markata iakovlev wrote: Thu Jul 07, 2022 1:31 am
Hello,
I communicate very little and rarely on social networks, only frequenting them if they are related to trading activities. I am also not a programmer and my only projects, objectives and points of focus are operational trading.
I am writing today to thank the people who programmed the magnificent indicators that I decided to use in order to be informed at all times of what I am looking for on the charts: Technical setups.
The least of the contributions I can make is to share here how I decided to use these indicators in my trading and my trading template.
I use Ichimoku Kinko Hyo as my base supreme filter: If Ichimoku disagrees, I sit on my hands.
I am using "6xindy 1.1." in order to be informed in the current unit of time of a possible setup.
The fact that 6 indicators agree is enough for me and I don't need to look at them, nor to know if the setup would be prettier with Stochastic 8.3.3 instead of 5.3.3... 6 agree and that is enough for me.
at the same time, 'I use "Fractal channel filtered rsi histo BT" which allows me to obtain the same kind of information, with an additional advantage of size: It gives an alert again each time its two conditions are met, which can help to pyramid a position.
Finally, I use "6xindy.ex4" in the upper time unit. So why the basic version and version 1.1? Because one of these two versions cannot be executed twice in two different time units on the same template.
in visualization, so I have Ichimoku Kinko Hyo, the arrows of these magnificent indicators and an RSI 5, just to see a possible exaggeration or divergence, out of pure habit, because in terms of probabilities, exaggerations and divergences are not, according to my experience, decisive in identifying a trend reversal. Sometimes the price plays havoc, sometimes it changes discreetly and it all depends on liquidity considerations that we never know. On the other hand, if all breakouts do not cause a trend reversal, I do not know of a single trend reversal that did not start with a breakout. In this sense, these indicators are very valuable.
the ideal setup is as follows:
The 3 indicators I mentioned, plus the 5 organs of Ichimoku Kinko Hyo OK.
I decided to use another additional leverage: time.
There are 1440 minutes in a day, so if I swing trade 5 minute moves, I potentially have 144 days in a single day compared to a swing trader working Dailly moves. Market noise? I trade them. M1 is therefore my H4 and I refine my entries in 12 seconds on MT4 thanks to a free EA offered by FX Blue. The good news is that the three indicators I use work in 12 seconds on the charts generated by the EA I'm talking about, easily accessible on the Internet with other great features, such as market sentiment, or even Copy trading EA, for those with multiple Profirms and personal accounts.
Possible progress? A meta indicators generated by the three (two, in fact, see only one that I use because I only tinkered with jewelry...): An indicator that tells me: M1 and M5, or S12 and M1, or even M5 and M30 (M30, it's my weekly...) agree and that every time it happens and recurs in a trend, from its birth to its end.
Obviously, if an M1 trend turns into an H1 trend, or Dailly, what has to happen will happen.
If the person who programmed these indicators can make a meta of them, according to my descriptions, it would be... pure magic...
I studied hundreds of indicators with hundreds of combinations and settings, studied dozens of strategies and of course spent 5 figures for all this... And here, by no coincidence, I found what I was looking for last week and within a few days backtested and aggregated what worked for me... Oh yes, last things: I had already seen indicators that said 3, 4, or even 10 indicators were ok... but they consumed a lot of computing power and gave very average alerts... What I have in my hands today is a treasure.
I only trade EURUSD, the most liquid with a low spread... 1% per trade with pyramiding on Profirms accounts and 3% in copy trading on 1:500 leveraged accounts... And that's it
Markata is a monkey. And I can finally trade like a monkey
Re: 4 Time Frame and All TFs Indicators for MT4
