Here is XU v015-Setup for everyone's perusal.

While you download this version please take the time to consider this...

I've repeatedly emphasized this throughout this thread: don't be too greedy, have a plan, and stick to it. Reverse engineer everything and break it down into manageable, bite-sized steps.

Start with a five-year plan of day trading without risking too much initially. Whether your initial capital is $1,000, $10,000, or even $100,000, I recommend using only 10% of it as your starting fund. The money will start to flow once you've achieved sustainability; until then, only risk 10% of your capital.

Now that you have your starting fund, let's move on to reverse engineering. What can you comfortably achieve in a day/week, trading every day? Consider realistic targets like 3%, 5%, or 7%. Avoid over-trading and giving back your hard-earned profits.

Remember, your growth is calculated by starting fund times (1 + daily/weekly percentage growth) raised to the power of the number of trading days/weeks that you put in.

For example:
- **Starting Fund**: $100
- **Daily Percentage Growth**: 3% (or 0.03)
- **Number of Trading Days**: 220

Using the formula:
`Starting Fund x (1 + Daily Percentage Growth) ^ Number of Trading Days`
It becomes:
`100 x 1.03 ^ 220 = $66,709.76`

Starting with one hundred dollars, growing it at three percent daily for two hundred and twenty trading days results in sixty-six thousand, seven hundred and nine dollars and seventy-six cents. That folks is one year of your five year trading plan. Go figure.

Keep the bigger picture in mind: your five-year growth potential towards true wealth. Always remember this goal when trading. Stick to trades and markets you are comfortable with, whether it's GBP/JPY, GBP/AUD, Gold, Oil, the Dow, or the Nikkei indices.

Finally, establish a daily routine and adhere to it diligently. Consistency is essential for success in trading. Whatever your trading target is... Daily or weekly percent. Once you hit your target, it's crucial to tell yourself to shut everything down and engage in other activities. This practice is vital as it helps maintain checks and balances in your trading approach and overall mindset.

One last thing, being out of the market is just as important as being in the market. WAITING for that perfect setup, that center mass kill shot, is just as critical. Patience is a virtue in trading, and exercising it can often make the difference between success and failure. Remember, not every moment is an opportunity to trade. Sometimes, the best action is to wait and preserve your capital for the right moment. Stay disciplined, stick to your plan, and always keep the bigger picture in mind.

Enjoy the setup and may you make a boatload of PIp$.
Xard777

Good day Mr. Tools, could you please convert this indicator to MQ5, and if possible could you please add MAs in it too?

Thanks in advance.
Wish you the best

hello all,
i had this indicator made its not really a trailing stop but it closes percents at set pips, the problem is if i have it set on 20 pips it works on "currencys" but if you put a trade on "gold/xau or indicies" it dont calculate the 20 pips correctly , if someone could/knows how to fix it if possible it can be useful for others hopefully thanks.

Yeah I know that but I was asking what your thoughts are on using the auto higher timeframe in reverse, the other way around like the image above. For example:

• 1 hour chart
• Have a 1 hour Kumo cloud (current timeframe)
• Also have a another Kumo Cloud stacked but use AHTF MTF in reverse and set it's display to 15 min (on the 1 hour chart)
• Use it for crosses etc.

Everything is in realtime. No delay or recalculating due to MTF you're seeing the hourly chart with the lower 15 min Kumo as well.

Please check out the above image for example. Would you use this? I think you would agree it's worthy due to it being in realtime right?

Edit: All AHTF MTF indicators can use lower timeframes too

I don't know if you're serious or not. But... Amanita opens closed doors... I recommend consuming it to anyone who wants to see more and feel more... When you do it right... at the right time... You will see I RECOMMEND AMANITA MUSCARIA

try post1295542640.html#p1295542640

What does the RSX's Depth & Speed adjustment do?

Initially an experimental option that was added to the RSX by Mladen (called the RSX 2), the RSX 2 has an adjustable Depth of calculation (Maximum 10 - Default RSX has "depth" 3) as well as Speed calculation.

• In RSX 2, a higher setting of Depth such as 9 will result in smoother signals. A lower setting such as 1 results in no smoothing at all.

The Speed calculation is a parameter that causes the RSX to "overreact" in a positive sense, to overcome the indicator's flattening problem and detect signals earlier.

• The Speed setting can be used to adjust when the indicator senses crosses.
  A lower setting such as 0.2 will cause the indicator to lag. A higher setting such as 0.8 will attempt to give more earlier signals.

Screenshot 2024-05-30 065845.png

Hi,

Mtf added.

WPR smoothed dots with mtf, alerts, arrows and button.