Re: Honje's collection of indicators, strategies and trading journals

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NoGAMBLE wrote: Wed Feb 24, 2021 7:25 pm ATR and Bollinger bands are the most popular indicators among traders. I would say if you want to know how big the rate changes were during the last 'N' periods, ATR and Bollinger bands are the best indicators, you must try these.
ATR indicator. I don't know much about it yet
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21


Re: Honje's collection of indicators, strategies and trading journals

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Jimmy wrote: Thu Mar 04, 2021 3:52 pm In short, GBPNZD is highly volatile due to low liquidity.

These highly volatile "cross" pairs should never be traded by inexperienced traders. At times you will see 300-500 pip moves in a day with GBPNZD with sudden bursts of 50 to 100pip moves that almost appear out of nowhere so it's safe to say, you can't trade these pairs on the lower timeframes with simple technical analysis.

If you want to trade volatile cross pairs, the Daily chart and smaller position sizes is where you will win and preserve your capital.

Remember:

  • Low liquidity = More Volatility
  • High liquidity = Less Volatility

Hope this helps!
:think:
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Honje's collection of indicators, strategies and trading journals

67
Jimmy wrote: Sat Apr 25, 2020 12:53 am How To Use Haos Visual Averages indicator

Fast WPR moves first, followed by slow WPR.

When the single, fast WPR is Oversold or Overbought, you can scalp these reversals.
When both fast and slow WPR are Oversold or Overbought, these show that the market is going to reverse for a significant amount.

Here's a quick guide with some examples pointed out :)
Image

I like
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Honje's collection of indicators, strategies and trading journals

68
honje19960321 wrote: Sun May 08, 2022 3:46 pm I like
Thanks bro. Good to see you found it informative.

Do you like Chaos/Haos? Have you tried it yet?
These users thanked the author Jimmy for the post:
Chickenspicy
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance

Re: Honje's collection of indicators, strategies and trading journals

69
Jimmy wrote: Tue Jun 29, 2021 7:44 pm Not a bad indicator. Even though it's essentially just the Bollinger Bands with Standard Deviation of 1 and using a 14 period, the bars are visually appealing and give it more of a Waddah Attar Explosion feel to it, especially when the bars "break" the bands.

The Val-Bands

The Val Bands are a candlestick length Volatility indicator.

What do the bars mean?

  • Yellow histogram bars: Candlestick length in pips
  • Three MA Lines: Moving Averages (Bollinger Bands) and signal from the length of the candles using Standard Deviation.

How to use the Val-Bands

If the Val-Bands histogram shows a yellow bar and is below the lowest line, it shows that market is flat (ranging).
When the histogram is moving up from under the lower line above it, this shows the start of a trend.

  • Red histogram is a SELL signal.
  • Blue bar is a BUY signal.

Huge thanks to Mrtools for adding the Average Filters.

PS: I've set up my template and changed the colors of the Yellow bars to Grey to give those bars a "Neutral" look as the focus should be more on the Red and Blue bars.
Image
I am also interested in the Val-Bands indicator

Will test next, learn to use them
:)
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Honje's collection of indicators, strategies and trading journals

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Jimmy wrote: Sun May 08, 2022 4:33 pm Thanks bro. Good to see you found it informative.

Do you like Chaos/Haos? Have you tried it yet?
Haha, there's more that I haven't read yet.

Indeed, compared to other forums and portals,
forex-station I feel can be ranked first.

Thank you for creating such a great communication platform for traders

;) ;) ;) ;) ;) ;) ;)

I'm not a big fan of visiting forex exchange forums in China. It feels really bad over there. to be frank.
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21