Always interested in charts Megahead. showing charts is the only way we can all learn.

Start Winning - Trade the Current Trend

My personal focus for the time being is to work on the MA and RSI lights Dashboards. Do we need both on our charts? - probably not. Do we need any on our charts? - probably not but they do provide relevant and useful information. Can they be ...

Start Winning - Trade the Current Trend

Awesome. That is what it is all about. Well done.

Start Winning - Trade the Current Trend

Glad you got answer. Sorry I couldn't be more helpful.

Start Winning - Trade the Current Trend

Hello vanupips. Yes it should be green when the chosen RSI closes above 50 and red when it closes below. I have just checked and it seems function properly on my charts. Can you post a chart to show what you are experiencing? Thanks

Start Winning - Trade the Current Trend

Update added to post 407.

Start Winning - Trade the Current Trend

I will get to the RSI lights when I can my friend but they are basically another way of receiving the same information about LTF and HTF trends.

Start Winning - Trade the Current Trend

Here is and example of AU. Right chart is M5. Left chart is M1. Using M5 as the trading TF all 3 ofthe entries marked by the red vertical lines wouldhave worked out and the MA lights would have been in agreeance as described in post 407. I will try ...

Start Winning - Trade the Current Trend

I am reviewing some of the MA lights comments that I made in post 407. Mainly regarding the LTF lights. I want to find the best way to use this indicator and I make no hesitations to confirm that it is a work in progress.

Start Winning - Trade the Current Trend

Well done on EU. I am also trading EU. You won't get a vote of confidence though with comments like "I need to learn to read charts". The learning process takes time and dedication but does not necessarily take as long as some say. You will get ...

Start Winning - Trade the Current Trend

You definitely do Mate. I hope you are demo trading until you learn.

Start Winning - Trade the Current Trend

You da man pharley (or something like that)! Simple and inspirational as ever.

Pharley Simple system - Get your levels right for trading S/R

You can easily adapt the template to work for you if you want to use more HTF lights but the more you add the harder it may be to find entry. Anyway,it's past my bed time and Im at work in the morning. I hope all my babbling makes sense. My ...

Start Winning - Trade the Current Trend

EURUSD. H4 Template says short. H1 template would also say short because H1 HTF is H4. But M5 template says long and H1 chart also says long. You could have made nice profit trading M5 TF with H1 as HTF. This is why I dont use 2 HTF MA or RSI ...

Start Winning - Trade the Current Trend

MA Lights Explanation My MA and RSI Lights have been explained already and I admit they are a work in progress and possibly a bit confusing. But I do think they can offer us a welcome insight to the higher and lower time frames that we can apply to ...

Start Winning - Trade the Current Trend

Sorry I'm not sure what you are saying? Are you asking for information about the currency strength Meter? If you are im sorry but i don't have any but it is quite straight forward. If you need an explanation I will try to explain for you.

Start Winning - Trade the Current Trend

Just in case anyone is interested here is a link to a thread that I made previously. It is only 5 pages or so long but there is some useful information in there. You never know you might just find something that is helpful! url

Start Winning - Trade the Current Trend

Glad it worked out for you. But that is a good lesson for us all to learn - don't jump the gun! I said before and I will say again one of biggest mistakes you can make is jumping the gun. They say that most traders lose, even when they are right ...

Start Winning - Trade the Current Trend

Welcome thaihoc. Please study the thread so far to gain an understanding of what we are doing here and how to use the indicators properly.

Start Winning - Trade the Current Trend

USDSGD - Is M5 your trading TF? I presume it is because your MA and RSI lights are set to M15 and M1. The problem there is that you are trading against your current TF (M5) 34 x 55 EMAs. Price has not yet turned. Let the 34 x 55 fall in to line 1st ...

Start Winning - Trade the Current Trend