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  • #781
  • Aug 19, 2019 2:18pm Aug 19, 2019 2:18pm
Quoting DrDave
{quote} Great! You know one way to use multiple timeframes. Many years ago in the Extreme TMA thread, I made a posting that went something like this, "I learned that before crossing the street, look to the left because cars nearby might be coming. So I always looked to the left . But one day when I was halfway across, I was run over by a bus that came from the right. Since then, I look BOTH ways before I step off the curb." Maybe that will help you a bit.
Look left, look right, but don't forget to look up and/or within...

Quoting Aia8888
{quote} Great ! Can you share your system or open a thread to show it ?
You should be in this thread to learn this system...not jump from one to another. IMHO

Quoting ezmonyfx
let the mans system come to you and master it. {image}
Best advice
Invest in Life
  • #782
  • Aug 19, 2019 2:25pm Aug 19, 2019 2:25pm
Quoting Legge
Hello! An arrow has appeared on the chart, but there is no notification on the phone. {image}
You did not get a notification because you got a buy arrow on a down trend. It is not a valid entry. You will only get valid entry notifications.
Invest in Life
  • #783
  • Edited 4:10pm Aug 19, 2019 2:28pm | Edited 4:10pm
Quoting handy148
To do anything in life you need the right tools for the job and trading is no exception.
Every trader should study this post before even think of trading. For some of us trading is a career, a business not so for some.

Trade as a business/career get paid as such. Trade as a hobby get paid as a hobby.

Quoting MasterNed
{quote} We shall see. The BTM's strategy shows potential. What I don't like is that we depend on several unknown indicators. Let's say that strategy proves to be profitable and we all start to make money. Then all of a sudden, MT4 can add some update or so and these indicators may not be compatible with this new version. Since we don't have mql4 files, we can all kneel down and beg BTM to re-code the indicators so that we can continue trading. But, what if he is not around anymore (he starts some new business and doesn't have time to hang around...
That is why we all need to learn to trade...especially without indicators. They should be used to guide us, not to trade with. Study the charts and where the valid entry arrows are at so that you can train your eyes to see the setups. Study the Market Structure, Break of Market Structure, patterns anything that will repeat itself, so when you see it again you will know there is a probability of a good entry setup. IMHO

Apologies for the many posts...on vacation and do not have time to check laptop that often. Currently on GA long and EG short.
Invest in Life
  • #784
  • Aug 19, 2019 2:41pm Aug 19, 2019 2:41pm
Quoting Mundo
That is why we all need to learn to trade...especially without indicators. They should be used to guide us, not to trade with. Study the charts and where the valid entry arrows are at so that you can train your eyes to see the setups. Study the Market Structure, Break of Market Structure, patterns anything that will repeat itself, so when you see it again you will know there is a probability of a good entry setup. IMHO
You are right. I am currently trading live another system completely based on price action and, except for few MAs, without any indicators. I stumbled upon this thread and thought that it was interesting so I am testing it on demo...
  • #785
  • Aug 19, 2019 2:45pm Aug 19, 2019 2:45pm
Just to share my experiences with MT4 speed optimization that was required because this strategy with all these indicators included made my server much more busy than usual and resulted in permanent frozen MT4.

I set up now a new VPS for this MT4 installation only (a small version with 4 GB RAM and 2 Intel 2.8 GHz CPUs).

I followed the recommendation on various websites for MT4 optimization:
- Limit max candles in history to 2000
- Limit max candles in chart to 2000
- Reduced all pairs in market watch to only the 28 pairs I have open as charts
- Deleted all history files for this installation
- Disabled push notification
- Disabled email notification

Result: it’s better now, changing from one pair to another or clicking on graphic element or so takes just a bit longer than expected but ok. Sometimes MT4 stays frozen for a while after the notification windows open.

Hope that gives ideas to others with similar problems.
  • #786
  • Aug 19, 2019 3:01pm Aug 19, 2019 3:01pm
Quoting Mundo
{quote} You did not get a notification because you got a buy arrow on a down trend. It is not a valid entry. You will only get valid entry notifications.
I thought that notifications come from ALL arrows, and trader, having received the notification, chooses to take a deal or not ...
Notifications really come only from trend arrows? Sorry for my English.
  • #787
  • Aug 19, 2019 3:24pm Aug 19, 2019 3:24pm
Quoting Mundo
That is why we all need to learn to trade...especially without indicators. They should be used to guide us, not to trade with. Study the charts and where the valid entry arrows are at so that you can train your eyes to see the setups.
That is your opinion. I say use LAGGING indicators along with proper timeframes to enter with extremely high probability of entering in the correct direction and being early in the trend.
Quote
Study the Market Structure, Break of Market Structure, patterns anything that will repeat itself, so when you see it again you will know there is a probability of a good entry setup.
That is one of the most important aspects. Prices move as a result of collective human emotions and belief. Very similar situations occur over-and-over that result in the same collective action repeated.
To free Gazans of Hamas, use whatever it takes.
  • #788
  • Aug 19, 2019 3:25pm Aug 19, 2019 3:25pm
Quoting Maddin
Just to share my experiences with MT4 speed optimization that was required because this strategy with all these indicators included made my server much more busy than usual and resulted in permanent frozen MT4. I set up now a new VPS for this MT4 installation only (a small version with 4 GB RAM and 2 Intel 2.8 GHz CPUs). I followed the recommendation on various websites for MT4 optimization: - Limit max candles in history to 2000 - Limit max candles in chart to 2000 - Reduced all pairs in market watch to only the 28 pairs I have open as charts -...
can only recommend you put another pc, that's no fun
  • #789
  • Aug 19, 2019 4:16pm Aug 19, 2019 4:16pm
Quoting DrDave
{quote} That is your opinion. I say use LAGGING indicators along with proper timeframes to enter with extremely high probability of entering in the correct direction and being early in the trend.
That is your opinion.
Invest in Life
  • #790
  • Aug 19, 2019 4:32pm Aug 19, 2019 4:32pm
GBPNZD out at BE

GBPAUD still running... I'll see in the morning whether it will hit BE or TP.

I am off to sleep.
  • #791
  • Aug 19, 2019 4:34pm Aug 19, 2019 4:34pm
Quoting MasterNed
{quote} We shall see. The BTM's strategy shows potential. What I don't like is that we depend on several unknown indicators. Let's say that strategy proves to be profitable and we all start to make money. Then all of a sudden, MT4 can add some update or so and these indicators may not be compatible with this new version. Since we don't have mql4 files, we can all kneel down and beg BTM to re-code the indicators so that we can continue trading. But, what if he is not around anymore (he starts some new business and doesn't have time to hang around...
Your words stimulated me.

According to the old article,BTM said he doesn't intend to share the code.

Previously, a man named Cindy Cat described it as an arrow using pivot indications.

Based on the TMA CG set distributed by the person and the trend toward the band's tilt, we expect to make a good profit.
  • #792
  • Aug 19, 2019 9:38pm Aug 19, 2019 9:38pm
I'm really impress with the calculations of the levels they are spot on. This way you can have confidence staying in the trade maybe set it a few pips shy of the levels printed
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  • #793
  • Aug 19, 2019 10:46pm Aug 19, 2019 10:46pm
without signal perfect return

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  • #794
  • Aug 20, 2019 12:04am Aug 20, 2019 12:04am
Anyone take the signal on GBPUSD?
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  • #795
  • Edited 12:40am Aug 20, 2019 12:25am | Edited 12:40am
Quoting 00PIP
Anyone take the signal on GBPUSD? {image}
I drew trendline from previous HL. Price might bounce there then go up.

EDIT: Attached image. Let's see if it's a good one.
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  • #796
  • Aug 20, 2019 1:41am Aug 20, 2019 1:41am
Cad/chf pending order
buy stop
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  • #797
  • Aug 20, 2019 2:06am Aug 20, 2019 2:06am
Quoting GPipz
{quote} I drew trendline from previous HL. Price might bounce there then go up. EDIT: Attached image. Let's see if it's a good one. {image}
Nope. Not good.
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  • #798
  • Aug 20, 2019 2:12am Aug 20, 2019 2:12am
Hi all, I am new to the Forex Forum and I wanted to do a new post regarding an indicator I have / Found..

It is Trendline based I do not want to post it on here as it is not my thread - If I am allowed from the person whom, is in control with this thread let me know If I am allowed to post the indictor on here.

Many thanks
  • #799
  • Aug 20, 2019 2:24am Aug 20, 2019 2:24am
Quoting GPipz
{quote} Nope. Not good. {image}
Went down hard and fast.
  • #800
  • Aug 20, 2019 2:48am Aug 20, 2019 2:48am
Quoting 00PIP
{quote} Went down hard and fast.
Correct.

Watching on NZDCAD now. Added indicators that you can also find online. I'm testing if it's a good one.
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