Where to learn trading like an expert without using indicators
Basicly you need this thread: Market Condition Evaluation based on standard indicators in Metatrader 5
and some variation of the market condition system based on support/resistance lines/levels (because trading without indicators = trading based on support/resistance lines anyway):
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- indicator to download
- some explanation about the system in general how to use
- Trading examples with MT5 statement, more trading is here.
- Paramon trading system iis on this post; How to trade the system - manual trading with live examples - read this page.
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And this is whole the story -
Forum on trading, automated trading systems and testing trading strategies
Market Condition Evaluation based on standard indicators in Metatrader 5
Sergey Golubev, 2013.09.01 21:06
This my post? red dotted lines are for possible sell stop trade, blue dotted lines are are possible buy stop ...
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Anyway - I just copied some latest summary from this thread :
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Market Condition Evaluation
story/thread was started from here/different thread
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The beginning:
- Market condition indicators/tools thread
- MaksiGen Trading system (light Paramon): many variations of the system - the thread
- How to use Support and Resistance Effectively - educational thread
- Market condition and EAs thread
- Trend indicators thread
- Forex Market Conditions, a graphic depiction - the thread
- Evaluation of the market condition using six SMA indicators thread
- Multi-indics indicators thread
- Candle time tools thread
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Market condition
- the theory with examples (primary trend, secondary trend) - read staring from this post till this one
- Summary about market condition theory is on this post
- Practical examples about every market condition case by indicators: starting from this page till this one
- trendstrength_v2 indicator is here,
- AbsoluteStrength indicator new version is here
- AbsoluteStrength indicator old version is on this post
- AbsoluteStrengthMarket indicator is here to download.
- good feature in Metatrader 5: moving stop loss/take profit by mouse on the chart (video about howto)
- predictions are very different thing from technical/fundamental analytsis the post with explanation
- Technical vs. Fundamental; Short-Term vs. Medium-Term vs. Long-Term; Discretionary vs. Automated - the post
- Market condition setup (indicators and template) is here
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3 Stoch MaFibo trading system for M5 and M1 timeframe
- trading examples
- template to download
- explanation how to trade and more explanation here
- how to install
- 2stochm_v4 EA is on this post.
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PriceChannel ColorPar Ichi system.
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MaksiGen trading system
- indicator to download
- some explanation about the system in general how to use
- Trading examples with MT5 statement, more trading is here.
- Paramon trading system iis on this post; How to trade the system - manual trading with live examples - read this page.
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Merrill's patterns are on this page.
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Divergence - how to use, explanation and where to read about.
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Scalp_net trading system
- template/indicators and how to use are on this comment.
- scalp_net_v132_tf EA is on this post with optimization results/settings for EURUSD M5 timeframe
- possible settings #1 for this EA for EURUSD M5 timeframe with backtesting results is on this post.
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MTF systems
more to follow ...
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MA Channel Stochastic system is here.
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Ichimoku
The beginning
After
- The theory of the signals
- Ichimoku alert indicator with arrows
- Ichimoku alert indicator improved : warning alert mode was fixed and autosettings feature was added
google > price action trading, there are enough articles for out there.
additionally you could get to know volume trading, footprint, aso.
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2017.10.11 18:09
Price Action
The forum
- All About Price Action - the key thread
- Market Condition Evaluation (2 EAs were created) - the post as a summary of price action thread
- Price Action Trading - small thread with videos
- What is Price Action? the post with video
- Trading Price Action Reversals : Al Brooks - the book
- Trading Price Action Trading Ranges : Al Brooks - the book
- Indicators VS Forex Price Action - the post with small article
- Interview with Al Brooks, price Action day trader and the author of 'Trading Price Action Reversals' - the post with video
- Video Lesson - Price Action: Introduction To Price Action Trading (what is price action, basic set-ups and stop placement, and more) - the post
- The Three Most Popular Indicators for Day-Trading - the post with small article
CodeBase
- Price Action Indicator - indicator for MetaTrader 4
- Alpha Trend Spotter Price Action - indicator for MetaTrader 5
- Price Action EA - expert for MetaTrader 4
- Market Flow Analysis Method (MFAM) Indicator for Price Action - indicator for MetaTrader 4
- RAVI (Range Action Verification Index) - indicator for MetaTrader 5
- RAVI (Range Action Verification Index) - indicator for MetaTrader 4
- Price Alert - indicator for MetaTrader 4
- more in search here
The articles
- Price Action. Automating the Engulfing Pattern Trading Strategy
- Price Action. Automating the Inside Bar Trading Strategy
- Identifying Trade Setups by Support, Resistance and Price Action
- Auto detection of extreme points based on a specified price variation
- The Price Histogram (Market Profile) and its implementation in MQL5
- MQL5 Cookbook: Development of a Multi-Symbol Indicator to Analyze Price Divergence
- MQL5 Wizard: Placing Orders, Stop-Losses and Take Profits on Calculated Prices. Standard Library Extension
- Creating Active Control Panels in MQL5 for Trading
- and more in search here
The blogs
- VIDEO LESSON - Price Action: Introduction to Price Action Trading, What is Price Action, Basic Set-ups and Stop Placement, and more
- VIDEO LESSON - Price Action: Candlestick Indicators in Price Action Trading
- 4 Facts About Price Action Incl Free Indicator and EA
- Top Price Action Secret
- Video Lesson - How To Trade: Price Action Trading
- Price Action - The Power of Wicks in the FX Market
- Something to Read - Forex Price Action Scalping: an in-depth look into the field of professional scalping
- and more in search here
The market
- many in search here
Where should I go to learn how to trade like an expert without using any indicator?
My recommendations are:
1. horizontal line (support and resistance)
2. Dow theory (trend)
3. multiple timeframe analysis
Where should I go to learn how to trade like an expert without using any indicator?
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
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