DislikedHi Steve...Please tell me which MPTM indicator/EA to use and the proper settings...The ones I had attached to my chart kept closing out the trades (.01 lots) at .10/.12 cents (couple pips)
Thanks in advanceIgnored
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DislikedHi Steve...Please tell me which MPTM indicator/EA to use and the proper settings...The ones I had attached to my chart kept closing out the trades (.01 lots) at .10/.12 cents (couple pips)
Thanks in advanceIgnored
DislikedI put a check mark where the #3 would have entered and you would already see a profit. If price continues down, you have a very very good trade here.Ignored
DislikedIN DEVELOPMENT
My #4 EA (second pic) will be posted soon for trades like this. It will enter off of the BB or the crossing of the 3MA so either way you will be in. You dont want to miss trades like this. The second pic is the new EA I am testing. It will enter off of the white BB or the yellow 3MA. I want to make sure I dont miss this trade and I want either entrance.Ignored
DislikedHi Steve...Please tell me which MPTM indicator/EA to use and the proper settings...The ones I had attached to my chart kept closing out the trades (.01 lots) at .10/.12 cents (couple pips)
Thanks in advanceIgnored
DislikedSince Bob's brought up divergence, wouldn't it be a nice addition to this strategy to come up with a #5 EA( I know #4 is being tested) that would trade when divergence is spotted. I'm a true believer in RSI divergence...Ignored
DislikedThank you very much for very useful tips on divergence. I am still trying to get the hang of the art of divergence trading which can be a very potent tool in trading. Since Bob says you are the master in this field and he learned divergence from you, I am going through your old posts to find out as much as I can (I suppose with everything else, practice makes perfect).
In the meantime I found these indicators very useful in identifying and learning RSX (a variation of rsi) divergence...Ignored
DislikedSteve..thanks for the reply, I think I need to clarify my question..
I have the following indicators loaded;;MPTM BE 6x6 20-10-j-30, MPTM bomb, MPTM breakeven, MPTM set SL TP 4D,,where can I find explanations for use and setings??/Ignored
Toothman, #7 now waits for the start of each new candle, then looks at the previous one to trigger a trade. It should work thus for a sell (so vice versa for a buy):
So:
DislikedSwingman, Thanks for the indicator.
Bob,
Regarding the NZDUSD trade, when I see the price breaking through the gold line towards the BB I switch on the #1. Is this premature (in case of huggies or BB runs north)? Just to make sure the rule for the use of #4 is crystal clear for idiots like me, this is used when the price is at the top or bottom sixth of the screen, RWB condition is met, the price is between BB and 3MA. What is not 100% clear is what differentiates a #1 Ea and 4# trade.
Toothman,
Thanks for your instructions regarding rules for...Ignored