{quote} 2 questions from this picture: 1. Maybe you take only the first "gann aligning" after it changes on M30? 2. Could you please provide your logic of the SL\TP for this trade? (we see lashes higher you SL and levels more near then your TP) Thank you for all your sharring!
{quote} Once the M30 candle closes and the Gann Line is drawn in alignment with M5 and M15, I take the trade. My conceptual target is around 50pips, however, this setup gives around 130pips from the star trigger on M5. I obviously don't enter the trade on the star, so can't collect all 130. I set my TP as high as possible, then monitor price momentum. If there is a lot of momentum, I try to collect as many pips as possible. I always manually close the trade when I sense exhaustion in the momentum. {image} I just go out of this trade with 72pips...
{quote} Hi PereRaphael, Thanks for sharing your experience and insight. If you don't mind, it would help me if you could point me in right direction on setting up 3 tf screen like yours. When I use Guppy template, it comes with with same screen as ours for 15m but not for 5 and 30m. May be I am missing something so thought I would seek some information. May be the indicators use on those tf or template file would be helpful. Thankyou.
Today I achieved that while learning this system, and working through my trading demons. The last three trading days, I found a setup that works for me, and I use it as a traffic light system, which has been very helpful, and stops me from taking impulsive and reckless trades. I am still work in progress.
{quote} Let me also help you. Unzip Doctor's indicators and templates to the right subfolders of your MT4 Data folder: https://www.forexfactory.com/attachm...4?d=1722178274 Unzip the folder Guppies Rafa from my attachment to your profiles folder (mine is C:\Program Files (x86)\Tickmill MT4 Client Terminal\profiles). Then load your new profile:
This my todays trade on H4 {image} TE 51 alert indicating change to downtrend. Both histograms magenta.
Hello Doctor! {quote} Does Histogram repaint? To much as for broker difference
{quote} I dont mean to be rude but i will insist again.... Study , understand, use this system to your benifit as you please but dont confuse and complicate by posting diffrent templetes and indicators. I respect tiptoptrade for using indicators and developing reversal trades and starting a new thread to to float his ideas. https://www.forexfactory.com/thread/...-cap-reversals "If you loose, you learn why. If you win you learn How. Rinse and repeat!"
