Am looking for an indi which draws s/r from the highs and lows created with zigzag indicator and keeps them on the chart until they are violated and then on the next day are removed. Is it possible to set up this indicator to behave in such a ...

Hi Charvo, I determine where to draw the fibs based on the size of the first or second bar of the week. I don't want too large a bar, as that will make my targets and entries very unlikely. I also don't want it too small as it becomes irrelevant ...

so far eur has two shorts on, both in loss. Will exit on the lower touch of the keltner band for a small loss. This is the worst case scenario for this system and it's why I use such large stops. Often times the second trade will reach profit and ...

Sure, here is the update for the trading this week. First up, oil. 2 trades on 10-15 1 break even 1 for 114 pips 1 trade on 10-17 for 70 pips Currently waiting to the end of the hour for a long if price closes above the supertrend, I will enter.

Hi Bill, Please take a look at the further annotated chart again. When the second level is broken I was reasonably confident in the short trade continuing. Yes, the trade did not "nest" properly for the 3rd level so the trade would have been ...

averaged in but still a loss on EURJPY this week

This is what a small loss looks like in Weekly Meantrade

Euro trade from October 8th, good for at least 70 pips Euro trade from October 10th, good for 30 pips. You can see that the stochs signaled a sell on the same bar as entry. if you want to wait until price levels off, you could have easily made a ...

Oil trade from October 8th

this is a true gift to experienced traders. I have been using constant range bars and these beat the pants off of that script. Nothing shows the existence of a trend better than renko, I am a convert. Thanks to both posters with their efforts. ...