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Fork Chuvashova and how to use it
Написал admin в 15 Январь 2013, 20:46
Hello everyone, gentlemen traders and ladies tradershi))))! Today, at the request of workers in
the sweat of speculators in the Forex market, I will try to understand clearly and intelligibly how
to use all this wonderful tableware, oh, instrument-Fork Chuvashova .... We must give credit to
Mr. Chuvashov - a lot of useful and necessary tools and tactics he Suggests that you just need to
strain your brains a little ... and get a grasp. Since the first video lessons, I myself could not
clearly understand how this is done, but, possessing perseverance and a frenzied desire to
understand the issue, it was possible to put everything in order .... So, what is needed to build the
Chuvashov Fork? Set the fractal indicator (Fractals) on the charts. This indicator is in the left
panel in the Indicators tab (not to be confused with - the custom indicators). Now look at the
picture.
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Now the rule: You need to build a plug for the next three fractals. Through fractals 1 and 2, a
long fork line (blue) passes, and through fractals 2 and 3 draw a short fork line (green). If the
fork "looks" up, then when the short line crosses, the price goes down and at the intersection
point one can enter the market for sale. If the plug "looks" down, then when the short fork beam
crosses, the price will go up, so you can safely buy.
Pay attention, on the first screen you see the construction of the plug on the M15. The second
screen is H1. The plug should be searched for small TF and then transferred to a more senior TF
and quietly grows the profit. I will mention a few more screenshots.
Here the Chuvashov's Fork was found on the TF M5. In the following figure, TF H1. If we were
looking for a Fork on H1, then we would not have found it and missed a good price movement.
This segment is indicated on the screen with a pink rectangle.
The next Plug I found on TF M30. As you can see on the screen both lines of the plug are
directed downwards, and this is an indicator that the price will go up. Look at how the price
"rushes" in flat and eventually breaks through the short fork line and confidently goes up.
Hooray, gentlemen, we are selling!
I want to note that the short fork line can be at least one degree below the horizontal level of the
fork, which "looks" down and at least one degree above the horizontal level of the fork "looking"
upwards. The horizontal level on the screen is shown by the blue line. For confidence and you
can use this technique. See the next screen. Forks are built on TF M5 and M15
On the next screen, you see the same chart on H1. The lilac fork is built on this TF. And as you
see in this case, the forecast did not come true.
If you look closely at the red and green Forks, then you will see that the force of the price
movement is going on, the strength of the trend is weakening, the bulls are giving up positions ...
The prudent traders are leaving the market and waiting for better times. The conclusion is:
Chuvashov's forks can be built on any TF, but practice shows that it's better to do it on TF M5,
M15, M30 and switch to H1 for better tracking the situation on the market - great is seen at a
distance ... During the flat Wicks are not detected. And this is good! If there are no forks, we do
a day off! I want to thank Stanislav Chuvashov for a lot of free video lessons and high-quality
paid courses literally stuffed with usefulness and valuable information. I wish everyone a profit
and exchange opinions and questions in the comments.
Hello friends. Today, another trading strategy will become a topic for discussion, which will help
us determine the market's turn, the beginning of the trend. In principle, if all these strategies are
combined, it turns out that one strategy complements another strategy. It can even be said that
one strategy is a continuation of another strategy. I am now talking about those strategies that I
described a little earlier on my website. For those who missed this point, I will remind you that
we are talking about the "folding meter" pattern and the "mid" trading strategy.
I also want to ask, have you tested them already? Or chased the story? As a result, well, today I
will tell you about another strategy that will allow you to determine the trend reversal Chuvashov's fork trading strategy.
Chuvashov's fork is another way to simply enter the market. The system itself is very simple to
use and does not require supernatural skills. The author of this strategy, as the name suggests, is
Stanislav Chuvashov, who did not modestly name the system his own name. Personally, I tried to
trade using the Chuvashov's fork system. The result is variable. First in plus, then in negative. I
did not achieve big profits. Later, as I think, I'll tell you why. As the saying goes, enlightenment
comes later.
Chuvashov's fork, like most trading systems, is a trend. Stanislav Chuvashev is also the author of
several trading strategies called TAACH. As I decipher this abbreviation, I do not know, but I
know for sure that there is TAAH and even already have TAACH 2.0. We will talk about the
effectiveness of these strategies in the future. In the meantime, more details about the
Chuvashov's fork. The Chuvashovka, as well as the folding meter, serves as a signal for entering
the market. And it allows you to recognize the beginning trend at the very beginning.
Draw a fork chuvashova.Rassmotrim this system for the rising market. To start on the chart, we
expose the indicators fractal. On the last two lower fractals, we draw the first straight line. We
wait. If, after some time, another fractal is formed on the chart below this line, then we draw
another straight line connecting the previous fractal and the last one. These two lines will be the
Chuvashov's fork.
How to use Chuvashov's fork? If the price broke through the second line and closed below this
line, then this will be a signal for us to enter the market. A sell signal. This will be a signal to the
market turn and the beginning of a new, already descending trend. We place the stairs on the top,
to the maximum. And gradually we move the stop as the chart moves down. The first time we
will carry it, when the upper fractal is formed below the entry price. That is, when the transaction
on this fractal is closed, the transaction closes in us plus. And then with each subsequent fractal.
There is no profit for this system. Stop loss will be a profit for this trading system. And then we
move our stop loss and wait for the signal to turn the market for entry in the opposite direction.
That's all the stratghia itself. For the down market everything is exactly the opposite. Pomnitsa at
the beginning, I promised to tell you the reason for my varying success in trading Chuvashov's
fork. So, everything is simply simple. You can go into the minus without exposing the stop loss,
you can also go into the minus and not exposing the take profit. Self, the desire to snatch more
profit in the long run will ruin us. As they say, greed ruins. After all, as you know, the price
constantly goes up and down, and even if we were able to determine the trend in time, the market
turn, then there is nowhere to go without profit take. You need to at least level your chances.
Expose the take profit at least equal to the stop loss, well, or more, all at your discretion and then
you can already judge the profitability of this trading strategy.
At one time, again, when I went to the courses, the teacher told us: "Learn to take at least 10
percent of the potential profit. And it will be more than nothing. "Well, and running a bit on the
front, I would like to say that in the next articles I plan to write about some methods for
determining the continuation of the trend. Together with these strategies of determining the trend
and turning points like a Chuvashov's fork, the folding meter and the trading strategy of the
middle can turn into a powerful weapon. We already learned how to determine the turn, there is a
continuation. Well, then everything is as rolled.
If you do not want to miss this event, then I recommend that you subscribe to the blog updates,
just below, and then you will learn all the latest news first. And the question is: How do you
determine the trend? How do you determine the beginning, the turn, the trend fading? Please,
unsubscribe. I think it will be interesting to know not only me, but also readers who visited our
blog.
Well, for now, see you soon. Thank you for your attention. Regards, Nikolay.I do not forget to
click on the buttons of social networks. Thank you in advance.
Read more: http://rf-forex.ru/torgovye-sistemy-foreks/vilka-chuvashova.html#ixzz4hqT5KCfw
ndicator Force Index, divergence and fork ChuvashovaWritten by admin on 9 January 2013, 22:
37Welcome! Today we'll talk about the Force Index indicator, which is in the MT4 indicator
array and which, in principle, with skillful use, can serve a good service as an additional filter. I
will not go into the abstruse details of how this indicator is configured, what time period and how
many candles are taken for Calculation of the display of the graph .... we will refer to his
testimony as to the running water from the tap and we do not care which pumps this water pump
....
So, to set the Force Index indicator is easy - drag the mouse to the chart and that's it. Settings do
not touch. Now take and see how the indicator on different TF behaves. We saw that the older
the TF, the more accurate and clearer its readings ... I add that this indicator shows the
divergence otmenno.Na example show how you can work with this indicator, focusing on the
divergence and more ... how useful it was to me knowledge of the plug Chuvashova. .. On the
screen red lines denote divergence. With her discovery, it became clear that the descending
movement had exhausted itself and the movement would soon begin to rise. With the appearance
of a fractal, indicated by a single, we become on bay.
On the screenshot in the indicator window you see a lilac horizontal line. I did this only for
clarity, so that it was clearly visible that the Force Index indicator moves to the top of the
window while moving upwards. You can monitor the location of the level of 00.000. The higher
the zero level in the indicator window, the higher the overbought level. And vice versa with
oversold. I think that this is understandable. Now, when we entered the market for purchase, the
most important question arises - when to leave the market? Again, let's confide in the indicator
Force Index. During the movement of the price on the chart, fractals were formed, indicated on
screens 1,2 and 3. On these fractals I drew the plug of Chuvashov and began to use this plug as
an additional filter.
According to the theory of Mr. Chuvashov, the price was to reach the top line of the plug and
pushing away from it to go down. If the price crosses the lower fork line, then the price will
continue its downward movement. And this will serve as a signal for entering the market now for
sale. At the screen I showed that the indicator is also used. Vertical red lines show what moments
I paid attention to.
As you can see, the Force Index indicator perfectly showed divergence and paired with
Chuvashov's fork and was a wonderful duet. If you use these tools in trading, I highly
recommend carefully analyzing the indicator on different TFs and currency pairs on history. This
is necessary to ensure that a novice trader is used to the "language" of a new instrument ... I want
to add a little about Chuvashov's fork. This tool works fine too. I have been building forks for
quite a while now and they really work out. The only observation is that such a sign appears not
so often on the chart. Maybe this is due to the fact that I mainly trade on H1.As usual - we
exchange thoughts in the comments ... and all successful trades!