on the link....you can see the butterfly formed on M30...approximately Dec 30....and today..1-9-20...a sell signal appeared on
eurusd....could you explain this please?
hello ,according to tester om eurusd m30 inputs( bars 200 , ma 100) a signal SELL on 31 dec 2019 after crossing rising wedge and butterfly
levels (pic1) >>>
Bear Trend remains
then after that another Red butterfly appeared waiting for Continuition bear signal or a reversal buy signal >>>
Still bear trend remains (pic 2)
I think this signal appeared if you closed the Metatrader platform on Old butterfly in 31 dec then you reopened it in 8 jan with the old
levels still on charts so a SELL signal appeared as price is below the butterfly and the wedge Sell levels
hello ,according to tester om eurusd m30 inputs( bars 200 , ma 100) a signal SELL on 31 dec 2019 after crossing rising wedge and
butterfly levels (pic1) >>>
Bear Trend remains
then after that another Red butterfly appeared waiting for Continuition bear signal or a reversal buy signal >>>
Still bear trend remains (pic 2)
I think this signal appeared if you closed the Metatrader platform on Old butterfly in 31 dec then you reopened it in 8 jan with the old
levels still on charts so a SELL signal appeared as price is below the butterfly and the wedge Sell levels
as for signals from H4 and H1 frames --> they are logic as per drawn patterns according to your inputs ---> crossing rising wedge Down
and crossing the butterfly sell levels
as for signals from H4 and H1 frames --> they are logic as per drawn patterns according to your inputs ---> crossing rising wedge
Down and crossing the butterfly sell levels
I recommend you to lower your inputs parameters as you go to Higher time frames
fr eg. if you use (Bars,Ma) for M30 : (200,100) you may use for H1:(100,50) and for H4:(30:15)
does indicator have mobile aterts? Also, I see SL ....does it give target?
Yes , through enable /disable inputs "Alerting_enable = true" for Mobile Alerts and " MAIL_Alerting_enable" for Mail Alerts
as for target it doesn't give target but I quit position when a new reverse signal appears
https://www.mql5.com/en/charts/11165523/eurusd-m30-global-trade-partners
on the link....you can see the butterfly formed on M30...approximately Dec 30....and today..1-9-20...a sell signal appeared on eurusd....could you explain this please?
Is this a valid signal now?https://www.mql5.com/en/charts/11165533/eurusd-h4-global-trade-partners
the 4hour shows a sell NOW....
as does the 1 hour:https://www.mql5.com/en/charts/11165537/eurusd-h1-global-trade-partners
https://www.mql5.com/en/charts/11165533/eurusd-h4-global-trade-partners
the 4hour shows a sell NOW....
as does the 1 hour:https://www.mql5.com/en/charts/11165537/eurusd-h1-global-trade-partners
hello ,according to tester om eurusd m30 inputs( bars 200 , ma 100) a signal SELL on 31 dec 2019 after crossing rising wedge and butterfly levels (pic1) >>>
Bear Trend remains
then after that another Red butterfly appeared waiting for Continuition bear signal or a reversal buy signal >>> Still bear trend remains (pic 2)
I think this signal appeared if you closed the Metatrader platform on Old butterfly in 31 dec then you reopened it in 8 jan with the old levels still on charts so a SELL signal appeared as price is below the butterfly and the wedge Sell levels
hello ,according to tester om eurusd m30 inputs( bars 200 , ma 100) a signal SELL on 31 dec 2019 after crossing rising wedge and butterfly levels (pic1) >>>
Bear Trend remains
then after that another Red butterfly appeared waiting for Continuition bear signal or a reversal buy signal >>> Still bear trend remains (pic 2)
I think this signal appeared if you closed the Metatrader platform on Old butterfly in 31 dec then you reopened it in 8 jan with the old levels still on charts so a SELL signal appeared as price is below the butterfly and the wedge Sell levels
as for signals from H4 and H1 frames --> they are logic as per drawn patterns according to your inputs ---> crossing rising wedge Down and crossing the butterfly sell levels
as for signals from H4 and H1 frames --> they are logic as per drawn patterns according to your inputs ---> crossing rising wedge Down and crossing the butterfly sell levels
I recommend you to lower your inputs parameters as you go to Higher time frames
fr eg. if you use (Bars,Ma) for M30 : (200,100) you may use for H1:(100,50) and for H4:(30:15)