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- itsDavid replied Sep 25, 2019
Those are the two I took at the close of the candle as well
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- itsDavid replied Sep 22, 2019
Thank you for this and apologies for the slow reply. I have been away this weekend at a rather exhausting family event. I'll reply properly tomorrow when I've had a little sleep
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- itsDavid replied Sep 20, 2019
Thanks. I missed that RSI 14 part, very glad I asked now
Trading Made Simple(r)I prefer to keep the stochs and RSI separate as I find it all too visually overwhelming to my autistic brain if they are on the same panel.
- itsDavid replied Sep 20, 2019
Very interesting. I've set up a similar RSI indi field with your settings. If you have any more insight into using all three RSI timeframes together like this I would be very interested to hear them.
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- itsDavid replied Sep 18, 2019
Any news on programmers attempts to add the suggested elements to the EA? I hope so, this thing has real potential with a couple of tweaks here and there
Giving Back! My Best Expert Advisor EA Free for EveryoneDue to the recent downturn with AUDCAD (which could potentially have cleaned my account out ...
- itsDavid replied Sep 18, 2019
You can find his videos on Youtube: video
Giving Back! My Best Expert Advisor EA Free for Everyone
- itsDavid replied Sep 18, 2019
In the case of the chart I posted yesterday, it certainly turned out to be predictive, and doesn't appear to have repainted in any significant way.
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- itsDavid replied Sep 17, 2019
I'm not sure if those are your final planned take profit and stop loss points, but if so you want to look at having your take profit at at least 50% more than your stop loss, though preferably 2 or even 3 times your stop loss. You'll need to be ...
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- itsDavid replied Sep 17, 2019
100% agreed. Certainly in the case of that particular trade it is starting to look like the TMA warned of a reversal while all the 'normal' indicators were still suggesting a a good opportunity for a buy. The RSI has since started to dip over, ...
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- itsDavid replied Sep 17, 2019
Given that TMA indicators are known for repainting (sometimes significantly), I wonder if we are able to use the SMLazybands indi in order to confirm exits and to help avoid entries which are likely to quickly turn in the other direction? For ...
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- itsDavid replied Sep 13, 2019
Without trying to look for special examples, this is the first chart I happened to have open. And I think it shows three good examples of the RMI telling us that the current trend is over and we are going to see a reversal (by flattening out low or ...
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- itsDavid replied Sep 13, 2019
I'll see if I can do that next week. I am also open to the possibility that it's no use with this strategy, but no harm in finding out
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- itsDavid replied Sep 13, 2019
For entries you would look for it crossing the 70 or the 30, rather than the 50. However I feel it has more value as an exit indicator as it is helpful in spotting when the market is overbought or oversold.
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- itsDavid replied Sep 13, 2019
Mathematically it very similar to RSI, but it tends to show whether the market considers an asset as overbought/oversold more clearly. As well as indicating reversals. You can use it as a direction indicator by watching to see if it crosses the 70 ...
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- itsDavid replied Sep 13, 2019
I think the emotion side should be fine for me. I was a pro-poker player for 5 years, as well as making a full time living staking other players. That's something I should have in my favour if nothing else!
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- itsDavid replied Sep 13, 2019
5% loss so far today on GBPCAD, this thing REALLY needs a trend filter in my opinion.
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- itsDavid replied Sep 13, 2019
I am currently making a consistent 1% account profit per day in demo with this system. Trading only very part time as work commitments mean I cannot put more time in currently. If I am able to continue along the same lines for 3 - 6 months, is it ...
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