Same trade we both made. How it looks at mt5. Just for record. Take a look at delta. I call it AAAAAA (6A) setup. When distance, candle color, candle size, stochastic, delta and time both good. I'm not using footprint and orderbook like RickM, mt5 ...

The brutal truth of day trading

No! Please let me follow you! I want to reveal your secret magic approach about tick volume data. This is so unique and interesting that I just can't walk away from this!

The brutal truth of day trading

You are so unique, and your calculations are so unique. 100% that you are using the hidden invisible data that we don't have access to. You spent years of research to create multi timeframe tick volume based histogram. Got it. Now I'll call you The ...

The brutal truth of day trading

Will it go up more, guys?

Cable Update (GBPUSD)

Do you really trade?

The brutal truth of day trading

Could you please, if it is possible, create the mt5 version? Thanks!

Indicator for identifying ranging condition

Please call Peter, there are another holy grail strategy that can beat his 5% daily profits!!!

I've created a monster

Thanks for your kind words! I'm using it to trade long on crypto spot mostly. On forex I'm trading imbalances on 1m TF, but there are so many indicators you will disqualify me P.S. Please keep in mind if you want trade crypto with that ...

(binned per thread starter’s request) Trading with only basic con

Hi! I don't know if I can be disqualified, but if time can be used as additional... but you also have lines and time on your chart, so it is ok I think Working hours: London Open - NY open +2 hours. If candle closed lower Asian low - short, ...

(binned per thread starter’s request) Trading with only basic con

You asked How can this indicator be used for entry. What should be the additional signs of entry? Didn't get your answer, but no problem. Anyway your research is very promising! Stay green!

Indicator for identifying ranging condition

Very interesting! But please tell me may be I'm wrong image First entry because histogram was > yellow line & close > upper BB Second because > too & close < lower BB Or I miss smth? p.s. the idea to count distance is extremely good. I'm using ...

Indicator for identifying ranging condition

url

Trading Made Simple

Could you please reveal the mystery about stochastic? Especially how it shows overbought and oversold areas if it has no volume data for its calculations?

Trading Made Simple

May be you are right, but personally I don't care if market is rising or falling. I tried to check it to make a decision but it just add some mess. A lot of people are using higher TFs to detect the trend but I have found it useless. The only thing ...

Is it possible to reinvent the wheel?

Stochastic can't show oversold and overbought areas because there are no volume data used in its formula. It just calculate candle highs/lows. It is useless and very dangerous on unstoppable trending market. It will show "oversold/overbought" ...

Trading Made Simple

Never trade stocks seriously. Zero knowledge about it. Once I was trying to trade cheap pharmacy stocks using finviz dashboard to find overbought areas. It was not so good because in most cases you just can't short. It is not allowed by their rules. ...

Is it possible to reinvent the wheel?

F**ck them. In the other thread one successful trader registered at 2012 ask me to study how stochastic works. He think it shows overbought and oversold areas and depends on stock exchange type. Here we have 5% daily Peter with magic random ...

The brutal truth of day trading

No matter on what type of exchange you will use Stochastic. It will not show overbought and oversold areas.

Trading Made Simple

If you want go deeper... Stochastic does not show oversold or overbought areas because its formula does not use volumes, only price.

Trading Made Simple