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Swing Trades DAX/DOW/NQ/GOLD

  • #5,681
  • Edited 12:39am Jan 17, 2020 12:09am | Edited 12:39am
SnP L 3319

I will close last lot @ +0.25% zone

Closed +5p last lot
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  • #5,682
  • Edited 12:23am Jan 17, 2020 12:13am | Edited 12:23am
All 3 US markets have RTH TPO GAPs below. To early to short now, but GAPs will be filled sooner or later. Downside trgts.

DAX opened on Y RTH high so no RTH TPO GAP below
On my IG CFD chart there is a Monthly Res line @ 13.565. Already tested 1 time Jan 10th

GOLD remains waiting @ 1550/55 zone.
I wait for a Break Out above 1560 or below 1540 zone
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,683
  • Jan 17, 2020 12:37am Jan 17, 2020 12:37am
Quoting Brixen
{quote} 2020 will not be the same compared to 2019 Dutchy, only +9%............... {image} Trump's friends keep on pumping the markets more than ever!
Who cares.....

There is so much excitement between Jan 02 and Dec 30 2020
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  • #5,684
  • Jan 17, 2020 12:52am Jan 17, 2020 12:52am
All 3 US markets reached +0.25%. Time to wait for the US open now to see if they will lift to +0.5% +

DAX reached the 550 and stopped there as well. IG CFD chart there is a Monthly Res line @ 13.565.

Only CFDs running in DOW & NQ now
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  • #5,685
  • Jan 17, 2020 1:59am Jan 17, 2020 1:59am
market profile, percentage for mql4 - maybe we build ea for Dutchy as his a nice guy .
Attached File(s)
File Type: ex4 MarketProfile.ex4   25 KB | 412 downloads
File Type: mq4 MarketProfile.mq4   35 KB | 477 downloads
File Type: ex4 Percentage.ex4   20 KB | 431 downloads
File Type: mq4 Percentage.mq4   18 KB | 457 downloads
  • #5,686
  • Jan 17, 2020 2:01am Jan 17, 2020 2:01am
Quoting Pip-Miner
market profile, percentage for mql4 - maybe we build ea for Dutchy as his a nice guy . {file} {file} {file} {file}
Thank you, but all my program wishes/requests are already fulfilled

The only wish I have is to make a Swing trade robot. Not that complex
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,687
  • Edited 2:26am Jan 17, 2020 2:15am | Edited 2:26am
Quoting fxdk
Hi Dutchy. Those TPO gaps you often mention. What are those? what are you looking for? Can i see those on a normal marketprofile chart? Or is it just gaps from cashmarket?
Are there not normal MP charts?
MP is a data base and there is one normal MP chart only.

An example on the DOW of a TPO GAP
One screenshot 2 seperate Days. Yesterdays TPOs and Todays Dev TPOs
One screenshot Today and Yesterdays TPOs merged.
Both show the same which is a TPO GAP

A GAP is a zone were the market/price moved/rallied very fast to an up or down direction and therefor the trading in that showed GAP area was very fast and light. Most of the times markets will go back/re visit these areas again to trade there. Filling the GAP.

Or is it just gaps from cashmarket?
No. It happens also during ETH trading periods.
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  • #5,688
  • Jan 17, 2020 2:26am Jan 17, 2020 2:26am
Quoting Dutchy Daxy
{quote} Thank you, but all my program wishes/requests are already fulfilled The only wish I have is to make a Swing trade robot. Not that complex
No logic for tp or stop loss . Or can we use percentages for that.
Swing Trades:
When the price crosses above the "Swing" MA lines, I see that as a possible Bullish Trend signal.
When the price crosses below the "Swing" MA lines, I see that as a possible Bearish Trend signal.

Price above my Swing MA lines means Bullish for me.
Price also above the Ichi cloud means double Bullish confirmation. (often a "Swing"trade)

Price below my Swing MA lines means Bearish for me.
Price also below the Ichi cloud means double Bearish confirmation. (often a "Swing"trade)


But:

Price above my Swing MA lines (Bullish), but price below the Ichi cloud at the same time means short term/scalp counter move
Bullish trend & Bearish short term counter move means contradicting signals. Scalping down against the Bullish Swing flow/trend.

Price below my Swing MA lines (Bearish), but price above the Ichi cloud at the same time means short term/scalp counter move
Bearish trend & Bullish short term counter move means contradicting signals. Scalping up against the Bearish Swing flow/trend.


When my "Swing" MA line is flat, price will cross that line up & down/zig zaging (sideways market).
In most cases the price and the Ichimokou cloud are moving close to/or around the "Swing" T3 MA line.
No place to trade. Neutral zone. I wait for a break out.
  • #5,689
  • Jan 17, 2020 2:29am Jan 17, 2020 2:29am
DAX little short scalp. DAX tested the 550/+1.0% 2 times

T1 +10/11p
T2 +18p @ RTH POC 1 lot
1 runner left for maybe ETH POC @ 500/480 zone
FLAT +20/21p last lot
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  • #5,690
  • Jan 17, 2020 2:37am Jan 17, 2020 2:37am
Quoting Dutchy Daxy
{quote} Are there not normal MP charts? MP is a data base and there is one normal MP chart only. An example on the DOW of a TPO GAP One screenshot 2 seperate Days. Yesterdays TPOs and Todays Dev TPOs One screenshot Today and Yesterdays TPOs merged. Both show the same which is a TPO GAP A GAP is a zone were the market/price moved/rallied very fast to an up or down direction and therefor the trading in that showed GAP area was very fast and light. Most of the times markets will go back/re visit these areas again to trade there. Filling the GAP. Or...
Morning everyone, or evening for all aussies here,
Thanks for the explanation Dutchy, I have been trying to work out the answer to that question myself. The low volume shown by the indicator identifies the TPO pockets was my analysis of your explanation.
Could I also ask please what the name of the indicator is that shows the TPO pockets on your charts in pink, is it a bespoke one?
  • #5,691
  • Jan 17, 2020 2:43am Jan 17, 2020 2:43am
Quoting Pip-Miner
{quote} No logic for tp or stop loss . Or can we use percentages for that. Swing Trades: When the price crosses above the "Swing" MA lines, I see that as a possible Bullish Trend signal. When the price crosses below the "Swing" MA lines, I see that as a possible Bearish Trend signal. Price above my Swing MA lines means Bullish for me. Price also above the Ichi cloud means double Bullish confirmation. (often a "Swing"trade) Price below my Swing MA lines means Bearish for me. Price also below the Ichi cloud means double Bearish confirmation. (often...
Stoplosses:
In a Long trade I use the middle or downside of the cloud as a SL.
In a Short trade I use the middle or the upside of the cloud as a SL.


Percentage levels:

I use the %% levels as possible targets/turning or bounce points.

I watch Daily %% calculated from Yesterdays RTH close.
I watch Weekly %% calculated from last Week Fridays ETH close.

Right side %% %% levels are calculated from Yesterdays RTH/CASH close.
So every new Day there are new %%%% levels calculted from previous Day RTH close.

Blue %% %% levels are calculated from last Week Fridag ETH close and remain the whole Week the same. Monday morning new Weekly %% levels will show up again
  • #5,692
  • Jan 17, 2020 2:44am Jan 17, 2020 2:44am
Quoting Pip-Miner
{quote} No logic for tp or stop loss . Or can we use percentages for that. Swing Trades: When the price crosses above the "Swing" MA lines, I see that as a possible Bullish Trend signal. When the price crosses below the "Swing" MA lines, I see that as a possible Bearish Trend signal. Price above my Swing MA lines means Bullish for me. Price also above the Ichi cloud means double Bullish confirmation. (often a "Swing"trade) Price below my Swing MA lines means Bearish for me. Price also below the Ichi cloud means double Bearish confirmation. (often...
In Swing trades you can use the bottom of the Ichi cloud or the Swing MA line as a SL.
No targets in Swing trades. Nobody knows how high or low the price will go.

I only want to automate the entries and automate the SL as traling SL on the Swing MA line or bottom of the cloud (in case of a Long trade)

To use an bigger Renko size charts only. Renko 50 or more

On scalp charts its almost impossible (IMHO) to automate. Handwork
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  • #5,693
  • Jan 17, 2020 2:56am Jan 17, 2020 2:56am
GOLD looks it wants to go up to Wk PP @ 1570 zone

Current 1555.5

Time for US markets to cool off a little. (IMHO)
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,694
  • Jan 17, 2020 2:57am Jan 17, 2020 2:57am
Quoting Dutchy Daxy
{quote} In Swing trades you can use the bottom of the Ichi cloud or the Swing MA line as a SL. No targets in Swing trades. Nobody knows how high or low the price will go. I only want to automate the entries and automate the SL as traling SL on the Swing MA line or bottom of the cloud (in case of a Long trade) To use an bigger Renko size charts only. Renko 50 or more On scalp charts its almost impossible (IMHO) to automate. Handwork
Only problem is the renko . Can that be replaced with time candles ie hourly candle or an equivalent based on parameter value.
  • #5,695
  • Jan 17, 2020 3:03am Jan 17, 2020 3:03am
Quoting Pip-Miner
{quote} Only problem is the renko . Can that be replaced with time candles ie hourly candle or an equivalent based on parameter value.
As I explained earlier, MA lines/Ichi lines are very different calculated on Time based Candle charts & Renko charts.
The levels are plotted on different levels on Min & RE chart. You can't get them at the same level on both diff. charts

I'm working on CFD charts to try to automate the entries/etc. as written in my strategy
CFD IG are Minute candle charts only.
They have no decent T3 MA line. I have to fabricate one myself
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,696
  • Jan 17, 2020 3:46am Jan 17, 2020 3:46am
Dutch man sold billions of usernames and passwords

Police has arrested a 22-year resident of Arnhem/Netherlands on suspicion of offering online 12 billion stolen stolen logins and passwords . Users were able to view and download them for money.


We Dutch are dangerous.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,697
  • Edited 4:11am Jan 17, 2020 4:00am | Edited 4:11am
Quoting Dutchy Daxy
{quote} As I explained earlier, MA lines/Ichi lines are very different calculated on Time based Candle charts & Renko charts. The levels are plotted on different levels on Min & RE chart. You can't get them at the same level on both diff. charts I'm working on CFD charts to try to automate the entries/etc. as written in my strategy CFD IG are Minute candle charts only. They have no decent T3 MA line. I have to fabricate one myself
In mql4 you would need to run a renko chart generator to create the renko blocks. Than run an ea with your logic on the offline renko chart created. Only other challenge is your t3 ma line. Can that be replaced with another type of ma like Simple averaging, Exponential averaging,Smoothed averaging,Linear-weighted averaging. Seems there is some special logic with the t3 line you apply in your strategy.
these little guys survive bush fires amazing creatures echidna
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  • #5,698
  • Edited 4:34am Jan 17, 2020 4:16am | Edited 4:34am
Quoting Pip-Miner
{quote} In mql4 you would need to run a renko chart generator to create the renko blocks. Than run an ea with your logic on the offline renko chart created. Only other challenge is your t3 ma line. Can that be replaced with another type of ma like Simple averaging, Exponential averaging,Smoothed averaging,Linear-weighted averaging. Seems there is some special logic with this t3 line you apply in your strategy.
I use the T3 line for 6/7 Year now. I can dream where this line will go to or starts to curve/etc.

That will be hard to replace that line.

T3 (Tilson 3 ) is build on 3 EMA lines.

Developed by Tim Tillson, the T3 Moving Average is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. However, it bears the disadvantage of overshooting the price as it attempts to realign itself to current market conditions.
It incorporates a smoothing technique which allows it to plot curves more gradual than ordinary moving averages and with a smaller lag. Its smoothness is derived from the fact that it is a weighted sum of a single EMA, double EMA, triple EMA and so on. When a trend is formed, the price action will stay above or below the trend during most of its progression and will hardly be touched by any swings. Thus, a confirmed penetration of the T3 MA and the lack of a following reversal often indicates the end of a trend.

The T3 Moving Average generally produces entry signals similar to other moving averages and thus is traded largely in the same manner. Here are several assumptions:
If the price action is above the T3 Moving Average and the indicator is headed upward, then we have a bullish trend and should only enter long trades (advisable for novice/intermediate traders). If the price is below the T3 Moving Average and it is edging lower, then we have a bearish trend and should limit entries to short. Below you can see it visualized in a trading platform.

Although the T3 MA is considered as one of the best swing following indicators that can be used on all time frames and in any market, it is still not advisable for novice/intermediate traders to increase their risk level and enter the market during trading ranges (especially tight ones).

In a bull trend, if the market pulls back to the moving average, we can fairly safely assume that it will bounce off the T3 MA and resume upward momentum, thus we can go long. The same logic is in force during a bearish trend.

And last but not least, the T3 Moving Average can be used to generate entry signals upon crossing with another T3 MA with a longer trackback period (just like any other moving average crossover). When the fast T3 crosses the slower one from below and edges higher, this is called a Golden Cross and produces a bullish entry signal. When the faster T3 crosses the slower one from above and declines further, the scenario is called a Death Cross and signifies bearish conditions.

http://www.tradingpedia.com/forex-tr...age-indicator/

T3 = c1*e6 + c2*e5 + c3*e4 + c4*e3, where:
– e1 = EMA (Close, Period)
– e2 = EMA (e1, Period)
– e3 = EMA (e2, Period)
– e4 = EMA (e3, Period)
– e5 = EMA (e4, Period)
– e6 = EMA (e5, Period)
– a is the volume factor, default value is 0.7 but 0.618 can also be used
– c1 = – a^3
– c2 = 3*a^2 + 3*a^3
– c3 = – 6*a^2 – 3*a – 3*a^3
– c4 = 1 + 3*a + a^3 + 3*a^2

https://help.tc2000.com/m/69445/l/75...moving-average
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,699
  • Jan 17, 2020 4:23am Jan 17, 2020 4:23am
Quoting Pip-Miner
{quote} Stoplosses: In a Long trade I use the middle or downside of the cloud as a SL. In a Short trade I use the middle or the upside of the cloud as a SL. Percentage levels: I use the %% levels as possible targets/turning or bounce points. I watch Daily %% calculated from Yesterdays RTH close. I watch Weekly %% calculated from last Week Fridays ETH close. Right side %% %% levels are calculated from Yesterdays RTH/CASH close. So every new Day there are new %%%% levels calculted from previous Day RTH close. Blue %% %% levels are calculated from...
Daily %% levels for scalping only.
Weekly %% levels for poss Swing trade targets. Depends on (fake)news/rumors/roll over weeks/etc.
It's better to be out wishing to be in... than to be in wishing to be out!
  • #5,700
  • Jan 17, 2020 4:38am Jan 17, 2020 4:38am
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