Can you send some good NRP indicator?
Regards
Scripts for Limit entry, Stop entry, Market entry 46 replies
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Dislikedwhat best indicator to entry signal and looking TRENd ? with TF 30m or 1H please help meIgnored
Disliked{quote} Every successful has his own customize strategies. In most of the cases it doesn't work for others. Because in forex trading psychology plays a big role and every person is different mentally from other. If you want to be successful you have to find yourself what works for you.Ignored
DislikedIf I can change one trader's mind then I will consider this a success. "Price" is one and only indicator you need. As someone who wasted 5 years testing indicators and losing money I can tell you without equivocation you're wasting your time with indicators. If you spend 12 months learning price action you won't need another indicator ever again. Start testing price runs into big figures at the London Close Timeframe. See for yourself.Ignored
While doing so with technicals only can work - I would suggest also watching for news events that are upcoming. These may hold the price and cause it to either move slowly or only range until after the event passes.
Disliked{quote} Here's something that may work for that - the more experienced persons can correct me if I'm wrong. Assuming you use candlesticks....... Pick a pair. Pick a timeframe. If selected timeframe is lower than 30 minutes then move to a higher timeframe to set zones. Switch to line charts - line charts only show the CLOSING PRICE. Draw horizontal lines to show support/resistance zones on higher timeframs (if your selected one is below M30). Switch back to your timeframe. Draw additional zones. Switch back to candlesticks. Watch for price breaking...Ignored
Disliked{quote} Here's something that may work for that - the more experienced persons can correct me if I'm wrong. Assuming you use candlesticks....... Pick a pair. Pick a timeframe. If selected timeframe is lower than 30 minutes then move to a higher timeframe to set zones. Switch to line charts - line charts only show the CLOSING PRICE. Draw horizontal lines to show support/resistance zones on higher timeframs (if your selected one is below M30). Switch back to your timeframe. Draw additional zones. Switch back to candlesticks. Watch for price breaking...Ignored
I promise you'll have a much better idea of what is driving a "trend" than anything a MT4 indicator will give you.
Disliked{quote} Here's something that may work for that - the more experienced persons can correct me if I'm wrong. Assuming you use candlesticks....... Pick a pair. Pick a timeframe. If selected timeframe is lower than 30 minutes then move to a higher timeframe to set zones. Switch to line charts - line charts only show the CLOSING PRICE. Draw horizontal lines to show support/resistance zones on higher timeframs (if your selected one is below M30). Switch back to your timeframe. Draw additional zones. Switch back to candlesticks. Watch for price breaking...Ignored
DislikedThe best indicator to get you into a trade accurately, and it is free. {image}Ignored