{quote} why you ask me that exact specific timeframes?i dont use strength since a while,didnt worked as i wanted.
- #2,602
- Apr 12, 2016 9:09am Apr 12, 2016 9:09am
- Joined May 2014 | Status: Trader | 4,735 Posts
{quote} Yep, Strength Indicator the most buggy resource Hog
Take what you can, give nothing back
- #2,604
- Apr 12, 2016 9:23am Apr 12, 2016 9:23am
- Joined Nov 2012 | Status: Coder | 8,521 Posts
{quote} Yep, Strength Indicator the most buggy resource Hog
Try don't lose pants never...
- #2,605
- Apr 12, 2016 9:28am Apr 12, 2016 9:28am
- Joined May 2014 | Status: Trader | 4,735 Posts
{quote} Husky The biggest problem I am having is when price gets near the top or bottom the SNR isn't closing the trade to lock in profit because price doesn't have anymore room to move. If I set EAX to minimum of 70 pips ADR and max PSO to 45 that might help?
at some point i was thinking just to lock simple a tp in pip[s for each trade like 20 pips profit wich is a very decent thing to do.take 10 trades x20 = 200 pips= heaven
but of course i fucked things up cos i dont play with decent
Take what you can, give nothing back
- #2,608
- Apr 12, 2016 11:09am Apr 12, 2016 11:09am
- Joined Nov 2012 | Status: Coder | 8,521 Posts
I find Strength as a very good indicator for catching long trends, the only exit i find logical up till now is with a basket TP, lock trail make you loose money on swings, and SnR doesn't mix well with strength, since SnR is good for Ranging market, and Strength for trending market Ranging Market = your equity is red most of the time, but your balance is progressing with SnR signaling an exit on change of direction. Trend Market = your equity is green most of the time, but your balance is slowly getting lost (due to trends ending or changing directions)....
Try don't lose pants never...
- #2,609
- Apr 12, 2016 11:32am Apr 12, 2016 11:32am
Glad we are on the same page 
, now what i'm thinking for ranging markets, we need a tool to filter out the real trending markets, i'm not good with indicators, the only simple tool i know is ADX above 25 = possible trend, below 25 = possible range market, but i don't see something similar on EAX dashboard?
That way could help avoid entering on big trends for SnR setups...
From what i saw Husky doing, is trading on Asian sessions which is good, but i found not all days works this way, but generally it looks like this :
Asian session = More ranging market
London session = More trending market
NY session = trending but with more retracements and swings since they start closing their trends
, now what i'm thinking for ranging markets, we need a tool to filter out the real trending markets, i'm not good with indicators, the only simple tool i know is ADX above 25 = possible trend, below 25 = possible range market, but i don't see something similar on EAX dashboard?That way could help avoid entering on big trends for SnR setups...
From what i saw Husky doing, is trading on Asian sessions which is good, but i found not all days works this way, but generally it looks like this :
Asian session = More ranging market
London session = More trending market
NY session = trending but with more retracements and swings since they start closing their trends
- #2,612
- Apr 12, 2016 11:59am Apr 12, 2016 11:59am
Catalin68, i'm still on W1 entry, but i exit on M15 + H1 instead of waiting for M15 + H1 + H4 + D1 
, i know it's too early to get out of the trending boat, but at least helped me cut loose the Yen bad turn this week, GBPJPY + USDJPY ones...
Let us know how it works for you the D1 exit, maybe my current setting is going to be bad on the long run...
Also thanks for mentioning CSM/RT/W1 table on your previous post, helps me understand more the pair strength of the week, looks like CAD is pulling the strings this week, we will see how it goes...
, i know it's too early to get out of the trending boat, but at least helped me cut loose the Yen bad turn this week, GBPJPY + USDJPY ones...Let us know how it works for you the D1 exit, maybe my current setting is going to be bad on the long run...
Also thanks for mentioning CSM/RT/W1 table on your previous post, helps me understand more the pair strength of the week, looks like CAD is pulling the strings this week, we will see how it goes...
- #2,613
- Apr 12, 2016 12:04pm Apr 12, 2016 12:04pm
- Joined Nov 2012 | Status: Coder | 8,521 Posts
I have dropped since yesterday, on the strength of up to max TF D1 (too many transaction requests/pair). As I advised Hotpotato we returned to the entry W1, but exit on D1. Let's see what will happen ... {image} {image} {image} {image} {image} {image}
{quote} Your configuration file to load in TZ Dash
Try don't lose pants never...
- #2,616
- Apr 12, 2016 12:16pm Apr 12, 2016 12:16pm
- Joined Nov 2012 | Status: Coder | 8,521 Posts
Try don't lose pants never...
- #2,617
- Apr 12, 2016 12:22pm Apr 12, 2016 12:22pm
{quote} It's easy get settings for work in range or trend markets. DashTZ have 2 problems only. Exits and how change between range/trend smoothly. It's needed market detector but is more important manage closes. It's hard at this moment answer you but I'm testing different approaches...
Exit and smooth change between range/trend = holy grail lolrushamg, got caught in the loss too yesterday, the Yen did a quick turn on Monday (there was a high alert on news calendar but kept them open, i read they say to avoid trading on Monday asian session), not sure if this case is related...
- #2,619
- Apr 12, 2016 12:50pm Apr 12, 2016 12:50pm
- Joined Nov 2012 | Status: Coder | 8,521 Posts
Try don't lose pants never...
