I have reported George's bootlicker Bluesteele to FF - clean up procedure because he called this thread "the prostitutes thread"
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Money management: Capital needed per 0.07 USD per microlot 0 replies
The Volume Detective 411 replies
Disliked{quote} Cranky is OK, so get some sleep and I will catch you later. But remember it is important to ask questions right?, but hopefully not the same question twiceIgnored
Disliked...Disliked{quote} @btrfx1 -- thank you for your post and the beautiful colors -- they certainly brightened my evening. You are a gentleman and have a good heart and I accept everything you say in the spirit it was given. Hi Steve, OK, OK bring me into your world for a minute and see if I still have a few good marbles running around upstairs. If I could steal all of your company's codes/secrets, improve it, then on sell it to your customers, destroying your ability to profit from it would you be upset? I have an edge in the marketIgnoredIgnored
QuoteDislikedIf I could steal all of your company's codes/secrets, improve it, then on sell it to your customers, destroying your ability to profit from it would you be upset?
DislikedI have reported George's bootlicker Bluesteele to FF - clean up procedure because he called this thread "the prostitutes thread" {image}Ignored
Disliked{quote} Usually indicators and templates are updated on post#1, thats how u manage a thread, its not suppose to be a scavenger hunt. Look at how everyone else conducts their threads and learnIgnored
Disliked{quote} Hi R4M, As we all know now ADR is a great tool when used in conjunction with price behaviour etc, would it be possible to add an alert that goes off when price is within 10 pips of the current ADR? If you don't see it as beneficial do not waste your time {image}Ignored
Disliked{quote} The op told me to use the search button instead of telling me there is a link to indis on post#1 . But i was talking about having a zip folder that is updated, and also I was asking nih98 no one else for his specific indicators. And he is the only one that didnt respond. Check out some threads and u will see what im talking about.Ignored
DislikedOkay since I have some free time I'll show with screenshots what I was thinking with using a few of the following indicators. My approach has changed slightly from what I wrote out last night, so here it is. {image} So from reading through this thread, mainly Nih98's posts they showed how price can react on a dime at the projected ADR levels. So if we can build confluence around these areas with key reasons why to enter, where to enter & how to enter whilst also lining out where our targets and stops can go then all that's left is money management...Ignored
DislikedSo, once again about tools, here I only use R4ME ADRIndi and ADRHistIndi on GBPUSD M15 (with my small adjustment to calibrate its core functions) {image} with only using this 2 tools for our references, and understanding how the market moves ( price action, sessions, currencies regional areas, chain reactions, etc) we could make money consistently. couple grants a week is not difficult. Please observe the above chart, and search for constant fractals represent visual momentum. Will explaining further later, but find for yourself first. Regards NIH...Ignored
Disliked{quote} @YoungET -- I like it -- and I have to think about it and let it sink in. The main problem for me is when you say price follows a harmonic pattern then my eyes start rolling back in my head. It's not that I discount what you say, rather, I have no clue what that means. I mean, in the context of audio and rf frequencies I know what harmonics are, but not when it comes to PA. And I'm in no position to devote days, weeks or months reading up on another market theory. If you had an indicator that I could overlay on a chart then I could see for...Ignored
Disliked{quote} @hibra98 -- since you were asking about @Nih98's indicators then wouldn't it follow they would be located on his thread? And if you weren't sure whether he had a thread then check his profile. And if you didn't know where his profile was then you could enter it in the search bar. Come on -- really? Don't you have any incentive to figure it out yourself without exchanging half-a-dozen posts?Ignored
Disliked{quote} @YoungET -- Let me think on this -- and please keep the ideas coming. That's sort of similar to what the 'Fraction ADR' feature does, right? But 'Fraction ADR' can work across all pairs because it is a relative metric. If we go down the path of specifying pips, wouldn't that value differ for every pair? It would certainly be an easy alert to add. What about instead adding an alert when 'Fraction ADR' is reached?Ignored
Disliked{quote} Once I take a look at the alerts from "IRUTM" (still no idea what the heck that acronym means !), I'll be more than happy to give you a few ideas that could be easily coded into an actual alert for entry. I assume a PM would be best? FX is overnight for me, so for me a bit of automation is necessary in order to not miss trades. Since the 1m is the starting point of any reversal, we may be able to use it more like a filter and use the 15m for the entry trigger, thus allowing for fewer alerts and for more focus.Ignored
QuoteDislikedSince the 1m is the starting point of any reversal, we may be able to use it more like a filter and use the 15m for the entry trigger
Disliked{quote} Lol, all this because I asked Nih98 for his template? REALLY! Why dont you concentrate on being helpful on your thread. I didnt know if it was a new rule that you cant ask anyone other than the op for indis or ideas. WW. Ok I guess we all know which thread is more usefull. tnx.Ignored
Disliked{quote} Yes I suppose Fraction ADR is the same yes, so that it gives an alert just before reaching an ADR extreme for that day. Do not waste any time if it has no benefit as there are other longer winded ways for me to get the same result. It's just so I can draw out my setups before price has fully reached the ADR that way I don't miss out in the event price touches and rejects within a candle or two.Ignored
Disliked{quote} @YoungET -- okay. In the next version I'll add a setting to enable / disable an alert when the Fraction ADR is reached. Give me another day or so. If I don't mention it the next time I post an update then please feel free to remind me.Ignored
Disliked{quote} {image} So, if both positions give potential profit, then that yellow mid line could consider as 'fair value' of the day, and do you notice that when price touched ADR Lines, and can't break it then price will almost turning back to the 'fair value' lines. Mostly this will work best on 'adjuster pairs' , for example, the Atlantic adjuster pairs EUR/GBP, EUR/CHF, GBP/CHF this is European/Atlantic crosser (in relation with USD regional connection). in opposite with Asian/Pacific crosser like AUD/NZD, AUD/JPY, NZD/JPY. Wanna go deeper about...Ignored
QuoteDislikedWanna go deeper about this ?
Disliked{quote} Last question, the MM ADRindi does it plot the two ADR lines as soon as the next trading day starts or does it plot them once that day closes? Haven't had it attached during live hours as of yet. EDIT: Nevermind just checked using the strategy tester that answered my question.Ignored
Disliked{quote} @YoungET -- it repaints, right? That's because the upper and lower boundaries have to continuously be adjusted as each new price arrives. Only after the full ADR for that day has been reached then the upper and lower bands remain static. Is that what you saw in Strategy Tester?Ignored
Disliked{quote} {quote} @Scott2locky -- I learn a lot from the comments posted here. So I was going through some of them again and you bring up an important point. When you build a system from scratch it continuously evolves and gets refined. The IRUTM indicator is not a system in the true since, but let's pretend it is. It's a diagnostic tool and we hope to make it better through multiple iterations of refinements. But before we can move on to the next iteration we need to place a "stake in the sand" that becomes the starting point for the next iteration....Ignored