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Re: best indicator

 

 

 

Yes on the last unclosed candle it repaints if the price leaves behind the last closed candle's high or low. Therefore you should wait for the close of the last candle to see whether the reversal established or not. I follow the signal only at the upper or lower bollinger band.

 

Regerds,

HunFxTrader

 

HunFxTrader,

 

Thank you very much for such a useful indicator.

Cycle Identifier repaints very very bad. many bars can be repainted as many times as posible repaints all the time, so you cant rely on this indicator. you need a powerfull indicator to backup.

.....SELFISHNESS IS A DISEASE.....
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Re: best indicator

 

Cycle Identifier repaints very very bad. many bars can be repainted as many times as posible repaints all the time, so you cant rely on this indicator. you need a powerfull indicator to backup.

 

The Cycle Identifier actually repaints as I have noticed today. But it is good if we have it on a daily time frame. It can complement with Murrey math indicator for confirmation on trend reversal. For those who are interested in Murrey math, watch the 2/8, 4/8 and 6/8 level because they tend to give good reversal signal.

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Re: best indicator

 

I keep these two indicators on my charts at all times:

 

1. # TLB OC v2 for dynamic horizontal S/R

2. SlidingChannels for dynamic diagonal channels

 

Those two indicators allow me to scalp trade at major support and resistance points. Overlay those on the BlackDog Systems mini trend finder v2 template and you have a powerful chart for scalping some pips.

 

I also like to keep a version of the Tom Demark Sequential on the chart (especially when using the M15 and H1 charts) as a reading of 9 usually indicators a reversal at the nearest support/resistance levels.

 

Cheers!

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Re: best indicator

 

Try the following in all time frames.

 

1. Bollinger Band 20,2

2. Bollinger Band 10, 1.5

3. Trix (4,4)

4. MACD (12,26,9)

5. RSI(10)

 

Wait for both bollinger bands to pinch(Double pinch). Look for Trix and MACD to cross zero line, and confirm with RSI(10) crossing the 50 line. When you see all these conditions met enter the trade either long or short.

 

 

this is very very interesting

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Re: best indicator

 

@ KWU . :-bd :-bd :-bd

Thanks For warning us ... PAL :) VOLCANO IS UN ACTIVE PERMANENT :)

[spoiler=stttttt... hey You .. YES you ... let tell me you A SECRET ... click here ... yeah ... click on this button ] II Vocabulary that you should know:

PLON=it mean someting that really bad ... REEEELY BAD like a BLOOD sucker stuff ...

CEMPLON= the PRODUCER OF SOMETHING THAT CLAIM GOOD but IT IS NOT ... and WASTED all YOUR MONEY!

---- make sure Oxford or Cambridge knows it ...--- K =D>

 

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