morning all well someone had to have made some money last night it looked like santa trimming the tree with pips lol, choices, choices ,choices . let me clear up 1 thing the close of the 600gmt means just that when that candle closes from then on i look for signals. what i do when i get 5 signals and 1 of them is gbpjpyis i take 2 and go for 25 pips each the other in this case is eurjpy for obvious reason because yen is strengthening so i was able to grab 50 last night total back to 145 pips for week some may ask why dont i go for more well if someone could come up with some magical indicator to show that the price wont snap back i am all ears but to capture 50 pips for a day is fine with me
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The BBflat indicator would be the best for exits that I can find. Next would PSAR.
Hi Harold, just want to know if there's different result for different broker. My demo broker is Alpari, it's server time is GMT+1
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If you use Harold's signal's from his daily bars, you should have the same results. Everyone's hourly bar's end at the same time. This makes me wonder if it would be better to choose a broker that had a daily bar end closer to prime trading time.
Does anyone know how to change when the daily bar ends on mt4? Is that even possible?
Doe anyone know how to make this indicator show both long and short arrows?
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You have to manually change the DailyDirection value based on the daily bar's close. Valid entries are up or down. You can blank it out to keep from showing signal arrows when the daily bar gives no signal.
You have to manually change the DailyDirection value based on the daily bar's close. Valid entries are up or down. You can blank it out to keep from showing signal arrows when the daily bar gives no signal.
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That's correct. It would be nice on the daily if it would show both. I would like to see valid entries changed to up, down, or both.
tomorrows signals same as today long cadjpy the other 5 pairs are short watch out for eurcad and gbpusd oversold stocs. yes after the close of the 600 gmt candle (which is 2 am est) if all indicators are in place i enter
You have to manually change the DailyDirection value based on the daily bar's close. Valid entries are up or down. You can blank it out to keep from showing signal arrows when the daily bar gives no signal.
That's correct. It would be nice on the daily if it would show both. I would like to see valid entries changed to up, down, or both.
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Ok, in the interest of stopping posts where some people may still believe that a BULL or BEAR daily close has ANYTHING to do with this system. I have modified mikep's indicator to show both up and down arrows at the same time.
**** ONLY, ONLY, ONLY use this to help you determine what the daily direction actually is. (up or down). DO NOT trade with this modified version on the 1hr TF! Use mikep's real indicator for that, with the proper daily direction inputted.
(If you trade both directions at the same time then you are NOT trading The Key to the Mint system)
Ok, in the interest of stopping posts where some people may still believe that a BULL or BEAR daily close has ANYTHING to do with this system. I have modified mikep's indicator to show both up and down arrows at the same time.
**** ONLY, ONLY, ONLY use this to help you determine what the daily direction actually is. (up or down). DO NOT trade with this modified version on the 1hr TF! Use mikep's real indicator for that, with the proper daily direction inputted.
(If you trade both directions at the same time then you are NOT trading The Key to the Mint system)
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Thanks! Didn't mean any confusion. Of course you always trade with the daily trend signal because that is the key to the mint.
Thanks Howard for the reply. That explains why I didn't see many of the possible trades you mentioned during this past trading session. I was thinking you had to wait for a fresh signal.
Interesting short positions. I see no MAs crossing on my Alpari chart for G/J but there was a valid short for G/CHF at 2.2946 at the close of the 0600 GMT candle.
Interesting short positions. I see no MAs crossing on my Alpari chart for G/J but there was a valid short for G/CHF at 2.2946 at the close of the 0600 GMT candle.
The BBflat indicator would be the best for exits that I can find. Next would PSAR.
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Hi FXshadow,
I like this indicator you posted and I have a couple of questions about it. On the instructions word doc. you posted it says, to put an 18 period BB on chart with a 3 EMA. On the indicator the default setting says period 9 with a 1.5 deviation. Should the period be 18 to match BB on chart or leave it at default 9? Also should the deviation on 18 BB on chart be 2.0 or 1.5 to match the indicator deviation? I'd appreciate any clarification you could give me on these settings.
Thank you very kindly and have a great trading day.... T-Wolf
