I think if you have 3 points, it is a strong signal. A very strong trend has been broken so imagine a dam breaking. This is just my take and I have not verified that this is indeed the case via backtesting, whether manual or mechanical.

Manual Backtesting Charts

The stop-and-reverse I mentioned is not really a "mode". Please do not confuse this with the parabolic SAR either. By SAR, I just mean... alright, take this example. You were in a long cable trade. You see GBP/USD bounce from a support of 1.8500 ...

Mouteki Trading

Me?!! I have always been the victim!!! *SOB!!!*

Manual Backtesting Charts

Now who were those loudspeakers who were wrestling people down when they said this wasn't the holy grail? And that one wasn't right to tamper with this divine artefact? *Jumper muses...*

Manual Backtesting Charts

Hi tnh_z, to look for the highest high or lowest low, you search from all the candles to the right of point 2 (the right one) of the demand/supply line. However, you do not take qualified candles that are too near the recent bars because it is ...

Mouteki Trading

You were right not to go short because the demand line was too steep. The further from the optimal 45 degrees, the more careful you should hoard your cash.

Mouteki Trading

I'm afraid you have to check with mono directly since he coded it. You might want to ask him for the latest indicator too. I just use it for the drawing of demand/supply lines and the calculated projected profit that is correct in most cases. I ...

Mouteki Trading

Hello Ricx, I am assuming you have ignored the most recent bars on the right (I have put a cross below) and that your first point connecting is the third most recent bar -- otherwise you have drawn your line wrongly since your first point should ...

Mouteki Trading

Sure... see attached.

Mouteki Trading

In such a situation where a trade would run to its projected profit target if its SL has not been modified to +10, I would say it is really a case of the devil or the deep blue sea. If the trade can hit target, it can also turn tail and wipe itself ...

Mouteki Trading

Are we talking about forex or... hang on a sec, did someone get a short circuit?

Mouteki Trading

;-)

GBP/CHF

If you are playing on 4h timeframe (and Mouteki method is for 4h TF), then I would think any time is a good time. However, I would go hands-off on Friday after 12pm EST, and weekends are out too unless there is news -- and you intend to play news. ...

Mouteki Trading

If you go strictly by Mouteki method, then the short signal you had from the second most recent bar would be superseded by the new long signal from the most recent bar. So technically speaking, you should go long now. However, the supply line is ...

Mouteki Trading

Tar hit it right. Mouteki did mention that he feels 4h is the most ideal by far.

Mouteki Trading

If you are trading to get the confidence in this system, maybe you want to steer clear of GBP/JPY for now...

Mouteki Trading

The documentation and examples provided are pretty clear... if you would follow the explanations step by step while referring to the relevant charts, let us know again if there's something you don't understand. If you have the patience to sieve ...

Mouteki Trading

Wow, very "good" punishment. Endeavor to remember it now... *gulp*

Mouteki Trading

God save us all from this monstrous pair.

Mouteki Trading

Punish yourself by closing out the position, whether it is a loss or just the spread cost. If you don't feel the pinch, you won't remember your mistake - you should have double checked before entry. But of course, if this is a once in a maroon moon ...

Mouteki Trading