I have been trading Forex for 11 years now and have evaluated hundreds of methods, indicators, and signals. Based purely on over 40,000 hours of experience, I would advise you to trade when one or both currencies of your pair have open banks and ...

Best times to trade pairs

Have been working on a conversion signal from my MQ4 template that "might" be available on MQ5. Hopefully I never have to use MQ5, but better to prepare than not. image

Personal Trading Discussions

Perhaps the simplest way to explain it is to target the entry of the higher time frame and then convert that signal to a lower time frame. Effectively you are adding candles to the higher time frame trade, which is translated as increasing your ...

LFX Trading Proverbs

Price Action

Forex terms that should no longer be used - Add yours here!

If you know your target moving average, then use that value for the period setting of your indicator. Then experiment with the same value, half the value, and twice the value as your trend line on the indicator. You might even use more than one to ...

LFX Trading Proverbs

The market is just a game of buyers vs sellers. When he says highs/lows, that only means the score between them. It has nothing to do with odds. There are moments when a tug of war exists, but then one side or the other takes over. While trading ...

10,000 hours to greatness and the Mastery Asymptote

I like USDDKK because it mirrors EURUSD as inversely proportional a lot. The spread looks high, but it is not 1:1, so it is not really as high as you think. It is about 5 pips of USDDKK for every 1 pip of EURUSD. So it is like magnifying a EURUSD ...

Is there anyone out there actually trading NOK, SEK, DKK?

I hope you figure it out soon. There are quite a few patterns in the market. Find the one you want to trade, develop a method of signaling it, and have fun. Good Luck.

LFX Trading Proverbs

You are welcome. Thanks for viewing. I use general business analytics to find trades. Basic supply/demand measurements. I look for the equilibrium between them and then use that to project apexes. Good Luck.

LFX Trading Proverbs

Hire a data analyst. Teach them to do what you do. Pay them a salary. Quit personally trading. Go do whatever you want. Delegate and manage, near or far, far away. It's all on the Internet. Keep your signal and make the world a playground.

The realm of indefinite answers

Okay, glad you figured it out. Good Luck.

Indicator Bank

I am pretty confused because if you added the high ma and low ma, like bob44 said, you should have the exact drawing you want, so not sure how that is not what you asked?? 1. MA 30 smoothed typical 2. MA 30 smoothed high 3. MA 30 smoothed low Isn't ...

Indicator Bank

I agree that a false break out is really only false according to the time frame you are trading, which is why I suggest using more than one time frame. If you lowered the time frame to view the break out, it would likely not be false. By calling it ...

False breakouts

If you overlay your template with signals from multiple time frames you will normally see false breakouts and can make decisions how to respond; whether to take profit and reenter when the false breakout is finished, or ride it out. It is an ...

False breakouts

It is hard to design a trading system against this indicator because it head fakes you. However, I have my own version on my charts, maybe out of habit? My charts look naked without it, lol. I find it very handy for historical analysis. I can find ...

formula for profit

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What kind of music you hear while you trade?

This one is a bit long, but gives you plenty to consider. video

A Little Something To Motivate You

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Personal Trading Discussions

If you have one that alerts at 20 or 80, and you have the mq4 file, then open it and change it to 50.

MA RSI with alert

If you are using another indicator, put it in the same window (together). If you are not, then change the first color from NONE to whatever color you want to make the line appear. It drew the same line as the TDI, so I have the color at NONE. You ...

MA RSI with alert