I've added a couple of extra videos to the Trader Training course that show every W5 that hit Target Zone 1 (TZ1) on: -
By carefully reviewing all the slides and noting: -
These videos are only available to traders who have signed up for the course (still free for owners of current eWH and ATM licences). You can get more information on the free forex trading course here, if you haven't signed up already.
That time of year is nearly upon us already - a time for family and celebration, regardless of your faith and beliefs; and a time to take a break from trading, As with every year that passes, this one seems to have passed by quicker than the last but I feel like a lot has been achieved, except for the fully-automated hands-off robot that I intend to complete as part of my New Year's resolutions; perhaps next year ...
As a thank-you for all your support this year, I've created a new indicator that I hope you'll find useful and am sharing for free. It's called the Snorm Indi Panel and is intended to provide an at-a-glance view of any signals that your favourite (compatible) indicator shows - it will only work with indicators that use the MetaTrader buffers; like the Auto trading mode of ATM; it won't work with eWavesHarmonics, for example, but I've got another plan for that.
Choose your reference indicator, tell the Indi Panel what buffers to use, set the symbols and colour options and you should get something like below ... (this shows two panels working together, for pin bars and engulfing bars).
The Indi Panel will check for indicator signals on all open charts - you don't need to load the reference indicator on to all the charts, if you don't want to. You can click on the chart name to open your chosen chart and select a timeframe to change all open charts to the same. Even if you don't want signals from reference indicators, you might find the easy chart and timeframe navigation to be useful.
There is a YouTube video that explains all the options and shows you how to set it up - just go to the free stuff page to view that and download the indicator; I've included a couple of reference indicators and templates, as per the picture, in the download file.
I wish you and yours a very merry Christmas and a most prosperous pip-filled 2018.
A number of people have reported problems with their MetaTrader on high-resolution monitors this week (e.g. on 4k screens), following a Windows 10 upgrade; buttons, in particular, don't display well.
The fix is quite simple (easier than my previous blog post on this subject): -
All should be good again :)
More info on scaling for high-DPI devices can be found on the MS website
Do you find it a bit of a chore to record all your trades in a journal?
Would you like an easy way to do it, or even have it done automatically for you?
Well, now you can with the Snorm Trade Logger - only available to owners of the Advance Trade Manager..
Version 1 is available for download from the ATM download page. I've done some quick testing with it but would welcome feedback and (reasonable) suggestions for improvement.
The Advanced Trade Manager (ATM) has had quite a significant upgrade this week: the ‘swing’ lines can now be moved to your chosen price levels, for entries and stops; you can even use them for limit orders. Just move the swing line and it will change from dashed to solid, telling the program to not auto-adjust when new swings are formed. ATM will automatically calculate your position size on the manual swing levels and perform the required trade action when price hits that level.
eWavesHarmonics (eWH) has benefited from quite a few enhancements, since the last release, including: -
The upgrades for ATM and eWH are available to download now, from their installation pages. More upgrades on both products are planned soon; there are lots of ideas brewing.
The ‘Trader Training’ course is still available for free, to anyone with both eWH and ATM licences. If you have gone through the course material, I hope you got that terrific 100 pip W4 TLB trade on GBPUSD H1 on Wednesday, all the way to TZ1. If you missed the first chance, price gave you a second opportunity the next day when it tested the original entry level with an MTLB (and that’s why we don’t move our stops until the entry has been tested).
After the question of "Does your indicator repaint?", the next favourite question that I'm asked far too often is: "Does your indicator work on all timeframes?"
I wrote a blog post about the repaint question - you can read it here:
As for the timeframe question, I've taken some recent chart examples to demonstrate eWavesHarmonics in action. Anyone who has done the free trader training course will know why you would have bought or sold where shown. I've left the automatically-plotted target zones 1 and 2 on the charts but have removed the auto-trendlines, supply and demand zones etc.
Can you tell what the timeframes are?
Snorm trades only with GKFX and has no hesitation in recommending them, for tight fixed spreads and quick execution (even during NFP, from personal experience).
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