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Linuxtroll Simple Scalping

  • #581
  • Aug 25, 2007 10:06am Aug 25, 2007 10:06am
linuxtroll.... just a thought... would you like to create a poll, so we can see how many people are curious and just lurking around, doing screen time or demoing it....you started this thread a little over a month and already got 60.335 views..
I think a poll is a good idea, so come up with some questions.
Charge on !.... yeah, and Cheers too.
  • #582
  • Aug 25, 2007 11:05am Aug 25, 2007 11:05am
Hi, linuxtroll

I noticed that, I was told, 5,10,15,20,25,....195,200,205,...295,300 EMA i used is for 5 sec chart ... what value is good fro 1 min chart ?

Thanks.
  • #583
  • Aug 25, 2007 11:19am Aug 25, 2007 11:19am
LT,

Can you please list the colors that correspond to the moving averages? Which session and time do you trade? Are you using Oanda on a 5 sec chart? Thanks, DL
  • #584
  • Aug 25, 2007 11:26am Aug 25, 2007 11:26am
Quoting lcfxtrader
LT,

Can you please list the colors that correspond to the moving averages? Which session and time do you trade? Are you using Oanda on a 5 sec chart? Thanks, DL
The color doesn't matter, use what ever you like.
1 color is good as many people feedback says.
while the color shown is rainbow color. Red, orange, yellow, green, blue, violet... I think.....
  • #585
  • Aug 25, 2007 12:04pm Aug 25, 2007 12:04pm
Quoting Neznaika
linuxtroll.... just a thought... would you like to create a poll, so we can see how many people are curious and just lurking around, doing screen time or demoing it....you started this thread a little over a month and already got 60.335 views..
I think a poll is a good idea, so come up with some questions.
Charge on !.... yeah, and Cheers too.
I know how many, as I am receiving PMs and e-mails directly to me for help... My e-book will help, where I will try to cover most of the questions asked by several users for years... Later on I will release indicators and templates for MT4 and an e-book for new scalpers explaining how to setup Rainbow chart etc (most new traders requested it too)...
  • #586
  • Aug 25, 2007 12:05pm Aug 25, 2007 12:05pm
Quoting brutusdog
Nice trollman!

here is my dow cash rainbow from yesterday.
1min chart.
macd below.
enjoy the weekend all and happy pip hunting next week

edit: by the way it made over 80 pips in 3.5 hours cheers for the rainbow once again trollman...
Try Williams %R... or CCI...
  • #587
  • Aug 25, 2007 12:12pm Aug 25, 2007 12:12pm
Quoting Syafi
Hi, linuxtroll

I noticed that, I was told, 5,10,15,20,25,....195,200,205,...295,300 EMA i used is for 5 sec chart ... what value is good fro 1 min chart ?

Thanks.
No EMAs... This is not Guppy or Hull MMA - This is Cyrox Rainbow... Use only WMA upto 144... You can fine-tune the intervals based on your zoom level... Why 1 min chart?
  • #588
  • Aug 25, 2007 12:42pm Aug 25, 2007 12:42pm
Quoting seafront
Hi Neznaika
Willing to share bit more details? (had my own feeling about this; yet to implement)
Have a great weekend!
SF
I hope u'll find it useful.
Many weeks ago (Lunixtroll wasnt posting much back then) I got very frustrated with rainbow (and said to myself, enough is enough) so I PMed Linuxtroll and asked him to send me a screen shot with explanations of his entries/exits. ... you know what he said? He said, "why dont you take a screen shot and send it to me with explanations, c/z it will force you to learn" ... well, I got a little upset but he was right, it did force me to learn..and I'm glad he did that... just like many of us ,for many weeks i studied Trollmanns post on this and other forums( I PMed him often with questions and he answered them always.thanks !) and watched 5sec-1min charts on my free time..... and with time you see that there is not much difference between daily and 5 sec... look at it this way, 5 sec is just like a daily chart on the steroids... everything is much faster..and all the moves are passing through 5 sec... just watch the screen you'll be glad you did, man.
cant wait to see his e-book.
have a nice weekend !
  • #589
  • Aug 25, 2007 1:05pm Aug 25, 2007 1:05pm
Quoting linuxtroll
No EMAs... This is not Guppy or Hull MMA - This is Cyrox Rainbow... Use only WMA upto 144... You can fine-tune the intervals based on your zoom level... Why 1 min chart?
LT, I'm using the WMA 10...240... you think only up to 144 is preferable to this?
  • #590
  • Aug 25, 2007 1:39pm Aug 25, 2007 1:39pm
Quoting ycomp
LT, I'm using the WMA 10...240... you think only up to 144 is preferable to this?
I have been using the same set up live with great success so far, but it would be nice to know what LT thinks is ultimately the best interval set up. I know that there is some room for personal preference with colors, zoom, etc...but if there is a better set up it would be nice to know!
Q
The Only Constant Is Change!
  • #591
  • Aug 25, 2007 2:16pm Aug 25, 2007 2:16pm
Quoting ycomp
LT, I'm using the WMA 10...240... you think only up to 144 is preferable to this?
144 will make you an aggressive scalper... 233 or 240 will make you a lazy scalper (good for new scalpers)... LoL
  • #592
  • Aug 25, 2007 2:21pm Aug 25, 2007 2:21pm
Quoting JazzmanQ2
I have been using the same set up live with great success so far, but it would be nice to know what LT thinks is ultimately the best interval set up. I know that there is some room for personal preference with colors, zoom, etc...but if there is a better set up it would be nice to know!
Q
Wait for my e-book, My MT4 template and indicator... Working on it now in my spare time... Autotrader is working too, but not ready for prime time yet... LoL
  • #593
  • Aug 25, 2007 5:09pm Aug 25, 2007 5:09pm
Wait, a month? Until open tomrrow, a year? Sorry, GMMA is fun and all, but I want rainbow action
"Please sir, may I have some more pips?"
  • #594
  • Aug 25, 2007 6:34pm Aug 25, 2007 6:34pm
Hi Neznaika
Thanks for spending time to answer my question. Have been watching screen & making 5 sec historic chart of EJ for weekends where no live market to watch.

And many thanks to LT as well.

SF
  • #595
  • Aug 25, 2007 7:37pm Aug 25, 2007 7:37pm
Quoting linuxtroll
No EMAs... This is not Guppy or Hull MMA - This is Cyrox Rainbow... Use only WMA upto 144... You can fine-tune the intervals based on your zoom level... Why 1 min chart?
WMA is it Linear Weighted Moving Average ?
  • #596
  • Aug 25, 2007 8:01pm Aug 25, 2007 8:01pm
Quoting linuxtroll
144 will make you an aggressive scalper
EUR/JPY > < FXSurfer
  • #597
  • Aug 25, 2007 8:05pm Aug 25, 2007 8:05pm
Quoting Syafi
upto 144 WMA is
See post #1 attachment

WMA = LWMA



ALSO: Can anyone show me how to quote more than one person in
one post? So I could have put the last two posts into one to save
space? Thanks!
  • #598
  • Aug 25, 2007 8:33pm Aug 25, 2007 8:33pm
Quoting Syafi
WMA is it Linear Weighted Moving Average ?
Yes...
  • #599
  • Aug 26, 2007 12:19am Aug 26, 2007 12:19am
Apply @ closed/averaged/bid/ask ?? ?

1 min, because cant understand how to save chart on oanda.
  • #600
  • Aug 26, 2007 2:05am Aug 26, 2007 2:05am
Quoting linuxtroll
Use only WMA upto 144... You can fine-tune the intervals based on your zoom level... Why 1 min chart?
Built For Speed - The 144!

Can't wait to try on 5 sec. this week!

Thanks LT!
Attached Image (click to enlarge)
Click to Enlarge Name: 144.jpg Size: 83 KB
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