FX's "where you are stuck" selection — Currency strength, SMC, capital management, a map of how to use 13 MT4/MT5 indicators
Open the chart, and what is the first thing you should do?
Switch currency pairs in order and look for the pair that is moving.
Check whether there is a trend by looking at the sequence of moving averages.
Return to higher timeframes and redo environmental recognition.
redraw the order block.
Calculate the lot size with a calculator.
`—Having done all this, you still haven’t entered even once.
My name is lab.aiueo, and I develop indicators for MT4/MT5.
So far, I’ve created and released 10 kinds of tools,
including 13 tools in total including the MT5 version,
and all of them were born to reduce the time that disappears just before entry as shown above.
This article organizes those 10 kinds into a map that can be reverse-queried from“where you are stuck right now.”.
The places where trading tends to stop can be divided into about five
From my own mistakes and questions from buyers, the sticking points divide surprisingly neatly into five.
1. Instrument selection (which pair to look at)
Profit and loss in trading is largely decided before the method by “which currency pair you touch.”
Even if you carefully analyze pairs that haven’t moved much, pips won’t expand.
Nevertheless, the task of finding moving pairs is still mostly done manually, with most people opening 30 pairs one by one.
2. Environmental recognition (upper and lower timeframes disagree)
Daily shows an uptrend, 4-hour shows a correction, 15-minute shows a downtrend.
This is common, but as you switch between timeframes, you lose track of which pattern you were trying to ride.
Multi-timeframe analysis takes time the more you try to do it correctly.
3. Entry justification (ultimately, where do you enter)
This is a frequent sticking point for those starting to learn SMC (Smart Money Concepts).
Order blocks (OB), Fair Value Gaps (FVG), BOS/CHoCH, liquidity sweeps, premium/discount.
The more you learn, the more you draw, and charts fill with lines and zones.
Even so, the move “okay, do I enter on this timeframe?” hasn’t been decided.
4. Money management (running lots by feel)
The stop loss width is set. But what lot size do you enter with?
After entry, how far will the margin maintenance drop?
At what price level does a forced liquidation trigger?
How many consecutive losses can you endure?
—I think the most common cause of exit is entering without understanding this in numbers.
5. Monitoring fatigue (not staring at the chart continuously)
The biggest enemy for part-time traders.
I want to capture the initial movement after a news release.
I want to know only about sudden movements.
But you can’t watch the chart all day.
Why divide into 10 kinds instead of one万能 single?
This was the most decisive branching point in my tool development.
When I started development, I tried to create “one indicator that explains everything.”
One that outputs currency strength, trend, and signals all in one.
When I tried it, I found I couldn’t use it myself.
The chart would be filled with information, and the essential price movement would disappear from view.
When I tried reducing the display by increasing parameters, the settings became too complex, and I’d be unsure every time I used it.
“All-in-one” was a self-indulgence of the creator.
So I changed direction.
Make one problem that one tool handles.
The tool for instrument selection handles only instrument selection.
The tool for entry judgment handles only that.
Let users add what they need, in the amounts they need, to fit where they’re stuck.
As a result, the number of tools increased, but each tool was reduced to the point where you can understand its function in 10 seconds after startup.
The number 10 is not about function count, but about the granularity of problem separation.If you accept that, it’s close to the truth..
There is one more rule we set along the way.If a determination is made on a definitive bar, it should be no-repaint (not rewritten later).
Many people who have bought signal tools have experienced arrows on past charts neatly lined up, only to have the arrows disappear or shift when actually run live.
I have experienced that too.
Tools whose displays change afterward cannot be validated.
A tool that cannot be validated cannot be a foundation for funds.
At-a-glance by sticking point:担当ツール
For the five above, this shows which tool handles each.
| Sticking point | Responsible tool | Supported platforms |
|---|---|---|
| I don’t know which pair is moving | CP-POW | MT4 / MT5 |
| I want to ride the trend wave cleanly | CP-POL | MT4 / MT5 |
| I want to see the upper/lower timeframe disagreement in one shot | UD-MTF | MT4 |
| SMC drawing is not keeping up manually | SMC-Radar | MT4 |
| I can’t decide where to enter with SMC | SMC-Signal | MT4 / MT5 |
| Want to survey all pairs’ SMC status first thing in the morning | SMC-Compass | MT4 |
| I want to enter mechanically using currency strength | CP-Signal | MT4 |
| I want to check lot size and margin maintenance before entry | RM-LOT | MT4 |
| I want to distinguish gold as “buy gold” or “dollar weakness” | GD-Deck(Coming soon) | MT4 |
| I want to know about sudden movements without staring at the chart | PI-ALT | MT4 |
Have you found the area where you’re stuck?
However, just knowing the tool name isn’t enough to choose yet.
The questions I actually receive most often lie ahead.
- What exactly does that tool display, and what does it judge?
- Are the MT4 and MT5 versions different inside? Which one should I buy?
- Is a single tool enough, or should I combine them?
- I can’t buy them all.Which one should I start with?
From here, I will answer all four of those questions.
I’ve written openly about actual tool screens, the combinations I use, and the recommended order by budget.
The rest can be read by free members.
No charges are required.