Originally Posted by lodol2

hi tragapips thx for indicator

hi simba

Thx for explanation. i tried now:

i take the purple sma and draw a trendline when other smas turn. then i take this point and look for high or low. two questions here.

the projected trendline (purple) has to cross with which sma ( the red one?) or (the blue one?) or (the green one?)...the 3 of them will form an area,you are looking for the midpoint of several concurrent cyclesYou should project the blue and yellow lines at the bottom end and this will be your approximate crossing point from which to extrapolate for a top..be flexible,it changes every bar,but with experience you will learn to know when the area is parctically fixed there
which high I take..of course in this example its clear but how far you go back to search for a high? or only the highest point after the mas turn?highest point before smas turn,if there is a previous one,higher,take care ,this could be a false signal,so,you would have to check both and play it by ear
then I projekt the pips to the cross point.ok

works incredible perfect, but i have to try more... add a range..+-10% of the move
how much pips up or down you add to the projection?

and how you get the time projection? (from the other smas)2 ways..first from low to projected cross you count the periods and you add then to the projected cross date..second,from previous cross to low then add this distance to projected cross date and you will have the projected top timing..suggestion,use both and be flexible
and its always only a projection from the purple sma right?no,this is an art ,so,you have to practice a lot,look for a projection area of most smas
ok so much thanks to bring this up. i Think i understand some things.

so this is also not possible to program in an EA because its not possible to project a trendline right? its a visual thing...Why do you want to lose the sudden enjoyment of really understanding what price is doing ..and learning from it?

ok buenas noches..Gracias colega

lodol

Originally Posted by lodol2

Where is SL and TP and entry point ?

hi

you have to study the whole thread (and maybe more) if you want to understand.....................................

Originally Posted by SIMBA

Hi everybody,

Save in mt4/experts/indicators,then close and reopen your platform and it should be there working for you
Enjoy it
Simba

EDIT: THE 5 COMMANDMENTS OF THE SIMBACONMAN

1-USE ONLY IN DAILY TF

2-USE FOR GBPUSD EXCLUSIVELY

3-DUE TO HIGH CORRELATION(between gbpusd,eurusd,inverted usdchf) YOU CAN USE IT,FOR CONFIRMATION ,WITH EURUSD and USDCHF..SO,IF THE 3 AGREE USD UP OR USD DOWN (versus European currenciesYOU HAVE HIGH PROBABILITIES STACKED IN YOUR FAVOUR

4-IF,IN SPITE OF POINT2 YOU WANT TO USE IT FOR ADDITIONAL PAIRS,LIMIT YOURSELF TO EURUSD,USDCHF AND ONLY IF YOU HAVE MUTUAL CONFIRMATION IN THE 3 PAIRS

5-IF,IN SPITE OF POINT 1,YOU WANT TO USE IT FOR OTHER TIMEFRAMES,DON`T DO IT..at times it will work (specially in 1H,15M,5M,1M) like a clockwork..and at times you will get very nasty surprises..DO NOT USE IT FOR TIMING IN SHORTER THAN 1D TFs

I HAVE GIVEN YOU A VERY SHARP INSTRUMENT..CAREFUL USE WILL CUT YOUR LOSSES,CARELESS USE WILL BLEED YOUR ACCOUNT

Take care
Simba

Originally Posted by flyer1

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Look I don't know why you don't want to believe me, but the file is at the top of the above posting, still is, but if you click on it, it won't work. Sorry to be such a nuisance, but if you don't have the time then just refer me to somebody else pse.