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- Lou G replied Jun 28, 2011
A good (very bad) example — Attached is an example of the questionable sinewave in action - when the blue line crosses the red line (up or down) a trade is supposed to be placed in the corresponding direction...a huge mistake in the example ...
- Lou G replied Oct 25, 2010
A helpful indicator — Here's what I use to find entry points and stoploss placement. It's based on Williams fractals. Also helpful to see the current trend. In this chart (10 pip blocks) trend has been down for a while so until resistance is ...
- Lou G replied Jun 18, 2010
6/18/10 postmortem — Very flat early, some thin soup later (more like consomme, really). Flat market, no trend, so long/short are both options. The chart shows two obvious trades (but you had to be on M5 to get them). Exit points are also ...
- Lou G replied Jun 18, 2010
What the next ALF may look like... — ... after a LOT more work. ALF is the only actual indicator here. Four time frames are shown simultaneously. Chart is M1, green boxes are M5, blue are M15 and the red one is H1.
- Lou G replied Jun 15, 2010
6/15/10 postmortem — Once again today, I've proved that I am a much better programmer than a trader. Those who followed the ALF guidelines gained a minimum +37 pips (see the chart) on two long trades. I, on the other hand, gained +20 on two ...
- Lou G replied Jun 15, 2010
Finally pulled the (small) trigger... — ... with the trend instead of against it. This (see chart) turned into +10 and I bailed out again.
- Lou G replied Jun 15, 2010
A quick short — Just took a quick short (EU M5) for +10 - sort of a boredom trade Screenshot taken at entry - candles turned red, I took it.
- Lou G replied Jun 15, 2010
And, on M15... Resistance tried and rejected for over an hour.
- Lou G replied Jun 15, 2010
Looking at EU H1 - if this current long does not hold, trend could be down or ranging for NY open.
- Lou G replied Jun 14, 2010
More... — The hits just keep coming.
- Lou G replied Jun 14, 2010
More good trades... — ... late in the day. The same ones will also show up using Fractal_Candles. Based on a glance at ALF (about the same now as at the left of the screen), EU may be ranging more than trending. EDIT: Oops, sorry - we already ...
- Lou G replied Jun 14, 2010
I give up (for now) on the beta setup — It's working fine for some, not fine for others and I have no idea why at this time. If it's not working for you, try this: Open a new, naked chart for EU M15. From MT4 Navigator add the following ...
- Lou G replied Jun 14, 2010
Here's my GJ, H1. Do you have ALF_Alert on your system? Its absence may be causing the problem...
- Lou G replied Jun 14, 2010
The day so far: Long at point A, good for +80 or so. Counter-trend at point B. If you took it, good for +20. Long at point C, good for +20 or so. This is on beta setup, same results on original setup. Point A was during London session, so I was not ...
- Lou G replied Jun 14, 2010
Long at the up arrow. I did not take the previous down signal as it was counter-trend.
- Lou G replied Jun 13, 2010
Currency pair? Time frame? Give me something to work with... If you have arrows enabled, you should have historical arrows showing.
- Lou G replied Jun 12, 2010
Alert indicator added — See Post #1. Download ALF_Alert.ex4 and copy to yourmt4/experts/indicators. Alerts will be sent (once, and only once) when PA is about to open above/below ALF. To anticipate a question, I was unable to find a reliable ...
- Lou G replied Jun 12, 2010
No need to have the Instant Trend indicator on the chart (in fact, better not to). The candles change color when the lines cross and when PA is not moving in the same direction as the trend. So, "yes" to the second part of your question... Should ...
- Lou G replied Jun 11, 2010
Another good short — And yet one more:
- Lou G replied Jun 11, 2010
Watching EU M5 today — Started on M15 but didn't like the look - M5 seems better for trading at this time. Chart shows a good short trade: