I placed my first trade using the FFB (Forex Freedom Bars) in conjunction with MACD that I use from another system. I did notice that the FFB repaint badly, so I'm not sure how successful one can be with this method but that's why I'm using it in conjunction with MACD (like suggested in an earlier post) to help with the false signals caused by the repainting problem. So I had one trade for +50 pips on e/u. I do remember reading that someone tried to write the FFB again so they did not repaint as badly but I can't seem to find that post. If this is true, would someone be willing to point me in the right direction to find that updated indicator.
Also, are others still using this method of trading and finding it to be successful?
Edit: I found the post where the link was for the non-repainting FFB. Now let's hope that they really don't repaint. If they don't, I have a few ideas on what I want to work with to see what I can come up with.
I have question
how I have supposedly invest using Fx Freedom ?
this indicators changes value even on Already CLOSED BARS !!!
otherwise saying he does three signals
of what two bad
and after closing and the renewed opening MT4
is only one good signal
you can see here:
someone can me explain this?
to explain me as to use Fx Freedom ?
Because it is multi time frame.
On a 5 minutes chart, you will have to wait 3 closed bars to be sure of the signal of 15 minutes, etc, and the same for each time frame (12 bars for 1 hour).
but try put all the setting on 5min TF
on a 5 min chart
values also change after closing bars :]
Have you tried the FFB that is supposed to be non-repainting? I have not yet but was wondering if you have given that a try yet. I'm going to try it today when I get home from work. It's on page 31.
New Combination FFB with Real MACD
I had found new combination between FFB & Real MACD with 90% accuration
Gap = original setting
Period1-4 = original setting
cci1-4 = 2
auto display = true
The Rules :
1. Wait & see for cross RealMACD
2. Look at the same colours FFB bars (don't think repaint)
3. It's only same colours FFB bars with crossed RealMACD
4. OP & put SL=30-40 pips with TP = 70-100 pips each trade
5. Dont Trade if you are not found nice combination
6. (I think) It's going to be more effective for GU & GJ (my experienced)
This rules maybe risk can't OP be often but have gains much more & safety too
Let Try & Have a nice trade
Thanks guys for continuing development. I'm still not sure why people worry about the repaint. If it signals on the M5, it signals. If it repaints, that was in the past, who cares? Just for those of you who don't believe, I am thinking about posting my 6000% increase in account size statement in 3 months, live traded (not demo).
I agree with what you said. I was thinking that today. If I get a signal, who cares if it changes because that's in the past. I believe that you turned a 6000% profit. I really do. I believe it's possible in the forex business. I would say show your statement (of course blanking out your private info). Then you will create an even bigger buzz.
When you trade are you using just the FFB indicator or are you using the MACD also or something else? I'm looking to make this the only method I use.
Can You post your indicators and tamplate please?
Thanks be patient
I don't have the template.
FFB = Forex Freedom Bars ===> you can found on the first page
You can get RealMACD is here
Let Try & Have a Nice Trade