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  • #161
  • Edited 7:37am Sep 14, 2009 7:35am | Edited 7:37am
Ok teacher, here is what I see, please correct me if I`m wrong, I want to learn.
Monthly and weekly look bearish to my eyes, but 4Hr and Daily are close to a lower trend line , thus the risk for a bounce; and ,if we break the upper trend line that has put resistance at 153.17 I think we can go up towards 163 or so. But if we break the lower trend line wich is support at 149.25 then we`ll go down like a brick towarsd 140.65 wich is 50 % fib of the entire bull move and also was resistance on the move up.
What do you see .? I` d pretiate your view.

Good luck.
I`ve been wrong before,and I may be wrong again.
  • #162
  • Sep 14, 2009 8:13am Sep 14, 2009 8:13am
Lion,

I've tried a couple of settings on your indicators from "archive.zip" in your first post, putting them all on the chart and then drilling deeper by using only a couple, e.g. SR only or day_exp only rather than both in combination. Some powerful stuff in there... Hats off to you for posting these here for everybody. Hats off once more for not tutoring on the indicators but letting us make them our own.

Much appreciated.

jesper
  • #163
  • Sep 14, 2009 9:40am Sep 14, 2009 9:40am
Vanakam and good day to all.
Need someone to guide me here.
I has installed all the indicators as given by FXlion, but have some problem on "offline.mq4" and "tight trailingstop9manual).mq4".
Is thi 2 need to be inserted differently ?
the rest i had installed and looks like this

Guys...need some advise. TQ
Attached Image (click to enlarge)
Click to Enlarge Name: fxlion.jpg Size: 116 KB
  • #164
  • Sep 14, 2009 10:04am Sep 14, 2009 10:04am
Quoting cttrader
Ok teacher, here is what I see, please correct me if I`m wrong, I want to learn.
Monthly and weekly look bearish to my eyes, but 4Hr and Daily are close to a lower trend line , thus the risk for a bounce; and ,if we break the upper trend line that has put resistance at 153.17 I think we can go up towards 163 or so. But if we break the lower trend line wich is support at 149.25 then we`ll go down like a brick towarsd 140.65 wich is 50 % fib of the entire bull move and also was resistance on the move up.
What do you see .? I` d pretiate your view....
correct
  • #165
  • Sep 14, 2009 10:08am Sep 14, 2009 10:08am
Quoting Forexbaby
Vanakam and good day to all.
Need someone to guide me here.
I has installed all the indicators as given by FXlion, but have some problem on "offline.mq4" and "tight trailingstop9manual).mq4".
Is thi 2 need to be inserted differently ?
the rest i had installed and looks like this

Guys...need some advise. TQ
offline is for back testing indicators

its a saturday sunday time pass

it does not trade

tight trailing stopi is used only to close the trade where you want if you are riding the swing without any set tp
  • #166
  • Sep 14, 2009 2:52pm Sep 14, 2009 2:52pm
Okay, I'm still not up to par on the method of trading but I'm going to really learn to get on track.

I'm going to read the thread again today and start asking questions. I really want to trade for a living and I believe I can. I just need to sharpen my tools and price action is the way to go. It's nice to see everybody helping each other.
  • #167
  • Sep 14, 2009 5:49pm Sep 14, 2009 5:49pm
Hi there Forex Lion, this is my first ever post on Forex Factory so I had better make sure that I don't upset anybody. I've been experimenting with ma's of the RSI and they look remarkably like the Lions Tails indicator. I have been toying with using ma's with RSI at work for days, albeit on a higher time scale. 1 min charts scare me!

I have read the thread and haven't found any explanation of how to use the Lion's Tail. Common sense says we buy crosses up from below the zero line and visa versa for short positions. Am I right or stupid?
Keep smiling
  • #168
  • Sep 14, 2009 7:55pm Sep 14, 2009 7:55pm
Quoting forexlion
with 5 min running @ -75 on the tail indicator, its badly over sold here
Hi Forexlion i wonder why you have -75 while i have -327 in the bottom of my chart ? and during the time you had -75 my tail indi was at around zero line !
is it possible to be specific setting in the fixed minimum and maximun ? Thanks

Luk
  • #169
  • Sep 14, 2009 9:00pm Sep 14, 2009 9:00pm
Quoting PipsRider
Hi Forexlion i wonder why you have -75 while i have -327 in the bottom of my chart ? and during the time you had -75 my tail indi was at around zero line !
is it possible to be specific setting in the fixed minimum and maximun ? Thanks

Luk
could be because of different brokers, tail takes into consideration certain values which change with time zone.
  • #170
  • Edited 9:35pm Sep 14, 2009 9:03pm | Edited 9:35pm
Quoting Misterdaz
Hi there Forex Lion, this is my first ever post on Forex Factory so I had better make sure that I don't upset anybody. I've been experimenting with ma's of the RSI and they look remarkably like the Lions Tails indicator. I have been toying with using ma's with RSI at work for days, albeit on a higher time scale. 1 min charts scare me!

I have read the thread and haven't found any explanation of how to use the Lion's Tail. Common sense says we buy crosses up from below the zero line and visa versa for short positions. Am I right or stupid?
lol, nothing to do with RSI, but something to do with tema
  • #171
  • Sep 14, 2009 9:37pm Sep 14, 2009 9:37pm
Quoting forexlion
lol, nothing to do with RSI, but something to do with Fractals
Fractals? I thought it was a commodity channel index (CCI) that had Ergodic dynamic theorems applied to it for smoothing it out...

Am I missing something (again:nerd:blush:?

jesper
  • #172
  • Sep 14, 2009 10:23pm Sep 14, 2009 10:23pm
Quoting jesperweber
Fractals? I thought it was a commodity channel index (CCI) that had Ergodic dynamic theorems applied to it for smoothing it out...

Am I missing something (again:nerd:blush:?

jesper
not fractals but tema

its actually ema of ema of ema of ema
  • #173
  • Sep 14, 2009 10:24pm Sep 14, 2009 10:24pm
can anyone tell what i am doing wrong with this code

i am trying to figure out the max drawdown of a single trade taken

-------------------
int bars;
double arrlow[];
for (int i=0;i<OrdersTotal();i++)
{
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
bars = (TimeCurrent()-OrderOpenTime())/Period();
}

for (int u=0;u<bars;u++)
{
arrlow[u]=Close[u];
}

double lw = arrlow[0];
Alert(lw);
  • #174
  • Sep 14, 2009 10:56pm Sep 14, 2009 10:56pm
Quoting forexlion
could be because of different brokers, tail takes into consideration certain values which change with time zone.
yeah that was what i tought and i downloaded the mt4 FXPRO just to compare at the same time you have had -75 and there was no difference compare with FXDD, the chart indicate price at the same place around zero line ! And at the bottom left of the chart the same numbers like -375 about instead of your -75 ! And i have used the same templates you had posted in the tread ! So it s a mystery, i don t know what to do with that ! (sorry for my english it s not my native language)
Thanks Forexlion

Luk
  • #175
  • Sep 15, 2009 5:28am Sep 15, 2009 5:28am
Quoting Siuol
Okay, I'm still not up to par on the method of trading but I'm going to really learn to get on track.

I'm going to read the thread again today and start asking questions. I really want to trade for a living and I believe I can. I just need to sharpen my tools and price action is the way to go. It's nice to see everybody helping each other.
Sioul, me too.

Maybe I should also re-read.
What you do is a reflection of you....what I do is a reflection of me.
  • #176
  • Sep 15, 2009 11:06am Sep 15, 2009 11:06am
GU should have reached the end of the tunnel here for this week

just be careful

this PA demands caution
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 12 KB
  • #177
  • Sep 15, 2009 11:29am Sep 15, 2009 11:29am
Quoting forexlion
GU should have reached the end of the tunnel here for this week

just be careful

this PA demands caution
forget the indicators, go beyond the indicators and see what the candles are doing
  • #178
  • Sep 15, 2009 11:35am Sep 15, 2009 11:35am
Fxlion
We have retraced in three waves down to the 50% fib ret., what do you think the most probable scenario is ?.. bull towards 170.43 the daily res. or a continuation of this bear move towards the 161.10 last mayor supp.
My feeling is that we are going to climb. What do you think ?
Cheers
I`ve been wrong before,and I may be wrong again.
  • #179
  • Sep 15, 2009 11:38am Sep 15, 2009 11:38am
Quoting cttrader
Fxlion
We have retraced in three waves down to the 50% fib ret., what do you think the most probable scenario is ?.. bull towards 170.43 the daily res. or a continuation of this bear move towards the 161.10 last mayor supp.
My feeling is that we are going to climb. What do you think ?
Cheers
nothing until 1 hour and 4 hour have the same direction

we are still in a weekly brick building, accidents happen.
  • #180
  • Sep 15, 2009 12:17pm Sep 15, 2009 12:17pm
Quoting forexlion
GU should have reached the end of the tunnel here for this week

just be careful

this PA demands caution
nice PA action
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