Hey, everyone, thanks for this g-r-e-a-t discussion from all of you and the priceless instruction from Edge! I agree with Pardy: it should not be buried on this page but included or referred to in Post #1.
- #6,422
- Aug 12, 2009 7:41pm Aug 12, 2009 7:41pm
- | Joined May 2006 | Status: Only one user name... | 1,367 Posts
Old Benjamin was right
- #6,424
- Aug 12, 2009 7:55pm Aug 12, 2009 7:55pm
Here you go... you can sell it on Ebay
That's the only indicator I use now.
In the settings you can adapt him to fit the settings in Post #1.
- It's showing the Trix, MA and Momentum as bomb
- Arrows at each trix cross (same as scalper signals) including alert.
- Buy, Sell and Wait indicator for those who need a signal service
It's a stand alone indicator... no other needed for him to work.
Pure nitro/c4 signals with no filter, no MTF... the rest is PA and your work!
A little bit like an EA without the trading.
Edge, if you want me to...
Sorry to be such a bugger, Mate, but shouldn't there be 3 red bombs for a sell?
- #6,427
- Aug 12, 2009 8:09pm Aug 12, 2009 8:09pm
as long as the previous candle changed the trix it's still a buy/sell candle, regardless of the actual bombs which obviously can change during the current brick.
After that it's YOUR call to take it or not!
If you trade it with just the scalper candles and the MA you have the same problem in up/down movements oscillating around the 0 line, right?
It's obviously better suited for renko.
"The only successful substitute for brains is silence."
- #6,430
- Aug 12, 2009 8:32pm Aug 12, 2009 8:32pm
Sir
as long as the previous candle changed the trix it's still a buy/sell candle, regardless of the actual bombs which obviously can change during the current brick.
After that it's YOUR call to take it or not!
If you trade it with just the scalper candles and the MA you have the same problem in up/down movements oscillating around the 0 line, right?
It's obviously better suited for renko.
The arrow or the scalper candle will/can change during the current candle, right? A red scalper candle is only red when it's closed (before it can be red/green changing every tick) and an arrow only stays once the candle is closed (remember repainting of current brick/bar/candle?
)That's why it's saying buy/sell only once the previous candle has a confirmed trix cross. and this stays during the duration of the candle/brick as it is still the buy/sell brick/candle.
Hope that makes it clear!
"The only successful substitute for brains is silence."
- #6,432
- Aug 12, 2009 8:41pm Aug 12, 2009 8:41pm
- | Joined May 2006 | Status: Only one user name... | 1,367 Posts
Old Benjamin was right
- #6,440
- Aug 12, 2009 9:54pm Aug 12, 2009 9:54pm
- | Membership Revoked | Joined Apr 2009 | 1,202 Posts
Here you go... you can sell it on Ebay
That's the only indicator I use now.
In the settings you can adapt him to fit the settings in Post #1.
- It's showing the Trix, MA and Momentum as bomb
- Arrows at each trix cross (same as scalper signals) including alert.
- Buy, Sell and Wait indicator for those who need a signal service
It's a stand alone indicator... no other needed for him to work.
Pure nitro/c4 signals with no filter, no MTF... the rest is PA and your work!
A little bit like an EA without the trading.
Edge, if you want...
If it gets folks trading more and thinking less then it will be very useful.
The more they trade (demo) the more they gain proficiency in signal recognition.
The more proficient they become, the more positive trades they will obtain.
The more positive trades they obtain, the more confident and less fearful they become.
As they start to work with live trading, they simply start small, trade the plan correctly, and increase lot size as they gain even more steam.
Then they find it was all there from the beginning. They get pissed off at their own inner demons, exorcise them forever and cross over the last great hurdle to trading imo.
They then become their own human ea. Take signals as provided, have the human ability to follow strength in the market, and trade time and time again, win or lose, based on pure probability theorem trading. Who cares if you lose a trade? Odds just increased for the next one being a positive trade.
Thanks DX.
Highest Regards.