
Blue filled Line : Is called solid dragon and its based on EMA
Black line : Its Trendline
Trading style 1 : Based on Volume Candles.
Green Candle followed by RED CANDLE or Violet on the highs -- End of bulls or bear MM's loading shorts. ==== Sell trade can be initiated after confirmation
Red candle followed by Green Candle or Blue candle on lows -- End of bears or bull MM's loading longs when price falls === Buy trade can be initiated after confirmation.
Trading Style 2 : Based on Breakout Scenario
Price and candle close above Dragon and Trend line - Wait for a retest or pullback to enter BUY only when it breaks above the last high with latest swing low as SL.
Price and candle close below Dragon and Trend line - Wait for the retest or pullback to enter SELL only when it breaks below the last low with latest swing high as SL.
There are even more trading styles in this system but lets start with basic and powerful methods initially.
How to post charts in this thread:
MT4 - Click File - Save as picture - Active chart (as is ) - Post image online in Mql5 - Click ok
Copy the link from BBCODE and paste in this thread....
I have added as much as information in this first post for the benefit of new thread readers and hope it helps all. Lets keep this thread active and alive.....
Cheers to all well wishers...
Based on the request from TJ friends I am restarting the Sonic R System discussion for the benefit of real traders in TJ whom wish to earn and learn. Please see the basic setup and trading styles used by this system. Here we can discuss on any exchange stocks that has charts in MT4... NSE, MCX etc. My kind request for spammers and rumors to stay away from this thread to keep it alive for benefit of all new as well as experienced traders.
I would also request everyone to actively participate by posting RT charts with questions rather than expecting tips. I will try to respond as and when time permits as I am a fulltime trader and this is my only source of income.
Unnecessary questions like have you Backtested this system?, how much you have earned?, what is your daily target, how long you are using this system, how much you have invested/lost etc.... will NEVER BE RESPONDED unless requested for valid reasons.
Download link for the 2014 version of Sonic R System
http://www.forexfactory.com/attachment.php?attachmentid=1388804
Find the MT4 free version with RT feed at this thread
http://www.traderji.com/metatrader/92120-metatrader-indian-markets.html
Installation:
MT4 installation instruction is given in the above thread. After downloading and installing the MT4 follow the below steps to install Sonic R system indicators.
1. Unzip/extract all the files from 2014 Sonic R Indys
2. Launch MT4 - CLick File - Open data folder - MQL4 - Indicators === Place all Mql4 source files here from black chart and white chart (extracted files)
3. Click File - Open data folder - Templates === Place both black and white TPL files(template files)
4. Close and restart MT4.
5. Right click on any chart and select Template - 2014 Sonicr (black) or 2014 Sonicr (white)
Description and How to Use Sonic R Strategy Effectively.
Candle Colors Definition
RED : Heavy volume selling and this is more powerful when stocks hitting new highs or at S/R levels.
Green: Heavy volume buying and this is more powerful when stocks hitting new lows.
Violet and Blue: Getting ready for a fall or rise.
Light and Dark Ash: Market is normal without any big moves.
Blue filled Line : Is called solid dragon and its based on EMA
Black line : Its Trendline
Trading style 1 : Based on Volume Candles.
Green Candle followed by RED CANDLE or Violet on the highs -- End of bulls or bear MM's loading shorts. ==== Sell trade can be initiated after confirmation
Red candle followed by Green Candle or Blue candle on lows -- End of bears or bull MM's loading longs when price falls === Buy trade can be initiated after confirmation.
Trading Style 2 : Based on Breakout Scenario
Price and candle close above Dragon and Trend line - Wait for a retest or pullback to enter BUY only when it breaks above the last high with latest swing low as SL.
Price and candle close below Dragon and Trend line - Wait for the retest or pullback to enter SELL only when it breaks below the last low with latest swing high as SL.
There are even more trading styles in this system but lets start with basic and powerful methods initially.
How to post charts in this thread:
MT4 - Click File - Save as picture - Active chart (as is ) - Post image online in Mql5 - Click ok
Copy the link from BBCODE and paste in this thread....
I have added as much as information in this first post for the benefit of new thread readers and hope it helps all. Lets keep this thread active and alive.....
Cheers to all well wishers...
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