The Most Important Task Is To Find The Correct Direction | Forex Factory

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The Most Important Task Is To Find The Correct Direction

  • #1
  • First Post: Jun 24, 2025 6:54am Jun 24, 2025 6:54am
i would like to share the direction finder arrow that i use
it may help traders to choose the correct direction then
this arrow is not for any entries.

if it does not help you then just ditch it please
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
Attached File(s)
File Type: ex4 Check Trend_oo7rAI.ex4   27 KB | 450 downloads
  • #2
  • Jun 24, 2025 7:09am Jun 24, 2025 7:09am
Quoting oo7rai
i would like to share the direction finder arrow that i use it may help traders to choose the correct direction then this arrow is not for any entries. if it does not help you then just ditch it please {image} {file}
I've seen your posts on the EURUSD thread with this indicator being part of your analysis. I really appreciate you posting this.
  • #3
  • Jun 24, 2025 7:56am Jun 24, 2025 7:56am
Quoting oo7rai
i would like to share the direction finder arrow that i use it may help traders to choose the correct direction then this arrow is not for any entries. if it does not help you then just ditch it please {image} {file}
Attached Image (click to enlarge)
Click to Enlarge Name: 2025-06-24_145505.jpg Size: 36 KB

Does your arrow also show the Buy Price?
Or is it fixed?

Also, what does the button do?
Because the text on the button changes, but nothing else.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #4
  • Jun 24, 2025 7:58am Jun 24, 2025 7:58am
Quoting BestTraderEv
{quote} {image} Does your arrow also show the Buy Price? Or is it fixed?
no, it just shows trending direction if you are trading 4H, 1H, 30M, 15M, 5M and 1M

the lable/ button is just for making aware of watching out the direction
  • #5
  • Jun 24, 2025 9:40am Jun 24, 2025 9:40am
once you get the correct direction (trend) then the life would be much easier for traders. you may be able to use simple supertrend, bb stops (AIZig) etc for entries/ exits.

this direction (trend) arrow lasts for at least a day.
  • #6
  • Jun 24, 2025 10:09am Jun 24, 2025 10:09am
Quoting oo7rai
once you get the correct direction (trend) then the life would be much easier for traders. you may be able to use simple supertrend, bb stops (AIZig) etc for entries/ exits. this direction (trend) arrow lasts for at least a day.
And how do we know that the arrow is actually pointing to the correct direction???
I am sorry, but what you are saying is total nonsense!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #7
  • Jun 24, 2025 10:17am Jun 24, 2025 10:17am
Quoting BestTraderEv
{quote} And how do we know that the arrow is actually pointing to the correct direction??? I am sorry, but what you are saying is total nonsense!
that is why you need to check it before applying anything - you would need to confirm if it is showing the correct direction. for me most of the time it is good. but if it is not for you then ditch it.
  • #8
  • Jun 24, 2025 10:29am Jun 24, 2025 10:29am
If we are going to check direction, we might as well not need it. In any given time and day many people (scalper, swing trader etc.) will enter the market at different points what will be the basis of the direction?
  • #9
  • Jun 24, 2025 10:35am Jun 24, 2025 10:35am
Quoting oo7rai
{quote} that is why you need to check it before applying anything - you would need to confirm if it is showing the correct direction. for me most of the time it is good. but if it is not for you then ditch it.
And how do we check the correct direction???
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #10
  • Jun 24, 2025 11:11am Jun 24, 2025 11:11am
Quoting oo7rai
{quote} that is why you need to check it before applying anything - you would need to confirm if it is showing the correct direction. for me most of the time it is good. but if it is not for you then ditch it.
Your explanation is not good enough.
Why all day?
Why check direction if i already have indicator ?
How does it work generally?
If is yours, you would know the logic and able to explain/express it
  • #11
  • Jun 24, 2025 1:40pm Jun 24, 2025 1:40pm
my 2nd trade in the same direction - usdchf 5min

traders need to forward test by themselves, in order to make sure if it is working for them.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
  • #12
  • Edited 3:23pm Jun 24, 2025 3:07pm | Edited 3:23pm
Quoting oo7rai
my 2nd trade in the same direction - usdchf 5min traders need to forward test by themselves, in order to make sure if it is working for them. {image}
So, you forgot to add that one should first consider a ton of other factors, and that arrow is just what???
It is useless, because you already know that!
And, also, it's obvious that the signal will "work" in a trending market.
Every signal works well in a trending market.
The problem begins when the signal is not working in a less trending or not trending market.

And another thing:
It's funny how traders like you pop-up suddenly when they hit a trending market... LOL!!!
All of the sudden you can show something that is "working"...!!! LOL
But, when it's not working, just sit quiet and wait untill the next opportunity to show off... LOL
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #13
  • Jun 24, 2025 8:49pm Jun 24, 2025 8:49pm
when the main direction (trend) arrow is pointed downside (sells only) then i would not take any buy signals
this makes sense for me, because i have tested its realibility.
i can not guarentee that this could be a 100% holygrail for you - you need to find out yourself - you can be responsible and productive for yourself.

there are hundreads of other indicators which dont work for me to find out what the correct direction is, and i would not use them, instead i ditch them silently and peacefully without making any fuss about it.

xauusd - 5 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
  • #14
  • Jun 24, 2025 11:41pm Jun 24, 2025 11:41pm
an additional dashboard for positive people.

a symbol changer with/ for the 'Check Trend_oo7rAI.ex4'
this indicator 'Check Trend_oo7rAI.ex4' must be inside indicators folder

if this does not make any sense please forget it.
Attached File(s)
File Type: ex4 !symbol changer - Check Trend_oo7rAI.ex4   22 KB | 262 downloads
  • #15
  • Jun 25, 2025 2:02am Jun 25, 2025 2:02am
Quoting oo7rai
an additional dashboard for positive people. a symbol changer with/ for the 'Check Trend_oo7rAI.ex4' this indicator 'Check Trend_oo7rAI.ex4' must be inside indicators folder if this does not make any sense please forget it. {file}
Hi oo7rai,

*) Is there any MTF version of this indicator ? Example: we are at TF M5 at the moment, and i want to know the direction of other TF , from M1-H4 (not only direction of M5) ?

*) Is it possible to know the direction of bigger TF than H4, may be D1 & W1 ??

Tq
Never Giveup learning &improving...
  • #16
  • Jun 25, 2025 3:09am Jun 25, 2025 3:09am
Quoting doggy7
{quote} Hi oo7rai, *) Is there any MTF version of this indicator ? Example: we are at TF M5 at the moment, and i want to know the direction of other TF , from M1-H4 (not only direction of M5) ? *) Is it possible to know the direction of bigger TF than H4, may be D1 & W1 ?? Tq
this trend directional indicator is not for daily and higher timeframe charts.


gbpaud - 5 mins
buys only for the 5th consecutive days today
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB
  • #17
  • Jun 25, 2025 4:50am Jun 25, 2025 4:50am
Quoting oo7rai
i would like to share the direction finder arrow that i use it may help traders to choose the correct direction then this arrow is not for any entries. if it does not help you then just ditch it please {image} {file}
thank you very much, excellent work
  • #18
  • Edited 8:08am Jun 25, 2025 6:16am | Edited 8:08am
Quoting oo7rai
when the main direction (trend) arrow is pointed downside (sells only) then i would not take any buy signals this makes sense for me, because i have tested its realibility. i can not guarentee that this could be a 100% holygrail for you - you need to find out yourself - you can be responsible and productive for yourself. there are hundreads of other indicators which dont work for me to find out what the correct direction is, and i would not use them, instead i ditch them silently and peacefully without making any fuss about it. xauusd...
So, the purpose of that arrow is to help You stay consistent.

It has absolutely nothing to do with the indicator being good, bad or anything.
It's a psychological trick wihch can work, but only for those who are able to always "follow the arrow".
And they still have to follow the rule "buy low, sell high".
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #19
  • Jun 25, 2025 12:19pm Jun 25, 2025 12:19pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting oo7rai
{quote} this trend directional indicator is not for daily and higher timeframe charts. gbpaud - 5 mins buys only for the 5th consecutive days today {image}


Hi, oo7rai

I have attached your indicator but I can not see your arrows.

What should I do to see it?

Thanks.



Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.2.png Size: 16 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 16 KB
  • #20
  • Jun 25, 2025 12:42pm Jun 25, 2025 12:42pm
Quoting jmmn
{quote} Hi, oo7rai I have attached your indicator but I can not see your arrows. What should I do to see it? Thanks. {image} {image}
you need to zoom out your charts with lower timeframes.
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