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Nihilist Forex Indicators

  • #4,601
  • Sep 29, 2014 9:24pm Sep 29, 2014 9:24pm
Is it good to enter on the green line or wait for breakout of the trendline?
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  • #4,602
  • Sep 29, 2014 9:40pm Sep 29, 2014 9:40pm
Quoting srpips
Is it good to enter on the green line or wait for breakout of the trendline? {image}
You should have entered three candles before
regards
  • #4,603
  • Sep 29, 2014 11:54pm Sep 29, 2014 11:54pm
Quoting maxtrader
{quote} I totally agree with you, I have never understood how come people need an indicator to see HH HL, LH LL, and you are right when people stop seeing the charts , and candles and they concentrate more on all the little multiple colors from a dozen indicators It is when the problems start.
I used to trade almost naked charts for some time but found it too painful and time consuming. So, I moved back to indicators. The big difference is that with good choice of indicators my trading is almost mechanical without wasting time on watching the charts. Naked charts need a bit more attention and analysis.
  • #4,604
  • Sep 30, 2014 12:18am Sep 30, 2014 12:18am
Quoting Indrek
{quote} I used to trade almost naked charts for some time but found it too painful and time consuming. So, I moved back to indicators. The big difference is that with good choice of indicators my trading is almost mechanical without wasting time on watching the charts. Naked charts need a bit more attention and analysis.

i agree with you
  • #4,605
  • Sep 30, 2014 12:57am Sep 30, 2014 12:57am
Quoting priceaction7
{quote} You should have entered three candles before regards
3 candles before the HolyGrail were Grey
2 of the ADX were Pink

Let me guess...
Is it because the candle were Bullish candle? Also printing a Higher Low in an Uptrend movement/ the Uptrend Channel were heading north?
i worshipped... Momentum
  • #4,606
  • Sep 30, 2014 1:17am Sep 30, 2014 1:17am
Quoting Indrek
{quote} I used to trade almost naked charts for some time but found it too painful and time consuming. So, I moved back to indicators. The big difference is that with good choice of indicators my trading is almost mechanical without wasting time on watching the charts. Naked charts need a bit more attention and analysis.

Different styles I guess, for me when I see a naked chart and after so many years doing it I dont overthink, in fact the picture comes fast to my mind of what It is going on, but when I see a chart that you cant even see the candle formations and you see a Cristmas tree and also you see that many indicators are contradicting among them then It is when I have to pay attention and try to figure out and analize what it is going on, but this is just me, dont misunderstand me I use a couple of indicators sometimes like CCI, RSI and stochastics but just to confirm what I see, for me It comes first candle formations supported by confluences near sup dem zones, then It comes indis just to confirm what the charts are telling me, I know people who trade with a lot of indicators and they are good traders and also I trade succesfully with no indis or just one or two withthout overthinking, two valid ways of trading, It just depends on how you feel more confortable, my only point is that whatever the method you use you shold always have an idea of what the charts are telling you, looking first at the charts and then looking at the little colors confirming what your eyes see and not viceversa, but I repeat this is just what I think there is no universal true in trading, people should use what is profitable for them.
Indicators always obey Price, not the other way.
  • #4,607
  • Sep 30, 2014 1:18am Sep 30, 2014 1:18am
Let me guess...
Is it because the candle were Bullish candle? Also printing a Higher Low in an Uptrend movement/ the Uptrend Channel were heading north?
you r right...and the candle closed above kejiunsin
  • #4,608
  • Sep 30, 2014 1:34am Sep 30, 2014 1:34am
Quoting maxtrader
{quote} Different styles I guess, for me when I see a naked chart and after so many years doing it I dont overthink, in fact the picture comes fast to my mind of what It is going on, but when I see a chart that you cant even see the candle formations and you see a Cristmas tree and also you see that many indicators are contradicting among them then It is when I have to pay attention and try to figure out and analize what it is going on, but this is just me, dont misunderstand me I use a couple of indicators sometimes like CCI, RSI and stochastics...

Well said maxtrader,

WHAT EVER WORKS FOR YOU,THERE IS NO ONE WAY TO PLAY THIS GAME,YOU JUST GOTTA MASTER THE PATH YOU CHOOSE,
Cheers and Joy to ya,
GW
IMPROVISE ADAPT OVERCOME
  • #4,609
  • Sep 30, 2014 1:47am Sep 30, 2014 1:47am
Quoting ghost walker
{quote} Well said maxtrader, WHAT EVER WORKS FOR YOU,THERE IS NO ONE WAY TO PLAY THIS GAME,YOU JUST GOTTA MASTER THE PATH YOU CHOOSE, Cheers and Joy to ya, GW
Thanks for your words, I see that you have mastered your own style, you have the best of two worlds, you understand the power of chart reading and you confirm what you see with your chosen indicators, congrats and many pips for you my friend.
Indicators always obey Price, not the other way.
  • #4,610
  • Sep 30, 2014 8:01am Sep 30, 2014 8:01am
Quoting mara1
{quote} on my last 12 fx years I newe saw the price teling the direction ,taths why all use indicators but thx anyway
Quoting maxtrader
{quote} I totally agree with you, I have never understood how come people need an indicator to see HH HL, LH LL, and you are right when people stop seeing the charts , and candles and they concentrate more on all the little multiple colors from a dozen indicators It is when the problems start.
Quoting ghost walker
{quote} You are rite in what you say maxtrader,there is nothing like learning the art of naked trading to give you the edge in this game and this should be the foundation for those starting out and it is here where alot of beginners make the mistake,how ever I do use indicators in my trading and there is a place for indicators in trading but as I said naked trading must be your foundation. {image}​ {image} For those who are interested,this is a good place to start, [ E-BOOKS ,Naked Trading ] HOPE THIS HELPS,LET ME KNOW HOW IT GO,S Cheers and...
Honestly....TQVM...as much as possible, mara1,maxtrader,gw...TQVM ...indicator is slave...not the other way round...
  • #4,611
  • Edited 9:58am Sep 30, 2014 8:07am | Edited 9:58am
Quoting paladim
{quote} {quote} {quote} Honestly....TQVM...as much as possible, mara1,maxtrader,gw...TQVM ...indicator is slave...not the other way round...
paladim for GBP/JPY not even the world indi help u last 11 days trust mee
  • #4,612
  • Edited 1:35pm Sep 30, 2014 12:03pm | Edited 1:35pm
Quoting mara1
{quote} paladim for GBP/JPY not even the world indi help u last 11 days trust mee

Sorry but the last 11 days at least on daily charts and 4 h charts GBPJPY gave me a lot of good opportunities, the last 4 days the pair has been choppy by just looking at a naked 4h chart so no trading this pair the last 4-5 days.

Wish you lot of pips.
Indicators always obey Price, not the other way.
  • #4,613
  • Sep 30, 2014 2:02pm Sep 30, 2014 2:02pm
Thanks Nihilist and ghost walker :-)
Why is it so few posts with charts in this thread? No trading today?

Here is one of mine, please comment.

https://charts.mql5.com/5/826/usdchf...-prime-pty.png
  • #4,614
  • Sep 30, 2014 8:08pm Sep 30, 2014 8:08pm
Quoting LFN
Thanks Nihilist and ghost walker :-) Why is it so few posts with charts in this thread? No trading today? Here is one of mine, please comment. {image}
Nice trade, but really? so many indicators, do you need all those extras? seems like look at Holy Grail, confirm with ADX, use Kijun as per original Nihilist rules and you would have same result

Can you share the market times indicator along the top of the screen?
It takes a lot for me to IGNORE you, but you can try.
  • #4,615
  • Sep 30, 2014 8:10pm Sep 30, 2014 8:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 77 KB


Hi Guys,
Just putting out there one of todays trades,,dosnt get any sweeter.
Cheers,
GW
IMPROVISE ADAPT OVERCOME
  • #4,616
  • Sep 30, 2014 9:26pm Sep 30, 2014 9:26pm
30M trade going with Daily trend
Attached Image (click to enlarge)
Click to Enlarge Name: 1-10-2014 12-24-17 PM.png Size: 125 KB
It takes a lot for me to IGNORE you, but you can try.
  • #4,617
  • Edited 10:11pm Sep 30, 2014 9:59pm | Edited 10:11pm
Quoting Erebus
30M trade going with Daily trend {image}
Sweet move Erebus,like your style,Im riding the same move .
Joy to ya,
GW

Here is the indicator your after,
Attached File(s)
File Type: ex4 Market Panel Display Controller.ex4   56 KB | 589 downloads
Attached File(s)
File Type: mq4 Market Panel Display Controller.mq4   26 KB | 647 downloads
.
IMPROVISE ADAPT OVERCOME
  • #4,618
  • Sep 30, 2014 10:53pm Sep 30, 2014 10:53pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting Erebus
30M trade going with Daily trend {image}
Nice one
MT4/MT5 EAs/Indicators/Alerts coder
  • #4,619
  • Oct 1, 2014 1:00am Oct 1, 2014 1:00am
USD/JPY D1

This trade has just hit it's TP 4R (260 pips)
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Oct 14 USD:JPY D1 Chart.png Size: 136 KB
  • #4,620
  • Oct 1, 2014 1:04am Oct 1, 2014 1:04am
Quoting stevepatt
USD/JPY D1 This trade has just hit it's TP 4R (260 pips) {image}
WELL....DONE
CONG
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