If it does, 95% of repainting indicators are pieces of craps...
Sonic
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedOK now this sounds silly but....
depending on the zoom/scale and time frame you can get a load of different time and price points, so which ones do you trust? The ones that with hind sight fitted?
still reading up on this but lost me for sure.......Ignored
DislikedThe system works on any timeframe... but you won't have setups on every one of them, nor every setup seems to be accurate (that's why I posted the chart of what I would consider a fairly accurate and \"by the book\" setup, in June - H1)
At the present moment, I only see the monthly as being \"in rule\", M5 bearish setup showing already went on target (and \"timing\" line waay off ); on the H4 setup I already noticed that the \"timing\" lines don't converge (though after examining several former setups I can see that this factor is the less accurate of them all) so maybe yes, the price could reach any point on that 1-4 line but I wouldn't take that as a guideline because I doesn't follow the rules completely, IMO.Ignored
DislikedUse this for a guide if you are thinking about entering a trade. If you are trading off the 1 hr chart for example, then your stop needs to be about 10 pips below the last low, or 10 pips + spread above the last high when going short. If after you figure it out and its to steep for you, then wait for a better opportunity. Please trade at your own risk.Ignored
DislikedAs some of you know, I am a newbie who has been trading the EUR/USD the last few days and lost a lot of his live account.
So tonight I went back to my demo to start from scratch.
About 5 hours ago I noticed an ascending triangle formation on the 15 minute chart.
In the last 4 hours Ive made over 100 pips, total profit $1079.
Of course I am crying because its my demo account and have been trading live and losing money the last 2 weeks.
But feels good that I spotted an actual pattern that fomed and used it to my advantage.Ignored
DislikedSome screen shots comparing the three indicators at hand:
1 and 2 (both found on above mentioned thread)
3 (posted by ToBe - is the same Akuma mentions in the Wolfe thread)
1. 0_WolfeWave_04m.ex4
Very much documented with what I think are fib values?? though it shows additional (yellow) lines, maybe of earlier setups. (Edit: indeed, it leaves the former setups on the charts. Could become very messy... but good for backtesting purposes )
http://i47.photobucket.com/albums/f2...ece/0_wolf.gif
2. WolfeWave.mq4
Shows same setup as (1). Doesn't show the 2-4 line though.
http://i47.photobucket.com/albums/f2.../wolfewave.gif
3. Wolf.mq4
Gives a buy or sell alert on top, but seems to have its 1-3 line wrong.
http://i47.photobucket.com/albums/f200/doblece/wolf.gif
Indicators attached.
I personally think that number (1) seems better.
Edit: added PDF file for WolfeWave system.
According to Nš(1) setup, price would be bound to reach 1.25ish at the end of the day?
Who knows...Ignored
Disliked... and that is for certain.
Morning sunT. Enjoying glancing at the charts now and then and won't trade again until i really don't care what anything does.
We (my wife and I) worked on a remote northern Alaska road job once where the oh so bright just out of college slipstick operators (civil engineers) had DRASTICALLY underestimated almost everything about the job, from the amount of material involved to the time it would take to complete. Becuz evrything had been bid, EVERY change required compensation to the contractor at a different rate, much higher than the scale used to estimate the original scope of work, such as $ per yard of rock placed.
\"Rock placed\" represented the total cost of knocking down the trees, scraping off dirt and overburden, drilling and blowing up the mountain, hauling it off in big trucks (our job), and dumping it, and then everything required to turn all that into a finished road. The original job was bid at 1.3 million cubic yards and the final job required well over 2.1m yards...
You see the reason our motto that summer was \"There's money in chaos.\" We had to get to the place where we didn't care what happened when we got into the trucks every day for 12 hours, for over 3 months straight. Total BS CHAOS every day. Lotta chaos that summer... lotta moolah.
These days remind me of those days. For instance we should of all bought some Volkwagen last week...Ignored