Walvekarraje, does the positioning of the stop loss seem correct to you?
- #1,561
- Jun 5, 2025 10:14am Jun 5, 2025 10:14am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
- #1,574
- Jun 7, 2025 7:41pm Jun 7, 2025 7:41pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
[Sir, When I place your indicator on my platform, it freezes. Can you help me with this?
{quote} Sí. Al usar marcos temporales más bajos, la plataforma se congela, especialmente en M1 y M5. No me di cuenta porque no uso estos marcos temporales. Una solución sencilla es reducir el número de barras donde se dibujan las flechas. Aquí hay una versión con barras limitadas a 200. Esto solucionará el problema...{file}
- #1,577
- Edited 7:52am Jun 8, 2025 7:26am | Edited 7:52am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
Hi team! Can I ask if the following are good trading opportunities that will come up soon?
The goal of this tool is to identify the precise entry candle with confidence by just looking at the chart in live market.The way to do it is go long when all the indicators are lime and go short when all are magenta.
CHART 1: the long entry has already triggered on the lime vertical line. though the instrument can rise further, the risk reward ratio may not be favourable. Also notice that all the rsioma are above 90.
CHART 2 : This instrument is clearly side ways. with a strong support and a trendline resistance. Either it has to break the resistance or support to enter a trade. this will be confirmed with all indicators turning lime or magenta. An upward break out will be very powerful and worth trading.
CHART 3: Definately a long trade as the price is arround the candle close af the vertical lime line. a good confirmation will be the magenta histogram turning lime.
CHART 4: Same as CHART 1.
CHART 5: (-9) candle was a good long entry when all were lime. Entry long now might face a resistance at previous high and so the risk reward may not be favourable.
CHART 6: Same as chart 1.
P.S. You will have to wait for the first candle of the week to close of whatever timeframe you are using to make a trading decision.
I might be wrong, this is technical analysis of the charts and it is impossible to predict markets.
- #1,578
- Jun 8, 2025 8:03am Jun 8, 2025 8:03am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
Hi team!
Good news is that i am developing a new indicator from scratch to suppliment this strategy and to make entries easier to identify. It is in a final stage and and the results are very promising. It calculates the trend strength and comes with a multi time frame dashboard. here is a snapshot of the tool (bottom subwindow) and the dashboard with potential entry points marked with vertical lines. It will take me a couple of weeks to finalise the indicator and dashboard.
Bad news is that i wont be sharing in this thread but it will be free for anyone who actively participates and post charts, comments, trades and positively support the thread.
It will take me a couple of weeks to finalise the indicator and dashboard.
