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chetachukwu

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Posts posted by chetachukwu

  10. [REQ] DYNAMIC RANGE INDICATOR

    in MetaTrader Indicators Request

    Posted

    Re: [REQ] DYNAMIC RANGE INDICATOR

     

    i think so, But SEFC i've been thinking of this mathematical equation for forex indicator but am not a coder

    The idea is this; Make an arrow indicator with the following calculations====previouse bar (High+Low)-Open

    draw an arrow for uptrend if Present Bar (Open) price is lower than===previouse bar (High+Low)-Open Draw an arrow for downtrend if Present Bar (Open) price is higher than===previouse bar (High+Low)-Open.

  25. (SHARING) gift 2 all my lovely traders

    in Trading Systems and Strategies

    Posted

    Re: (SHARING) gift 2 all my lovely traders

     

    Many of you are comfused now, how to trade it, the rules , dont worry i'll give it to you my friends there is nothing in forex that i cannot do for you all HERE: the rules

     

    I recommend using a 30min chart with this version

     

    Keep it simple with 3 Semafor Alert...

     

    You only want to trade from the direction of the last stage 3 marker (that's a yellow dot with a star around it).

    Make this marker your base from which to trade from.

     

    So, if the last stage 3 marker was a LOW you only want to be going LONG with an exit target on the next high yellow dot (stage 2 marker)

    ***Do not go short with the newly formed stage 2 high as you would be going against the trend.

    Instead, wait for the next low yellow dot (stage 2 marker) to form then go LONG again with an exit target on the next high yellow dot (stage2 or 3 marker)

    ***You can also go long on low green dots (stage 1 marker)

     

    If the last stage 3 marker was HIGH, you only want to be going SHORT with an exit target on the next low yellow dot (stage 2 marker)

    ***Do not go long with the newly formed stage 2 low as you would be going against the trend.

    Instead, wait for the next high yellow dot (stage 2 marker) to form then go SHORT again with an exit target on the next low yellow dot (stage2 or 3 marker)

    ***You can also go short on high orangered dots (stage 1 marker)

     

    ***Keep your stop behind the last yellow dot.

     

    Sometimes whilst waiting for the yellow stage 2 marker to draw a stage 3 marker will be drawn instead,

    either way this is your EXIT on the first signs of a pullback.

     

     

    Inc. template, indicators, sounds and font. :P

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