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Merry Christmas to all……. And Happy new year to all member here or there and all people all over the world This is my first program in MT4 I introduce it to all of you , dashboard with three dimension of Multi-pair and Multi-time frame with Multi indicator all of them at one screen this is the version 1 feel free to share your idea about the the dashboard world and if there is any error I’ll improve it later I hope this will help you to get GREEN PIPS in NEW year Of coarse the signal come from this indicator is the default signal and Green for buy Red for sell and Yellow for no signal Later I’ll improve the input now i choose EURUSD,GBPUSD,USDJPY and EURJPY Green Pips in 2015 to all Thanks Selim
Very nice work Sasco. Tnx for sharing your hard work.
Because i don’t believe in trend line. It like illusion of bars/candles on time series.
Yea, I get you
If it makes any sense, what I’m interested is not in trend lines or bars/candles. Like I don’t care if price breaks a trend line or even the shape of the pattern so much. I’m interesting in understanding what the traders are thinking. I want to see how they are reacting around key levels. I want to see to which direction the supply and demand is pointing. Let me show an example from AUDUSD H1 This is a trade that I’m waiting to make as soon as price gets to somewhere around the top trend line and make a good PA.Same thing applicable here.
Here is my analysis on GU for today. I took a short, could be a bit early. It’s possible that the price will come back up to 1.56 area. I started from Weekly all the way down to H1. All timeframes indicated a downtrend and no signs of the trend ending. H1 is showing a compression and a possible expansion after. This is all based on candlesticks and trendlines. During the compression followed by the breakout, there is a possibility of a small spike upwards. Keep it simple. Pay attention to each and every candle. Read its size of the body compared to the others. Look at the rejections near key levels and trend lines. By looking at the rejection I mean look to see how big the rejected candle is compared to the previous and the reaction after. It may have been a false rejection. Understand what the candle body and the wicks are telling you. Each candle represents the physcology of the traders that participated and also those of who chose not to participate. It’s all there like a book to be read
Solid PA analysis. Only thing missing is a cycles indicator to help with better entries. Will save you from massive draw down and keep any losses very small. Great RR too.
If it makes any sense, what I’m interested is not in trend lines or bars/candles. Like I don’t care if price breaks a trend line or even the shape of the pattern so much. I’m interesting in understanding what the traders are thinking. I want to see how they are reacting around key levels. I want to see to which direction the supply and demand is pointing. Let me show an example from AUDUSD H1 