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Looking for simple arrow indicator 0 replies

lets develop a system which is very very simple but effective. 7 replies

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A very simple system - trade with arrow

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  • Post #6,321
  • Quote
  • Jan 25, 2020 7:48am Jan 25, 2020 7:48am
  •  forexdg
  • | Joined Nov 2018 | Status: Member | 294 Posts
Quoting Simply-Me
Disliked
{quote} Forexdg, I'm pretty sure, that you you are using MT4 indicator in MT5 a that's what mess up with your template. Download MT4 open even demo account and you'll see.
Ignored
thank you simply-me
its mt4 not mt5
someone advised to save everything and reinstal
I will try this
 
 
  • Post #6,322
  • Quote
  • Jan 25, 2020 7:57am Jan 25, 2020 7:57am
  •  forexdg
  • | Joined Nov 2018 | Status: Member | 294 Posts
Quoting pips29
Disliked
{quote} Here is what I have to say in hindsight. First, I think you did not read the first post and understand the method I trade. FG , the thread owner laid out the method on behalf of me as I'm hopeless with technical issues related to the computer and over the year or two, I have simplify the method so that you need not have to overthink and get yourself in a maze..Please read what is written on the larger picture trend...and trade in the direction and you will have entered your trade correctly from the start,i.e you are correct until proven...
Ignored
thank you pips29
I was doing wrong because I looked at m15 and h4 instead of h1 and h4
eurgbp h4 didnt had bullish shadow but I got trigger happy becaus m15 shadow was bullish and h4 had hammer bar
I will pay atention of h1 and h4 from now and pivots
have a good week end
 
 
  • Post #6,323
  • Quote
  • Jan 25, 2020 8:12am Jan 25, 2020 8:12am
  •  normannasty
  • | Joined Jan 2020 | Status: Member | 8 Posts
pips29

What is what makes green or grey between the 34 and the 10 ema?
 
 
  • Post #6,324
  • Quote
  • Jan 25, 2020 9:45am Jan 25, 2020 9:45am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
Quoting normannasty
Disliked
pips29 What is what makes green or grey between the 34 and the 10 ema?
Ignored
norman, it's an indicator called ma ribbon..you just need to click on my avatar and my files to look for the indicators I am using
the cautious seldom err....C
 
 
  • Post #6,325
  • Quote
  • Jan 25, 2020 9:59am Jan 25, 2020 9:59am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
I was just looking at some charts and my findings are: audcad,audjpy,audusd ,eurcad,eurnazd,eurjpy are bearish on htf like H1/H4/daily...and when I get a nice set up on M5/M15 to the downside I will take the trade..there may be more pairs but just looking at 6 would be enough to make you some pips...just concentrate on a few pairs and trade then regularly until you get "sick" with them..
the cautious seldom err....C
 
 
  • Post #6,326
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  • Jan 25, 2020 11:16am Jan 25, 2020 11:16am
  •  normannasty
  • | Joined Jan 2020 | Status: Member | 8 Posts
Quoting pips29
Disliked
{quote} norman, it's an indicator called ma ribbon..you just need to click on my avatar and my files to look for the indicators I am using
Ignored
yeah. But if i download the ma ribbon its totally different for me.
 
 
  • Post #6,327
  • Quote
  • Jan 25, 2020 2:37pm Jan 25, 2020 2:37pm
  •  Simply-Me
  • Joined Oct 2017 | Status: Member | 595 Posts
Quoting pips29
Disliked
I was just looking at some charts and my findings are: audcad,audjpy,audusd ,eurcad,eurnazd,eurjpy are bearish on htf like H1/H4/daily...and when I get a nice set up on M5/M15 to the downside I will take the trade..there may be more pairs but just looking at 6 would be enough to make you some pips...just concentrate on a few pairs and trade then regularly until you get "sick" with them..
Ignored
Precisely,I wouldn't say it better.
I always look at 1HR and 4HR candle before I enter 5M signal.DO NOT enter 5M signal,just because they appear. There are lots of fake signals. Always confirm on higher TF. Look for PA,S&R levels and 200 ema. If they are around price on higher TF,just don't risk.
I try not to enter trade on the end of 1 HR candle.I wait for new one,check size and PA old one,her wick etc etc.
If 1HR candel ended wit wick I usually wait few minutes on 1M TF to see.how new candle is developing before I enter.Only if 1HT candle close without wick it's very good chance,that next will continue without pullback and I enter right away.
Just study 1HR candles,how they act and react then drop to 5M and wait for signal and enter.Always in day candle color. That''s the reason I gave TMT Daily candle indicator on my charts.
Personally I don't trade pullbacks.but I rather wait for them to finish and then I enter main trend.
Whether you think you can, or you think you can't,you're right. H.F.
 
 
  • Post #6,328
  • Quote
  • Jan 26, 2020 1:54pm Jan 26, 2020 1:54pm
  •  forexdg
  • | Joined Nov 2018 | Status: Member | 294 Posts
Quoting pips29
Disliked
I was just looking at some charts and my findings are: audcad,audjpy,audusd ,eurcad,eurnazd,eurjpy are bearish on htf like H1/H4/daily...and when I get a nice set up on M5/M15 to the downside I will take the trade..there may be more pairs but just looking at 6 would be enough to make you some pips...just concentrate on a few pairs and trade then regularly until you get "sick" with them..
Ignored
hi pips29
finaly I made possible white foreground and Im very happy
if I can know how to understand trend in higher time frame I will be the happiest person for ever, but every time I get this wrong and maybe you can help me understand my mistake
I looked at pairs you talk about and its something I dont understand
I use example of audcad where you say daily and h4 its downtrend
second arow on daily chart its higherlow and doesnt this means uptrend?
Attached Image (click to enlarge)
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Name: AUDCADDaily.jpg
Size: 370 KB

and shadow in h4 its no cross and I thought from post 1 we look at 10ema<34ema for sell
Attached Image (click to enlarge)
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Name: AUDCADH4.png
Size: 78 KB
 
 
  • Post #6,329
  • Quote
  • Jan 26, 2020 6:04pm Jan 26, 2020 6:04pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
Quoting normannasty
Disliked
{quote} yeah. But if i download the ma ribbon its totally different for me.
Ignored
Please post a chart in order for me to see what's different.
the cautious seldom err....C
 
 
  • Post #6,330
  • Quote
  • Jan 26, 2020 6:05pm Jan 26, 2020 6:05pm
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
Quoting forexdg
Disliked
{quote} hi pips29 finaly I made possible white foreground and Im very happy if I can know how to understand trend in higher time frame I will be the happiest person for ever, but every time I get this wrong and maybe you can help me understand my mistake I looked at pairs you talk about and its something I dont understand I use example of audcad where you say daily and h4 its downtrend second arow on daily chart its higherlow and doesnt this means uptrend? {image} and shadow in h4 its no cross and I thought from post 1 we look at 10ema<34ema for...
Ignored
Are you sure it hasn't cross yet?
the cautious seldom err....C
 
 
  • Post #6,331
  • Quote
  • Jan 26, 2020 11:57pm Jan 26, 2020 11:57pm
  •  Iniezta
  • | Joined Mar 2017 | Status: Member | 107 Posts
Quoting Simply-Me
Disliked
{quote} Precisely,I wouldn't say it better. I always look at 1HR and 4HR candle before I enter 5M signal.DO NOT enter 5M signal,just because they appear. There are lots of fake signals. Always confirm on higher TF. Look for PA,S&R levels and 200 ema. If they are around price on higher TF,just don't risk. I try not to enter trade on the end of 1 HR candle.I wait for new one,check size and PA old one,her wick etc etc. If 1HR candel ended wit wick I usually wait few minutes on 1M TF to see.how new candle is developing before I enter.Only...
Ignored
Hi,

Sorry for just asking. is there any picture to analyze on higher TF before go to small TF? sorry I can't found the example on previous posting in here.

regards,
Iniezta
 
 
  • Post #6,332
  • Quote
  • Jan 27, 2020 1:04am Jan 27, 2020 1:04am
  •  Simply-Me
  • Joined Oct 2017 | Status: Member | 595 Posts
Quoting Iniezta
Disliked
{quote} Hi, Sorry for just asking. is there any picture to analyze on higher TF before go to small TF? sorry I can't found the example on previous posting in here. regards, Iniezta
Ignored
I'm sure there is,I just don't know what 'picture to post for you, but candles look same on every time frame.I just wrote,what I do.before I choose to enter trade.
Whether you think you can, or you think you can't,you're right. H.F.
 
 
  • Post #6,333
  • Quote
  • Jan 27, 2020 3:46am Jan 27, 2020 3:46am
  •  forexdg
  • | Joined Nov 2018 | Status: Member | 294 Posts
Quoting pips29
Disliked
{quote} Are you sure it hasn't cross yet?
Ignored
now I see, you anticipated cross at new bar
you can reply to my other quesiton with picture on daily with arows please? I need help with that
 
 
  • Post #6,334
  • Quote
  • Jan 27, 2020 4:09am Jan 27, 2020 4:09am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
Quoting forexdg
Disliked
{quote} now I see, you anticipated cross at new bar you can reply to my other quesiton with picture on daily with arows please? I need help with that
Ignored
Nope I did not. Please look carefully .The same applies to the chart with arrows. I will look at charts after my breakfast shorty
the cautious seldom err....C
 
 
  • Post #6,335
  • Quote
  • Jan 27, 2020 4:28am Jan 27, 2020 4:28am
  •  Simply-Me
  • Joined Oct 2017 | Status: Member | 595 Posts
Quoting pips29
Disliked
{quote} Nope I did not. Please look carefully .The same applies to the chart with arrows. I will look at charts after my breakfast shorty
Ignored
Guys just for motivation 2 trades today on 5 min TF already 10 pips each = 2,66% equity. EJ and cable. I don't show you charts,because I didn't enter strictly by this method,so I don't want to confuse new guys.
Going to wait for next opportunity. Like to being a sniper
Whether you think you can, or you think you can't,you're right. H.F.
 
 
  • Post #6,336
  • Quote
  • Jan 27, 2020 4:57am Jan 27, 2020 4:57am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
here's the daily..just remember which trend you are following..if you use the daily then your intermediate trend is the weekly and the monthly the primary(dominant) trend
Attached Image (click to enlarge)
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Name: AUDCADDaily.png
Size: 71 KB
the cautious seldom err....C
 
 
  • Post #6,337
  • Quote
  • Jan 27, 2020 7:22am Jan 27, 2020 7:22am
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,465 Posts
USDCHF closed with 5 pips loss.
Attached Image (click to enlarge)
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Size: 44 KB
PM for account management
 
 
  • Post #6,338
  • Quote
  • Jan 27, 2020 7:32am Jan 27, 2020 7:32am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
Quoting pundit78
Disliked
USDCHF closed with 5 pips loss. {image}
Ignored
Pundit, please adjust your mtf cci to 50 like mine
Attached Image (click to enlarge)
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Name: USDCHFM5.png
Size: 58 KB
the cautious seldom err....C
 
 
  • Post #6,339
  • Quote
  • Jan 27, 2020 7:37am Jan 27, 2020 7:37am
  •  pips29
  • Joined Aug 2012 | Status: Member | 15,353 Posts
I set pending orders for this and it's looking good now..both entries at b/e+ and also taken some pips off
Attached Image (click to enlarge)
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Name: GBPJPYM5.png
Size: 67 KB
the cautious seldom err....C
 
 
  • Post #6,340
  • Quote
  • Jan 27, 2020 8:22am Jan 27, 2020 8:22am
  •  carpantas
  • | Joined Aug 2017 | Status: Member | 21 Posts
My trades today, are only lost in eursud
Attached Images (click to enlarge)
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Size: 81 KB Click to Enlarge

Name: NZDUSDM5.png
Size: 83 KB
 
 
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