Jenks:
No, SuperSignal is an indicator that is like the 3semafor but better in my opinion.
The xm7 indicator has the horizontal line feature built in. But if u want the separate indicator by itself please let me know so I can provide it on the website.
The SuperSignal (just like the 3semafor) basically does this:
Looks for the Highest High and Lowest Low of two periods you designate in the inputs.
So it takes the highest high of period p1 and highest high of period p2 and placed an x for one and a arrow for the other. So in effect you have a strong high for the combination of the two periods. I think rightnow they are at p1 = 20 bars and p2 = 140 bars.
It’s the same thing with the lowest low except of course the program is looking for those candle in that case.
Let me tell you a well known secret. “well know” LOL.
There is no security or accuracy in forex or trading :). There is only a higher probabilty and even that is not exact :). So when u ask if it is more accuracte in 15min I will answer with yes and no. Yes because price is the same on all time frames and no because there is nothing certain in forex. I tell you the day I learned not to look for “safer” or “accurate” in trading is the day my trading skills got better. The real answer is YOU. Once YOU see how YOU operate with micromanagement, observations, and how when u enter/exit the market then you will find many answers.
Sorry about the spill…
I recommend u read “money is my friend” Phil Laut. It is a short read, I like simple and short LOL.
Jars:
Are u referring to the xm7 signal for an entry on the 5min??
Be careful, ok. I recommend that you set the BarsTilAlert to 30 on the 5min. As you go up in timeframe extend that input. for example 10-12 on the 15 min. 4 on the 1H. It all depends on what u SEE on your charts. That is my observation.
now once u get a signal don’t just jump in. Draw a line at the spot where the entry was detected and then wait a bit. Wait to see if price retraces or if it breaks and continues. If it retraces wait to see if price returns to where u drew the line and if it cuts the line then take the entry. You can also place a STOP ORDER or a LIMIT ORDER. Make sure you have a good short SL, that way if u lose you a couple of pips. Keep doing this until u get the good entry. Initially, on the average you should have like 3-4 losses before you get a good signal. However, with more experience you will onle see 1-2 entries were u lose cause you will catch the reverses of the signals too :). all in all your gains will more than recover your losses. JUST BE PATIENT!
Dude:
I started one of my accounts with $200 and turned it into $8K in a month. No biggy others have done way better but the point is that it can be done. Just be consistent… So you are on your way.
BTW for those of u interested. Head on over to the website xmess7
I placed a new video showing how to use the xm7 indi on same bar 0 0 bias approach. This may be something u can integrate with this approach as well.
Perhaps further confirmation??
Have fun
Jess
Jado:
I just notice … that was one of the 1st indicators I combined xm7 with. Funny how things come around again LOL.
Now I challenge you guys. Take it a step further. Take all the indicators off and see if u can SEE the lines on the chart. I dare u to trade naked LOL.
