DislikedThanks for giving us the rod to go fishing, NanningBob!
I recheck it with RVI, they support each other very well!Ignored
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DislikedThanks for giving us the rod to go fishing, NanningBob!
I recheck it with RVI, they support each other very well!Ignored
DislikedI will take a look at your RVI later today when I am done with work. Will have some free time then.Ignored
DislikedHi BOB
This is a short definition of RVi and how it is calculated
http://www.investopedia.com/terms/r/...#axzz1diyph6CUIgnored
DislikedHad a look at the charts. Nice trades. Quite a few H4 setups occurred in the Asian session which fits with you being in China I guess NBob?!
I like the way that you ID the trend on the daily and drop to the H4 and look for a bounce off the orange H4 S/R lines. So in short, you are looking for CT rallies on the H4 to trade back with the trend on the daily?
There was a small CT trade on H4 gold using this method today. Rally into the H4 R, bounce off (below the daily black lines too) and the STO was >90 going back down. The trade would have been...Ignored
Dislikedthis is from http://codebase.mql4.com/305
"The main point of Relative Vigor Index Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the move is thus established by where the prices end up at the close. To normalize the index to the daily trading range, divide the change of price by the maximum range of prices for the day. To make a more smooth calculation, one...Ignored
DislikedIt was fun doing it that way. Less words more pics, made it easier I think to explain it.Ignored
DislikedI place a buy limit 3days ago above the R line and was triggered yesterday. TP should be slightly below the black dotted line (2.0568) but I missed it already.
Should I TP now and set another Buylimit above the Daily R2?
Thanks for your adviceIgnored
DislikedHey Bob, This 10.1 instruction is VERY precise and clear to understand. I Liked it!
I notice your charts and mine have different D1 SR lines even when we are in same TF. Is this due to broker server locations or something else?Ignored
DislikedJust put in SL. The D1S1 is very far below, I will let PA float down abit. Bob, u rekon to TP now or later?Ignored
DislikedHello All and Hello Bob,
This is probably the first of it's kind indicator which repaints and which I have started to build a little faith in. However, since time is mostly an issue, I have not been able to follow the whole system properly. Also a reason for it is I could not find the file where the system is documented. I read In the last couple of posts a member mentioning about the newly well documented file for the same. Please direct me to it. A request. I got to this thread through the reference of Steve's thread where he's made an EA based...Ignored