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  • #81
  • Aug 6, 2019 3:49am Aug 6, 2019 3:49am
Quoting alhalawi
just thought if we good do a EA which reads the signal that appears on M15 and in this way you get an alert to help you not sit on the screen all day looking for potential trades just a signal when an arrow appears it will be great
i will make a dashboard to check all pairs and alert automatically.
  • #82
  • Aug 6, 2019 3:50am Aug 6, 2019 3:50am
Quoting alhalawi
Do you always look at H4 to see the main trend and u can only trade based on M15 trend ?
i won't check H4 because trend indicator catches the trend from H4 so i dont need to check myself,just M15 for signals .
  • #83
  • Aug 6, 2019 3:53am Aug 6, 2019 3:53am
Quoting BTM
{quote} i won't check H4 because trend indicator catches the trend from H4 so i dont need to check myself,just M15 for signals .
Great
  • #84
  • Aug 6, 2019 3:53am Aug 6, 2019 3:53am
Quoting alhalawi
Buy XAUUSD good potential trade {image}
very good. remember put sl and use money management and when tp1 hit,make risk free to reach tp2 .
  • #85
  • Aug 6, 2019 3:59am Aug 6, 2019 3:59am
Hi BTM,

Your channel repaint, I don't know how you can't see it. many hours later, he can show an UP chanel for an arrow, or when I take a note BEFORE that, the channel is down. So It repaint.

You can't use it for backtesting with accuracy. Maybe it's usefull for live, but with a repainting indicator, I have serious doubt...
  • #86
  • Aug 6, 2019 4:03am Aug 6, 2019 4:03am
For example, Actualy, the price move the segment from the 4 august. Nobody see that on the GBP USD pair ?
  • #87
  • Aug 6, 2019 4:16am Aug 6, 2019 4:16am
Liking your system BTM and very recently got a short signal on AUDJPY 15M, have taken the trade in demo.
  • #88
  • Aug 6, 2019 4:30am Aug 6, 2019 4:30am
For AUDJPY

shall we wait for the price to go below baseline ?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 36 KB
  • #89
  • Aug 6, 2019 4:35am Aug 6, 2019 4:35am
Quoting Gregv
Hi BTM, Your channel repaint, I don't know how you can't see it. many hours later, he can show an UP chan
el for an arrow, or when I take a note BEFORE that, the channel is down. So It repaint. You can't use it for backtesting with accuracy. Maybe it's usefull for live, but with a repainting indicator, I have serious doubt...

It based on h4 candles so of course if there is a spike in current h4 candle the bands would have to adjust.
EX BBMA trader focusing on REE code.
  • #90
  • Aug 6, 2019 4:35am Aug 6, 2019 4:35am
Quoting Gregv
Hi BTM, Your channel repaint, I don't know how you can't see it. many hours later, he can show an UP chanel for an arrow, or when I take a note BEFORE that, the channel is down. So It repaint. You can't use it for backtesting with accuracy. Maybe it's usefull for live, but with a repainting indicator, I have serious doubt...
thank you for considering look at trend indicator . as its based on H4 TF and we are in M15,you will see it as a repaint but each H4 candle is 16 M15 candle,so thats why we see it as repaint .
  • #91
  • Aug 6, 2019 4:40am Aug 6, 2019 4:40am
Quoting alhalawi
For AUDJPY shall we wait for the price to go below baseline ? {image}
another good signal,i agree,but the safe mode is when candle pass the base line.so after you are in green pips,make risk free for safe.
you need to remember TIPS1 , as tp1 is far from us and must pass trend indicator,it may hit tp next day .
if you look at back history you will find out what is prefect entry .
  • #92
  • Aug 6, 2019 4:46am Aug 6, 2019 4:46am
Quoting BTM
{quote} thank you for considering look at trend indicator . as its based on H4 TF and we are in M15,you will see it as a repaint but each H4 candle is 16 M15 candle,so thats why we see it as repaint .
The channel indicator repaints not only the last 16 M15 candles == 1 4HR candle. It will repaint many, many candles back. You can see it by just ploting the channel indicator and watching it live. It will take you less than a minute to realize the truth if there are moves at the current moment.
  • #93
  • Aug 6, 2019 4:47am Aug 6, 2019 4:47am
Quoting BTM
{quote} another good signal,i agree,but the safe mode is when candle pass the base line.so after you are in green pips,make risk free for safe. you need to remember TIPS1 , as tp1 is far from us and must pass trend indicator,it may hit tp next day . if you look at back history you will find out what is prefect entry .
to be clearer

we take signal when candle closes below base line and soon as we are in tp w pit SL to BE to be safe
  • #94
  • Aug 6, 2019 4:48am Aug 6, 2019 4:48am
Quoting alhalawi
For AUDJPY shall we wait for the price to go below baseline ? {image}
What exactly happened?
  • #95
  • Aug 6, 2019 5:09am Aug 6, 2019 5:09am
Quoting coloroffeels
{quote} The channel indicator repaints not only the last 16 M15 candles == 1 4HR candle. It will repaint many, many candles back. You can see it by just ploting the channel indicator and watching it live. It will take you less than a minute to realize the truth if there are moves at the current moment.

Yes.. this is exactly what I talking about... I don't speak about 1 candle of H4. You don't know your own indicator BTM ?
  • #96
  • Aug 6, 2019 5:20am Aug 6, 2019 5:20am
I don't know if the channel indicator repaints or not, but the same work can be easily made using fractals.
  • #97
  • Aug 6, 2019 6:02am Aug 6, 2019 6:02am
Quoting Alberto_Jazz
I don't know if the channel indicator repaints or not, but the same work can be easily made using fractals.
yes ,you can combine this system with anything you think make you more profit.I personally determine a trend with trend indicator on the first post but you can use your own too .
  • #98
  • Aug 6, 2019 7:10am Aug 6, 2019 7:10am
GBPCAD today +90 pip

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADbM15.png Size: 26 KB
  • #99
  • Aug 6, 2019 7:13am Aug 6, 2019 7:13am
Hi BTM,
How many steps are needed to confirm a trend?
  • #100
  • Aug 6, 2019 7:18am Aug 6, 2019 7:18am
Quoting timilehin
Hi BTM, How many steps are needed to confirm a trend?
its not by counting, its the shape ,check the first post , it'll help you to clear the confirmed trend .
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