BMI - MacD Magic Monster

Yes I see it. They way it is drawn though looks as if you are viewing the Pyramid from above. The way I draw it (from corner of the square) is not as effective.

I was just saying to selym_co in his thread, he focuses primarily on 45°, that is only one of many. It is not 'more' important than the others. What matters most is what angle the price 'mood' is following in any given situation. It is not tii dufficult to see when it chooses a different angle.

Something else I noticed is that many people seldom zoom out to max to see the 'general mood' of a pair. They (the prices), like us humans, have habits that they stick to. We can pretty much trust that they will continue repeating those habits. This we can use to our advantage.

Knowing exactly when a reversal or retrace is going to happen is not as important as it seems. Recognising it while it is happening is to me more important. Knowing that price is following 1:2 upward trend, but the last 4 or 5 bars show that she has swapped to a 2:1 down is a good way of saying 'close trade'. Unless her habit shows that when she goes from 1:2 it is usually only a short retrace.

The 'bigger picture' counts a lot. Panic (or other variations of fear) usually happen when we are looking at 'too close' a scale. A big reversal takes time. If your lot's used is small enough to avoid the margin calls, you can usually wait it out even if caught in it. Greed is the one that causes us to have bought (or sold) too much so our margin risks are too high.

One of the advantages the 'Big Fish' have is that they have large Capital to cover them and no leverage. They can pretty much wait out anything. It might take 3 decades, which 'costs' because the capital is not building, but if need be they can wait. We individual small fish (if we can even swim well enough to be called fish) do not have that advantage.

Here is one of my indicators, called FibFanDuality

You can put it on any bars, no matter if you set it on High, Low, Open, Close or anywhere in between. In fact, you can put it on 'open space' on the chart and look back or forward through the chart and you will see the price following these FibRays.

They are all derivatives of Fib Numbers, like the inverse of the cube root of a Phi Number for example. They are 'magic' numbers.

This one is on a Renko 12.5 Barheight chart.

Here is FibFanDuality used 'backwards' from three 'random' positions on the Renko 12.5 Blockheight chart.

This is why the word Duality is part of the name.

I am not joking, these are magic numbers.

Brick 'sizes' or 'angles' or 'periods' is similar to Camera Lens Focus, with the 'right' focus, you will get 'clear picture'...

Are you guys using RenkoLiveChart V3.3x2 to get the brick sizes of 12.5? I tried with this but it only accepts integers, not numbers with decimal places.

No, My Friend BlackStack.. I create my own Renko Chart Builder Indicator.. and I'm sorry can't share it here..
but I can make that standard RenkoLiveChart V.3.3x2 to become decimal please wait.. when it's done I will upload it here..
hope it help
T.Kiads

My friend BlackStack, that v3.3x2 was EA version and won't work at weekend
You can try this standard renko builder Indicator version.. that already accept decimal
put in expert/indicator folder like any other indicator..

Thank you Kiads, your indicator is now installed and working. Better now that it is not an EA too.

My first chart upload attempt. I drew one fib arc, and then it seemed like the price wanted to go above the top line. So I drew another fib arc and now price is between the two lines from the arcs. Still respecting both line though.

The colours on the upload are not the same as on my chart. Don't know why that would be.

hi mr. taufik depok?
incridible chart

can you explain how to use that chart?
do you still remember me?

What happen .... where did everyone go? This was really a great thread?

"You will know it when you see it," said Meriam, answering a question she hadn't asked.
"Why must you all make it like a puzzle?" demanded Liath. "Why can't you just tell me what I'm looking for?"
"Because you won't truly understand what it is we work toward until you have discovered it for yourself." Liath began to protest, but Meriam raised a hand for silence. "It is all very well to protest that because you have seen a horse ridden, you know how to ride. But you don't know how to ride until you have yourself ridden. Isn't that true?"
"I don't see—
"You don't see because you persist in thinking that the art of the mathematici is like a story, something you can understand equally well whether it is read to you or you read it yourself. But the art of the mathematici isn't a story, it is a skill, like riding a horse, or fighting, or administering an estate, something that takes time and effort to master. Would you set an apprentice weaver to weave the king's royal robes? Ask a novice to illuminate the Holy Verses? Trust your life to a pilot who had never before sailed through these shoals? You, of all people, must understand fully."

Hello All

Good reading!!!!!

Anybody still using this technique of trading??

Regards

Absolutely, jd. BlueMental and Kiads have provided the essentials for a very robust trading methodology.

Enjoy the journey of discovery.

Steve

Still I am Using This Beautiful System with my own Indicators.
its too good.
Thanks to Lance Bluemental and Kiads.

Can you please share your indicators?

Dear lance Bluemental,
Too much time gone by starting this thread, but still it is golden concept of judging market. One small mistake was there, that BMI Long indicator is showing MACD Histogram and OSMA. if you were taken two time frames comparison it was another level of accuracy. here is an example

vijay how profitable have you been with this system

Hi BlueMental, thanks for your wonderful indicators...

Need a favor...I hope you can do it ...

Can you add time frame to all the four indicators

1. ema 6 - bands_bg macd sepwin
2. ema 6 bands sm macd sepwin

Thanks