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Cable Update (GBPUSD)

  • #738,841
  • Apr 1, 2023 5:36am Apr 1, 2023 5:36am
Quoting MIKKI
if all else fail, cut loss and move on.One of many rules of trading ....Took me a long time to manage this but yip it is a the better option I use it when inneed.
Attached Image (click to enlarge)
Click to Enlarge Name: download.jpg Size: 6 KB
MY OPINION NOT FINANCIAL ADVISE
  • #738,842
  • Edited 9:08am Apr 1, 2023 5:43am | Edited 9:08am
historically, April is 'slightly' bullish
18/22
Most bullish month in terms of seasonal stats

Median body - 222
Median range - 548

(pic. body by month)
Attached Image (click to enlarge)
Click to Enlarge Name: mth bodies 6B.png Size: 65 KB
Air force
  • #738,843
  • Apr 1, 2023 10:15am Apr 1, 2023 10:15am
Is there any indicator on tradingview which measures how many pips a candle is high? from bottom to top including wigs.
You have an IQ lower than 90 if you interact with this user.
  • #738,844
  • Apr 1, 2023 10:36am Apr 1, 2023 10:36am
Quoting Ferna
Is there any indicator on tradingview which measures how many pips a candle is high? from bottom to top including wigs.
wigs = wicks?
made this. try.
Inserted Code
//@version=5
indicator("Candle metrics", overlay = false)
body = close - open
range_ = high - low
oh = high - open
ol = low - open
upwick = body > 0 ? high-close : high-open
lwick = body > 0 ? low-open : low-close
 
plot(body, title = "body", color = color.red)
plot(range_, title = "range", color = color.black)
plot(oh, title = "oh", color = color.orange)
plot(ol, title = "ol", color = color.purple)
plot(upwick, title = "up wick", color = color.rgb(0, 195, 255))
plot(lwick, title = "down wick", color = color.rgb(199, 43, 199))
Air force
  • #738,845
  • Apr 1, 2023 11:03am Apr 1, 2023 11:03am
Quoting W0lfram
{quote} wigs = wicks? made this. try. //@version=5 indicator("Candle metrics", overlay = false) body = close - open range_ = high - low oh = high - open ol = low - open upwick = body > 0 ? high-close : high-open lwick = body > 0 ? low-open : low-close plot(body, title = "body", color = color.red) plot(range_, title = "range", color = color.black) plot(oh, title = "oh", color = color.orange) plot(ol, title = "ol", color = color.purple) plot(upwick, title = "up wick", color = color.rgb(0, 195, 255)) plot(lwick, title = "down wick", color = color.rgb(199,...
Thank you! but the purpose is so it can be read in numbers to be easier on the eyes where you don't have too go in with the cursor and home in with the mouse where the cross is to find the range of that candle.

But very good you can choose between range of: Body, candle, open to high and open to low. Wicks etc..
Very good function indeed! in my case the whole candle.

If it could be a row of numbers, and each column is related to a candle.
I am wasting alot of time going back and forth to excel and Trading view, when i only need the number of the range of that candle, and if it was a green or red candle. Very slow with mouse and hard on the eyes.
Something like this:

Here 4 different candles of times: 10:25, 10:30, 10:35 and 10:40
Attached Image (click to enlarge)
Click to Enlarge Name: candl.png Size: 4 KB
You have an IQ lower than 90 if you interact with this user.
  • #738,846
  • Apr 1, 2023 11:52am Apr 1, 2023 11:52am
Quoting W0lfram
{quote} More bs trades next week. Let's see what happens @ weekly poc. {image} keep DD low...{image}
Hey W0lfram

Whats the name of the Volume indicator in your Chart?


Greetings
Andy
  • #738,847
  • Edited 12:35pm Apr 1, 2023 12:01pm | Edited 12:35pm
Quoting Ferna
{quote} Thank you! but the purpose is so it can be read in numbers to be easier on the eyes where you don't have too go in with the cursor and home in with the mouse where the cross is to find the range of that candle. But very good you can choose between range of: Body, candle, open to high and open to low. Wicks etc.. Very good function indeed! in my case the whole candle. If it could be a row of numbers, and each column is related to a candle. I am wasting alot of time going back and forth to excel and Trading view, when i only need the number...
I'm not that savvy in PineScript
Placing labels, etc. could result in massive code if you want tables or other objects on the chart
Are you constantly exporting data from TV to Excel?

Quote
when i only need the number of the range of that candle, and if it was a green or red candle.

if you only need this, maybe this solution will make things easier, to process data visually:
leave only 'range' time-series and place a reference line in indicator pane. And you have different candle colors by default...


Inserted Code
//@version=5
indicator("Candle metrics", overlay = false)
level = input(0.001, title = "Level")
range_ = high - low
 
plot(range_, title = "range", color = color.rgb(75, 123, 255))
plot(level, title = "Range treshold", color = color.black)
Air force
  • #738,848
  • Apr 1, 2023 12:05pm Apr 1, 2023 12:05pm
Quoting Jolita
{quote} Enjoy your rest, you deserve
thank you! Been a tough week actually only £500 taken in profit. Bit of R&R and focus
Insane in the Brain..
  • #738,849
  • Apr 1, 2023 12:07pm Apr 1, 2023 12:07pm
Quoting Alevsky017
{quote} Hey W0lfram Whats the name of the Volume indicator in your Chart? Greetings Andy
Hi
I used drawing tool
Attached Image (click to enlarge)
Click to Enlarge Name: TradingView_rLEHVAkZTN.png Size: 10 KB
Air force
  • #738,850
  • Apr 1, 2023 12:09pm Apr 1, 2023 12:09pm
Quoting BeeTogether
{quote} thank you! Been a tough week actually only £500 taken in profit. Bit of R&R and focus
How is Dubai?
How to succeed in zero sum game?
  • #738,851
  • Apr 1, 2023 12:40pm Apr 1, 2023 12:40pm
Quoting W0lfram
{quote} Hi I used drawing tool{image}
Thanks man
  • #738,852
  • Apr 1, 2023 1:54pm Apr 1, 2023 1:54pm
Quoting W0lfram
{quote} I'm not that savvy in PineScript Placing labels, etc. could result in massive code if you want tables or other objects on the chart Are you constantly exporting data from TV to Excel? {quote} if you only need this, maybe this solution will make things easier, to process data visually: leave only 'range' time-series and place a reference line in indicator pane. And you have different candle colors by default... //@version=5 indicator("Candle metrics", overlay = false) level = input(0.001, title = "Level") range_ =...
Yes, i ame extracting data from charts just for research. I'm not too technical in these programs. So i am not using this for indicators during trading, just studying correlations and context.

Can you show a picture? i think i found a solution already, but maybe yours is better larger numbers are good too.
You have an IQ lower than 90 if you interact with this user.
  • #738,853
  • Apr 1, 2023 2:44pm Apr 1, 2023 2:44pm
Quoting dempire1
{quote} How is Dubai?
warm but great. Thanks to the last month of cable I even afforded a 5 star hotel lol
Insane in the Brain..
  • #738,854
  • Apr 1, 2023 3:27pm Apr 1, 2023 3:27pm
Quoting BeeTogether
{quote} warm but great. Thanks to the last month of cable I even afforded a 5 star hotel lol
thats great. Enjoy!
How to succeed in zero sum game?
  • #738,855
  • Apr 2, 2023 3:13am Apr 2, 2023 3:13am
Quoting Buck0
{quote} Folks coming to a forum and talking smack about how others go about their business is comical...whats next?Is he gonna say you can't use technical analysis and things like Fibs are trash? I do just fine using S/R and trading off Fib levels. {image}
fibs are completely garbage yes, if you use them you are just as garbage as those fib lines LMAOOO
  • #738,856
  • Apr 2, 2023 3:18am Apr 2, 2023 3:18am
Quoting Jolita
{quote} No, how are your long trades doing? Have you banked your profits?
My strategy has a profit factor of 2.80 , meaning its extremely profitable and also meaning yes I booked some profits at the end of last week and as of right now I am shorting the EUR/CAD while also going long on the Pound Swissy and also the Kiwi Swissy
  • #738,857
  • Apr 2, 2023 4:58am Apr 2, 2023 4:58am
Quoting Bobbynouchet
{quote} My strategy has a profit factor of 2.80 , meaning its extremely profitable and also meaning yes I booked some profits at the end of last week and as of right now I am shorting the EUR/CAD while also going long on the Pound Swissy and also the Kiwi Swissy
Your GU trade was very good trade.
Only question why trade mini lots if you have top strategy?
EC broke up (weekly), after temporary correction should extend to 151 at least.
  • #738,858
  • Apr 2, 2023 5:13am Apr 2, 2023 5:13am
Quoting Jolita
{quote} Your GU trade was very good trade. Only question why trade mini lots if you have top strategy? EC broke up (weekly), after temporary correction should extend to 151 at least.
EUR/CAD will go down to around 1.45xxx before even thinking of seeing 1.51 again lmaooooo
  • #738,859
  • Apr 2, 2023 5:14am Apr 2, 2023 5:14am
Quoting Jolita
{quote} Your GU trade was very good trade. Only question why trade mini lots if you have top strategy? EC broke up (weekly), after temporary correction should extend to 151 at least.
To answer your mini-lot question, the answer is pretty simple: I do not trade for the money, nor did I get into trading for the financial gains. I simply think TA is an art form
  • #738,860
  • Apr 2, 2023 5:59am Apr 2, 2023 5:59am
Quoting Jolita
{quote} Your GU trade was very good trade. Only question why trade mini lots if you have top strategy? EC broke up (weekly), after temporary correction should extend to 151 at least.
Also I do things very differently, to give you an idea, most people risk 2% per trade, The EUR/CAD short I currently have open is a 23$ risk for a potential 690$ gain lmao, my starting balance was 2500$
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