1) the market's current vibration rate and. 2) whether the market is trending or trading sideways. Because this EA makes decisions on the run and changes settings according to market conditions, optimisation is less challenging. So we have designed it so that optimisation skills are not essential /6/25 · The Divergence Finder EA The Degree Forex Indicator The DOUBLE in a Day EA The Grid Trend Multiplier The Degree indicator provides essential trading information for Forex Traders who are trading manual or automated Forex Strategies. It does not trade for you and is not a continuously traded EA
Free Forex Momentum Indicator provides the best Forex entries
Alex 5 Comments. A recent trend is to move to support and resistance based trading techniques using no indicators. Does this mean indicator trading is dead? We have recently found an amazing free chaotic looking indicator recently. At first we thought it was a joke but after using it for a week or 2 we were absolutely amazed at the very powerful signals generated by this amazing indicator.
Hopefully you will get a better idea of the functionality by the time you have read this post. The indicator trades the 8 major currencies, although only 6 are shown above, the 360 degree forex trading indicator and ea. They are the USD, EUR, GBP, JPY, AUD, CHF, NZD, CAD. Each currency has a colour. You can set your own colour and line thickness. We have made the USD and JPY thicker than the others as those currencies drive the Forex market and have the most commonly tradable crosses.
What each line represents is the cumulative averaged momentum reading of a major currency compared with all the other major currencies. The momentum indicator is a basic indicator found on all MT4 platforms. So lets take the JPY as a major currency line on the chart.
The Indicator then goes away and collects the readings of the EURJPY, GBPJPY, AUDJPY, USDJPY, NZDJPY, CADJPY, CHFJPY relative to the JPY. It then adds up the relative momentum strength readings adjusted dependent on whether the JPY is the base or quoted currency of the JPY and averages them. These readings can either be Overbought, Oversold or between those readings. It does that for the other major currencies and plots those values on the indicator chart.
The chart invariably looks like spaghetti to the untrained eye hence the name. So we effectively have a chart of the relative momentum strength of each currency. Here is where the Magic starts. The trick is to find the most overbought currency and the most oversold currency. You then simply sell the overbought currency and buy the oversold currency and sooner or later one or both will normalise resulting in a tradable retracement Results vary based on timeframe and sensitivity settings used.
At this point an example might help clarify the process. We used a fast setting of 4 on a 1 hour timeframe the only variables use by the indicator. In the chart below the JPY was extremely overbought on the 12th of June. At the same time the GBP was extremely oversold. So it made sense to buy the GBPJPY — thereby buying the GBP and selling the JPY. As you can see this resulted in a the 360 degree forex trading indicator and ea pip trend.
Soon afterwards 14th of June the GBP was the most overbought currency and the JPY was the most oversold currency. So it made sense to sell the GBPJPY — thereby selling the GBP and buying the JPY.
This resulted in a great pip trend. Please note that these signals occurred on a candle that was where the price going in the opposite direction of the entry. So this is an extreme turning point indicator. In the meantime, there were other trading opportunities that presented themselves for other currencies on the chart below.
Can you spot those opportunities? Traders can decide if they want to use the indicator on the close of the candle or on current indicator readings. It would be good to start with the close of candle approach. Because you are trading the most oversold currency against the most overbought currency your chances of success are multiplied — as the 360 degree forex trading indicator and ea as that.
For the best start we would suggest you start with fast momentum settings 3 to 8 and longer term timeframes 1 hour to 4 hour. It is ideal for traders based in a the US — you only trade one currency at a time. High success rate. The indicator has basically 2 variables. You can vary the sensitivity levels The momentum period setting and the timeframe.
It is reasonably rule based — Sell the most overbought and buy the most oversold currency. It is easy and logical. This can be done on any timeframe — so it is good for scalpers and swing traders. You will catch turning points in the market at exactly the time they happen.
You only need to load the indicator on one chart. So you only have one chart per timeframe to monitor. You can trust the indicator readings and place the trade without reference to a chart. Please note this free indicator does not have alarms, notifications or email alerts. Just enlarge the indicator area so that the chart is hardly visible.
You can load the indicator on any currency cross as long as the timeframe is the one you want to monitor. Alternatively — if you want to see the charts display them as you normally do, the 360 degree forex trading indicator and ea. The Amazing Momentum Spaghetti indicator is freely available and immediately downloadable on the internet already. We have found it for you the download source does make this easy.
We have tested for you the download source does not do this. We have worked out how to make money using it the download source does not do this very well. We have educated you on how to use it. the download source does not do this very well. The 360 degree forex trading indicator and ea have given you some ideas on chart setups and settings the download source does not do this.
We offer email trading support that gives input of trading strategies the download source does not offer this. We have a number of other amazing indicators and EAs we are reviewing. These have no education support and are poorly promoted.
This means you may never get to know or experience these great Forex trading tools. Even if you find them you will not know how to use them properly. I have purchased and the indicator automatically installed onto my MT4 platform Tallinex but there are no lines drawn on the chart.
Can you confirm which MT4 platforms you have got this to work on correctly please? You must be logged in to post a comment. The Good Vibrations EA. The Trade-able RSI EA. The Divergence Finder EA. The Degree Forex Indicator. The DOUBLE in a Day EA. The Grid Trend Multiplier. Price halfway to trading target, the 360 degree forex trading indicator and ea. Competent Pre-release Forex MT4 EA Testers required Achieve a 1 percent Forex Drawdown all your EA trading and Forex techniques Your free Official Trading Magazine for Download April 17 Warning.
Forex EA Set files and default settings are very dangerous. The activities on this website will bring your attention to many Forex trading services, the 360 degree forex trading indicator and ea, products and tools.
Most of these products have not been used or bought by Money Making Forex Tools and therefore they are NOT recommendations. You are still required to do your own investigations as to the suitability of the various products and services.
We can also not vouch for the accuracy and authenticity of information provided by 3rd parties on this website. We merely are sharing information and making you aware of Forex trading tools that are available in the Forex market that may meet your Forex trading needs — whatever they may be. Also please note that Money Making Forex Tools is a commercial business and as such does earn income from most products and services advertised or promoted on this site.
Therefore the owners, management and staff on Money Making Forex Tools cannot be held responsible for any financial loss as result of you using any of the products on this website. Making Money from Forex Chaos using a free Indicator The Amazing Momentum Spaghetti Indicator Enter the market exactly at the time a turning point is happening Introduction A recent trend is to move to support and resistance based trading techniques using no indicators.
Aggregated and averaged Momentum readings The indicator trades the 8 major currencies, although only 6 are the 360 degree forex trading indicator and ea above. read on…. Making money out of chaos. An Example At this point an example might help clarify the process. We used a fast setting of 4 on a 1 hour timeframe the only variables use by the indicator In the chart below the JPY was extremely overbought on the 12th of June. Why this works Because you are trading the most oversold currency against the most overbought currency your chances of success are multiplied — as simple as that.
For the best start we would suggest you start with fast momentum settings 3 the 360 degree forex trading indicator and ea 8 and longer term timeframes 1 hour to 4 hour What makes this special It is ideal for traders based in a the US — you only trade one currency at a time. You can vary the sensitivity levels The momentum period setting and the timeframe It is reasonably rule based — Sell the most overbought and buy the most oversold currency. This can be done on any timeframe — so it is good for scalpers and swing traders You will catch turning points in the market at exactly the time they happen.
Ideal for beginners as the concept is simple You only need to load the indicator on one chart. Do you want to download the existing free indicator The Amazing Momentum Spaghetti indicator is freely available and immediately downloadable on the internet already. We have however added considerable value to this indicator for you:- We have found it for you the download source does make this easy We have tested for you the download source does not do this We have worked out how to make money using it the download source does not do this very well We have educated you on how to use it.
The 360 degree Forex trading indicator and EA - Find Forex trends easily. Automated market review.
, time: 4:24The Degree Forex Indicator, Forex trading charts, Demo Account
/12/21 · It simply does what it does and this EA makes money whether its ranging or blogger.com have got to follow very strict rules if you are to make money out of this EA. Any simple mistake can cost you. With , you can easily make every week as long as you stick to the simple rules /6/25 · The Divergence Finder EA The Degree Forex Indicator The DOUBLE in a Day EA The Grid Trend Multiplier The forex grid trading system is a trading strategy where expert advisors or traders generate pending buy and sell orders above and below the entry position. Forex grid strategy is averaging down method type of system which is based on successive trades with the final goal to reduce drawdown and increase position exposure when position follow the primary trend
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