DislikedCan you repeat what the indicator value you are using and which tf as main? Do you use those S&R indicator posted? Can you show us a screenshoot? Just too many post and unsure which is good and not. Thanks in advance.Ignored
Regards
Looking for the slope of a slope histogram? 0 replies
T3 Slope Indicator 5 replies
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Trading system with MACD-Slope 20 replies
I want to understand the term "SLOPE" 5 replies
DislikedCan you repeat what the indicator value you are using and which tf as main? Do you use those S&R indicator posted? Can you show us a screenshoot? Just too many post and unsure which is good and not. Thanks in advance.Ignored
DislikedI have been using a variation of this system for some time now. It is a pretty decent system, I really do like the slope directional line as to how PA relates with it. Works really well on a M1 TF..... for me at least. I will read through this thread to see if there are any neat ideas I can incorporate with my way of trading the slope.
LohadIgnored
DislikedThis is the only way I trade and I like it.
I trade the daily only so have daily, 4H and 1H slope lines on my daily chart and wait for them to all be the same color. I don't have the courage yet to let my trades run till get a signal in the opposite direction so usually close too early with 50 to 100 pips. It's working so far but will keep you updated.Ignored
Dislikedcan someone let me know what the input settings stand for in the Slope Direction Line indicator.
I just can't find any reference to them anywhere.
thanksIgnored
Dislikeddepends on you! Try out what works best!
I think the most are using the default settings, but if you read the thread you'll also find period=12 as setting. The other inputs are the default.Ignored
DislikedHello!
This looks like a very nice system, which I will start demoing very soon.
I have been having a fiddle with Ronald Raygun's eas, but can't get them to perform well (at all) in backtesting. I know that MT4 backtests are not perfect, but...
Has anyone had success with the ea? Can you share your settings / pair(s)
Thanks in advance
CharlieIgnored
DislikedHey all, Iv been trading with the slope recently, found that matching 4hr 30min 15min and 5min gives pretty good entry prices however exiting is the problem.
Any one care to share how they exit or suggestions?
Lots of potential here.Ignored
Expectancy = (Probability of Win * Average Win) - (Probability of Loss * Average Loss)
You can not control the probabilities of wining or losing.
You can not control your average win size.
The only part of the equation of the equation that you can control is your average loss size.
THE ILLUSION OF CONTROL
"Individuals appear hard-wired to overattribute success to skill, and to underestimate the role of chance, when both are in fact present."
[Langer, E. J., The Illusion of Control, Journal of Personality and
Social Psychology 32 (2), 311-328 (1975)]
FINANCIAL MANAGEMENT
"After a full cycle of rise and fall after which stocks were valued just where they were at the start, all his clients lost money (Don Guyon, 1909).
Many academic works suggest that most managers underperform "buy-and-hold" strategy; persistence of winners is very rare, etc.
Most funds consistently fail to overperform random strategies (dart throwing)."
OVER-OPTIMIZATION
Rats beat humans in simple games
People makes STORIES!
"Normal people have an "interpreter" in their left brain that takes all the random, contradictory details of whatever they are doing or remembering at the moment, and smoothes everything in one coherent story. If there are details that do not fit, they are edited out or revised!"
(T. Grandin and C. Johnson, Animals in translation (Scribner,
New York, 2005)
PDF here
The rat will beat you if you do not understand this.