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Tease Me more @cpfleger

  • #3,301
  • Edited 1:01am Dec 12, 2023 12:24am | Edited 1:01am
If the trade just not in your direction, don't be afraid, your account already protected by SL.
xinitial.
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  • #3,302
  • Dec 12, 2023 1:26am Dec 12, 2023 1:26am
Last dance.
xinitial.
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  • #3,303
  • Dec 12, 2023 2:11am Dec 12, 2023 2:11am
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  • #3,304
  • Dec 12, 2023 2:37am Dec 12, 2023 2:37am
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  • #3,305
  • Dec 12, 2023 2:39am Dec 12, 2023 2:39am
Please find attached the indicator Daily Open Volatility.

The trading concept is
1) If price is above daily open line, buy only and vice versa below daily open line.
2) wait for price to be above / cross up blue volatility line for buy, vice versa for sell, see rule 1)
3) Observe if bands are expanding or contracting.
4) look for areas of narrow bands (squeeze).

Attached File(s)
File Type: ex4 DO Volatility V1.ex4   10 KB | 304 downloads


The concept is the same as OV 20 / 200 sma, but using daily open price value and volatility bands instead.

The indicator can be combined with SR Direction for added value and / or SR Trend.

Example trade on EURUSD M5:

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  • #3,306
  • Dec 12, 2023 2:47am Dec 12, 2023 2:47am
Quoting handy148
{image}
Woww... you are very good at ov system.
Looking forward for more of your trade and screenprint to learn.
xinitial.
  • #3,307
  • Dec 12, 2023 2:48am Dec 12, 2023 2:48am
SR Trend (length 3 and 7) is working well on Renko Chart:
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  • #3,308
  • Dec 12, 2023 2:49am Dec 12, 2023 2:49am
Quoting xinitial
{quote} Woww... you are very good at ov system. Looking forward for more of your trade and screenprint to learn. xinitial.
Agree
  • #3,309
  • Dec 12, 2023 2:51am Dec 12, 2023 2:51am
Quoting Ronin-
Please find attached the indicator Daily Open Volatility. The trading concept is 1) If price is above daily open line, buy only and vice versa below daily open line. 2) wait for price to be above / cross up blue volatility line for buy, vice versa for sell, see rule 1) 3) Observe if bands are expanding or contracting. 4) look for areas of narrow bands (squeeze). {file} The concept is the same as OV 20 / 200 sma, but using daily open price value and volatility bands instead. The indicator can be combined with SR Direction for added value and / or...
Will try when I am home.
xinitial.
  • #3,310
  • Dec 12, 2023 2:52am Dec 12, 2023 2:52am
Practicing ov in phone .
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  • #3,311
  • Dec 12, 2023 2:56am Dec 12, 2023 2:56am
Quoting Ronin-
Please find attached the indicator Daily Open Volatility. The trading concept is 1) If price is above daily open line, buy only and vice versa below daily open line. 2) wait for price to be above / cross up blue volatility line for buy, vice versa for sell, see rule 1) 3) Observe if bands are expanding or contracting. 4) look for areas of narrow bands (squeeze). {file} The concept is the same as OV 20 / 200 sma, but using daily open price value and volatility bands instead. The indicator can be combined with SR Direction for added value and / or...
Thanks Ronin, I'll try everything this afternoon.
Saludos, K.
  • #3,312
  • Dec 12, 2023 4:51am Dec 12, 2023 4:51am
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  • #3,313
  • Dec 12, 2023 5:06am Dec 12, 2023 5:06am
Or to put it another way ..............


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  • #3,314
  • Dec 12, 2023 5:17am Dec 12, 2023 5:17am
handy148,
Correct strategy and system.
cpfleger
  • #3,315
  • Dec 12, 2023 5:24am Dec 12, 2023 5:24am
Simplicity.............
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  • #3,316
  • Dec 12, 2023 5:40am Dec 12, 2023 5:40am
Quoting handy148
Or to put it another way .............. {image}
Nice.... .
I want more
xinitial.
  • #3,317
  • Dec 12, 2023 5:41am Dec 12, 2023 5:41am
Quoting cpfleger
Simplicity............. {image}
Hey.... you are stealing from market .
xinitial.
  • #3,318
  • Dec 12, 2023 5:59am Dec 12, 2023 5:59am
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  • #3,319
  • Dec 12, 2023 6:09am Dec 12, 2023 6:09am
This is my business of yesterday and today

usdjpy was more rewarding as it just started to fall, but gbpusd was stuck in that range.

My exit is when there are conditions in the opposite direction, I don't mind maintaining my position for several days.

Any advice to help me improve?
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  • #3,320
  • Dec 12, 2023 6:16am Dec 12, 2023 6:16am
Collecting pips little by little.
xinitial.
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