What blue dot? — What indicator makes the blue dot, Aus? Is that the QQE alert? If we don't have the blue dot, what should the QQE look like at that time?

Auslanco 15min GBP/JPY startegy

Yes, if you don't have any problems with that automatic update process, then you should be running the latest version. Sometimes if you are behind a firewall or something, the LiveUpdate cannot complete.

Auslanco-GBP/JPY Strength Indicator strategy

Hi Merc, I see you are using FXSniper's Ergodic CCI & Trigger. You might be interested in the attached indicator instead. I rewrote FXSniper's indicator a few months back due to a couple things. For one, I don't know why he involved CCI in the name ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Are you running the latest update of MT4? Sometimes if your version is a couple updates older, you might have trouble running the pre-compiled ex4 files.

Auslanco-GBP/JPY Strength Indicator strategy

Well, we got a 30 min bar to close past the resistance. Let's see if the hourly can do it as well.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Did you put 2 copies of the indicator on your chart? You need one to be the VT Default and the other to use an ATR of 21 with a multiplier of 4.

Auslanco - GBP/JPY and GBP/USD (newstrade)

First pass at LevelStop Reverse indicator — I've taken my first crack at converting the VT-LevelStop-Reverse trading system to MT4. I've tried to incorporate both the default and the modified version that Auslanco supplied to us. I posted it ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

MT4 LevelStop-Reverse Indicator — I've done a fist pass at converting the VT-LevelStop-Reverse trading system to MT4. Auslanco uses this in his soon to be published scalping method. My version is just an indicator, not an EA. This is the first ...

Auslanco-GBP/JPY Strength Indicator strategy

Yes, that's fine. I can convert it.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I can create one also if someone has the formula.

Auslanco - GBP/JPY and GBP/USD (newstrade)

On different timeframes, your swing high and swing low that you use to draw the fib lines are usually somewhat different. Karmo might start with the weekly chart and he draws fibs from a swing high and swing low there which might correspond to ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well fib lines are just mathematical calculations based on the high and low number you input. You could setup a spreadsheet to do the same thing. Whatever numbers you input for the high/low, the calculations are the same regardless of time frame. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

But Richard, if you draw the fibs from the same hi/lo prices on all three timeframes, then the fib lines will be at the same level on all three. All it really means is that the swing high and swing low you are using to draw the fibs happened in the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Aus, I saw your screenshot of the scalp trade. What is your signal? Is it both QQE indicators crossing up or down? Then once a 5SMA retrace happens you make sure they still confirm the action before you get in?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Look at his signature please. He has links to everything you need.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Geez Aus. You call that sleep? I call that a coffee break :surprised

Auslanco - GBP/JPY and GBP/USD (newstrade)

I absolutely agree. I would not take any position right now based on Aus's strategy as we don't have a clear signal. I've found that almost doesn't count here. If the indicators don't line up and are in agreement, even if it's just one TF, don't ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Ok, my 4 HR candle just closed forming a double high. The 5SMA moved up to be right at the level of my new candle so the 4H retrace is complete. 4HR QQE is bullish with momentum flat. 1H QQE is bearish but above 50 level and the new 1H candle is ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Doesn't that just mean that the swing high and swing low you are using the draw the fibs happens to be at the same place on the different time frames?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Richard, that's called "fib confluence" and it creates a stronger resistance or support point than a single fib by itself in theory.

Auslanco - GBP/JPY and GBP/USD (newstrade)