Hi Ricardo, please include your other strategies too. I am from NZ and it's early morning now (01.08am) and need some sleep. Will catch up with you all on Monday. All the very best.
- #47
- Apr 29, 2016 10:54am Apr 29, 2016 10:54am
So , this is what i am talking about Elliot Waves , after the 4 wave is completed , we look to see price breaking the 5 SMA and then wait that all the 3 TFs point on the same direction . This is an example of a short trade {image}
- #48
- Apr 29, 2016 11:15am Apr 29, 2016 11:15am
{quote} RicardoDS hello, i am new to forex, you may well explain your strategy? and share your template and indicators? I would like to learn well this strategy, it seems to me excellent. thank you
- #50
- Apr 29, 2016 11:38am Apr 29, 2016 11:38am
RicardoDS! How do we calculate, pair is trading positive or negative. Do you create your own Line Graph??? Regards, Loveandpeace
2- Just change your graphs from candle to line graph and you are ready
- #58
- Edited 1:45pm Apr 29, 2016 1:34pm | Edited 1:45pm
- | Commercial User | Joined Nov 2014 | 3,028 Posts
- #59
- Edited 5:28pm Apr 29, 2016 5:16pm | Edited 5:28pm
This is my final 3 window version when markets closed for the week. You will see using this strategy the 2 trades have earned 132 pips and still continuing on the up run.
This thread is belonging to Ricardo (I would say a very smart young man) and I don't want to include what I do in my trading overriding him (it's a matter of respect towards each trader). The reason why I want to show what I do with this strategy is simply because some traders seem think the 3 windows don't work. I simply want to support Ricardo in his endeavours. Please listen to Ricardo's strategies closely. With this strategy it will somewhat pay you off.
No system or strategy can be fool proof as small traders do not control the 3-4 Trillian $ per day forex market. Yet using this strategy you may reduce your risk of being traded badly or at a loss all the time.
Some have requested the templates and indis of what I showed. Rather than showing mine, now I have changed template settings that fit Ricardo's line graph strategy along with the indis. Make sure that you understand the line graph as is simply a connection of closing prices of each of the candles and will not show highs and lows. In this template you also can see the highs/lows by simply changing the bar pattern as I have changed bar colours that will not disturb the main line graph strategy.
I never bought any indis by paying anyone. Therefore I have to thank all whoever have uploaded these indis in numerous platforms for us to use now.
Enjoy trading everyone.
This thread is belonging to Ricardo (I would say a very smart young man) and I don't want to include what I do in my trading overriding him (it's a matter of respect towards each trader). The reason why I want to show what I do with this strategy is simply because some traders seem think the 3 windows don't work. I simply want to support Ricardo in his endeavours. Please listen to Ricardo's strategies closely. With this strategy it will somewhat pay you off.
No system or strategy can be fool proof as small traders do not control the 3-4 Trillian $ per day forex market. Yet using this strategy you may reduce your risk of being traded badly or at a loss all the time.
Some have requested the templates and indis of what I showed. Rather than showing mine, now I have changed template settings that fit Ricardo's line graph strategy along with the indis. Make sure that you understand the line graph as is simply a connection of closing prices of each of the candles and will not show highs and lows. In this template you also can see the highs/lows by simply changing the bar pattern as I have changed bar colours that will not disturb the main line graph strategy.
I never bought any indis by paying anyone. Therefore I have to thank all whoever have uploaded these indis in numerous platforms for us to use now.
Enjoy trading everyone.
