Ok, this is example of engulfing pattern types and you could see that you can’t only rely on the pattern itself but you should also look at where this pattern show up and still need other references to make decision and that will make ‘late’ decision and increase your trading risk.

In the other hand, if you study the ‘wick’ formations, actually…[Read more]

Hi Brother, for ‘wick’ oscillator you could search for wick-o-gram indicator on FF or TSD, but for wick patterns analysis what you need is only naked candlestick chart.

MTH

The main question is,  are you sure that ‘engulfing pattern’ is profitable pattern from risk and reward point of view ?  from my personal opinion, ‘engulfing pattern’ is late and high risk pattern.. lol.

As we know that we could ‘find’ engulf from M1 to MN time frames, so for example in monthly chart, you can only make sure that the current p…[Read more]

Nice discussion, subscribed  but where we go next ? searching for ‘more’ simple trading system ?  are you sure ? do you need that  simplicity ? is there one that fit for all ?

previous discussion give us exact example that there’s no such thing that so easily fit for all.. lol.

Even there’s so many theories about the meaning of ‘strength’.. om…[Read more]

Downlod the latest version and set QuickTakeProfit to 1, QuickTakeProfitType to SLMultiplier and ModifyTakeProfit to false. Thus you can have R:R of 1:1 for all your trades.

Hi All,  too quite here lately.. lol,   hopefully all of you always in a great healthy and prosperity and always in happiness with your trading hobby.. 

Just record my progress in last Feb 2016

This is summary of February trades

Currently I’m in ‘temporary floating minus’ for approximately 4% of my current equity.. lol, but of cou…[Read more]

Hi Brother, sorry for very late reply..

yes, You could ‘lock’ the TVI oscillators range to the widest one so the shorter range will follow the wider range oscillator, and keep the center line equal to all the superimposed oscillators.

By doing that, maybe you will loose the ‘detail’ of every oscillators but you could see the ‘general’ movement…[Read more]

Hi Eamonn,

There’s nothing to be added to something. We’re just displaying a bullish or a bearish colour on each bar. The question is: which colour on a Sunday candle?

s.

@Eamonn, @gg53:

What should happen if a Sunday bar is detected?

display nothing?
display previous value?
display ‘exception’ colour?
… ?

s.

I just came across Chuck LeBeau’s following presentation:

https://community.tradestation.com/discussions/data/20050225165005lebeau.pdf

That one was not written for the forex markets, but Chuck highlights some interesting thoughts regarding our current Trailing Stop vs. Taking Profit discussion.

s.

From my side, CIX is on the table. It reflects my current knowledge, and I’m staying open for any suggestion to enhance the base algorithm. Latest WIP version has got minor changes regarding calculation of slope by linear regression.

The longer I’m working with CLEAR, the more I prefer it displayed as a line on chart instead of a separate…[Read more]

Hi Anti!

Why in the main window? It would visually interfere with original charts, so original charts would have to be made invisible to enhance usability. Displayed in a separate window, this would not be necessary.

I already developed a simple tick based indicator, posted somewhere around in another thread. Modifiying it to display tick prices…[Read more]

Decreasing only the SL side of our trade will constantly increase the probability that the SL is hit by random price movements, while leaving the probability that TP is hit unchanged. It is clearly preferable to hit TP. So regarding probabilities, it might make sense to decrease TP in a similar manner like SL just to increase the probability…[Read more]

@LittleCaro:

I guess you’re referring to threads @Saver0 started: here and here. I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

@LittleCaro:

I guess you’re referring to threads @Saver0 started:

http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/

http://penguintraders.com/forums/topic/nature-of-markets-randomness-probability/

I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

You beat me: thanks for shouting, G. and thanks for sharing, L. !

s.