Have you looked at Steve Hopwood MPTM?

G.

Those are basically TL’s on the DIFF & Gadi_OBV.

That’s the correct way to spot early breakouts – and not on price action.

G.

The “killing Zone” explanation on Gadi_OBV indie is about finding a RANGE (Horizontal Lines) and not TL on Volume.

The above is usefull for breakouts and News trading, as well as finding “false” moves (stupid money price action…).

G.

Read my entry on lot size in the VIDEO thread. DON’T use proportional – it’s common newbies mistake.

G.

1. Hide stops from broker – SL is programmed into the EA or MM as program: if [condition] OrderClose(….);

2. On shorter TF’s SL should be at current or previous Lowest/Highest. Reason: the combined signal is strong, so price should move quickly in our direction. Otherwise it might be toolate entry or market changed rapidly. In either case we…[Read more]

1. Hide stops from broker – SL is programmed into the EA or MM as program: if [condition] OrderClose(….);

2. On shorter TF’s SL should be at current or previous Low/High. Reason: the combined signal is strong, so price should move quickly in our direction. Otherwise it might be toolate entry or market changed rapidly. In either case we want…[Read more]

1. Hide stops from broker – SL is programmed into the EA or MM as program: if [condition] OrderClose(….);

2. On shorter TF’s SL should be at current or previous Low/High. Reason: the combined signal is strong, so price should move quickly in our direction. Otherwise it might be toolate entry or market changed rapidly. In either case we want…[Read more]

1. Hide stops from broker – SL is programmed into the EA or MM as program: if [condition] OrderClose(….);

2. On shorter TF’ SL should be at current or previous Low/High. Reason: the combined signal is strong, so price should move quickly in our direction. Otherwise it might be toolate entry or market changed rapidly. In either case we want to…[Read more]

1. A position is not “loosing”. It’s money in the market. It will become “loosing” if you close it without profit…

2. Can’t bare the DD? – Hedge !!

3. Work yourself out of of the hedged position, in small steps, until BE.

4. Can’t work yourself out of hedged position? you don’t have a reasonable winning system, so quit trading and get back…[Read more]

Yes, if you insist to enter on TL on price… that’s ALWAYS lagging…

You got a perfectly “legal” and “by the book” entry signal one bar before your entry.

G.

…”It’s not necessary to reflect that in the indicator”… : So identical 0.01% increase/decrease in EURUSD & AUDUSD, although producing different outcome (before MM), is treated the same by your indie? Hmmm….

Indie will show same “strong” move but one will actually be “weaker” than another. Yet another Hmmm…

What about GBPUSD & AUDUSD? th…[Read more]

…”It’s not necessary to reflect that in the indicator”… : So identical 0.01% increase/decrease in EURUSD & AUDUSD, although producing different outcome (before MM), is treated the same by your indie? Hmmm….

Indie will show same “strong” move but one will actually be “weaker”. Yet another Hmmm…

What about GBPUSD & AUDUSD? the di…[Read more]

…”It’s not necessary to reflect that in the indicator”… : So identical 0.01% increase/decrease in EURUSD & AUDUSD, although producing different outcome (before MM), is treated the same by your indie? Hmmm…. Indie will show same “strong” move but one will actually be “weaker”. Yet another Hmmm…

…”considerable move towards f…[Read more]

…”It’s not necessary to reflect that in the indicator”… : So identical 0.01% increase/decrease in EURUSD & AUDUSD, although producing different outcome (before MM), is treated the same by your indie? Hmmm….

…”considerable move towards fundamental analysis”… : I’m all in favor of it…

Already discussed and explained to SmallCat (…[Read more]

…”considerable move towards fundamental analysis”… : I’m all in favor of it…

Already discussed and explained to SmallCat (on Skype) how I use the USDindex in my trading the majors.

It’s incorporated in my Spaghetti indie, but you can use it as a separate indicator.

G.

…”considerable move towards fundamental analysis”… : I’m all in favor of it.

Already discussed and explained to SmallCat (on Skype) how I use the USDindex in my trading the majors.

It’s incorporated in my Spaghetti indie, but you can use it as a separate indicator.

G.

1. …”we basically can generate identical profits from both moves”… : Not quite… 0.01%x1.2 (EURUSD) doesn’t equal 0.01%x0.70 (AUDUSD).

2. We currently accept the fact that the USD is generally stronger than the EUR. So why is 1EUR=1.2USD? If and how it’s reflected on the indie?

3. The purpose of the indicator is to show you the market as…[Read more]

You could enter one bar before on M1. Everything looks aligned.

Otherwise – good job !

G.

I’ll try to find time for this on Saturday.

G.

Well, LUCK is not among my indicators – as you can see above…  ;-}

G.