Suggestion My Holy Grail After 4 years of trading

Hello, Guz! Did you buy USD/CAD already?

 

bp2000, first thanks a lot for your great work. If you are seriously considering add EW as a filter, please take a look at this one - EW + Fibo Indicator with price targets. The one you are using is a Wolfe Wave, not a true EW. This is a true EW, you will love it.

Indicator is on the first page:

https://soehoe.id/free-indicator-homework-creativity.t18318/

 

I don't like the candle formation on m30 time frame for buy, so I'm not going to trade USD/CAD today.

 

https://soehoe.id/free-indicator-homework-creativity.t18318/

Master bp2000 this is more interesting than EW

 

what do you think about this EW indicator

 

Aussie re-entry sell, my trap sell limit was not hit....

 

This is what I use to trade US500 (SPX): The price targets are right on this nice 5W move.

 

I've the MQ4 source file somewhere on my computers, I can find it if you are interested in it. Wolfe wave counts are very different, it doesn't use the exact fib calculations on each wave, it does project prices based on W1-W3 to project W5. This is Wolfe Wave price projection for SP500 based on 4H:

 

hello Timmy ... I find the indicator called EW + Fibo Indicator with price targets interesting ... could you explain a little how it works and how to make the correct entries with this indicator? Thanks in advance

 

You have to learn the basics of EW. When you see green 0-1-2-3-4-5, try to play LONG only, the correction/pull back is short. When you see RED 1-2-3-4-5, try to go short when the price reached to the top targets and the EW number showed up. Many people are using it, I am using it daily too.

 

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Hi Jessicaz, thank you very much for the information. I am telling you that I am using this indicator but repaint. My question is how can I handle that and in what time frame should it be used and also how should the targets be used?
thanks in advance

 

Repainting issue: You must have your trading setup that you depend on, and this EW is just addition for a confirmation / confluence before you take a trade. So repainting will not affect your trades

TimeFrame: I do suggest that you use EW to H4 and H1 time frame for overall trading direction, while looking at 15M or 30M for entry timing using your setup.

Regards
Mwl.RCT

 

so in this case what will we do ? when we see green which is long, we should trade on wave 3 ? which will be towards the trend direction ? and similarly in the case of sell... how do u recommend to trade EW ? looking forward to your guidance..

 

I can't say bp2000, I'll have to see it in action and compare to my own manual analysis. Here's a thought, try comparing the direction of the signals you get to these today.

CAD/JPY >long
NZD/USD > long
NZD/JPY > long
GBP/CAD > short
AUD/JPY > long
EUR/JPY > long

Regards
Guz

 

Hi, is iot possible to make a filter in SuperSignal EA to open position only if there is Z on both TF and not only on M15?

 

This is my review for this thread:
Thanks for share a system which used and proven that it's profitable.

 

default setting?

 

Good afternoon.
This is my first post on this forum.
Tell me what kind of adviser you use in trading.
I would be grateful if you share it or specify in which message it can be found.
Thank you in advance.

 

Thanks to those who have made this system possible

Could you tell me the EA settings for an account with $ 1000? The one that comes by default in the EA?

Another question that has not been clear to me ... sorry if it has already been commented ... In the event that the EA enters into an operation and it is not correct, generating losses, when that operation is closed? I don't see SL

I await your kind responses. Very grateful in advance