in order to use this method one has to observe the charts the whole day. otherwise signals will be missed. i guess there are no alerts on mt4 that can be sent direct to ones mobile phone.
well, you may as well state here what your do;s and donts are, as iam not sure how to pm.
what is the stop used with this system ? there must be an emergency fixed stop.
two issues iam weary of using this system.
one - if 3 ducks line up, we enter trade at the break of the high/low prevailing at the time on the 5 min chart.
but, what if there is no high / low, i.e. price has been moving uniformingly without any highs/lows . where do we enter trade then ? at...
re occasions
yes, but there are many occasions when violet line is below zero and opposite to the green line, where if trade taken it would have gone the other way i.e. stopped out. as can be seen from your chart examples in post # 97.
how would you filter those bad trades ?
i still dont know how to use the fx correlator goldmeter. can someone help ?
do you wait for the violet line to go either side extreme, say if it goes above to the top. it reaches the peak, then you buy ?