RSI mt4

terry750nz posted:
Hi,
Looks interesting. Good for you, but still miss my point- entry is the least important part of success IMHO. Once I got passed that barrier, consistency came. Anything with an edge will work when the rest of the plan is in place. I hope your trading goes well.
Terry

 Entry is the most important part of trading if yours trading system has very good entry then even with random exit your trading system will be profitable but I agree with you on other points.

LongVision posted:

terry750nz posted:
Hi,
Looks interesting. Good for you, but still miss my point- entry is the least important part of success IMHO. Once I got passed that barrier, consistency came. Anything with an edge will work when the rest of the plan is in place. I hope your trading goes well.
Terry

 Entry is the most important part of trading if yours trading system has very good entry then even with random exit your trading system will be profitable but I agree with you on other points.

Of course, entry is important and this is why, I consider the support/resistant levels the most because of getting quality entry point.

Hi,
you have to understand why and how price is changing in order to trade. what is the most influential factor of price changes is momentum. without momentum there is no price movements. If you use momentum to your advantage you will become successful.
This is I am using my technique JP SPECTRUM in real time RSI. You can see incoming changes ahead of price changes. You can see SR levels that you will not be able to see just by looking on the price chart. divergence and reversal signals, trend direction confirmation. formations that you can not see on the price charts and many more functions that gives you THE EDGE in trading.
 

cheers,
Jim

jimmycdn posted:
Hi,
you have to understand why and how price is changing in order to trade. what is the most influential factor of price changes is momentum. without momentum there is no price movements. If you use momentum to your advantage you will become successful.
This is I am using my technique JP SPECTRUM in real time RSI. You can see incoming changes ahead of price changes. You can see SR levels that you will not be able to see just by looking on the price chart. divergence and reversal signals, trend direction confirmation. formations that you can not see on the price charts and many more functions that gives you THE EDGE in trading.
 

cheers,
Jim

What is JP Spectrum? Any technical tool or anything else?

Hi,
JP SPECTRUM is my technique for momentum analysis based on RSI. I designed eight years ago, and tested for the passed few year. Finally this year in January was presented to the public. In previous comment I mention few functions available to the user. there is a lot more information that you will get from that technique.

cheers,
Jim

jimmycdn posted:
Hi,
JP SPECTRUM is my technique for momentum analysis based on RSI. I designed eight years ago, and tested for the passed few year. Finally this year in January was presented to the public. In previous comment I mention few functions available to the user. there is a lot more information that you will get from that technique.

cheers,
Jim

Hello to the public means? Where is the link? Thanks in advance.

AniLorak posted:


Hello to the public means? Where is the link? Thanks in advance.

Hi
JP SPECTRUM was used for almost 10 years by group of 5 people. Since January 2018 is available as a paid training video. My apology or any confusion.

cheers,
Jim

Morning,
JP Spectrum is NOT a System. It is tool to do precise Momentum analysis. The best technique “JP SPECTRUM” verifies Divergences and Momentum Reversal Signals, confirms Current Trend Direction, indicates incoming Swing Turn Points, Special SR Points, Price Targeting, Special Formations and many more not available in any oscillators. You can use with any system or any strategy.

Did you see anyone publishing results from using Candlesticks, MACD, Stochastic, RSI or Moving Averages?

cheers,
Jim

Add the RSI 14 with levels 15-20-25 and 75-80-85 use the 5 min,chart zoom out and look at historical data on what price does when coming between 80-85 and 15-20 it reverses 80-90% of the time use a stoploss of 25 and target of 10 pips dont use more than 1/3 of lotsize because you might have too average in 10-20% of the time to avoid any losses at all..only open possisions on open of new candle and dont awrage in more than 3 times after aweraging in set the stop on new possisions at the same place as your fist 25 pips stop and increase TP too 15 pips on last open possision after aweraging in...There you have a winning system you will have a loss eventually but there will be very long time between them this will profit i can guarantie that have traded this way for years,,,You should use a tradingpanel too set sl and TP quick and easy there is one free on mql5 page that i use..