Disliked@the-game
Hi, the thick white line is Moving Average (MT4 provided) with period of 50, and MA method simple.Ignored
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Disliked@the-game
Hi, the thick white line is Moving Average (MT4 provided) with period of 50, and MA method simple.Ignored
DislikedI have the one that JMW1970 posted (post 1706) !Retrace finder. Probably I will have to use the same you use WoMaie.
BTW very nice trades guys, keep it up!Ignored
DislikedI have a problem with the !Retrece Finder. It dosen't alert for bullish retracements. Do you have the same problem or is it just mine?Ignored
Dislikeddid you read ALL of the post that the indicator was attached too?
the indicator you downloaded requires you to have the indicator "TMA Called" in your indicator list (does not need to be on the screen)
without this it the alerts are not correctIgnored
DislikedI ignore the TMA when the retracement has been at least 38.2
Sorry but what do you mean by "retracement has been at least 38.2"
in strong trending markets waiting for a retrace back to the mid/or opposite line might never happen
This is what I have found out, and missed a lot of 30+ pip trades. Now I will do better. Thank You!Ignored
Dislikedin a long trend
put a fibonnacci from the low to the high (so the zero line is at the high), then look for a retrace at least to the 38.2 line
in a short trend the reverse
if you look at the audusd open picture i uploaded you can see my fib.
fibs are used quite a lot in various retracement methods, i just also use it in this oneIgnored