Islander and Medici trade the European open

Quoting medici

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{quote} To me the Hull MA is for identifying the homeruns, such as 5.30am this morning and 4.30pm and 6pm yesterday. It gives the confidence that a big swing is in the offing. Note also that the 6.7 ATR line has a function, such as around 4.30pm yesterday. Why 6.7? Because it's three times the square root of five! Essentially, the Hull MA is an improved LWMA as it is a smoothing of LWMA(200) + (LWMA(200)-LWMA(400)) where the second term is an error correction terms similar to what is used in various technological applications for everything from...

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Quoting Islander

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{quote} Thanks M, I'll look into your ideas over the weekend

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Quoting medici

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I missed this one, but it's still a beautiful picture {image}

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Quoting OAPDave

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Thanks Islander Just got to catch up with all your and medica terminology Here is my kitchen sink 1 min view, with the need for sunglasses {image}

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Quoting OAPDave

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Medici To be fair I think its good that you can mimic any indicator that you have no got, with one you have As an induvial we can only trade with the amount of data that shows the picture we want to see on our chart I have enclosed a set of screenshots based on 1min but with different a Octave Grid sizes that show what I call Chart Sifts needed to match the number of calculated bars The MM 64 clearly shows the Chart Shift Trend falling in tandem with PRICE The last 3 screen shots Show Parisboy FLD set to 32 again showing Trend To me This setup Lets...

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Quoting medici

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{quote} Thank you Dave, much appreciated. I have learnt much from what you have shared so far, and I hope I can bring something in return at some point. But I have to apologise for a shortcoming of mine - I don't have DAX on my platform, and neither do I have the MM lines, and that's with a broker voted #1 futures broker in the world by TradingView. So I have difficulties comparing your chats with mine. Still, I find them helpful. So thanks again

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Quoting OAPDave

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{quote} Medici You can mimic the Murrey Octaves by altering your FIB TOOL to 1/8ths example 0 125 250 375 500 625 750 875 100 Screenshot GbpUsd 1min set to a Murrey 1440 ps the reason I have moved over to the Dax is the sheer range as you spotted the other day it had a 1000 pip range so surely their must be some nice little 1min trends. Also give some thought on how does the Daily Range expand to get to 1000 pips {image} {image}

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Quoting medici

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{quote} Dave, thanks for that. Yes, I gave up on fx about 10 years ago as the volatility was declining. To begin with it was DAX only, but then I grew tired of it's rather noisy way of going where it needs to go. So these days it's the Nasdaq index futures only. Love it. I am somewhat familiar with MML and related Gann concepts, but I like keep things simple and based on my own perception and thinking. Here my 15m chart which relates to your 1m chart of GBPUSD. As you can see, the 45 period Stochastic MACD is virtually identical to your RSI(666),...

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Quoting OAPDave

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{quote} Great Chart Not to sure if we start of with Complicated charts first before we make them Simple over time or Simple charts before we make them Complicated over time Thanks Dave

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Quoting medici

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{quote} For me the journey has gone both ways, backwards and forwards, slowly converging towards something lasting based on envelopes. And progress happening through meeting with the experienced and skilled, such as yourself Just to extoll the virtues of the Stochastic MACD see my 1m of GBPUSD below. Not sure whether I'd bother with a 1m chart if I had to trade this pair though... {image}

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Quoting jojofx

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{quote} Hello mate, do you mind sharing these indicators and settings please? I'd like to test this strategy during free time while i wait for my trades. Sorry if you already posted it in the past

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Quoting medici

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{quote} Happy to share Basically, it's very simple: It's about percentage envelopes around various EMAs. On 1m there are the 50 and 800 period EMAs. On 5m 160 corresponds to EMA800 on 1m and to EMA50 on 15m, which is a nice timeframe for trade planning for the day. Then one may look at longer timeframes too. The percentage levels depend on timeframe but are some of 0.25%, 0.5%, 1%, 1.5%, 2%, etc. For example, on 4h the 4% level around EMA50 is interesting. For oscillator signals I like Stochastic MACD, i.e. MACD applied to the output of...

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Quoting jojofx

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{quote} Thank you for taking the time to give all the details mate, that's very kind. I'll try to replicate the same 1min charts you using (or at least close to your charts), with some indicators i found around. And i'll try to read some of the old posts to check how you and Islander exactly trade. Cheers.

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