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All the indicators I use , plus template ... you can delete some or all .. use what you need .. personally I love to see them all on my screen .. it help me decide my trades
___ The vertical lines on my screen are the Europe, London, US OPEN times and the last one is for Europe close .. I use two day ( you can set the number of days for this indicator to work ) it helps me see the pattern between days the indicator responsible for these lines is Dolly trading times .. and there is a text with it but its hidden under the KusKus indicator ( no space ) pls this indicator needs to be set to your broker time mine is IBFX if you have another broker then these lines will show on the wrong place .. also the clock indicator you need to enable (allow dll inputs )for the indicator to work otherwise it will give some messages
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Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-21-2007 at 02:58 PM. |
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Colors -- simple but useful
I am a technical trader and I love to trade with the patterns I know, with the trend and with KusKus having all the indicators on my screen helps me decide my trades .. But that makes the screen too busy so for me to focus on KusKus as it's the main indicator, while at the same time see the other indicators for example the Bands, I add a bit of black to each indicator and this is how I do it :
Click any where on your MT4 screen Go to indicator list and chose your indicatort that you want to change its color Go to indicator properties then go to the color setting click on the color then drag the arrow down and go to custom drag the color arrow down to add more black ..add to custom colors then ok Example the setting for the bands indictor default color is LightSeaGreen , I want to see the band on my screen but focus on the KusKus so I add black to the LightSeaGreen to blend it with the background which is black the result is 14,75,72 of course you can do that in another way by going to the code and change the colors from there ... which I also do sometimes ... like nina indicator i change the yellow to Blue and the White to Red to match the KusKus
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Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-21-2007 at 02:07 PM. |
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The rules I trade with ... Miniaccount No of lots .3 No of open trades 4 ( 4 each one is .3 or 0.2 or 0.1 depends on my mode) 30 min chart All currency Nina will mostly give a message alert before KusKus I look at the screen and wait for the KusKus 3 indicators to match ( All blue or All Red ) If the KusKus indicators in the direction of the 4 Hour and Daily trend I trade .. if not I wait 1 or 2 hours maybe more ( if I am around ) .. for the KusKus to go opposite the 4H and 1 daily trend, I look for a Candle patterns and sometimes I go against KusKus ( specially when I see a clear reverse signal and the candles are outside the Bands) I always trade in the direction of 4H and 1 daily trend .. I dont use stop loss I use 15 min trailing stop And on Wednesday I look for the pairs with the good swap ( mostly USJAP) and if it goes with the rules I trade making use of the double swap offered on Wednesday To keep things simple dont trade candle patterns if don't know them.. just trade KusKus in the direction of the 4H and 1 daily trend that should keep you safe and will mostly give up lots of pips so far not a single loss ![]()
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Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-21-2007 at 03:33 PM. |
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WOW !!!!! Thanks for sharing, Mini Me I will forward test your sytem right away. Just wonder, If you put trailing stop 15 points without stop-loss, if the market's against you, will it stop at -15 pips or just going down to no end? thx |
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WOW !!!!!
Thanks for sharing, Mini Me I will forward test your sytem right away. Just wonder, If you put trailing stop 15 points without stop-loss, if the market's against you, will it stop at -15 pips or just going down to no end? thx _________ lol you will have to wait for the market to open No stop loss meaning if the market goes against me I should lose everything so yes ..... just going down to no end?.. but I trade mini account with good money management .. the market will mostly goes in this direction of the 4H and daily trend, if not .. it tries to test some levels back on the direction of the 4H or daily trend .. normally the market likes round numbers like 1.200 or 1.500 or 1.900 and likes to test these round levels a lot .. why ..it just does that In the news even if the market goes against me it will end up correcting the move in the direction of the 4H and daily trend .. because this is how the market moves Why I use 15 pip trailing stop .. well 15 pips are easy to achieve if you use KusKus and trend together you can not go wrong for ex : the EU/US mostly moves about 60 to 80 pips a day .. so 15 pips and you know your doing all the right things is achievable once you hit the 15 pips your stop loss will trigger so before the 15 pips are achieved, your expose to the market with no stop loss and if the market moves in your favor, each time the market moves one pip in your favor your stoploss will move one pip up .. this way so many times I come to see my trades are on 70 pips or 80 pips winning worst cause you end up with 2 or three pips .. when there is a bull trap on the news its even better because no matter what the 15 pips are triggered ... The other reason I use 15 pips trail stop is, that mostly I am not around to trade and I want to achive the max no. of pips .... by the way the less time you spend on trading the more money you make ... Just plan your trade and leave it
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Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-21-2007 at 04:11 PM. |
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Dogstars
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Simple rules with the bands : the market likes to trade in the band, so if the candle hits the boundary it will tend to move back towards the inner of the band, second rule if the bands are narrow and tight that mean there is a big move ( traders are waiting news ) and the move will be as big as the waiting period ( narrow period ) Just remeber guys, adding more techinical will help get you more pips but the main indicator is KusKus By the way English is not my first language, I hope I am not making too many mistakes ... and if you don't understand me, PM me and i will try to explain ... All the thanks to ZeMan ( KusKus ) and ANCOLL ( Dolly ) for making my trades easier
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Risk comes from not knowing what you're doing Never argue with an idiot. They drag you down to their level then beat you with experience Last edited by MiniMe; 01-21-2007 at 07:26 PM. |
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