- October 22, 2018
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Examine the fabric, ask when you have questions and go away. Nothing extra!
Welcome to the "Effortless Trading + FAQ" thread. As you possibly can see from the primary line, the thread won't serve for normal chatter like many system threads usually do. I persistently submit on my "EURUSD Solely" thread, which you'll entry by way of this hyperlink: https://www.forexfactory.com/showthread.php?t=699860 and for those who to affix the get together there be my visitor.
Right here I merely wish to preserve it restricted with solely explaining my "Effortless Trading" methodology, from which I perpetually make use of. Consider this thread as a brief "classroom" the place all of the solutions associated to my system will probably be supplied. The explanation for creating this thread was the numerous questions that got here as quickly as I discussed it on my "EURUSD Solely" thread. Members naturally began asking questions to know the logic and the thread was merely not the most effective place to share my solutions to all questions directly. However right here I can do this. Beneath you will discover many posts that specify my concept. After you studied what's given thus far and you continue to have questions be happy to ask and I'll reply by including new posts if I have not defined it right here already.
Consideration! Solely questions regarded to the system are allowed right here. Members who chitchat and use the thread for normal posting MUST delete their posts as soon as I ask them to. In any other case, you may be ignored without end! We do the chat half on the "EURUSD Solely" thread. I would like this thread to grow to be some form of a fast tutorial, subsequently I kindly ask you to maintain away noise! Thanks!
Get pleasure from and Keep Inexperienced
Most Present Settings (Final Replace: 2018.10.21):
Inexperienced Line: Linear Weighted Transferring Common, 49 Shifted 1, Closing Value
Line Angles: BLUE Trendline: (36.9), RED Trendline (323.1 or -36.9)
MACD Settings: Quick EMA: 3, Sluggish EMA: 18, MACD SMA: 6, Closing Value
1. The "Inexperienced" Line
On the time making ready the chart explanations I used to be utilizing the settings "54 Shifted 2" however on occasion we should alter the settings relying on the chart circulate. I'll replace essentially the most present setting I'm utilizing on Publish-1 at any time when I make alterations.
Should you ask for the rationale why we have to alter the Inexperienced line on occasion, nicely, each forex pair has its personal circulate and even when sticking to at least one particular pair, the candle circulate of that forex (in our case the EURUSD) can present a slight change in value motion over time. The explanations may very well be the dearth of expertise, MetaTrader, lacking weekend candles, summer-winter timezone settings, international variations between dealer server time, candle gaps and so forth. and so forth. These can create distortions. And subsequently I prefer to re-check the most effective contact factors that I can get on my H1 chart to determine what the most effective settings for the inexperienced line may very well be. I hope it explains.
3. The RED and BLUE Trendlines
To attract these traces accurately first, make your chart window as large because it will get (ideally full display) so as to match as many candles because it will get into your view. I typically use zoom setting 2 (assuming 0 is essentially the most zoomed out setting the place candles grow to be tiny teeny and MT4 or MT5 does not can help you zoom out any additional).
To attract the right RED and BLUE trendlines merely comply with directions on the chart I shared beneath. There I used to be utilizing 33.3 because the angle however recently, I altered it to 36.9!
