What is the function of Symbol_PPD indicator??? Plz explain.
- #272
- May 4, 2015 6:56am May 4, 2015 6:56am
- Joined Jan 2014 | Status: Trader | 1,783 Posts
Hi all,
I tend to agree with some of the comments regarding the need to filter good and bad signals.
Timing as in most things is important, along with optimising default settings of any indicators used imo, otherwise any moves are likely to be too late.
I've been testing out various combinations of different t/f, indicators, and market timings, applying the crossover method along with additional filters to try to achieve optimum entries with some success over the last couple of weeks. Obviously I've had losses which is normal in any development phase, but the losses are relatively small.
I've attached a GBP/CHF magnified chart purposely because of its usual difficulty in determining an entry. The filled highlighted areas show my thinking and the dotted vertical line would have been my potential entry trade line. The hollow highlighted area shows a reversal signal.
1. iymphonie extreme indicator (main signal, tells me to look for longs only)
2. Double EMA crossover arrow
3. Advanced parabolic v2.2
4. MA-in colour (the grey area interests me)
5. Symphonie Matrix and Colour stochastic
The strategy is taking shape now, but still needs further monitoring and tuning to get it to the point of full confidence in it, but it appears to be tradeable at this point. I'll continue to trade this week with it, (alongside my main methods) tuning as I go.
All indicators I used can be found in FF, and as mentioned, all default settings optimised for my needs.
LL
I tend to agree with some of the comments regarding the need to filter good and bad signals.
Timing as in most things is important, along with optimising default settings of any indicators used imo, otherwise any moves are likely to be too late.
I've been testing out various combinations of different t/f, indicators, and market timings, applying the crossover method along with additional filters to try to achieve optimum entries with some success over the last couple of weeks. Obviously I've had losses which is normal in any development phase, but the losses are relatively small.
I've attached a GBP/CHF magnified chart purposely because of its usual difficulty in determining an entry. The filled highlighted areas show my thinking and the dotted vertical line would have been my potential entry trade line. The hollow highlighted area shows a reversal signal.
1. iymphonie extreme indicator (main signal, tells me to look for longs only)
2. Double EMA crossover arrow
3. Advanced parabolic v2.2
4. MA-in colour (the grey area interests me)
5. Symphonie Matrix and Colour stochastic
The strategy is taking shape now, but still needs further monitoring and tuning to get it to the point of full confidence in it, but it appears to be tradeable at this point. I'll continue to trade this week with it, (alongside my main methods) tuning as I go.
All indicators I used can be found in FF, and as mentioned, all default settings optimised for my needs.
LL
