try square roots of 0.382, 0.618, etc.

Maanawi Trading techniques

You can draw trendlines by angle on Metatrader, just right click on the line tools and add the "Trendline By Angle" tool to your toolbar. You can set the angle freehand off a point or set it through the parameters setting. and once you draw your ...

Maanawi Trading techniques

Confucious say: " Man is incomplete until he gets married......then he's finished"

Some Advices before Entering Forex Trading

You can get 4 colour Osma to reflect, rising/falling above 0 level and rising/falling below 0 level. Can be useful, used with MACD.

Help regarding MACD, Stochastic, RSI & Divergence

1. Know your risk 2. Preserve your capital 3. Plan your Trade 4. Trade Your Plan

Nuggets O' Wisdom

I have found with Forex you can "bend the rules" slightly with inside bar definitions. Typically the first candles high to Low range is larger and totally "engulfs" the next candles high to low range. With Forex, as long as the main body of 2nd ...

What does an inside candle mean??

Macd is basically a cross of 2 moving averages, typically the 12 ema with the 26 ema. On the indicator the horizontal line is the 26 ema. The line is the 12 ema. So having a Macd line only is no better than having 2 moving averages on your chart and ...

Help regarding MACD, Stochastic, RSI & Divergence

Indicators are another way to look at price action, but they will always lag price action. Learn the basics about what each indicator is actually telling you, and also the limitations of them. Some indicators work best in trending markets, others in ...

Help regarding MACD, Stochastic, RSI & Divergence

I think you are referring to what is also known as an "inside bar" or IB. Google "inside bar". Also this Candlestick pattern is known as "Harami". This happens when the candle in question is "engulfed" totally by the previous bars high to low range. ...

What does an inside candle mean??

If you open the account terminal and double click on the blue side bar, it gives you an account summary on the task bar of MT4 Account Balance, Profit/Loss, Equity & Free Margin

account details on chart

Not to trade against the trend of a higher timeframe Waiting for the trade, not being impatient.

AHA moments in your trading career

Thanks for your help, it will work for one timeframe then not the another. So I can't see this will work universally. Ho Hum, will have to find a colour MACD Line with 4 colour Histogram built in. Unless the first indicator could have the coding for ...

Combining 2 MACD indicators

Would you mind sharing with us how you use the angle reading ?

Demark trendline angle measurments

I think this one alerts on one time frame only at a time. What you want is a MTF HAS colour bar at the bottom of the chart, I will attach both, they are not mine but found on this forum. Maybe you can adapt them to suit you.

Need Help With Heiken Ashi Programming

I have a Heikin Ashi Alert indicator if that is any help ? If you do a search, you will find a few versions.

Need Help With Heiken Ashi Programming

Zigzag without price label

need some help to edit indicator

As far as I know, mentioned elsewhere too, you cannot measure angles on MT4. Good Luck in your quest.

Demark trendline angle measurments

Envelopes — It looks like envelopes (moving averages), standard indicator with MT4, set a few times with different colours will give you the same chart.

Help: which indicator?

I think there is an indicator called Master Candle that does pretty much what you want. It finds a number of candles engulfed by the First candle, a ranging market. I will try & find it, or do a search, it might be here on FF

Box indicator