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  • #2,561
  • Sep 21, 2019 2:13pm Sep 21, 2019 2:13pm
how do you apply those uptrend ladders and downtrend ladders on the chart. im new to forex. someone please explain me. im a noob
  • #2,562
  • Sep 21, 2019 2:16pm Sep 21, 2019 2:16pm
Quoting mizi123
Im soory BTM but just 1 explanation about dashbord, (because i see to many misconceptions ppl make these mistake) guys when you download the file open it because inside is another file with same name BTM DASH 1.2 that is the real dashboard see the foto: {image}
thats because you tried open ex4 file with winrar. you can see dashboard suffix is .ex4 .every thing is ok here , the wrong is on your side, not me .
  • #2,563
  • Sep 21, 2019 2:16pm Sep 21, 2019 2:16pm
I have said this many times before, and please..... if you are a rookie..... listen carefully. This will save you a lot of money.

Conclusion: Start trading stocks instead.

Most of you trade with the idea, the trend is your friend. This is pefect an fully functional IF, YOU ARE TRADING STOCKS!

Now.... This is why forex is so hard to be successful in; it doesn't trend enough and you get eaten by the spread if you trade too often.

Some of you (16%) will make this work, but if you trade with daily charts in stocks and a well diversified (5-15) stocks instead you will actually make money because value is beeing made in the company.

Forex is not bullshit but very hard to be successful in because there is value in both countries...
  • #2,564
  • Sep 21, 2019 2:18pm Sep 21, 2019 2:18pm
Quoting adelzadeh
BTM DASH don't work please check indicator code regard
there is nothing wrong with dashboard or indicators.check on your side before posting here .
  • #2,565
  • Sep 21, 2019 2:34pm Sep 21, 2019 2:34pm
Quoting Larseg
I have said this many times before, and please..... if you are a rookie..... listen carefully. This will save you a lot of money. Conclusion: Start trading stocks instead. Most of you trade with the idea, the trend is your friend. This is pefect an fully functional IF, YOU ARE TRADING STOCKS! Now.... This is why forex is so hard to be successful in; it doesn't trend enough and you get eaten by the spread if you trade too often. Some of you (16%) will make this work, but if you trade with daily charts in stocks and a well diversified (5-15) stocks...
i agree with you. stocks trading is easier than forex trading . a little technical + a little fundamental = buy a share . but there are many other reasons to not trade the stock market,for example, if you are living in UK,and you want to buy General Motor share,you need data about this company revenue,... . who knows this data better? the person that lives in the USA . for me GlaxoSmithKline share is familiar than General Motor.
so stocks trading will be limited to the nations but forex is 24/5 worldwide. of course forex is way more complicated than stock,but its not important, human races didn't stop with living in the cave because building an apartment was so hard . we improve our knowledge and conquer future markets that complicated than forex.its all about us,not a market.
  • #2,566
  • Sep 21, 2019 2:36pm Sep 21, 2019 2:36pm
Quoting LivingCovers
{quote} Find out the reason why this trade went against you: I think I'm now understanding this strategy. I started reading this thread from the beginning. {image}
Dashboard won't even send you signal for this setup
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,567
  • Sep 21, 2019 2:41pm Sep 21, 2019 2:41pm
Quoting ejiexe
{quote} Dashboard won't even send you signal for this setup
I don't think so. The BTM dashboard is actually very effective. People just make trading complicated for themselves. BTM mentioned it severally; wait for dashboard to send alert, then verify if it meets the conditions or not and enter or don't enter. Nothing can be simpler than this.
  • #2,568
  • Sep 21, 2019 2:43pm Sep 21, 2019 2:43pm
Please can someone point me in the right direction? How can I place the middle red line in my chart? Which of the A, B, C, D, E, F, or G indicators will I have to edit to make it appear on my chart? Thanks much in advance!
  • #2,569
  • Sep 21, 2019 2:46pm Sep 21, 2019 2:46pm
Quoting LivingCovers
{quote} I don't think so. The BTM dashboard is actually very effective. People just make trading complicated for themselves. BTM mentioned it severally; wait for dashboard to send alert, then verify if it meets the conditions or not and enter or don't enter. Nothing can be simpler than this.
It seems you don't understand my point. The trend is not clearly down on the setup you were showing on that chart hence the dashboard wouldn't have alerted you. Dashboard only give signal for clearly define trend and that is why it is recommended that you should use dashboard for the alert and not the original template. The original template give alert for every arrow.
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #2,570
  • Sep 21, 2019 2:52pm Sep 21, 2019 2:52pm
Quoting mizi123
Im soory BTM but just 1 explanation about dashbord, (because i see to many misconceptions ppl make these mistake) guys when you download the file open it because inside is another file with same name BTM DASH 1.2 that is the real dashboard see the foto: {image}
Hi Mizi,
I am one of the people having the problem with the RAR file ext. that is in post 1. When I attempt to use it it is just saying windows does not recognize this file.
Do you know how to get around this??? Also the files A to f that were there earlier seem to be gone??? Are they consolidated or something. Appreciate any help with this.
Brian.
  • #2,571
  • Sep 21, 2019 2:54pm Sep 21, 2019 2:54pm
Quoting DrDave
{quote} That is TOO SIMPLE! NO one can possibly trade such a SIMPLE system! It MUST be much more complex. Let's add more indicators and change the rules and make it REALLY COMPLICATED, and THEN we can all be happy, even though we would all lose money.
  • #2,572
  • Sep 21, 2019 2:55pm Sep 21, 2019 2:55pm
Quoting LivingCovers
Please can someone point me in the right direction? How can I place the middle red line in my chart? Which of the A, B, C, D, E, F, or G indicators will I have to edit to make it appear on my chart? Thanks much in advance!
all horizontal lines in the template come from one indicator . find out by trial deleting. as soon you find it you can replace it with a pivot indicator of your choice. make sure it can calculate pivots on 4h basis. TZPivots is an example of good alternative.
  • #2,573
  • Sep 21, 2019 2:59pm Sep 21, 2019 2:59pm
Quoting Brian214
{quote} Hi Mizi, I am one of the people having the problem with the RAR file ext. that is in post 1n.
my god Brian, get a 7zip and unpack rar with it.
  • #2,574
  • Sep 21, 2019 3:00pm Sep 21, 2019 3:00pm
Quoting ejiexe
{quote} It seems you don't understand my point. The trend is not clearly down on the setup you were showing on that chart hence the dashboard wouldn't have alerted you. Dashboard only give signal for clearly define trend and that is why it is recommended that you should use dashboard for the alert and not the original template. The original template give alert for every arrow.
I understand your point clearly. We're both saying the same thing here as I completely agree with you, bruh!
  • #2,575
  • Sep 21, 2019 3:13pm Sep 21, 2019 3:13pm
Quoting BTM
{quote} thats because you tried open ex4 file with winrar. you can see dashboard suffix is .ex4 .every thing is ok here , the wrong is on your side, not me .
Yes bro never mind i don't blame you, you are right problem was with me, because i have fixed the problem i have tryed to expain to others... have a good weekend!
  • #2,576
  • Sep 21, 2019 3:14pm Sep 21, 2019 3:14pm
Quoting LivingCovers
Please can someone point me in the right direction? How can I place the middle red line in my chart? Which of the A, B, C, D, E, F, or G indicators will I have to edit to make it appear on my chart? Thanks much in advance!
D --> #0
  • #2,577
  • Sep 21, 2019 5:30pm Sep 21, 2019 5:30pm
Quoting BTM
{quote} +1542 pip for since now. congratulation
May i ask why do you need such large amounts of pips? I would be happy with 20 Pips a week. Do you trade with a $10 dollar account? a 100 Pips a month already would mean a 10-15% to my account. :-) The largest hedge funds probably do a 10-15% p.a at best.
  • #2,578
  • Sep 21, 2019 5:38pm Sep 21, 2019 5:38pm
Quoting BTM
{quote} first of all congratulation to you.im happy to see you are making money.its not important its demo or real.green is green . second, your question is good and my answer is,NO,they can not hit our stop loss,because we wait to banks start their trade,when a wave started,we catch our benefit from them. look here to understand better what we are doing with this strategy : https://www.forexfactory.com/showthread.php?p=12431798#post12431798
Banks enter the market at any time if they see some opportunity. You can't "wait" for them.
  • #2,579
  • Sep 21, 2019 5:49pm Sep 21, 2019 5:49pm
Glad to see you guys all having good results with the strategy. Keep going.
  • #2,580
  • Sep 22, 2019 12:24am Sep 22, 2019 12:24am
Quoting Brian214
{quote} Hi Mizi, I am one of the people having the problem with the RAR file ext. that is in post 1. When I attempt to use it it is just saying windows does not recognize this file. Do you know how to get around this??? Also the files A to f that were there earlier seem to be gone??? Are they consolidated or something. Appreciate any help with this. Brian.
I couldn't open the two winrar files in page 1. After some requests, it must be opened using 7zip or some applications don't recognize it.
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