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"Katana Trading Strategy"

  • #181
  • Dec 23, 2011 5:38am Dec 23, 2011 5:38am
Price just going sideways now... not much can do about that...
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  • #182
  • Dec 23, 2011 6:20am Dec 23, 2011 6:20am
Quoting Musashi
Price just going sideways now... not much can do about that...

can you share your template ??
  • #183
  • Dec 23, 2011 8:14am Dec 23, 2011 8:14am
Felt like forever.


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  • #184
  • Dec 23, 2011 7:16pm Dec 23, 2011 7:16pm
The market did attempt to continue higher, however it eventually reversed and stopped me out.
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  • #185
  • Dec 23, 2011 7:20pm Dec 23, 2011 7:20pm
Equity Curve
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  • #186
  • Dec 26, 2011 9:29pm Dec 26, 2011 9:29pm
Hi
I tried to understand how you understand that the price is not able to break, say, 1,3000 resistance? I mean, when it is better to short in this case? Say, I wait for the 3rd bar to close down and I am in? or what?

And, yes, could you please share your template and indicators?
Onegai!
  • #187
  • Dec 26, 2011 11:39pm Dec 26, 2011 11:39pm
Quoting fr_fxtrader
Hi
I tried to understand how you understand that the price is not able to break, say, 1,3000 resistance? I mean, when it is better to short in this case? Say, I wait for the 3rd bar to close down and I am in? or what?
I'm not quite sure I can answer this question, however previous intraday support or resistance combined with xx00 xx50, then waiting for confirmation from continuaiton stochastic to indicate the pull back is potentially finished. This is the nuts and bolts of the trading plan, and using the moving averages and stochastics to indicate trend or direction to trade. That's pretty much it.
  • #188
  • Dec 27, 2011 4:39am Dec 27, 2011 4:39am
Hi Musashi,

Just wanted to ask you or whoever using the stoch bar, does it need refreshing when used in a range bar chart?.., coz i've noticed sometimes when i refresh the indicator panel, it shows different colors than what was actually there
  • #189
  • Dec 27, 2011 4:43am Dec 27, 2011 4:43am
Quoting paapi
Hi Musashi,

Just wanted to ask you or whoever using the stoch bar, does it need refreshing when used in a range bar chart?.., coz i've noticed sometimes when i refresh the indicator panel, it shows different colors than what was actually there
No, it wont change, only changes on open bar if it goes above or below the set level as the moves up and down, however once the bar closes, the levels wont change. Hence the bars don't change color.

Not sure how you could of noticed a change in color unless the bars have changed after closing, not sure how this could happen, I haven't seen it happen using my range bar expert.
  • #190
  • Dec 27, 2011 4:45am Dec 27, 2011 4:45am
Quoting Musashi
No, it wont change, only changes on open bar if it goes above or below the set level as the moves up and down, however once the bar closes, the levels wont change. Hence the bars don't change color.

Not sure how you could of noticed a change in color unless the bars have changed after closing, not sure how this could happen, I haven't seen it happen using my range bar expert.
Yeah.., even i'm wondering about that.., maybe it does not happen when i use the normal stoch, but when it comes to bars, i've noticed it a couple of times.., i will still check and see if it really is the case.
  • #191
  • Dec 27, 2011 4:51am Dec 27, 2011 4:51am
Quoting paapi
Yeah.., even i'm wondering about that.., maybe it does not happen when i use the normal stoch, but when it comes to bars, i've noticed it a couple of times.., i will still check and see if it really is the case.
Just remember range bar uses m1 to generate the bars. Only way for the range bars to change is if the m1 data changes.
  • #192
  • Dec 27, 2011 5:15am Dec 27, 2011 5:15am
Quoting Musashi
Just remember range bar uses m1 to generate the bars. Only way for the range bars to change is if the m1 data changes.
Hi Mushashi..,

Please don't mistake.., i'm not talking about range bars, but the stoch bars..., i just saw one now, which had printed already and now the other bar was forming, as soon as i refreshed, the color of the previous bar also changed ..
  • #193
  • Dec 27, 2011 5:18am Dec 27, 2011 5:18am
Quoting paapi
Hi Mushashi..,

Please don't mistake.., i'm not talking about range bars, but the stoch bars..., i just saw one now, which had printed already and now the other bar was forming, as soon as i refreshed, the color of the previous bar also changed ..
Post this indicator here for me to check please.
  • #194
  • Dec 27, 2011 5:20am Dec 27, 2011 5:20am
Quoting Musashi
Post this indicator here for me to check please.
Hi Mushashi,

Here you go.., any help in this regard is greatly appreciated.
Attached File(s)
File Type: mq4 Color Stochastic v1.02.mq4   12 KB | 459 downloads
  • #195
  • Dec 27, 2011 5:29am Dec 27, 2011 5:29am
Quoting paapi
Hi Mushashi,

Here you go.., any help in this regard is greatly appreciated.
I will try to replicate this on m1 time frame.
  • #196
  • Dec 27, 2011 5:53am Dec 27, 2011 5:53am
Quoting paapi
Hi Mushashi,

Here you go.., any help in this regard is greatly appreciated.
I screen captured an image of the chart showing the histogram bars using arrows to indicate green and red bars. I restarted the platform and then compared the bars. I found one bar that was not the same color after the restart.

In other words after the data was refreshed from the broker after a restart the bars on the m1 changed slightly for whatever reason.

This obviously has affected the histogram color as the level is different because the bar size changed slightly after the restart.

Note the level that was used was 50.001 for overbought and 50 for oversold.

So it seems that you are correct one of the bars on the histogram has changed color after a restart of the platform, based on the m1 bar variation.
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  • #197
  • Dec 27, 2011 6:03am Dec 27, 2011 6:03am
Quoting Musashi
I screen captured an image of the chart showing the histogram bars using arrows to indicate green and red bars. I restarted the platform and then compared the bars. I found one bar that was not the same color after the restart.

In other words after the data was refreshed from the broker after a restart the bars on the m1 changed slightly for whatever reason.

This obviously has affected the histogram color as the level is different because the bar size changed slightly after the restart.

Note the level that was used was 50.001 for overbought...
Hi Mushashi..,

Yeah., that is what is bothering me right now.., do u have a suggestion please?
  • #198
  • Dec 27, 2011 6:04am Dec 27, 2011 6:04am
Sorry for my english...wat's the parameters of moving average and sthocastic?
Thanks
  • #199
  • Dec 27, 2011 6:11am Dec 27, 2011 6:11am
Quoting paapi
Hi Mushashi..,

Yeah., that is what is bothering me right now.., do u have a suggestion please?
I would not be too concerned by this. What is important is the level of the pull back against the trend, for example if you are interested in price once it reaches a level of 80 a change of 0.01 can potentially change one bar, and only one bar. This is not going to make or break a strategy.

All this means is that you may or may not miss a single trade on visual backtesting, when in a live chart you may enter or you may not enter based on this level.

I would not say this is a major problem. A major problem would be an indicator that after refresh changes more than one bar at a time, like some I've seen where up to 7 bars can change after a refresh. Repainting can be a serious problem, no doubt about it.
  • #200
  • Dec 27, 2011 6:14am Dec 27, 2011 6:14am
Quoting Tom Joad
Sorry for my english...wat's the parameters of moving average and sthocastic?
Thanks
It is of little consequence which moving average period you use to determine the trend. 50 100 150 or 40 90 140... do you see my point.
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