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Re: MA Crosses

by: mikryx
Rumpus, added candles and now has 7 different display type options. https://forex-station.com/download/file.php?id=3320491 [/url] Hi everybody, I just want to say thank you to people who have contributed to this indicator. Indeed, when used the right way, it is definitely a holy grail. It made me e...

Re: MA Crosses

by: mikryx
First of all, I'm a pure beginner in trading, but I've got a big background in playing with algorithms and probabilities. By far, when looking at a chart, I focus on the mountains and the V shapes between EMA 21 and EMA 55. Indeed, that's why I'm in love with this indicator. It enables me at a glanc...

Re: MA Crosses

by: mikryx
https://forex-station.com/download/file.php?id=3455042 [/url] Hi my friend, First, you need to proceed step by step, signal after signal. The first event occures in the morning, as I refer to your picture. ---------------------------------------------------------------------------------------------...

Re: MA Crosses

by: mikryx
chickensword wrote: Sun Mar 05, 2023 7:08 am Double top double bottom
Head n shoulders?

Mountain tops is the same thing
Of course bro 😂
I'm really not familiar with the chart patterns. As a fact, I really never try to identify them when working.
I rely on where the price is going.

Re: MA Crosses

by: mikryx
Well maybe im wrong about it being exactly the same thing Theres a subscription for a software that finds peak highs and lows maybe youll find it useful https://youtu.be/KzHhnj-WLmM This tool is awesome ! thanks for sharing it one of the easier way to find the peaks it to use EMA 200 (the black one...

Re: MA Crosses

by: mikryx
Hello my friend, Thanks and well explained. See how other expert traders share their thought once a clear picture made by you... i suggest , when you open a trade on Monday, please share snap shows the price position mark, time and currency .. this will helps to follow tips more easily. keep post y...

Re: MA Crosses

by: mikryx
Hello brother, thank you thank you for the detailed breakdown of the entries. I have read it through, will read it 2-3 more times again in a while Would like to ask you, have you tried this indi with your strategy on indexes such as s&p500? Hi my friend, It's a very good question, I've looked a...

Re: MA Crosses

by: mikryx
so where you fix stop loss position.. !! The best way is immediatly at the pink horizontal line. If the market really wants to enter a new big trend, it will go away from the pink horizontal line. If you prefer give the market a chance to start a big trend, you can set a 10 pips stop loss close to ...

Re: MA Crosses

by: mikryx
Thanks for the detailed explanation Milkryx appreciate it. Very curious on your exit strategy. Do you set same TP for every "mountain" you enter the trade? Or is it based on ATR? I love this question ! Maybe i'll surprise both of you, but, for me, when the market price is inside the jackp...

Re: MA Crosses

by: mikryx
Oh yeah. I think I understand now the question. Clearly, you wonder how I manage to find when the trend ends, or where is the optimal exit point ? The answer is very simple 🤣 I don't know exactly when to exit, BUT I follow one rule : #1 : ALWAYS close inside the jackpot area (my blue zones in my cha...