@robots4me
Hello mate. I haven't posted in a while although I have followed the recent developments in your thread. I would like to express a few thoughts. I see you have implemented so many features and the MTF lines as well. While at a first glance the latter might seem to offer some further advantage, at a more attentive analysis it does not. In fact to my personal way of trading it makes things more difficult. I loaded it once, observed it and discarded it soon after. The reasons?
1 - Too much information
2 - Not enough information
Let me start by reiterating once again, if still necessary, that I'm trading George's way (at least I try to...). You have stated a few times you don't want to trade that way and I gather that quite a few people posting here share the same opinion. That of course is fine. We all know there are many ways to skin a cat (the animal lovers will forgive me. I'm one of them myself...), but I had to point it out because that's what I'm referring to.
By point 1, I mean that the chart has become literally crowded with lines and dots now, which, although differently coloured or formatted, still clutter the basic information that our brain needs to pay attention to.
As for point 2, even more important, which might help answer the question that some of you guys have been waving in the last few pages regarding some lines or areas that might not be discarded once they are taken: by loading the indi on one chart not only do we lose sight of the way those same targets look like and compare to each other on the HTFs, but we also miss other clues that those same HTFs give us, like shape, length of the bars or the interaction betweeen each other. Bottom line, having the HTFs charts open in front of us offers some precious and essential information impossible to gather by just looking at only one small TF with all the lines included.
Once again, while I commend you for the effort you are putting into this indicator, it looks like George would say, that you are barking at the wrong tree (if by any chance you still want to try and emulate his way, that is). Swingman's first indi and the one that you later coded to match that one are in IMHO much better. Simple but more effective, provided they are used on each single TF we're looking at on a dedicated chart, although with the limitation of either keep or kill all the lines, which can be overcome by marking by hand those very lines/areas we deem important.
At least that's my idea. Then if with the latest features and suggested different ways to trade introduced lately, people are capable of making money, well, why not? I wish them good luck and I'm also happy for them. As for myself, I'm happy enough to stick to George's original idea as it's still consistent for me after 5 months despite my limited knowledge and understanding.
Hello mate. I haven't posted in a while although I have followed the recent developments in your thread. I would like to express a few thoughts. I see you have implemented so many features and the MTF lines as well. While at a first glance the latter might seem to offer some further advantage, at a more attentive analysis it does not. In fact to my personal way of trading it makes things more difficult. I loaded it once, observed it and discarded it soon after. The reasons?
1 - Too much information
2 - Not enough information
Let me start by reiterating once again, if still necessary, that I'm trading George's way (at least I try to...). You have stated a few times you don't want to trade that way and I gather that quite a few people posting here share the same opinion. That of course is fine. We all know there are many ways to skin a cat (the animal lovers will forgive me. I'm one of them myself...), but I had to point it out because that's what I'm referring to.
By point 1, I mean that the chart has become literally crowded with lines and dots now, which, although differently coloured or formatted, still clutter the basic information that our brain needs to pay attention to.
As for point 2, even more important, which might help answer the question that some of you guys have been waving in the last few pages regarding some lines or areas that might not be discarded once they are taken: by loading the indi on one chart not only do we lose sight of the way those same targets look like and compare to each other on the HTFs, but we also miss other clues that those same HTFs give us, like shape, length of the bars or the interaction betweeen each other. Bottom line, having the HTFs charts open in front of us offers some precious and essential information impossible to gather by just looking at only one small TF with all the lines included.
Once again, while I commend you for the effort you are putting into this indicator, it looks like George would say, that you are barking at the wrong tree (if by any chance you still want to try and emulate his way, that is). Swingman's first indi and the one that you later coded to match that one are in IMHO much better. Simple but more effective, provided they are used on each single TF we're looking at on a dedicated chart, although with the limitation of either keep or kill all the lines, which can be overcome by marking by hand those very lines/areas we deem important.
At least that's my idea. Then if with the latest features and suggested different ways to trade introduced lately, people are capable of making money, well, why not? I wish them good luck and I'm also happy for them. As for myself, I'm happy enough to stick to George's original idea as it's still consistent for me after 5 months despite my limited knowledge and understanding.
Okay -- so I take it @George trades one pair (probably GBPJPY) and gets his fill of trades by trading spikes on the M1 chart. I think I sort of knew that before, but now it's more clear. But here's the deal -- I ain't @George. There's no way I'm going to earn 200 pips trading M1 -- on one chart or 100 charts. However, trading 28 pairs on M30 I do okay. I would like to follow @George's way more closely -- but I currently do not have the skills and I am NOT going to study...
