subscibed!
nescentia necat
28pair Currency Strength double-GAP Momentum Strategy
- #21
- Jan 4, 2016 9:47am Jan 4, 2016 9:47am
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
subscibed!
- #22
- Jan 4, 2016 10:40am Jan 4, 2016 10:40am
- Joined Nov 2007 | Status: Trader | 3,060 Posts
Nice to see the idea come to light.
- #23
- Jan 4, 2016 10:41am Jan 4, 2016 10:41am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Thank you all for your support.
Already donations have arrived and copies of indicator have been sent out.
Too many PMs
Soon we will start and go more into practice of the system.
I run CStrength28 on a second screen and a second mt4 to have the market in one eye.
in 3 TFs. m5 m15 and h1 if you trade longer TFs you can apply to higher TFs. I prefer intraday.
Grey crosses is market momentum.
If market m5 momentum drops below market fibonacci 50 level stop looking for trend. Market is now consolidated. Very likely SR will hold or pullbacks happen. Look for trade pullbacks.
Already donations have arrived and copies of indicator have been sent out.
Too many PMs
Soon we will start and go more into practice of the system.
I run CStrength28 on a second screen and a second mt4 to have the market in one eye.
in 3 TFs. m5 m15 and h1 if you trade longer TFs you can apply to higher TFs. I prefer intraday.
Grey crosses is market momentum.
If market m5 momentum drops below market fibonacci 50 level stop looking for trend. Market is now consolidated. Very likely SR will hold or pullbacks happen. Look for trade pullbacks.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #27
- Jan 4, 2016 11:20am Jan 4, 2016 11:20am
- Joined Nov 2012 | Status: Trader | 12,211 Posts
Hey guys, here would be my take on trading with this indicator. Suggestion would be do not use straightforward cross as entry, it most likely wont pan out profitable, the trick is to use it with techs to minimize the risk, and use cross entry only if it is aligned with tech picture you are looking at. Always the most important to minimize the risk, becouse MA crosses on indicator can be repainting so it makes more sense to align it with technicals.
Here would be things to look for on lines of indicator aligned to technicals:
-are two currency lines in trend (spread and moving within same direction or oposite direction) or are they consolidated. Consolidated lines for long time mean there is support/resistance being built and that can serve as good jump point for entry of trade due to low risk. Usually this is going to happen around wedges, which leads to impulsive breakout, so it means as long as your risk is small RR is great.
Examples:
-is structural PA analysis aligned with strenght meter signal, if its not its most of time be fake signal on lines
Here would be things to look for on lines of indicator aligned to technicals:
-are two currency lines in trend (spread and moving within same direction or oposite direction) or are they consolidated. Consolidated lines for long time mean there is support/resistance being built and that can serve as good jump point for entry of trade due to low risk. Usually this is going to happen around wedges, which leads to impulsive breakout, so it means as long as your risk is small RR is great.
Examples:
-is structural PA analysis aligned with strenght meter signal, if its not its most of time be fake signal on lines
- #28
- Edited Jan 5, 2016 2:20am Jan 4, 2016 11:24am | Edited Jan 5, 2016 2:20am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #29
- Jan 4, 2016 11:27am Jan 4, 2016 11:27am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
Perfection is the enemy of good enough!
Already donations have arrived and copies of indicator have been sent out.
- #31
- Jan 4, 2016 11:35am Jan 4, 2016 11:35am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
{quote} It just looks like but the indicator is not same formula how the currency is calculated. To be honest I never read this thread. The basics are around for longer time. I also from a long time publish on this theory. Friends, who ever send me message I need you email. FF say I can only answer 24 PMs per hour.
Donation sent
The only thing that will make us successful is if we can control ourselves!
- #33
- Jan 4, 2016 11:38am Jan 4, 2016 11:38am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
In some way it looks like the CSM made by Nihilist. He developed also a paid system called NTS based on currencies divergences, but seems working only on H1 or H4.
I'm interested to see your system's accuracy. G.L.
I'm interested to see your system's accuracy. G.L.
Per aspera ad astra
- #34
- Jan 4, 2016 12:38pm Jan 4, 2016 12:38pm
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
