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- dennis681 replied Nov 4, 2015
I've never used renko bricks but this looks like fun. I installed the channel and fastMA's OK. Where can I get the nice looking Renko bricks I see in these sample charts? I looked all over for an mq4 file for the indicator, but couldn't find it. And ...
- dennis681 replied Jun 16, 2015
Xaphod, perfection and thanks! much. It now loads very quickly.
- dennis681 replied Jun 15, 2015
Sweet. First Forex Factory indicator I've ever installed that crashes my MT4. But this is a good indicator and I'll be checking back to see any future version improvements. Yes, I had also installed Traders_Dynamic_Index.mq4 in the same folder. Also ...
- dennis681 replied Feb 20, 2015
If the EU agrees to lend more money to Greece over the weekend, would that cause the Eur/Usd pair to go up or down? Thanks.
- dennis681 replied Dec 1, 2014
Since FXCM commissions, I'm not always clear on their effective fees per trade. Spread is super low, but the commissions offset that.
- dennis681 replied Sep 5, 2014
Hello Clover! I like to use H-A candles bc it's easy to see the trade running against us. But you're trading with the trend, so don't get too nervous. Anyway, this is from Post #1: Standard exit: Breach (after close) of 5M 50sma. A more conservative ...
- dennis681 replied Sep 4, 2014
Look at all your pairs using the 30M or 1H and pick the pair showing the the next setup. You're looking for a new 50 ma crossing back into the Day trend. The other thought on this is to only trade the Eur/Usd and Usd/Chf until you get experience. ...
- dennis681 replied Sep 3, 2014
These are great questions because they begin to take us deeper into the system, so thanks to you both. If this answer sounds too elementary, I'm aiming more at the newer trader, so excuse the sound of it. I wouldn't intentionally "talk down" to even ...
- dennis681 replied Sep 2, 2014
Yours is a winning attitude so congratulations. I discovered this system is simple on the outside but much more as the study and practice continues. For example, take the previous question re: H-A color. Well, H-A has powerful attributes. Else who ...
- dennis681 replied Sep 2, 2014
Two classical setups earlier today: nzd/usd, gbp/usd. We have a long-term setup @ usd/cad @ 4H breach of 50 + weekly. Precision entries and exits can use 15M cross of 10 ema. There are many such variations, not to speak of ma bounces after ...
- dennis681 replied Sep 2, 2014
Consider taking a closer look at posts #20, #23. H-A is not just about it's color. That said, the simplicity of a series of the same color tends to filter out the conflicting noises in other systems. It looks clean and makes pips.
- dennis681 replied Sep 2, 2014
Sweet Mr. Ma! If you focus on this system for a couple weeks, you'll experience what it's about. Due to it's simplicity, probably many will not try it, but that's OK. Also, you might try setting your chart to "line" instead of candle and see if that ...
- dennis681 replied Aug 29, 2014
I don't think this will be a change in trend, but the trend has weakened, so I've hedged the EU short @ Usd/Chf short @ 9147. The idea is the take profit on the hedge after it turns back into the trend, followed by profit on the original EU short. ...
- dennis681 replied Aug 29, 2014
I like showing a live trade bc I want folks to see the power of simplicity. It's all about making pips, regardless of how easy or complex the system is. Just now, our 30M EU candle has crossed our slow MA in agreement with the trend. So I'm short @ ...
- dennis681 replied Aug 28, 2014
Buy Stop @ 9367 because of bounce off the 4H moving average (10) back into trend.
- dennis681 replied Aug 28, 2014
Somehow, I'm not seeing the system. Do you?
- dennis681 replied Aug 28, 2014
Very, very cool (or as my teenager would say, 'sick'). Thanks for the heads-up!
- dennis681 replied Aug 28, 2014
The classical exit is to wait for a breach of the Eur/Usd 5M fast MA. But in this case, since I saw divergence @ two candles before my actual exit (last pink candle - showing weakness), I exited after two blue candles in a row @ 1.3274 (net +7):
- dennis681 replied Aug 28, 2014
Next, we switch to the Eur/Usd 30M chart and look for the first occurrence of a declining candle breaching it's slow MA. And as you can see, that happened two hours ago. So the entry is at 1.3185, shown by the yellow line.
- dennis681 replied Aug 28, 2014
Sure. Here's a current shot of the Daily Eur/Usd zoomed in. The red line shows C1 and the yellow line shows C2. In this case, we have a declining trend since the 10ema (1.3258) for C1 is less than the 10ema (1.3273) for C2. So any new EU trade entry ...