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  • #1,241
  • May 5, 2020 6:08am May 5, 2020 6:08am
Quoting Wyrebill
{image} Hi Laura Please could you tell me is I got entry right on screenshot. Trade still running moved up SL. Thank you
I thought in a 'Buy' position stop loss ought to be down. Hope my eyes are not seeing something different.
  • #1,242
  • Edited 6:49am May 5, 2020 6:11am | Edited 6:49am
Quoting Patje
{quote} Have a search I am sure there are some around, if I am correct there is a nice script here at ff if I remember correctly its called easy script, not sure about partials but it should work with fixed% amounts off risk
Dear Patje is there any buy, sell or close trades EA you know in ff
  • #1,243
  • May 5, 2020 6:13am May 5, 2020 6:13am
Quoting ogboriefor
{quote} I thought in a 'Buy' position stop loss ought to be down. Hope my eyes are not seeing something different.
I'll let you think about that for awhile longer

Think trailing stop, for long trade, will it always be below the entry?

It takes a lot for me to IGNORE you, but you can try.
  • #1,244
  • May 5, 2020 6:22am May 5, 2020 6:22am
Quoting ogboriefor
{quote} Dear Patje is there an buy, sell or close trades EA you know in ff
I typed in EA in FF search:
https://www.forexfactory.com/search?searchid=25498692
every Saint has a past. Every Sinner has a Future
  • #1,245
  • May 5, 2020 6:33am May 5, 2020 6:33am
Quoting turnip15
{quote} I typed in EA in FF search: https://www.forexfactory.com/search?searchid=25498692
you proved how frivolous the search method can be, or that your cannot search efficiently lol.
  • #1,246
  • May 5, 2020 6:37am May 5, 2020 6:37am
Quoting tradeChaser
{quote} you proved how frivolous the search method can be, or that your cannot search efficiently lol.
I am not searching for anything. trying to make a point that if you want EA's then look on another thread or google whatever and leave this thread to Roadmap trades.
every Saint has a past. Every Sinner has a Future
  • #1,247
  • May 5, 2020 6:44am May 5, 2020 6:44am
point taken Turnips and funny guys,

GU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.lmaxM5.png Size: 86 KB
  • #1,248
  • May 5, 2020 6:54am May 5, 2020 6:54am
Laura rules OK
15 min level acts as some support - Longs above 200 ema

Hope this is as per Laura trade.

EDIT: 2400 shows up on hourly as possible resistance ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DOWMin11451.png Size: 404 KB
Click to Enlarge Name: 15DOW.png Size: 471 KB
every Saint has a past. Every Sinner has a Future
  • #1,249
  • May 5, 2020 6:58am May 5, 2020 6:58am
Nice bouncers of the euro pairs at the ADR Lows,out walking missed them all
  • #1,250
  • May 5, 2020 7:22am May 5, 2020 7:22am
Oil for those who trade it. I Minute chart

EDIT : Reached Yesterdays high of 8828 around 10 am UK time

EDIT 2. Showing Yesterdays high being bounced off by price.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 395 KB
Click to Enlarge Name: OIL2.png Size: 456 KB
every Saint has a past. Every Sinner has a Future
  • #1,251
  • May 5, 2020 7:27am May 5, 2020 7:27am
Quoting turnip15
Oil for those who trade it. I Minute chart {image}
Had a lot of fun with this today
  • #1,252
  • May 5, 2020 7:40am May 5, 2020 7:40am
Hey Guys

Another trade today that was good, used the system with Fibonacci retracements.

Chart Below:

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-05-05 at 2.12.28 PM.png Size: 96 KB


Entry as per sytem TP at 38.2 Fibo Level.

The price touched 38.2 and bounced back,

Still in the bouncing at the same level.

Current Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-05-05 at 10.38.03 PM.png Size: 226 KB
  • #1,253
  • May 5, 2020 7:52am May 5, 2020 7:52am
Quoting LauraT
{image} This trade eventually reached my target (ADR Low) but I almost closed it when it started moving sideways. Lesson being, let the market action take you out, not your emotional reaction.
Interesting early bird trade...
Entry between Frankfurt and London Open, the EMA8 channel was about 8 pips wide, the distance to the EMA200 about 40 pips (give and take).
Any reason for taking a trade on this particular pair ?
I'd have to set the "proximity threshold" value to 5 or higher to have gotten a signal from Hanover's scanner (although it did signal on M1).

LuXing
Wisdom begins in wonder
  • #1,254
  • May 5, 2020 8:12am May 5, 2020 8:12am
Quoting LuXing
{quote} Interesting early bird trade... Entry between Frankfurt and London Open, the EMA8 channel was about 8 pips wide, the distance to the EMA200 about 40 pips (give and take). Any reason for taking a trade on this particular pair ? I'd have to set the "proximity threshold" value to 5 or higher to have gotten a signal from Hanover's scanner (although it did signal on M1). LuXing
Two main reasons.

It had already broken yesterday's low decisively and I could see from currency strength rankings that EUR was weak and CAD was strong. It seemed a decent probability that the trend would continue.
  • #1,255
  • May 5, 2020 9:56am May 5, 2020 9:56am
I had a request from degolep to change the values in the RSI Trendstrength indicator when it turns red and green.
I made the RSI value for Red and Green configurable in settings then each can have his/her own preference.
Attached File(s)
File Type: ex4 TrendStrength - RSI-MTF.ex4   17 KB | 691 downloads
  • #1,256
  • May 5, 2020 10:01am May 5, 2020 10:01am
Quoting fxbarwise
I had a request from degolep to change the values in the RSI Trendstrength indicator when it turns red and green. I made the RSI value for Red and Green configurable in settings then each can have his/her own preference. {file}
You are golden, thank you.
Anything above the line is an uptrend, below the line is a downtrend.
  • #1,257
  • May 5, 2020 10:03am May 5, 2020 10:03am
Quoting fxbarwise
I had a request from degolep to change the values in the RSI Trendstrength indicator when it turns red and green. I made the RSI value for Red and Green configurable in settings then each can have his/her own preference. {file}
That's very kind of you, thank you so much And thank you for developing an extremely useful tool!
  • #1,258
  • May 5, 2020 10:49am May 5, 2020 10:49am
Quoting fxbarwise
I had a request from degolep to change the values in the RSI Trendstrength indicator when it turns red and green. I made the RSI value for Red and Green configurable in settings then each can have his/her own preference. {file}
So if a user has all time frames set to true, what happens when one or more time frames don't match? It would be considered a mixed signal, right? Or is the user expected to only choose one time frame?
Learn from your mistakes and march on.
  • #1,259
  • May 5, 2020 10:52am May 5, 2020 10:52am
Quoting here2there
{quote} So if a user has all time frames set to true, what happens when one or more time frames don't match? It would be considered a mixed signal, right? Or is the user expected to only choose one time frame?
For use with this strategy, you set Monthly to False and all other timeframes to True.
  • #1,260
  • May 5, 2020 10:55am May 5, 2020 10:55am
Quoting LauraT
{quote} For use with this strategy, you set Monthly to False and all other timeframes to True.
Thanks! But what if one or more of the time frames don't match? That would be a mixed signal. I'm thinking it would be good if the indicator had a specific color to show mixed signals.
Learn from your mistakes and march on.
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