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Acerinvest, looking at your chart I am not sure why you would even use the 50 MA channel. Seems to me you could trade just the nonlagMA with the range bars. For instance, one could go short when the nonLagMA went red and crossed under the blue moving average you show on your chart. You could then close when the nonlageMA turned back green. Just ssems to make the wave obsolete. What are your thoughts?
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WHAT DO YOU THINK ABOUT THIS INDICATOR FOR RE ENTRIES SIGNALS ?

 

http://img199.imageshack.us/img199/9197/usdchf3.gif

 

http://img195.imageshack.us/img195/941/usdchf2.gif

 

http://img683.imageshack.us/img683/8127/usdchfv.gif

 

 

http://img168.imageshack.us/img168/4741/usdcad.gif

 

Saludos

Caza

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One problem I would like people on this thread to think about. Whether using the longer period MarketBias or moving averages in a rainbow indicator they are both fine once settled down but after a long trend the slower period inicators do take a long time to catch up. I have illustrated an example below. This means that until things do eventually sort themselves out we can easily miss several opportunities, or worse, be fooled into getting into them far too late in their development. Does anyone have any answers to this?

 

http://img156.imageshack.us/img156/4694/rainbowf.png

 

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Well Mr4x, what do you think of this screenshot. Just working with the MarketBias and NonLagMA indicators simply trade when in the same direction. Could it be any easier?

 

http://img263.imageshack.us/img263/6474/rangebarbias.png

 

Uploaded with ImageShack.us

 

If anyone wants the indicators, template etc . just let me know.

 

Hey Acerinvest,

 

Would you please post the indicators and template, this looks interesting and would like to give it a go.

 

many thanks!

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To plot range bars add the following indicator to M1:

 

http://www.4shared.com/file/lcKky0-b/TrendRange_bars.html

 

Then open a chart "offline". You will see one on same pair as M2. Ignore the times as they are irrelevant. The bars are to whatever length set in the indicator. Add the Cazador MA and the MarketBias indicators are you will have the system shown.

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Hi Great guys of this Great forum, i've been a member of this forum for quite some time now, but i've not followed a thread so interesting, educative and useful, i've met great forex moderators (birt, lonewolf), but Cazador is exceptional, your contribution won't go unnoticed, definitely, you have no choice to be a very very successful forex trader, i wish you luck, and as for Acerinvest and Mr4x, you guys deserve great kudos.

 

I read and downloaded all the custom indicators that were featured in this thread, but please what do you guys suggest i use on an fxopen broker, standard account and initial deposit of 1000%.

 

Thanking you in advance.

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I have just plotted two charts, one using standard bars and the other using range bars. The question in my mind was whether they actually make things any easier or clearer. Please be aware that you do also lose something in using range bars and that is the dynamics of what is going on. With range bars there is no difference between a sudden spike townwards and a steady decline. That said, however, I think the charts below are pretty conclussive in my opinion tha the range bars do give a better signal. What do you think?

 

http://img163.imageshack.us/img163/3130/rangebarsornot.jpg

 

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Hi Great guys of this Great forum, i've been a member of this forum for quite some time now, but i've not followed a thread so interesting, educative and useful, i've met great forex moderators (birt, lonewolf), but Cazador is exceptional, your contribution won't go unnoticed, definitely, you have no choice to be a very very successful forex trader, i wish you luck, and as for Acerinvest and Mr4x, you guys deserve great kudos.

 

I read and downloaded all the custom indicators that were featured in this thread, but please what do you guys suggest i use on an fxopen broker, standard account and initial deposit of 1000%.

 

Thanking you in advance.

 

1000%. ?????

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