Attachments: Nihilist Forex Indicators

Nihilist Forex Indicators

#4,601
Sep 29, 2014 9:24pm Sep 29, 2014 9:24pm

srpips
| Joined Mar 2010 | Status: Trader | 60 Posts

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

priceaction7
Joined Oct 2013 | Status: Almost there...... | 182 Posts

Quoting srpips

Disliked

Is it good to enter on the green line or wait for breakout of the trendline? {image}

Ignored

You should have entered three candles before
regards

#4,603
Sep 29, 2014 11:54pm Sep 29, 2014 11:54pm

Indrek
Joined Jun 2009 | Status: Trader | 2,430 Posts

Quoting maxtrader

Disliked

{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.

Ignored

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

smartearn
| Joined Dec 2006 | Status: Trader | 65 Posts

Quoting Indrek

Disliked

{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.

Ignored

i agree with you

#4,605
Sep 30, 2014 12:57am Sep 30, 2014 12:57am

RockRobb
| Joined Feb 2012 | Status: IN CHART WE TRUST | 444 Posts

Quoting priceaction7

Disliked

{quote} You should have entered three candles before regards

Ignored

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

maxtrader
| Joined Aug 2009 | Status: Managed Accounts Profesional Trader | 278 Posts

Quoting Indrek

Disliked

{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.

Ignored

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

priceaction7
Joined Oct 2013 | Status: Almost there...... | 182 Posts

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

Ghost Walker
Joined Dec 2013 | Status: IN VICTORY | 1,867 Posts

Quoting maxtrader

Disliked

{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...

Ignored

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

maxtrader
| Joined Aug 2009 | Status: Managed Accounts Profesional Trader | 278 Posts

Quoting ghost walker

Disliked

{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

Ignored

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

paladim
| Joined Sep 2014 | Status: Trader | 82 Posts

Quoting mara1

Disliked

{quote} on my last 12 fx years I newe saw the price teling the direction ,taths why all use indicators but thx anyway

Ignored

Quoting maxtrader

Disliked

{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.

Ignored

Quoting ghost walker

Disliked

{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...

Ignored

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

mara1
| Joined Jul 2013 | Status: Trader | 212 Posts

Quoting paladim

Disliked

{quote} {quote} {quote} Honestly....TQVM...as much as possible, mara1,maxtrader,gw...TQVM ...indicator is slave...not the other way round...

Ignored

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

maxtrader
| Joined Aug 2009 | Status: Managed Accounts Profesional Trader | 278 Posts

Quoting mara1

Disliked

{quote} paladim for GBP/JPY not even the world indi help u last 11 days trust mee

Ignored

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

LFN
| Joined Oct 2006 | Status: Trader | 578 Posts

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

Erebus
Joined Jul 2011 | Status: Gold Again | 10,564 Posts

Quoting LFN

Disliked

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}

Ignored

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.