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WM4X tools (dashboards and other useful programs)

  • #181
  • Nov 20, 2025 7:43pm Nov 20, 2025 7:43pm
My settings and suggestions for default colors on the PowerMeter Dashboard

AUD - True Blue
CAD - Red, obvious
CHF - Neutral, white of course
EUR - DeepPink, most opposite to USD
GBP - Aqua, nice and bright
USD - LimeGreen, greenback of course
JPY - Magenta, shouts watch me!
NZD - PeachPuff, don't ask an Aussie

Attached Image (click to enlarge)
Click to Enlarge Name: 2025-11-21_11-11-46.jpg Size: 139 KB


It takes a lot for me to IGNORE you, but you can try.
  • #182
  • Nov 21, 2025 5:06am Nov 21, 2025 5:06am
Quoting Erebus
My settings and suggestions for default colors on the PowerMeter Dashboard AUD - True Blue CAD - Red, obvious CHF - Neutral, white of course EUR - DeepPink, most opposite to USD GBP - Aqua, nice and bright USD - LimeGreen, greenback of course JPY - Magenta, shouts watch me! NZD - PeachPuff, don't ask an Aussie {image}

Only one adjustment to GBP (aqua) >> surrounded by water
  • #183
  • Nov 21, 2025 12:05pm Nov 21, 2025 12:05pm
To be honest, I'm not a big fan of CSM-type indicators (I only created the indicator because I see that there is a high demand for it), but after seeing it again two posts earlier, I tried out a new idea based on my WM4X-CSM-DB.
I'm showing you the results below. It's interesting, and I'll probably test it more thoroughly next week.

Gif image (click):
Attached Image (click to enlarge)
Click to Enlarge Name: WM4X-CSM-DB trades.gif Size: 190 KB



For newcomers:
Please do not download the indicators from the posts, as they are older versions.
The latest versions can be found in the opening post:
https://www.forexfactory.com/thread/...seful-programs
  • #184
  • Nov 28, 2025 10:12am Nov 28, 2025 10:12am
Gif image (click):
Attached Image (click to enlarge)
Click to Enlarge Name: WM4X-CSM-R trades.gif Size: 1.0 MB
  • #185
  • Nov 28, 2025 9:44pm Nov 28, 2025 9:44pm
Quoting WM4X
{quote} Only one adjustment to GBP (aqua) >> surrounded by water
Actually, EUR and JPY are too close, need to adjust one of those. Looking at Dark Green

Attached Image (click to enlarge)
Click to Enlarge Name: 2025-11-29_13-47-50.jpg Size: 112 KB


PS: AUD is also surrounded by water, by coincidence!
It takes a lot for me to IGNORE you, but you can try.
  • #186
  • Nov 29, 2025 10:23am Nov 29, 2025 10:23am
Quoting Erebus
{quote} ... EUR and JPY are too close...
9720 km!
  • #187
  • Nov 30, 2025 4:08pm Nov 30, 2025 4:08pm
Quoting WM4X
{quote} 9720 km!
Check out market open on new month
Attached Image (click to enlarge)
Click to Enlarge Name: 2025-12-01_8-05-46.jpg Size: 116 KB

Ho Ho Ho
It takes a lot for me to IGNORE you, but you can try.
  • #188
  • Nov 30, 2025 5:08pm Nov 30, 2025 5:08pm
Quoting Erebus
{quote} Check out market open on new month {image} Ho Ho Ho
Haha, yes, the start times of all TFs are the same for a short time at this point.
What a peaceful sight, this is timelessness itself!
  • #189
  • Nov 30, 2025 7:25pm Nov 30, 2025 7:25pm
Current deals:

Attached Image (click to enlarge)
Click to Enlarge Name: WM4X-CSM-R-DB.gif Size: 911 KB
  • #190
  • Edited 1:34pm Dec 8, 2025 1:12pm | Edited 1:34pm
From time to time, I post trading ideas in this thread if there is demand for them.
Disclaimer: these are not financial advice, of course; if you trade them, it is entirely your responsibility.


EURUSD H1
Wherever it leaves the purple-red triangle, it will most likely continue to the given median line, approximately 100 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDi_H1_WM4X_forks.png Size: 43 KB



AUDNZD H4
If it leaves the yellow-red triangle upwards, it can go 80-100 pips until it reaches the yellow median line.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDi_H4_WM4X_forks.png Size: 39 KB


CHFJPY H4
Here, I expect the yellow fork to nicely lead the price to the red median line (120-130 pips). If it breaks out of the yellow fork upwards, it would invalidate the tip.
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYi_H4_WM4X_forks.png Size: 37 KB
  • #191
  • Edited 5:37am Dec 9, 2025 5:00am | Edited 5:37am
Quick update:
Although I still expect it to go to the median line, CHFJPY tip deleted as it broke out of the fork (dashed) upwards.
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY_H4.png Size: 5 KB


AUDNZD valid, further confirmation (for yellow fork) at the arrow.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD_H4.png Size: 6 KB


EURUSD nothing new, valid, still in the triangle.
  • #192
  • Dec 18, 2025 12:09pm Dec 18, 2025 12:09pm
The essence of this method, which I call "Simplified Fork Method," is as follows:
Attached Image (click to enlarge)
Click to Enlarge Name: WM4X fork.png Size: 59 KB

Attached Image (click to enlarge)
Click to Enlarge Name: WM4X_Fork.png Size: 40 KB
  • #193
  • Dec 18, 2025 12:12pm Dec 18, 2025 12:12pm
An example of a good-looking current fork.
The price returned nicely to the purple fork's (2) median line. This point marked the C pivot of the red fork (1), and the price started moving towards the red median line with two confirmations. TP at the red median line, SL below the lower red parallel, RR approximately 6:1.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYi_H1.png Size: 28 KB


Image H4 shows that the entire story takes place along the median line of the blue (4) fork.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYi_H4.png Size: 31 KB
  • #194
  • Edited 7:06am Dec 19, 2025 5:21am | Edited 7:06am
Check out my previous post and then look at this beauty:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYi_H1.png Size: 29 KB



After another confirmation, the price rose towards the red (1) median line, as expected. Near 4R (110 pips) out of the expected 6.
The yellow (0) fork caught it, from here it may go down for a while, then may turn back to the main direction again.
  • #195
  • Dec 19, 2025 7:39am Dec 19, 2025 7:39am
Quoting WM4X
Check out my previous post and then look at this beauty: {image} After another confirmation, the price rose towards the red (1) median line, as expected. Near 4R (110 pips) out of the expected 6. The yellow (0) fork caught it, from here it may go down for a while, then may turn back to the main direction again.
Very good forks. I see another black Andrews PF that price just broke above, and is trying (?) to hold onto for a retest, though the pullback is rather small.

I would also relocate the pt1 (aka "A") of the red PF as shown. The retests of the red LML are even more accurate, although the 2nd one is at the daily rollover, so no one can get a decent Ask price at that moment (but a few hours later, is a 3rd near approach one might have been able to).
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #196
  • Edited 8:05am Dec 19, 2025 7:49am | Edited 8:05am
Quoting pips4life
{quote} Very good forks. I see another black Andrews PF that price just broke above, and is trying (?) to hold onto for a retest, though the pullback is rather small. I would also relocate the pt1 (aka "A") of the red PF as shown. The retests of the red LML are even more accurate, although the 2nd one is at the daily rollover, so no one can get a decent Ask price at that moment (but a few hours later, is a 3rd near approach one might have been able to). {image} {image} {image}
Very nice work, this is already at the level of art connoisseurs. One can spend a long time studying them, they are a real treat for fans of the genre.
Congratulations!

For my part, I try to use a highly simplified, possibly automatable approach. The forks you can see in my pictures are also automatic.
And here is another approach, GIF image (click):
Attached Image (click to enlarge)
Click to Enlarge Name: Forks.gif Size: 346 KB
  • #197
  • Edited 11:20am Dec 19, 2025 7:51am | Edited 11:20am
Here's another set of PF's. The black PF just had a near approach 20 minutes ago.

(I prefer not to clutter your tools thread with live charts. May I suggest you start another discussion thread for live setups of Pitchforks and others? )


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB


Edit: Ultimately, the UCa black PF LML did not hold. Price broke through for a classic wash & rinse, and is now rising again. The AJ, however, did a nice 51p bounce up off its black ML, and barely overshot the plum PF.

I also rushed when creating my chart. The red and blue PF's should not have their pt3 ("C") pivots as above, but rather as below. The black PF was fine. As one can see, the red PF provided some targets (though overshot) at the ML, then perhaps more targets as it fell to the LML (also overshot a bit).

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
  • #198
  • Dec 19, 2025 7:58am Dec 19, 2025 7:58am
Quoting pips4life
Here's another set of PF's. The black PF just had a near approach 20 minutes ago. (I prefer not to clutter your tools thread with live charts. May I suggest you start another discussion thread for live setups of Pitchforks and others? ) {image}
Unfortunately, I don't have enough time to start an interactive thread, which I would have to manage.
But I may post in the existing fork thread from time to time.
  • #199
  • Dec 19, 2025 11:12am Dec 19, 2025 11:12am
Quoting WM4X
Check out my previous post and then look at this beauty: {image} After another confirmation, the price rose towards the red (1) median line, as expected. Near 4R (110 pips) out of the expected 6. The yellow (0) fork caught it, from here it may go down for a while, then may turn back to the main direction again.
Beautiful. Near 6R (140 pips).
The red (1 - formerly purple) fork has stopped it for now, but it could still go up 30 pips if it breaks through the upper red parallel and goes up to the yellow (0 - formerly red) median line.
The fork's legs are steering the price incredibly nicely; this is a true leading indicator. It doesn't follow the price, it leads it!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYi_H1.png Size: 29 KB
  • #200
  • Edited 3:23pm Dec 22, 2025 3:11pm | Edited 3:23pm
Just a quick follow up (check out the previous posts, started here): TP reached, 175 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYi_H1.png Size: 31 KB
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