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

161
mrtools wrote: Mon Nov 11, 2019 2:22 am Added the alerts.
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


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

162
Jimmy wrote: Mon Jan 01, 2018 7:21 pm Happy New Year to our dearest Forex Station members!
Here is one of my favourite indicators made by Mladen, the Bollinger Band Sqeeze which was posted earlier in the thread but this version has been fixed to work with MT4 1090 display issue. Also reposted on our social media pages as the old social media link does not work anymore after the forum was migrated to PhpBB earlier last year.


Image

bbsqueeze alerts (mtf & multi symbol) 1090 fix.mq4
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

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

163
Banzai wrote: Mon Jan 06, 2020 4:49 am MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s.
It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.


Attached is a template to trade the Zerolag MACD.

There are 3 bbsqueeze indicators. One for EMA12. One for EMA26. And one for EMA9.
rex X means that the Bollinger band is squeezed inside the Keltner channel. Do not trade.
green dots means it's OK to trade.

As you can see in the following example, EURUSD is consolidating in the Asian session.
The Bollinger bands of EMA12, EMA26, EMA9 are squeezed.
Image
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

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

165
PumbaPLS wrote: Mon Jun 06, 2022 6:02 pm Maybe something for you? :D
Image
Hi PumbaPLS

Hahaha thanks for sharing this gem.
I am very desperate to find an accurate way to avoid the range market and follow the trend accurately

Regards,
Honje19960321
These users thanked the author Jedidiah for the post (total 2):
PumbaPLS, Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


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

166
mrtools wrote: Mon Jul 01, 2019 1:27 am Added alerts and made it more userfriendly.
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

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

167
I am a 30-Second Man
Attachments
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

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

169
The 3 Step Breakout Strategy (adapted from dailyfx article)

Volatility breeds breakout trading opportunities.
24-period Donchian Channel on an Hourly chart can give us medium term trade entries.
Stops can be set opposite of the channel break using 1:2 risk and reward ratio.
Step 1: Look for Volatility

Not all market conditions are ripe for breakout trading. We need to first find the pairs that have shown the most volatility.

Step 2: Find Trade Entries Using Donchian (Price) Channels

Support and resistance levels are subjective and can vary from trader to trader. So to more clearly define our entry levels, we use Donchian Channels or Price Channels.

Step 3: Easy Exits Using Stops and Limits

No strategy is complete without an exit strategy. Fortunately, the Donchian Channel can assist in setting one up. We first want to focus on our stop. I recommend setting our stop loss beyond the other side of the channel. So if the price broke below the bottom line and created a sell trade, we would set our stop a few pips above the top line. If price broke above the top line and created a buy trade, we would set our stop a few pips below the bottom line.
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

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

170
Banzai wrote: Sat Feb 08, 2020 5:31 am I tried thousands of indicators and the only one I'm comfortable with are
Moving Average Ribbons/Guppy, Bollinger Bands, any histogram indicator, Fibonacci lines, and Stochastic.
They're all lagging indicators but all I need is a good signal everyday.
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


Who is online

Users browsing this forum: Xxcoincoin and 7 guests