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- Nghtmre replied May 20, 2020
Messaged you! Looking forward to working together
- Nghtmre replied May 20, 2020
I think my proposed script/indicator would greatly help a lot of people when it comes to trade entry. If there has already been a similar script made, if someone could refer me to it that would be great, I have tried looking and haven't found ...
- Nghtmre replied Feb 15, 2020
For anyone that thinks there is no value in retail sentiment data from forex brokers with 10s of billions in volume, take a look at this article. Forex is constantly marketed as the largest market in the world, but that statement has a lot of ...
- Nghtmre replied Feb 15, 2020
Using sentiment alone would make no sense because as you said, it doesn't favor having a good risk : reward, or at least a consistent one. That isn't being suggested here at least from my perspective. Again, the goal is to use sentiment in ...
- Nghtmre replied Feb 15, 2020
The great thing about sentiment is that it is not time dependent. Sentiment just measures the amount of open buy and sell orders a broker has, measured in percentage. So 80% would read that 80% of a broker's book on that pair are open buy orders, ...
- Nghtmre replied Feb 15, 2020
This screenshot is of a level I was looking at 2 weeks ago which made for a really nice short, and has led to the Euro falling all week. I went back and applied FXSSI's sentiment indicator. I am currently just using the demo version so the data is ...
- Nghtmre replied Feb 14, 2020
I'm sure some of you guys have seen this guy's interviews on YouTube. Further emphasizing the point: "I want to put my entry where the masses put their stops." video
- Nghtmre replied Feb 14, 2020
I think that's true that most retail traders can pick overall direction or trends fairly well, however, like you said, money management and psychology is most likely the determinant of the loss. But bad money management by retail traders is what ...
- Nghtmre replied Feb 14, 2020
Speed would be an interesting metric to look at because speed of a movement is related to liquidity of that movement. I.e, if price moves up extremely quickly it means that there wasn't many sell orders below to slow down the move, which should also ...
- Nghtmre replied Feb 13, 2020
Appreciate the insight. My original idea/strategy was to use sentiment as a contrarian indicator as you said, waiting for the extremes. Hence why I posed the original question, because that theory seemed to be false when you look at higher time ...
- Nghtmre replied Jan 9, 2018
That is your response to valid points I raised about being careful with investing in XRP? Instead of countering my arguments that's what you had to say lol... I don't have to be a millionaire or an expert to recognize obvious signs that something is ...
- Nghtmre replied Jan 6, 2018
XRP is a complete joke as far as a cryptocurrency goes. It is way too high right now and won't go anywhere past 3-5 as someone previously said. Just look at the market cap. Invest into cryptocurrencies that have a viable product if you are looking ...
- Nghtmre replied Dec 31, 2017
If anyone is willing to code this indicator, I would not mind providing compensation. The indicator should be able to calculate the expected volatility for the next minute, 5 minutes, 15 minutes, 30 minutes, hour, 4 hour, daily time frame using ...
- Nghtmre replied Dec 31, 2017
I think the use for such an indicator isn't really useful to regular FX trading however, I believe it is useful for those of us trading Forex Options, or any options for that matter. To be able to have an indicator that can project the possible ...
- Nghtmre replied Dec 29, 2017
Can someone code an indicator that calculates the Implied Volatility for a given time period (5 minutes, 10 minutes, 1 hour, 1 day, 1 week) and then plots standard deviation levels for the future time period. Example, we want the indicator to ...
- Nghtmre replied May 24, 2017
Murrey Math Lines can be very profitable especially at the +1/8 and +2/8 reversal lines. My strategy right now is profitable using options and spreads. The probability of reversal is high at this point and using options or spreads where risk is ...
- Nghtmre replied May 24, 2017
Is there a Murrey Math Indicator that has price alerts for each level? For example if I only want the +1/8 and +2/8 levels to give me alerts? Instead of the ones in between.
- Nghtmre replied Mar 30, 2017
Has anyone taken interest in trading towards the levels instead of reversing from it. What I mean is that generally speaking during times of increased volume, FO, LO, NYO, price tends to travel to the nearest obvious level of support and resistance. ...
- Nghtmre replied Mar 22, 2017
Here is a good set up. We see rejection at the daily +1/8 line on EURUSD. Also price is at +1/8 on 4 hour line. 15 Minute recently just bounced off of 1 hour 4/8 line and is heading down. image
- Nghtmre replied Mar 22, 2017
I sent a similar message to a member who wanted some help with MML, so I'll post it here as well. For those that want bigger profits and less screen monitoring time I think as many have stated before, that trading in the direction of higher time ...