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Hi MO, The 5 bars box are used because of a previous momo breakout of equal time period (ie. 5 bars)? I note that the box is placed at the highest high of the range - you are looking for a correction/breakout away from the box? Thanks for the "story". It's like watching a chess game unfold...

Thanks, MO. Here's the indicator I am using...

Lis

MO, Thanks. Actually there's one available (with time shift function) but the period converter indicator doesn't work well over weekend period and there's some issue with refresh after you change the shift factor. I have attached a copy here. Anyway I use custom candle to create custom period with s...

MO, I am trying to understand your "messages". I think there are some elements of Mighty Zone in it. On the attached GBPUSD H1 chart, you can see 3 dark blue vertical boxes. The first box was formed using the pre-breakout candle (left lower corner) and the highest high candle (right upper ...

MO,

Referring to the attahed M5 chart (with H1 candle superimposed), do the arrows correctly show the last highest high or lowest low of each H1 candle?

Regarding 3 candles, current candle is the lie and the previous 2 candles were the truth. Is it how you interpret it?

Thanks.

Lis

MO, So the best setup would be time-based charts with the most recent highest high/lowest low marked? How far do you look back when you identify these highs/lows? I understand the need to plan for trading. However, where should I start (eg. monthly chart) and which important areas I should concentra...

Trading zero zones on M5!!

Next chart using constant range bar for comparison.

Thanks blubb for the visual ordering EA.

Lis

Good trade, es/pip.

Lis

MO, I recall that you use a number of TF other than the ones in MT4 (eg. 130m). Are you still using it? I also remember you mentioned that using a combination of TF (eg. M10, M20. M30, etc) might help. Are you able to elaborate on how these TF could be used for trading? I am still trying to find out...

I got it from MQL service shop (mqlservice.net).

Lis