Personally, I prefer entering closer to the SMA or at least in the vicinity of key levels like Daily Open or Yesterday High / Low etc., If the trend is really strong I might join little far away from SMA - but that is an exception. Example would be ...

Roadmap - A Way To Read Markets

Regular Channel Cross on Dow futures, exit was when the speed line was broken. image

Roadmap - A Way To Read Markets

My 2 cents - It is a channel trade, I think the original poster categorized it as channel failure because the price kept failing at the SMA, instead of a channel cross over, irrespective of the categorization, I think that was a good entry.

Roadmap - A Way To Read Markets

It's been a while since I posted on this thread, was busy with work and trading - Also I kind of moving more towards futures on indices and experimenting currency futures. Hopefully will be able to post more frequently in the coming days.

Roadmap - A Way To Read Markets

What do you mean by not working? can you post a screen shot?

Roadmap - A Way To Read Markets

EJ from today, Regular channel /SMA retest on M15, took 50% off earlier on YL and closed the rest around YL again when Price has been stalling around the area for a long time now. image Dow - Nothing fancy, regular channel cross image

Roadmap - A Way To Read Markets

I downloaded it from here, it is called Symbol Changer Plus, you should be able to find it in the 1st post of that thread. Except for the RSI on my screen short, every thing else(Session, Currency, Spreads etc.,) was part of that indicator. Hope ...

Roadmap - A Way To Read Markets

Dow - Regular channel cross, good for about 220 points on average, was waiting to see if the TP2 will hit, but after a while PA was not convincing enough to stay on the trade. image GU - Retest of SMA(although it was an impulsive move) followed by ...

Roadmap - A Way To Read Markets

Looks like you go Long and Short irrespective of whether the channel is above the SMA or not. Is that correct?

Roadmap - A Way To Read Markets

Dow trades for today, I think I'm done for today. However PA is approaching both M1 and M5 SMA - will be interesting to see how it reacts there. If I had entered on the circle area, probably I'll have a portion of trade still running. image

Roadmap - A Way To Read Markets

Dow trade from earlier today in the morning, after I got out it went another 100+ points or so, before the fall. image

Roadmap - A Way To Read Markets

Dow Trades for today - 2 win, 2 loss, 1 BE+1. Was waiting for Long#4 to go further up when I thought it is losing momentum - I got out, but then after that it went for a long way up Long #2 should had been at least 120+ points if I closed ...

Roadmap - A Way To Read Markets

Dow Round 2 - Annotations on the chart. Descending TL is still valid, so it might still go down further, for now that is all for me on Dow today. image

Roadmap - A Way To Read Markets

Dow Trade today image

Roadmap - A Way To Read Markets

Some of today's trades USDCAD - Was hoping for ADR low, when price started moving back up the previous low, closed the position. Before that took 50% off when price bounced off of the previous low. image EURNZD - Entry was very late, missed the ...

Roadmap - A Way To Read Markets

Thanks, but I dont think it has the same functionality as the one I originally posted , that had options to specify RSI for different time frames for calculations and plots the composite average of them. The indicator you posted seem to calculate ...

Converting mq4 to mq5

I know that the indicator repaints historical values, Thanks for suggestion on Mladen's RSI. I checked the attachments from his profile page, but I could not find Mladen's composite RSI for MT5. Do you have a link?

Converting mq4 to mq5

Off topic question - Do anyone trade futures from US using tradingview, I have some questions? please PM me the response as I don't want to hijack the thread into a different direction.

Roadmap - A Way To Read Markets

Thank you for this, do you have a MT5 Version?

Roadmap - A Way To Read Markets

Trades from earlier today - Chart #1 and #2 are GBPJPY. Chart #1 - Screen shot when the entry was made, along with notes. image Chart #2 - After Exit, the TP targets were changed based on PA at those point in times, Original plan was for 2 partial ...

Roadmap - A Way To Read Markets