For those interested in Currency-Strength indicators and their internal logic build/structure:

G.

For those interested in Currency-Strength indicators and their internal build/structure:

G.

I have the feeling that the Penguin EA went to sleep…

ClearMethod Function is done (Although refinments with ADX can be added) – (the “Price-Action” logic part)

VZO Function is done – (the “Volume” logic part)

Currency-Strength Function is still missing… (the “Market Sentiment” logic part).

Patiently waiting….

G.

I have the feeling that the Penguin EA went to sleep…

ClearMethod Function is done (Although refinments with ADX can be added) – (the “Price-Action” logic part)

VZO Function is done – (the “Volume” logic part)

Currency-Strength Function is still missing… (the “Market Sentiment” logic part).

Patiently waiting….

G.

G.

The NZDUSD also reached its target. So it’s 3/3 wins for ~220 pips.

Happy weekend.

G.

AUDNZD & NZDJPY reached their target with 88 & 94 pips respectively. Waiting for the NZDUSD…

G.

Yes, the $1231 addition to my account are saying the same….

G.

Yes, my $1231 addition to my account are saying the same….

G.

All 3 trades are in profit and protected now, waiting to reach 60% target.

G.

I’m all in on those 3, and you can still join the ride… It will take quite some hours, but worth the wait.

G.

The whole concept of “1:1 Ratio” is very misleading. It means the following:

1. You know where to put your StopLoss. That one is easy, because it’s based on already known history (never mind what method you use: S/R, ATR, last Swing, etc…).

2. You KNOW where the market WILL go… utter B.S. … or you are a Voodoo man, magician, Prophet, or…[Read more]

Off Topic:

NZD cash rate announcement from few minutes ago can yield more than 220 pips on NZDUSD, AUDNZD, NZDJPY if using my 60% retracement instructions (see pipatronic video on the subject).

Green pips.

G.

…”The main idea is very nice”… Agree.

…” and works”… No.

This project isn’t working yet, and have missing parts in it’s logic. I think you need to read carefully from start to understand the concept, not just 1/3 of it….

Same goes to mohammed witwit “testing” and remarks.

G.

…”The main idea is very nice”… Agree.

…” and works”… No.

This project isn’t working yet, and have missing parts in it’s logic. I think you need to read carefully from start to understand the concept, not just 1/3 of it….

G.

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.

Moderator Edit: This post was marked as inappropriate. I do not see a reason for that, so I removed the mark. (simplex)

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.

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.

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.

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]