This method doesn't qualify to be called a'No Indior' system.
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Perhaps true but the one above I mentioned utilizes no indiors - would you have reference to some other no indior systems?Originally Posted by ;
You might want to Google Avi Frister's name that has intriguing work such as'FxBlaster','CashCow' or John Templeton's work by the name'Trading In The Buff' and the system that's recognized as Trading, simply to name a few. I am sure there might be others out there which can be considered true'No Indior' systems.
I discovered PAST to be valuable. Thank you for letting us know about it.Originally Posted by ;
I finally got round to Avi Frister and am currently paralyzed following Nigel Price (PAST) and NITS (even though it's 20 quid - http://forexuseful.com/product/no-in...egy-nits-ebook) - Great updates also from the newsletter.
Hi Everybody,
Just discovered this thread and also have just started experimenting with Heiken I smoothed candles. I've been entering the close of the 0700 gmt candle (I'm in UK) if the previous candle is exactly the identical color and line chart is above/below 21EMA (place to shut ). This works fine when trends form, or a move starts only when I catch up (not into 24 hr trading but it may find somewhat brown-trousery when price whipsaws across the median point to the day....just a cost of doing business!
I locate using trend lines invaluable, drawn both with the normal MT4 candle chart and with chart set to Line (this shows price closes just ). Useful to change as time progresses.
Volume also must not be dismissed. A huge upward quantity spike when price has had a fantastic run, is a sure fire sign that a change is coming, so I use this as a filter to keep out of transactions until opposite direction HA signals appear. Seems to decrease losses - only newspaper trading as yet.
I hope these suggestions are useful.
Mike