Quoting exastrisDislikedHi,
There is obvious confusion surrounding the 15 min time frame. However, the SRDC II methodology as we have it, outlined within the document Henry has so kindly compiled, cleary states on page 5 that the indicators we are using are:
FX Sniper Erogodic CCI
LRC Channel
Daily Chart
1 Hour Chart.
With respect to the 1 hour LRC channel we note:
"We draw it at the beginning of the week, this is Monday 00.00, and move it accordingly every 24 hours." (also adjust for news spikes) (see page 8 for details.)
Now, about the 15 min timeframe, if you look at the last few pages of the document you will see its application. However, as others have stated, I feel that any use of the 15 min timeframe is for advanced users who understand what they are doing.
As Henry notes in post 1552:
"If you go to shorter time frames without knowing what you are doing, you may compound any miscalculation."
I hope this is clearing things up a little, if not could one of the other members kindly elaborate on the 15 min issue.
Thanks,Ignored
SRDC is evolving to the recognition of patterns and trendlines in 15 min timeframes, but we continue using the channels drawn in the 1 hour timeframe and daily as reference of the trends, as well as the quadrants to know in whick direction to make the orders. At least, that is how I'm working now.
Merry Christmas to everyone!!
Pablo