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NIH98 Journal of Whatever

  • #161
  • May 28, 2019 9:46am May 28, 2019 9:46am
Quoting Nih98
{quote} Use demo, try to open 3 random positions in 3 different pairs then practice to use hedges and counter hedges to lock and release your positions with single purpose to ended your account in profit (no matter how much..) by the end of the week. try this several times until you get consistent result every weeks. Then go to real micro account and do the same (with pay attention to firm risk and money management..or course). Regards NIH
I am applying and practicing according to your method. However, the RSI 666 and MA6 are not available for the secondary monitor, instead of the TDI; Currently I am considering the entry point when the price is outside the TMA (point 1.2 according to your previous explanation). Am I following the method correctly? I have not had much experience. Therefore, I really want to learn from You! Sincere thanks!
Attached Image (click to enlarge)
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  • #162
  • May 28, 2019 11:28am May 28, 2019 11:28am
Quoting anhthu049
{quote} I am applying and practicing according to your method. However, the RSI 666 and MA6 are not available for the secondary monitor, instead of the TDI; Currently I am considering the entry point when the price is outside the TMA (point 1.2 according to your previous explanation). Am I following the method correctly? I have not had much experience. Therefore, I really want to learn from You! Sincere thanks! {image}
Hi Bro, You could use TDI as long as you know how to use it in confluence with TMA Bands in main chart. but of course better if you could find out why the standard RSI can't show up in your chart ?

From your example SS, consider the short entry as counter trend trade, because all the TMA mid lines on this 3 screen chart pointing up. So, you should keep watching price action after your entry, and always ready to close your position, if price tend to continue move north or move your SL to break even+1 as soon as possible.

Hope it helps
NIH
Dog + Smile = Beautiful Day
  • #163
  • May 28, 2019 12:23pm May 28, 2019 12:23pm
Quoting Nih98
{quote} Use demo, try to open 3 random positions in 3 different pairs then practice to use hedges and counter hedges to lock and release your positions with single purpose to ended your account in profit (no matter how much..) by the end of the week. try this several times until you get consistent result every weeks. Then go to real micro account and do the same (with pay attention to firm risk and money management..or course). Regards NIH
when you type Hedges i totally get what you are saying but when you typed COUNTER HEDGES then i became lost...
  • #164
  • May 28, 2019 12:37pm May 28, 2019 12:37pm
Quoting Christonly
{quote} when you type Hedges i totally get what you are saying but when you typed COUNTER HEDGES then i became lost...
Bro @Christonly, The purpose of 'Hedge(s)' to protect current profit by opening opposite direction transaction(s) (same instrument or negative correlation instruments). So, you lock current floating profit. In the other hand 'Counter Hedge(s)' to protect current loss by opening opposite direction transaction(s), so your current floating loss not grow bigger. We 'lock' the position(s) until next better market condition in our favor then we could 'release' the 'counter hedge(s)' position(s).

Hope it helps
NIH
Dog + Smile = Beautiful Day
  • #165
  • May 28, 2019 5:17pm May 28, 2019 5:17pm
Quoting Nih98
{quote} Hi Bro @dbdan, do you see any error msg on expert tab ? how about your broker symbols ? (standard or with additional prefix/suffix) regards NIH
Hi Nih98, I figured it out I'm using a private broker through a friends firm (liquidity provider is Bank of America) They changed some of the symbols that what!!! I didn't notice.


What's the idea behind the small wick average slope histogram? Looks useful don't understand its methodology. Just getting back into Forex after years away.
  • #166
  • May 28, 2019 6:58pm May 28, 2019 6:58pm
Quoting Nih98
{quote} Hi Bro, You could use TDI as long as you know how to use it in confluence with TMA Bands in main chart. but of course better if you could find out why the standard RSI can't show up in your chart ? From your example SS, consider the short entry as counter trend trade, because all the TMA mid lines on this 3 screen chart pointing up. So, you should keep watching price action after your entry, and always ready to close your position, if price tend to continue move north or move your SL to break even+1 as soon as possible. Hope it helps NIH...
Thank you for sharing, very useful for me! Just as you say this is a short transaction because TDI is not in line with TMA Bands, the price is going down in a short 80 pips trade. Then reverse to 250 pips. In the near future, I think this is a long-term transaction by TDI 3 charts that are merging with TMA Bands, Expected price will go up again. Is this analysis true? The M15 chart that appeared on the Fractal might say the price will go up?
On the 15 minute chart, I have added 02 MA lines. Can I rely on the cut-off point 02 to track orders and exit orders, together with confluence of TMA Bands and RSI?
Sincere thanks!
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  • #167
  • May 28, 2019 10:52pm May 28, 2019 10:52pm
Quoting anhthu049
{quote} Thank you for sharing, very useful for me! Just as you say this is a short transaction because TDI is not in line with TMA Bands, the price is going down in a short 80 pips trade. Then reverse to 250 pips. In the near future, I think this is a long-term transaction by TDI 3 charts that are merging with TMA Bands, Expected price will go up again. Is this analysis true? The M15 chart that appeared on the Fractal might say the price will go up? On the 15 minute chart, I have added 02 MA lines. Can I rely on the cut-off point 02 to track orders...
Hi Bro, maybe better if you try to load our template, and if there's trouble you could post here the problem to discuss.
I can't discuss your chart(s) if we don't look at same page..

Hopefully You Understand
regards
NIH
Dog + Smile = Beautiful Day
  • #168
  • May 28, 2019 11:16pm May 28, 2019 11:16pm
General Tip n Trick : Load ZIP/RAR Custom Indicator(s) and Template into your MT4 Platform

Only if you don't know how to do..

 

  1. After you download ZIP or RAR file(s) from Post 1 to your specific/temporary folder (me : FF Tools folder) you should successfully UnRAR or UnZIP to sub folder with content like this;
    Attached Image (click to enlarge)
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  2. Then open sub folder MQL4 - Indicators
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    Click to Enlarge Name: Screenshot2.png Size: 18 KB


    select and copy all indicators there.
  3. Open your MT4 Platform, then open Menu File/Open Data Folder
    Attached Image


    then open this Folder
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    Click to Enlarge Name: Screenshot4.png Size: 27 KB


    Select Indicators folder
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  4. Then Paste your copied customs indicators.
  5. Next, back to your unzip temporary folder, go to templates folder and copy the template file
  6. Back to your MT4 platform File/Open Data Folder, go to templates folder, open it and paste the template file there
    Attached Image (click to enlarge)
    Click to Enlarge Name: Screenshot6.png Size: 27 KB
  7. Copy Paste work done, Restart your MT4 Platform, then try open new plain pair chart, right click on it, select template from pop up menu and select the template name.
    Attached Image
  8. Thats all and hope it helps/work.

NIH

Dog + Smile = Beautiful Day
  • #169
  • May 29, 2019 12:19am May 29, 2019 12:19am
Quoting Nih98
General Tip n Trick : Load ZIP/RAR Custom Indicator(s) and Template into your MT4 Platform Only if you don't know how to do.. After you download ZIP or RAR file(s) from Post 1 to your specific/temporary folder (me : FF Tools folder) you should successfully UnRAR or UnZIP to sub folder with content like this; {image} Then open sub folder MQL4 - Indicators {image} select and copy all indicators there. Open your MT4 Platform, then open Menu File/Open Data Folder {image} then open this Folder {image} Select Indicators folder {image} Then Paste your...
Thank you for sharing how to install. Actually, I just want to remove some indicators to look more convenient and wide. I need you to show me the RSI 666 -> MA 6 -> MA 66. I look on the same topic no.
At the moment I look at my settings it kilos are beautiful because there is no space to put in the template.
Attached Image (click to enlarge)
Click to Enlarge Name: F6.png Size: 277 KB
  • #170
  • May 29, 2019 12:35am May 29, 2019 12:35am
Quoting Nih98
{quote} Hi Bro, maybe better if you try to load our template, and if there's trouble you could post here the problem to discuss. I can't discuss your chart(s) if we don't look at same page.. Hopefully You Understand regards NIH
Looking at the chart above, I see RSI H1, M30 tend to go up and merge with TMA Bands (upward direction). Looking at the M15 is similar, I predict the price will go up, I have placed Buy order. I think your tutorials explain, the entry point is 5.7 (go up); point 6 (go down). and I think this is a long way up. Have I analyzed it in the right way? If there is anything that is not right, not yet analyzed, we hope you share your analysis experience
Sincere thanks!
Attached Image (click to enlarge)
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  • #171
  • May 29, 2019 12:48am May 29, 2019 12:48am
Quoting anhthu049
{quote} Thank you for sharing how to install. Actually, I just want to remove some indicators to look more convenient and wide. I need you to show me the RSI 666 -> MA 6 -> MA 66. I look on the same topic no. At the moment I look at my settings it kilos are beautiful because there is no space to put in the template. {image}
Hi Bro, you could try to create 'Layout/Profile" Like this to get 'better visual view'

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF M15-M30-H1 Layout example.png Size: 193 KB


You Could delete market time indicator on the 2nd and 3rd charts (we need only 1 market time). then you could set Symbol changer Indi for 2nd and 3rd charts with example setting like this

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 113 KB


Hope it helps
NIH
Dog + Smile = Beautiful Day
  • #172
  • Edited 1:58am May 29, 2019 1:01am | Edited 1:58am
And... the 3 charts 'layout/profile' not only use as top down TF Chart analysis, but could also use as 3 pairs correlation analysis.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 227 KB


NIH

PS. After you satisfied with the charts 'layout' then you could save it as profile using menu : File/Profiles/Save As..
Dog + Smile = Beautiful Day
  • #173
  • May 29, 2019 1:16am May 29, 2019 1:16am
Quoting Nih98
{quote} Hi Bro, you could try to create 'Layout/Profile" Like this to get 'better visual view' {image} You Could delete market time indicator on the 2nd and 3rd charts (we need only 1 market time). then you could set Symbol changer Indi for 2nd and 3rd charts with example setting like this {image} Hope it helps NIH
I will set up according to your instructions! thank you very much!
I will set up according to your instructions! thank you very much!
  • #174
  • May 29, 2019 2:40am May 29, 2019 2:40am
Quoting Nih98
General Tip n Trick : Load ZIP/RAR Custom Indicator(s) and Template into your MT4 Platform Only if you don't know how to do.. After you download ZIP or RAR file(s) from Post 1 to your specific/temporary folder (me : FF Tools folder) you should successfully UnRAR or UnZIP to sub folder with content like this; {image} Then open sub folder MQL4 - Indicators {image} select and copy all indicators there. Open your MT4 Platform, then open Menu File/Open Data Folder {image} then open this Folder {image} Select Indicators folder {image} Then Paste your...
LOL NIH... Damn your are so kind! I think that post was made by your dog to whom you teach. LOL If i think i little more maybe NIH98 is actually a dog account - this explain dog pictures!

Ahh it is clear now. This is why NIH is SO kind. Definitely a dog account!
  • #175
  • Edited 3:10am May 29, 2019 2:50am | Edited 3:10am
Quoting Weyk
{quote} LOL NIH... Damn your are so kind! I think that post was made by your dog to whom you teach. LOL If i think i little more maybe NIH98 is actually a dog account - this explain dog pictures! Ahh it is clear now. This is why NIH is SO kind. Definitely a dog account!
Woof..!! Woof..!!

Inserted Video


NIH
Dog + Smile = Beautiful Day
  • #176
  • May 29, 2019 3:35am May 29, 2019 3:35am
Quoting Nih98
{quote} Hi Bro, maybe better if you try to load our template, and if there's trouble you could post here the problem to discuss. I can't discuss your chart(s) if we don't look at same page.. Hopefully You Understand regards NIH
have installed TF analysis according to your instructions. I tried TF analysis: H1 - M30 - M15 1. Look at the chart we see: the direction of MA 66 (pink) of RSI and TMA Bands (pink) of H1, M30, M15 tends to go up to (1) 2. The price is outside the TMA Banbs range, which tends to go from above to down (2) Therefore, this is a short entry because (2) and (1) are opposite. Predict the price going down a bit, then continue to turn up. Conclusion: Sell orders should not be placed. Hope you give me your analysis.
Attached Image (click to enlarge)
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  • #177
  • May 29, 2019 4:00am May 29, 2019 4:00am
Quoting anhthu049
{quote} have installed TF analysis according to your instructions. I tried TF analysis: H1 - M30 - M15 1. Look at the chart we see: the direction of MA 66 (pink) of RSI and TMA Bands (pink) of H1, M30, M15 tends to go up to (1) 2. The price is outside the TMA Banbs range, which tends to go from above to down (2) Therefore, this is a short entry because (2) and (1) are opposite. Predict the price going down a bit, then continue to turn up. Conclusion: Sell orders should not be placed. Hope you give me your analysis. {image}
Yup, Better go Long follow the Salmons...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 544 KB

NIH
Dog + Smile = Beautiful Day
  • #178
  • May 29, 2019 4:08am May 29, 2019 4:08am
Quoting Nih98
{quote} Yup, Better go Long follow the Salmons... {image} NIH
Thank you, I will execute the transaction in the direction of Salmons.
  • #179
  • May 29, 2019 5:00am May 29, 2019 5:00am
Nih98
Trading from the outside of the Band back to the centre line seems very interesting
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  • #180
  • May 29, 2019 5:10am May 29, 2019 5:10am
Quoting OAPDave
Nih98 Trading from the outside of the Band back to the centre line seems very interesting {image}
Yup, that one of 'the way' with the distribution risk 'ratio' base on current bias.

Many call the mid line of TMA as 'equilibrium' or 'median' or 'magnet' or 'rubber band' or 'river' or 'fair value' or 'herd pool' or whatever..

But maybe I prefer to called it 'river' , the analogy is, when creatures go too far from river they will thirsty and tend to comeback to the river to get water, and when they already get enough water, they will confidence enough to go away again, the faster they go (momentum) the faster too they will get thirsty again (exhausted).

NIH
Dog + Smile = Beautiful Day
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