blue lines = support. do you guys see some other sr-levels?

No Brainer Trades

Breaks through the daily sr-level which wasnt a strong sr-level though. Good sell entry on the 15 Min Chart.

No Brainer Trades

forgot the pic.

No Brainer Trades

lets see if it holds.

No Brainer Trades

Would you have traded the eur/usd? There were news for gbp 10:30 (gmt +1) and 11:00 (gmt +1) for the euro.

No Brainer Trades

Thanks for the answer and the illustration.

No Brainer Trades

sorry man, but have you actually read what i wrote? the question was about the retracements.

No Brainer Trades

One of Steve´s criteria if a level will hold or not is this one: If price has already undergone a significant retracement not too far away (20 or less pips appx.) from the level we want to trade. For instance, EUR/USD is in an uptrend. You mark a ...

No Brainer Trades

Popped right through it. The 5 Min Chart shows how it goes right through it and uses the s/r-level as support now. I wonder if Steve would have played a sell. I didn´t, dont know how to play the dailies.

No Brainer Trades

Just saw that on the daily chart of gbp/usd. Would you sell right away or wait for confirmation. I have my difficulties with longer term s/r-levels because they tend to overshoot a lot. How would you trade this one?

No Brainer Trades

Thanks!

Bug with MT4 Historic Data on Simulator

i found the problem. the posttickdata indicator doesnt support 300 Tick charts. Does someone know how i can change that?

Modify Tick Chart Indicators

i changed the sell and buy settings and added a macd. it should buy when macd is above 0 and rsi above 50. i dont undertand why the ea doesnt open a new buy order when macd is above 0 and rsi above 50. the criteria is met, see the chart 02.06.2009 ...

Selling below the current Bar when RSI is below 14?

ah, i see, im really sorry hayseed, my bad. you are totally right, the way i said it your criteria is right. sell when rsi goes from above 50 to below 50. buy when rsi goes from below 50 to above 50. this is what i meant. sorry again.

Selling below the current Bar when RSI is below 14?

the last screenshot of yours shows rsi below 50 indicating a sell signal but it went long. "this latest seems to opposite of before.." this is just a refinement and needs to be taken otherwise there are to many false signals.

Selling below the current Bar when RSI is below 14?

hey hayseed, i have changed the code for the buy and sell signal they were reversed. the ea sometimes works and sometimes not. see the chart below. the criteria is met but there is no sell signal. i have added a macd, selling below the 0 line. do ...

Selling below the current Bar when RSI is below 14?

1. only sell when rsi has moved from below 50 to over 50. sorry for the mistake i made in my previous post. 2. only buy when rsi has moved from above 50 to below 50. 3. trading hours only from 9:00 gmt to 17:00 gmt (this is very important, can you ...

Selling below the current Bar when RSI is below 14?

one last thing, there is only a sell order. i tried to add a buy order but that didnt work: if(CountOrders(MagicNumber,OP_BUY) == 0 && rsi > selllevel && rsi2 <= selllevel ) { ...

Selling below the current Bar when RSI is below 14?