ALF revisited - simple, effective daytrading 1,194 replies
1min scalping using mtf ALF by bbolss 685 replies
How difficult is it to find an effective daytrading method? 156 replies
Alf Alert problem 2 replies
tvi histogram 0 replies
DislikedI am still analyzing behavior of price when TVI diverges, but from a pure technical standpoint when the TVI diverges from Price it means that the price movement is running out of strength.
I spent the weekend analyzing old charts and TVI divergence and have found nothing quantitative.
MarkIgnored
DislikedMay I ask another Question for all the vets here, First how do you get two indicators in one window ie Histogram and tvi color.Ignored
DislikedHi,
pls always use wider SL for GU, EJ, GJ cos of their volatility.
Foe EU, ur stops can be tight.
That positon could have been won if ur SL were wider than that and if you have a confirmation of the trend on the higher TF.
Best wishesIgnored
DislikedHi pipzap I have not been able to get the template or the two gif indicators from post #1 onto my MetaTrader 4 spent hours on it but no success with the bugger. so just wondering if you could post a link to your template ,
not being lazy but working with old eyes
I have the TVI indicator
thank you and all who have posted
JayalFXIgnored
DislikedHi forextec,
If I understand right, shorts are only to be taken when PA are below ALF.
Since I am posting in Lou´s thread, I thought I was going to show trades taken by this method only.
However, I were scalping that level yesterday but not with this method, basically because it was a Resistance level on my H4 chart and the ATR were above average for the day.
Hope this clear things up a little.
-PiFellas-Ignored