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Look at your Step_Stoch_Ma - Max. Bars to count are only 3327. You should download the maximum of bars that your Broker allows. Press the Home-Key(POS1) many times on your Keyboard to update the history and solve the problem. Restart your MT4 after this process to recalculate the correct Stoch.
I like to thank Nina on this great strategy. I think we can use Fibonacchi expansion as a good exit strategy. If your not familiar with using Fibonacchi exapnsion I will explain how it works at a later post. Anyway I like to share with you a screenshot which shows below how the fibonacchi expansion can be used to produce potential targets. I have used them for a while now with some great results. Its very effective when its used properly. Please let me know what you think and if you have any ideas to improve the exit strategy.
Look at your Step_Stoch_Ma - Max. Bars to count are only 3327. You should download the maximum of bars that your Broker allows. Press the Home-Key(POS1) many times on your Keyboard to update the history and solve the problem. Restart your MT4 after this process to recalculate the correct Stoch.
thank you dave u really help me a lots have a nice trading day to u
Look at them carefully and, according to rules, let me know what you think.
Nina
Ok, may be I am not understanding correctly level 4 signals and consolidation. I am even in doubt about example from the doc on the first post. Where exactly signal happens in that example:
It will happen at the last bar (from left) if it will break the previous two (of the same low, according to your post #6205)
Or it had already happen during the 9 bar (from left), then it have broken 8 bar’s low?
Now getting back, today, for my point of view, situation was very similar in the morning to the 22 of September (your post #6238):
Eur/usd is now -30 min shifted and in opposite direction comparing to that day;
On usd/chf it is now as it was on gbp/usd;
And on gbp/usd it is similar to that was on usd/chf except for breaking the level during 5:30 today, so on 22 for esd/chf the pattern was ^, and now for gbp/usd ^v^
All ‘signals’ are +/- on the border of trade time, on the edge of the prev. day range, and I do not see the strength for any of the unfortunately.
That is my path of thinking, which is obviously wrong somewhere.
If you would find some time to explain where I’m wrong, it would be very kind of you.
I like to thank Nina on this great strategy. I think we can use Fibonacchi expansion as a good exit strategy. If your not familiar with using Fibonacchi exapnsion I will explain how it works at a later post. Anyway I like to share with you a screenshot which shows below how the fibonacchi expansion can be used to produce potential targets. I have used them for a while now with some great results. Its very effective when its used properly. Please let me know what you think and if you have any ideas to improve the exit strategy.
hi,
i'm interested in fibos. how did you use it in your example? you took the first move from 2613 to 2518 and draw the same at the possible high at 2555?