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EURUSD Only

  • #1,321
  • Aug 16, 2023 12:50pm Aug 16, 2023 12:50pm
Another kind of slingshot
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  • #1,322
  • Aug 16, 2023 5:52pm Aug 16, 2023 5:52pm
Another way of reading trend
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  • #1,323
  • Aug 16, 2023 6:27pm Aug 16, 2023 6:27pm
Quoting PatienceFx
Another way of reading trend {image} {image}
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  • #1,324
  • Aug 16, 2023 7:50pm Aug 16, 2023 7:50pm
starting to write a new indicator

Inserted Code
//+------------------------------------------------------------------+
//|                                  Gelubrin-Trend-Range-Finder.mq4 |
//|                                                       PatienceFx |
//|                          https://www.forexfactory.com/patiencefx |
//+------------------------------------------------------------------+
#property copyright "PatienceFx"
#property link      "https://www.forexfactory.com/patiencefx"
#property version   "1.00"
#property strict
#property indicator_chart_window
  • #1,325
  • Aug 16, 2023 8:08pm Aug 16, 2023 8:08pm
Quoting PatienceFx
starting to write a new indicator //+------------------------------------------------------------------+ //| Gelubrin-Trend-Range-Finder.mq4 | //| PatienceFx | //| https://www.forexfactory.com/patiencefx | //+------------------------------------------------------------------+ #property copyright "PatienceFx" #property link "https://www.forexfactory.com/patiencefx" #property version "1.00" #property strict #property indicator_chart_window
so on chart this should print as [ no need for any BB or DD ]
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  • #1,326
  • Aug 16, 2023 9:45pm Aug 16, 2023 9:45pm
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  • #1,327
  • Aug 16, 2023 9:59pm Aug 16, 2023 9:59pm
Quoting PatienceFx
{image}
So used with combination of RSI and macd it can give good trades
  • #1,328
  • Aug 16, 2023 10:12pm Aug 16, 2023 10:12pm
Quoting PatienceFx
{quote} so on chart this should print as [ no need for any BB or DD ] {image}
its all about settings otherwise its nothing much , just a simple thing
Attached File(s)
File Type: ex4 Gelubrin-Trend-Range-Finder.ex4   8 KB | 285 downloads
  • #1,329
  • Aug 16, 2023 10:29pm Aug 16, 2023 10:29pm
Quoting PatienceFx
{quote} its all about settings otherwise its nothing much , just a simple thing {file}
add macd with it
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  • #1,330
  • Aug 17, 2023 1:09am Aug 17, 2023 1:09am
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  • #1,331
  • Aug 17, 2023 4:36am Aug 17, 2023 4:36am
Thank you, Master !!!!
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  • #1,332
  • Aug 17, 2023 12:21pm Aug 17, 2023 12:21pm
Hello guys, I am a new member and a newbie in this world of trading and I have little to no knowledge.I have some basic on terms like trend, patterns, indicators, bullish and bearish stocks... Considering the fact that all of you are busy with your trades, can you at least teach the basic way of trading? It's not really much am asking for just some simple tips for me to improve. Thank you and have a nice day
  • #1,333
  • Aug 17, 2023 1:55pm Aug 17, 2023 1:55pm
Quoting Economical
Hello guys, I am a new member and a newbie in this world of trading and I have little to no knowledge.I have some basic on terms like trend, patterns, indicators, bullish and bearish stocks... Considering the fact that all of you are busy with your trades, can you at least teach the basic way of trading? It's not really much am asking for just some simple tips for me to improve. Thank you and have a nice day
Hi!
An idea would be to read this thread right from the beginning. You will learn a lot of important things in a short time. The master teaches us to think like a true trader and offers us excellent solutions.
Good luck!
  • #1,334
  • Aug 17, 2023 7:16pm Aug 17, 2023 7:16pm
Quoting Gelubrin
Thank you, Master !!!! {image}
this came out better than i thought, i added macd on chart as added flavor

price dropped 89 pips below week open 0 line
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  • #1,335
  • Aug 17, 2023 7:36pm Aug 17, 2023 7:36pm
Quoting Gelubrin
{quote} Hi! An idea would be to read this thread right from the beginning. You will learn a lot of important things in a short time. The master teaches us to think like a true trader and offers us excellent solutions. Good luck!
Read usdjpy trend to know what USD is planning to do

This way you can plan eurusd trades
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  • #1,336
  • Aug 17, 2023 9:26pm Aug 17, 2023 9:26pm
Quoting PatienceFx
{quote} its all about settings otherwise its nothing much , just a simple thing {file}
Using this indicator above
And RSI as given below
Above 50 level bullish below 50 level bearish
On h4 chart keep collecting
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  • #1,337
  • Aug 17, 2023 9:29pm Aug 17, 2023 9:29pm
Quoting PatienceFx
{quote} Using this indicator above And RSI as given below Above 50 level bullish below 50 level bearish On h4 chart keep collecting {image}
Macd can misguide
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  • #1,338
  • Aug 17, 2023 11:31pm Aug 17, 2023 11:31pm
Quoting PatienceFx
{quote} its all about settings otherwise its nothing much , just a simple thing {file}
On mobile
You will use 4 SMA

20 SMA High price and 20 SMA low price
200 SMA High price and 200 SMA low price

You should know what each indicator does

This is a trend following indicator the 20 setting is for small Trend and 200 setting is for large Trend

Never trade without knowledge
  • #1,339
  • Aug 18, 2023 5:31am Aug 18, 2023 5:31am
So if price goes and does a soft landing on the target then it means I was just lucky lol
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  • #1,340
  • Aug 18, 2023 11:47pm Aug 18, 2023 11:47pm
Expectations for next week

If daily chart 200 SMA breaks, we tumble
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