Disliked{quote} Thanks man. I will just manage with what I got. Will your template and indicators work in MT5. I have been informed that MT5 is faster than MT4. Anybody know about this???Ignored
(binned per thread starter's request) Beat The Market strategy
- #303
- Aug 8, 2019 10:41am Aug 8, 2019 10:41am
funny market today... gap,long shadow up and down on eurusd gbpusd gbpcad... something going on the world that we dont know?
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
- #311
- Edited 1:20pm Aug 8, 2019 11:34am | Edited 1:20pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
EUR/USD BUY. What would be the correct SL and TP here?
Stop loss at the first green dotted line S1[0] and TP at the red dotted line at R1[0] or what?
What about the trend condition (outer bands). Both the upper and down band with steps up, so this could be considered as a valid uptrend condition? To me right now it more looks like price is in a range.
UPDATE (now you have a SELL signal...)
Stop loss at the first green dotted line S1[0] and TP at the red dotted line at R1[0] or what?
What about the trend condition (outer bands). Both the upper and down band with steps up, so this could be considered as a valid uptrend condition? To me right now it more looks like price is in a range.
UPDATE (now you have a SELL signal...)
- #315
- Aug 8, 2019 12:05pm Aug 8, 2019 12:05pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
Buy On GBPUSD?
I am still not sure for how long the trend indicator (yellow outer bands) has to be in the right condition before we enter? For e.g in this particular example looking back at the complete left side of the M15 chart for sure everyone can see price is moving more down than stepping upwards.
However lets say if the yellow outer bands now changing condition to sideways/upwards i guess before getting a new BUY signal most of the move would be already over, so i wonder how to manage this to enter A) fast as possible B) where trend is in right condition and C) without price already moved near the take profit target.
Its a bit confusing to me. Some screen records in video format would help showing what to do once we get a signal in real time/present. That would be awesome, without having all the past price action visible to the left of an chart (as we do not trade history).
