Trading with Style

Hi Aces, i have no idea how to use your indicator ?
can you explain it

Jin Shan

Thats great,

I will test out in demo next week & report back.

I see more subtle tweaks, you have a very good asthetic eye.

Thanks, have a good weekend

Alien

Hi DJS,

Sorry, I like to add "accessories" in my indy, just to make me not bored..
first I have to set the range i want. BackDay = 1 means the range is from yesterday to current time. Risk = 1 mean 1% of my AccountEquity.
(see pic. below)

then I have pivot, Highest and lowest price. Pips range, recommended lotsize.

triangle in top right corner show trend in range. blue up I tend to long, and above pivot, i tend to go long. and vice versa. careful when trend is up but price is below pivot. it can go down but it can also back to pivot.

The indy then "search" 6 candle signal. Engulfing (bull and bear), Pinbar (bull and bear), insidebar and "all red - all green".
Please note engulf, pinbar and inside bar is generated by my definition base on resource I browse from internet and FF forum (Price is everything by RedSwords is one of my favo..he's truly expert guy..
and also this link).

The indy only show the last signal is detected.
if all signal from history are shown, it will make lot of icon/symbol in my chart..
Once one of signal appear, I can take trade accord with signal direction.
All signal have risk, and also one signal and another can be contradictory, that's the one of "the hard part" . I have to decide, which signal I want to follow, its not an easy one kawan...

And the other hard part is, what TF I want to pick as trigger of my trade..
and when I decide to take profit...
Sometime bullish engulf in H1 but bearish pinbar in M5, or M15..etc
, hufff

So, basically i want to say, the indy is only kind of TOOL to me to have an "idea" to trade...it's not 100% true signal, but its also not 100% wrong...

please see pic. below for more info...

Have a nice trade,

========
rgrds

you're welcome, yes please give your feedback ..

have good weekend too..

====
rgrds

thanks for your explanation Aces
Will test it out

Best regards,
Jin Shan

hi AcesHigh,

Hope you had a good weekend?

All stable so far, though markets have been slow.

I think it would be a good idea to not have the signal colour boxes on the right update in real time. Instead update at the end of each current candle close. This will stop the boxes dancing around, save on computations & instil discipline to wait before making trade decisions.

Also looking back at your screenshots, I think it would be helpful to put back the pivot median line, or at least have an option to turn them on.

OK, laters

Alien

Hi AT,

Thanks, I did have a good weekend, after make some pips.
I just realize a simple thing as candle formation can be profitable, well at least in last 4 day since I was try in my live account...

Okay, there you go..
But i prefer to use bar indocator put in right chart...
make me focus on last signal..not past...

=====
rgrds

npb..happy trading and make some pips...!

hi AcesHigh,

miss my meaning. What I am saying is have the boxes update at the end of current candle close. Instead of in real time as current candle is moving up & down, boxes flash on & off.

The placement of them neatly on the right is fine. Though an option to toggle them from the right to their position on chart may be handy in locating the highlighted bar.

cheers

Alien