Which indicator, specifically, isn't working on Built 625? On old version of MT4 indicators where in MetaTrader 4/experts/indicators On new version of MT4 indicators are in MetaTrader 4/MQL4/Indicators Thus, you should check first if the indicator ...

Price Action in Day Trading by Dadas

Oh, and you must always take into consideration, that no matter what you believe, there can always be such a situation that the moment you open a trade, the Price will suddenly go against you, and you won't even be able to set up a Stop Loss. You ...

Price Action in Day Trading by Dadas

Please, I am not a genius. The guys who write all those super complicated programs, they are genius. I am, simply, devoted and one-way- oriented as far as trading is concerned. I subscribe to the KISS rule - Keep it Simple Smart! So, you have got ...

Price Action in Day Trading by Dadas

A live example is coming just now: image I made some mistakes on the first trade: 1. I assumed Long, 2. I entered without waiting for the retrace back to the Risk_Entry_Zone. If I had waited for the retrace, I wouldn't have opened any Longs, c/z ...

Price Action in Day Trading by Dadas

It's the shift of thinking, reorganising the blocks in your head, which make almost perfect entries possible. Start NOT from looking at Profit, but, as I once said here, ask yourself how much you can Lose! Thinking in terms of how the Price works, ...

Price Action in Day Trading by Dadas

See, just trade: image Lost 2 Pips, gained 5 Pips = 3 Pips Profit. I know, this second trade was not waited out, but I got what I wanted - min. 2 times my loss.

Price Action in Day Trading by Dadas

Look at this: image In each Entry you can risk the minimum your broker allows. Naturally, the first entry is always the best. You can create philosophies, see SHS or whatever. But, all you need is trend signal and R/R.

Price Action in Day Trading by Dadas

PS. About the SBOC, I use it on higher Tf's to identify trend and as Entry signals. I hope you know what a Trend Candle/Bar is? On M1 I can't see any SBOC soon enough to react, c/z when it happens, that's my move! I trade the general PA market ...

Price Action in Day Trading by Dadas

The signal is only one: SBOC (Significant Break Out Candle). Otherwise called Engulfing, or Outside Bar - notice the "Bar" (High to Low). The rest is trading!!! Risking less than you profit!!! When are you going to understand this simple fact??? All ...

Price Action in Day Trading by Dadas

You are correct! But, I pay more attention to the trend lines as they appear and ganeral PA. The extensions give me extra information, but I always assume they mean very little. IOW, I now trade instead of creating philosophies! Nothing on pairs, ...

Price Action in Day Trading by Dadas

These trades are not exactly done by the above algorythm, mainly because they are scalping the M1, where there isn't enough room for all those procedures, but, risking 8 Pips against 24..., well, that says it all! Yes, it is possible to trade the M1 ...

Price Action in Day Trading by Dadas

This is the trading algorythm: Go to your Master_Trend_Tf chart and define the current trend by last Closed Candlestick or Bar; If trend Bear, trade Short at Top, if trend Bull, trade Long at Bottom; Go to your Trading_Tf chart and define the ...

Price Action in Day Trading by Dadas

Sorry, but I am too serious to bother with such stupid things. I didn't even notice it was 1st of April. image

Price Action in Day Trading by Dadas

Cool tool this new indi of mine! image Now, scalping becomes fun!

Price Action in Day Trading by Dadas

Just, please, dapsy, don't trade real money until you know for sure that you are doing the right things! Even if it must take another 3 years of demo trading!

Price Action in Day Trading by Dadas

As you might expect, I am always inventing something. Thus, Dadas_True_Trend_Indi_v3.1.mq4 with extensions.

Price Action in Day Trading by Dadas

With great thanks to my good friend Phi1ipp, I introduce the Dadas_True_Trend_Indi_v3.mq4 file file This one shows the trend of the chosen Tf on any smaller Tf. So, if you set Tf=60; you won't see it on H1 charts, but you will see it on M30, ...

Price Action in Day Trading by Dadas

Well, dapsy, you tell me! Are you doing the right things? What are your results showing you?

Price Action in Day Trading by Dadas

This is also to everyone! Trading is not about knowing or predicting or calculating which way the Price will Trend!!! Trading is about Trading, which means Entering Trades and Managing the Risk in such a way that if the Price goes against our ...

Price Action in Day Trading by Dadas

This is to everyone! Trend NOUN 1 A general direction in which something is developing or changing. By Oxford Dictionary. Trend The general direction of a market or of the price of an asset. Trends can vary in length from short, to intermediate, to ...

Price Action in Day Trading by Dadas