Trade What You See - Almost Naked Trading

Usually means u haven't got a 3 period rsi actually on your chart

Yes, I have the RSI indicator on every chart. The only changes I made were to add the 50 line and change the 14 to 3.

Sorry then Mary I can't help. Maybe gpse or scrutch will come to your aid.

Thanks for giving it a try.

Mary...PM me please.

Valid H4-3T
RSI's all down
Just now trying to push through support

Valid H4-3T
RSI's either strong up or weak up
Pushing through resistance

Right click on your chart. Choose Indicator List. left click on the second window RSI. Click the edit button. in the top box Change period from 14 to 3 and save your changes. delete the RSi you have on your chart and then put on the new one.

Is the current eur/jpy 4H a valid 3tap, given that its the last 3 candles?

I'm seeing it as a potential H1 4C BO trade. I don't see a 3 Tap trade at all.

PA has changed on this pair since you posted. Daily PA has been trading in a ditch, tight range almost all month. It will do something sooner or later.

Potential H1 4C BO trade.

Sorry.....EURCAD.....Potential H1 4C BO trade

What I'd love would be for the list of pairs to reorder themselves instead of always being alphabetical. All arrows up at the top, all down arrows at the bottom, etc, so I'd be able to see a group of long candidates at the top and short candidates at the bottom. Ones in the middle would be in transition and also worth watching as they come into alignment. All the best to all. Lynn



Quote:
Originally Posted by Scrutch
Ok folks...a nice big round of applause for gspe if you will.

I've been communicating with gspe the last few days and he has been kind enough to almost completely redo his indicator for us. This is an indicator so it needs to be placed in the indicator folder and MT4 will have to be rebooted for this file to compile so you can use it. Experienced users can open it with MetaEditor and compile it and be done.

Default location is the upper right hand corner with enough room left for an Expert to show up. The indicator can be moved...
Thank You Very Much gspe again.
i just modified your indicator
And here is some fetchers that helping me with this method :

TR- mean trend direction (Thumbs up or down) - When 4h-1d &1w TF's is in the same direction.
Added option to take the monthly in TR checking.
Added an alert option (pop up text) when TR is changing to up or dn.
1h not in TR checking.
Option to show or not the 1H arrow.
Some color option

(Sorry with my broken English)
Enjoy it .
Ofer

H1 4C BO trade setting up now.

I'm with you.. Same thing happening on GBPUSD, EURJPY, EURCAD, EURGBP, very interesting, these charts are almost identical...

isn't this also a H4 3 tap trade?

I'm not seeing it as a tap trade, but often they are both.

Yes, and so is EURCAD and EURGBP... PA very sluggish though. Asian session... hate it..

But then again, LG is the boss.. My chart looks slightly different, looks like 3 taps on mine too.. anyways, good setup either way. wait for trigger.