looks wonderful
but i don't quite get it.
but i don't quite get it.
Trend Follower m1 Scalping WITH m5 Revised Rainbow Setup 56 replies
The Fibonacci Rainbow 17 replies
Watch My Blue Rainbow 28 replies
Rainbow Patterns/Observations 171 replies
rainbow ema mma quick questions.. 3 replies
DislikedHey Q,
Since you're using line chart it doesn't show the High & Lows of the 1min bars, so, do you wait for the close of the current bar to verify it closed above the last pick (S/R line)? or you enter as soon as the pick is penetrated ?
This obviously change the backtesting & forwardtesting of your strategy.
thanks in advanceIgnored
DislikedTwo Comments:
Check the "Chart on Foreground" box in options. This will put your line chart on top of the MA's and make it more readable
Also,
If you Really want to use metatrader for this (most cyrox folk use Ninja Trader and go on 1 sec time frame) then Ikon Royal is best.
Ikon has 1 pip spread for e/u and 2 for e/j Check it out. It really matters when you are scalping the rainbow.
MikeIgnored
DislikedHere are the graphs EU this morning GMT.
If there are entries, could you indicate them with an arrow and why ?
Thanks.Ignored