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Attachments: Trading correlation pairs by using the other pairs
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Trading correlation pairs by using the other pairs

Quoting redfan
{quote} Yes it does look right and as you've downloaded it there are some instructions for you, Check out the bottom indicator the OBV the yellow line is a 200 moving exponential average, I'm using it on the 5-minute and the 15-Minute time frame it's more reliable on the 15-Minute if the blue line is above the 200 moving average you are in an uptrend it if it is below you are in a downtrend, depending on what pair you are using because it's pair crosses the moving average in the early part of the morning between 7.00 am 10.30 am I've been busy recording...
"OGT RSI MTF Indicator v1.1 (1)" doesn't load
Because you wrote "OGT RSI MTF Indicator" in tpl.
sorry for my insufficient english.
so good luck and keep safe,
correlation eu
Attached Image (click to enlarge)
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This is my new analysing of trades
I'm going to show you two charts of the same pair the EURUSD
my trading Day starts Between 8 and 9 London opening time
I'm looking for the trend at that time, I'm also looking for an entry point,
I check all the EU pairs and all the British pairs, I have a spreadsheet where I have recorded the times,
the indicator is the OBV, it cross the 200 moving average, it tells you the trend,
I've recorded it on the 5-minute chart and on the 15-Minute chart,
on the first chart you will see, At 8.15am the OBV Crossed the 200 moving average them crossed right back,
So you couldn't have talked this trade at that point,
just 40 minutes later it crossed again, And exactly at THAT point the MACD also crossed and the moving average also crossed give us the perfect entry point,

Now you are going to say but it went back down,
And yes you are right but once you've entered you switch to the 15-minute chart
At this point you would put your stop loss on and you would use yesterday's LOW
Results a winning trade,
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eu correlation
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If you are interested in Trading correlation of pairs
you should be using this indicator,
because it stops you trading one pair against the other
like buying EU on one pair and selling it against another pair,
If the EU goes down it goes down on nearly all the pairs ,
and if the EU goes up it goes up on nearly all the pairs,
Just bear that in mind.
Attached File
File Type: ex4 Symbol Changer_Luxmod (1) (1).ex4   14 KB | 90 downloads

here is a picture
it's the bottom indicator,
every pair and all the time frames,
if you make a change on one chart it will make it on all chart
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HERE MY TEMPLATE

Attached File
File Type: tpl OBV2+MA.tpl   27 KB | 75 downloads
STILL RUNNING
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Just an update

I have traded it for 2 days Monday the 24th and today Tuesday the 25th
I just picked the crossing of the OBV by the 200 MA as an entry point,
I have traded at different times on the 5-minute charts,
Between 10 am and 4 pm UK time,
I have made mistakes but I've learnt from them,
The main mistake I made is I was treating the 5- Minute chart as if it was a long-term trade,
I have realised now that 4 to 8 candles you should be looking to close your trade,
My winning total for the 2-days was £966.56 and my losing total was £646.23
Leaves me with a profit of £320.33 for 2 days trading

Thank you to those who left comments,
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I really need a few people to test this please let me know what your results are
Quoting redfan
STILL RUNNING {image}

uc was good today


you can test it
Attached Image (click to enlarge)
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Attached Files
File Type: mq4 OBV2.01_mtf+alerts nmc.mq4   6 KB | 136 downloads
File Type: mq4 OBV2.01_mtf+alerts histo.mq4   6 KB | 141 downloads
Just closed it at support And 8 candles.
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Click to Enlarge Name: GBPUSDH1.png Size: 65 KB
Attached File
File Type: ex4 X-DAILY TARGETS_extra_levels_wPrices.ex4   72 KB | 137 downloads
Quoting kette
{image}{file}
Hallo Kette,

ich beobachte dich schon eine ganze Weile und wollte mal fragen, wo man dich evtl. per PN kontaktieren kann? Ich wäre dir sehr dankbar.
  • Post #693
  • Quote
  • Edited at 5:17pm Aug 25, 2020 4:51pm | Edited at 5:17pm
[quote = GoldenFibo; 13131300] {quote} Hallo Kette, ich beobachte dich schon eine ganze Weile und wollte mal fragen, wo man dich evtl. per PN Kontakt kann? Ich bin dir sehr sehr wichtig. [/ Quote]

Auction Market Theory and Market Profile

hier immer
Attached File
File Type: ex4 OBV2.03 - mtf+alerts (1).ex4   36 KB | 134 downloads
Quoting redfan
If you are interested in Trading correlation of pairs you should be using this indicator, because it stops you trading one pair against the other like buying EU on one pair and selling it against another pair, If the EU goes down it goes down on nearly all the pairs , and if the EU goes up it goes up on nearly all the pairs, Just bear that in mind. {file} here is a picture it's the bottom indicator, every pair and all the time frames, if you make a change on one chart it will make it on all chart {image}
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Click to Enlarge Name: EURUSDH1.png Size: 90 KB
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Think I will stick to this new training plan for the time being,

I'm just ironing all the little problems out and I think I'll be ready to go live.
Not really had the time to trade today but I just left one on which has been a success,
this is how it finished for the Last 2-days, 12 x trade profit £463.12 no losses,
this was the last one for the day,

see picture.
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Well I'm getting quite a lot of people asking me for my temper privately,
so instead of replying to them all,
I'm going to put on my templates and every indicator that is on this templates.

These are all the indicators
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File Type: ex4 Currency_Strength_Giraia_3_Tier_Breakout.ex4   41 KB | 169 downloads
Attached File
File Type: ex4 Spread.ex4   9 KB | 119 downloads
Attached File
File Type: mq4 ADR 1 mod.mq4   15 KB | 124 downloads
Attached File
File Type: mq4 Tidy MA Cross_2 (1).mq4   4 KB | 137 downloads
Attached File
File Type: mq4 MACD LWMA v1.01.mq4   4 KB | 127 downloads
Attached File
File Type: ex4 OBV2.03 - mtf+alerts.ex4   36 KB | 173 downloads
Attached File
File Type: ex4 Symbol Changer_Luxmod (1) (1).ex4   14 KB | 121 downloads
You already have an RSI I'm moving averages on your platform

this is the template
Attached File
File Type: tpl OBV2+MA.tpl   26 KB | 111 downloads
  • Post #698
  • Quote
  • Edited at 4:14am Aug 31, 2020 3:29am | Edited at 4:14am
Attached Image (click to enlarge)
Click to Enlarge Name: 310820 EURGBP OBV.png Size: 99 KB
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The first 3 of the week let's see how it goes.


That's it for these 3 trades made a profit,
should have stayed in the EURGBP but got a bit nervous and close the trade,
I need to learn to stop doing that.

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  • Post #699
  • Quote
  • Edited at 4:07am Aug 31, 2020 3:57am | Edited at 4:07am
Quoting redfan
{image}{image}{image} The first 3 of the week let's see how it goes.
Hi,redfan.
I am interested in your method.
How dou you use the indicator of MACD LWMA and RSI?
and please tell me your exit rules.

did another pairs have alert today?

Best regards.
thanks.
  • Post #700
  • Quote
  • Edited Sep 4, 2020 7:20am Sep 3, 2020 11:21am | Edited Sep 4, 2020 7:20am
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This was a nice trade and all the signals crossed exactly the right time.
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