DislikedIt felt only logical to do this as well for the (first) strategy. {image} {file}Ignored
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Trading in Daylight Saving Time (DST)..City Index 0 replies
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DislikedI have updated the codes for both Indicators adding the 1H setup description below: https://www.tradingview.com/script/p...pbfx-Daylight/ https://www.tradingview.com/script/v...fx-Williams-R/ Description: Added the Agressive Hourly Option published by LauraT - This is a 1H chart setup, it has only been tested on this timeframe! - Toggle "Show 1H Setup" on Settings to apply values on both Indicators (Daylight/Williams...Ignored
Disliked{quote} No problem.......will start posting my charts here for our learning. Happy tradingIgnored
DislikedI missed it unfortunately, but hopefully some of you caught this nice drop on GU. {image}Ignored
Disliked{quote} i took the shorttrade before for a -23 pips loss;-) {image}Ignored
DislikedAggressive Hourly Option I was going to avoid mentioning this until later in the thread but I'm conscious that some people might want more aggressive entries. Here's an option for you. I would advise you trade this style on the hourly charts only. I haven't tested it on other timeframes and I have a feeling it won't perform as well on them. Shorter will contain too much noise and longer will involve massive swings in capital. We still use a 5 period smoothed moving average on the main chart but this time we have two of them. One is set to the High...Ignored
Disliked{quote} Why do you call this aggressive option? It seems 1 hour is much slower and better than doing it on 15mins TF.Ignored
DislikedThere is also a more aggressive approach traders can take using the original template. See chart for details: {image} Here you will notice that I anticipated a cross of the blue and red lines before it happened. This can get you in at some nice spots, but please be aware that it will also have a higher failure rate. Ultimately we are constantly having to choose between 'safer' entries or 'value' entries. Both have their pros and cons.Ignored
Disliked{quote} Hi Laura, what if the opposite occurs where the price hasn't closed above/below the channel but the blue-red lines have crossed? Thank you.Ignored
Disliked{quote} Greetings LauraT..... This is the way I have been trading for the past 2 years now...... 5 SSMA - high. 5 SSMA - low. Timeframe - H1 or M30. After the signal candle that break/close above/below the channels.....I normally wait for the next candle to close above/below the signal candle and this second candle must not touch the channel.....so my entry candle is the next candle....which is the third candle. Happy tradingIgnored
DislikedI missed it unfortunately, but hopefully some of you caught this nice drop on GU. {image}Ignored