DislikedHi Pipette. on my graph usdchf price hits white BB and then closed inside the BB channel. I think it's a white signal to sell?
look at image.Ignored
Attached Image
Dislikedoops, what time zone of your MT is? my is GMT +2.
I'm testing this system on all forex pairs. I want to look at these results.Ignored
Dislikedoops, what time zone of your MT is? my is GMT +2.
I'm testing this system on all forex pairs. I want to look at these results.Ignored
DislikedHi Slava19rus.
Would you be so kind as to post your results on this thread?
BTW, your call on USDCHF being a white signal is correct.Ignored
DislikedPIPETTE...what BB settings are you using??If varied time zone charts make such a difference, which is the best time zone to switch your charts to?Ignored
Dislikedi just went to IBFX and FXDD and loaded the same indicators and took a snapshot of both. there's a big difference between them. The candles only differ by 1-2 pips. Does anyone have a potential explanation?
what brokers are you using for your charts? i'd prefer to be on the same page as others.Ignored
QuoteDislikedi just went to IBFX and FXDD and loaded the same indicators and took a snapshot of both. there's a big difference between them. The candles only differ by 1-2 pips. Does anyone have a potential explanation?
Dislikedspot on. IBFX includes a small sunday candle on charts, thus slightly throwing off calculations of indicators as compared to brokers that do not have this small candle.
in looking at pipette's comparison you easily see that FXDD does not have these candles compared to IBFX, and that is where the difference plays out.Ignored
Dislikedgood observation, thanks. so the question is, which way is the best way to go? is the tiny sunday candle skewing the data since it consists of 2 hours of data on IBFX? FXDD daily candle update is 5pm so when the market opens, it's already started on monday's candle.
PipetteIgnored
DislikedHello,I was happy to find this system and have read the thread thoroughly but am still not clear on a couple of issues.
1. On the 4th page of the original system, the chart displayed to explain "blue signals" has me confused. There are two red arrows which are described as losing trades but they are neither white or blue signals i.e not white because they close outside the white BB's and not blue because they have touched the white BB's.
2.On the third page the chart used to describe "white signals" is also not clear to me.I understand the two green arrows denoting a white signal to buy,but the first two red arrows indicate a "white signal" to sell on a green
candle.Is this becuase the candles close in the upper half of the BB channels?
3. On the same chart the third red arrow points to a "white signal" sell.Why a sell and not a buy? Is this a sell because the candle is red?
I hope some one understands what I'm getting at and can clarify this for me.
Cheers.Ignored