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most buy and sell indicators are very unreliable during major news releases.
i tried it on eurjpy today. It was quite unreliable. But some other time. it is very stable and rewarding. Especially when no news is forth coming. |
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No indicators can predict the direction an announcement will induce in the market. When there are news releases, you will often see that price breach most TA rules, but later on will return to the trading channel. Indicators etc are not to be used during news forecasts. If you want to trade news, you need to study fundamentals and news trading.
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Mouteki Indicator?
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Hi all.
Does anyone know about the Mouteki Indicator? I downloaded it and it looks good; but i'd like to hear from anyone who may ahve used it before to know how viable it is. I know indicators can be tricky and bla,bla,bla, and that's why i'd like to get your opinion on it. Thanks in advance |
Thanks.
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Quote:
Thanks. "I am not neccessarily looking to make a kill with forex, i primarily just want to make consistent decent pips" |
Installation
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Could you please email instructions on how to install the indicator, since it opens in the mt edit window and I do not understand how to make it work. Thanks rtame@yahoo.com |
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hi all,
i seem to be in a fix. i want to fund a life account wit about less than a thousand dollars and dont know the appropriate leverage to use.pls can anyone offer advice on this...tsn, Last edited by bossxero : 03-02-2008 at 04:51 AM. |
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Quote:
This indicator was renamed to SHI_Silvertrendsig.mq4 in the early 2007. ![]()
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Tickwatcher3
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hi guys,
I found this indicator, lord knows where, and have been trying to change the time frames used to more of a day trading time frame ,M5,M15,M30,H1. At the moment it has H4,D1,W1 and MN. I tried adjusting the code , no joy I've been searching for one like this one that has MACD , this one uses ADX. Any assistance or comments would be greatly appreciated. Cheers Steve |
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