Look At This It WILL Help

 

Hello,

Something that helped me immeasurably in my trading was this.

Having a real trigger as when to get in and when to get out of a trade.

There are all kinds of "lines" "cross overs" but I am the type of person

that likes to have a definate ENTRY POINT not something that can be viewed

from 5 different angles.

So here it is ....

I only trade off of 4hr, daily chart.

Daily chart for trend direction.

4 hr for actual entry point - sometimes I will go down to 1 hr but that is only sometimes.

As long as you have 4 hr and daily chart up you'll do good.

I am not providing a actual method to trade rather a couple of things you can add to your method already that will fine tune it and make it much more exact.

Here it is .....

1. Heikin Ashi candles a MUST

2. 5 period LWMA offset (shift) by 2

Linear weighted moving average = LWMA

Add the LWMA to typical price h/l/c/3

In meta trader you will understand this set up of configuration.

You can view the pics I posted to see the relation of the candles to the

5 lwma. This is what I use as my trigger to get into and out of trades and

still after all these 3.5 years of trading it's the only thing I have come across

that is exact enough for me to be able to trade with precision entry and exits.

I hope it helps you.

~Colin

Files:
daily_new.jpg  80 kb
 

Thanks a lot for sharing colin.. it sure does help..

regards

 

Thanks a million Colin for sharing great stuff!

 

Thanks Prostyle. Very great visual.

FerruFx

 

i have really missed alot....i dont know there exist a site like this that traders relate ..and bring out result....to be sincere i commend the effort of the guys in charge ....you are really..innovative.....i will like more explanation on how the trend manager work....have anybody tried it

 

That's a pretty good stuff!

Thank you for sharing that one..

Sounds a good pips huh!

 

Very good!!!

Thanks Colin! (n_n)

 

Hi Colin

may i know where can i find this indicators, i am new.

2. 5 period LWMA offset (shift) by 2

Linear weighted moving average = LWMA

Add the LWMA to typical price h/l/c/3

Thanks

garfield.

 

just google for heiken

the rest are part of the mt4 platform.

 
garfield:
Hi Colinmay i know where can i find this indicators, i am new.2. 5 period LWMA offset (shift) by 2 Linear weighted moving average = LWMAAdd the LWMA to typical price h/l/c/3Thanksgarfield.

Just click Insert > Indicators > Moving Average ... then set accordingly.

FerruFx

 

very nice, Colin

here i attach the indicators and template so you don't need to google it

Files:
colin.zip  5 kb
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