SwingMan - the Holy Grail might be useful if one considers a variable ADR...
Indeed, EURUSD was down ADR 185% on Tuesday.
Indeed, EURUSD was down ADR 185% on Tuesday.
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DislikedGeorge I think we have already said that when something that as been buried for a long time gets dug up, it often's turns out to be treasure , well i have tried to reproduce as best I can the Daily, 4 hr and 60 min Tunnels for the pairs mentioned and there individual set ups, and after printing it around 20 years ago, to me all his work and data collection seems to hold up pretty good today, Which leads me to say I think its treasure been dug up I will just show the Daily Tunnels, although I have done the 4 hr and 60 mins as I have said. This is...Ignored
Disliked{quote} Of course, the old idea is still valid, and R4M has programmed a "modern" version. For your indicators please check if the distance of the tunnels is constant (89 etc. pips). That was the idea in the first part. In the second part, Vegas has calculated medians, but in Excel, and probably there are no indicators. Now I program as in the posted indicator the medians for the distances Open/Hilo and will post sometime. I am also waiting for an answer from @Nih98 for a detail in the calculation of his ATR, because his values are slightly larger...Ignored
DislikedGeorge I am sorry but I have deleted my posts and given up even trying to get any interest going in the thread topic DaveIgnored
Disliked@Dave I'm setting up a strategy like your where the grid distance is based on ADR% (in this picture spacing=50% ADR). We all know the key ingredient will always remain the MM. Haven't said that I'm also trying to figure out how to filter the loosing entries in order to increase win rate and avoid using MM {image}Ignored
DislikedGood morning Woke up this morning and saw my short AUDUSD from today daily open hit TP for risk/reward 1:2. Nice startIgnored
Disliked{quote} Great stuff Merka, looked a real nice trade clean trade, yesterday finished near the low and then broke the low and just continued down, any chance of showing your chart, as it might encourage others to have ago and post DaveIgnored
DislikedOnly entries for me today would have be initiated by news, so did not take them, hence sitting on the side lines at the moment {image}Ignored