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Shabs19 replied Apr 29, 2016"An alternative method of use & probably the better way is to use them to identify divergence signals." This is the most effective use of indicators, this makes indicators leading and not lagging. Study the different types of divergence. If anything ...
What's your favorite indicator and how do you use it?
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Shabs19 replied Apr 29, 2016Indicators can be useful as confirmation tools. Some are good for ranging markets, (ob/os family) stochs, rsi, williams etc. and some are good for trending markets, (momentum family), macd, awesome etc. You just need to decide what markets are more ...
What's your favorite indicator and how do you use it?
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Shabs19 replied Apr 18, 2016Check post #1 for version 1.31 expiry july2016
MADdash (Moving Average Distance)
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Shabs19 replied Apr 17, 2016I like your sense of humour.......
I would probably agree with you about the failure rate of forex traders within the first year of doing this. Many will fail as they do not have the desire to learn or have the patience as they expect easy ...Reasons for being a loser master
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Shabs19 replied Apr 16, 2016You will know when you have the correct trading strategy for yourself when you will not be elated when your trade makes profit, you will not be angry or frustrated when you make a loss. You will treat each win & loss as only a statistic in your ...
Reasons for being a loser master
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Shabs19 replied Apr 16, 2016I think you need to work on your "profitable" strategy first, maybe patience is a big problem and you are in a hurry to make big bucks quickly and now it seems that you are revenge trading to claw back your losses. This is probably why you are ...
Reasons for being a loser master
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Shabs19 replied Apr 15, 2016Save your 8 charts with a unique "profile" name, and then whilst viewing this "profile" change the TF's on all your charts and now save this new "profile" with a different profile name. Now you can switch between profiles.
Very Simple MT4 Question
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Shabs19 replied Apr 15, 2016You have identified the reasons, it is now all about how you tackle these issues or not. Do you start again or do you quit ?
Reasons for being a loser master
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Shabs19 replied Apr 9, 2016Version 1.24 works fine, download from first post. It is an indicator.
csDash (currency strength meter)
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Shabs19 replied Mar 31, 2016I also have 2 versions of this indicator, tried my best to figure out the settings from post #1 Thanks again for your help, appreciated.
Daily Boxes/Lines indicator
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Shabs19 replied Mar 31, 2016I have a single horizontal line drawn at the open of a candle, by setting Properties to O2 What do I need to do to write the open price text above the line. What do I need to type in the Text Properties & Symbol Properties inputs ? file Thanks.
Daily Boxes/Lines indicator
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Shabs19 replied Mar 31, 2016I also use a horizontal line to mark open price of candles at specific times. I have just adapted Hanover's Daily Line Boxes indicator to do that, not quite worked out how to display the text on the line yet. Should be possible, when I find time to ...
I will code your EAs and Indicators for no charge
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Shabs19 replied Mar 24, 2016Maybe if you showed a chart ir graphic to describe what you are asking for ? Not clear what you want,
Help: Fibonacci retracement with fixed level '1' distance in pips
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Shabs19 replied Mar 22, 2016You need to replace with update version 1.31 expiry 22nd july 2016: url
MADdash (Moving Average Distance)
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Shabs19 replied Mar 21, 2016The only time the logarithmic charts are worth looking at, is over very long term charts, looking at historical data across many years or decades. For timeframes used by MT4, there is no real noticeable difference between log or arithmatic charting ...
Chart Scaling, The Great Lie of Technical Analysis, Must Watch
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Shabs19 replied Mar 20, 2016This is a script, drag onto your chart & drop where you want the line to be drawn. It automatically detects the high or low, line also changes colour and text is above/below accordingly. The text is drawn at the centre of the line. file
Daily Boxes/Lines indicator