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niks replied Mar 8, 2023i think wires are crossed, the idea is to only trade on the highest timeframe interval, anything in between which is what i think your talking about is irrelevant to this system, and without picture i have no idea what you are talking about
RSI 50 X Scalping System
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niks replied Mar 8, 2023please show an example of what you are talking about it is the indicator you are using that is the problem i think, but i don't know unless you show what it is you are talking about MQL5 vs Pinescript, MQL5 can do it
RSI 50 X Scalping System
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niks replied Mar 8, 2023that's great and how i understand it works as well, trades can only be opened in intervals of the highest timeframe, looks like an interesting idea you have raised!
RSI 50 X Scalping System
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niks replied Mar 8, 2023please show example of your problem in MT5 with 2 HTF RSI's on 1M chart, i still do not understand...
RSI 50 X Scalping System
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niks replied Mar 8, 2023no problem, however, i still do not understand the issue that "It updates dynamically" here is 1H and 4H RSI on 1M chart, it remains flat for one hour and 4 hours respectively, the values remain static on the current M1 candle until each respective ...
RSI 50 X Scalping System
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niks replied Mar 8, 2023i like it too! nothing beats intuition... some very nice trades being shown off, well done!
PA Trading with EMAs and common Sense
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niks replied Mar 8, 2023hey, unless i'm missing something there should be no issues in mt4 or mt5 to display higher tf rsl's on the 1M chart without repaint and it will only update when higher tf bar closes this is a snapshot of 5M and 15M RSI's on a 1M chart, it does not ...
RSI 50 X Scalping System
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niks replied Mar 7, 2023that's for sure, price action like anything else in trading is never guaranteed more often, what might appear to be a correct reading turns out to be false... this trade i just finished was 50\50 in terms of price action on the ema200, but i would ...
PA Trading with EMAs and common Sense
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niks replied Mar 6, 2023AUDUSD 1M no other reason other than a STRONG bearish engulfment at a point of resistance image if it breaks and holds ema50 then it should reach target image almost there, stop loss just in case... image and manually closed before target due ...
PA Trading with EMAs and common Sense
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niks replied Mar 6, 2023my pleasure vvm - i know the feeling of being in a "hurry" to make a trade - and the consequences as well! and just one final thought on this one - it is also obvious now that the weak bullish engulfment's were in this case and and generally are the ...
PA Trading with EMAs and common Sense
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niks replied Mar 6, 2023sorry to see this loss - in hindsight i see two main problems that caused it to fail first is the ema rejections showing a downtrend, and second, from a lesson i learnt during a webinar that never occurred to me regarding engulfment, is, out of the ...
PA Trading with EMAs and common Sense
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niks replied Mar 6, 2023that makes sense, i rarely show a live trade, we are not a signal service here! it helps me to take snapshots of an interesting live trade along the way and will post it later hope you don't stop showing your trades though...
PA Trading with EMAs and common Sense
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niks replied Mar 6, 2023hi, nice trades last week... if by happiness you mean profits, then bring on the happiness! it was a gentle start to the week... AUDUSD 1M image then straight into battle, cost averaging to the rescue! EURUSD 1M image image image image
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023thanks, it went well, every day which i survive to trade another is a good one! yes, price action can be very tricky to read at times, and it's during those times that intense situational awareness is required which does require constant monitoring, ...
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023excellent analysis, this is a very powerful pattern and will influence price action on all other timeframes until it completes or fails, anyway, hoped you picked up some profits at 1.1980 at least, unfortunately, it didn't follow through to target ...
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023bugger... prices went a bit crazy for a bit
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023this one has head and shoulders on 1H chart, it has to break first and then target may be a chance, better to go for 1.1950 image almost there! image
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023some may find these books useful! url url
M1 Countertrend Scalping Strategy
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niks replied Mar 1, 2023should be good if ema200 break holds image its been a while since it has on the 1M chart image good luck!
PA Trading with EMAs and common Sense
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niks replied Mar 1, 2023EURUSD 1M had to change chairlifts a couple of times but finally reached the top of the mountain! image
PA Trading with EMAs and common Sense