Searching for indicator just like searching for Holy Grail - page 6

New comment
 
newdigital:
As to Paramon so it is his original system described by him later (in russian language sorry but we can use google translation). He did not use any indicators. Some people created indicators to trade on his way (see this thread https://www.mql5.com/en/forum/173317 ) because 'trading with no indicators' depends on personality of the trader (his skills etc).

thanks for the link

my trading style is nothing like that. i do use price channel, it's just tactic or an edge. I believe in the way of big boy play.

I play the way they play. i don't care anything else. once I spot their move I will go with it, in out and in out until they are out

 

eur

eur right now has a bit of upside building in. but cable still need to finish it play out of the downside

at 16030. if it reaches there we will see some trap to the downside 16005 before it moves up.

well I can't say exact because Big boy revert his direction so quick

 

eur/jpy

a Buy set up for eur/jpy but just to wait equilibrium exchange rate of all the

eur and other pairs. i think i will go back in bed until NY session. if i am not around. i am sleep in

 
freewayfx:
thanks for the link

my trading style is nothing like that. i do use price channel, it's just tactic or an edge. I believe in the way of big boy play.

I play the way they play. i don't care anything else. once I spot their move I will go with it, in out and in out until they are out

Yes, price channel.

Thread about price channel is here:

https://www.mql5.com/en/forum/173179

The Turtle Trading Channel is also good channel - download from here:

https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page186#comment_595232

But he traded on the other way.

examples:

GBPUSD:

GBPJPY

EURJPY:

 

Hi new digital,

i was looking for exact the indi which is on your screen.

blue and purple lines, but i cant find it on the both links.

thanks

 

Post #51 of this thread - link to MaksiGen Trading system - go to this page https://www.mql5.com/en/forum/173317 and download indicator MaksiGen_Range_Move (there is also same indicator with alert). You should wait untill those red/blue dotted lines will be appeared on the chart as those lines are possible breakout levels (for possible buy stop and sell stop orders) and they are dynamical sypport/resistance lines (second lines, first lines are in yellow color).

 
newdigital:
Post #51 of this thread - link to MaksiGen Trading system - go to this page https://www.mql5.com/en/forum/173317 and download indicator MaksiGen_Range_Move (there is also same indicator with alert). You should wait untill those red/blue dotted lines will be appeared on the chart as those lines are possible breakout levels (for possible buy stop and sell stop orders) and they are dynamical sypport/resistance lines (second lines, first lines are in yellow color).

Thanks,

i see no dots. just vertikal lines.hmmm

EDIT oh ok, now i see, but on your chart on the top there are an other indi also the turkis line?!

EDIT 2 , i found it, sorry

 

Exaplanation about this indicator is on this post:

https://www.mql5.com/en/forum/173439/page56

Basicly - this indicator is just dymamical support/resistence/trend lines.

I am not suire example but I think - it is what freewayfx traded and what he means about price channel for example.

may be - I am wrong ... so sorry.

 

We can see breakout on EURCAD right now:

Red dotted line is the level for sell stop order.

Files:
eurcad_breakout_1505.jpg  206 kb
 

On my chart it looks so

hmmm

Files:
ec.gif  12 kb
1234567891011121314
New comment