Been testing that, Ron. But it's not the same as identifying a trend on the minute chart.
think about it, each bar or candle represents activity for a certain amt of time.
On a thirty minute chart a signal line or a 30 ma would account for say the last 30 bars or candles (each composed of 30 minutes of activity), not just the last 30 minutes, like a 30 ma on a 1 min chart would.
The best thing I've found so far is to place a color coded vertical line through the bar on the 30 minute (only after it closes) and use that marking on the 15m, 5m and 1m to identify the trends and subtrends...
This is the most exciting thing I've come across. The bbmacd helps to show the strength and reaffirm the direction of the trends and subtrends.
I'm gonna stick with this a while. Practice practice practice. The 10000hour rule makes a lot of sense. Can't expect and kind of expertise with less than 10000 hours of practice. Hey, pilots have to accumulate flying hours, right! Doctors have to put in internship hours.
I'm attaching all the indicators needed.
maximum of 7 files can be attached so the template will follow in the next post...(there's a way to upload a folder but haven't figured that out)
jiva...
think about it, each bar or candle represents activity for a certain amt of time.
On a thirty minute chart a signal line or a 30 ma would account for say the last 30 bars or candles (each composed of 30 minutes of activity), not just the last 30 minutes, like a 30 ma on a 1 min chart would.
The best thing I've found so far is to place a color coded vertical line through the bar on the 30 minute (only after it closes) and use that marking on the 15m, 5m and 1m to identify the trends and subtrends...
This is the most exciting thing I've come across. The bbmacd helps to show the strength and reaffirm the direction of the trends and subtrends.
I'm gonna stick with this a while. Practice practice practice. The 10000hour rule makes a lot of sense. Can't expect and kind of expertise with less than 10000 hours of practice. Hey, pilots have to accumulate flying hours, right! Doctors have to put in internship hours.
I'm attaching all the indicators needed.
maximum of 7 files can be attached so the template will follow in the next post...(there's a way to upload a folder but haven't figured that out)
jiva...
Attached File(s)
BB Macd.ex4
4 KB
|
291 downloads
EJ_CandleTimev2a.mq4
3 KB
|
326 downloads
EJ_CandleTimev2a.ex4
3 KB
|
287 downloads
MAColor.mq4
4 KB
|
319 downloads
MAColor.ex4
3 KB
|
283 downloads
Signal Line.mq4
4 KB
|
316 downloads
Signal Line.ex4
4 KB
|
267 downloads