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Suggestion My Holy Grail After 4 years of trading

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/

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Aussie re-entry sell, my trap sell limit was not hit....
:crying:
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bp2000 said:
no source code of this indicator, we cannot get informations from this indicator.
can you tell me what difference between Wolf Wave and Elliott Wave?
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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:

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Oswald said:
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
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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.
 
jessicaz said:
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
 
Oswald said:
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?
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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
 
jessicaz said:
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.
Click to expand...
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..
 
bp2000 said:
I think we should stop discussing Elliott Wave here.
I just want using EW as signal filter not a full trading system and trading rules.
And now I finished the filter using Wolf Wave.
But in my testing I saw only a few signal. Is this Okay?
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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?
 
Нead_hunter79 said:
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.
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Hello, how do you want to make money on Forex? This is hard work, you need to make every effort and attention. At the same time, you can not bother to read this forum branch from the very beginning. there are all the questions for your answers, as well as many more useful information to understand.
 
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