First rule is not to lose. Second rule is not to forget the first rule...
I just stumpled across a pretty old way to trade, maybe you guys now the "guppy strategy"...
I just set it up on my 4 Point range bar chart, and what I see looks really nice! Trade in line with the trend and easy to spot the breakout in the morning (hopefully
)
will test it next week!
I would be more than happy only to catch one of those moves
I just set it up on my 4 Point range bar chart, and what I see looks really nice! Trade in line with the trend and easy to spot the breakout in the morning (hopefully
)will test it next week!
I would be more than happy only to catch one of those moves
- #145
- Aug 3, 2014 12:39pm Aug 3, 2014 12:39pm
everything is better with range bars
I compared the rainbow range bar chart with the M1 & M5 standard chart...
Well, the range bar chart does really doin better! Especially for me in the "german morning", because it copletely takes out the range!
Bad thing now... I can't check which bar sizes are the best for now because of the bloody weekend
But on the 4 point chart its much clearer as on the 2 point chart and has also not that much noise!
Will check tomorrow morning how it is on the 6 & 8 point chart for the bigger picture
Looking forward
to filter noises nothing better than median renko, but still has noises, there is no way to filter 100% of course... the problem with those bars is the reversion bar.. screws everything... I prefer range after all 
this week will be my last week in country for a while so I wont have too much time to test this new templates
let's see how it's gonna be after... seems very promising
this week will be my last week in country for a while so I wont have too much time to test this new templates
let's see how it's gonna be after... seems very promising
"To get rich you must have a lot of money" - Joe Abandoned Mine
{quote} I can't check which bar sizes are the best for now because of the bloody weekend
You can customize the size of the range bars that you want.
And best of all it can import indicators from metatrader.
Here is a screen grab form the platform with the guppy template on a 3 pip range bar with the information of the last 3 days of market.
Warning this platform only supports 3 sub windows for example you can only put 3 windows of rsi if you try to put the 4º rsi protrader will put in the main window which can make it weird.
{quote} For things like weekends or simply a day that i couldn't have my computer on, so I can't collect the information to create correct range bars , I use the Protrader platform it creates range bars based on ticks. Of course if you are experimenting with 1 pip range bars you may see small differences here and there, there are small differences from broker to broker. You can customize the size of the range bars that you want. And best of all it can import indicators from metatrader.
I used protrader for a few months and i found it very good, then i took it off because often it didn't import properly mt4 indicators. Do you always can import them well?
Just took this short trade on crude oil, easy trade. It is monday, a bit slow market for now. Let's hope for the afternoon...
First rule is not to lose. Second rule is not to forget the first rule...
- #150
- Edited 7:04am Aug 4, 2014 6:53am | Edited 7:04am
{quote} I don't have many problems importing indicators in protrader, the problems that I found was with the impulse system bars, but it worked in histogram mode. ***Forgot to say in the previous post that you can easily convert a indicator made for the main window to a sub window with only a click of the mouse.*** Other problems that I had is using mtf moving averages in real time. It causes some problem, the MTFMA simply goes wild, I talked to one of the protrader programmers he said the he had found a small bug in the mtf indicators and it was...
mmhh, got it...maybe i can give it one more chance...
second trade of the day, another just closed short trade on crude oil!
EDIT:
First rule is not to lose. Second rule is not to forget the first rule...
oh nooo.... that really sucks! :nerd:
but 9 Points in the bank is better than a loss
yes, this is true.Did you try that rainbow guppy setup today? Impressions?
First rule is not to lose. Second rule is not to forget the first rule...
Did you try that rainbow guppy setup today? Impressions?
Will really check it on wednesday when I got off!
Also have another simple idea to check out.
Iam also waiting for the big move on DE30, so far -23 Points for me
This Thing is just bouncing around the 9200 all day... hope it will come soon !!
I could set the chart but price ain't updating, no new candle... what am I doing wrong?
Probably you miss something or some wrong settings. Did you follow the set-up instructions on first post?
mmmhh maybe dll calls?
Make sure your expert advisors options is like this (in the tools menu)
First rule is not to lose. Second rule is not to forget the first rule...
- #158
- Edited 11:47am Aug 4, 2014 11:10am | Edited 11:47am
Just to show these three demo trades on NASDAQ...how simple it is to scalp indices with only drawing "the" correct trendline and nothing else more.
But, please, come on, i'm boring to be the only one who posts some trade
post your trades folks: real trades, demo trades, losing trades, "OnlyInMyMind" trades, it doesn't matter, but join the thread! The only requirement? Trades caught with range bars charts.
But, please, come on, i'm boring to be the only one who posts some trade
post your trades folks: real trades, demo trades, losing trades, "OnlyInMyMind" trades, it doesn't matter, but join the thread!
The only requirement? Trades caught with range bars charts.
First rule is not to lose. Second rule is not to forget the first rule...
