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Say Good-bye to Buy-and-Hold
MACDForest + Directional Movement System in MetaTrader 5 replies
Directional Movement Index For MT4 0 replies
Directional Movement Indicator Strategy 14 replies
GBP/USD daily pip movement vs. EUR/USD daily pip movement 3 replies
What DI interval, DX period and smoothing period for directional movement indicator? 5 replies
DislikedI can't seem to find any valid signals appearing or are yet to happen.
There are a few signals that have happened, which you could enter late, but that just increases the chances of a reversal or retracement putting you in
-pipland.
So as the best traders do, its best to wait for a good setup than go in hastely.Ignored
DislikedFor those of you without your own, attached are a couple of scripts to help get in quickly. You can set your stopstp's as either pips or price.
Ignored
DislikedA potential setup is LONG USD/CHF.
According to the rules this pair is not valid yet, but over the next
1-2H this could develop into a valid signal, where the ADX is >20
and the ADX has risen since its last candle
+DI is still at 18 and rising..
MACD is not confirming the signal..
One to watch. Wait of the close of current candle or next candle.Ignored
DislikedThe potential LONG USD/CHF never formed and now it looks like at the end of this hour a short USD/CHF is forming.
Watch this pair as it looks like the long LONG trend, seem to now have decided to reverse.Ignored
DislikedGot a -16 pips on uc this morning on opening Eurozone market + news release. The market was consolidating and I entered on a valid signal.Ignored
DislikedI was analysing the yesterday losses. The e/c pair made a retracement and I exited too early. Looking to the rsi trend line I would have stayed in up to the final consolidation at 1.51 level.
Not bad...Ignored
DislikedI closed the AUDNZD, didn't feel safe with the trade as it was touching a longer term trend support line (shown on graph).
I made a small profit of +4pips.Ignored