Definitely agree with this.

Simple, proven and profitable S/R system

Yep, thanks

Simple, proven and profitable S/R system

Hello, this is correct - I pasted the link to the Correlation system in the end of the first post. I trade mainly these two systems on real accounts as I watch correlations on longer charts and use the S/R system mostly for fast intraday trades. I ...

Simple, proven and profitable S/R system

Nice let me know how are you doing with the system then

Simple, proven and profitable S/R system

Thank you men I also wish you a lot of green pips!

Simple, proven and profitable S/R system

Yes, I posted the strategy in the simplest form. It is the simplest way to set SL the same amount as PT and the system performs well. But it is possible to improve here and set SL above resistance or below support. This will usually improve RRR ...

Simple, proven and profitable S/R system

Yes, this was a very nice opportunity with very accurate Profit-Target. The resistances turned into the turncoat supports now - that´s exactly where we set P/T. Very nice GBP/USD opportunity image

Simple, proven and profitable S/R system

Here is a very nice example. See how EUR/USD went up from the point where the indicator started drawing the S/R zone. Then there was a correction and market went down and tested the S/R zone very accurately (I highlighted it as "first test"). Then ...

Simple, proven and profitable S/R system

Welcome here, go to MT4 -> choose file -> open data folder -> double click MQL4 ->double click indicators -> copy the indicator there -> restart MT4

Simple, proven and profitable S/R system

Nice I just love when I see the market bouncing from S/R zones with a few pips accuracy. It´s a pleasure for my eyes.

Simple, proven and profitable S/R system

Cool, let me know how it works on NZDCHF after a couple of trades. For intraday trades I use mostly M5. But I also like to watch current market situation on other TFs.

Simple, proven and profitable S/R system

Welcome here! Correct, turncoat means that support can turn into resistance and vice versa.

Simple, proven and profitable S/R system

Correct - we need to see only tested and valid S/R zones. The indi is doing a great job in this.

Simple, proven and profitable S/R system

Nice S/R zones are very powerfull tool, S/R zones together with market momentum tell us the story.

Simple, proven and profitable S/R system

The indicator shows everything - whether the zone is untested, weak or verified etc. Yes, this could be a valid entry. However, the nearest support where should be TP is quite near, and I don´t trade NZDCHF, but I believe that the system will ...

Simple, proven and profitable S/R system

Yes, the zones that are broken are removed as they are not actual anymore. That´s way I trade only the zones that were at least once or more times tested. If I trade the zones that were not tested (I mentioned this only in the end of the first post ...

Simple, proven and profitable S/R system

I like majors the most - EUR/USD, GBP/USD and USD/JPY.

Simple, proven and profitable S/R system

Oh, OK I´ve answered above

Simple, proven and profitable S/R system

Thanks men I don´t trade the system on the demo acc anymore - but I will show some live / real results soon. But first things first, I would like you to believe in the core / concept of the system. If you will see that the system doesn´t ...

Simple, proven and profitable S/R system

Welcome here - could you please explain your question in more detail?

Simple, proven and profitable S/R system