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Tease Me more @cpfleger

  • #1,161
  • Oct 11, 2023 2:23am Oct 11, 2023 2:23am
Wow looks like I've got a lot of catching up to do
  • #1,162
  • Oct 11, 2023 2:45am Oct 11, 2023 2:45am
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Another test completed
From tiny pips mighty oaks grow
  • #1,163
  • Oct 11, 2023 2:47am Oct 11, 2023 2:47am
Both hit TP.. But I have the following question.

As you can see NZDUSD I entered in 5min TF, but after sometime it changed channel direction. In that scenario do I close my position since channel direction changed even though the dotted and support remains same? The rules say exit at the last vertical colored line or SR lines.

Can someone help. Thanks
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  • #1,164
  • Oct 11, 2023 3:14am Oct 11, 2023 3:14am
Quoting Boo15
{image} Another test completed
Hi Boo , no channel indi ?
  • #1,165
  • Oct 11, 2023 3:21am Oct 11, 2023 3:21am
Quoting pret
{quote} Hi Boo , no channel indi ?
Nope, I prefer it without the channel
From tiny pips mighty oaks grow
  • #1,166
  • Oct 11, 2023 3:54am Oct 11, 2023 3:54am
@boo15
You just like robbing the bank ; great trade, wish you more pips. And thanks to ronin and cpfleger, we are always grateful...
  • #1,167
  • Oct 11, 2023 3:59am Oct 11, 2023 3:59am
Quoting Ronin-
As stated before, once the trend has formed. The question is pullback or reversal when the opposite SR Lines appear. This requires human input to decide......... As handy148 has stated market structure... If you look at EURUSD this morning it is ranging so waiting........ I did not need an indicator to determine that. As stated by C the indicator is just a tool can not be blindly followed. There are potential improvements of the indicator and system.
Therefore, I recommend a good filter, Stoch 34 6 2 very suitable for the M15.
I picked it up from digger1 in another thread and if you watch it very closely you will see how nicely it works.
I would recommend for this system here not to enter trades unless both bands of the Stoch are below 20 or above 80. As you can see very well, there will be a good entry every day, then if you follow the rules of Mr. C. you will certainly trade in positive territory.
Attached Image (click to enlarge)
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  • #1,168
  • Oct 11, 2023 4:12am Oct 11, 2023 4:12am
Quoting Tiroler
{quote} Therefore, I recommend a good filter, Stoch 34 6 2 very suitable for the M15. I picked it up from digger1 in another thread and if you watch it very closely you will see how nicely it works. I would recommend for this system here not to enter trades unless both bands of the Stoch are below 20 or above 80. As you can see very well, there will be a good entry every day, then if you follow the rules of Mr. C. you will certainly trade in positive territory. {image}
34 6 2 are very unusual settings for stochastics but hey it is what it is.
  • #1,169
  • Oct 11, 2023 4:35am Oct 11, 2023 4:35am
I've clearly missed something here. Can somebody kindly explain the significance of the multi coloured bold S&R lines. Thank you.
  • #1,170
  • Oct 11, 2023 4:36am Oct 11, 2023 4:36am
Quoting Kraneos
As you can see, the T3 S arrows system indicates with its arrows when we can start the operation and approximately when it ends. We would use the SR as usual, the arrows are just to alert you of the change. {image} NOTE: Keep in mind that I have not adjusted it, it comes like this from the factory, it can be improved.
Hi Kraneos
Can you upload the T3 S arrows indicator please?
  • #1,171
  • Oct 11, 2023 4:39am Oct 11, 2023 4:39am
Quoting handy148
I've clearly missed something here. Can somebody kindly explain the significance of the multi coloured bold S&R lines. Thank you.
Hi Handy148 reviewers wanted an added visual for when the dotted (now solid) lines paint. Hence line color change.
  • #1,172
  • Oct 11, 2023 5:13am Oct 11, 2023 5:13am
Quoting Kraneos
{quote} Here you have it for your experiments, greetings. {file}
Thank you
  • #1,173
  • Oct 11, 2023 5:28am Oct 11, 2023 5:28am
Quoting Ronin-
As stated before, once the trend has formed. The question is pullback or reversal when the opposite SR Lines appear. This requires human input to decide......... As handy148 has stated market structure... If you look at EURUSD this morning it is ranging so waiting........ I did not need an indicator to determine that. As stated by C the indicator is just a tool can not be blindly followed. There are potential improvements of the indicator and system.
As stated by C the indicator is just a tool can not be blindly followed

Yes the clue is in the word i.e. indicate. Nearly all indicators are in effect a derivative of price and therefore they lag (follow) not lead.

Good that Ronin re-emphasised this again.
  • #1,174
  • Oct 11, 2023 5:46am Oct 11, 2023 5:46am
Quoting Kraneos
{quote} Here you have it for your experiments, greetings. {file}
I attached Indi to clean chart but nothing showing, any ideas what the issue might be?
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  • #1,175
  • Oct 11, 2023 6:08am Oct 11, 2023 6:08am
[quote=Kraneos;14612490]
Quoting Johnneboy
{quote} Adjunté Indi al gráfico limpio pero no se muestra nada, ¿alguna idea de cuál podría ser el problema? {imagen}[/cita] Mt4 probably won't decompress it for you. {file}
Still not working. I think the original mq4 might have decompressed as in the indicators folder it was also showing exe file.
I also downloaded it from Trade Station and that didn't work either. I'm out of ideas.
  • #1,176
  • Oct 11, 2023 6:16am Oct 11, 2023 6:16am
[quote=Johnneboy;14612507]
Quoting Kraneos
{quote} Still not working. I think the original mq4 might have decompressed as in the indicators folder it was also showing exe file. I also downloaded it from Trade Station and that didn't work either. I'm out of ideas.
What is the expert and journal tab on the terminal telling you?
  • #1,177
  • Oct 11, 2023 6:22am Oct 11, 2023 6:22am
EURUSD ranging awaiting news when US market opens.
  • #1,178
  • Oct 11, 2023 7:00am Oct 11, 2023 7:00am
[quote=Ronin-;14612517]
Quoting Johnneboy
{quote} What is the expert and journal tab on the terminal telling you?
Under the expert tab it's constantly running "cannot open file" yet under the journal tab says loaded successfully.
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  • #1,179
  • Oct 11, 2023 7:01am Oct 11, 2023 7:01am
[quote=Kraneos;14612533]
Quoting Johnneboy
{quote} I have already discovered it, it requires this support indicator, greetings. {file}
Still not working.
  • #1,180
  • Oct 11, 2023 7:03am Oct 11, 2023 7:03am
Quoting handy148
{quote} 34 6 2 are very unusual settings for stochastics but hey it is what it is.
...that's what I thought too when I first saw it, but look at how they work at metalsmine in the "AUSSI" thread
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