Make choices and don't look back !
- #5,247
- Nov 11, 2014 5:00am Nov 11, 2014 5:00am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
Hy! I look this forum and see Nihilist Holy Grail indicator .I think this is used stevepatt. This indi its repaint? I will use H1 TF. Sorry my english! Thx Gyula
I know that the thread is long now ... but it will worth the time spent reading it ...
MT4/MT5 EAs/Indicators/Alerts coder
- #5,248
- Nov 11, 2014 5:18am Nov 11, 2014 5:18am
{quote} Hi louise and purec, I hope the charts below will make things clearer. If you are day trading, for example trading H1 TF, look to get into line with the trend of H4 or D1 TF. If you use indicators to enter trades make sure the signals you take are in alinement with the higher TF trend. {image} {image} {image}
Hi Steve, thanks for reply, can I just clarify a little more, and I hope I have read your rules correctly:
1 AL (MRAL)
2 AH (MRAH)
3 AH - is not correct right?, this does not fit your definition as I understand it, so from Sept 08 to Sept 09 you would have a Down bias, is that correct?
4 AL (MRAL)
5 AH (MRAH)
6 AH? again this does not fit your definition right?, so from Jun 10 to Sept 10 you would have a down bias, is that correct?
7 AL
8 AH? actually fits your definition I think.
and so on.
Anyway, just some clarification would be really helpful, I appreciate your time, thanks again. Louis
- #5,249
- Nov 11, 2014 6:13am Nov 11, 2014 6:13am
- Joined Dec 2010 | Status: Never Stop Learning | 7,362 Posts
Its my Birthday today 11square, thank you God, for giving me another year of life, I also thank God that i'm in this creative Nihilist Thread. I'm using this moment to greet all Traders here on this thread, in one way or the other you all contributes into my consistence profitable, i really appreciate you all. You might not know you did so, but believe me you all really change some1 trading failure to a profitable one. Thank you so much. To all newbie traders here on this creative Nihilist Thread "BELIEVE, BE STRONG AND NEVER GIVE UP"
Anyone that's interested can PM me their email address and I will forward them the video series and PDFs of the videos explaining, probably better than I can, exactly what I'm trying to explain here. It's a commercial presentation that I can't post on FF, I want to make it clear that I have no commercial connections with it's contents whats so ever. I'm only doing this because I've had a lot of PMs about it and I found the presentation to be one of the best explanations of market structure that I've seen.
- #5,252
- Nov 11, 2014 7:25am Nov 11, 2014 7:25am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
Anyone that's interested can PM me their email address and I will forward them the video series and PDFs of the videos explaining, probably better than I can, exactly what I'm trying to explain here. It's a commercial presentation that I can't post on FF, I want to make it clear that I have no commercial connections with it's contents whats so ever. I'm only doing this because I've had a lot of PMs about it and I found the presentation to be one of the best explanations of market structure that I've seen.
MT4/MT5 EAs/Indicators/Alerts coder
- #5,257
- Nov 11, 2014 10:03am Nov 11, 2014 10:03am
Anyone that's interested can PM me their email address and I will forward them the video series and PDFs of the videos explaining, probably better than I can, exactly what I'm trying to explain here. It's a commercial presentation that I can't post on FF, I want to make it clear that I have no commercial connections with it's contents whats so ever. I'm only doing this because I've had a lot of PMs about it and I found the presentation to be one of the best explanations of market structure that I've seen.
request sent
- #5,258
- Nov 11, 2014 10:19am Nov 11, 2014 10:19am
- Joined Dec 2010 | Status: Never Stop Learning | 7,362 Posts
Time for sell GBP/JPY
Hi mara,
It's no good making predictions without something to back it up.
It's going to take big shift in market dynamics to turn this pair, or any JPY pair, bearish.
This pair might well be showing "over bought" on every "over bought" indicator ever developed.
There is no "over bought", only the market can decide when it's had enough and the JPY becomes too cheap to sell.
- #5,259
- Nov 11, 2014 10:32am Nov 11, 2014 10:32am
{quote} Hi mara, It's no good making predictions without something to back it up. It's going to take big shift in market dynamics to turn this pair, or any JPY pair, bearish. This pair might well be showing "over bought" on every "over bought" indicator ever developed. There is no "over bought", only the market can decide when it's had enough and the JPY becomes too cheap to sell. {image}
Thx a lot for your support and explanations.
Tell me please, what are those candles besides PA? what do they mean?
thx
- #5,260
- Nov 11, 2014 10:42am Nov 11, 2014 10:42am
- Joined Dec 2010 | Status: Never Stop Learning | 7,362 Posts
{quote} Hi Steve, Thx a lot for your support and explanations.
Hi Helee,
They show the Weekly and Monthly Candle so I can see how the Weekly and Monthly Candles are forming.
