The Auto Trader Companion #12

Here are some ForexChartistry Update

 

Many of you may know that ForexChartistry system is launched on the 8th Feb 2013.  A page has been put up showing video on trade automation trading with each of these charts on the list

 

  • Price break chart
  • Renko
  • Kagi
  • Point and Figure
  • OHLC normal charts

 

Head to this url

 

 

Price Action Chart Trade Automation

 

 

Some common question and answer about ForexChartistry

 

1. Will Object such as trendline placed on your renko chart shift off the position after some time like those free indicators offered on the forums?

 

ForexChartistry indicator such as renko and the other 3 indicator will have no problem with objects shifting off its initial position like the many free indicator online.

 

We have managed to fix by inserting RENKO into the trendline object description placed in the renko chart. This step when done correctly will stop the trendline object to shift off its initial position.

 

For line drawn under these charts, insert this code into the object description

 

price break = PRICEBREAK
renko = RENKO
Kagi = KAGI
Point and Figure = PNF

 

Click on the link to watch a short video to see exactly how it is done.

[VIDEO]trendline does not shift on renko chart

 

2. I’m trying the forex chartistry trial version. Even though I past everything correctly, nothing appears in the expert folder after I restart. I’ve loaded lots of systems over the years, so I know how to do it.

 

ForexChartistry does not provide expert advisor in the trial version. The trial version that this gentleman talked about refers to the free chart indicator giveaway by ForexChartistry.

 

 

3. I cannot get the indicators to load on a chart. Whenever I try to load, it looks like an empty box at the bottom of the screen.

 

Product key is required to be specified onto the chart indicator on the first time using them. Chart indicator is not displaying data because the indicator authentication has failed. Once authenticated successfully, do save it as a template to skip specifying the product key in the future chart setup.

 

4. I would first like to congratulate you because before chartistry forex charts n” were not always very clean now it’s perfect. But there is a great weakness, because we can not apply our indicators renko graphs. Should be able to read them offline on a graph M (x) and it will be considered as primary display and not as an indicator. Are you considering this option?

 

We appreciate your valuable feedback. As the existing framework cannot have indicators applied to renko chart, we have put serious thoughts into designing

this package as a clean and simple price action charting approach, showing only the true price action without the data and indicator calculations on it.

 

As such, we choose the renko to work as a real time chart. Due to Mt4 limitations, it does not allow an indicator to be attached to an existing indicator like

renko. Thus, attaching any indicator to renko is disallowed.

 

However, the free renko charts which work using the offline chart method can have indicators attached to it.

 

These are the designs give and take; we select the 1st method because it is more aligned with our ideology and direction and we understand the weakness in it.

 

Once we develop a good enough community of user, we will be doing a poll to improve our existing indicators and expert advisor. The result of the poll

will be factor in to bring new improvements to the existing framework.

 

We will be consistently improving and adding value to our community and your request will be taken into consideration.

 

That’s it for this biweekly newsletter #12.

 

Thanks for reading it.

 

Do drop us your comments below for this issue of the Auto Trade Companion to share your views and thoughts.

 

Your feedback is most appreciative.

We hope that you have a great week ahead and good luck trading!

 

Regards,

Warren Seah and the ForexTrailer/Geometry/Chartistry Team

 

 

Copyright ©2013 ForexTrailer.com, ForexGeometry.com & ForexChartistry.com

NOTE: ANY INFORMATION CONTAINED IN THIS DOCUMENT IS FOR EDUCATIONAL PURPOSES ONLY AND IS NOT FINANCIAL ADVICE.

U.S. GOVERNMENT REQUIRED DISCLAIMER – COMMODITY FUTURES TRADING COMMISSION FUTURES, CURRENCY AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON’T TRADE WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES OR OPTIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS WEB SITE. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

One comment

  1. What is the difference between the forex chartistry and forex geometry product.

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