The signs are all for a short, but I wouldn't get in the trade untill PA moves beyond that double bottom.
We'll see what happens
We'll see what happens
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DislikedThe signs are all for a short, but I wouldn't get in the trade untill PA moves beyond that double bottom.
We'll see what happensIgnored
DislikedWaited for them all to line up, fortunately allowed a little retace before taking the eur/jpy trade (otherwise we might have been stopped out then DOWN she goes. +7. Can I go to bed now?Ignored
DislikedHi Zack,
It really seems you have a different and working Fish indi because like mentioned earlier, the one I have also repaints badly and is late to change its mind when it's in the wrong direction. Doomed to fail with the one I have, using the settings in earlier posts.
Could you please post yours so we can have a test at it?
Many thanks in advance.Ignored
DislikedBeen away learning to trade on PA etc.
4xStar thanks for saving all the info you had on Nitro, & starting this thread.
Is it possible to use Renko charts in MT4 strategy tester?
Will read the thread this weekend & hopefully be posting some nitro charts & trades next week.
Have a good one........
45Ignored
DislikedYou just can't use them alone... they can be great, some of the best indicators ever made people claim are repainting, more like
live actual data that updates, but regardless.. you just can't
use them alone. You have to have solid confirmation from
non mtf non repainting sources, ie price action, ma/lwma color
change, stoch, macd, rsi.. etc etc etc
Here is the snakeforce multimeter I use, I personally
love it for trend confirmation per don c's question
earlier. I use the new mtf snakeforce on my
regular charts as well (not renko for that one)...Ignored
DislikedThere may be a brand new free version that works,but as of a couple of weeks ago the free version did not work as it did not use tick data.Ignored
Dislikedsure thing...
here you go.
The attached one is what I use. YES, I know, it repaints hardly, BUT... if you still interested. Put this on your chart, and watch. Don't do anything, just watch.
You won't be disappointed. My screenhours with this indicator is approx 60 or more... till I could decide, what is important.
Have a great weekend guys.Ignored
Disliked45FXguy
Thats a neat presentation of all of the JPY pairs on one chart. Do you find this helps in seeing correlation in real time? Certainly appears to do so as shown. How did you do that? Might be nice to cram a small window on the screen somewhere to keep an eye on the overall action.
I have been watching Fish for a few days and I like it but I don't think it could be used in back testing. I am also reluctant to add back wriggly lines having worked so hard to minimise the chart spaghetti!!
Regards...Ignored