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RobinHood replied Jun 6, 2022It doesn't look correct to me. Here's what mine looks like: image
Trading Made Simple(r)
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RobinHood replied Jun 5, 20221. Open a chart. 2. Place all of the indicators you want on the chart. 3. Right-click anywhere on the chart. 4. Go down to: Save > Chart As. 5. Name the Template. When you want to add that template to a chart, click the folder icon (in the red box). ...
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RobinHood replied Jun 5, 2022That's excellent! I do something similar with the scanner, but I combined all my requirements into 2 indicators. I have one that only shows me Long trades and one that only shows me Short trades. image
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RobinHood replied Jun 4, 2022For the stock traders here... I am very worried about inflation (at least in the U.S. where I live) (and it's most likely happening where you live too) and the economies of the U.S. and other countries around the world. For example, back in May I ...
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RobinHood replied Jun 4, 2022Thanks for posting the template. I think it makes it easier for everyone to learn if the colors stay consistent. At least, I know that it does for me. 1. You have the yellow and the magenta colors reversed. 2. The RoadMap should have the outer lines ...
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RobinHood replied Jun 4, 2022There is no accurate way of answering that question because there are too many variables to consider such as: Which pair/stock, which time frame, which times of the day (if day trading), which day of the week, which month of the year, etc.? All of ...
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RobinHood replied Jun 3, 2022I jump between 1, 2, 3, and 5 min charts. The reason why is because different Forex pairs/stocks look better on some time frames than they do on others. I just quickly glance at each time frame, and then decide which one to trade from. Many times on ...
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RobinHood replied Jun 3, 2022Yes, read post #7993 and #7994. If you have any other questions, just ask.
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RobinHood replied Jun 2, 2022For me, there is no "one size fits all" answer. It's like asking an NBA player how hard he throws the ball to make a basket. But this is most often what I do... The low of the previous bar if the bar is somewhat long, otherwise, the 2nd previous ...
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RobinHood replied May 31, 2022I do not have a template of this for MT4. I only use it on a trading platform called TC2000.
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RobinHood replied May 31, 2022You're welcome! Just because the HMA changes colors (and stays above the yellow 5 ema), that does not mean that you MUST exit the trade. You SHOULD get confirmation from at least 1 or more of the other indicators before you exit. If anything, that ...
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RobinHood replied May 29, 2022I should explain that there are several methods that I currently use to enter Long trades using the template above to trade. Here's a chart for reference: image The Most Conservative Way: When the price closes above the RoadMap (the 3 grey lines) ...
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RobinHood replied May 29, 2022For those of you who may be interested in mimicking my most current trading template on TC2000 to view Forex pairs (and stocks) you can do so for as low as $9.99/mo. USD. They had 42 Forex pairs available to view/trade the last time I counted. ...
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RobinHood replied May 29, 2022You're welcome. Thank you for the nice compliment! If you are referring to MT4, I don't know how to code that. In TC2000 and TradingView, it can also be done, but I have not code it in either one. Possibly someone else here can help. Please specify ...
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RobinHood replied May 25, 2022Actually, the risk does not have to increase, just trade smaller so the risk remains about the same. If you trade 10 units at $1/unit or you trade 1 unit at $10/unit it's just the same thing. So you CAN increase the time frame without increasing ...
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RobinHood replied May 25, 2022Since you cannot monitor markets 24/7 and what you are doing is working really well, the easiest thing to do is to start trading a higher time frame which will make the SL and the TP higher. Making 3, 4, and 5% profit is nothing to be ashamed of. ...
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