Disliked{quote} hi, I remember post 25280, I put there all is needed to set the 4hrs macd strategy, go take a look,Ignored
edit: also is there a way to make it so that the levels dont reset every time mt4 is opened/closed?
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Disliked{quote} hi, I remember post 25280, I put there all is needed to set the 4hrs macd strategy, go take a look,Ignored
DislikedEURUSD Daily chart: Beautiful head and shoulders, nice trend line supporting it, no divergence on the macd, could be then going up. 4 hrs chart: positive divergence on macd, tight stop below trend line. long 1.2864 SL 1.2820 for now TP 1.3010 for now {image}Ignored
Disliked{quote}alright thanks. when i set up the indicator, the levels were 14, 29, 44. is there a reason for them being like that? i changed them to 15, 30, 45. edit: also is there a way to make it so that the levels dont reset every time mt4 is opened/closed?Ignored
Dislikedwhat do the macd terms stand for? vt, vb, tc, rb, rt. im going through the lessons and some of the graphs have them on them but dont explain what they mean yet.Ignored
Disliked{quote} On page 1 of this tread, there is a PDF called 4 hr macd strategy, open it, go to page 8, you will read Round Top (RT)- RB(Round Bottom), read further, page 9 gives example of those abbreviations and what is expected as action from the market. As example: on the first chart on page 9, you will see some examples and as example a RB. RB(Round Bottom) is always above the zero line, means the price is in a bearish trend but on the move to move lhigher, a pull back.---the RB is around october 24.you need to get familiarise with the meaning of...Ignored
DislikedI just got back in the EURUSD long. expecting a possible break out of consolidation, get above the 89sma eventualy. entry:1.2922 targetting 1.31500 a short stop loss:1.2060still bullish divergence in macd.will see... EDIT: 05:54hrs trade closed with gain 4hrs and 1hr charts: on the 4hrs chart: price crosses the 21ema, pull back, then moved away.on the 1 hr chart: price crosses the 89sma, pull back to 21ema, then moved away. {image} {image}Ignored
DislikedHi everyone, Is this how you anticipate a triangle breakout? As long as the lower tail respect the trendline, while the high is more or less the same.And then you put in a buy stop somewhere above the average high's. The 4h macd is trending upwards too. Am I missing anything else? {image}Ignored