Price is trying to cross this line, we see it? image if the price will cross this line so price will go down for some more ... pips for example. It is just nothing for M1 timeframe but if we will use it on H4 or D1 - it may be good profit.

Trendline breakouts

well. do you know why it is so difficult to trade on this way? Because trendlines and support/resistance lines are indicating the following: what is going with the price right now. Right now on open bar. It is very different from standard indicators ...

Trendline breakouts

Lower trendline was crossed by price. Downtrend image

Trendline breakouts

It is the situation for now: image Where the price will go? It depends on which trendline will be crossed by price ...

Trendline breakouts

I am using very old MaksiGen indicator (attached) with default settings. And I am using M1 timeframe just especially ... to see how the price willm ove in quick way. Of course, M1 timeframe is not a typical, one for this kind of trading.

Trendline breakouts

It is the situation for right now (I opened sell) ... but where the price will go to for now? image

Trendline breakouts

This is USDJPY for now as an example - we see breakout levels, besides - the price break one trendline ... I do not remember the name of this price pattern when the price is inside the cross created by 2 trendlines ... cross? so if the price will go ...

Trendline breakouts

Yes, that's right. Some traders are thinking that breakout is easy to trade compare with trend following. But it is exact opposite - it is difficult to trade. It is easy to see it on the chart (post-breakout) but it is not easy to trade using price ...

Trendline breakouts

Just look at facebook and can not find the statement ... just screenshots only: deposit is for few millions dollars, lot size = 500 wth 1,7K free margin ... I will never have deposit 17 millions ... if you can deposit 17,000,000 dollars so ... you ...

The SONS Method

why the statement? because the most important is to know where the system can lose, where the trader can use his trading skills instead of the system rules. if I am wrong so sorry but it is my experience.

The SONS Method

And did you try - sorry for the question? because the system without trading results is just some setup of indicators on the chart ... no more Simple metatrader statement for few weeks or for many days ...

The SONS Method

It looks like support/resistance trading (price is touching the lines 3 times as a maximum ...). May be I am wrong.

The SONS Method

well It is ALMA_v1 SW indicator from this post. I just used different IndicatorValue in input (from 1.40 up to 0.4) - see image attached: image I mean - it is on open bar, right? So, it can be used for information only ... MTF is continuing ...

Arnaud Legoux Moving Average - ALMA

Hi Igorad, I was reading this article about AlMA from the link you provided (download from here) and as I understand - authors of this idea (general idea about ALMA indicator) made indicator without contradiction between smoothing and lagging - ...

Arnaud Legoux Moving Average - ALMA

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