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currently i am using the tick chart or median renko in order to get my indicator signals from pricde action only and trade through the 15 min but i was really wondering if anyone could help
Can you help answer these questions from other members on NexusFi?
snoop indicators are probably going long/short Friday over the weekend playing the gap up/down, this is the only wy i can think of an indicator producing min 40 pips!
why you are all so friendly?lol i can trade on daily but i have problem when changing my timeframe. I just wanted to ask if anyone has worked on superfast small timeframes and have found any particular settings that work good. The prob is that a system can be profitale on a certain timeframe but not in another. Anyway seems like you got offended here by my Q! Enjoy the weekend!Anyway use a simple chart with a 5 and 34 ema on a 15 min timeframe on audusd. hope you like my trading style, set your stop at 20 pips close position at +50 buy the cross and hope not to chop! you can see a 50 pip daily its not so hard with this system. just plot it
No one was offended (I hope goes the same for you), its just too many people think it's as simple as "where can I find an indicator or buy a system that makes money"? They preface it with "I only need $100 a day, or I only need $2000 a month" or whatever, as if that makes any difference at all.
So people are responding the way they are because the question itself is invalid.
Go to a Brain Surgeon and ask him, where do I find 1-page cheat sheet on how to perform brain surgery and make sure I do it better than 95% of professional surgeons?
That is what your question came across as here... you want an indicator that beats the market, for 15 pips a day, when 90-95% of traders lose money
Anyway, again no offense, people were just having fun (myself included) with their responses. But I think you have your answer.
I have liked the JMA for quite a while but haven't come to terms with how to use it in my active trading plan. So, I just put some on a chart using my favorite periods of 20, 52, and 78. The picture shows what I got. See the arrows where I marked …
. I use the JMA instead of the EMA. I don't trade the crosses but the retrace after the cross. You might consider starting a thread here for your trading. I for one would be very interested to watch you on your journey.
