Roadmap - A Way To Read Markets | Page 55 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Software tools for LauraT's Roadmap 169 replies

Forex Brokerage Roadmap 4 replies

Best way to read all of someone's posts? 3 replies

Simple way to read chart 11 replies

Attachments: Roadmap - A Way To Read Markets
Exit Attachments

Roadmap - A Way To Read Markets

  • #1,081
  • May 2, 2020 10:24pm May 2, 2020 10:24pm
Quoting Marcelomtn
{quote} Maybe this one? https://www.mql5.com/en/code/16685
I took a look at the code. It’s a completely different indicator that uses Heiken Ashi bars. Same name, but very different.
  • #1,082
  • May 2, 2020 10:29pm May 2, 2020 10:29pm
Quoting MikeHanson
For cTrader users. Here is a set of indicators to help cTrader users apply Roadmap. The zip file contains several indicators (most with documentation) and a couple of templates that I used for setting up the workspace shown. There is a readme.txt included in the package. {image} {file}
Thanks Mike for continuously updating your indicators for ctrader fellow. appreciated.
  • #1,083
  • May 3, 2020 2:23am May 3, 2020 2:23am
Quoting LauraT
For Traders of 1m Indices/Oil I want to highlight a way of using CompRSISelectv2 (available in post 1) that might be useful to those who trade 1m indices/oil. The indicator settings are 15/60/0/0 and you should add lines at 55 and 45. Above 55 is bullish, below 45 is bearish. It's not perfect but I think it will hopefully act as a good general guide of momentum. Do feel free to play around with settings and let me know how you get on with it. {image}
Hi Laura, once again thank you for this thread
do you recommend CompRSISelectv2 (with 55 and 45 lines) instead of RSI2/RSI9 for trading m1 gold, too?
  • #1,084
  • May 3, 2020 4:00am May 3, 2020 4:00am
Quoting axecap
On my watch list...EURAUD T150 {image}
It seems that your chart is tradingview picture. Can you share the pine script codes?Thanks.
  • #1,085
  • Edited 5:07am May 3, 2020 4:42am | Edited 5:07am
Quoting drsa1970
{quote} That's perfect , would you please let me know what does numbers you use as box title (like 1:63 or ... )means?
Those numbers are label or tags linked to the information I was analyzing. Take an example of 1.26, it is both in slide 2 and 3 meaning the same line of information explains both concepts. There is nothing more fancy about them. Just ignore them
Hope this helps.
edited:
Attached Image (click to enlarge)
Click to Enlarge Name: link.png Size: 86 KB

like this
It is not over until I win
  • #1,086
  • May 3, 2020 4:44am May 3, 2020 4:44am
Quoting Waih
Anyone has the indicators for MT5? especially the composite RSI
CompRSISelectv2

Someone should respond to this, please.
  • #1,087
  • May 3, 2020 4:48am May 3, 2020 4:48am
Quoting karasinga
Thank you Laura for sharing this trading system. I have read through your thread and have a summary of your comments attached purely intended to direct reading or to act as one point consult. {file}
5 slides added.
Attached File(s)
File Type: pptx ROADMAP.pptx   884 KB | 1,262 downloads
It is not over until I win
  • #1,088
  • May 3, 2020 5:06am May 3, 2020 5:06am
Quoting Ican2020
{quote} CompRSISelectv2 Someone should respond to this, please.
As far as I know, indicators are not available for MT5.
  • #1,089
  • May 3, 2020 6:39am May 3, 2020 6:39am
I was hoping to make a simple approach to trade one Minute Nasdaq or Dow but I get confused with all the variety springing up. More likely I have missed specific information on this thread dealing with one minute Indices trades. So - back to post one for me
every Saint has a past. Every Sinner has a Future
  • #1,090
  • Edited 10:41am May 3, 2020 6:46am | Edited 10:41am
Quoting LauraT
{quote} As far as I know, indicators are not available for MT5.
Hi Laura

A bit late to the party here, but have just finished reading your, now extensive, thread. It must take a long time answering everyone's questions.........

I have been around trading a long time, but due to ill health have had to take extensive breaks, dipping back into it from time to time!
I'm a firm believer that trading is a series of probabilities, and having a great structure, such as yours, skews those probabilities your way, giving you a trading edge! Thank you for sharing it with us all...
I also have to thank you for being so patient and answering everyone in a calm and easy to understand way.

Hoping to follow along with you and your thread, and be able to add to things to it

Best wishes
Tony
  • #1,091
  • May 3, 2020 6:46am May 3, 2020 6:46am
Quoting Ican2020
{quote} CompRSISelectv2 Someone should respond to this, please.



Consider Mt4
  • #1,092
  • May 3, 2020 7:04am May 3, 2020 7:04am
Quoting turnip15
I was hoping to make a simple approach to trade one Minute Nasdaq or Dow but I get confused with all the variety springing up. More likely I have missed specific information on this thread dealing with one minute Indices trades. So - back to post one for me
It's very much a work in progress but I've set out some experimental settings for 1m indices here:

https://www.forexfactory.com/showthr...5#post12910815
  • #1,093
  • May 3, 2020 7:07am May 3, 2020 7:07am
Quoting rover99x
{quote} Hi Laura A bit late to the party here, but have just finished reading your, now extensive, thread. It must take a long time answering everyone's questions......... I have been around trading a long time, but due to ill health I have had to take extensive breaks, dipping back into it from time to time! I'm a firm believer that trading is a series of probabilities, and having a great structure, such as yours, skews those probabilities your way, giving you a trading edge! Thank you for sharing it with us all... I also have to thank you for...
Hi Tony

Yes, maintaining the thread alongside trading full-time is demanding but my brain seems to work better when kept busy!

You are absolutely right. All we are doing is trading probabilities and trying to stack them in our favour.

Look forward to your contributions.
  • #1,094
  • May 3, 2020 7:11am May 3, 2020 7:11am
Quoting LauraT
{quote} It's very much a work in progress but I've set out some experimental settings for 1m indices here: https://www.forexfactory.com/showthr...5#post12910815
Thanks Laura.
Interesting approach you have. I was mulling over this 3 min SP500 chart and was struck by how the eye is drawn to price action around the band - from lower to high and vice versa. marked in circles some trades. Some fail some not. Great food for thought you have given me here.
Attached Image (click to enlarge)
Click to Enlarge Name: Laura3MinSP500.png Size: 385 KB
every Saint has a past. Every Sinner has a Future
  • #1,095
  • May 3, 2020 7:17am May 3, 2020 7:17am
Quoting turnip15
{quote} Thanks Laura. Interesting approach you have. I was mulling over this 3 min SP500 chart and was struck by how the eye is drawn to price action around the band - from lower to high and vice versa. marked in circles some trades. Some fail some not. Great food for thought you have given me here. {image}
In congestion zones it is possible to scalp from one side of the channel to the other. Problem being of course, sometimes we only realise it's a congestion zone when it's too late.

But another approach is to identify such zones on a higher timeframe and then trade it directionally on the 1m.
  • #1,096
  • May 3, 2020 7:39am May 3, 2020 7:39am
Quoting LauraT
{quote} In congestion zones it is possible to scalp from one side of the channel to the other. Problem being of course, sometimes we only realise it's a congestion zone when it's too late. But another approach is to identify such zones on a higher timeframe and then trade it directionally on the 1m.
Hi Laura, this is maybe something I should know, but I don't normally look at the Indices. I was wondering why my DAX chart stopped on April 30. Looks like yours did too. I posted this in the journal thread by mistake.
All you touch and all you see, is all your life will ever be.
  • #1,097
  • May 3, 2020 7:42am May 3, 2020 7:42am
Quoting Loftboy
{quote} Hi Laura, this is maybe something I should know, but I don't normally look at the Indices. I was wondering why my DAX chart stopped on April 30. Looks like yours did too. I posted this in the journal thread by mistake.
Hi

Was it a futures contract?
  • #1,098
  • May 3, 2020 7:54am May 3, 2020 7:54am
Quoting LauraT
{quote} Hi Was it a futures contract?
Erm....tricky questions first eh? It was GER30 M20 June 2020 DAX Future. So possibly. Isn't this what you trade?
All you touch and all you see, is all your life will ever be.
  • #1,099
  • May 3, 2020 8:06am May 3, 2020 8:06am
Quoting LauraT
{quote} In congestion zones it is possible to scalp from one side of the channel to the other. Problem being of course, sometimes we only realise it's a congestion zone when it's too late. But another approach is to identify such zones on a higher timeframe and then trade it directionally on the 1m.
Like a 5 min zone traded on the one minute zone ?
every Saint has a past. Every Sinner has a Future
  • #1,100
  • May 3, 2020 8:08am May 3, 2020 8:08am
Quoting Loftboy
{quote} Erm....tricky questions first eh? It was GER30 M20 June 2020 DAX Future. So possibly. Isn't this what you trade?
Yes

That contract doesn't expire until 18th June so it shouldn't have stopped already. Mine hasn't stopped.
8 traders viewing now