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SRDC Episode II

  • #1,661
  • Dec 27, 2006 4:41pm Dec 27, 2006 4:41pm
Geat tool, accrete.

aha




Quoting accrete
Hi John, (and Steve!) thanks for the kudos. One thing you might change is the setting of the AlertPipRange which is set to a default of 2. If you wish you can set it at 0/zero and once the price moves away from the exact trend line there will be no more alerts. The defaul will keep sending out an audio alert/email as long as the price is +/- 2 pips from the trend line you have drawn. Since i like to sometimes sleep with a pillow speaker hooked up to receive my TLineAudio alerts i will set it at +/- 5 or even 10 pips... that way the audio alert is sure to get me out of my slumber! But then if i'm reading here at the FF or a trading book...or watching a movie with my sweetheart i can have the alarm go off once in the room and i'll go to the charts.

: ) Thom
Target: Trading naked.
  • #1,662
  • Dec 27, 2006 4:46pm Dec 27, 2006 4:46pm
lol.... yeah, MT4 provides alerts on certain price levels, never thought of using it on SRDC level I, it should do it..... accrete's solution provides flexibility to alert on tilted trend lines/channel boundaries (level II), that's a huge plus.






Quoting JimboFX
I haven't used the indicator yet but rather alerts in MT4 and I find a baby monitor very useful. If and when I'm away from the PC when the alert goes off you can still hear it.

Target: Trading naked.
  • #1,663
  • Dec 27, 2006 4:56pm Dec 27, 2006 4:56pm
Tell me what method in FF that I haven't tried. Some of them are good but this one really rock. As a newbie, this is my frist time I can ride on the trend.
Attached Image
Shah For every action there is an equal and opposite reaction.....
  • #1,664
  • Dec 27, 2006 7:49pm Dec 27, 2006 7:49pm
Quoting PipSteve
I don't know about you, but I am still learning how to draw proper trendlines, and I found this article pretty helpful.
If you have any other resources, please share.

http://www.streetauthority.com/terms/st-lesson2.asp
Steve,

It's a great link. Good info on drawing a trendline.
I think it's good to draw the channel manually as it gives us a chance to practise.

Thanks.
Shah For every action there is an equal and opposite reaction.....
  • #1,665
  • Dec 27, 2006 10:54pm Dec 27, 2006 10:54pm
hello accrete,
nice job on the trend alarms,but could you please point this dummy in the right direction.I got a new gbp/usd,1 hour or daily,and when I put the indicator on I get a blue line around the current price rather than on the trend line I have drawn.Must be doing something wrong thatb I cant figure.
thanks in advance,
and thanks everybody for this wonderful thread esecially orange for sharing his knowledge
cheers and seasons greetings
Dave
  • #1,666
  • Dec 27, 2006 11:07pm Dec 27, 2006 11:07pm
hello Orange,
I would like to thank you for your masterful lessons.I love your teaching style,I believe you put it all there for any when that wants to look,allowing the individual to have his on trip of self discovery,and when the penny drops,one thinks "ah thats what he is on about"
thank you for your generosity it will give me a skill,hobby,and income when I retire. I'm a young 62 and just love being able to see which way this tricky forex beast is going to move
thank you
good health
seasons greetingsv to you and yours
cheers
Dave
  • #1,667
  • Dec 27, 2006 11:08pm Dec 27, 2006 11:08pm
Hi All,

I know most of us in the Teamspeak room agree that the current 1 hr channel starts on 20 Dec and should be pulled to the start of today 28 Dec (aqua channel). Has anyone pulled a weekly channel from 26 Dec until 28 Dec (blue channel). Accroding to the manual put together by Henry we should pull a channel each week. Has anyone else done the same?
Attached Image
Dave If you can't swim with the sharks stay out of the water!
  • #1,668
  • Dec 27, 2006 11:30pm Dec 27, 2006 11:30pm
Quoting accrete
Hi John, (and Steve!) thanks for the kudos. One thing you might change is the setting of the AlertPipRange which is set to a default of 2. If you wish you can set it at 0/zero and once the price moves away from the exact trend line there will be no more alerts. The defaul will keep sending out an audio alert/email as long as the price is +/- 2 pips from the trend line you have drawn. Since i like to sometimes sleep with a pillow speaker hooked up to receive my TLineAudio alerts i will set it at +/- 5 or even 10 pips... that way the audio alert is sure to get me out of my slumber! But then if i'm reading here at the FF or a trading book...or watching a movie with my sweetheart i can have the alarm go off once in the room and i'll go to the charts.

: ) Thom
LOL.... i cant help it... i was rolling to the floor laughing... Pillow speaker!!!
Only you Thom.... What will I do without you!! hehehe..
Thanks!!
Change Your Thinking. Change Your Life - JD
  • #1,669
  • Dec 28, 2006 12:13am Dec 28, 2006 12:13am
Quoting OrangeRoshan
LOL.... i cant help it... i was rolling to the floor laughing... Pillow speaker!!!
Only you Thom.... What will I do without you!! hehehe..
Thanks!!
Hey don't laugh, this probably saved my marriage ..... L O L ...... How does OR say it. Honeeeeeeyy look I have a new pillow speaker ...... you don't have to wake up at 1:30 am any more ........ Honeeeeeeyy
  • #1,670
  • Dec 28, 2006 1:42am Dec 28, 2006 1:42am
We went more into the 6th 15 minute candle today. The significance of this candle is still an inigma to most of use. It might have something to do with there are 6 episodes of star wars and the last three were produced first....who knows?

1. Any way we drew a trend line from the "peculiar" candle to the 6th candle on the 15 minute gives us an idea of the high for the day.
2. We have a very strong support at 1.9560..we are looking for a break to the downside.
3. Due to the fact we have only had a 30 pip range to our high, price tells us that we have another 100 pips to go. More than likely to the south.
4. We are entering quadrant one at this time..but strangely, we are moving sideways which seems to always be from the darkside, what i mean is unpredictable and scary.
http://i144.photobucket.com/albums/r...5/dec26160.gif
"peculiar"-refers to the small bull candle before the big price action and twin tower we see the day before. There is no hard and fast rule to the identity of a peculiar candle. So if you do not understand that one, well join the club.
  • #1,671
  • Dec 28, 2006 4:02am Dec 28, 2006 4:02am
Quoting kingcrab
hello accrete,
nice job on the trend alarms,but could you please point this dummy in the right direction.I got a new gbp/usd,1 hour or daily,and when I put the indicator on I get a blue line around the current price rather than on the trend line I have drawn.Must be doing something wrong thatb I cant figure.
thanks in advance,
and thanks everybody for this wonderful thread esecially orange for sharing his knowledge
cheers and seasons greetings
Dave
I just install the alarms.
When you get the blue line, click over it until you get three small squares, you move them to handle the line and place it over the line you want. Thatīs all.

But, I donīt know how to set up the e-mail sending function.
Please, Accrete tell us how to set up this.
I guess we have to tell the program where is our e-mail program, the address to send, etc. But I cannot find this within the indicator, opening it with MT4.
If somebody knows, please share it

Thanks

Paco
  • #1,672
  • Dec 28, 2006 4:25am Dec 28, 2006 4:25am
Quoting rojotopo
I just install the alarms.
When you get the blue line, click over it until you get three small squares, you move them to handle the line and place it over the line you want. Thatīs all.

But, I donīt know how to set up the e-mail sending function.
Please, Accrete tell us how to set up this.
I guess we have to tell the program where is our e-mail program, the address to send, etc. But I cannot find this within the indicator, opening it with MT4.
If somebody knows, please share it

Thanks

Paco
Sorry, I see that the e-mails are been sent. It works on its own without set up. Thanks

Paco
  • #1,673
  • Dec 28, 2006 4:43am Dec 28, 2006 4:43am
i know OR does not wanna teach abt this until we progress further but i cant help but notice yest 2230 candleCould proly help us gauge todays top.
Attached Image
  • #1,674
  • Dec 28, 2006 4:52am Dec 28, 2006 4:52am
Quoting jest1081
i know OR does not wanna teach abt this until we progress further but i cant help but notice yest 2230 candleCould proly help us gauge todays top.

Well done jest !!

U brought another way of looking at 2230hr candle.

I've learnt one more new thing.. yeah !

I tried this method of 'X' trendlines at EUR too... but not sure if i make it up.. but it sure point very near to the top/bottom.
The future depends on what we do in the present.
  • #1,675
  • Dec 28, 2006 5:04am Dec 28, 2006 5:04am
Hi Compro, i think its more or less abt knowing the range of the pair moves daily like what OR said and indentifying those 'indecent candles'. im still just learning
  • #1,676
  • Dec 28, 2006 5:31am Dec 28, 2006 5:31am
Quoting jest1081
i know OR does not wanna teach abt this until we progress further but i cant help but notice yest 2230 candleCould proly help us gauge todays top.
Yes, it broke every marker iddentified, and its gonna go higher, even as i type this. Cool.... Try find a new marker and see how far it goes.
Change Your Thinking. Change Your Life - JD
  • #1,677
  • Dec 28, 2006 5:43am Dec 28, 2006 5:43am
I know this is like spaghetti but.....

http://img407.imageshack.us/img407/2...6084330ce4.png

Could be the route to heaven for a scalper...

http://img407.imageshack.us/img407/1...6084544ku1.png
Johann Channels and cycles are everything
  • #1,678
  • Dec 28, 2006 5:45am Dec 28, 2006 5:45am
Quoting jest1081
i know OR does not wanna teach abt this until we progress further but i cant help but notice yest 2230 candleCould proly help us gauge todays top.
Would you mind eleborating, I am lost. What does this candle tell us?
I started going short on top of the channel, looked really good, until it spiked up. What did I miss??
Steve
  • #1,679
  • Dec 28, 2006 6:09am Dec 28, 2006 6:09am
Hi guys

OR great thread,thank you,I have learned a lot because of SRDC.

I have a question about confirmation of the trade.
OR mentioned somewhere that when a price goes beyond the chanel you look on 15 min for confirmation of a reversal IF it goes back in the chanel.
Does it have to be only open in the chanel or does the hole new 15 min candel have to be formed.This example is happening right now in real time GBP/USD but I hasitate to go short becouse I am not sure about confirmation.
Also the EUR has gone little bit further and signals clear brake for now.Anyway this is my interpretation,I would like to hear from some seniors of SRDC.

Also the 15 min CCI is short but 1H and 1D is still long.
Thank you

And Happy new year to everybody,i wish you peace and health
  • #1,680
  • Dec 28, 2006 7:21am Dec 28, 2006 7:21am
Quoting jest1081
i know OR does not wanna teach abt this until we progress further but i cant help but notice yest 2230 candleCould proly help us gauge todays top.
I guess it fell short
Later on went up more, and suddenly collapsed
Why?
Now it seems it went back to the channel of Dec 18
And it s going to the median, but it seems too risky to enter long

Paco
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