I am calling it a night. Very uneventful trading day! USDCHF looks to want to go south. Leaving my limits in as they are good for another 8 hours or so. If price comes back now...it will be nice...TP's will be hit!
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DislikedHere's the latest version of the indicator.
Screenshot with all options ON:
Attachment
This way, you can have the rules always onscreen (might be me, but i forget rules sometimes and have to go back to first post to read again )
AttachmentIgnored
DislikedThanks for the helpful indicator. But every time I look at this one and the previous version, The TP1 has always been less then the entry Price in the comments. You notice that?
thx,
toddIgnored
DislikedHere's the latest version of the indicator.
Screenshot with all options ON:
Attachment
This way, you can have the rules always onscreen (might be me, but i forget rules sometimes and have to go back to first post to read again )
AttachmentIgnored
Dislikedgood point, will see to fix it, and upload back in the same post . thx!
UPDATE: found the mistake, *FIXED* please download again.Ignored
DislikedRuben, thanks for the code, i'll update it and upload it back in the previous small hours indicator post!
your bug #1 and #2 seem correct and better code so i will change that. Also the pipspread is great. i was already gonna change that, but thanks to you its done
bug #3 i think there's nothing wrong there. no need for "in between" color according to the rules, and also many times it will be yellow then, while it complies to the rule to sell or buy.
Or can you explain better why #3 is a bug? or does someone else have the right answer for...Ignored
DislikedHi Colostarr,
Rule no. 2 is very hard to validate (refer here the 3 rules for this method http://www.forexfactory.com/showthre...=1#post4395337)....Ignored
DislikedHi Colostarr,
Rule no. 2 is very hard to validate (refer here the 3 rules for this method http://www.forexfactory.com/showthre...=1#post4395337). Look at the set up for GBPJPY. I know GBPJPY is not your favorite pair. I use this pair here is just for an example purposed only.
LL5 = 133.178
HH5 = 133.767
Low of the most recently closed candle = 133.462
High of the most recently closed candle = 133.749
Rule no. 2 states that
1. Sell set up: (Low of the most recently closed candle = 133.462) > (LL5 = 133.178)...Ignored
DislikedHow often are you hitting the 2nd profit level? I really dont like the risk:reward of the first one. If the TP2 is being hit more than 60% of the time, why not just use that for every trade?Ignored