Forex Indicator Basics (With a Bonus)
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Hey Vp… I love these vids… but it got me thinking… if Big Banks can manipulate currency markets does that mean they also manipulate indicies too? And if so would the same no nonsense mentality benefit one who also trades indices?
Thank you so much. Watching it one by one. Digesting it.
Very good work
Helps alot.
Quick tip on MT4 if you press Ctrl + D you can open up the Data window and then just hover over the candle and the ATR value will be displayed there, for me it just seems easier to read
What if the candle is half complete?
what was the bonus?
Hello
Any one to share indicator plzz am loving to watch this
What is a good accuracy % to shoot for when backtesting confirmation indicators?
If the main confirm indicator gives a signal & others don't, then the next day the #2 confirmation indicator gives a signal, but the baseline & volume don't. Then on the 3rd day the volume indicator signals go, but the baseline is still no go and on the 4th day the baseline is finally a go so that all the indicators are positive. Is it still ok to take the trade if the main conf. indicator's signal is 4 days old?
My brother has been trading Elliot wave for years with very poor results but he will not give up on this system he has invested so much time into it. I have been trading a demo account for six months using indicators the V P way and getting much better results, And I am a novice trader.
its as if my Brother has an Emotional attachment to this theory, VP is spot on
New on street but seeking for quick dm service for more information
THANKS FOR YOUR REPLY. SO YOU STILL STRONGLY SUGGEST NOT TO USE THEM ? WILL THE SAME BE YOUR REPLY ON INDICES AND COMMODITIES ??
LOT OF PEOPLE HAVE ASKED THE SAME QUESTION AS I DID. WHY YOU HAVE THE INDICATORS ON YOUR CHARTS WHICH SAY NEVER TO USE ?? THE PART OF THE DIRTY DOZEN. BUT YOU HAVE THEM ON YOUR CHARTS ???
Hi VP,
I am learning to trade pro for sometime now. Read many books and study the markets everyday. Your podcast and videos are the best and very honest compere to other people.
Well done to you for sharing these real lessons and i am a big follower of yours.
ALL I WANT TO ASK IS;
IF RSI AND STOCHASTIC ARE NEVER TO BE USED. THEN WHY YOU HAVE IT ON YOUR CHARTS ??
I am sure you will explain.
Thanks
Hi VP Thanks for the email: I was so encouraged getting that video and the link which pointed in the right direction: It is 4 am in the morning I just had to do some testing on at lest one pair: I have just finished and cant wait to try the Volume Indicator out with my Algorithm on the Demo to make sure it is going to work well with the rest of my indicators: Appreciate it thanks again I will let you know how it goes. I am loving your video's and your practical how to, no nonsense approach.
P.S – sorry for you and those “Nitt-pickers “ mate , but they made me laugh … in fact often get a few chuckles from your side comments 😁.
Bit of humor always help the journey too . Cheers 😉👍
Just so straight forward, easy to comprehend , with basic “Tradesmen “ like language…. WTF! 😉👍
Aaaand ,,, my account is showing the results … BTW… the Volume vid. as far as “ saving the losses/ bank account. has definitely been my biggest leap forward.
Thanks 🙏 very much VP.
You’re a legend m8t.👍
I freaking love this channel . . . You ROCK m/ !
Is there anyway to do a replay of a pair of a given time? Instead of back testing it this way (9:22)- as you've shown, but show how the indicator reacts on a certain day before to see how it'll react before a reversal. I'm finding some indicators I would like to use but I'm unsure of the track record while in play.
I was thinking about using OBS and recording how an indicator works over time in real time.
I cant believe how many questions this video cleared up for me! Thanks for what you do VP! keep up the good work, you are awesome!
No Nonsense can you confirm you do not like RSI for stocks and crypto as well? I know chart guys is incredibly succesfful using it to play oversold bounces, and he scales out quickly into profits and then usually a tight protective stop. often making nothing but putting himself in risk free positions to capture a lot of upside. Thanks bro!! I didnt think I would find anyone more valueable than chart guys but holy shit!!! this is better than college! When I am rich I will send you some tips!!
this is so hard. first of all i am absolute moron and i learned English not so long ago but i just don't want to give up. i am losing my sleep haha. absolutely hate my current job(Uber/Lyft). this could be only way out. also i am reading ray dalio principles (finished Jocko willink) . i wish there was nononsenseforex support group. i am doing terrible job. but hey i am glad I found you thanks VP
can someone help me find the confirmation indicator and exit indicator? I searched all the videos and cannot find it…
Very basic, but very necessary and appreciated
Very good video. Thank you
THANK YOU VP. I HAVE LEARNED SO MUCH WATCHING YOUR VIDEOS. I've been here with you since the very beginning of my forex journey and your youtube channel, and while I've been trying to absorb the information, today I actually implemented your advice and teachings, and everything suddenly clicked…. I'm excited to refine my very own algorithm and backtest!!!! thank you thank you thank you!
100% best indicator ATR 100%
hey i checked out your indicator finder website does it work on mt4
Great info as always VP !!