Download MetaTrader 5

Right Trading Timeframe vs Incorrect One

To add comments, please log in or register
David Melikisraelian
65
David Melikisraelian  

Hello there,

I have been reading and studying this forex forum for a while. There are numerous indicators to use, it take some time to compare all of them, once the good indicators are found one will wonder about which time frame to use. I have tried several tie me frames, however, the only best time frame that makes sense for me is the daily. Take a look at the chart and see for yourself. The daily has many advantages over short time frames, one only has to monitor the charts at the end of each day, as apposed to short tf's where you get numerous false signals, you have to sit in front of pc whole day without any significant profits, in other words you become addicted to trading, without any significant ideas on how to trade. Take a look at the chart and let me know what you think.

Files:
1.jpg 247 kb
dovgr
5
dovgr  

Can you attach the indicators that you are using ?

David Melikisraelian
65
David Melikisraelian  

The indicators are as follows:

Heiken Ashi T3

WPR fast/slow

Brain Trend2 Signal

LSMA period 34

By looking at the chart you can see what is the logic behind it

Files:
WPRfast.mq4 3 kb
WPRslow.mq4 3 kb
Pietro Lualdi
82
Pietro Lualdi  

Hi!

very interesting system! do you have the automated strategy? can you post it?

thanks

Alex

To add comments, please log in or register