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Here is the same chart with the RSI (2) added, quite an analysis method! Really great confirmation for the pullback entries that I am testing.

These are some typical trades, 1st was taken from the Friday signal as shown by the down arrows. The " X " was a missed signal. Obviously, with the record volatility in the FX market this week, larger take profits or hold longer would increase the gains. You can see that the ADR has...

An update for my trend table; most notable changes: All JPY pair have moved to a neutral stance due to BoJ invention to strengthen the YEN GBP pairs moved to bearish trend due to various fundamentals, e.g. interest rates and inflation

This week's results, I thought there would be more signals, I certainly didn't catch them all. Total of 29 entries made, 3 stopped out, 1 closed out late Friday for small loss to be flat, 28 winners So, using 25 winners from 28 = 89% strike rate No risk management used for position sizing...

RULE 1 - BUY PULLBACKS, NOT BREAKOUTS! or SELL RALLYS, NOT BREAKOUTS Rule 2 - Buy the Market After It's Dropped; Not After It's Risen or Sell the Market After It's Risen; Not After It's Dropped Rule 3 - Buy Above The 200-Day Moving Average, Not Below or Sell Below The 200-Day Moving Average...

Here is the first winner to report, the signal was from Last Friday and the entry way too late, but I had the need to trade something

I made this table to track the main 28 pairs as a quick reference, track changes, and also to have an overall view For instance, all the JPY pairs are in agreement at present, they are all in Buy mode, confirming that the YEN is weak. And the CHF pairs also, being in Sell mode confirming a...

To illustrate the last point of last post, most of the JPY pairs are retracing the long uptrend they have enjoyed but not quite reversed direction according to the FX Trend indicator at least. Here is how I see the recent price action of the AUDJPY; previous weeks have a total of 11 signals...

Moving on to the 4-Hour chart to the point of interest of August 12, 2022. 1. Again, the reference to the green highlight at the break of the price level noted on the Daily chart, see the FX Trend line has been held to that level. Also, the vertical line for the date. 2. The first (obscured)...

Here is an obvious example on the daily chart; note the following points: 1. The price on Daily breaks the FX Trend level on 12 August 2022, see the green highlight "1". As it does so often, price retreats immediately. 2. Point "2" showing the date, compare this with the 4-Hour chart to...

A week has passed, and I didn't place any positions on the demo account for testing. On reflection, I have made two changes: 1. I will use the indicator FX Trend to determine the trade direction. When the Weekly and Daily are in alignment, take the 4-Hour signals. 2. Rather than place and...

A couple of winners as examples of what I'm looking for One sell and one buy, doesn't get any easier than that

So, on to my revolutionary idea to take the opposite signals and still be with the main trend. My plan is to show only the Buy signals on the 4-Hour chart but in RED not the usual blue color. Here is the same chart as above, with that setting. Not the best example, but you should be able to...

Here is an example of how you would use those signals to trend trade, well, it's how I have been using it anyway. First, find the trend on a higher timeframe; here the Daily trend is visually down, and below the 20 EMA. Then move to the 4-Hour where the trade(s) can be entered on each signal...

BUY the DIP & SELL the RIP Have you heard that before? How about? Trade against the crowd, do the opposite of what everyone else is doing. As a diehard trend follower and trend trader, I have always had trouble understanding the contrarian concept, let alone being able to sell tops and buy...

I have a problem with Phase Candles, on the 4 Hour chart only, the candles do NOT show :mad: Also, the back & forward chart buttons do NOT work Every pair is the same, all other time frames are okay, only the 4 Hour Any ideas? Can post pictures if required.

This is the one I am using, for MT4. To get updates or other versions, you will have to find Steve Hopwood Forum and join to download. Good Luck

If and when you manage that, switch to the Default Profile, have only 1 chart open And have the pairs you want the data for listed in the Market Watch Apply the EA to the single chart, be on the Experts Tab You should see something like this picture

No HOME key? I need to see a picture of that keyboard; is it Russian or something? Anyway, the Page Up key will do the same thing Or if you know Metatrader 4, see the picture to get this EA which will do it automatically for you.

Needs more data, scroll the chart left, or untick AutoScroll and ChartShift, scrunch the candles together and press the Home key repeatedly, or change the setting for Max bars in chart