Regret is Brutal
Hi Wags,
Interesting approach. I played with the MP indi some time ago, it was nice confluence on certain levels.
Question regarding your EJ trade yesterday: You moved your SL to BE at this point:
And not long after it reaches your TP, but in the meantime it went back to your entry level so logically should have stopped you out?
Interesting approach. I played with the MP indi some time ago, it was nice confluence on certain levels.
Question regarding your EJ trade yesterday: You moved your SL to BE at this point:
And not long after it reaches your TP, but in the meantime it went back to your entry level so logically should have stopped you out?
- #66
- Edited 9:35am Dec 17, 2020 9:16am | Edited 9:35am
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Hi Wags, Interesting approach. I played with the MP indi some time ago, it was nice confluence on certain levels. Question regarding your EJ trade yesterday: You moved your SL to BE at this point: {image} And not long after it reaches your TP, but in the meantime it went back to your entry level so logically should have stopped you out? {image}
well spotted
I didn’t think anyone would spot that , as it’s an intra day strategy rather than what I normally try to do ( set and forget ) I monitor trades all day and dynamically move my SL and TP depending on market , without breaking your risk/reward though
i think we need to be able to be flexible when only trading these short timeframes , being rigid with a market that is more than flexible will hurt us
i only do this inside my RR with SL though
FairPlay to you ,, much respect
Respected Wags Sir 
,
I tried to study Volume profile indicators but did not find much success in understanding it but regaining confidence after seeing you amazing trades . I would really appriciate it if you be kind enough and kindly explain the exact entry exit rules to take trades in both directions please
Thank You in advance
,I tried to study Volume profile indicators but did not find much success in understanding it but regaining confidence after seeing you amazing trades . I would really appriciate it if you be kind enough and kindly explain the exact entry exit rules to take trades in both directions please
Thank You in advance 
- #69
- Dec 17, 2020 11:59am Dec 17, 2020 11:59am
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Respected Wags Sir
- #72
- Dec 17, 2020 12:05pm Dec 17, 2020 12:05pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
OK , i love the indi Jagg has created but my heatmap idea of different colours makes it look really confusing so i have come to the conclusion of the last 3 days POC are Red and anything less is colour Silver
This is just my preference so you can do as you please
This is just my preference so you can do as you please
- #73
- Dec 17, 2020 12:18pm Dec 17, 2020 12:18pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Missed out all day because i dropped my laptoplast night and broke my charger
Just entered to try and grab a few pips on NZDJPY long
Just entered to try and grab a few pips on NZDJPY long
- #74
- Edited 1:02pm Dec 17, 2020 12:47pm | Edited 1:02pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Ok this is what i would be looking for in an area to give me the most confidence in taking a trade
- #76
- Dec 17, 2020 2:26pm Dec 17, 2020 2:26pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
{quote} I liked the idea - thought this could be useful for me too so I coded a first test version with the new parameter "Median/POC Color Heatmap (now to past - comma sep. or blank)" You can put in there a comma seperated list of colors => first entry is the color for the current profile => second entry is the color for the profile from yesterday for example and so on If you have "SessionsToCount" set to 20 for example and you post only 5 colors in - only the last/newest 5 profiles get the colors you've set. All the older profiles (>5) get the...
Thankyou for your heatmap indi , it works perfect and i love the basic settings i have chosen
I have been looking for only one indi to compliment this strat for months, i know im being cheaky but there are no decent delta indis for mt4 because its all for futures and they only create them for real volume but correlation from real volume and tick volume is not that much out of sync apparently , its a cumulative delta indi which starts from market open each day, i have added an image below ( dont care about candles just a line will do)
This would be sub-window indi relating to each day
- #77
- Dec 17, 2020 2:30pm Dec 17, 2020 2:30pm
- Joined Jan 2018 | Status: Trader | 17,298 Posts
Hi there,
I wish you good luck
very interesting
I wish you good luck
very interesting
- #78
- Edited 4:11pm Dec 17, 2020 2:32pm | Edited 4:11pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Good evening !!! First of all, thank my friend Wags for his work. I work with the US30 asset, I downloaded the indicators and template from #post 4, but it turns out that the red POC line does not appear for the US30 asset, I would like to know if I have to configure anything different in the "Volume profile on time range" indicator thankful
Hi There
It shows on mine, sometimes for different ATR or pair it shows as thin line btw
ATR is showing 4000 so lines will be far more tight
EDIT: This will need some serious adjustment on timescales looking at it again now
- #79
- Dec 17, 2020 2:37pm Dec 17, 2020 2:37pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
Hi there, I wish you good luck very interesting
- #80
- Dec 17, 2020 2:48pm Dec 17, 2020 2:48pm
- Joined Jan 2018 | Status: Trader | 17,298 Posts
{quote} Cheers Kette
you do that very well