To the RIGHT of  H1 bar, opened @08:00 (current time is 08:55):

Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (each in different color)

To the Right of the above bar:

Bar +2: 1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3 intervals of 5 minutes)

To…[Read more]

To the RIGHT of  H1 bar, opened @08:00 (current time is 08:55):

1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (each in different color)

To the Right of the above bar:

1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3 intervals of 5 minutes)

To the Right of…[Read more]

GBP reached the 60% (+some…) of the NFP move.

Now waiting for another up move to retrace to the total 60% move.

G.

Thank You Brother BlackStack for the explanation..

And for all,  as you know that I’m one of ‘repaint’ indicators lover so this SSS indicator also one of this ‘repaint’ indicator ..lol.

I already explain in post 1, that you can’t only rely on TA tools only to reach your success in trading, especially MT4 Indicators whatever they are..

About…[Read more]

Hi Brother,   I use MT4 default Fibonacci Arch Tool. If ‘she’ not show up in your Line Studies tool icons , just hover your cursor, right click, and select customize to show all the tools you want to use.

Best regards

MTH

On the previous subject of bars  “direction change”:

Bars #1 & #2 Highs are higher than previous bars High in down trend/swing – early signal for direction change.

Bar #3 High is Not higher than previous highs (in down trend/swing) – direction will not change.

Bars #4, #5, #6, #7 Highs are higher than previous bars High in down trend/swing – ea…[Read more]

In MT4, the TIME scale at the chart bottom is the OPEN time of that bar/candle.

It stays and constantly draw/paint that bar movement until that TF time ends.

So, on H1 bar, you can draw within that same bar, the already closed M30 movement, M15, M5 & M1 – each with different background color, using stronger colors for shorter TF’s.

Using it…[Read more]

In MT4, the TIME scale at the bottom of the chart is the OPEN time of that bar/candle.

It stays and constantly draw/paint that bar movement until that TF time ends.

So, on H1 bar, you can draw within that same bar, the already closed M30 movement, M15, M5 & M1 – each with different background color, using stronger colors for shorter T…[Read more]

So, Yesterday result

You may wonder, why with up signal, most of the trade entries in short positions.. lol. This is because I ‘seeding’ this short positions previously and closed it one by one when market start to move up, and of course re-seeding my long positions on the way up.. until today when there’s down signal show up in EU daily…[Read more]

For our brother that ask me about ‘cyclical market behavior’ here we go the example

At the above example, you could see that this big ‘final down’ cycle sooner or later will be finalized. But, don’t be so sure that the ‘current’ price down movement will continue to reach that lowest ‘smiley’ line.. this week or next week.. lol.…[Read more]

Hi Brother,  for SSS Indicator OHLC TF setting is set to 15 minutes default, this only related to the ‘sensitivity’ of the ‘smiley’ signal line.  Higher the TF setting , then the lines become fewer..

For 3 TF charting, yes  Daily, H4, H1 is good, or alternatively H4, H1, M15 as your ‘daily’ watch because of their 4x step ratio, while Da…[Read more]

Good Local Morning.. lol,  Thank You for all nice comments..

Hi Guys.. this Tuesday EU daily chart ( my broker with GMT 0)   give us down sign.. so let see if today candle will become bearish candle.. lol.

Btw, this is example on how to look at her in general when i combined her with my 7ohlc indicator river (with high low option set to fa…[Read more]

Maybe you don’t understand – but this shouldn’t repaint.

G.

If you do it on H1 chart (or any other higher than M1 – my prefered and used method):

You should extend the already closed lower TF bars/channels to the right of the H1 (as if “prediction” bars, but they are actually real ones).

For those extended bars the TIME is meaningless, and they should be scaled to the H1 scale. More complicated to…[Read more]

If you do it on H1 chart (or any other higher than M1 – my prefered and used method):

You should extend the already closed lower TF bars to the right of the H1 (as if “prediction” bars, but they are actually real ones).

For those extended bars the TIME is meaningless, and they should be scaled to the H1 scale. More complicated to program, but…[Read more]

If using M1 chart:

M1 channel – should be from bar 1 till end bar on the high/low of each one.

M5 channel – should be from bar 5 till end bar, stepping 5 bars on the high/low of each 5’th bar.

M15 channel – should be from bar 15 till end bar, stepping 15 bars on the high/low of each 15’th bar.

etc…

G.

It’s because of the NFP good news on the USD. It’s hard for the GBP to overcome that. but continue to watch…

G.

It’s because of the good news on the USD. It’s hard for the GBP to overcome that. but continue to watch…

G.

It’s because of the good news on the USD. It’s hard for the GBP to overcome this. but continue to watch…

G.

GBPJPY joined his GBPAUD & GBPNZD friends and also reached the 60% target (+some).

It also opened the week with ~14 pips gap, as predicted.

Now we wait for the GBPUSD…

G.