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@DG, could you please explain the EURUSD H1 chart in more detail?
What are your settings? Thank you in advance.
Thanks for the explanation, Saver0. So if I want to attach the indicator to M15 and want my fast timeframe to be H1, the slow timeframe H4 and the slowest timeframe D1, are these settings correct? All set to M15. Bars: 24 (M15), 96 (H1), 384 (H4), 2304 (D1)
Interesting, which settings are you using, Saver0?
I am using M15 as fastest period, H1 as fast period (but invisible on chart), H4 as slow period and D1 as slowest period.
This is my EURCHF M15 chart:
Now this is really interesting.
3 hours before the move happened on CHFJPY we see the orange M15 (fastest) line making a huge spike to the upside. Right before also the green fastest line made a spike to the upside.On USDCHF we see a spike of the green M15 (fastest) line to the downside exactly one hour before the move happened.
It looks similar on EURCHF.
What do you think about these spikes, saver0?
Could we use your indicator for news trading?
Yes you were right, there is no “Arial Rounded Bold” on my computer (Windows 8).
Found only… Arial Black, Arial Bold, Arial Bold Italic, Arial Italic, Arial Regular… in the Arial family.
Hi Kiads, thanks for your reply. Yes I checked the journal/expert tab but there was no error message.
I have all 28 pairs in my market watch.
No idea how to find out about the font type.
Kiads, do you have an idea why on my chart (on the right side) the “LookUp Period” etc. is missing?
Thanks for your help.
Looks very interesting, thanks for sharing Kiads.
Could you please let me know the entry and exit rules?
Much thanks in advance.
Thanks for your feedback.
I was not sure when to close the trades (its always difficult to decide when to exit).I believe your suggestion to close a short trade when the fast red line touches the slow green line is really good.
Hi saver0,
first of all, thanks for your nice indicator.
I have placed two orders today and want to show you my entries. Let me know what you think.
I saw a similar setup on GBPNZD:
Thank You So Much My Brother.
Actually sister, but no problem Kiads. You are welcome.
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Forgot to quote simplex, sorry. simplex, this one is for you! …
Thanks a lot, GU_Night! So basically you’re waiting for two opposite PTZs and then set up your trade heading for the older one? Did I get that right?
I did understand it the other way around: He waits for two opposite PTZs and trades in the direction of the second PTZ. He enters when price gets close the first PTZ (which might be a CTZ at the time of his entry) and then trades towards the second PTZ.
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Yes it’s working now, at least for me.
Thanks saver0 This reply has been reported for inappropriate content.
Hey saver0, I checked my spam folder but there are no emails. Also my email address in my profile is correct.
In the first 2 days after my registration I’ve received an email everytime when there was a new reply to a forum topic, but since yesterday I didn’t receive an email at all.
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Hi, Erm….not sure whether is a bug. I do not received any notification email on the new posts of the thread that I have subscribed. Scissors
Yes, I justed wanted to mention this too.
3 hours before the move happened on CHFJPY we see the orange M15 (fastest) line making a huge spike to the upside. Right before also the green fastest line made a spike to the upside.
)
I was not sure when to close the trades (its always difficult to decide when to exit).
Thanks saver0