More detailed, there is a bullish divergence too
Profitunity (Chaos) Trading System by Bill Williams 1,632 replies
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Trading in the Zone advanced indicator (Trading Chaos by Bill Williams) 12 replies
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DislikedI'm now studying VSA (Volume Spread Analysis) to implement it on my trades, it could be a very interesting tool to add to Chaos system due the fact Bill Williams explains volume it's fundamental .Ignored
DislikedHi all, I studied all of BW 3 books about 2 years ago, they are very good, have good ideas.... just to let you all know, BW original strategy was based on the sleeping market (aka when the aligator is closed for a long period of time). BW would place pending sell and buy entries on sell and buy fractals respectively and wait for the break out, with stop losses at the opposite fractals (so where the buy fractal pending order is placed, there would be a stop loss for the sell fractal pending order and vice versa). He would...Ignored
DislikedHas anyone bought/read Masterforex-V book 3?
I read a bit book 1&2(they are free) and they look interestng.
The author talks about Bill Williams method as well especially in book 3.
RegardsIgnored
DislikedHey, I'm doing some research to find a way for exit a chaos trade, some ideas ? (I'm testing some methods with volume, murrey math and moving average)Ignored
DislikedHey, I'm doing some research to find a way for exit a chaos trade, some ideas ? (I'm testing some methods with volume, murrey math and moving average)Ignored
DislikedHello Xhandal,
According to BW:
1. the first exit(protective stop) is place 1 pip above/below you B/D/B .
2. Price going lower than the lowest low of the last 3 to 5 bars(for long positions)
3. When the price closes below the Alligator's teeth(long positions)
I hope this helps
RegardsIgnored
DislikedWiseman indicators................ they place a coloured dot above the barIgnored
DislikedWiseman indicators................ they place a coloured dot above the barIgnored