mctrade wrote:Apprentice wrote:Can you share your parameters used.
Use print screen.
Hello Apprentice,
here`s a print screen of the USD/JPY pair.It shows the monthly classic pivot points of the TS2 indicator and the correct monthly pivot point on the daily timeframe.So all pivots of the indicator are completely wrong.The same is with monthly pivots on other timeframes for USD/JPY and also on other forex pairs.
Can you please check this indicator?
Best Regards,
mctrade.
hello there its benben here are the parameters
hello
can u please help me to create a great pivot indicator?
i have some parameters if u can help me or anybody--------
1. open pos on a candle close above or below pivot
2.choose timeframe for the candle
3.one per day(yes-no)
4.1 per side(yes-no)
5.option to trade the opposite direction if the candle touched the pivot but didnt cross it the other way
6.allow side(long-short
7.stops and limts options to choose(in pips)
8.option to choose the size of the lot(from 1k and up)
9.option to choose how many lots to use
10.and most importand- option to make the strategy to use always 2 lots each trade with targets R1 and R2 for longs and targets S1 and S2 for shorts.......
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well thats alot i know but thats all in my mind , i think that way of targets and limits and stops will make anybosy trade better with better results
hope u can help me out here and im sure alot of others
thanks alot ben