Hi CryAgony, how did u find divergence from the first 3 (i.e. AJ, AN and AU)? Care to explain? Coz i cant see it from the first 3. thanks
Hi CryAgony, you may be right about incorporating price action as well. Wat do u think about using the fib sweet spot as another confirmatory indi?
Technical analysis when done properly is ahead of fundamentals, so news will move in predetermined direction, althoguht itās ofc needed to keep an eye on it, as we are not always right
Iāll post one of the 3 examples edited, hope it helps:
There are many many tools you can use (fibo, gann, pivot, trinity, figures etc etc), tho when it comes down to considering daily high and low i prefer trinity levels compared to autofibo
Cheers
niceā¦
But still, the repainting is killin meā¦
Hi CryAgony,
May I know where or perhaps if you can provide me the link for downloading the indicator that you have for your chart āMarketFlowā?
are you still using this system cryagony? how has it been the last couple of weeks? i abandoned this system as i did not seem to work out for me after two weeks or so using it. iām back at using the general movement of the polynomial approximation curves for market direction and possible high probability entry levels, but i donāt use it on its own anymore. just some addition to what iām looking at right now
edit: and btw, how exactly do you use the market flow indicator? if you look at the H1 chart with for a buy with the system for example, what does the market flow indi need to say for you? H4 up?
Yes I still use it, in conjuction with other tools and āgeneral pictureā analysis as always. Iām having exams at moment, so not trading at all thoā¦
Market flow tells you the fractal break, if on upside, mkt flow is up, if on the downside, mkt flow is down. I dont trade against higher TF flow, it essentialyl gives me the bias
Hope it helps!
Anyone tested this on 1 minute charts? what are the results when take profit @ the blue line?
Thanks in advance
In one word - BAD.
Repainting and spread that needs to be conquered makes it nearly impossible.
Trade like the proās and up that time frame
Cheerz!
COG is designed for H4. Using it ALONE and with standard settings on M1 is a disaster. Although with other indies and different settings, it can give out a good view of the market
Cheers
Thanks, i will test it on M5 like alot of people have done when the market opens later tonight. This system is proberly the most promising system i have come accross. It really is the only system where 9/10 of the reviews have been possitive yet its such a simple system. Thanks for posting.
How about the H1, it should be alright trading with the system on H1 right, or is it much more better in H4?
H1 is also good
M5 aināt good too by the way fn1 - stick to h1 and higher with THIS kind of settings and setup
Cheers
Is appears that the system failed today at 13:00 GMT on EUR/USD.
Price was in the red zone but blasted through it to reach a significant high. This even though a short move would have been in line with the daily trend.
Since it hit at 9:00 EST, maybe there was news I wasnāt aware of though.
Also, there was a clear pattern of regular bullish divergence when the price pattern was compared to the MBFX Timing Indicator.
The huge move up in last 18 hours was cause by the summit in Europe
Anyway there was not an oportunity to short here (not yet at least) cos there is no bearish divergence and cos timing lined indi is still green
Thank you for posting,
Cry
Iām red/green color blind. How do you change the timing indicator so that the green lines are yellow? I did the right-click on it and then tried to edit the indicatorās properties, but it only lists āblackā under the colorsā¦unlike most indicators.
When you have the indie on the charts already
chartā>indicator list -->mbfx timingā> colours tab
Let me know
Cry
This looks like a fantastic system. Can everyone please post your results everyday