FXSurf WaveTrend System The premise of this system is basically MTF WaveTrends converging/crossing over one another. I've used LMA's in the past for trend confirmation, but recently settled on three EMA values of: 25, 60 and 100. I primarily use the Daily, 1H and 15M candles for entries, 1H being ...

Some of the low hanging fruit in forex is what is called "Currency Correlation".

When one pair goes up another goes down. The 4 main pairs that I keep my eye on are

Gold VS UJ
  and 
USDCHF vs EU

Oh, i see. Thank you for details! :) If im on the 15m candle then i want to look for divergences occurring. If i short I want at least the 15m and 1HWT above 50% and the 15m WT diverging. If long just the opposite. The higher TF WT indicates the overall trend. In this case the 4H. So if its sloping ...

Krelian99 wrote:This is what I call a gem ?
I also like the APB a bit more.

I agree as well. APB print a better defined bar then your average HA candle.

My all time favorite for reversals?

The ultimate for me is a simple horizontal line.

Fresh_Prince, it's always good to ask the right questions. Standard volatility indicators lag heavily and when most of the rush already is over they show you that there was a possibility to enter. That's why many traders like momentum indicators as MACD and Stoch and their distributions. As you ...

Desatar wrote:Hey FxSurf,

would it be possible to explain how you use the 25 ema as confirmation and entry signal as your volatility indicator?

Thx.
D.

In the simplest explanation, i want to see price break above/below and maintain continuation.

greenway wrote: Sun May 14, 2017 12:46 am Im using some additional tools too, like ADR, S&R levels and adjustable grid in pips. But i was looking for something to filter false signals when market is ranging.

I find that when all three WT's are at the zero midline then there may be some ranging occuring.

I'm still struggling with precise reversal detection, so I want to ask about acting in regular situations. Can I sell when H1 WT is under the H4 WT (red vertical lines) or it's better to use only D1 trend direction and wait for H1 WT upcrossing H4 WT (green line)? I think you get the idea. I marked ...

greenway wrote: Sat Dec 23, 2017 12:54 am

Thank you, FXSurf! Your signals are very strong. But what about smaller signals? We can wait a whole week or even two for reversal to occur. What should we do, when there is no strong reversal signal?

You enter on the pull backs if you miss the bigger entry.