Patterns Observation.

[Don_xyZ]

So then, the blurry line between naked trading and those who use indicator(s) to trade. Is this included? Technically, it's using something to automatically "draw" something on your chart but there is really no (or very basic) calculation.

mtf candlestick indicator.png

zl indicator.png

Any of these indicators can make you a "brazillian" dollar (forgive the lame joke)
2 trades. Very, very, very heavy lot size. The spirits still guide. Gonna spend the weekend tweaking the zl indicator.

Some people still can't get over the result of the Argentina v S.Arabia

Harvesting season for bookies

I really liked using the candles m candles m indicator back in the day. (htf overlay)
Which one you using now?
got a link.
Sure would make it simpler than trading with split screen.

I also liked the mini charts that were higher tf 5-7 candles inset.
Could have 3-4 TF staring you in the face and still have whole chart view.

"Only need 3 candles to trade" MO

No link. Straight from my Data Folder.

The original

CustomCandles - any tmf.mq4

(8.69 KiB) Downloaded 66 times

CustomCandles - any tmf.ex4

(22.05 KiB) Downloaded 67 times

The one with no wick. This is the one I used on my last chart.

CustomCandles - any tmf Nov. 25, 2022.mq4

(7.35 KiB) Downloaded 62 times

CustomCandles - any tmf Nov. 25, 2022.ex4

(21.17 KiB) Downloaded 69 times

The weakness of those indicators is you can't put 2 custom charts one on top of the other. There was another indicator that can do that but I just couldn't find it on the net.

[Don_xyZ]

@pro

Have you seen this guy? He's legit. His early vids all talked about flipping accounts. Worth watching.

https://www.youtube.com/@ntgacademy

[prochargedmopar]

@pro

Have you seen this guy? He's legit. His early vids all talked about flipping accounts. Worth watching.

https://www.youtube.com/@ntgacademy

Easy as 123. Joe Ross.

Dbl bottom for good measure. LOL

DonXYZ.jpg (26.95 KiB) Viewed 863 times

[prochargedmopar]

So then, the blurry line between naked trading and those who use indicator(s) to trade. Is this included? Technically, it's using something to automatically "draw" something on your chart but there is really no (or very basic) calculation.

mtf candlestick indicator.png

zl indicator.png

Any of these indicators can make you a "brazillian" dollar (forgive the lame joke)
2 trades. Very, very, very heavy lot size. The spirits still guide. Gonna spend the weekend tweaking the zl indicator.

Some people still can't get over the result of the Argentina v S.Arabia

Harvesting season for bookies

I really liked using the candles m candles m indicator back in the day. (htf overlay)
Which one you using now?
got a link.
Sure would make it simpler than trading with split screen.

I also liked the mini charts that were higher tf 5-7 candles inset.
Could have 3-4 TF staring you in the face and still have whole chart view.

"Only need 3 candles to trade" MO

No link. Straight from my Data Folder.

The original

CustomCandles - any tmf.mq4
CustomCandles - any tmf.ex4


The one with no wick. This is the one I used on my last chart.

CustomCandles - any tmf Nov. 25, 2022.mq4
CustomCandles - any tmf Nov. 25, 2022.ex4

The weakness of those indicators is you can't put 2 custom charts one on top of the other. There was another indicator that can do that but I just couldn't find it on the net.

Thanks
I prefer wicks.
"wicks don't lie" some streamer, never watched him.
"wick in direction of loss" MightyOne

[prochargedmopar]

You've really got to zoom wayyyy out to see what's going on with the m15.
You can also get much larger targets than just m1 zoomed in.
But, you will also be way late to the setup IF you wait for m15 candle conformations to form.

Think m5 for m1 still be better. We'll see with some forward testing.

Candles.jpg (165.54 KiB) Viewed 846 times

Candles2.jpg (87.94 KiB) Viewed 846 times

[prochargedmopar]

M10 is very interesting on BTC.

I know Joe Ross used the 10m chart to trade EU a LOT.
Used volitility to set stop and target sizes.
It was almost always the right size on EU using Traders trick and LOC for setups.

Candles.jpg (165.54 KiB) Viewed 843 times

[prochargedmopar]

M10 is very interesting on BTC.

I know Joe Ross used the 10m chart to trade EU a LOT.
Used volitility to set stop and target sizes.
It was almost always the right size on EU using Traders trick and LOC for setups.

Candles.jpg

These are pretty cool.
Could use m7 one day and m12 the next depending on VIX of pair trading.

[IgazI]

You've really got to zoom wayyyy out to see what's going on with the m15.
You can also get much larger targets than just m1 zoomed in.
But, you will also be way late to the setup IF you wait for m15 candle conformations to form.

Think m5 for m1 still be better. We'll see with some forward testing.

I think that 3 minutes is the sweat spot:

when I construct a chart of closing ranges, based on greater than 3 closes, then I start to lose the essence of the underlying chart;
since a 1 minute chart is the smallest chart for most people then it makes the most sense to use a 3 minute chart.

Since the next most common chart is the 5 minute, it makes the most sense to use the 15 minute as your large chart.

PS: a little too small is not as bad as a little too large.

[prochargedmopar]

I'll quit mucking up your thread here in a min. LOL

U30 and m5, Wow!!

Candles.jpg (182.09 KiB) Viewed 816 times

[Don_xyZ]

You've really got to zoom wayyyy out to see what's going on with the m15.
You can also get much larger targets than just m1 zoomed in.
But, you will also be way late to the setup IF you wait for m15 candle conformations to form.

Think m5 for m1 still be better. We'll see with some forward testing.

Candles.jpgCandles2.jpg

You're right. But that m15 is used for something else. I got a variety of anchor trade setups for early entry.