Main Chart
5m Entry/Exit
Main Chart - After Exit
Regards,
Muthu.
Chennai.
India.
nice one rick, we need some bad trades
post count 50
Hi,
Yes with a sharply pointing bollinger bands and several candles walking along the upper bb, it was a risky trade to take. It is interesting to look at the piercing pattern at the bottom of the bands before they started to take their direction north.
Regards,
Muthu.
5m Entry/Exit
Hi Muthu,
what software are you using for your chart pictures?
regards
Simon
Hi Simon,
Sorry for the delayed reply. Just came back from a hard day’s work. I use MS Paint and store them as GIF files (Takes very less space per image as compared to BMP and JPEG files) and use Photobucket to upload pictures. If you are not sure how to use it. Please look in to page 51 of JoCT Part 2 thread. Few pages back, DodgeV83 has posted a link to the same.
Happy New Year !
Regards,
Muthu.
Chennai.
India.
Well having gone live i can say this method really is the ****! My problems is the 30 minute tf:mad: it so bad i find myself looking at the 15tf m which Tymen didnt recommend? i Wish metatrader had the 20m tf! The 1H works really good tho 
Hi Loppan,
There is a custom made file for metatrader called P4L period converter. With this file you can make your own timeframes in metatrader.
Thanks Muthu,
I was using image shack but I didn’t like that software too much. I’ll try Photobucket.
regards
Simon
Hi Simon,
Yes feel free to use Photobucket. Its very simple and easy to use.
Regards,
Muthu.
Hi
The minimum time frame we can use to trade this method is 20m and you can use period convertor to get time frames from 20m to 55m in MT4.
Regards,
Muthu.