Attachments: Nihilist Forex Indicators

Nihilist Forex Indicators

#5,541
Nov 30, 2014 11:44am Nov 30, 2014 11:44am

umairsheikh2
| Joined Oct 2014 | Status: Trend Trader! | 339 Posts

Quoting stevepatt

Disliked

{quote} Hi umairshiekh; It's about experimenting to find what works best for you, your style of trading and the TF you are trading. The Ultra ADX is the latest ADX indicator, to be up-loaded by Nihilist, it's the same as the old ADX indicator only represented as a histogram instead of in block format. If you are trading Daily TF keep trading with the Weekly Trend.

Ignored

Hi Patt,

Thanks for reply. What ADX setting or period do you suggest for daily TF? I hope I will get latest ADX indicator from 1st post of this thread.

If I am not wrong default setting is 7 period.

Regards.
Umee

I Win, I Lose, It's my Job... And I Love it!

#5,542
Nov 30, 2014 12:48pm Nov 30, 2014 12:48pm

stevepatt
Joined Dec 2010 | Status: Never Stop Learning | 7,335 Posts

Quoting umairsheikh2

Disliked

{quote} Hi Patt, Thanks for reply. What ADX setting or period do you suggest for daily TF? I hope I will get latest ADX indicator from 1st post of this thread. If I am not wrong default setting is 7 period. Regards. Umee

Ignored

Hi umairsheikh;

I'm not the best person to ask because I don't really use the ADX Indicator in my trading.

I, now, only use the Holygrail Indicator to confirm what I'm reading in the Price Action.

Try the 7 21 and 42 settings and see how they correspond to what you see price doing.

#5,543
Nov 30, 2014 6:47pm Nov 30, 2014 6:47pm

hugomarques
Joined Aug 2014 | Status: Trader | 354 Posts

we'll see where it goes until this fall, will be able to realize that the indicator rowshan along with the expansion of ADX, very safe entry

Attached Image (click to enlarge)

Click to Enlarge

Name: eurusdk-m5-exness-ltd.png
Size: 51 KB

#5,544
Nov 30, 2014 9:56pm Nov 30, 2014 9:56pm

drmkhan
| Joined May 2014 | Status: Trader | 99 Posts

Quoting hugomarques

Disliked

we'll see where it goes until this fall, will be able to realize that the indicator rowshan along with the expansion of ADX, very safe entry {image}

Ignored

Hi Hugomarques,
You have a nice chart & setup. I would like some information on the indicator that is located on the right corner of the chat. What does BB Squeeze False means? Also the one with rows 80, 60, 40, & 20 and column 8, 21 and 100. Please.
tq

#5,545
Nov 30, 2014 10:16pm Nov 30, 2014 10:16pm

hugomarques
Joined Aug 2014 | Status: Trader | 354 Posts

Quoting drmkhan

Disliked

{quote} Hi Hugomarques, You have a nice chart & setup. I would like some information on the indicator that is located on the right corner of the chat. What does BB Squeeze False means? Also the one with rows 80, 60, 40, & 20 and column 8, 21 and 100. Please. tq

Ignored

hello, thanks for the comment
20,40.60,80 would be the position of the stochastic
BBS would be an escape zone when it true and false, is true awaiting direction confirming with the other indicators,false would be to find a direction, it has to be combined with the bollinger bands

#5,546
Dec 1, 2014 4:05am Dec 1, 2014 4:05am

Purec
| Joined Feb 2013 | Status: Winning ! | 352 Posts

H1 candle on E / A was formed as an inside candle .

Took a long 1.47

Attached Image (click to enlarge)

Click to Enlarge

Name: Screenshot1.png
Size: 50 KB

Make choices and don't look back !

#5,547
Dec 1, 2014 4:36am Dec 1, 2014 4:36am

stevepatt
Joined Dec 2010 | Status: Never Stop Learning | 7,335 Posts

Quoting Purec

Disliked

H1 candle on E / A was formed as an inside candle . Took a long 1.47 {image}

Ignored

Hi Purec;

I always use Pending orders to take me into a trade, by doing this if the market turns against me I'm not caught on the wrong side of the market.

Take a look at this Post 5,363 from fx mig

Attached Image (click to enlarge)

Click to Enlarge

Name: 1st Dec 14 EUR:AUD D1:H1 Chart.png
Size: 143 KB

#5,548
Dec 1, 2014 5:46am Dec 1, 2014 5:46am

umairsheikh2
| Joined Oct 2014 | Status: Trend Trader! | 339 Posts

Quoting stevepatt

Disliked

{quote} Hi Purec; I always use Pending orders to take me into a trade, by doing this if the market turns against me I'm not caught on the wrong side of the market. Take a look at this Post 5,363 from fx mig {image}

Ignored

Sometimes pending orders missed order. Its really confusion which one choice stop order or limit order. Btw your strategy is great about pending orders...

I Win, I Lose, It's my Job... And I Love it!

#5,549
Dec 1, 2014 6:08am Dec 1, 2014 6:08am

braciola
| Joined Jan 2012 | Status: Trader | 389 Posts

Conosco un buon supporto sul cad chf ,, Vorrei pensare a valutare un acquisto

#5,550
Dec 1, 2014 6:15am Dec 1, 2014 6:15am

drmkhan
| Joined May 2014 | Status: Trader | 99 Posts

Quoting hugomarques

Disliked

{quote} hello, thanks for the comment 20,40.60,80 would be the position of the stochastic BBS would be an escape zone when it true and false, is true awaiting direction confirming with the other indicators,false would be to find a direction, it has to be combined with the bollinger bands

Ignored

hi Hugomarques,thank you for explaination. appreciate it.

#5,551
Dec 1, 2014 6:23am Dec 1, 2014 6:23am

umairsheikh2
| Joined Oct 2014 | Status: Trend Trader! | 339 Posts

PENDING ORDERS:

Buy Limit: This allows you to enter a long currency trade at future price which you will enter in the field labeled ‘enter price’. Once the Ask price reaches this level or drops below your pending order will be executed.

Sell Limit: This allows you to enter a short currency trade at future price which you will enter in the field labeled ‘enter price’. Once the Bid price reaches this level or breaks above it your pending order will be executed.

Buy Stop: This is an order for those traders who wish to hedge their positions, which means that you have a long as well as short trade in the same currency pair open at the same time. Once the Ask price reaches this level or drops below your pending order will be executed.

Sell Stop: This is an order for those traders who wish to hedge their positions, which means that you have a long as well as short trade in the same currency pair open at the same time. Once the Bid price reaches this level or breaks above it your pending order will be executed.

Limit and stop orders looks same to me!

I Win, I Lose, It's my Job... And I Love it!

#5,552
Dec 1, 2014 7:05am Dec 1, 2014 7:05am

stevepatt
Joined Dec 2010 | Status: Never Stop Learning | 7,335 Posts

Quoting umairsheikh2

Disliked

PENDING ORDERS: Buy Limit: This allows you to enter a long currency trade at future price which you will enter in the field labeled ‘enter price’. Once the Ask price reaches this level or drops below your pending order will be executed. Sell Limit: This allows you to enter a short currency trade at future price which you will enter in the field labeled ‘enter price’. Once the Bid price reaches this level or breaks above it your pending order will be executed. Buy Stop: This is an order for those traders who wish to hedge their positions, which means...

Ignored

Hi umairsheik;

The image below shows how I understand Stop and Limit Orders to work.

Attached Image (click to enlarge)

Click to Enlarge

Name: 1st Dec 14 EUR:AUD H1 Chart.png
Size: 110 KB

#5,553
Dec 1, 2014 7:38am Dec 1, 2014 7:38am

umairsheikh2
| Joined Oct 2014 | Status: Trend Trader! | 339 Posts

Quoting stevepatt

Disliked

{quote} Hi umairsheik; The image below shows how I understand Stop and Limit Orders to work. {image}

Ignored

Thanks Patt for clarification.

Its mean if we want to place an order above current candle then use BUY STOP order and if want to place an order below current candle then use BUY LIMIT order.

And vice versa for SELL pending orders. Am I right?

I Win, I Lose, It's my Job... And I Love it!

#5,554
Dec 1, 2014 7:47am Dec 1, 2014 7:47am

stevepatt
Joined Dec 2010 | Status: Never Stop Learning | 7,335 Posts

Quoting umairsheikh2

Disliked

{quote} Thanks Patt for clarification. Its mean if we want to place an order above current candle then use BUY STOP order and if want to place an order below current candle then use BUY LIMIT order. And vice versa for SELL pending orders. Am I right?

Ignored

That's correct.