Got in UJ. Not my favourite setup but we'll see.
- #5,033
- Edited 7:39am Apr 30, 2020 7:22am | Edited 7:39am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
This is my only day trade so far today.
EDIT: I just closed it for almost +50 pips. I got out because I was worried about economic news that might be coming out at 8:30 EST.
EDIT: I just closed it for almost +50 pips. I got out because I was worried about economic news that might be coming out at 8:30 EST.
Always a Student, Never a Master - Emulate What Works
- #5,034
- Apr 30, 2020 7:38am Apr 30, 2020 7:38am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
{quote} Swingman posted a fixed version for this. check the post and download the file again
https://www.forexfactory.com/showthr...5#post12909615
Always a Student, Never a Master - Emulate What Works
- #5,039
- Edited 9:37am Apr 30, 2020 9:27am | Edited 9:37am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
{quote} I didn't pay attention to @RobinHood's settings. My good friend Hull recommended the value 2 - here is his original article and formula: https://alanhull.com/hull-moving-average @RobinHood recommended the value 3, so you should take @RH's value. You can also experiment with 4, or 5, etc. Also for stochastics or RSI you do not take the standard values of the default indicators, but what @RobinHood recommended!
It has to do with the dots in the smTMMS Oscillator_v5.0 (I haven't started using v7.0 yet).
Compare them in the 2 charts below:
Hull_Divisor at 2.0
At 2.0, the dots are ALWAYS red/orange or blue/light blue.
Hull_Divisor at 3.0
At 3.0, they are not. They can ALSO be red/blue or blue/orange.
I use this setting because the dot colors immediately draw my attention to the fact that the trend might be changing.
Always a Student, Never a Master - Emulate What Works
- #5,040
- Edited 12:05pm Apr 30, 2020 10:07am | Edited 12:05pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,756 Posts
Here is my updated template that I am currently using. I just made some minor changes.
1. I changed the SlateGray line in the lower window (smTMMS) to Dark Violet because it makes it easier to see the Yellow line crossing it.
2. I changed the Period Q, R and S (smTMMS) from 10, 10, 10 to 9, 9, 9.
3. I changed the DarkGray vertical bars (smTMMS) to White to make them easier to see.
4. I added a Market Open Times indicator so I can easily see when different markets open.
Here's what it looks like:
Here's that indicator:
Here's the template, it's called: # 4c+ >>>
NOTE: In order for the template to work, you must first rename your smTMMS Oscillator_v5.0 to smTMMS Oscillator_v6.0 before you apply the template to a chart.
1. I changed the SlateGray line in the lower window (smTMMS) to Dark Violet because it makes it easier to see the Yellow line crossing it.
2. I changed the Period Q, R and S (smTMMS) from 10, 10, 10 to 9, 9, 9.
3. I changed the DarkGray vertical bars (smTMMS) to White to make them easier to see.
4. I added a Market Open Times indicator so I can easily see when different markets open.
Here's what it looks like:
Here's that indicator:
Here's the template, it's called: # 4c+ >>>
NOTE: In order for the template to work, you must first rename your smTMMS Oscillator_v5.0 to smTMMS Oscillator_v6.0 before you apply the template to a chart.
Always a Student, Never a Master - Emulate What Works