Tuesday, October 23, 2018

Easy Trade with Alligator

Alligator is one of the default MT4 indicators created by Bill William. Why is named after alligator indicator? Because of the nature of these indicators are the same as the nature of the crocodile Alligator. Alligator crocodile nature is if it is full then he will sleep soundly. But if he is hungry, it will search for prey with its jaws open wide. In this case, has to do with forex trading is, if prices are sideways then this indicator will narrow (to each other) but not mutually crossed. However, when prices are trending then begins with extends this indicator that resembles the gaping jaws of a crocodile. Apparently, the nature of the alligator as it can be used for forex trading philosophy.

Basically, the Alligator is a combination of three indicator Moving Average, Smoothed by the method, Apply to the Median Price (HL/2), and in different shifts. The formation of the Moving Average 3 in such a way so that it can generate signals which can be used to determine the exact position of the open. Parts of the Alligator indicator is as follows:

1. Lips (MA) with the parameter period 5, shift 3
This MA is with the fastest period is useful to confirm when should you begin to open position.
2. Teeth (red MA) with the parameters shift, 8 periods 5
MA line is the medium period, the signal will be created if this line crossed the blue line.
3. Jaws (MA blue) with 13 parameters, shift 8
This line is the MA longest period line and used as a guide of the two other lines.

The Buy Signal
  1. If the green line (5 MA) crosses the red line (MA 8) then both lines that cross the blue line (13 MA), so it looks together cut the blue line from bottom to up.
  2. When the third line of the Alligator River crossing then it looks like the crocodiles are wide (open the mouth) into the top.
The Sell Signal
  1. If the green line (5 MA) crosses red line (MA 8) then both lines that cross the blue line (13 MA), so it looks together cross the blue line from above to down.
  2. When the third line of the Alligator River crossing then it looks like the crocodiles are wide (open the mouth) into the bottom

If the Alligator is sleeping then don't enter the market, because at the time it was sideways.  Alligator sign sleep is when the Alligator lines look squiggly near each other (see picture below).
Indeed the indicator Alligator right used by beginners because it is easy to understand especially when buy or sell signals occur at the time of the opening position. Unfortunately, sometimes the fit is less steady. That is because of the lagging nature of this indicator. In other words, when rates are moving fast and sharp price movements, generally these indicators will be late to respond.
So my advice is:
First: use this indicator on a major pair (EURUSD, GBPUSD) with a clear and stable trend.
Second: avoid news is important because during such important news release cause price movement very quickly and unexpectedly.

Okay, please try this indicator if need to be combined with other indicators such as MACD, stochastic or so as we gain enough valid signals. Remember, the only indicator as a tool, which can not guarantee 100% profit for its users, required patience and a deep understanding of a particular indicator. Therefore, a consistent exercise is needed in order to understand the indicators.

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Simple Trading with Ichimoku

Ichimoku Kinko Hyo is one of the default MT4 indicators that can be used for long-term trading. The use of the indicator Ichimoku is very simple since we only focus on the intersection of the red line (Tenkan Sen) and blue line (Kijun Sen). In addition, we can see the overall market conditions by looking at price movements against clouds (Kumo). If the price is above the Kumo, means the market are bullish. If the price is below the Kumo means the price is bearish. 

Before we use the Ichimoku indicators, we must know the parts of the indicator Ichimoku Kinko Hyo is as follows:

1. The Tenkan Sen (red line)
Tenkan Sen (red line) equals 9 periods Moving Average Exponential
2. The Kijun Sen (blue line)
Kijun Sen (blue line) is equal to Exponential Moving Average period 26
3. The Chikou Span (the green line)
Chikou Span (the green line) is equal to the price movement is happening (the same as the candlestick). Chikou Span also called lagging lane.
4. Kumo (Clouds)
Kumo (Clouds) as a gesture if the price is above the market conditions then were Kumo bullish. If the price is below the Kumo is bearish market conditions then. If the price of the dwelling in Kumo then market conditions being sideways (consolidated).
The upper part of the support functions as Kumo, Kumo bottom serves as resistance. If the price is bearish price then fumbled around in Kumo. If past the top or bottom of the Kumo means prices are the breakout.

How do I use trading with Ichimoku Kinko Hyo?

BUY ENTRY

  • If the Tenkan Sen (red line) crosses the Kijun Sen (blue line) from the bottom to the top a bullish signal means. We open a BUY position.
  • A bullish signal strength the more powerful if Chikou Span (the green line) is above the Kumo


SELL ENTRY


  • If the Tenkan Sen (red line) crosses the Kijun Sen (blue line) from the top down means the signal is bearish. We open SELL position.
  • Bearish signal strength the more powerful if Chikou Span (the green line) is below the Kumo


BREAKOUT
Ichimoku indicator can also be used to find out the condition of a market breakout. We focus only on price movement while in Kumo.
If the price of the dwelling in Kumo Kumo top side then get out and ride and hold it as a condition of breakout ride.

If the price locked in Komo then outside down Kumo and down continuously then it breakout as conditions down.

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Sunday, October 21, 2018

Easy Trading with Accelerator

Accelerator oscillator lines are one of the default MT4 indicators that are easy to understand and easy to use. Accelerator oscillator lines in current use do not need elaborate sets and a lot of thought but quite noticed the line level 0 as guidelines in took the position. Indicator accelerator oscillator lines consist of the red and green color bar. However, we do not focus on the color of the bar but we must focus on the line of level 0. If the price is above level 0 line then the market is bullish. If the price is below the line level 0 then the market is bearish.
Although this indicator as one indicator of oscillator lines but in its use is unnecessary despite the overbought or oversold area. But we should pay attention to the movement at a time when the price was at line level 0. Therefore, we must add level 0 on this indicator. Because by default these indicators do not level 0 line, we have to add it yourself. Here's how to add the line level 0 as the picture below:

In addition, the bar is in these indicators belong to small so sometimes outwit us. Therefore, we can enlarge the bar by means of clicking the bold choice of lines like the following picture:

Then how do I use the Accelerator for the opening position indicator?
The setting of the TF on 1 hour or 4 hours (not small because only the TF will produce a false signal).
Using indicators of accelerator should at the time of the London's session or New York's session. Because at the session of the European trend began to form. Similarly, at a session of the United States, the trend may continue or reverses direction. Do not use this indicator in the Asian session, because at the Asian session the movement price range tends to be low, so sometimes it is precisely the cause of false signals.
To signal a buy or sell signal, please look at the picture below:

The BUY Signal
1. Watch the histogram with line level 0
2. If the histogram to penetrate the line level 0 from bottom to top
3. Do not forget to attach the stop loss and take profit

The Sell Signal
1. Watch the histogram with line level 0
2. If the histogram penetrate the line level 0 from top to bottom
3. Do not forget to attach the stop loss and take profit

Remember, that any indicator will be effective if the market is trending, but if the market is sideways then it will cause false signals that many traders are floating because the market conditions are deceived by sideways. In these circumstances, we should hold only once, do not sign in to the market. We can combine indicators of other trend indicators with Accelerator such as the Moving Average. 
We can train themselves to use the indicators in a demo account first and then if we had become so we can use in real trading. Okay, good luck trading.

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Friday, October 19, 2018

A simple way with Parabolic sar

Parabolic SAR is one of the default MT4 indicators that was originally used to find out the trend will end (stop) and reverse (reverse) direction. But, over time, its use parabolic SAR can be used for entry, either enter the market, buy or sell.
Here is a picture of the parabolic sar indicator on MT4:

If we look at the chart then this shaped parabolic sar indicator dots or dot located above or below the candlestick. If the dots or dot is above the candlestick then can be interpreted as bearish signals. Whereas if the dots or dot the candlestick then can be interpreted as bullish signals. However, not all the dot point or we can use the guidelines as a signal for the entry point (buy or sell). Therefore, we must be able to read the trend. Parabolic sar indicator because it can only be used when the trending only. If market circumstances sideways then these indicators cannot be used because it would just generate a false signal (false signals).

Usually, this parabolic sar indicator already gives 0.02 parameter by default on as in the picture below:

Then, how do I open positions by using the parabolic sar indicator?
A suitable time frame for trading strategies trading parabolic SAR is to use a graph 4 H or daily. We may also use the time frame 1 h. If using TF 30 minutes down can cause a lot of false signals appear.
Consider the following image:
ENTRY BUY
  • Remember trading principles i.e. buy at a time when the trend goes up
  • Rising Trend characterized by the presence of low are rising. If there are low rises more then appear two parabolic sar dots under the candlestick then it is a good time to buy. 
  • So we'd the better entry point to the third dot of parabolic sar

ENTRY SELL
  • Remember trading principles i.e. sell at a time when the trend is down
  • When the trend is down that is characterized by high more humble then appear two dot above the candlestick then that's when it's most appropriate to do a sell entry. 
  • So we sell at the point to the third dot of parabolic sar.

The downside of parabolic SAR indicator
1. The signal that is formed is indeed quite slow
2. When market conditions are sideways or consolidation will lead to too many dot that appears so false signal appeared. This is what often outwit traders.
In order for us not to be fooled by the appearance of a dot on the chart, then we can combine it with other indicators, for example, stochastic, MACD, CCI, MFI, and others.
We can try it out first on the demo account trading that we are proficient in using these indicators and effective in its use on the real account.
Good luck.

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Wednesday, October 17, 2018

Easy Trading Use The DeMarker

DeMarker indicator is one of the default MT4 oscillator lines of highly effective to help traders when determining open positions based on overbought and oversold areas. As a function of the indicator DeMarker oscillator lines in General, have an important level i.e. 0.3 and 0.7 level level. The level of 0.3 is oversold level while the 0.7 level are overbought level. Indicator DeMarker defaut parameters the default MT4 is the appropriate period of 14. We can make it in accordance with the wishes of each, but I think the default parameter is the best and easiest way. Following the appearance of the DeMarker indicator by default on MT4:
In its use, the indicator DeMarker is very simple. We just need to focus on the critical levels that have been mentioned, namely the level of 0.7 and 0.3 level. When the price has reached the level of 0.3 so the market at that time was already oversold situation. Therefore, we are preparing for the open position buy. But we have to wait for the movement of the candlestick on the chart. We wait until the candle formed bullish when prices are already on the level of 0.3 (oversold). Because, sometimes, the movement of the candlestick chart is not in sync with the movement of the curves on the indicator DeMarker. It takes patience to wait for the right moment.

Similarly when prices have already reached the 0.7 level, generally if the price has reached the level of prices have reached overbought, so we are ready to open a sell position. But we have to see movement on the candlestick chart. If there is a candle is bearish as prices have reached overbought signal then it's valid for sell. So, there should be an alignment of price movements at critical levels in the indicator DeMarker with the movement of the candlestick on the chart.

The time frame to be used when using the DeMarker indicator better use time frame 1 H more. Because by using the TF 1 H more then valid signals will be obtained. Whereas if you use a time frame of less than 1 H will appear many false signals. While the currency appropriate for tradable currency pair is EURUSD, GBPUSD, and USDJPY,. Because they have the potential of high volatility and are likely to be back at the original level if already reached level. It is suitable for overbought and oversold principle. 

Keep in mind that in use indicator DeMarker, go to the market at the time of the session of the European and New York open. Do not get in on a session of Australia or Asia. Because Europe and America the real trend is being formed.
How do I use the DeMarker indicator trading?
Buy or Sell with DeMarker
Open to Buy
  • If the price is set at the level of 0.3 (oversold area)
  • The price moves up to cross the line 0.3 level heading into the top of the
  • At the same time, moderate bullish candlestick.
Open to Sell
  • If the price is set at the level of 0.7 (overbought area)
  • The price moves down to cross the line towards the 0.7 level down
  • At the same time, the candlestick is bearish.
So, an easy way to use the indicator DeMarker. Please try it first in trading demo account. Make sure you already understand and master how to use this indicator DeMarker in the trading demo. If already proficient then can be used in real trading. Good luck good luck.

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Sunday, October 14, 2018

Simple trading with CCI

The Commodity Channel Index (CCI) is one of the default MT4 indicators created by Donald Lambert. At first, these indicators are used to analyze commodity price index. However, as time went on, this indicator can be used as a reference for analyzing the prices of currency or stocks. The Commodity Channel Index (CCI) is already much help traders determine the exact position, because of the open nature of this indicator can indicate overbought levels and oversold.

The Commodity Channel Index (CCI) is one indicator of the oscillator lines. As a function of the other oscillator lines indicator, this indicator can indicate overbought levels and oversold. Indicator Commodity Channel Index (CCI) comprising the line of the curve which shows the movement of the market price, and the levels as overbought and oversold areas of the pointer. Level + 100 as overbought and area level pointer – pointer 100 as oversold area. The levels that should be our focus when using the indicator Commodity Channel Index (CCI) to analyze the market. Consider the following image:

On MT4 indicator Commodity Channel Index (CCI) is already installed with the default IE settings from 14. Actually, we can change the parameters that correspond to our desires, but we should just use the default settings, the default settings because it seems quite accurate when determining the overbought and oversold areas. To bring up the indicator Commodity Channel Index (CCI) in MT4 way:

  • Select the icon list indicator (green plus sign) in MT4
  • A dialog box will appear
  • Select the oscillator then the Commodity Channel Index 
If it is successful the display will appear the indicator Commodity Channel Index (CCI) like this:

Then, how do I open positions?
Note the picture below:

Open to Buy
  • If the price had been oversold area (level – 100) then cross the level – 100 from bottom to top. 
  • Remember, open buy when price crossed over to the top. If the price has not yet crossed the 100 level – then wait until prices start to move up.
  Open to Sell
  • If the price had been oversold area (level + 100) then cross the 100 + levels from top to bottom. 
  • Remember the sell open when price crossed downwards. If the price has not yet crossed the level of + 100 then wait until prices start to move down. 
Attention:
  • Not all positions or overbought area prices in the oversold it valid. Attempting to meticulously observe the chart. While prices have reached overbought or oversold area turns out not all the turning direction. 
  • Therefore, in the use of this CCI should pay attention to the TREND. We should pay attention to the movement of the trend. 
  • If the trend is generally bullish, then open position just when prices are already at level – 100 (oversold)
  • If the generally bearish trend, then open position just when prices are already at level + 100 (overbought).

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Friday, October 12, 2018

Easy way of trading with RSI

Relative Strength Index (RSI) indicator is one of the most widely used oscillator lines by senior traders. Why professional traders often use this indicator? Due to the Relative Strength Index indicators can identify circumstances prices have reached overbought or oversold. Keep in mind that any market price movements will surely always overbought and oversold levels reached. By knowing the price had been overbought or oversold area then we can do an open position with precision. 

Relative Strength Index indicators already available in MT4, with default settings i.e. the period 14. Actually, we can change these parameters according to the will of each one of us, depending on our understanding in using The Relative Strength Index indicator. But, it seems the most appropriate parameters and is often used by professional traders are from 14. We just have to get used to using these indicators so that we can easily earn profit consistently. 

Relative Strength Index indicator consists of a line of curves that always moves follow the direction of the market, with the highest level of 0 to 100. Level 70 – 100 is overbought level. While the level 0 – 30 is oversold level. Traders capitalize on areas of these levels to Transact buy or sell. At level 70 – 100 (overbought level) as an area for sell. While at level 0 – 30 is an area to buy. However, we may not necessarily be directly open buy or sell when it reaches the critical area, there are rules that we have to follow so that we don't lose. Following is the display of the Relative Strength Index indicator:

The timeframe that is used when using the indicator RSI typically use timeframe 1 H or 4 H the longer timeframe, then the level of accuracy of the signal generated by the indicator RSI will be the more accurate. Keep in mind that indicators RSI is no match for the aggressive trader (trader short term). Because of the indicator RSI only gave the signal for the long term. Therefore RSI is very suitable for a long-term trader. Therefore, patience and discipline is very important when using the indicator RSI.

So how do I trade with using Relative Strength Index indicator?

OPEN TO BUY
  • Note If the prices have reached oversold levels (within the level 0 – 30)
  • Wait until the RSI crossing level 30 heading into the top of the
  • At that, the point the note chart by looking at candlestick patterns are formed. If at the same time price left the level 30, the chart formed bullish candle pattern (eg. bullish engulfing, and others) then we immediately open BUY. 
OPEN TO SELL
  • Note If the prices have reached overbought levels (in the level 70 – 100)
  • Wait until the RSI crossing level 70 heading to the bottom of the
  • At that, the point the note chart by looking at candlestick patterns are formed. If at the same time the price of leaving level 70, the chart pattern formed a bearish candle (for example a bearish engulfing, and others) then we open SELL immediately.

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Monday, October 8, 2018

Easy trading with Stochastic

One of the indicators of the MT4 default is stochastic oscillator lines. These indicators can help us in determining the open positions, based on overbought and oversold areas. Been oversold area under level 20, while the overbought area is in the range above level 80.
We can utilize the crossing between% K% D as a guide to determine the entry Sell or Buy. The line% K on stochastic symbolized with blue stripes, while the line% D is represented by the dotted line in red. The second line intersecting it contained on the overbought or oversold area can be used as entry points, either sell or buy.
In MT4 indicator stochastic already gives a parameter by default with 5, 3, 3. We can setup according to the tastes of each of us. It all depends on the situation and conditions as well as our understanding of the market.

As for the exact time frame are relative, however  typically traders use TF 1 H in understanding the market price movements. You can use the TF that suits Your habits and understanding.
Following the appearance of the indicator stochastic default MT4:


Then, how do I open positions using the stochastic indicator?
Note the picture below:

Open to Buy
If the stochastic is under 20 level, then going on a cross between a% K% D, when the red line crossing to the blue line from below to above is at the oversold area.

Open to Sell
If the stochastic is above level 80, then going on a cross between a% K% D, i.e. the line flush cut (intersects) with the blue line from above to below is in the overbought area.

But keep in mind, that not all the cross between the red line with the blue line produce a signal. We need to be more careful in determining the appropriate order for the CO-OP. Usually if the State sideways then the stochastic is suitable to determine OP buy or sell. Whereas if the circumstances are currently trending then the thing to note is the trend. If the trend tends to rise (bullish) then wait for the right moment when the stochastic is in the oversold area then we immediately OP Buy. If the trend tends to come down (bearish) then wait for the right moment when the stochastic is in the overbought area then we immediately OP Sell.
Because if we are wrong in understanding the direction of the trend, it will happen along floating.

The stochastic indicator can also be used to determine the divergence and convergence
If candlestic has decreased, while stochastic ascending and it is thus said to be a bullish divergence.

If the candlestick increase, but the stochastic thus decreasing then it is said to be a bearish convergence.

We can benefit from the moment the divergence or convergence in determining open positions. So, do not rely solely on a cross between a% K% D.
Remember, the only indicator as a tool to determine the market price movements. It all depends on the patience and carefulness each one of us.
Maybe useful.

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A simple way of trading with MACD

The MACD indicator is one of the default MT4. This indicator is an indicator that shows the turn of the trend. This is actually very simple indicators used in forex trading. We do not need to use multiple indicators to determine the turn nor the direction of the trend, as it will only add to the clutter.
The MACD parameters on MT4 usually 12, 26, 9. We actually can change the parameters that correspond to the tastes and our beliefs, but it turns out that the default parameters allow a user to use it in trade.
MACD consists of 3 components:
1. Zero Line
2. Histogram
3. The signal Line
The following overview of the MACD indicator:

The zero line is the line which divides into two parts namely the MACD (Bullish) and the bottom (Bearish), and being in 0000 parameters required.
The histogram is a set of bars that are a sign the volume of trade is going on. If the histogram is getting longer then the greater the volume of trade, whereas if the histogram then shrink the trading volume of fewer as the sign of correction will occur.
The signal line is the dotted line as a signal for the open position if the buy or sell.
How do I determine the buy or sell with MACD?
Note the picture below:

Note When the Signal Line crossed with the histogram.

Open to Buy
If the signal line crosses the histogram from the bottom up, then the candlestick close already exceed the nearest resistance then we Buy.

Open to Sell
If the signal line crosses the histogram from top to bottom, then the candlestick closed already exceed the nearest resistance then we Sell.

To take profit we don't be greedy, let them we have got 500 points (for the 5-digit) or 50 points (to 4 digits). The important thing in trading is that we don't get greedy and keep in mind that don't many open positions because it's very risky. We don't get too confident with our CO-OP, because sometimes we cannot market predictions. We can do only limited to identify trends. One of them is by using the default MT4 indicators, namely the MACD.

Remember only the indicators as a tool to read the trend but not a guarantee of 100% for profit. All depends on ourselves.
Okay, here we are learning about how to read the MACD indicator with simple explanations. Maybe useful for friends

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Breakout trading with bollinger bands

Bollinger bands mt4 indicator is one of the traders can help to determine the direction of the market price. Because bollinger bands are widened when the trending, and narrowed when markets are flat (sideways). With based on the workings of the bollinger bands so we can use it to earn a profit in trading.
We need to remember that if market prices are sideways then both bands will be narrowed so that the bollinger bands appear flat. At the time being that we can use it sideways by applying scalping techniques. We open sell position when price touches the upper band, likewise when touching the bottom band we open buy position.
But at a time when prices are trending will occur, usually marked with open width of upper bands and lowerbands. Well, the question is whether the trend is happening later upward or downward? So that we can take advantage of the occurrence of the early trend, then we must use breakout trading.

OPEN TO BUY
Please see the picture below
  • Go to the market in the European session, i.e. at the time of the London market opened. 
  • Then, see the highest and lowest price of previous Draw the line at a price close to the highest and lowest before this time.
  • Wait until the price movements exceeding the line resistance (above). 
  • If the price exceeds the line of resistance then we open a buy position.

OPEN TO SELL
Please see the picture below
  • Go to the market in the European session, i.e. at the time of the London market opened. 
  • Then, see the highest and lowest price of previous Draw the line at a price close to the highest and lowest before this time.
  • Wait until the price movements exceeding the line support (below). 
  • If the price exceeds the support line (bottom) then we open a sell position.

SIDEWAYS
Please see the picture below

Prices are sideways usually occurring in Australia and Asia session. Usually the price range, i.e. up and down ranges less than 50 pips. That's when bollinger bands seem narrow and flat. We can take advantage of the moment to do a transaction buy if the price touched lower band, and sell if the price touched upper band.
See image above

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The simple way with Moving Average

   The Moving Average is one of the main indicators is mounted on MT4. Moving Average including one from various existing trend indicators in MT4. The Moving Average indicator is very simple to use and easy to detect the direction of the trend is going. The Moving Average is an indicator that is most widely used by professional traders. They use this indicator because this indicator is not a lie when it shows the direction of the trend. The greater the resulting signals then at the more obvious. Fewer at the resulting signal can signal false.
   We don't need a far-away look for indicators that are complicated and expensive. Suffice it to use the Moving Average then we will gain consistent. The most important thing done in use indicator Moving Average is paying attention to the layout of the candlestick indicator Moving Average against. If candlestick is above the Moving Average then the market conditions are bullish. Then go to the right position is a buy. Whereas if candlestick is below Moving Average mean market conditions are bearish. The exact open position is a sell. Then, what is the indicator Moving Average parameters? Actually, there are no rules about the parameters of the Moving Average. We can use the default settings of the MT4 i.e. from 14. See the following image:

   However, if we want to change the default settings the Moving Average is permissible. We are free to set the parameters of the Moving Average because the most important thing is to understand the workings of this indicator thus obtained accurate signals. 

The use of a Moving Average indicators in forex trading is as follows:

Timeframe being used we recommend using 1 H
Select the currency pair EURUSD or GBPUSD

ENTER BUY
When the candlestick crossing moving averages from bottom to top
  • Please wait for another candlestick bullish to close
  • See if the price closed higher than the previous candlestick
  • If the price closed higher than the previous candlestick then we recommend that you open a buy position.
ENTER SELL
  • When the candlestick crossing moving averages from top to bottom
  • Wait for another candlestick bullish to close
  • See if the price closed lower from the previous candlestick
  • If the price closes lower than the previous candlestick then we recommend that you open a sell position.
   We should use currency pairs are EURUSD, GBPUSD, USDJPY, AUDUSD and. Why is the currency pair currency-it? Because of the currency pair-the currency volatility is high with an average range of about 100 pips per day. Therefore, when an early trend we can still gain an advantage because there are still a range that has not been achieved.
Okay, hopefully the current discussion is useful. 

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