A humble request. Sarcasm or criticism are acceptable but let us not humiliate each other.
- #302
- Jun 22, 2024 2:55am Jun 22, 2024 2:55am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
i have uploaded the indicators and documents again in the first post.
- #303
- Jun 22, 2024 3:07am Jun 22, 2024 3:07am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
{quote} If anyone is interested, this is what this strategy can be stripped down to: {image} And nothing else is needed.
you being a expert and a coder, you can easily read between the lines. For most of us we need spoonfeeding with lines and arrows. so why not make the chart colourful and delightful to look at? this is definately not a crime.
- #306
- Jun 22, 2024 6:22am Jun 22, 2024 6:22am
- Joined Mar 2022 | Status: Trader | 6,558 Posts
{quote} one last comment. you being a expert and a coder, you can easily read between the lines. For most of us we need spoonfeeding with lines and arrows. so why not make the chart colourful and delightful to look at? this is definately not a crime.
I see that my complaining has had the right effect!
Thank you for taking your prescious time to make things clear!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #312
- Edited 9:23pm Jun 22, 2024 5:43pm | Edited 9:23pm
- | Joined Aug 2019 | Status: Trader | 200 Posts
{quote} hi Michael what's the name of the tool in your chart you mentioned in your post? Thanks bud
Here is that tool:
Feel free to set the settings like you want.
I didn't develop the tool, I just animated the button a bit.
When you find here in the settings at this place a number 3, I recoment to change it to 0.
I recommend choosing subtle colors for the lines so that it doesn't appear distracting on the chart.
Kind regards
Don't trade because you think you have to do something.
- #313
- Edited 9:18pm Jun 22, 2024 7:26pm | Edited 9:18pm
- | Joined Aug 2019 | Status: Trader | 200 Posts
{quote} Michael.MSA, I like your approach and strategy, it is very enlightening. Although you mentioned before that we should not ask you for your strategy I do want to ask if you are using a particular S/R indicator that you would like to share. I tested the good Doctor's system on a live account as you will see the results below. {image}
Here is that tool:
Feel free to set the settings like you want.
I didn't develop that tool, I just animated the button a bit.
When you find here in the settings at this place a number 3, I recoment to change it to 0.
About yout trading results:
That's not bad, apart from the two open orders.
I find it a bit difficult to make both open orders, buy and sell positions, profitable because with 10 cents, then with gold USD, and such a bit money in the account. That can quickly become a nightmare.
In addition, the buy order also brings daily negative swap costs.
If you try to have the support and resistance lines in the background on the chart to orient yourself, I am convinced that you will have even better performance.
I think this should be the basis of every chart, but it's a matter of opinion.
I really like Dr Rajesh's trading system, I've written about it a few times. What I like best are the entry signals.
I deleted all the other things, now there are only 2 trading systems that I work with, that's his and mine.
Ok, I don't want to bore you with so many things. You know now, what you could do.
Kind regards
Don't trade because you think you have to do something.
- #314
- Jun 22, 2024 8:06pm Jun 22, 2024 8:06pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
Identifying false breakout (also read the document on the same).
This is H4 chart of GBPUSD.
As described in the document and the pic, we identify the false breakout on H4 chart. 
To get a earlier entry, go to H1. The candle which satisfies all our criteria is our entry candle.
After entry go back to H4 to monitor your trade. Now as long the red rsioma is below Magenta and APB candles are bearish it is safe to remain in trade.
And trail SL at TE 21.
Everything as per guidelines.
This is how all indicators work in tandem.
This is H4 chart of GBPUSD.
As described in the document and the pic, we identify the false breakout on H4 chart.
To get a earlier entry, go to H1. The candle which satisfies all our criteria is our entry candle.
After entry go back to H4 to monitor your trade. Now as long the red rsioma is below Magenta and APB candles are bearish it is safe to remain in trade.
And trail SL at TE 21.
Everything as per guidelines.
This is how all indicators work in tandem.
- #315
- Edited 8:31pm Jun 22, 2024 8:10pm | Edited 8:31pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
{quote} Hi Worsman. SS_SupportResistance_v07.53_BT I don't want to bore you with so many things.
Also please feel free to share the support resistance indicator (if you want) as many members are requesting for it.
{quote} Hi Michael, please feel free to exoress your ideas and concepts. SL and Targets is a grey area for everyone. Also please feel free to share the support resistance indicator (if you want) as many members are requesting for it.
Ok, thank you, I will do so.
Best regards.
Don't trade because you think you have to do something.
Identifying false breakout (also read the document on the same). This is H4 chart of GBPUSD. As described in the document and the pic, we identify the false breakout on H4 chart.{image} To get a earlier entry, go to H1. The candle which satisfies all our criteria is our entry candle. {image} After entry go back to H4 to monitor your trade. Now as long the red rsioma is below Magenta and APB candles are bearish it is safe to remain in trade. And trail SL at TE 21. Everything as per guidelines. This is how all indicators work in tandem.
Best regards
Don't trade because you think you have to do something.
Hi,
I don't speak English, I use a translator. And I have a little over 15 years of experience in Forex. I am a very very old man.
I simplified a lot. Only kept what is useful to the strategy. Kept only for example, the Ma 3; 6; 9; 51 for visual signals, SL evolution and trend. And we could still simplify that too.
The graph is more airy, more readable, more visual. Less “Christmas tree” overloaded.
Rajesh Reversal is in fact an old indicator (reviewed, redone by "jeanlouie", then by the Dr who renamed it) and I am surprised that in all this time no one has noticed the excellence of the signals... excellence if it doesn't repaint? As well as Rajesh GLH Histo (old indy renamed)?
I also fired APB because I like to see what the prices are really doing. Which does not modify the signals at all.
Added the very important "Support and Resistance" (with a button on the side).
There you go, I'm not quite finished and of course I won't post here so as not to bother this thread
This is just to show you what can be done simply and effectively with the same indicators.
Santé
jean-françois
I don't speak English, I use a translator. And I have a little over 15 years of experience in Forex. I am a very very old man.
I simplified a lot. Only kept what is useful to the strategy. Kept only for example, the Ma 3; 6; 9; 51 for visual signals, SL evolution and trend. And we could still simplify that too.
The graph is more airy, more readable, more visual. Less “Christmas tree” overloaded.
Rajesh Reversal is in fact an old indicator (reviewed, redone by "jeanlouie", then by the Dr who renamed it) and I am surprised that in all this time no one has noticed the excellence of the signals... excellence if it doesn't repaint? As well as Rajesh GLH Histo (old indy renamed)?
I also fired APB because I like to see what the prices are really doing. Which does not modify the signals at all.
Added the very important "Support and Resistance" (with a button on the side).
There you go, I'm not quite finished and of course I won't post here so as not to bother this thread
This is just to show you what can be done simply and effectively with the same indicators.
Santé
jean-françois
