DislikedHello, A big thanks to all that developed this system and those that are helping others. In general I understand the system. I have a few questions left. The answers to them will help me getting the confidence needed according to Big E. 1. The plotting of the MA5. I found several settings for it in the thread. what should I take from the settings I saw; EMA or SMA, shift 2 or 3? 2. The use of HA candles. Taking a trade at the close of first in color changed candle is the same as at the beginning of second candle. Is this considered candle number...Ignored
#749.......... Moving Average on the chart - Mine is 5, shift 3, exponential, Typical....
#4278........ I then added my own moving average set to: 5, ema, shift 3, exponential, typical price... and saved it
Can't help you with HA candle.
As to enter on what bar number.
The bar that is forming (going up down) is Bar O. BigE counted Bar 1 the bar after Bar 0 has closed
#2............ 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
#6............. We Enter a trade when green crosses red on the TDI at the beginning of that candle...
#307.....Always entering when green crosses red and only on candle 1 or two depending what the TDI shows..otherwise I pass and look for another set up
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Have found to use this post the most to enter a trade.
#115
A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally
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The problem with #115 is that sometimes you see green sticking out and then become a bounce trade. Leaving you with a trade in the wrong direction.
That is where Stoch come into play.
- TDI green and Stoch direction MUST be the same.
- You must be sure that green is really above / below 2 / 4. The moment you think it might be above / below you are going to pick up problems.
- The TDI indie you use is also imported
-- Update green after bar has closed will make sure you enter on bar 1
-- Update green while bar is forming will allow you to use post#115 with include risk.
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