Look At This It WILL Help
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Hello,
Something that helped me immeasurably in my trading was this. Having a real trigger as when to get in and when to get out of a trade. There are all kinds of "lines" "cross overs" but I am the type of person that likes to have a definate ENTRY POINT not something that can be viewed from 5 different angles. So here it is .... I only trade off of 4hr, daily chart. Daily chart for trend direction. 4 hr for actual entry point - sometimes I will go down to 1 hr but that is only sometimes. As long as you have 4 hr and daily chart up you'll do good. I am not providing a actual method to trade rather a couple of things you can add to your method already that will fine tune it and make it much more exact. Here it is ..... 1. Heikin Ashi candles a MUST 2. 5 period LWMA offset (shift) by 2 Linear weighted moving average = LWMA Add the LWMA to typical price h/l/c/3 In meta trader you will understand this set up of configuration. You can view the pics I posted to see the relation of the candles to the 5 lwma. This is what I use as my trigger to get into and out of trades and still after all these 3.5 years of trading it's the only thing I have come across that is exact enough for me to be able to trade with precision entry and exits. I hope it helps you. ~Colin |
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Thanks Prostyle. Very great visual.
FerruFx
__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!! More info here Coding services: Experts Advisors, indicators, alerts, etc ... NEW: TripleXXX Expert Advisor developed by Spiritfriends and coded by FerruFx ... more info |
i have missed alot
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i have really missed alot....i dont know there exist a site like this that traders relate ..and bring out result....to be sincere i commend the effort of the guys in charge ....you are really..innovative.....i will like more explanation on how the trend manager work....have anybody tried it
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Hi Colin
may i know where can i find this indicators, i am new. 2. 5 period LWMA offset (shift) by 2 Linear weighted moving average = LWMA Add the LWMA to typical price h/l/c/3 Thanks garfield. |
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Quote:
FerruFx
__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!! More info here Coding services: Experts Advisors, indicators, alerts, etc ... NEW: TripleXXX Expert Advisor developed by Spiritfriends and coded by FerruFx ... more info |
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