Moutek made me go wrong or i have made mistake in analysis? | Forex Factory

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Moutek made me go wrong or i have made mistake in analysis?

  • #1
  • First Post: Edited 3:59am Aug 1, 2007 3:58am | Edited 3:59am
Please answer me on quetion:

in these chart below have i made correct analysis with mouteki system or i had made incorrect analysis?

http://www.imagehosting.com/out.php/i981862_USDJPY.JPG
  • #2
  • Aug 1, 2007 4:16am Aug 1, 2007 4:16am
Quoting giogio15
Please answer me on quetion:

in these chart below have i made correct analysis with mouteki system or i had made incorrect analysis?
Hi giogio15,
When I draw Mouteki lines, I like to see the 2 bars on either side of the 2 points, to be below/above the Mouteki line. In your chart, the first point had it's second bar already above the Mouteki line, which will not give you a true signal. Also, if you'd noticed the Pin Bar that formed afterwards, you'd have gotten out of the trade for a small loss.

Take Care
Habeeb
Attached Image
Keeping it Simple
  • #3
  • Aug 1, 2007 4:36am Aug 1, 2007 4:36am
ok thanks for your attention to my thread-))
  • #4
  • Aug 1, 2007 4:38am Aug 1, 2007 4:38am
Hey,

Check out more info on PIN BAR. Attach is the PDF file. I got it from one of the forums here at the factory.

thx
Attached File(s)
File Type: pdf Pin bars-advanced-1.pdf   113 KB | 1,871 downloads
File Type: pdf Pin bars-introduction-1.pdf   175 KB | 1,614 downloads
Thanks and Regards Zamir M Iqbal
  • #5
  • Aug 1, 2007 4:43am Aug 1, 2007 4:43am
Thank you too!
  • #6
  • Aug 13, 2007 4:17pm Aug 13, 2007 4:17pm
Quoting giogio15
Please answer me on quetion:

in these chart below have i made correct analysis with mouteki system or i had made incorrect analysis?
Try this indicator. It will plot the lines correctly and you can see how they're correctly formed.
Save to .../experts/indicators folder in your MT4 platform's program folder.
Close MT4, re-open and the file will be compiled ready for use.
There are various options you can set in the 'Inputs' box. Hope it helps.
Attached File(s)
File Type: ex4 D-Mouteki v3.32 personal.ex4   62 KB | 2,679 downloads
  • #7
  • Aug 15, 2007 1:32pm Aug 15, 2007 1:32pm
Quoting PeterFM
Try this indicator. It will plot the lines correctly and you can see how they're correctly formed.
Save to .../experts/indicators folder in your MT4 platform's program folder.
Close MT4, re-open and the file will be compiled ready for use.
There are various options you can set in the 'Inputs' box. Hope it helps.
Great indicator Peter, thanks for posting! Is it yours or did someone else write it? I just would like to have a little documentation, as without source I can't go figure it out by looking at the code--I'd like to know a little bit more in particular about the "Trend" option.
  • #8
  • Jan 21, 2017 5:35pm Jan 21, 2017 5:35pm
The truth is market move in random and no indicators or analyst can predict exact market move, so if your analysis or indicators gives different results its just part of the very nature of market unpredictability no big deal about it...just make sure that your methodology can bring more winners than losers in the long run to make you profitable, that if you can be discipline in following your trading rules?
  • #9
  • Last Post: Jan 21, 2017 7:52pm Jan 21, 2017 7:52pm
Quoting PeterFM
{quote}Try this indicator. It will plot the lines correctly and you can see how they're correctly formed. Save to .../experts/indicators folder in your MT4 platform's program folder. Close MT4, re-open and the file will be compiled ready for use. There are various options you can set in the 'Inputs' box. Hope it helps. {file}
Thanks for that one, the one I had was pretty good already however

If you use a fractal indicator such as attached, it makes it easy to see where the trend lines are drawn from

Also, if you miss the trend line entry, you can still catch a trade days later

Good trading to all, John

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-22_11-46-44.png Size: 25 KB
Attached File(s)
File Type: zip FractalsMod.zip   11 KB | 768 downloads
It takes a lot for me to IGNORE you, but you can try.
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