Hello Bernhard, I was wondering about your H1 DGAP strategy + impulse line on M1 you've been talking about in 2020 in the forex factory forum. Do you mind sharing why you only take trades from London open + 3 hours? Also, I see you use 50 pips for TP. Do you use the same for SL? Thanks for all indicators, I've been profitable since early 2022 now thanks to you! :) Have a good day!
Hello, there is an EA that my dev and I are developing and we plan on implementing ACS28 into the algorithm. I wanted to know if it's possible to use the Strategy Tester (for backtesting purposes) with ACS28? Hope that made sense, thank you in advance
A lot of testing was done. A beginner should not attempt this. This is a very complicated process.
(Advanced discussion)
These are unique features that are only available in our products!
Market Momentum
The market line is Market Momentum (the whole market). For example, check m5 for intraday. Every day you can see a rising line at London Open or on news and its flattening overnight (around NY Close). Simplest rule (M5): if market momentum is below MFib 23, market=flat. Avoid a flat market or use reversal strategies. Above MFib 50 the market=active, use trend strategies. If market momentum is above MFib100 market=volatile. Be cautious. Check history to learn.
Comment 12 https://www.mql5.com/en/blogs/post/697384#comment_5371352
Market Fibonacci reversal zones for currency strength.
Who followed the news on my profile will know we were developing that tool over some time. It is a tool which works together with Advanced Currency Strength28 (ACS28) and Advanced Currency IMPULSE with ALERT. ACS28 and Impulse will communicate with the "CS28 Combo Signals" indicator. Then it will filter signals of Advanced Currency Strength28 and Advanced Currency IMPULSE and do different and combined alerts. With several input parameters the trader has now more options to configure alerts to his needs. For example we got alerts for double-GAP or Impulse if Currency Strength is within Market Fib100/-100, or a double-GAP when Currency Strength has already crossed, and more... A FREE personal license is available for loyal and happy clients who own ACS28 and Impulse indicators and have a bonus with us.
Requirement for "CS28 Combo Signals":
Is the Combo Signal included in the 'Dynamic Forex28 Navigator' if I Own the 'Dynamic Forex28 Navigator', is there any reason to own the ACS28 , Impulse & Combo Indicators?
The markets equilibrium:
Currencies are in equilibrium at all times, which means that the total volume of sales is always equal to the total volume of purchases. We can see that as the indicator shows. If we compare all positive values with all negative values, they are equal. So the conclusion is, if a currency is sold strongly, one or more currencies MUST be bought. No money is lost, does that make sense?
Our job as traders is to figure out where the currency flow is going. It doesn't make sense to sell a weak currency against another weak currency just because it is a little weaker. We need to find out which currency is strong and trade strong for weak!
It is important for each trader to develop their own trading style based on their psychology, time commitment, and financial background.
Due to the fact that M1 is only for experienced scalpers, you need to determine which settings are best suited for your trading strategy.
For beginners, we recommend using M30 or H1 or higher. The lower time frames are more volatile and should only be used by experienced scalpers. However, you said you have been trading for a long time.
My opinion is that the H1 will help you stay in the trend, but it is a bit far from the M1.
If your signal comes from a smaller TF, then your TP must also be smaller.
Every day you can see the Market Momentum line rising at London Open or news and flattening overnight (around NY Close). Depending on where you live and when you have time to trade, you must make your choice.