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Market Structure Only- keep your charts clean

  • #1,082
  • Oct 8, 2021 8:14am Oct 8, 2021 8:14am
Quoting 934rex
Wondering what UJ is up to on a Friday!!! https://www.tradingview.com/chart/US...-Alignment-UJ/ {image} {image}
i took the sort on uj. grabed 3r out of it. will see next week what happens next. for now its a rangebound situation, we let others give us direction and then we jump in
some scalping on 15s gu for fun
and a sort running on us30 (could hit sl, dont mind it is only 0.5r, the rest of the day has me covered)

thats is all and i am done for the week.

ps. stops should already be at be for the crypto. proctect your capital even it is just 0.5r (bitcoin should be 1r at least now)
offering my system to copy trade. check my link
  • #1,083
  • Oct 8, 2021 8:16am Oct 8, 2021 8:16am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 204 KB


15s pound easy money if fast enough
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.jpg Size: 87 KB
offering my system to copy trade. check my link
  • #1,084
  • Oct 8, 2021 8:43am Oct 8, 2021 8:43am
Quoting nikosk0
btc etherioum and stocks likelly for a drop with nfp today stops at previous highs on the daily tf pound and euro still bearish. watch itdont trade it. use mean reversion after the next drop. dont trade now. danger and traps lurk around the corner. gl
I agree! Great advice! cautious price levels. Start fresh next week.
  • #1,085
  • Oct 8, 2021 8:51am Oct 8, 2021 8:51am
good, I share this indicator in case it is useful, if it bothers or you tell me something and I delete it, greetings
Attached File(s)
File Type: ex4 ZigZag_HH-HL-LH-LL_B.ex4   50 KB | 405 downloads
File Type: mq4 ZigZag_HH-HL-LH-LL_B.mq4   52 KB | 568 downloads
  • #1,092
  • Oct 12, 2021 7:15pm Oct 12, 2021 7:15pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 89 KB
  • #1,094
  • Edited 5:13am Oct 13, 2021 3:53am | Edited 5:13am
Quoting 934rex
EU BIRD VIEW M30 https://www.tradingview.com/x/jggawkmx/ EU POSSIBLE SELL/SHORT SETUP https://www.tradingview.com/x/dkH3tpGN/ {image} {image}
i am long from the bottom but i couldnt post it since it is not a structure trade.

structurewise, your sort setup looked ok but it did have a big fatal flow on an already extended market (btw, the fact that to me is extended does not neceserilly mean that it actually is)
the LL wasnt clean or big enough for that matter and the daily tf had potential for an up move.
all indicators should read divergence on the 4hr and the daily tf as well as oversold. not that i trade with indis but most of the time i know what they say by looking at the charts
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 66 KB


for me to be correct, i need this to break so i can keep my trade open. if it does not break i will get out.
also fomc today, the move at night should be massive.

good luck
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.jpg Size: 34 KB
offering my system to copy trade. check my link
  • #1,097
  • Oct 14, 2021 8:15am Oct 14, 2021 8:15am
Quoting javipenjamo
good, I share this indicator in case it is useful, if it bothers or you tell me something and I delete it, greetings {file} {file}
I'm trying your indicator but I remove the zig zag by using no color and just using HH,HL,LL,LH tags for a reminder. let's see how it goes.
Thanks!
  • #1,098
  • Edited Oct 15, 2021 8:23am Oct 14, 2021 10:19am | Edited Oct 15, 2021 8:23am
So another trade triggered! Should be interesting with the upcoming news, Lets se what happens.
This is the zig zag indi withe HH,LL,HL,LH. I put no color on the actual zig zag line. It's interesting and very busy putting labels on some pretty insignificant waves . first time I tried it so may leave it for a little longer but not sure. It does remind me of the rules but we still need to visually verify these price levels
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 94 KB
This is with HL & LH set to the background color which is black in my case. This is what nikoskO suggested and I think it's a lot better for our purposes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4 zz5.png Size: 93 KB
  • #1,099
  • Oct 14, 2021 11:07am Oct 14, 2021 11:07am
Quoting henn9
So another trade triggered! Should be interesting with the upcoming news, Lets se what happens. This is the zig zag indi withe HH,LL,HL,LH. I put no color on the actual zig zag line. It's interesting and very busy putting labels on some pretty insignificant waves . first time I tried it so may leave it for a little longer but not sure. It does remind me of the rules but we still need to visually verify these price levels{image}
TRY REMOVING THE LH AND HL

we dont use them anyway. sorry for capps

loogs good enough for an indi though. it does mark insignificant levels but its kinda ok for starters
offering my system to copy trade. check my link
  • #1,100
  • Edited Oct 15, 2021 8:30am Oct 14, 2021 12:16pm | Edited Oct 15, 2021 8:30am
Quoting nikosk0
{quote} TRY REMOVING THE LH AND HL we dont use them anyway. sorry for capps loogs good enough for an indi though. it does mark insignificant levels but its kinda ok for starters
Ok I will!
This is with the exdepth parameter set from 5 to 9 which takes out some of the insignificant HH and LL and this number can be played with to make it more or less sensitive to the price waves.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4 -2.png Size: 93 KB
and this was with the exdepth parameter set at 5 which is default and with the LH and HL blacked out to the background color like above pic
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4 zz5.png Size: 93 KB
What do you think?
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