- Search Crypto Craft
- TheMonk replied Jan 30, 2019
Nice setups tex - I dont usually trade the sgd/jpy I will have to add that on my list on MT4
pin bar trading
- TheMonk replied Jan 30, 2019
I think there are lots of definitions of what constitutes an engulfing candle - I know Hz put up a definition (the body of todays candle must engulf previous body and also todays h must be higher than yesterdays h and todays l must be lower than ...
Simple H4 Mobile Trading System
- TheMonk replied Jan 30, 2019
Hi tex Ive scanned thru my charts and no valid signals today

pin bar trading
- TheMonk replied Jan 28, 2019
Hi tex I do not see a current valid signal on Eur/Jpy as it breaches some of the rules Monk
pin bar trading
- TheMonk replied Jan 27, 2019
Hi tex Thanks for that i had spotted the signal on the right hand after i was reviewing the post and thought maybe it could have been an entry - guess i need pratice time. I downloaded OandA so our charts should match Is this a signal ? Im not clear ...
pin bar trading
- TheMonk replied Jan 26, 2019
Hi tex thanks for that response Ive put some notes on your chart - i would take the trade (assuming i have identified it correctly - all the others breach one or more of the rules) a. Is that the analysis correct ? b. Im not clear on items 5,6,7 on ...
pin bar trading
- TheMonk replied Jan 25, 2019
Hi Tex How many charts are you looking at ? How many signals do you get - as i notice it is very long for the daily RSI to dip to below 50 and then up past 50 for a buy (either that else i have the rules incorrectly) ? How often do you look at ...
pin bar trading
- TheMonk replied Jan 24, 2019
Maybe this is my data vendor issue but wouldnt this trade not be applicable to the rules as the 4h rsi is at the 50 level but the daily rsi is pointing down at the 50 ?
pin bar trading
- TheMonk replied Jan 24, 2019
Thanks for that tex I was wondering how to define a pullback thats completed ? Ive been going thru some charts and i seem to be entering too early and would get stopped out ?
pin bar trading
- TheMonk replied Jan 23, 2019
Hi Tex Ive been reading your journal (as i was researching pin bars) and especially the new update strategy and was wondering to see if i could join the party Ive read the rules but slightly hazy on some parts Monk
pin bar trading
- TheMonk replied Jan 14, 2019
Chris Thanks for that - i will let you know the backtest results - I owe you a beer (or 3!)
Simple H4 Mobile Trading System
- TheMonk replied Jan 12, 2019
Hi Helbor I have run a simple backtest in Amibroker however my returns are different to you - in the region of 25% winners and 75 losers for E/U with a date range of 11th of May 2018 until 4th of Jan 2019. In your backtest how do you define your ...
Simple H4 Mobile Trading System
- TheMonk replied Jan 3, 2019
1. 1st rule we look for engulfing candle or outside bar if we are bullish, previous candle should be bearish, then we plot the fib tool on the 4h engulfing candle itself once it closes. How strict are you that the previous candle should be bearish ...
Hybrid System of 3 Successful Traders - Engulfing w/ Pivot & SMA
- TheMonk replied Dec 10, 2018
Question to Turnip Hi Did you manage to find another broker who uses range bars - as I find putting range bars on MT4 not to be reliable I also use IG but i dont like their web platform (and that you cant use range bars!) I wonder why range bars are ...
Trading with range bars ichimoku cloud & awesome oscillator
- TheMonk replied Nov 27, 2018
Hi OTM How did you identify the bounce during real time ? I have a problem capturing/timing the bounces and then the entry
The Good, The Bad and The Ugly - A Real Trading Record
- TheMonk replied Nov 25, 2018
Great thread OT. Nice clean explanations, like your charts. Whats assets do you trade ?
The Good, The Bad and The Ugly - A Real Trading Record
- TheMonk replied Oct 2, 2018
ive been investigating CTrader but the brokers in UK do not seem to offer range bars with the app.

Trading with range bars ichimoku cloud & awesome oscillator
- TheMonk replied Oct 5, 2017
Hi Does anyone use Ninja Trader to trade ? As I need some help in setting this template up in NT8 Thanks
Trading with range bars ichimoku cloud & awesome oscillator
- TheMonk replied Oct 2, 2017
Thanks Duxis I like the look of AlphaTrader but the website and stats haven't been updated Sierra chart was something I also looked at but it is a large investment when moving my code from MT4 (im not a great coder!!) I am also reviewing Amibroker ...
Constant Range Bars Broker