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Yes, however, if it is within the boundry of .0012 region. Slope will not be considered favorable for directional determination if it is situated outside this boundry. Slope will be in favor of direction if it is inside that boundry. For example if the slope is upward and it is below zero and/or below .0012 boundry then i will not consider this trend upward as trend is very strong. Another example can be like on the other side if slope is downward and it is making above the zero but below .0012 boundry then the trend is downward way to go. Hope it will help.
Rgds,
SFX
Ok thanks just trying to figure out how to use it etc As I am trying to see whats the best way to trade with it. I am more of a short term trader so looking to use the lower timeframes.
Ok thanks just trying to figure out how to use it etc As I am trying to see whats the best way to trade with it. I am more of a short term trader so looking to use the lower timeframes.
I closed my trade 114.85. Almost 40+ pips. First good solid trade.
Creztor,
Try to demo it a lot. Make yourself comfortable with it, and post your trades here. So we can refine this system little more.
Rgds,
SFX
I closed my trade 114.85. Almost 40+ pips. First good solid trade.
Creztor,
Try to demo it a lot. Make yourself comfortable with it, and post your trades here. So we can refine this system little more.
Rgds,
SFX
Glad to hear you did well on that one. Yes will definitely demo it, just trying to figure out the "best" way to trade it in the lower time frames, hence following your posts Thx again.
Hi this is my first post in this forum im still learning about fx and indicators... Im wondering if the trendtraffic indicator repaints? I have loaded the thing in my chart and for being honeste its surprising... but im wondering if it repaints...
I've tried trend traffic on demo to check if it works. I assumed that red/white line must be outside of hmm sort of channel and when its getting back I'm closing position. I've tried it on demo account. In the same time I've opened many pairs just to check only. Without s/r lines ... It was a bit of luck I know but look at results
I have been following this nice work but I have a question. I know that exit is given for the cross of 0.003 or the blue line but how do I understand the 0.12 in the TT, how do I use it? thanks
I have been following this nice work but I have a question. I know that exit is given for the cross of 0.003 or the blue line but how do I understand the 0.12 in the TT, how do I use it? thanks
Hi all,
This indicator is one of it kinds. Nich, really deserves appreciation developing an efficient indicator which can help us with all trading styles.
I used word efficient because I would like to check its effectiveness. We have number of options available to use this indicator. From scalping to long term trending we can have a help from trend traffic to avoid our losses and make consistent profits.
Market conditions never remain same; therefore, we need to be proficient in all kind of trading style. If we want to live long in forex brutal market, trend traffic has a tendency to help us reacting according to market conditions.
Some of us has too much addiction of trading, we want to trigger trades even we don’t have perfect trade setup, one of the reason behind demo providing by forex broker might be this to make us addictive of triggering the trades, so when we have real live account we do the same and hence lost all our hard earned equity. To prevent that and to fulfill our addiction we need to know or be a master of almost every trading style, hence, even we are addictive of triggering the trade, still, at least we must have some reason behind it.
I am making this thread to share ideas with all you geniuses how to trade with the help of trend traffic, how to scalp, when to go with trend, when to reverse and when not to trade. We might end up with an ea which will give us all options to trade with all these different trading styles. Good Luck.
REGARDS,
SFX
Hey Mate!!!
I need some help with your indicator.
I downloaded and install it in my MT4.
But now every time I open my MT4 it crashes. I don’t know what did I do wrong or if your indicator has something to do with it.