Custom Indicators Required
As stated previously, there are a number of custom indicators required to
trade this method. These custom indicators are as follows and will be
provided with the downloadable package at the end of the book:
1. MACD Platinum
2. QQE Adv
3. QMP Filter
If any readers would like to build their own custom indicators based on
these MT4 coded indicators, I would be happy to share the source code with
you so you could arrange your own Programmer to build something similar
on a platform of your choice.
The method also involves the use of multiple Moving Averages. These are a
default indicator that can be found on just about any platform. Traders have
been using these for years, as they stand the test of time.
I will also supply you with an MT4 template that you can add to your
platform which will ensure your charts look the same as mine. It is up to the
individual whether you want to use this, or whether you would rather design
your own (you may not like my dark charts). In the downloadable package,
I have also included a customized Excel spreadsheet to assist you with
multiple trades if you are trading a specific way that I will mention later in
the book. I have also added one other custom MT4 indicator called the i
ParamonWorkTime which may also be helpful when trading specific times
of the day. It is not essential to the method, but it can make things a little
easier.
If you are unsure how to load custom indicators or a template on the MT4
platform, you can access my YouTube video at:
https://www.youtube.com/watch?v=Ymuxe_X32vM&feature=youtu.be
It is very simple if you follow the instructions. That particular video was in
relation to a method from my first book,
Forex Trading: The Basics
Explained in Simple Terms and the principles are basically the same where
you have custom indicators and a template to load onto the MT4 platform.
Mac Users
I am not a Mac user myself, but another person informed me that he hit a
snag installing the templates after watching the YouTube clip. He found that
he couldn’t drag the Modified MACD template across.
In the end, he used a program called PlayonMac to get the MT4 platform,
but when he couldn’t get it to recognize the file he discovered he had to
copy and paste it from the folder in the wine library to the folder that’s also
in the wine library. You can’t transfer it straight from your file.
Following is a link to a video, created by Reginaldo Spenciere in my
Facebook Group, which may also help you install MT4 on MacOS.
https://drive.google.com/file/d/0B_AEu6aY44rFZFZudE1JWnlkbDQ/v
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