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- TheJube replied Jul 11, 2023
Maybe interesting to know, not sure if the Monthly level is also significant for you. But the lower high (and also the double top formation), happened at/around the Previously Monthly high level
- TheJube replied Jul 3, 2023
image Thanks for sharing! @Vidvad, correct me if im wrong, but i think we enter the trade on the 2nd or 3rd white bar counted from the last red bar (that would be the 1st or 2nd circled candle on this picture). There is also resistance left ...
- TheJube replied Jun 30, 2023
Exactly, well said! Thank you for analysing the chart i posted Great thread (also thanks to Rocky/other contributors of course), and a great helpful thread-starter i see. Thanks!
- TheJube replied Jun 30, 2023
image This is my chart using MT4 2.5 pip renko size. Pretty much identical to Vidvad's chart
- TheJube replied Mar 9, 2023
Not sure. If that is the case, then looking at charts in hindsight is only looking at winners, and gives a wrong perspective on the real time trades you would take that would not be winners. It still can work/be profitable, but posting historical ...
- TheJube replied Mar 9, 2023
Okay! Thanks for the explaination
- TheJube replied Mar 9, 2023
May i ask you with all respect, maybe i misunderstood, but: why would you use a M1 chart, if you would wait for the M5+M15 candle to close before entering? Then you can just use a M5 and M15 chart only right?
- TheJube replied Mar 9, 2023
Exactly my point. You understand it I'm amazed about how people think that a historical MTF chart is the same as the realtime MTF chart. It can work, but you do will have extra fals signals when the higher TF candle(s) haven't closed yet. It ...
- TheJube replied Mar 8, 2023
image Entry and exit @Bushy
- TheJube replied Mar 8, 2023
image image What i see is a nice divergence on the uper wicks (higher high), with a lower high on the TSV indicator. Is that what you mean ?
- TheJube replied Mar 8, 2023
It is a MTF indicator, so it has to "repaint". If you don't want repaint, you should ignore for example the M1 candles from 12:01, 12:02, 12:03 and 12:04. So depending on what minute you are you should ignore it (if you want to have the M5 RSI ...
- TheJube replied Mar 8, 2023
I agree. Like you have 2 options: You either wait till the M5+M15 bar crossed AND closed the 50 level. Then i don't see any additional value to having this system open on a M1 chart (because you are always waiting for M5 and M15 to close, ...
- TheJube replied Mar 8, 2023
Hi all, What you can use instead of the RSI line indicator, to be 100% sure that the RSI crosses the 50 level, is to use this handy MTF RSI histogram. I will post the settings etc. so you can get what i have on my chart file file image ...
- TheJube replied Mar 6, 2023
@Jakepuia, You are using the RSI 5 and 15 setting on the M1. That is different than the OP explains. 5 Candles on the M1, is not the same as a 5 minute candle. Same for 15/M15 setting. You should use a MTF indicator, or look at the M5/M15 chart to ...
- TheJube replied Oct 14, 2022
So you have to put the downloaded Indicators folder inside yout MT4's Indicators folder. And then you can open the template from wherever you saved it (desktop, downloads, doesn't matter). That should work normally i think...!
- TheJube replied Oct 14, 2022
Hi TDT-Coffee, and the rest! Thanks alot for sharing your system Here are 4 trades i took on AUDUSD M1, and one on M5. Also included the results. It seems like it works, if i did anything wrong with entering for example, let me know please! ...
- TheJube replied Mar 31, 2022
So, on my chart as you can see, the MA-cross was long done before, and we are now in the 5th StochRSI-cycle. So that is not entering now, at the beginning of the trend, but entering when the trend has been going on for a while now. Better now, is to ...
- TheJube replied Mar 24, 2022
Thanks WickedDaddy, speak to you soon and wish you all the best with the activities!
- TheJube replied Mar 19, 2022
So, according to WD i think this would be correct: 1st and now 2nd cycle! Only, i personally count a cycle from both StochRSI lines going above 80 (or below 20). In this case not both StochRSI lines crossed 80, so for me this would be the 1st cycle ...