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Are you a trend trader or a counter-trend trader? 29 replies

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Attachments: Finding the trend
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Finding the trend

Quoting RiskFighter
{quote} I have just made a robot taking trades in the direction of Daily open. And I have started to use it in some of my charts. So you have influenced me. As I say - you are a smart trader.
I made it for this thread. As simple as possible: 00 level trading | Forex Factory
But that strategy does not work for me.
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
{quote} I have just made a robot taking trades in the direction of Daily open. And I have started to use it in some of my charts. So you have influenced me. As I say - you are a smart trader.
When you have made
Your 1st Million
send me
Your 2nd ?
Quoting OAPDave
{quote} When you have made Your 1st Million send me Your 2nd ?
Sorry, I promised that for my wife.
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
{quote} Sorry, I promised that for my wife.
That's no excuse
you will just have to get her a computer of her own
Quoting OAPDave
{quote} Data for Robot Find a x % of an x ADR Daily average Enter the Daily Open For Entry enter + or - x % above or below the Open Targets just increased % in same direction as entry if you can make heads or tails of that we have a winner {image}
OK. I make that. Will be easy to make. Then we can refine it later on.
But in the weekend. I am busy trying to trade. But today is a hell lot of a news and it is difficult.
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
{quote} OK. I make that. Will be easy to make. Then we can refine it later on. But in the weekend. I am busy trying to trade. But today is a hell lot of a news and it is difficult.
Ok but I have deleted the suggestion post for obvious reasons

ps
I would test each pair separately first
then build the basket as you go ?
Quoting OAPDave
{quote} Ok but I have deleted the suggestion post for obvious reasons...
It's a pity that you deleted the suggestion post, so no one can know why the signals in the chart are related to your idea...
Attached Image (click to enlarge)
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Quoting SwingMan
{quote} It's a pity that you deleted the suggestion post, so no one can know why the signals in the chart are related to your idea... {image}
One of your nice indicators SwingMan?
Read post #1 !! Then read it again 10 more times before you ask.
Quoting SwingMan
{quote} It's a pity that you deleted the suggestion post, so no one can know why the signals in the chart are related to your idea... {image}
Sorry Swingman for that
As you know from the past
You have always carried my full respect
and to repeat in my humble opinion
you are a very under estimated coder
glad you have popped in
as we can ALL benefit from your extradentary coding skills
Quoting OAPDave
{quote} Arrr Good to see you Just like Elvis Thought you had left the building and gone on tour {image} {image} {image} {image}

Hello Dave
What's the name of the Indicator that plots percentage levels from the day open, as shown on your 1hr chart?
If you don't mind please post it here
Thanks
Regards
Quoting howard
{quote} Hello Dave What's the name of the Indicator that plots percentage levels from the day open, as shown on your 1hr chart? If you don't mind please post it here Thanks
Attached File(s)
File Type: ex4 ! NIH98 Open Price Pct Range Mapping Indi.ex4   23 KB | 86 downloads
Thank you
Regards
Quoting SwingMan
{quote} It's a pity that you deleted the suggestion post, so no one can know why the signals in the chart are related to your idea... {image}
Just missing one indicator ?
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Attached Image (click to enlarge)
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Quoting OAPDave
{image}
The line of Entry?
Read post #1 !! Then read it again 10 more times before you ask.
Quoting SwingMan
{quote} It's a pity that you deleted the suggestion post, so no one can know why the signals in the chart are related to your idea... {image}
Swingman
Thank you
Brings back memories of the
Dim and Distant Past
Quoting RiskFighter
{quote} The line of Entry?
?
Attached Image (click to enlarge)
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Quoting OAPDave
...Just missing one indicator ?...
You might mean the indicator that draws the many ants in the chart...

It's a completely new idea, namely scalping or trading in the direction of the trend, only on the bars with small wicks!

In a chart, you can easily calculate statistically that if the two MAs, for example agree long, most of the bars are green (66%) and with a 1/2ATR entry above the low you can make profits very easily.
It is possible to scalp only 1/2ATR or to stay in the trend for a while.

It is important to use a filter, and the slope oscillator is very suitable for this.
One can also trade daily charts quite easily manually, otherwise one can of course use an EA.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rDaily.png Size: 33 KB
Quoting SwingMan
{quote} You might mean the indicator that draws the many ants in the chart... It's a completely new idea, namely scalping or trading in the direction of the trend, only on the bars with small wicks! In a chart, you can easily calculate statistically that if the two MAs, for example agree long, most of the bars are green (66%) and with a 1/2ATR entry above the low you can make profits very easily. It is possible to scalp only 1/2ATR or to stay in the trend for a while. It is important to use a filter, and the slope oscillator is very suitable for...
Quoting SwingMan
{quote} You might mean the indicator that draws the many ants in the chart... It's a completely new idea, namely scalping or trading in the direction of the trend, only on the bars with small wicks! In a chart, you can easily calculate statistically that if the two MAs, for example agree long, most of the bars are green (66%) and with a 1/2ATR entry above the low you can make profits very easily. It is possible to scalp only 1/2ATR or to stay in the trend for a while. It is important to use a filter, and the slope oscillator is very suitable for...
What a splended observation!
Read post #1 !! Then read it again 10 more times before you ask.
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