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SRDC Episode II

  • #321
  • Nov 30, 2006 4:57pm Nov 30, 2006 4:57pm
Quoting traderlismiss
Hey 4rex, this should be fun and rewarding as well. OR has said he will particpate when he can and we will learn at a much faster rate. Imagine looking at our charts and having him explain what we are looking at. This will enhance this forum and hopefully our profits too. OrangeRoshan's Teamspeak will run 24 hours and you will be able to sign in when you like.

More Information will be available in the next few days.
Hey,

Great idea, good on you guys, count me in...

Alex
  • #322
  • Nov 30, 2006 4:58pm Nov 30, 2006 4:58pm
Quoting accrete
Greetings Dave, i believe somewhere in this thread OR mentioned he draws his LRC based on a major H/L similar to what one would do with a trend line. No doubt Orange will chime in here when he is up and about. I look at the LRC as a traditional technical analysis tool. It is actualy quite useful for finding a median for price to play about. Taking all this in mind, and also after studying how the Pros use the LRC, I simply zoom all the way out on a given chart, in my case a 1hr chart, find the last major low, and draw the line from left to right to the most recent high (reverse when in a downtrend). Sometimes this will yeild a large channel in the current case of the E/U and G/U being in the +500 pip channel. Though as you might have seen from my use ( : and with the Master's Blessings, hi Orange : ), of additional levels within the channel will yeild further areas of support and resistance.


Happy Trading,
Thom
Hi Thom,

Thanks for the feedback on the LRC. I like the idea of adding the fib levels to the channel. I think I'll test them out over the next few weeks.
Dave If you can't swim with the sharks stay out of the water!
  • #323
  • Nov 30, 2006 5:20pm Nov 30, 2006 5:20pm
Jedi Roshan,


This is my version..
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The future depends on what we do in the present.
  • #324
  • Nov 30, 2006 5:44pm Nov 30, 2006 5:44pm
Master Jedi Roshan

I belive this is the setup as I have read this thread....Please feel free to correct me if Iam wrong...

Jedi Roshan
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  • #325
  • Nov 30, 2006 7:18pm Nov 30, 2006 7:18pm
I've been all over this thread but can't find the proper settings for the Ergodic CCI and this method. Could anybody share the proper settings? Thanks.
Don Life is expensive, but includes a free trip around the sun.
  • #326
  • Nov 30, 2006 7:21pm Nov 30, 2006 7:21pm
Quoting downunderdave40
Hi Thom,

Thanks for the feedback on the LRC. I like the idea of adding the fib levels to the channel. I think I'll test them out over the next few weeks.
You are most welcome. I've been using the levels for sometime on my channels, though if you recall these are GANN related levels and not FIBO. Also of interest is that Jimmy ( see his FF article here for links to his website and videos ) also uses GANN related simple math related levels. He has excellent free training videos on trading the channel.

. . . and now back to our sponsor somewhere in a galaxy far, far away . . .

: ) Thom
  • #327
  • Nov 30, 2006 7:47pm Nov 30, 2006 7:47pm
traderone
settings
2-10-1-2
jl
  • #328
  • Nov 30, 2006 8:45pm Nov 30, 2006 8:45pm
Traderone,

Go back to post#3 of this thread .


Quoting traderone
I've been all over this thread but can't find the proper settings for the Ergodic CCI and this method. Could anybody share the proper settings? Thanks.
All 4 1 and 1 4 All
  • #329
  • Nov 30, 2006 8:50pm Nov 30, 2006 8:50pm
Glenn5t,

While you wait for the Master to answer your question I thought you may interested in looking at a pure SRDC2 chart.





Quoting glenn5t
Master Jedi Roshan

I belive this is the setup as I have read this thread....Please feel free to correct me if Iam wrong...

Jedi Roshan
Attached Image
All 4 1 and 1 4 All
  • #330
  • Nov 30, 2006 9:30pm Nov 30, 2006 9:30pm
Lou,

I am using your SHI_Channel_True indicators since it seems to me that at this point it helps me keep this channel euphoria as simple as possible. One thing that I observed....it takes away from the upper left corner my OHLC indicator which also shows the daily range. Is there a way for SHI and the OHLC to share that corner? Others please feel free to solve it.

Thanks


Quoting Lou G
I may get to this up the road a bit. Right now this thread seems to be exploring many different ways to draw channels so I'm going to concentrate my efforts on writing an EA using the original SHI indicator and testing that one (and the revised version in post #237) and wait until the dust settles on all the differing ideas for channels.

Thank you for the suggestion
All 4 1 and 1 4 All
  • #331
  • Nov 30, 2006 9:37pm Nov 30, 2006 9:37pm
I find the daily pivots a great help. Thats the only difference between the two.
  • #332
  • Nov 30, 2006 10:00pm Nov 30, 2006 10:00pm
I am also interested in this question: is it possible to share the "Comment" area between two indicators? Anyone?




Quoting 4rex
Lou,

I am using your SHI_Channel_True indicators since it seems to me that at this point it helps me keep this channel euphoria as simple as possible. One thing that I observed....it takes away from the upper left corner my OHLC indicator which also shows the daily range. Is there a way for SHI and the OHLC to share that corner? Others please feel free to solve it.

Thanks
Target: Trading naked.
  • #333
  • Nov 30, 2006 10:41pm Nov 30, 2006 10:41pm
I am using the SHI channel, but practicing the manual drawing. Do you start your lines drawing right to left, and how far should i go back to draw on the daily chart, the SHI goes as far back as August, would this be correct for manually drawing them as well ? My other question is how to place the center line so it is equal distance from top and bottom lines....is there a Jedi trick to it ?.
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  • #334
  • Nov 30, 2006 10:44pm Nov 30, 2006 10:44pm
Quoting aha
I am also interested in this question: is it possible to share the "Comment" area between two indicators? Anyone?
Hey,

The info on the left top side will show the most recently imported indicator on your screen. So if you want to show the "OHLC" for instance, delete it then import it again and it will show.

Really, no applause necessary.

Beam the pips to me Scotty
  • #335
  • Nov 30, 2006 11:08pm Nov 30, 2006 11:08pm
Am i doing this right ?
First attempt with equidstant
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  • #336
  • Nov 30, 2006 11:35pm Nov 30, 2006 11:35pm
Guys remember KISS? Keep it simple skywalker...Jedi Master Orange taught Luke to cool it since the force is strong withing the skywalker family.

TO draw LRC should be very simple...make sure the prevailing trend (its very obvious from the charts) is drawn out where the price highs and lows hit the upper and lower channels...
  • #337
  • Dec 1, 2006 4:33am Dec 1, 2006 4:33am
Quoting glenn5t
Master Jedi Roshan

I belive this is the setup as I have read this thread....Please feel free to correct me if Iam wrong...

Jedi Roshan
Another Violater of the Charting regulation!!

I will have to fine you 23618 Jedi Pips and 2 years in community service.
The community service you will be serving is 24/7 living with Chubaka's family, combing their hair everyday.

Pls try to use a lighter background pls. Thanks
Change Your Thinking. Change Your Life - JD
  • #338
  • Dec 1, 2006 4:37am Dec 1, 2006 4:37am
Quoting Bobokus
Am i doing this right ?
First attempt with equidstant
Yupz, Thats a jedi's chart!!
Change Your Thinking. Change Your Life - JD
  • #339
  • Dec 1, 2006 4:39am Dec 1, 2006 4:39am
This is my current background setting

http://img157.imageshack.us/img157/8849/deletegy6.png
  • #340
  • Dec 1, 2006 4:47am Dec 1, 2006 4:47am
Here are the answers to my question on Dancing with the trend. I saw many post about confusion on trend drawing lah, channel drawing lah, and of course dancing in the trend. But, its quiet sad to say, not many participate, in learning and getting it right (I mean those who complain, that channel drawing is hard). I really think, its more on discipline than method. So, the 101 class will be scrap.

Anyway, Aha got it right!! Congratulations, 42,618 jedi pips for you.

I will continue with SRDC II Part II tonight in a few hors from now. Make sure you know how to use Fibo.
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Change Your Thinking. Change Your Life - JD
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