ASCTrend system - page 29
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Waiting for breakout case for USDJPY.
Look at the levels on H4 timeframe (attached).
I am not talking about buy especially. It may be sell as well.
And I want to re-mind: all 3 template are on the post #1 of this thread.
And the rules for this system were described on this thread in different posts.
I am using this system https://www.mql5.com/en/forum/174756/page7
Besides please find the 3rd template atached.
Please note that this 3rd template is using on H4 amd D1 timeframes only and only as informational template as well.
Edited: The template attached to this post is not recent one. I updated all the templates and indicators on the post #1 of this thread.
Please find indicators and templates I am testing now.
P.S.: The templates attached to this post is old ones. I updated all the templates and indicators on the post #1 of this thread.
I updated all the templates and indicators on the post #1 of this thread.
Trading templates.
Last years
M5 info template of the last 2006 year.
I may post more info about 2006.
But, please, open your MT4 trader, open H4/D1 template and write something about the next years.
You may use MN1 as well.
I may post more info about 2006.
But, please, open your MT4 trader, open H4/D1 template and write something about the next years.
You may use MN1 as well.I was talking about H4/D1 Ichimoku template.
All the template you may get on the post #1 of this thread.
It was very good movement since this morning.
EURUSD.
1. Trading template.
- Firstly we got asctrend sell signal. But it was out of our trading hours.
- then price crossed pivot line and red line of RoundPriceNE_big_mod indicator.
- then blue line finally crossed yellow line of PriceTrender indicator.
- Sell.
2. M5 info template.
Just want to remind that we have two kind of exit in this system:
- exit on profit targets (brown lines see m5 info image).
I prefer 3rd profit target.
- exit on blue/red lines crossing of PriceTrend indicator. It is more risky exit but we may have more pips in profit.
3. H4/D1 info template.
It is choppy market for D1 timeframe. But we should be very cafully:
- because Chinkou Span line (white ine) is too closed to the price indicating future possible downtrend on breakout;
- support/resistance lines are 1.3287 and 1.3082. It is very close from each other (because of D1 timeframe).
- cloud changed the direction to downtrend already.