Stay calm, be brave, wait for the signs - Jasper Friendly Bear
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
Day Trading system - Simple system to make money 51 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
My Simple System (Can we automate this system?) 96 replies
An Easy System (With the help of ES Trader - Another Simple System) 13 replies
QuoteDislikedEURJPYm 1H 4H
----------------------------
TSS -->> BUY_ SELL
Slope -> -0.5 1.2
SAR -->> SELL (buy)
----------------------------
2007.05.22 10:21; [Minutes left in the current bar = 38]
Todays OHLC prices are: 163.52, 163.59, 163.24, 163.43
DislikedHi Marc,
I have made another update where the Trend from next higher timeframe to the current chart will also be included in the Comment and email. The emails can be filterted by signal strength and slope (the slope will help avoid sideways market, default is no filter). I have sent it to Snobol. Since I keep my version somewhat different, he may take sometime and I hope eventually release a new update.
Here is a sample of emails I am getting from my indicator. This is an example of a choppy market (with potential for reversal?). The slope is not filtered here. The higher timeframe is already defined for each chart timeframe. (The alignment may be messed by FF formatting)
-chandraIgnored
DislikedHi MV,
Good to hear that your compiling problem was solved. If you give a little detail of how you solved it, it might be useful for others (in case if somebody gets similar problem).
-chandraIgnored
DislikedHi All TSS'ers
I've uploaded the latest update for the TSS Indicator. All seems to be OK but I do not get an Alarm when when the Arrows appear. Did I omit something? See setup attached.
SA GreetingsIgnored
DislikedThanks for the feedback...How do you incorporate the signal strength and slope in regards to avoiding the choppy markets? Any help, would be much appreciated.
What typically do you input for the slope, what do you look at??
Thanks so much..
M.Ignored
DislikedO.K.--- just fooling around with the indicators to get a set up that works for me:
OT3MAV3 yellow 4,1.5
T3MA_mod_2 red 6,1.5
HMA%20modified blue, magenta hma8
T3MA_mod_2 green 21,0.7
Dynamic Zone RSI green,yellow 8,20,8
Stochastic dogerblue,dogerblue 5,3,3
When the OT3MAV3 "and" T3MA "and" HMA "and" RSI "and" Stochastic cross, only then does it seem like there is a chance for a high probability trade in your favour. If "any" one of the indicators contradicts then chances are much less likely that the trade will go in your favour. Look at the verical red lines on the chart and draw your own conclusions as to how well this approach works to filter the trades. An LRC channel is a great visual aid to help identify those all important support/resistance levels. My favourite trades are those that are likely to go across the channel with the LRC median being take profit areas as oppossed to entry areas. The red T3MA may have possibilities as a way to manage stop loss placement. I guess that a bit of forward testing is in order to prove(disprove) the worthiness of this approach. Your feedback is much appreciated.Ignored