Strong selling signal on GPBUSD, at the same time as a dissimiliarity zone is about to start. I wonder what will happen first.
less than
- #11,842
- Nov 8, 2014 6:29pm Nov 8, 2014 6:29pm
{quote} Hi mehtabkk, Please don`t get mad at me I ask this question the very first time and just because I cannot wait market open hours: Does CSS indi repaint? I suppose it does because it`s based on TMA Slope which is a repainter itself. Cheers Kore
Enjoy
Traders gain some knowledge, win, their emotions kick in, and they die.
{quote} NO, it does not. CSS is the statistical calculations of a currency against all others. The value is taken from 28 pairs and weighed.
I hope you are right because it would be a really good news
GU-Night (http://www.forexfactory.com/gu-night)answered my question a bit differently: "It doesn't repaint if you set 'ignorefuture' to true. But opinions are different if we can call it 'true TMA' then."
In that case nor can I myself call it true TMA because I know what that above mentioned difference means.
mehtabkk (http://www.forexfactory.com/mehtabkk)have you used it with ignorefuture set false, and no repainting yet?
Thanks
......The 4 conditions can be found here (http://www.forexfactory.com/showthread.php?p=7831903#post7831903). Then there exist only 2 situations where the condition is not met. This is shown in this example (http://www.forexfactory.com/showthread.php?p=7832070#post7832070) provided by EURUSDD. Therefore the 2 situations, in the example of using highs, are: 1. Higher high (HH), lower high(LH), HH, LH 2. LH, HH, LH, HH These 2 situations can also be found by using the tree example by EURUSDD posted here (http://www.forexfactory.com/showthread.php?p=7833206#post7833206)....
I think this very powerful concept is not easy (especially for me
). I saw at the code provided by some mates here, and the rule is some thing like this :if((high[t1+1]>high[t1+3] && high[t1+3]>high[t1+5]) ||
(high[t1+3]>high[t1+4] && high[t1+4]>high[t1+5]) ||
(high[t1+1]>high[t1+2] && high[t1+2]>high[t1+3]) ||
(high[t1+2]>high[t1+3] && high[t1+3]>high[t1+4]) ||
(low[t1+1]<low[t1+3] && low[t1+3]<low[t1+5]) ||
(low[t1+3]<low[t1+4] && low[t1+4]<low[t1+5]) ||
(low[t1+1]<low[t1+2] && low[t1+2]<low[t1+3]) ||
(low[t1+2]<low[t1+3] && low[t1+3]<low[t1+4]))
{
So, we are looking for the high (if up trend) and low (if down trend).
1) How can we know that it is in up trend or down trend at the moment (in coding, without looking at the chart) ? Do we use EMA ?
2) In the picture below, there are LH,HH,LH,HH and HL,LL,HL,LL .... which one should we use ?
Hm .... still need time to understand this......
Thanks
Kiads Since I am not a coder, here is the food for your thought and come up with your trading system "Atom Bomb". LOLsss {image}
Edit: may i know where can we get the Single pair CSS like yours on the chart ?
- #11,847
- Edited 8:00pm Nov 8, 2014 7:03pm | Edited 8:00pm
{quote} I hope you are right because it would be a really good news
He is right, repaint with Ignore Future set to false and does not repaint if set to true. We can also use (CSS, one pair) for the pair we trade and CSS 24 pairs for overall performance.
I had set both CSS on my CSS template. It helps and confirms currency trend change. A currency in the upper CSS will go above zero level when it changes direction from selling to buying against all others and the lower CSS will show the point where a currency changes its direction. But the best trade will be against the currency which is falling below the 0 level.
When two currencies cross each other, it also hints that the trend has changed.
Hope it helps
Traders gain some knowledge, win, their emotions kick in, and they die.
- #11,849
- Nov 8, 2014 7:10pm Nov 8, 2014 7:10pm
{quote} Good idea, thanks mate for sharing the idea of using CSS
All the indicators are included in my shared zip file. Post#11827
Traders gain some knowledge, win, their emotions kick in, and they die.
{quote} Dear Kiads, Rparm (http://www.forexfactory.com/rparm)and cfdtaleong (http://www.forexfactory.com/cfdtaleong)have already asked you about it but I ask you once again just to make it sure this is the way to interpret your theory and picture. Because unfortunately I see no edge on the picture (and backtest). All The Best Kore {image}
Hi, not sure I understand you right or I misunderstood Kiads, but you mention "cut the middle TZ bars"? My interpretation is in the picture. The reference is between the BB and PTZ rectangle itself, not the bars. "Back charting" was rather impressive for me on a number of pairs. You'll see that GU will likely want to come down a bit next week
and dollar strength for that matter I want more brain power!
- #11,853
- Nov 8, 2014 10:06pm Nov 8, 2014 10:06pm
- | Joined Oct 2008 | Status: Learning | 1,057 Posts
What you do is a reflection of you....what I do is a reflection of me.
- #11,854
- Nov 8, 2014 10:12pm Nov 8, 2014 10:12pm
......
Please correct me if i am wrong mates.
Similarity can change your life !
- #11,855
- Nov 8, 2014 10:35pm Nov 8, 2014 10:35pm
{quote} {image} Hi, not sure I understand you right or I misunderstood Kiads, but you mention "cut the middle TZ bars"? My interpretation is in the picture. The reference is between the BB and PTZ rectangle itself, not the bars. "Back charting" was rather impressive for me on a number of pairs. You'll see that GU will likely want to come down a bit next week
If BB will cut the PTZ it would also cut the middle bar. Except for that one thing we interpret it the same way. But you will never have such a vertical BB cut like on the left side on your picture (I have tested it with backtester). And right side of PTZ isn`t supposed to be formed yet (not like on your picture). I really would like to see (and trade) that impressive edge you see, but I can`t see it no matter how hard I try...
But now let`s have some fun: Bernard Hopkins vs Sergei Kovalev boxing match starting in a few minutes.
- #11,858
- Edited 12:33am Nov 9, 2014 12:06am | Edited 12:33am
- Joined Aug 2005 | Status: Trader | 1,188 Posts
uhmm .. last night I thought of one thing: if we know a point of attraction then it might be useful to know a totally abandons the point where power ends.
This, to me it might be useful, for example, to find a good place to stop loss.
Around I found the indicator COG (Centre of graity) but I do not like it very much because I want the center to remain fixed on one point ...
Excuse me guys, and 'just a thought ... but what do you think about this?
This, to me it might be useful, for example, to find a good place to stop loss.
Around I found the indicator COG (Centre of graity) but I do not like it very much because I want the center to remain fixed on one point ...
Excuse me guys, and 'just a thought ... but what do you think about this?
{quote} {image} Hi, not sure I understand you right or I misunderstood Kiads, but you mention "cut the middle TZ bars"? My interpretation is in the picture. The reference is between the BB and PTZ rectangle itself, not the bars...
Here's your money maker for next week...
Hey again FX-Jay, thanks for sharing your call! If you wouldn't mind could you tell us what in this thread has improved your trading the most, TZ, similarity or perhaps a post that gave you new perspective? And lastly do you do Multitime frame analysis or prefer sticking to 1 timeframe.
It seems as if this thread has been focused on TZ lately but trading them with a "reversal" type method. There is one problem that I see and I hope someone can change my perspective and allow me to see how to use these reversals the way the do... but here's why I believe trying to Reverse a PTZ doesn't work for me:
It has been presented many times before, when using a decent H value price is rarely H transient..... page 6 of the PDF: "TZ RZ Clues and Lessons" not to mention numerous posts by others including the man himself, Eurusdd.
a Potential TZ... is just that, it has the potential to become Transient but based off of the H value being used: odds are that it will repaint
There are two basic trading options that I can see with TZs:
1. Trade the reversal of a PTZ, the odds of it being a non repainting, true H-TZ are very slim but stop loss can be tight
2. Trade in the direction of PTZ example if its Top PTZ go long because chances are it will repaint... DD is a major issue with this method
There is however the "secret method":
The method that was shown clearly by FX-Jay and Eurusdd not too long ago on... page 575, that was discussed by many before but not so obviously shown (giving credit to the guys who are no longer active on this thread).
my point being:
Why don't we try and elaborate on this "secret" some more instead of falling back into Reversals and Continuations??? True HTZ Reversals rarely happen... and to get a good entry with minimal DD expecting a continuation is a long shot
this is the last time I post a question regarding TZ reversals with BB, I hope someone can clarify with Sciurus indi chart and their entries clearly shown and explained on a chart. Thanks all, I hope I don't come across as negative and I envy those of you who are capable of consistently trading the methods I described above!
A Positive Mind, and Positive Spirit lead to True Happiness