i have tried to start trades with a trend, now i prefer to follow the trend
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Turning Points Indicators 1 reply
DislikedThanks abhay for the much work. This version 7 has only one colour(BLUE) in the turning point? And did i hear you say this version will show the arrows on real time live charts? I just want to confirm these two things from you. {image}Ignored
Disliked{quote} EA is almost done, I am testing it... at this moment I am leaning to implement the strategy that is giving autosignals on the chart, trendline is good for manual traders as they can spot the momentum and couple of things when watching manually, but difficult to build some of those things like momentum in auto mode. So the strategy with combination of Turing Point and Macd, give nice overall profit with some small small losing trades.. For me it is ok with that strategy but I know many traders are impatient and cannot handle 3-5 small losing...Ignored
DislikedOften we are impulsively driven by the mental condition to trade in big moves and make big money.. but if one can use Turning Points indicator to trade just in the quite times when there is some movement in the price , then good profit can be made.. Just an e.g in 2 turning points, made 15pips on SELL and going for 20 pips on the BUY.Ignored
DislikedOften we are impulsively driven by the mental condition to trade in big moves and make big money.. but if one can use Turning Points indicator to trade just in the quite times when there is some movement in the price , then good profit can be made.. Just an e.g in 2 turning points, made 15pips on SELL and going for 20 pips on the BUY. {image}Ignored
Disliked{quote} Hello Abhay, not shure if I get that first trade: the trend was sort of down, then only 1 candle went up just before that green zone so I (in my ignorance) would be looking for a long, not a short; can you explain a little more?Ignored
Disliked{quote} Hi Abhay - what are those interesting charts, I've never seen those before. Also how do we use the JMA Slope indicator?Ignored
Disliked{quote} Those are from the trend forecasting I do. It is about 70-80% accurate and gives me an idea of what is about to happen next, lot of times I consider that as well in choosing what to do at the Turning Points. Knowing this trend, I sold this morning at 1.0920 (actually I put a limit order before going to bed..).Ignored