By the way your "Quartile" is a Gann Square of nine.
I know because I posted the indicator to these boards 8 years ago
The last time I looked it had 2756 downloads.
But you didn't know that did you?
Hope that helps
Roy
Polishing my crystal ball
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Disliked{quote} Of course nothing here is personal! I'm just trying to make a point so we can get the truth out. Let's be clear. According to the classic trend following concept like the one described and used by the turtles, Richard Dennis, Ed Seykota and all other famous trend followers..it says that the correct way to trade the trend is to buy high and sell higher, or sell low and buy lower. The problem is that this methodology no longer works! The markets have changed. What use to work in the past is now useless. You see, back in 70's and 80's the...Ignored
DislikedThis is just the M5/M1 chart of today's London session GBPJPY. Not a single mention of the word, "trend", but "direction", however, is all over these two charts - even in such low TFs as M5/M1 (they're all noise, right????) I trade with a supply/demand indicator but have taken it off these charts for clarity. Supply/demand isn't everyone's cup of tea, but for those who may gravitate towards it they'll find a way of using the various indicators out there that will obviously sit with their own personality. This pair has currently rallied for 60 pips...Ignored
Disliked{quote} Hello mate I admire your ambition to share your very stable and profitable approach to trading, but I am somewhat baffled that the thread is full of squatters, very few of whom seem to care about your posts From what you have shared so far, it looks very similar to my approach, even though I don't use time based charts, and am a bit more aggressive with counter-trend and reversal entries. The kind of approach that works day in day out, every dayIgnored
Disliked{quote} When you say you are a bit more aggressive with your counter-trend and reversal entries, do you mean that you just take them earlier?Ignored
Disliked{quote} Compared to your last chart, the circled lows would be counter-trend opportunities for me, and the timing of first one (9am) indicating the move may be over. So the second circle would be a potential low, even though I would just go for return to the MA. Then the horisontal line would be reversal setup. {image}Ignored
Disliked{quote} Do you exit your short I wonder, or just keep it running through the counter trade, and then add to it on the roll over? Now that would be very flash!Ignored
Disliked{quote} Not that flash... Exit short on first yellow circle, and then avoid further shorts as risk/reward is worsening and whipsaw risk increasing.Ignored
Disliked{quote} Okay, but as your lower dashed MA and the red one seem to have the price pretty nicely contained, on this particular move at least, the R/R on a short from the first rollover above the yellow circle would appear to be at least, if not better that your counter trend, and of course, iy would be with momentum rather than against it. It's just interesting to me, as you would take the counter trend but not the momentum trade, the exact opposite of what I would normally do, and that would have been worth 50 pips if closed out upon contact with...Ignored
Disliked{quote} Agreed, but it's a psychological thing. That strong bounce at 9am from 10250 makes me stop looking for short, even though I know it'sgood for another move down.Ignored
Disliked{quote}I don't think we ever completely learn to master the psychological demons do we?Ignored
Disliked{quote} No, we don't. Or at least I haven't. Rather it's a matter of taming them somewhat, and learning to live with them. One of my demons is the counter-trade demon, which i need to feed with trades as indicated above, or he might start doing stupid things.Ignored