Printable Version. Post 10 Quote May 30, am May 30, am. Attached Images click to enlarge. However, having said that, there is one point where I may reduce my positions, that is when price hits 3 standard deviation std dev of Bollinger band on higher timeframes. Post Quote Jul 26, am Jul 26, am. Post 16 Quote Sep 6, pm Sep 6, pm. Post 2 Quote Nov 16, pm Nov 16, pm. Anyway, discussions do not take risks, and they cost no money. I think I will just put all. Quoting olvus. Joined Jul Status: Member 1, Posts. Candle color based indicator forex factory option profit formula review, please show some trading simulator game online plus500 maximum contracts results selection criteria - very important to see if you are right in the path; period checked - no need to back as early as 70s, the market condition changed a lot since crisis; data source - some sources are not good enough; TF - forget the monthly and TF below 60min; currency pairs - you can even include futures and Indices; parameter configurations on candles with a best book to learn intraday cfd day trading tips screening such as top wick length, low wick length, body length, oh yes, I did that too, by even paying some programmer to get that job better donesometimes the programmers ask things much more specifc than I would have thought This brings freedom and independence and a lot of fun. Attached File. Post 3 Quote Sep 3, pm Sep 3, pm. I did try to backtest manually the system, but feel that some parts of the system does not suit my personality. Nobody can predict the market. Feel free to post your charts with setups. And a market must always be in balance to function in the long term. Post 11 Quote Sep 26, am Sep 26, am. The rules are, we wait for a dot to appear, from the Frama Ribbon indicator and take the trade in the appropriate direction then we close the trade when the first opposite coloured candle appears from the xSuperTrend candles indicator.
Unfortunately, you can not build independent applications in MQL4 and MQL5, because each language is connected to its corresponding platform. It seems the color of a Ha might be more significant than the color of a shorterm pay account brokerage account buying stock in pot companies 5m or less so it seems they may be more valuable if trying to trade on shorter time frames than just looking at price action with normal candles. Post 15 Quote Jan 19, am Jan 19, am. K lines, you mean? The inverse applies to low wicks. And how far back should you back test your system from, you may ask. Price range, the criterion is set in points. Trading D1, with Zooming Down to H4 for Entry Thismethod will require the most amount of your time per day looking at 2. So what happens if a particular EA I am trade empowered course jake bernstein all about day trading pdf for that you have, doesn't work or is locked via requirement of an account number in the coding Cheers Crootster. Joined Dec Status: Member 88 Posts. Post 6 Quote Edited at am May 31, am Edited at am.
I am particularly pleased that this blog is friendly, open and fair. What I said is that people who sell books about candlestick patterns sell them without any evidence of them to work. Post 8 Quote Sep 4, am Sep 4, am. This is a serious business but we are also allowed to have some fun from time to time. Unfortunately, the program I work with does not allow any programming intervention, so I think MQL5 may become an alternative for me in the future to get the data that I think is important. By so doing one can determine the true force of a candle and clearly see the true strength in a candle as well as to knowing who is clearly in charge, whether is the bear or the bull. The HA candles that are being discused in this particular thread are not a part of Steve's teachings. Quoting gigio. Post 6 Quote Nov 25, am Nov 25, am. Joined Jan Status: Member 2, Posts.
Joined Sep Status: Member 93 Posts. I wish you a successful week best regards. Signals were provided, wow. Quoting pakeha. Collection of Tradeable Systems 8 replies. If you plan to go long on gold because it is strong, you will want to choose the weakest currency and long that pair instead of longing gold vs the stronger currency. Post 4 Quote Sep 25, pm Sep 25, pm. Shunfegncn: Thanks for the reply. Quoting Gvc. I started to trade without a stop loss later on because it feels good to keep taking small profits and letting my account grow. To me, after so many years and learning and realizing, trading is all about probabilities. The difference between the two is that the professional lives off his job, while the amateur has his cost of living regulated by nerdwallet best investing apps how to sync computer clock with interactive brokers income. It will, when the price is near the MA. Of course, there are natural talents who have reached their destination in less time, there are also lottery millionaires who have become rich without working. It is also very easy. Here are the set files for the indicators; Attachment xsupertrend set file. Quoting thelord If you do not have a deep understanding of the system you are trading which could be invented by someone elseif you do not know the principles behind the system, you will just give up the system and hopped on to. A cluster is formed by deals of the same type. Mine is even worse, believe me.
I do think there's a mathematical part that is pure Science you can see the last EA I'm working on in my profile. I do not completely share this view, but there is some truth in every sentence. And such training costs a hell of a lot of money. Basic informative indicators. I am very proud of the fact that more and more a group of great different people from all over the world is forming in this blog, which receives and shares information. Post 17 Quote Jun 3, am Jun 3, am. Post 15 Quote Sep 6, am Sep 6, am. Does anyone use the heiken ashi indicator? Number of ticks. I do enjoy utilizing the MT4 HA indicator when using the shorter time frame charts such as the 5m Post 7 Quote Nov 22, am Nov 22, am. I'm going to tell you to try two experiments, if you want to test it yourself: ONE: Create an EA or Excel formulas, or whatever you want that analyzes Later on, lost 2 more small accounts. When I focus on the right things, after 4 years I have completed my education and can now work to become a professional. Please share indicator in your picture. If i may add, 1 why do you zero to using only 2 candlesticks as there may be overlapping price action occuring with the other candlesticks 2 Candlestick patterns are more relevant with market structure 3 The larger time frames summarize the movements of the lower time frames and while convenient, may not provide accurate reflection on the existing price action. Did I make it? After my Oracle certified master, a year ago, I first understood what data a MT4 processes and outputs. However, you must be willing to fight hard for your success.
And when is volume the most important trade indicator iwm relative strength index is presented to makrobot for trading stock best long term small cap stocks, we say things that "well, it may not work for you but for me it does", without realizing that this statement is the very foundation of selective perception. To me, after so many years and learning and realizing, trading is all about probabilities. However, the word independence means having to kick your ass. Other markets where this could be applied would be those instruments that involve currencies. When I was in a "study mode" to try to detail all the possibilities for the first time, I was astonished by the more-than-imagine possibilities in this simple "two candles" pattern. That was the first thing I asked, but you did not reply on it at all. What I want to express is that, this phenomenon shows that a better understanding of the patterns based on experience and instinct is more important than those "strict definition" or "mechanical system" things and ideas. Post 7 Quote May 30, am May 30, am. Your in-depth research and approach to supply and demand system of trading are the best I have seen. You can go long at a price when it touches a support and next moment, when price hits resistance, you short. FF News indicator 3. Trend trades or short term trades? Until June 1 arrives consider these first few days the teething stage so feel free to ask away. I prefer being able to "see it coming" versus a "no notice" alarm, but that is me. Thank you cfugde, You mean take two charts same pair, one for indicators set up 4h and another one 30m is for trade set up? So I write this post not against you but to any trader that may benefit from it. Joined Oct Status: Member 43 Posts. Or an opposite dot appears.
It may seem contradictory to what I mentioned about trading all markets, but to me, I find it difficult to even spend 15 min of my working time at one go to look through specific markets for entries, so I modified my original system to look at just pairs every 4 hours to look for entries. However, there should be some exceptions. In contrast to the Renkochart and Heiken Ashi who smooth the course, the Bioniccandle shows the same course as a candlechart only a little clearer, since the Open was omitted. I was quite amazed when my first trade, based on candle pattern which I read in the Dummy guide for trading, I traded hit my take profit TP. I agree that trading in Forex is one of the biggest challenges in addition to equities, but I find trading in the EURUSD a no big challenge as I have been dealing with it for many years. I couldn't do this before having Steve Nison teach me how to read them in conjunction with the overall market. Quoting olvus. But it can also be objective, so it's not "fundamentally subjective". Absolute concentration when the markets work As a rule, I got up at 5 o'clock in the morning, breakfast, sports, showers, then from CET preparation for the day. I'd like to give my two cents. And I believe you are that close to unearthing the holy-grail of trading. Post 11 Quote Sep 6, am Sep 6, am. Mine is even worse, believe me. I believe you would have notice many strong H4 bullish candles which you could give an entry point and let you get into the trade earlier and to use a smaller stop loss. Post 16 Quote Jun 2, pm Jun 2, pm. The 6th project has already started and seems to be the most important project. Most traders fail because of your attitude. For me, I am unable to do so due to my work, but if you are a student or a retiree, this method allows you to trade just once a day and free your time for other more important things in life. This strat looks good, buuuuuut like with any other trend following system - the main problem how to survive range-wipsaw period?
Some do not have to pay the overpaid taxes in the form of a wage tax compensation, but at the end of the year pay the maximum tax due to the tax office. It is also very easy. Post 4 Quote Sep 3, pm Sep 3, pm. Joined Jun Status: Member Posts. Will it be possible trading without charts? Post 12 Quote Jan 15, am Jan 15, am. Joined Dec Status: Member 26 Posts. Cl_f tradingview whatsapp bitcoin trading signals means that you not work for days to enjoy your free time and vacation. As long as the basic data received from the broker are incorrect or incomplete, And then see if they work by themselves.
Post 6 Quote Edited at am May 31, am Edited at am. Attachments: Forex Trading Maga Collection robots, indicators, systems. So, find a system which you know thoroughly what the system can do, know what is the edge, ensure that you know what is the weaknesses , before putting your hard earned money into it. Quoting Mastropiero. If you want to talk about science, I'm solid in the subject. As an eternal student, however, you have the opportunity to become a master in many areas by continuing your education and training on a regular basis. Post 16 Quote May 30, am May 30, am. I did try to backtest manually the system, but feel that some parts of the system does not suit my personality. Sir thanks for your advise. It applies to advertising, marketing, religion, and Forex. Post 4 Quote May 31, am May 31, am.
But I learnt a lot, getting to learn 1 on 1 from the trader himself through Skype actually I wonder if its the guy himself or just one of his traders. Up next, I will share on my own trading system. In , while still pursuing my dream of being a full time trader I still believe it is possible if others can do it, why cant I? Exit Attachments. Trading on H4 is just to look for better entries, else D1 is fine if you trade all markets. Category one: two bullish candlesticks Category two: two bearish candlesticks Category three: one bearish one bullish candlesticks Category Four: one bullish one bearish candlesticks Without considering the candlestick with Open and Close price as the same. Very Profitable System - Roi system replies. It seems impossible to not rely on anything but the candlestick chart to trade. It seems to me that you would made more pips like this, but maybe I'm wrong on this MA, Gann and Ichimoku system profitable system! But of course, I will not go change my trade size or double up because I am in a drawdown.