Hello Flyjetz, and thank you for this nice thread. There is one thing that I don't understand, how do you determine your stoploss?
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DislikedToday is Sunday.Like i post above,i will upload my indicator.This indicator has 4 options:
- period : period for slope calculation (default is 20)
- BarShift : this is the first bar of period to calculate.if you want to calculate projects for this week (or this mont,or this day),you should use BarShift = 1.If you want to calculate projects for next week (or next mont,or next day),you should use BarShift = 0.Caution : With BarShift=0,you must wait for Saturday or Sunday (market stops) to calculate for next week because if market doesn't stop,High and Low are not right.I recommend use BarShift = 1,if you want to use Barshift = 0,must wait for market stop.
- KeepLine : this option will keep horizontal lines for timeframe you choose in KeepLineForTF option even you change your chart to any timeframes.
- KeepLineForTF : TimeFrame you want to calculate and display appropriate lines in chart (even if you change chart to another timeframes,these lines for timeframes you choose are still there)
When u attach this indicator to chart,it draws 4 lines (2 red lines(80%,90%),2 green lines(10%,20%)).
And this indicator was coded by Beyeu123.Ignored
Dislikedbeyeu123,
Appreciate your work on the indicator.
I've one question:
If we decided to trade only in the direction of the slope, is there any way to find that slope information from the chart with the indicator laid on it?
I'd like to trade this system on a daily chart based on the methods outlined by flyjetz.
If possible, can you display the slope information on the chart please?
Thanks,
PeaceIgnored
Dislikedwas going to request the same.
meanwhile denverdude how did u get the indicator to show on your chart thxIgnored
Dislikedbeyeu123,
Appreciate your work on the indicator.
I've one question:
If we decided to trade only in the direction of the slope, is there any way to find that slope information from the chart with the indicator laid on it?
I'd like to trade this system on a daily chart based on the methods outlined by flyjetz.
If possible, can you display the slope information on the chart please?
Thanks,
PeaceIgnored
DislikedNew position added this morning in BOLD:
I currently have open positions in:
Trade No. Enter Date Direction Pair Price
#19) 21-Mar-08 Short USD/JPY 99.53
#29) 10-Apr-08 Short USD/CHF 1.0082
#36) 17-Apr-08 Short GBP/JPY 202.02
#37) 17-Apr-08 Short GBP/USD 1.9875
#38) 18-Apr-08 Long EUR/GBP 0.7953
#39) 24-Apr-08 Long EUR/USD 1.5778
#40) 25-Apr-08 Long NZD/USD 0.7829
#41) 29-Apr-08 Long EUR/JPY 162.56
Ignored
Dislikedright click the bottom label, (let's say you wanna insert a 2 digit currency, as NZD/JPY, then select a 2 digit curreny sheet, say EUR/USD) "move or copy" select copy, enter, then a new sheet will appear, rename it as you want, then only fill it with the high/low of the new currency, everything is done automatically...
remember to save at the endIgnored