mctc currency strength indi for you to try - Page 3
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Thread: mctc currency strength indi for you to try

  1. #21
    Im happy my indi is helping some individuals , and thank you for posting.
    The reason why I put this thread up is so we could loe a method to utilize it , by investing the BEST moving pairs by a starting point , make sure it H4 , daily , weekly or even monthly.
    I believe in currency strength trading and don't believe in timespan averaging indiors.

    @ neilgroom , Ive been reading a few of your articles and we're on precisely the same page , trade the weakest currency against the strongest , I genuinely believe this is the only method to trade profitably.

    I have another indior much more powerful than this one , but I cannot post the link as it is for sale on MQL5 . Com , but it is 100% in accore with currency power trading.

    Regards the EA: it is a test of a egy , rather complied and has a couple of bugs. I'm focusing which will run on the MQL5 vps needs a couple more months of testing. I did outline the egy in a post.

  2. #22
    Quote Originally Posted by ;
    Im happy my indi is helping some people , and thank you for submitting. The reason I set this thread up is so we could loe a method to use it , by investing the BEST moving pairs by a starting point , be it H4 , daily , weekly or monthly. I believe in currency trading and do not believe in averaging indiors. @ , Ive been reading a few of your posts and we're on precisely the same page , commerce the weakest currency against the most powerful , I believe this is the only way to trade profitably. I've another indior more...
    Thanks I'll check it out. Continue the Fantastic job :-)

  3. #23
    Ive posted this earlier and Ill post it again:

    If you think like me you may agree.
    -------------------------------------------

    food for thought ...

    John was marketed a lie.

    It's a lie so easy to think about. Since it creates
    so much sense.

    Near impossible to challenge its own logic.

    And, really it's not a lie, per se. I mean, if you
    believe in something so much, disperse this
    opinion to other people, is it a lie?

    Did not matter anyway.

    John believed the lie:

    - You place indior A on your chart.

    - You then place indior B on your chart.

    - You then place indior C on you chart.

    - If A, B, C (and F, E, G.. .) Are ALL telling you that
    the price is beggingt move up, then the probability of price
    going up is raised, right?

    So when John got confirmation ( the price is gont grow)
    and all of his indiors were in agreement, he entered a
    lengthy trade.

    Then the impossible happened.

    Price stinks.

    John was angry, confuse, and disheartened.

    Maybe he didn't add enough indiors.

    Maybe if he also received confirmation by a couple more indiors,
    the price would really shoot up.

    (as if market price rises or falls just since these
    magic indiors say...)

    Therefore, he added indior X, and Y, and Z.

    Then the same thing happened.

    WTF.

    A vicious circle.

    No wonder John is frued.

    No wonder John falls again and again for the
    trend of the day everybody's trying to market him.

    --

    Matt was marketed exactly the same lie.

    It all made perfect sense.

    If one indior is appropriate 50% of the time, the other is
    right 50% of their time, then when both of these issue the
    same sign, the prospect of it being appropriate has to be higher
    than 50%.

    Proper?

    Well...

    Why would you think unsuccessful traders are obsessed with

    market analysis?

    They crave the feeling of certainty that analysis appears
    to provide them.

    Though few would admit it, the reality is that the typical
    trader wants to be correct on every single trade.

    He is desperately trying to create certainty in which it

    simply doesn't exist.

  4. #24
    I quote a post on another thread:

    Indiors are by their own character lagging, so they're basically useless in gambling. Unless of course you earn money selling indiors or EAs - then they can be quite rewarding.

    On Your preceding, John clearly does not understand probability theory. Since every indior has a 50% chance of being right ( in other words, no better than flipping a coin - heads I buy, tails I sell) together the joint probability of succeeding is 25%. So more indiors simply makes things worse, not better.

    But of course, these standard comprehension is discouraged by the trading business - they want you to trade often, which makes them lots of money on the spreads. Hasn't everybody here atnigeriaforextradingclicked on the Currency Market instruction section of the broker's webpage? And what do we discover there - directions about the best way best to use indiors - moving averages, RSI, stochastics, etc.. Completely useless garbage that is only going to make you lose your hard-earned money.

    Ask yourself this - Why is it almost retail Currency Market brokers/marketmakers utilize MT4? I will let you know why - it is because Metatrader was developed to allow you to join indiors, so you'll be tempted to trade regularly and thus lose money faster. It is the exact same motive Vegas slot machines have lots of bells and whistles - they want you to perform so they could take your money.

  5. #25
    SLICK ! Very great work.

    Can this indy take up much system resources?

    Do you need to have all charts available, or merely showing in Market Watch Window?

  6. #26
    Hello BUJU. Here is what I get when trying to see indy.

    I've rebooted, refreshed, altered settings, altered profiles to only 1 currency showing, Allow DLL Imports, tried two different MT4 brokers, and have been unable to become indy to properly display.

    Additionally, pair doesn't change by clicking on it.
    It I could get it to function, it'd be GREAT to have font size adjustment, added to configurations.
    Thanks,
    Darryl

  7. #27
    The chart , USDCADi , includes a suffix I added into the pair. Some brokers utilize suffix's on their pairs.

    The indi does not er for that at the moment. You want to use a broker or pair that does not utilize suffix's , ie USDCAD , not USDCADi .
    cheers

  8. #28

  9. #29
    Thankyou buju for presenting this wonderful indi!
    Can I ask if potential alter the pair currency icon from vertical to horizontal rows?

  10. #30
    well today markets where craZY , but aren't they constantly on a friday !

    Happy to report that my EA still managed to achieve its goal of 3 % for today , which makes it total 100 % in 4 weeks , yes , its doubled the account in 1 month , the power of compounding ! Feel free to look at the trade explorer.

    My new EA, not shown here but shown on my mt5.com profile , look for , is much more efficient , pm me if you want the link

    that is just a simple method , see previous posts , but I know using the indi will make MUCH longer
    so cmon peeps place your thinking caps on and work out a egy/method , PM or post here - or do you all love your boss - lol


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