There are plenty of free ones offering much the same - as to how good they are is another matter. And like a lot of things in trading there is a lot of subjectivity about how stuff should be drawn, order blocs specially.

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Divergence can also play an interesting part in trading. image

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Hi - I've used Smart Money Concepts (of which FVG's are a part) for some time now. I tend to use them more as targets because although it is market inefficiency (sometimes deliberately created), in essence they are also areas of liquidity. Your take ...

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You've been an integral part of the development of this thread.

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@cpfl - yes there's Clouds, Ribbons, Guppy and a multitude of other similar stuff.

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Here's a little Friday tease. Specially good when there is a clear trend. Only take longs in the blue above the MA and only take shorts in the pink below the MA. image

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Quite surprised the older versions are still working.

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@cpfl - The Binary Destroyer is on version 8.0 now.

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If you're using Renko then forget time completely unless you're using shitty broker derived "time based renko" on which I only have one comment which is they should be prosecuted under the Trade Descriptions Act for even calling it Renko.

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I don't use it personally but I know it looks better in history than it does in real time, but then same can be said for a lot of indicators. But at the end of the day if it works for you then ...........

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John you haven't seen the half of it. They don't call him Ronnie Van Gogh for nothing lol

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Problem with that is you end up doing what's known as curve fitting.

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Combo tease image

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DAX is is the only instrument I trade cos you get so much bang for your buck every day. But it's not for newbies or the faint hearted cos it takes no prisoners.

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image

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Yes full time job and intra-day trading is difficult. In that environment sometimes better to trade off H4.

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At 76 years old I'm not sure that the term "young man" really fits the bill lol

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Sounds similar to Raghee Horners River System

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I don't use the indicator but it shows up perfectly for me. image

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The tails you see to DS2 PP were just SL hunts. Or to use another old well coined phrase - "wicks don't lie"

DAX Futures March 2024