questo è il mio modello
Attached File(s)
Start Winning V2 H4.tpl
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New Indicators.zip
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What does it mean to trade with the trend - Define trend? 47 replies
Multis-trend trade EA for scalp on short trend 27 replies
Looking for indicator: alert when current price equal high/low of current bar 26 replies
"Trend" , how do you actually trace the current trend ? 23 replies
What indicator can best reflects a pair's current trend 11 replies
DislikedI am sure that my use of the LTF MA lights and RSI Lights has probably surprised some people, but I think the LTF trend can be also just as important as the HTF trend. One of the biggest mistakes traders can make is jumping in too soon so why not also keep an eye on the LTF trend. When the LTF trend matches the HTF and we get a signal on the current time frame (CTF) then we have a nice situation - HTF, LTF and CTF all in agreeance. Surely this gives us the best chance of success? I am going to change my LTF lights to M5 or M1 for all TF templates....Ignored
Disliked{quote} Hi Wizlon, I just want to confirm something on the MA/RSI lights settings so it is clear for me so I can set up my templates and trade accordingly. If the current time frame is H4 - TFs on the lights would be D1 (HTF) and M1/M5 (LTF) If the current time frame is H1 - TFs on the lights would be H4 (HTF) and M1/M5 (LTF) If the current time frame is M15 - TFs on the lights would be H1 HTF) and M1/M5 (LTF) And in all cases the MAs (34 above/below 55) on the current time frame should be in the same direction as the HTF. Is that all correct? Do...Ignored
DislikedI want to repeat a point that I made early on in the thread and that is that the moving averages on the chart give very similar information to 14 period RSI (or a moving average of it). When the 14 RSI is above 50, there there is a good chance that the MAs are also bullish. And when the 14 RSI is below 50 there is a good chance that the MAs are also bearish. My personal preference is to use the 34 x 55 EMA combination before the 14 RSI to determine the trend. Perhaps your preference is to use the 14 RSI; my point is that you do not need to get too...Ignored
Disliked{quote} Totally agree Wislon32. I agree that the information they provide is comparable; I also agree that each Trader ought to be comfortable with their final Template. Thought I would share, as well, that I use use the Smoothed MA of the 14 RSI for exits. I may exit my Trade as soon as the 50 level is broken by this indicator on a specified Time-frame (not necessarily on the chart of my entry). If I am trading the LONG on the M5 for example, I might (not always) exit when "RSI_14" breaks below the 50 level. It's slightly faster than the MA Cross...Ignored
Disliked{quote} Nice idea mate. Check this out.....Ignore the 55 EMA for a minute and see how price interacts with the 34EMA on any TF. Notice at the same time how the 14 RSI is interacting with the 50 level. The smoothed MA can make a difference and could be worth experimenting with further.Ignored
Disliked{quote} You are right, my LTF RSI an MA Lights will be either M1 or M5. I believe anything higher is too slow because the purpose of the LTF lights is to indicate the immediate price direction. Please bear in mind that I am experimenting and trying to refine things to get the best template with clear and workable information displayed that I can act upon. You are also right that the 34 x 55 EMAs on the current TF should tell the same story as the same MA combination on the HTF. Remember we are tring to trade in line with the HTF. The safest way...Ignored
Disliked{quote} Hi Wizlon, Thanks for your explanation, it all helps to make things clearer. Taking EU from yesterday as an example - if on a H4 TF I had waited for a 3 RSI crossing 50 and for the candle to close before entering, we would be talking about entering when the big down candle had completed. If that was the case I would still be waiting now for the trade to be in positive territory. On the other hand if I'd waited for the 3 RSI to cross 50 on the H4 and as soon as it did so (i.e. not waited for the H4 candle to close) then used the first available...Ignored
Dislikednext trades based on the rejection of the H1 chart on US. {image} {image}Ignored