Comments on: MaxR vs MFE: Why You Need Both

By: Hugh Kimura

Hugh Kimura — Mon, 11 Mar 2019 19:56:25 +0000

In reply to kayode.

Hi Kayode,

I have never seen an indicator that will draw really good S/R zones, so you are better off learning to draw them yourself. These zones can also be very subjective and different traders will draw them differently, so you need to use what works best for you. Here’s a tutorial that I wrote to get you started: https://www.tradingheroes.com/how-to-draw-support-and-resistance/

There are no shortcuts…keep working!

Cheers,
Hugh

By: kayode

kayode — Sun, 03 Mar 2019 17:17:55 +0000

Mr Hugh
i like the idea of using the R method for my entry. i think it wud work well with the Engulfing candle set up am currently Backtesting.

can u furnish me with the name of an indicator for spotting S/R zones. it is becoming tedious and am begining to consider accuracy.
tanx,
kayode

By: Hugh Kimura

Hugh Kimura — Sun, 03 Mar 2019 02:14:20 +0000

In reply to Jack Hudson. You're welcome :)

By: Jack Hudson

Jack Hudson — Wed, 27 Feb 2019 21:43:32 +0000

I’ve been trading around 4 years now and what I’ve discovered here are some things I’ve already learned BUT……….

You’ve taken my learning to an entirely new level by quantifying things both here and the other places I’ve read you.

Thank You Sir!