DislikedHow do you determine SL in cases like this? If usual rule is previous horizontal level of TM then here previous level was higher, so...? Swing low?Ignored
Paulus
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
TrendMagic Channel 2 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
If you buy gbp/usd and sell eur/usd, is that the same as being short eur/gbp? 1 reply
DislikedHow do you determine SL in cases like this? If usual rule is previous horizontal level of TM then here previous level was higher, so...? Swing low?Ignored
DislikedPaul,
I don't understand why you are using the MTF CCI indicator. Like all other MTF indicators, it has an inherent lag in it. MTF indicators are not bad by definition, but I find it a bit difficult to understand why you don't want to use a simple moving average, because when it comes down to it, that's all there is to it (by it I mean the CCI). The CCI zero line shows whether the price is above or below a simple moving average of any given period. Ergo, it would make sense to use a 250 SMA (5*50=250) because a) it doesn't lag b) more space for...Ignored
DislikedHi Paulus,
Thank you for your thread and sharing the indicators. I am interested in learning more about these indicators so that I can trade EUR/GBP and EUR/USD on daily charts.
The problem is I am new to MT4. I have downloaded all files (HG_0001a_MTF.ex4, TudorGirl_Vorticity_2 (2).ex4 , tm4 with hv.tpl, Trend Magic.ex4, Clock_v1_3.mq4 ) and don’t know what to do with them.
Are they all the filles I need? Which folders should I save them in? Hope you have time to show me.
ThanksIgnored
DislikedThe 5min chart for yest had only 3 signals –4-2+114 for a gain of 108pips
PaulusIgnored
Dislikedhi david I missed a -9 on the 1st trade ..sorry
and yes no re entry in that period
ope that helps
PaulusIgnored
DislikedIt is quite obvious that only thing the system needs is some tool to estimate the momentum or/and volatility. Take trades only if market is alive and that's it.Ignored
DislikedHi Indrek
I know you are a fan of using ADR for this
On the five minute chart I usually just use the default setting 5 and 25
Do you recommend something different?
KeithIgnored
DislikedIt is matter of taste. I use 6 and 1440 - last 30 minutes versus one week.Ignored
DislikedGleneagles had a very good post about using ADR quite some time back on this thread: http://www.forexfactory.com/showpost...postcount=3403Ignored