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Finding the trend

  • #581
  • Jan 17, 2025 11:01am Jan 17, 2025 11:01am
Quoting RiskFighter
So there have been a lot of talk on this thread that was out of the subject. Fine, I am happy when people are talking. But the purpose of this thread is to have a wise guess of the trend direction and which pairs are trending the most. If you can guess which way the pairs will trend - on beforehand, then any strategy will make you money. I like to trade a batch of the Forex pairs. But it is hard to analyze all 28 pairs, so this is a way to make a short cut and remove pairs that are not trending even before I begin my analysis. So this is my latest...
Hello RiskFighter. Good job !
  • #582
  • Jan 17, 2025 3:39pm Jan 17, 2025 3:39pm
Quoting acetrader
Hi RiskFighter, I like that handle as we should all be risk fighters. Do you consider the %R to be somewhat of a leading indicator? How has results been so far using the method as you described? Best of trades to you, my friend. _____________________________________________________________________
Hello Ace

%R is an excellent indicator. But I am not using it right now. I had a period where it did not give the expected benefit. But still fine as a confluence tool.

You should visit the Squeeze strategy by Machine Learn. I am using that for now. Very interesting.
MetaTrader 4 - so many advantages.
  • #583
  • Jan 17, 2025 6:39pm Jan 17, 2025 6:39pm
Quoting RiskFighter
{quote} Hello Ace %R is an excellent indicator. But I am not using it right now. I had a period where it did not give the expected benefit. But still fine as a confluence tool. You should visit the Squeeze strategy by Machine Learn. I am using that for now. Very interesting.

Hi RiskFighter,

Thank you for your response. I will take a look at the Squeeze strategy. Thak you.
  • #584
  • Jan 19, 2025 10:55pm Jan 19, 2025 10:55pm
The batch setup right now. All blue and maroon coloured instruments has the three MA's aligned and the last value of each MA is trending.

I use H4 as the batch is trading on M15. So at next H4 bar I will update the batch.

I am forward testing 3 robots using this batch setup. Is this method any good? I don't know. Just testing.
.
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  • #585
  • Jan 20, 2025 10:15am Jan 20, 2025 10:15am
Hi RiskFighter

Thanks

A very practical way to find trends.
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  • #586
  • Jan 20, 2025 12:53pm Jan 20, 2025 12:53pm
Quoting RiskFighter
So there have been a lot of talk on this thread that was out of the subject. Fine, I am happy when people are talking. But the purpose of this thread is to have a wise guess of the trend direction and which pairs are trending the most. If you can guess which way the pairs will trend - on beforehand, then any strategy will make you money. I like to trade a batch of the Forex pairs. But it is hard to analyze all 28 pairs, so this is a way to make a short cut and remove pairs that are not trending even before I begin my analysis. So this is my latest...
Can you please remove the pink one and green one, letting only blue and maroon. I think this way will be easier to focus on the right pairs.

Many thanks.
  • #587
  • Jan 20, 2025 3:54pm Jan 20, 2025 3:54pm
Quoting LucasFX7
{quote} Can you please remove the pink one and green one, letting only blue and maroon. I think this way will be easier to focus on the right pairs. Many thanks.
I do just click the close down button on those. It takes only 15 seconds to close down 5 to 10 charts.
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  • #588
  • Edited 1:27am Jan 21, 2025 1:12am | Edited 1:27am
This morning chasing the setup.

1st. screen is the CrystalBowl showing status on all the instruments that I trade.

2nd. screen is when I have closed the pink and the green charts. Now I know which pairs have the 3 MA's aligned at H4 and with the latest price in a still trending position. But from here you must make your normal analyzis. This is only a help to quickly remove obviously not trending instruments.

3rd. screen is a chart that I would not trade today even if the MA's are aligned at this very moment.
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MetaTrader 4 - so many advantages.
  • #589
  • Jan 21, 2025 1:30am Jan 21, 2025 1:30am
Here is another use. I trade the M15. Having this screen open I can in a glance see which pairs are not trending.

Are you trading only pairs with EUR or GBP? Then the second screen is for you.
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MetaTrader 4 - so many advantages.
  • #590
  • Jan 21, 2025 6:33am Jan 21, 2025 6:33am
Very nice.
  • #591
  • Jan 23, 2025 9:39am Jan 23, 2025 9:39am
Nice trade on AUDCHF. Two timeframes aligned make trading easier. CrystalBall is great.
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  • #592
  • Edited Feb 4, 2025 3:17am Feb 3, 2025 11:35pm | Edited Feb 4, 2025 3:17am
I find the Crystal Bowl very usefull. Only thing is, it is a little time consuming because I like to see the status on the MA's on several timeframes. (Top/Down analysis).

Then it´s nice to be a coder, because you can make anything you like. So, I have made this tool MultiTimeFrame. In one glance you get the statur on all timeframes from M1 to Daily.

It is on test right now and I have smart ideas to incorporate, so the release will be sometime later.

Subscribe to my profile, then you will get a notice when it is released.

At this chart the MA's are aligned nicely upward on all the timeframes. All arrows are pointing up. Here is a lot of nice trades waiting on the lower timeframes.
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  • #593
  • Feb 28, 2025 1:28am Feb 28, 2025 1:28am
Another approach to find the best charts to trade. At the buttom you find the Pips29 indicator. It is four different CCI bars showing the direction of the trend. Then I added my Traffic Light. It is the EMA's 20, 50 and 100. They need to be nicely trending and in the process of separating even more.

Now I close down the charts where the is a bad situation, leaving more room for the remaining charts. It reveals some more charts to close down. Gol is to end up with a screen of les than 10 charts which are trending nicely.

I use timeframe 30, because it goes back 24 hours on the screen.
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  • #594
  • Feb 28, 2025 1:32am Feb 28, 2025 1:32am
Quoting RiskFighter
Another approach to find the best charts to trade. At the buttom you find the Pips29 indicator. It is four different CCI bars showing the direction of the trend. Then I added my Traffic Light. It is the EMA's 20, 50 and 100. They need to be nicely trending and in the process of separating even more. Now I close down the charts where the is a bad situation, leaving more room for the remaining charts. It reveals some more charts to close down. Gol is to end up with a screen of les than 10 charts which are trending nicely. I use timeframe 30, because...
This way I ended up with those 8 instruments to trade today. I needed to go down to M5 in order to find enough charts to clo
MetaTrader 4 - so many advantages.
  • #595
  • Edited 3:53am Feb 28, 2025 2:06am | Edited 3:53am
Quoting RiskFighter
{quote} This way I ended up with those 8 instruments to trade today. I needed to go down to M5 in order to find enough charts to clo
Now set the Linegraf to a colour. I used the pink here. The linegraf shows the close of the bar.

What do we have? The best trending instruments in one glance - AND the pullback and bounce to the EMA 20. What do we know happens now? Yes a trend continuation which has been fueled and can give some nice momentum. Then go down to M5 and trade the beast.

Would anybody like to have an alarm when this happen? Maybe even on you phone so that you can do anything else when waiting for the setup??

Let me know.

Only MT4. The best trading platform we have.
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  • #596
  • Feb 28, 2025 5:13am Feb 28, 2025 5:13am
Well, using this methode you find thos very trending pairs and they might even not bounce to the 20EMA for days. Then you can add a 5EMA or 10 EMA or whatever is needed to catch some bounces.
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MetaTrader 4 - so many advantages.
  • #597
  • Feb 28, 2025 5:27am Feb 28, 2025 5:27am
Quoting RiskFighter
Well, using this methode you find thos very trending pairs and they might even not bounce to the 20EMA for days. Then you can add a 5EMA or 10 EMA or whatever is needed to catch some bounces. {image}
Hi RF,
Can you post template please?
Regards
Rob

Ok, I have it
Your trade order needs to be in the right place at the right time.
  • #598
  • Feb 28, 2025 5:33am Feb 28, 2025 5:33am
Quoting Islandfx911
{quote} Hi RF, Can you post template please? Regards Rob

Here you are. I will upload the Pips29 in a moment. - Done!
Attached File(s)
File Type: tpl CrystalCCI.tpl   4 KB | 188 downloads
File Type: ex4 Pips29.ex4   24 KB | 225 downloads
MetaTrader 4 - so many advantages.
  • #599
  • Feb 28, 2025 6:24am Feb 28, 2025 6:24am
Quoting RiskFighter
{quote} Would anybody like to have an alarm when this happen? Maybe even on you phone so that you can do anything else when waiting for the setup?? Let me know. {image}
we would be very happy (:
  • #600
  • Feb 28, 2025 6:30am Feb 28, 2025 6:30am
OK, here it is. One Indi coming up. Gives an alarm on screen and on phone if you like.

When I was in it, i thought I could just as well let it print alarm and send IPhone messages when a chosen level is broken.

I have not tested the Level Alarm function, so don't trust it until you see it is working. And please let me know if it is not working.

The EMA alarm is tested and it works like a charm.
Attached File(s)
File Type: ex4 Alarm.ex4   9 KB | 173 downloads
MetaTrader 4 - so many advantages.
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