TRO
3 Bar Fractal with mid-bar and bar on each side 11 replies
Inside bar or outside bar identifier 7 replies
Inside Bar Breakout: Having trouble identifying good ones 7 replies
Calculate own daily bar to avoid Sunday bar 0 replies
Pin bar, pin bar, pin bar 0 replies
DislikedThese are the rules:
Current candle Green at the line, go long.
Current candle Red at the line, go short.
There are no other rules.
http://i41.tinypic.com/2ngeoly.gifIgnored
DislikedWell where do you take profit and what stop loss do you use? Surely you have rules for those, or do you just wing it?Ignored
from THE TRADING ZONE, Mark Douglas
page 121
1) Anything can happen
2) You don't need to know what is going to happen next in order to make money.
3) There is a random distribution between the wins and losses for any given set of variables that define an edge.
4) An edge is nothing more than an indication of a higher probability of one thing happening over another.
5) Every moment in the market is unique.
DislikedIf you are trading the daily candle, do you sit in front of your computer waiting for the market to come up, or go down to the line?Ignored
DislikedI haven't posted in a while but I thought I might post this simple indicator (free) for inside bars. It basically finds inside bars and draws lines at the high and low of the inside bar for a certain (configuable) number of bars forward.
I have kept it simple so that the trader can make whatever decision he/she needs to make on his own. it is pretty well documented so that anyone can make changes and /or additions.
Good LuckIgnored
DislikedHere is one with alerts ....
The Inside Bar Formation alert will occur once per new bar (candle)
The Break alert will occur once per direction (once up and once down) in each new candle that is within the SignalLength number of bars from the Inside bar itself.
I have not tested the Break alert in a live market yet but will do so when the markets open again.
Hope this helps ...Ignored
DislikedHere is one with alerts ....
The Inside Bar Formation alert will occur once per new bar (candle)
The Break alert will occur once per direction (once up and once down) in each new candle that is within the SignalLength number of bars from the Inside bar itself.
I have not tested the Break alert in a live market yet but will do so when the markets open again.
Hope this helps ...Ignored