There is no problem in TP. If your entry is accurate based on RSI – your exit should be based on same.

Just exit LONG when RSI=~65.

G.

Cool,   good for you brother.. if it work every time then this should be amazing, and become the best system at all.

By constant 50% growth every months only with 1 single trade, with only $1000, in next 4 years you could sit next to Bill Gates in Forbes Gala Dinner.

But, you still don’t answer all the questions why 5 ticks chart ? why not 1…[Read more]

It’s Nice if you find out that tick chart is useful for you Brother,  but I believe this is not the only one right way to Rome

Don’t you think that 5 ticks chart also visually form as ‘candlestick’ or line charts too ? and that ‘5 ticks’ also a ‘snapshot’ that ‘framing’ the movement every ‘5 ticks’.. ? and then your RSI that actually use…[Read more]

on Volume related indicators:

such as ForexGT_VolumeOsc, ForexGT_TickVolume, VZO, TVI, etc.

Always confirm and validate your strategy and Volume related indicator behaviour & parameters with assets that have REAL volume data, Such as Futures, Indices, commodities (such as DAX, S&P, Oil, etc.).

G.

on Volume related indicators:

such as ForexGT_VolumeOsc, ForexGT_TickVolume, VZO, TVI, etc.

Always confirm and validate your strategy and indicator behaviour & parameters with assets that have REAL volume data, Such as Futures, Indices, commodities (such as DAX, S&P, Oil, etc.).

G.

Yes Brother G, I really understand about that..

But I believe that we could also agree that we have choice to select different point of view.. while actually we look at exactly same object.

In my personal opinion and experiences so far, the main important thing is the understanding not the rules, because rules could always change depend…[Read more]

Watch out from “Patterns” and Guru’s that preach about them.

Human mind is “rigged” to find “patterns” in everything we look.

I can show you clouds in the form of people faces, and in a full moon I can even point to a specific ones on the face of it…

Same goes to chart “patterns”. Your mind is playing tricks on you. The ONLY TRUE chart is…[Read more]

Watch out from “Patterns” and Guru’s that preach about them.

Human mind is “rigged” to find “patterns” in everything we look.

I can show you clouds in the form of people faces, and in a full moon I can even point to a specific ones on the face of it…

Same goes to chart “patterns”. Your mind is playing tricks on you. The ONLY TRUE chart is…[Read more]

Watch out from “Patterns” and Guru’s that preach about them.

Human mind is “rigged” to find “patterns” in everything we look.

I can show you clouds in the form of people faces, and in a full moon I can even point to a specific ones on the face of it…

Same goes to chart “patterns”. Your mind is playing tricks on you. The ONLY TRUE chart is…[Read more]

Thank You Brother,

And here is what I know,  example of one type of wicks formation with good probability and result consistency.

And by looking at the ascending or descending wicks formation we know that the bigger the pressure of current trend for example bearish force, then the stronger the rejection of the bull force and the result is…[Read more]

Hi brother, from your example picture, you already use BB in your main chart, maybe you only need adjust the setting like this bellow example;

the purpose to ‘set’ fixed min/max is to keep the zero line at the middle of every TVIs, so, there’s no need to put same positive / negative value on each TVI just put equal neg/pos value that could…[Read more]

Ok, this is example of engulfing pattern types and you could see that you can’t only rely on the pattern itself but you should also look at where this pattern show up and still need other references to make decision and that will make ‘late’ decision and increase your trading risk.

In the other hand, if you study the ‘wick’ formations,…[Read more]

Ok, this is example of engulfing pattern types and you could see that you can’t only rely on the pattern itself but you should also look at where this pattern show up and still need other references to make decision and that will make ‘late’ decision and increase your trading risk.

In the other hand, if you study the ‘wick’ formations, actually…[Read more]

Hi Brother, for ‘wick’ oscillator you could search for wick-o-gram indicator on FF or TSD, but for wick patterns analysis what you need is only naked candlestick chart.

MTH

The main question is,  are you sure that ‘engulfing pattern’ is profitable pattern from risk and reward point of view ?  from my personal opinion, ‘engulfing pattern’ is late and high risk pattern.. lol.

As we know that we could ‘find’ engulf from M1 to MN time frames, so for example in monthly chart, you can only make sure that the current p…[Read more]

Nice discussion, subscribed  but where we go next ? searching for ‘more’ simple trading system ?  are you sure ? do you need that  simplicity ? is there one that fit for all ?

previous discussion give us exact example that there’s no such thing that so easily fit for all.. lol.

Even there’s so many theories about the meaning of ‘strength’.. om…[Read more]

Hi All,  too quite here lately.. lol,   hopefully all of you always in a great healthy and prosperity and always in happiness with your trading hobby.. 

Just record my progress in last Feb 2016

This is summary of February trades

Currently I’m in ‘temporary floating minus’ for approximately 4% of my current equity.. lol, but of cou…[Read more]

Hi Brother, sorry for very late reply..

yes, You could ‘lock’ the TVI oscillators range to the widest one so the shorter range will follow the wider range oscillator, and keep the center line equal to all the superimposed oscillators.

By doing that, maybe you will loose the ‘detail’ of every oscillators but you could see the ‘general’ movement…[Read more]

On Trailing Stop:

First one is self-explained.

The second one is a proportional Trailing, maybe suitable to my previous post on that subject, i.e. reduced trailing as approaching TP.

Formula: ProportionalSL =(CurrentPrice – OrderOpenPrice) x Ratio – Spread

G.

On Trailing Stop:

First one is self-explained.

The second one is a proportional Trailing, maybe suitable to my previous post on that subject, i.e. reduced trailing as approaching TP.

Formula: ProportionalSL =(CurrentPrice – OrderOpenPrice)| x Ratio – Spread

G.