Simple Monday-Tuesday System (attached calculator)

Quoting Erebus

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{quote} Yes, of course, Fibonacci Tool is universal across every trading software; but we're not using Fibonacci numbers, just use the Tool to measure the range and project the targets. I have posted the settings a few times, just scroll back to find them. Good luck

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Quoting bojack34

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{quote} Ok, I've seen the settings. I've read every page on the thread. I have a EA that runs this method but it's mainly just the thread starters rules. It's not as flexible as it should be yet. It's basically a beta version. It plots the trades for you but I was wanting a "template" i could use that would just load the Fib for me, instead of having to open up a Fib tool and measure the H and L of Mon and Tue for every pair and have to also go inside the properties and change the Fib's to what I want on all of them.

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Quoting bojack34

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{quote} Ok, I've seen the settings. I've read every page on the thread. I have a EA that runs this method but it's mainly just the thread starters rules. It's not as flexible as it should be yet. It's basically a beta version. It plots the trades for you but I was wanting a "template" i could use that would just load the Fib for me, instead of having to open up a Fib tool and measure the H and L of Mon and Tue for every pair and have to also go inside the properties and change the Fib's to what I want on all of them.

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Quoting leonlee0116

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{quote} Hi Erebus! I'm thinking of using currency strength indicator on Wednesday to see the strongest and weakest currency as set up. What do you think?

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Quoting Erebus

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{quote} Once you make the Fibonacci Tool settings, you shouldn't have to change on every pair. If the Fibonacci is already there, delete it, and reapply with the new settings, we don't need to do this until Wednesday, usually the high and low are fairly obvious at that point. It's hard work for sure but there will be rewards Good luck

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Quoting T4Trade

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the scrpt doesnt work and where is this fib? motu system mq4 doest work also.plz help.thnks

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Quoting Ican2020

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{quote} I think you have to wait for Wednesday"s first trading hour

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Quoting Erebus

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Very very early strength readings, Frankfurt, Mon open Don't be seduced by those devilish indicators Be strong and patient for Wednesday {image}

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Quoting Erebus

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Not seeing a lot of effort here people I will post another example of visual backtest and a trade that could have been made last week, and I can do this on a small phone screen. AUDCHF, Monday 17 and Tuesday 18, vertical lines to display the high and low Apply the Fibonacci Tool, yellow box is the entry area, there are 3 x 4 Hours candles there, enough time to think and ACT? Place the stop loss area at red box, have the Take Profit ready in place at the green box First to post an example, win, lose or BE, wins a Snickers bar {image}

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Quoting Zakattack

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{quote} Sorry Erebus, but what CSM do you use to get this nice graph?...

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Quoting here2there

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{quote} It's finviz: https://finviz.com/forex.ashx

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Quoting Zakattack

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{quote} Thank you so very much

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Quoting tes724

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If this was the performance late thuesday evening, and you are about to choose pairs to set entries on. What pairs would you look at? Go for the most movement or how do you guys choose? {image}

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Quoting Erebus

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This is my weekly visual review, using basic 1 unit risk, take profit at 2 units, resulting in a +27 units increase. Feel free to challenge any chart, I'm ready Let's go live next week, I've got the free time now, getting over my bear attack Hang on , file is too big? Working last week Had to make 2 files {image} {image}

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Quoting Erebus

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Right at Monday close, 5 pm, New York {image} {image}

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