Attached Image
Member
2
LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedPls' which indicator is this? can you share? The red line that runs through the main chat. {image}Ignored
Disliked{quote} It is nothing else than the good old Tenkan-sen line of Ichimoku Indicator.. You already have it on MT4 inside the "Trend" category indicators.. just make all the other elements of Ichimoku invisible by changing the colors to "None".. I generally use a tenkan between 13 to 16 depending on the timeframe.. Stay GreenIgnored
Disliked{quote} Yes, no signs of bulls yet. It can easily drop to your Box2 zoneIgnored
Disliked{quote} Thanks. What settings would you recommend for 4hrs time frame. ?Ignored
Disliked{quote} For EURUSD H4, I would say 13 or 14 depending on how deep you want the candles pierce below tenkan or above tenkan .. The Tenkan line is good for early spotting end of retracements in trending scenarios. For buy scenarios for example, the trick is not to go long when dropping candles begin to touch the tenkan.. the correct way is you should wait for candles to pierce or close below tenkan.. then you start looking for buy signals.. and you should already be in the trade while price was below tenkan.. if you entered long after candles rose...Ignored
DislikedMy Supports: 1.1741: H&S Fib 161,8% 1.1714: Weekly Fib retracement 1.1700: Psychological Support 1.1658: Strong Support line and H&S Fib 200% I will jump out at 1.17 {image}Ignored
DislikedI spotted a nearby and a distant MACD divergence on H1.. bears losing steam.. marking 1.1796 as daily support and will look for buy signals around there.. No pinbar or significant candle on H1 yet that would tempt me to close short trades. Waiting period.. need some coffee.. Stay GreenIgnored