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Pivot Trading

  • #41,061
  • Dec 16, 2022 4:59am Dec 16, 2022 4:59am
It's the daily candle no?
  • #41,062
  • Dec 16, 2022 5:01am Dec 16, 2022 5:01am
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Pip Student
  • #41,063
  • Dec 16, 2022 5:02am Dec 16, 2022 5:02am
Quoting John Chipsa
{quote} Maybe a stupid question, but what kind of indicator is this? Is it related to the ADR spread?Thank you for the answer, can you throw it here? {image}
it is the range of the current day
the highest point comes before the fall
  • #41,064
  • Dec 16, 2022 5:02am Dec 16, 2022 5:02am
Looks like it but not seen it before seeing it as a ran through read the thread
Pip Student
  • #41,065
  • Dec 16, 2022 5:20am Dec 16, 2022 5:20am
Quoting Pivoter
{quote} it is the range of the current day
Thank you.
It's not a dream. Chipsa is real!
  • #41,066
  • Dec 16, 2022 5:47am Dec 16, 2022 5:47am
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Pip Student
  • #41,067
  • Dec 16, 2022 7:01am Dec 16, 2022 7:01am
So scalp only to piv 5 pips
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Pip Student
  • #41,068
  • Dec 16, 2022 7:20am Dec 16, 2022 7:20am
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Pip Student
  • #41,069
  • Dec 16, 2022 7:25am Dec 16, 2022 7:25am
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Pip Student
  • #41,070
  • Dec 16, 2022 7:29am Dec 16, 2022 7:29am
Weeks over flat
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Pip Student
  • #41,071
  • Dec 16, 2022 8:32am Dec 16, 2022 8:32am
Quoting John Chipsa
{quote} Maybe a stupid question, but what kind of indicator is this? Is it related to the ADR spread?Thank you for the answer, can you throw it here? {image}
It's an indicator which shown the Daily, weekly and monthly candles on your chart on the lower timeframe so you do not have to switch to the higher timeframe.
Its called Day bar info.

https://www.mql5.com/en/market/produ...kduckgo.com%2F
  • #41,072
  • Dec 16, 2022 9:08am Dec 16, 2022 9:08am
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD(£)H1 (2).png Size: 6 KB
Successful trading is intrinsic to risk management and discipline
  • #41,073
  • Dec 16, 2022 10:18am Dec 16, 2022 10:18am
Quoting smd101
{quote} It's an indicator which shown the Daily, weekly and monthly candles on your chart on the lower timeframe so you do not have to switch to the higher timeframe. Its called Day bar info. https://www.mql5.com/en/market/produ...kduckgo.com%2F


Just a small suggestion, do not put too much indicator on the chart, Davit is an expert, he can do that and focus on the trades.

Here, our major focus is on pivots and the ADR. If you put indicator, your focus will start to shift and your trade start to shift, and you do stupid mistakes.
  • #41,074
  • Dec 16, 2022 10:26am Dec 16, 2022 10:26am
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  • #41,075
  • Dec 16, 2022 10:52am Dec 16, 2022 10:52am
Quoting Nod32
{image}
Well done did not even have that pair on my watch list.
Pip Student
  • #41,076
  • Dec 17, 2022 10:33am Dec 17, 2022 10:33am
Hi Pivoters

Late year not ideal to trade however there are great opportunities sort of "bargains"
Worth start building longs on AN
Its been dumped pretty severely. My bias on CAD against Euro and GBP is still going and do have positions open on them.
Another note JPY is coming down to earth hence any rally 100+pips on EJ GJ worth shorting.Given watch how market reacts nothing is auto

On my chart EJ bounce back to orange box I drew its my sell zone
Note UC is at perfect Fibo level 61.8 and lot of events on CAD next week. I anticipate CAD gaining
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZDDaily.png Size: 21 KB
Click to Enlarge Name: EURJPYH4.png Size: 23 KB
Click to Enlarge Name: USDCADDaily.png Size: 18 KB
In trading, you have to be defensive and aggressive at the same time
  • #41,077
  • Dec 17, 2022 10:43am Dec 17, 2022 10:43am
Attached File(s)
File Type: ex4 __Daily Candle.ex4   28 KB | 579 downloads

Quoting John Chipsa
{quote} Maybe a stupid question, but what kind of indicator is this? Is it related to the ADR spread?Thank you for the answer, can you throw it here? {image}
I am a visual person hence quick glance tells me market bias.Its not critical since you can see how market moves from day open indicator I have but doesn't harm.
In trading, you have to be defensive and aggressive at the same time
  • #41,078
  • Dec 17, 2022 12:21pm Dec 17, 2022 12:21pm
Hi All,

It's a nice scanner to have for pivots.
It gives the overall glance of all the pivot.

https://www.mql5.com/en/code/23720
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
Attached File(s)
File Type: mq4 Multi_Pair_Pivot_Point_Scanner_Alerts_v2.8.mq4   86 KB | 471 downloads
  • #41,079
  • Dec 17, 2022 4:37pm Dec 17, 2022 4:37pm
Anyone here that can share with me an indicator where I can close my positions all at once in one button? The previous mq4 indicators were posted here no longer work. Was wondering if anyone has an update of it
The consistency that you seek is in your mind
  • #41,080
  • Dec 18, 2022 5:06am Dec 18, 2022 5:06am
This script still works...for close all
Attached File(s)
File Type: ex4 IBFX - Close ALL orders.ex4   4 KB | 375 downloads
Pip Student
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