Help with indicators in MT4
First off I would like to offer a genuine & heartfelt WELL DONE to "maurizio" and the many other contributors to this thread. As a "newbie" to both Forex and BabyPips it is great to find what is obviously a free, simple, profitable method. I have read through all the posts and I have gone through the eBook and am ready to demo the method. Before I get myself "bloodied" I would like to check that I have my settings correct. I would hate to start demo'ing with one or two hands tied behind my back!
I am using Alpari (UK) and MT4 platform. Are there any MT4 users who can check my settings and put me right if I am wrong?
EMA's 1 & 5 (close) - OK
Bollinger Bands - I am not sure about the settings. I have Period = 14, Shift = 3, Deviations = 3, Apply to = Close. I have nothing entered in the Levels tab. Are these settings correct?
Slow Stoch - I have installed the Stochastic Oscillator and the entry on the chart says: Stoch(14,3,3). It doesn't say "Slow". In the Parameters tab I have the following: %K period = 14, %D period = 3, Slowing = 3, Price field = Close/Close, MA method = Simple. In the Levels tab I have 20 & 80. Are these settings correct?
I look forward to receiving any help with these settings and then embarking on the "learning process".
Cheers
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