I like your chart theme, very nice and easy to spot things.
Re: Banzai's Trading System
42MT5 INDICATORSforexjoe85 wrote: Sun Oct 12, 2025 9:05 pm Great and simple system Mr. Banzai, thank you for thisAny chance we can get the same indicators for MT5?
Thank u once again
I found some good indicators for MT5.
I will try to convert other MT4 indicators to MT5.
It's almost as good as RSI(3).
- These users thanked the author Banzai for the post (total 4):
- Cagliostro, piyushtale, Abdi, Jimmy
Re: Banzai's Trading System
43MT5 INDICATORSforexjoe85 wrote: Sun Oct 12, 2025 9:05 pm Great and simple system Mr. Banzai, thank you for this
Thank u once again
When you see a bunch of green lines, that's a good indication of a short-term uptrend.
When RSI(3) crosses up 70, get ready. When RSI(3) crosses down 70, go SHORT/SELL.
When you see a bunch of red lines, that's a good indication of a short-term downtrend.
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Re: Banzai's Trading System
44Volume Profile
The next step is to learn Volume Profile or Market Profile.
These lines are supports and resistances.
On Friday, October 17, 2025, Gold was in a downtrend.
TP = Take Profit level
We had 6 chances to take profits. All the way down to Thursday low daily prices.
For more cool volume profile indicators, go to this MT4 thread:
market-and-volume-profile-indicators-fo ... 15-80.html
The next step is to learn Volume Profile or Market Profile.
These lines are supports and resistances.
On Friday, October 17, 2025, Gold was in a downtrend.
TP = Take Profit level
We had 6 chances to take profits. All the way down to Thursday low daily prices.
market-and-volume-profile-indicators-fo ... 15-80.html
- These users thanked the author Banzai for the post (total 4):
- Jimmy, Cagliostro, mazibee, forexjoe85
Re: Banzai's Trading System
45Ultimate RSI
These indicators have beautiful pastel palettes and easy on the eye to trade.
Use RSI(3) for fast RSI.
And RSI(14) for slow RSI.
When RSI crosses up 30, go LONG/BUY.
When RSI crosses down 70, go SHORT/SELL.
Use RSI(3) to enter a trade. So the fast RSI is acting as a signal to enter a trade.
And RSI(14) for the trend. So the slow RSI is acting as a short-term trend.
These indicators have beautiful pastel palettes and easy on the eye to trade.
Use RSI(3) for fast RSI.
And RSI(14) for slow RSI.
When RSI crosses up 30, go LONG/BUY.
When RSI crosses down 70, go SHORT/SELL.
Use RSI(3) to enter a trade. So the fast RSI is acting as a signal to enter a trade.
And RSI(14) for the trend. So the slow RSI is acting as a short-term trend.
- These users thanked the author Banzai for the post (total 4):
- Abdi, ricosuaveiii, forexjoe85, Krunal Gajjar
Re: Banzai's Trading System
46ALTERNATIVE to RSI
How the indicator works
2nd Order Gaussian Filter: The Gaussian filter uses a bell-shaped curve to weigh the most recent price data more heavily than older data. A "second-order" filter applies this calculation twice to produce a smoother signal. As a high pass filter, it removes the lower-frequency price movements (the overall trend) to emphasize the higher-frequency, short-term movements. The result is an oscillator-like line that oscillates around a zero line.
If you're not used to RSI, you can use "2nd Order Gaussian High Pass Filter (mtf + zones).mq4" indicator.
It's as good as RSI(3).
This indicator has green bars for short-term uptrend.
And red bars for short-term downtrend.
It's also means that both indicators are the correct choice. Just the math equations are different.
Also watch the divergences.
In summary, we use RSI(3) or the equivalent to enter a trade.
- These users thanked the author Banzai for the post:
- forexjoe85
Re: Banzai's Trading System
47This English-speaking trader has subscription access to Trader-Nick tools and FXSSI tools.
You can also ask him for any Forex pair analysis.
Code: Select all
https://fxssi.com/fxssi-order-book-mt4Code: Select all
https://www.a1trading.com/edgefinder/Re: Banzai's Trading System
49Gold is in an uptrend.
So the Market Profile will look like that.
Re: Banzai's Trading System
50Advance Level
Since Monday, October 20, 2025, gold is in an uptrend.
You can see the prices went from Fibo 23.6% to Fibo 38.2%.
From Fibo 38.2% to Fibo 50%.
From Fibo 50% to Fibo 61.8%.
From Fibo 61.8% to Fibo 76.4%.
From Fibo 76.4% to last Friday's high.
Since Monday, October 20, 2025, gold is in an uptrend.
You can see the prices went from Fibo 23.6% to Fibo 38.2%.
From Fibo 38.2% to Fibo 50%.
From Fibo 50% to Fibo 61.8%.
From Fibo 61.8% to Fibo 76.4%.
From Fibo 76.4% to last Friday's high.
