Smart Gaps Fx

Hello, posted this Indicator i created 5 year ago to use GAPS as S&R. i Think will be good for anyone to test it, also need to develop this System meaning more condign not easy ones...

So in simple Words Gaps are large orders, and Candles are the traders sentiments.... WHen a larger order fills and retracts means the Traders and big players agree of that price to go up or in case fills up and go down means Traders and big players agree to go down.

Here a Picture of AUDJPY the green line is verified support the dash dotted are targets and the red line is Verified resistance. meaning prices con go all the way up to there if the resistances get closed.




Here i use a new concept it is Support Gaps & Resistance Gaps.

NEXT VERTION COMES SOON!!

My EA using this indi for setup of entry exits this with tp 50 pip sl 100 pip and 0.1 lots (BUY AND SELL)

EURUSD MAY2016



If u create NEW PROFITABLE EAS USING MY INDI SHARE IN HERE

This is same period using 0.1 lots on GBPUSD M15 no SL. tp 20 pip
(BUY AND SELL)

So we can confirm the Theorem Works in practice.

Now we need to create best strategy

Anybody on dax?

Anybody on stocks??

Sell ebay now!!!

Apple for long therm buy now in 2-5 years 5000 dolars per share

the indi is very good for analysis and u can use with urown strategy or setups, but please share wathever u do with it with us in this thread...

Hope u like it and my discovery to use gaps as s&r instead of anythingelse...

thanks for reading

Sp500 2 choyce sell now and2109 sl 2115 or wait to see if break 2115 no tp.

SOLD CADJPY

Hi

Thank you for sharing this interesting approach , I tried your indicator , but it seems I got different and fewer lines than yours , can you please share the indicator settings.

thanks

im using close count 1, gap size 1 -5 pip, show 12 lines up 12 lines dn

Thanks

How do you select your entry/exit points , I run the indicator through a simulator , the lines tend to disappear , is it normal ? do you use different settings for different charts? and what's those arrows for ?

Its all about my theory ... or aproach you have a close count counter, meaning how many times price breaks this gap, if a candle cross that line and close lower, then this is close count 1. if then comes up again on other candle and close up this is close count 2... i use close count 1. the first time traders agree to that large order . we could later create for example to use close count 1 for verify support resistance and if close more than once then this is pivot....sounds good will include in my list of things to do

a good entry is after a candle close creating 2 lines OR RETESTING THEM. example SELLING EURUSD:

First post audjpy call for buy, now on its way up!!



now we can see made big support and going up



WE CAN SEE STRONG SU[PPORT AS A CANDLE VERIFIED MORE THAN ONE SUPPORT GAP AT ONCE...

how can i do profitable trade have you any good idea... trend... trick.. etc ??/

This looks like the best trade to take tomorrow

Right now audjpy tested resistance and reversed on h1, after first retest can break up now, mostlikely test new support go up and break.

the less indicators u use the better

i like this kind of naked forex with lines haha u can setup your own trades. Or ask in newby discution forum the same, MONEY MANAGEMENR IS THE KEY 0.01 LOT EVERY $1000

Are u gettting the idea how to trade with this indi??