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Hi evryone!
I have seen some tumbnails of simbasystem but i can not achieve such a bluered average on price chart.
How to do this.
Thanks.
hi ,go to the first post of simbasystemgbpusd thread and read the rules related to unzipping and downloading of indicators..it is probable that you need satl and chandelier stops_v1 too..for the mtfs to call them,so,if you already did everything just download the satl and chandelier stops_v1 compile them in your mt4,DO NOT PUT THEM ON THE CHART,the template will take care of that..
By the way,I presume that inadvertently you have created a new simbasystem thread..congratulations ..i suggest that,if you want you just post in the original thread..just click,to any post you want to reply or quote and your message will appear in the right thread
Malcik my friend, i will coment in point #3 here with an example of a recent trade in the GBP/USD.
Also with Simba's permission i will make this personal and humble opinion
Please refer to the attached image.
Notice that SATL is blue but Chandelier is down and as we are in a slow moving time of the day, for this example purpouse i will open a short trade.
My first entry at 1.9533 in the first signal of RSI hitting the top.Though not strictly simbasystem(simbasystem with chand in sell mode and blue satl=wait,do not entry),price was below SATl and Chandelier was signalling downtrend..so,you employed an acceptable logic for the entry..This is a good example of reentries because we have a lot (4-5 more times that RSI went down the line and back up to the top).
But, my personal rule here is to have a minimum distance in pips between reentries. How much pips? i usually put 10pips in slow market time and 20pips in prime time...Good rule,I ususally put 25 pips between entries,up to 2 positions ,and, in that case i go for 35/40 pips from the average price..
So, my second entry was at 1.9543.
Target 20 pips (because time of day and time frame of chart M1).
I exit at 1.9523 and 1.9513.
Total 40 pips less spread. In my case that makes 34 pips.
Comments welcome,Besides the above,my only comment is that your second entry was done after recrossing the satl,and this is potentially dangerous,if i were in that situation i would treat the slight penetration of satl as apotential rebounding point so,requiring confirmation-a rebound-in a few minutes,as it happened my best regards to you all,
Daniel.
Hi Daniel,
Please see my comments above and congratulations
Simba
Hi Simba
I Really Like Your System Since I Found The Thread 2 Days Ago
Some How The System Do Not Show On Chart Except
Rsi And Fibo
Any Help?
Thanks
Hi shamstec,
Go to the first post of this thread,I have updated the .zip,with all the indicators,even the Satl and the Chandelier,which probably you didn`t have in your platform,unzip them to mt4/experts/indicators..compile and you should be set
Hi evryone!
I have seen some tumbnails of simbasystem but i can not achieve such a bluered average on price chart.
How to do this.
Thanks.
Hi boogie,
Go to the first post of my simbasystem thread,I have updated the .zip,with all the indicators,even the Satl and the Chandelier,which probably you didn`t have in your platform,unzip them to mt4/experts/indicators..compile and you should be set
hi simba
first i d like to thank u very much for ur kind care and effort and patience
i wanted to watch 1H frame becos
- i can see stops at close of 1h bar
- 4h xp is more close to price
- i put mtf _wpr (5M/ 90 of course )
*THE PROBLEM IS
'' WPR SIGNAL ON 5M CHART IS SHIFTED POSITION FROM THE IH CHART ''
ANY IDEA
WISH U THE BEST
REGARDS
shamstec@hotmail.com ..could you please post the MTF_WPR..looks interesting..and i leave and come back and this thread is getting more and more interesting also..great job allof you here and above all Simba for sure
..i suggest that,if you want you just post in the original thread..just click,to any post you want to reply or quote and your message will appear in the right thread
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