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HI xard777,
How can you make the INFO PANEL in your picture,I very like it.
And the GMMA with MACD indicator was so lovey,CAN you post it here.
and what's the different from ZZ panel and the #00_zz_windows??
What indicator is putting the arrows on your charts, does it repaint or is it accurate, I have been using a MACD cross signal just to confirm the reversals at MM Lines - by the way I like what you have done to the MACD line colours.
What indicator is putting the arrows on your charts, does it repaint or is it accurate, I have been using a MACD cross signal just to confirm the reversals at MM Lines - by the way I like what you have done to the MACD line colours.
Regarding the Daily Octaves chart below - you will see that on the last octave frame, the GBPUSD went all the way up to the +2/8ths (Murrey says that if it fails to close beyond the +/-2/8ths level then it will revert back to the 50% level) and then ran down to the 4/8ths 50% level. fine text book stuff
Now, the market runs back up touching the 7/8ths level but failling to close beyond the 6/8ths (which I think is very important and a clue to market direction....correct me if I wrong...I am still learning) which is telling me that it is meeting strong resistance and therefore getting ready to go further down.
Now Murrey has stated that a market will (should) stop at the 4/8ths line the first time it hits it (its done that) so now I am looking for it to go down below the 4/8ths level with support targets at the 2/8, 0/8th & -2/8th levels.
However, if the market continues up and does not close below the 6/8th level and decides to close above it then scratch that idea as it will not be the case.
can someone post their thinking on this.
The reason I am asking this is that I have a down bet at 1.8982 and was wondering if it was good for 300pips (1.8677 2/8ths)
I know with the Daily timeframe chart the best entry was +1/8th area around 1.9100 with a sell target at 1.8555 for 545pips (I missed this one as I was busy working on the timeframe code (which would not auto change, so I had to use the labellevel ver and adapt the coloured frame around it, whilst going through the best part of 1000 indicators looking for one to confirm entry/exit strategy along with murrey)
Also, have a down bet on the dow at 11361 (+2/8ths daily, period 49) and was wondering if that was good for 424 pips (10937 4/8ths) stop at 11415
thanx
Xard777
enc octave chart, plus timeframe charts for anyone to comment on...
Hi Trading MM
Sorry about the delay - did not check if I had any messages - these are the two indicators I use with MM to help determin the strength of the MM Level as to whether the Level will Hold or Breach.