Forex Indicator Basics (With a Bonus)

[@danielmass2florida848]

I just got done watching all your videos on KZbin for the second time in the past week and a half, in the order that you uploaded them, I'm getting ready to start my third round and to read the corresponding blogs that go with the videos with pen and paper in hand to take notes and to write out my trading plan and fine-tune an algorithm as you reveal more things to me. I want to thank you for helping me and anybody else out there that is smart enough to listen and put your teachings into practice. I already made a trade this week on my demo account and so far it is working out rather well.I can finally see light in the forex tunnel, looking forward to the day when I can see light at the end of the tunnel. Thanks again!

[@jaswik2023]

There is one thing though test this with observation because even if you took all the information it still won't help without demoing

[@thomasneit880]

Nice one Bro! good luck!

[@saywhat4229]

hows the account going brother?

[@rafaelmalate7938]

update us please :D

[@TheZeoStorm]

Curious as well man, update us when you can

[@joshuareid9808]

Absolutely the best Forex Podcast/Lessons around. Listen to this man people he is absolutely correct!

[@Darthrtrader]

At first when I found your channel, I was very intimidated with the thought of having to do research all myself instead of just paying you to give me the answers. But, as I am working through the videos and actually researching and starting to test indicators in MT4, I am looking forward to taking the time to learn about, not only the correct way to find my own algorithm, but the anticipation of continuing to add to the knowledge week after week. I feel that by you teaching it this way and me following along step by step, I will eventually find my own way to a successful Forex trading system that will bear fruit for the rest of my life and be a lasting change to my finances, and my families future. Thank you VP.

[@davidculhane5038]

Agreed 100%

[@jackyu1143]

VP's videos are addictive!

[@drstrange3456]

Hey man i'm curious to know how trading has been so far for you

[@mekshot.]

how do test indicators on mt4, I use trading view is there a way u could clarify that to me because on all the indicators websites, they're mainly for mt4

[@sivakumarkandasamy8828]

VP, the two things (ATR & Money management) changed me into profitable trader..

[@tedwilson3281]

My first experience w/No Nonsense Forex, have had much training and these methods are valuable and unique as a first impression.

[@lilyneutral6762]

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!

[@badragoumi7367]

I'm a purely fundamental driven , but I can say with great insurance that your channel is by far the best concerning forex , what I like most is the way you put things together( sexy as you say ) ... in a logical process which is so consistent with what I do , I've always got problems entering and exiting trade but its progressing now . thanks VP

[@ciphergaming2218]

I've been so fucked up in Forex trading for five years until I found this channel. You're extremely legit VP. Much respect from Pakistan.

[@AshleyTyagi]

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

[@vincentriley3698]

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.👍

[@andresoviedo929]

Im watching every single video from this channel and I’m so grateful I found you dude !!!

[@johnbrennan7175]

The very best and most powerful indicator I have personally come across is the Ichimoku Cloud indicator. It takes a while to understand how it works but once you do, you will never look back.

[@zakariyanur5428]

Thank you 😊

[@r3zamr]

LOVE YOU BRO !! I'm following your content one by one and it is mind blowing. Thank you!

[@Aiva33aiva]

"if we're RSI traders, we're broke..." Quote of the year:D

[@dougcharles6845]

I'm the guy who kept hitting the reset button!! All this information changes everything! Thx VP.

[@christianalfaro1569]

" If i was a stochastic trader i would be broke", man i almost died of laugh xD

[@hosseinzarbatie6189]

at 4:39 he says the atr is 158 but it actually is 1586. Could you explain it to me?

[@TheInfnity]

GBPCAD is 0.1234,5 only use up to 4th numeral after decimal, but when Japanese Yen involved, then it is 0.12,3 only use up to 2nd numeral after decimal point. So, with 0.01586 , as it does not involve a Yen, we use up to 4th decimal ONLY, which is correct as 158. What VP talks about here, the ATR, is an extremely valuable 'tool', it is better than gold, hang in here, just hang in, you will get there, but you must hang in here, 'till you get it, then you will always have it! I'm preaching to myself here. Watch everything VP says, and writes, you must watch everything, and do as he recommends. 'Go get it'-VP. Google: 'forex decimal places' All the best.

[@johanneslaudi6184]

@@hosseinzarbatie6189 That 4th digit is like the pip "decimal"

[@bmd7078]

@@hosseinzarbatie6189 atr is 158,6

[@MrJonathanRB]

VP I'm not sure why you have been helping us here, but I'm sure you don't know how much I love you dude, hehehe, THANKS A LOT

[@fishertheadore6095]

*NO HOMO* Bro

[@danatarnowski5806]

I have stumbled on this site 2 days ago. And guess what, all my charts are naked already. No garbage and confusion. We the followers of this site have a lot to thank VP. for. We all need to put some hard work and time to build our strategy so that it works just for you and you alone. Just imagine if VP. gave us his system and all of us use it at the same time "The Big Brother" would soon find out. So keep searching. Thank you

[@jessicahallqvist2618]

I love to follow your videos, I learn a lot as I study forex no tutor but with these video I learn,,thank you

[@iimJacKaL]

I still have to finish most of the TA playlist + remaining core concepts & podcasts (as stated in the beginners video) but I’ve done some work already and found two indicators which work perfect together ! Gonna finish everything first before I start testing to make sure I don’t miss anything, but to be honest I can’t wait to demo trade for at least 6 months and see if it works

[@gemwalburg46]

Thats great news VP, i was a little confused on how to do go thru the pairs quickly. And even worse, I would go and even if the "get in" signal had been triggered a few days ago I would still think "Oh, maybe I can still get in the trade because the candles were still going up in a nice uptrend for example and I would enter the trade just because my exit indicator had not been hit yet so I am glad that you cleared that up for me....thank you very much.

[@Newlyvidz]

Thanks Champ for sharing great stuff, I have been testing many indicators since mid 2013 but haven't got one which I can call CONFIRMATION indicator but i am hopeful that with the help of your channel I will get there very soon. PEACE

[@sufiansaid2854]

Great video this. One of the best moment was "if i was a stochastics trader, I would be broke" LOL

[@weaselmcweaselson1543]

i laughed out loud when he said it :D

[@zacchaeusisrael3466]

I’m here on the greatest forex channel 😍😍😍

[@Chingchanghanji]

This was a great vid VP. Thank you. Haven’t missed an episode. You are creating a very tight group. Love your work. Keep it up. I have only backtested 10 confirmation indicators so far. You are a champion test over 2000. 🙏

[@Chingchanghanji]

Also VP. Don’t know if you know but the Aroon up and down indicator is now being sold for $100 USD. The developer must watch your Channel also.

[@po.russki]

Joel Donaldson what how?! Can’t you just download it for free still?

[@Chingchanghanji]

Maybe somewhere it could be free. But the on the mql5.com site it is $100 USD. I couldn’t find it in the free indicators so I did a search and it’s in the paid section. I will try to google it today to see if I can find it anywhere else free. Haven’t had any time to try to find it.

[@Chingchanghanji]

Thank you for the link. Much appreciated.

[@gjrenouf6314]

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.

[@Stevek-ce7md]

You are a star,great video again.

[@jeffwhite6267]

I've just joined the subscription to your channel, VP. Great content, thank you for sharing. My algorithm contains some of your dirty dozen indicators (stoch, etc), so I'm interested to see how this progresses. Enjoying your information mate!

[@dimitarminchev7520]

Hello VP and thank you for your latest video! You have mentioned earlier that you are a trend follower and you trade only in existing trends(if I have understood right).Would you please make a video how you choose,evaluate and understand when a new trend is coming(or already in place)?? Thanks in advance

[@epidot4520]

I think the algorythm is something like this 1 ) ATR - Projecting Target level 2 ) MACD (Probably not used by VP) - Entry 3 ) Volume - Entry 4 ) Trading Strong vs Weak Currency - Pair Choice 5 ) No idea... 6 ) Heiken Ashi (Probably not used by VP) Exit

[@caladox4643]

Thank you VP this video is very helpful,, I mean to clarify these points. Sometimes the details are so important.

[@jpclbasic]

Hi VP. Great series. Studied your vids and pods the whole weekend. Here's my take on your algo so far: 1. ATR 2. ?? 3. Trend Confirmation Indicator 4. Trend Continuation Indicator 5. Trailing Stop Indicator 6. Exit Indicator Still missing #2.

[@Mrcool179]

Fume go check out his newest beginner video and grind! No ones gonna help you if you dont put in the work! Good luck! Also JP, that definitely sounds right!

[@lawyer-nj1lw]

Hi, I have been studying VP also. This is the algorithm that I am backtesting. 1. ATR 2. SMA (20 and 50) i.e. 20 above 50 for buy signal and 20 below 50 for sell signal 3. Trend confirmation indicator (50 day break out i.e. price CLOSES above high of last 50 candles for buy and price CLOSES below low of last 50 candles for sell). 4. Trade Entry (Scaling - using the method VP taught in his scaling video to minimise losses) 5. Trend continuation indicator (i.e. pyramiding trades, i'm experimenting with MACD- VP demonstrated this on his previous video) 6. Trailing stop (exit indicator for me, I use ATR) I have been backtesting with very good success.

[@OptionsTradingChannel]

@@lawyer-nj1lw He doesn't use SMA or the MACD....

[@lawyer-nj1lw]

@@OptionsTradingChannel Hi, the SMA is part of the algorithm that I have developed. If you watch VP's MACD indicator video, he explains how it can be used to confirm trend continuation. He does say that he personally uses something else, but he explains that it does work. I tried backtesting using the MACD for my second entries (to pyramid on to trades), and it has been successful.

[@francisco.solidtrading]

Volume Indicator

[@RandomRahim]

LESGO! Perfect and thank you again. Been reading the ATR wrong all this time.

[@osamashahid237]

DUDE, I swear your channel literally hit 1k like last week and now you're almost at 4K. The channel is growing fast.

[@kakaboo]

well someone posted his link on forex reddit last week and probably some other forex related websites that get a lot of traffic. Thats how I found his site and his channel.

[@Mrcool179]

10k!

[@theforexcodes8133]

kakaboo Thanks for the tip on Reddit😉

[@bader9205]

40k lool

[@pmi74m]

63k

[@sergeinyr]

Excellent video. Can you allude to the type of indicator we’re looking for as confirmation? Thank you

[@NoNonsenseForex]

Watch the Trend Indicators video. I added it on the endscreen.

[@tether23]

@@NoNonsenseForex So it was MACD this whole time, who would've thought

[@vestinaercimiene4787]

100% best indicator ATR 100%

[@KickGiggles]

Thank you so much. Watching it one by one. Digesting it.

[@diacodrone]

Thanks for all podcast and video

[@simenandreasknudsen9272]

Hi buddy thanks for the video. You always tell us what not the do, but what should we you do? What is your confirmation indicator?

[@Year9FX]

Would be amazing if he did

[@cheeweefoo4590]

as a beginner,never trade more than 3 pairs...also it depends on your account size.. learn to create your own strategy n concept.. test it your self... remember, your chart is your best teacher... i always say,what works for one may not work for others..very psychological... i never believe in indicators ,only in price action ..price first before anything else. trade on the daily chart..draw the buyer n seller zone...go the the 1 hour chart for good entry...take your profits after market create a breach or we so call range,than re-enter again to sell or buy as u follow the trend accordingly. its very simple n easily understood... practice make progress...

[@pegazuz1977]

awesome. going through the videos. love it.

[@martinguillersicsiciii173]

Hey VP! I'll use your intro music as my ringtone. okay thanks!

[@AutumnWindNation3]

great video, very informative. you dropped major nuggets.

[@KriMi68]

VP, thanks for all your advices with Your Vids, PC's and Blogpost. It took me only to weeks to read and listen and watch them. Now I'm up to date in the series. I already took Profit out of your advices. With Backtesting I realized, what a real Crap all my used and trusted indicators were.... :D. .... I got rid of them! Reduced my losses *ggg*.... It has a little bit of get rid of bad habits in all kinds of every day life... Sorry for my bad English

[@NoNonsenseForex]

This is exactly how it's done, people.

[@MoheTheDreamy]

Thank you so much VP for this amazing videos. I have a question, as a day trader if your trades didn't reach where you think they're gonna reach by the end of the day, do you keep them open still with stop loss and take profit or do you close them regardlessly whether you are winning or losing and regardless of the trade potential?

[@lucapuzzoli8363]

Thank you Vp every video is dope 👍🔥

[@tullochgorum6323]

If you trade time-based candles, you absolutely need to use the ATR correctly to normalise the risk of your trade, as he is advising. But you can avoid this whole complication by using a price-based candle such as traditional Renko, where each candle is the same size. And because so few traders use price based charts, you get a different view of the market than a candle trader, which helps to avoid bank manipulation. Just saying...

[@tyronejohnson77]

Very basic, but very necessary and appreciated

[@jayrosa2188]

Your background music sounded like chat with traders (another youtube channel i really love)

[@timothyjones7873]

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

[@rayern1982]

I have gone through most materials from your channel - core concepts, money management, technical analysis and podcast. One thing I noticed, certain topics are being repeated in the multiple playlists. I dont want to miss any topic but chances I might missed them when I skip over topics that were repeated from another playlist. Its good that things are being repeated to get things into the head but they are kinda slow me down.

[@rashawnburgess6370]

GREAT VIDEO . NEWBIE HERE. 2ND TIME AROUND IT IS MORE UNDERSTOOD.

[@KamoMokoena.]

simplicity always win

[@philcompton8259]

Thank you for another informative video! As far as daily time frame goes, I know you look at the charts and place your trades around 2 pm Pacific standard time. If that time can't work for me (due to my job), is there another time you would recommend to help create the highest probability of winning trades? Thank you for your guidance

[@NoNonsenseForex]

You're gonna love Monday's podcast episode.

[@philcompton8259]

Thank you! Just got finished listening to it. Makes perfect sense now - Have a great day!

[@justgjt]

I freaking love this channel . . . You ROCK \m/ !

[@mybabyfhor9264]

I'm Excited!

[@vincentriley3698]

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 😉👍

[@johnathangrey3463]

Niiiicccce. A rain baby. Learning to read like rain man.

[@jamessharpe1717]

Hey man, great channel watched a couple of hours so far, do you cover everything needed to trade just from your free videos or is any basic, foundation or other knowledge needed?

[@por911man]

Hi VP, I have started watching your videos and like them. So I subscribed and am looking forward to watching more videos. It seems like your preference is to trade on the daily timeframe. Do you place a stop loss on these trades to mitigate the risk of the trade going in the opposite direction overnight? If so, what would you recommend for the stop loss? Thanks.

[@JohnSmith-gp4kj]

His SL is 1.5 ATR, watch all the videos, he answers this in money management playlist I’m assuming

[@hapivibe8341]

COME ON 200k! GO GET IT!

[@the-iconic-reviewer]

Indicators are wonderful and a mechanical trading system is far superior to randomly pressing keys but at the end of the day it's all about Money Management and Trade Psychology. VP even acknowledges that. We are all getting so caught up in finding that magical combination of indicators but once everything is said and done, you'll end up with a system that basically has 50/50 predictive ability. So don't be so caught up with backtesting and forward testing because you'll succumb to confirmation bias when you curve fit and overfit your indicators to historical data. They will look lovely when you backtest but all fall apart when you forward test and you'll end up driving yourself nuts and chasing more indicators. Don't do it. The magic combination does NOT exist. The purpose of the mechanical system is to teach you discipline and make you super selective. That in itself is worth its weight in gold, regardless of the indicators you end up with. And having a system (whether it's one like VPs or a coin toss system), sticking to it and minimizing your losses is what will separate you from the 99%. Personally I'm in the process of testing indicators and I've come to the conclusion that there is no one size fits all set that can work in all market conditions for all currencies. You need to account for other variables like $EVZ, currency relative strength/weakness and a few others to get something that might give you even a microscopic edge over 50/50. At the end of the day I think you need several algorithms and understand how to apply them to which currencies under what conditions. The rabbit hole just keeps getting deeper and deeper. Maybe I'll just go with a coin toss system...

[@williampennington7949]

Great info as always VP !!

[@monrayl]

"if I was a stochastics trader, I would be broke...." lol

[@bora6868]

Thank you for these informative videos. English is not my native language but i guess when you refer to a "confirmation indicator" you mean the one giving you the signal to enter a trade right? Not some indicator confirming it?

[@SSEnrich]

I would like to join this "camp". I like the style of VP. The trend lines, support/resistance bs others do seems too simple to me. However I need to test all these other ways to verify for myself that what others do is as useless as VP says.

[@zoeykei9983]

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?

[@joshuapierre4661]

is it safe to jump in and trade right before the candle closes on all markets?

[@anythinggoes4763]

I check on the charts a bit different... I look at the volume/volatility indicator first... if the pair doesn't have enough volume or volatility... I move on to the next pair... if it has enough volume/volatility... then that's the time I look on my first confirmation indicator...

[@BryceCoryea]

what is everyones favorite conformation indicator? don't ever want to miss out on anything! comment below!!

[@scoringdigitsson.5194]

below!!

[@zahirali1095]

Amazing technique for time saving

[@johnbrennan7175]

The "Primary" indicators that work for me are:- Fractals and Hull Moving Average together with the ATR. For confirmation, I use RSI with just a 50 level cross and/or ADX

[@bestlty]

shhh hull is my secret weapon

[@El1teMot1vation]

Bro I love and respecr your hard work and dedication to teach us the real deal forex trading but common dude why are you not letting us know what the "good" indicators are? the ones that are actually accurate ??

[@NoNonsenseForex]

Because you're not far enough into the videos yet.

[@bdemagall]

Hey Vp... Love The vids. Question, what are your thoughts on Nadex Binaries and can these concepts throughout be applied?

[@NoNonsenseForex]

Very near future podcast episode discussing that

[@unminutodefama]

you said you read the candle before close 20 minutes before de market close and do you place your order for the last 20 minutes left for that day or you place an order for the next day, i am confused could you clarify. Thanks by the way I love your videos.

[@enikfekr]

Hi VP I have listened to what you say here which makes sense, but there is something that has been bugging me all along! Before I elaborate further allow me to introduce myself first. I, like you, started researching FX market/ trading since early 2009 shortly after the 2008 credit/market crunch. I really got hooked with the theory of Forex trading and research it the way a scientist might do. I studied the market for 7-8 years, tested multiple systems/strategies, algorithms, on back testing, demo testing, social trading and real accounts. I used real micro-lot accounts each worth no more than £500-1000 through different brokers. I studies many different brokers to find the most descent and reputable ones in the UK. My findings is 100% in keeping with what you stated in the "big banks" video. But what I am surprised about is that you do not tell your follower they have no chance of winning as retail traders, absolutely 0 chance! Instead you have started to sell them hope that you find a holy grail "algorithm" that you profitably use and will not giving it away under no circumstances! I see a time that will come and you would tell others that due to subscribers’ demand you would be willing to put it up for limited sale!! And would renew that limited edition over and over again due to further request and so on!! The truth is that this market is rigged by Forex brokers through which one inevitably has to go to place ones trades. Albeit they say that they are "no desk trader" they all are and taking the other end of the trades. They have access to your trades and know everything about it like your SL or TP etc. They only allow you win now and again to keep the hook on.

[@Tyler-xk4rs]

What is a good accuracy % to shoot for when backtesting confirmation indicators?

[@eddylucky8911]

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!

[@Sidewaysjay]

Hey how much money do you need to trade on daily time frames? Im only 17 years old and want to make this my living but not sure if i have the money to trade on the daily

[@alexandrurontu1682]

Good work as always!!

[@bradleyt]

ATR ROCKS!!!

[@aceclutch1]

Very informative thank you very much

[@benskapur5245]

Great Videos.

[@BlackWidow0311]

What is the best way to find an indicator to use? I go through the basic list provided in trading view, but I want to know how I can dig deeper to find a better one.

[@MrWilbek]

Nice channel. You have inspired me. Can I ask if you ever use divergence in your trading. I find it very subjective between the different indicators and their settings.

[@waypastamped]

can anyone point me in the right direction here. I've watched nearly all the videos and listened to all the podcasts. is there a video or podcast where VP mentions Rollovers? if we're looking for trades 20 minutes before the candle closes well be getting in right before a new daily candle starts picking up rollover fees at the same time. would we not?

[@esarare2312]

hey bro, can you please make a video on the harmonic scanner, how it works and is it worth it? I seen some forex channels say they have a 90% win ratio but i dont know wither they just trying to sell some BS indicator. Thanks

[@hamidijafri]

Crystal clear to me

[@joeebanks646]

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!!

[@NoNonsenseForex]

I don't trade stocks and crypto, so I'm not at liberty to say. Did a podcast on this a couple months ago if you want to check it out. I always say to people who praise the RSI though -- have you tried other options? Because there are lots, and most of them are better, it just takes a bit of searching.

[@mauro80314]

can someone help me find the confirmation indicator and exit indicator? I searched all the videos and cannot find it...

[@farhhan8158]

we need to find it from thousands out there ourself

[@rahulchahal5360]

Ahhh, thought you may give some hint about those missing pieces of your algorithm when you started talking about reading charts fast. My guess is they are related to psychology, or risk.

[@brucehendrickson6920]

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?

[@NoNonsenseForex]

Episode 39 of the podcast

[@brucehendrickson6920]

Thanks

[@giggz_new]

This may sound dumb ; what if you enter a trade, then immediately throw up your exit indicator, and its giving you an opposite reading from the rest of your system? Do you give it a day to catch up or immediately exit the trade?

[@NoNonsenseForex]

If this is happening, you need to find a more complimentary exit indicator.

[@TraderZer0]

when using MT4 do you have to load the templates every time you trade?

[@StephenEClarke]

"If we're RSI Traders - again we're broke" 😂 14min 48sec

[@SSEnrich]

"Wait to the candle closes." I have traded the awesome saucer strategy a bit. It has happened quite a few times that a red bar appears in a downtrend after a green bar on the awesome oscillator. After a while the awesome bar changes color to green. Subsequently I lose the trade. Why do I do this? Because I want to get in early. In order to get a 2-1 win with trades that does not go that far. Anyway. I do statistics over this. If this happens more than 20 % of the time I need to change something. The main thing though. Who would not want to get in on a trade as fast as possible?

[@nafismridha997]

is this "algorithm" u speak of like an automatic program thing that you develop and install in the MT4? or is it just another way of saying "a trading process/system"?

[@dbm1312]

man are 6 individual indicators making that algorithm

[@alvarosteiger]

Hi VP, some indicators have a shift parameter. Can you use it so that it ignores the last candle?

[@NoNonsenseForex]

I've never thought of that. Test it out, let us know.

[@johnbrennan7175]

I use a moving average cross with the shift option:- MA1 - Period 20, Shift -2, Method Weighted. Then MA2 - Period 20, Shift 2, Method Simple. I love the ATR and use it a lot. Works well on higher TF i.e H4 or Daily

[@danstone3673]

A few of us used this some years ago...even got a guy to code it into an EA but it would always return a "null" value - meaning, that shifting a moving average (which is a lagging indicator) into the future doesn't necessarily make it a predicting indicator and return a signal for an exit. Since I hadn't seen it in a long time, I just put them on a chart; EMA 13, +1/EMA 21 +1 (What we used as a fast/slow crossover utilizing fib numbers because a gooroo said so). Shifting it forward gets you into trades later and out later - so, you'd miss pips on the front end and then again on the back end. Shifting it backwards got you into a trend before it happened (I still had candles going the other way) but it did get you out earlier when the trend flattened out. I plugged in your numbers and noticed that you're in a trade early and out way early...but no matter - if you're getting pips with this, then that's a great thing!

[@seyedmostafajavidhosseini3797]

Great. Thanks.

[@fourfive9624]

confused as to where to find your podcast on itunes? are you uploadinng on itunes still? or jut on youtube?

[@NoNonsenseForex]

I give an itunes sign-up link in the description box of every podcast.