Maybe this will help. It's called 'Momentum Candles'. It has only 2 settings, and Color. 1st Setting is "candlepipvalue". This is the Minimum pip value for candle Body. Next is "hilowpipvalue". Obviously the high and low of subject candle. Default ...

Trading Unbreakable SP3@Rs with LWMA(20)

+++++++++++++++++++++++ Thanks. You obviously know what you are doing. I was just trying to make sense of the method you have been using, since the market opened this week.

Daily green/red candle

Dimdel. In looking at your current open trades (EU) I think I understand what you are doing. My question is why do you use such an imbalanced R:R? In current trades you are risking more than 3, to collect 1. 3:1 Risk to Reward.

Daily green/red candle

Dimdel, thank you very much for sharing this, even though you did not create this method, you still are willing to share with all, for which I am very thankful. Whilst on the subject of Daily Candles, does your testing work using both 5 and 6 Daily ...

Daily green/red candle

Backtesting: It is always a good idea to back test a simple method such as this. One thing to be aware of is 'How many 'Daily Candles' your broker shows. Let me explain; If your broker has their Daily Candle openings at 1700 NY time (Currently 2100 ...

Daily green/red candle

Hello Busted. Trailing stop in MT4 is simple. If your 150% equals 50 pips, 'Right' click on trade in Terminal Window, then select 'Trailing Stop'. Then set Trailing Stop to 500 (which is equal to 50 pips). The TS will Not begin until Price is 50 ...

Daily green/red candle

++++++++++++++++++ Hope you benefit from what you see here. Just opened this trade on AU H4 Chart risking 21 pips. The trend really hasn't changed yet, but hasn't returned to downside in in the past 24 hours. Also recent closing is higher high.;

Comparative Price Action

++++++++++++++++++++++++ Glad you made some pips. Good going! One of my favorite ways is to watch for differences in correlated pairs, which is what you found on AU AJ. I've not found much to look at on H4, regarding divergence. However, since line ...

Comparative Price Action

++++++++++++++++++++++++++ I usually would try GJ vs EJ. We're looking for closely correlated pairs. EurUsd vs UsdChf, is the best one.

Comparative Price Action

++++++++++++++++++++++ You need to add, or subtract any digit following the pair to compare to. i.e. on indicator, the first setting is for "SubSymbol". The default is "UsdChfm". If you have no digit following the currency pair, simple delete the ...

Comparative Price Action

Congratulations on your engagement. I wish you many years of bliss. In my understanding, Forex Spot market is tied to Forex Futures. During the "Fix time", (after NY close) the Futures Market suspends trading. I "think" the actual time it is closed ...

Trading "System" when ALL Markets Close

++++++++++++++++++++++ 1st off, there are 2 separate time settings, to mark which hours you'd like to display set ups. When I first added ###NotMagic to my chart, it displayed perfectly. Then I went to a different chart, added indicator, and I got ...

No Magic!

++++++++++++++++ Thank You Ryder. This is a big help.

No Magic!

++++++++++++++++++++++++++++++++ Good stuff Flip! I tried change/compile, several times, to no avail. This gem did it for me. Thanks.

Bollinger bands stops (new version)

++++++++++++++++++++ Glad you're not my neighbor in Florida...

Simple Scalping

++++++++++++++++++++++ Xlnt watch. It took me quite awhile to wrap my brain around what was happening in US during 2008 & 2009. I had been studying the real estate market for about 15 years. All of the models I had learned of, followed a very ...

A quantitative approach to trading Forex and Forex Derivatives