Trading the Cable swings via averages | Page 296 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Identifying Market Swings - Medium and Long Term Trading 619 replies

Trading With Moving Averages 72 replies

Moving Averages Zone Trading 10 replies

HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies

Via indicator: trading xxxyyy via zzz 0 replies

Attachments: Trading the Cable swings via averages
Exit Attachments

Trading the Cable swings via averages

  • #5,901
  • Feb 28, 2020 12:50am Feb 28, 2020 12:50am
Quoting Nala66
I deleted that last post because it was wrong. It cannot be an ABCD because it chops off the RSI in the red square. {image} This is V1.6
Hi Alan,
I completely missed that element of the Targeting, great to get your experience in reviewing the indi, I have amended the code in V1.8 to ignore all triangles in which the RSi breaks the HHLL/LLHH of the line between C and the pivot being targeting. Hope it's a bit more accurate now
Cheers...Des
Attached File(s)
File Type: ex4 Alans_Target V1.8.ex4   60 KB | 257 downloads
  • #5,902
  • Feb 28, 2020 1:11am Feb 28, 2020 1:11am
Quoting des_b
{quote} Hi Alan, I completely missed that element of the Targeting, great to get your experience in reviewing the indi, I have amended the code in V1.8 to ignore all triangles in which the RSi breaks the HHLL/LLHH of the line between C and the pivot being targeting. Hope it's a bit more accurate now Cheers...Des {file}
You are doing awesome work Des, thanks a lot. So valuable.
Will check out this version soon.
Trading S/R with PA only. No indicators anymore!
  • #5,903
  • Feb 28, 2020 1:15am Feb 28, 2020 1:15am
I made 3 adjustments to the M5 ABCD. target is 1.2901 now
Trading S/R with PA only. No indicators anymore!
  • #5,904
  • Feb 28, 2020 1:32am Feb 28, 2020 1:32am
Quoting Jazz1964
I made 3 adjustments to the M5 ABCD. target is 1.2901 now
Target hit!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 93 KB

I admit this was not the best way to deal with the hedge I was slipped there a few pips negative and stayed perplex.
Trading S/R with PA only. No indicators anymore!
  • #5,905
  • Feb 28, 2020 1:42am Feb 28, 2020 1:42am
Quoting des_b
{quote} Hi Alan, I completely missed that element of the Targeting, great to get your experience in reviewing the indi, I have amended the code in V1.8 to ignore all triangles in which the RSi breaks the HHLL/LLHH of the line between C and the pivot being targeting. Hope it's a bit more accurate now Cheers...Des {file}
Perfect adjustment IMHO,
just all those horizontal lines...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
Trading S/R with PA only. No indicators anymore!
  • #5,906
  • Feb 28, 2020 3:06am Feb 28, 2020 3:06am
Quoting des_b
{quote} Hi Alan, I completely missed that element of the Targeting, great to get your experience in reviewing the indi, I have amended the code in V1.8 to ignore all triangles in which the RSi breaks the HHLL/LLHH of the line between C and the pivot being targeting. Hope it's a bit more accurate now Cheers...Des {file}
Gets ever more complex hey, I bet your head is spinning like mine.
  • #5,907
  • Feb 28, 2020 3:09am Feb 28, 2020 3:09am
Quoting Jazz1964
{quote} Perfect adjustment IMHO, just all those horizontal lines... {image}
Jazz can you turn your entries to off because it makes the chart harder to see?
  • #5,908
  • Feb 28, 2020 3:13am Feb 28, 2020 3:13am
I hope this makes it a tad clearer to spot these adjustments
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
  • #5,909
  • Feb 28, 2020 3:13am Feb 28, 2020 3:13am
Quoting Nala66
{quote} Jazz can you turn your entries to off because it makes the chart harder to see?
Only reason for this pic upload was to show the imho 'buggy' horizontal lines which are drawn by the indicator, at my side.
These horizontal lines are not entries
Trading S/R with PA only. No indicators anymore!
  • #5,910
  • Feb 28, 2020 3:17am Feb 28, 2020 3:17am
Quoting Nala66
I hope this makes it a tad clearer to spot these adjustments {image}
"The D resistance becomes support"
such a nice observation!
Trading S/R with PA only. No indicators anymore!
  • #5,911
  • Feb 28, 2020 3:22am Feb 28, 2020 3:22am
Quoting Jazz1964
{quote} Only reason for this pic upload was to show the imho 'buggy' horizontal lines which are drawn by the indicator, at my side. These horizontal lines are not entries
Hi Jazz,
will test a fix for the "buggy lines" over the weekend, I agree they should be removed by the code as they do look messy
Cheers...Des
  • #5,912
  • Feb 28, 2020 3:26am Feb 28, 2020 3:26am
Quoting Jazz1964
{quote} "The D resistance becomes support" such a nice observation!
I'm sure I have mentioned this before.

What I did not show on the chart above was the hidden divs that sent it up in the first place
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB
  • #5,913
  • Feb 28, 2020 3:31am Feb 28, 2020 3:31am
I am not sure in what way I 'll go on to share my grown experience and increasing trading here. There is not much reaction in remarks or even by which makes me think that it is not of much value. I am not sensitive or searching for a pat on the back, just that it should make sense to show what I am doing and looking for. Everybody here knows about the struggle I had myself first part of 2019, with mindset and pro-active executions. Sticking to the plan and thinking like Alan regarding to chart mechanics brought me to where I am now. I really am ready to give a bit back to the community here if I am sure it is worthwhile and of value.
Have a good weekend all!
Trading S/R with PA only. No indicators anymore!
  • #5,914
  • Feb 28, 2020 3:33am Feb 28, 2020 3:33am
Quoting des_b
{quote} Hi Jazz, will test a fix for the "buggy lines" over the weekend, I agree they should be removed by the code as they do look messy Cheers...Des
Jazz,
the messy lines relate to a target from around 2.30 on 27th which have not been hit as yet, is there a point at which these become redundant, if so I can add a condition to reflect this, happy to know Alan's opinion on this as well
Cheers...Des
  • #5,915
  • Feb 28, 2020 3:35am Feb 28, 2020 3:35am
Quoting Jazz1964
I am not sure in what way I 'll go on to share my grown experience and increasing trading here. There is not much reaction in remarks or even by which makes me think that it is not of much value. I am not sensitive or searching for a pat on the back, just that it should make sense to show what I am doing and looking for. Everybody here knows about the struggle I had myself first part of 2019, with mindset and pro-active executions. Sticking to the plan and thinking like Alan regarding to chart mechanics brought me to where I am...
I haven't been commenting much as life has gotten in the way of trading ATM I'm still reading I for 1 value your posts and what U are doing here as well as Nala it would be a shame if you didn't post as much.
I'll try and be more active as I get great value from this thread.
  • #5,916
  • Feb 28, 2020 3:45am Feb 28, 2020 3:45am
Hi Jazz just to let you know that I love the input that you put to this thread and it is much appreciated, I am still trying to catch up on Alan's system and look forward to the inputs of all you guys.
Hi Jazz
  • #5,917
  • Feb 28, 2020 3:55am Feb 28, 2020 3:55am
Quoting Jazz1964
I am not sure in what way I 'll go on to share my grown experience and increasing trading here. There is not much reaction in remarks or even by which makes me think that it is not of much value. I am not sensitive or searching for a pat on the back, just that it should make sense to show what I am doing and looking for. Everybody here knows about the struggle I had myself first part of 2019, with mindset and pro-active executions. Sticking to the plan and thinking like Alan regarding to chart mechanics brought me to where I am...

Jazz

I find your posts very valuable and i have learnt a lot from yours and other posts as well.
I am in Uk and work full time so in between trading and work , posting is difficult.
I tend to have time to trade on Friday mornings , which i find very choppy.


This morning I had 2 sell positions which i did not hedge and got stopped out for a small gain.

My issues are down to me and my mind:

At the moment i am trying to work on these:

learning to put in more than 1 position and moving the stop loss to break even
where to put stop loss ( i get stopped out and the market goes in the direction i was trading which is fustrating)
where are the most appropriate zoo.
and not risking too much , walk away when i get stopped out 2 or 3 times.

Have a good weekend all.


L
  • #5,918
  • Feb 28, 2020 3:58am Feb 28, 2020 3:58am
Quoting des_b
{quote} Jazz, the messy lines relate to a target from around 2.30 on 27th which have not been hit as yet, is there a point at which these become redundant, if so I can add a condition to reflect this, happy to know Alan's opinion on this as well Cheers...Des
I don't know what is going on with those lines... This is my 5m chart with V1.6 and I don't have any of them???????????????
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB


Except the latest ones of course
  • #5,919
  • Feb 28, 2020 4:04am Feb 28, 2020 4:04am
One way you can show Jazz your appreciation is to click the thumbs up (bottom right) He will then get the message that at least you have read the stuff.
  • #5,920
  • Feb 28, 2020 4:04am Feb 28, 2020 4:04am
Quoting Nala66
I hope this makes it a tad clearer to spot these adjustments {image}
Alan or Jazz

I had the RSI divergence line cutting thru that high pivot on the adjusted ABCD so did not plot that one. Is that still the correct rule on an adjusted ABCD.

John
13 traders viewing now