LFX Trading Proverbs

Second lucky shot ...

Sniper's ergodic 6/6/6/12?

no, sir...

Third shot wrong pattern ... lesson taken...

- 17 pips...

Did you take a sell, but the market went up? If so, you need to fix that.

Yes, it was a case...

The last thing you need is to head fake yourself. Fix the indicator or delete it.

There was cross but wrong pattern ... first two entries was a good patterns, third was no pattern just cross ... cross is not enough to get advantage... conditions makes advantage cross is only trigger.. I think.
Have good weekend ...

The idea is to track the price as it moves up and down from your moving average. If the oscillator is showing price moving down, but it is moving up, then you are not tracking price properly. The signal line of the oscillator should move with price...period. How are you supposed to trade consistently if it is not following price? How are you going to see head fakes and consolidation zones if there is no mismatch between time frame oscillators? Of course, I cannot see the candles, so I do not know if it was in consolidation, but if you lost 17 pips, and since your entry/exit line is at an upward angle, it seems your indicator head faked you. Up to you to decide. It took me a long time to figure it out and there were many, many, many modifications along the way, hence Proverb #2.

https://www.forexfactory.com/thread/...81#post7422181

got it ...

Coming week have to check this ....

Does not work... will not push it ...

Take look on indicator i middle of the screens... looks like trader nightmare
Yellow line is 1 SMA on the top of bars at close of the candle... its Fisher oscillator by Yurik with period of 5.


This is same picture but after refreshing screen after few hours... past always look betterthen NOW. I know may younghood was fantastic ...

Tomw next type of indicators on my screens ...

For whatever reason, joke or intentional, the Fisher was altered by someone. It is supposed to be gaussian, so you need to open it in MetaEditor, then search for "mathlog" and make sure the value next to it is "0.25". Also, understand that is a median indicator, not a moving average indicator. It repaints on new median data. I used to experiment with it to see if I could make it a valid signal by using an attached Bollinger band of 5 periods, then adding the 1 SMA. Because each new candle begins at 0 and advances as the median value is calculated, the Bollinger bands help to keep the position more stable. As they cross the 0 line, it gives more validity to the probability. For me, it looked great in history, but was difficult to use in live trading. I prefer to see crosses of my moving average buying/selling dividing line, not the median value, which will always occur later than a moving average cross. It is a fun indicator, but its ability to show consistent signals is too lacking to me. Back to Proverbs 2, lol, if it is broken, don't use it. But, that is me and how it fits into my definition. By the way, when I did try to use it, I thought 10 periods was a bit less whipsawy and since it is a gaussian design, it is the better value to use. Good Luck with it.

Yes Sir,
I changed code according your instructions posted in 2012 in your blog ...


But tomorrow will run parallel both non changed and changed to prove myself that i didn't mess it up

BR
BN

What do you think about J.Ehlers indicators? Collected few of them and they are next in a row for testing...

Because each new bar starts at 0, I used Bollinger bands to help gauge the time frame signal strength.

I do not think I have ever used Ehler indicators, so no opinion.

I am still working ...

... and still working ... inspired Dkrock today's post elsewhere came to new concept ...

is there any chance this will work ?