So we have 15pips big place where we can sell or buy.

I’m sorry, but this does not sound like a causal strategy for me. Basically I know how most people who believe in them draw those S/R lines. But that knowledge does not help me to believe those levels good for something.

Let’s simply state that the two of us seem to have pretty different…[Read more]

Well its simple. Instead of using only one horizontal line as reversal point (resistance or support), we use resistence or support from level for example 1.10 to 1.1015. So we have 15pips big place where we can sell or buy. Damnt, i have problems with english here. :X Sorry.

These S/R I have on chart are made when price move up, support become…[Read more]

Well its simple. Instead of using only one horizontal line as reversal point (resistance or support), we use resistence or support from level for example 1.10 to 1.1015. So we have 15pips big place where we can sell or buy. Damnt, i have problems with english here. :X Sorry.

Hi, thanks for clarifying and sorry: no, it’s not clear to me:

So you will take those 2 lines, you see 5 pips reversal place. Ok? It’s clear?

I’m afraid I just do not believe that horizontal lines are providing any edge in trading when I do not know anything about the algorithm that calculated those levels.

Sorry, I can explain that. Yes, I have very much lines on my chart now. But as you can see they are all colored. I made them like that only for a test, after few morons on another forum and FB (and my “friends”) were saying that I’m liar etc… I made them all colored because i wanted to see what lines are best for these reversal. If its 1H, 2H,…[Read more]

@George:

And all of them are made in advance.

Ok, but with such an abundant number of levels on your chart you’ll always find some bars reversing close to one of them, and probably even more bars that do not.

What’s the edge provided here?

s.

One more thing to my chart horizontal lines. :) As you can see, candles MOSTLY (97% of time) close exactly on my levels OR they close very close to it and then price reverse, touch my line (makes high…or low in up trend of course) and go in that new direction with almost NO WAITING.

I’m very happy that I found how to make them like that. It…[Read more]

One more thing to my chart horizontal lines. :) As you can see, candles MOSTLY (97% of time) close exactly on my levels OR they close very close to it and then price reverse, touch my line (makes high…or low in up trend of course) and go in that new direction with almost NO WAITING.

I’m very happy that I found how to make them like that. It…[Read more]

One more thing to my chart horizontal lines. :) As you can see, candles MOSTLY (97% of time) close exactly on my levels OR they close very close to it and then price reverse, touch my line (makes high…or low in up trend of course) and go in that new direction with almost NO WAITING.

I’m very happy that I found how to make them like that. It…[Read more]

One more thing to my chart horizontal lines. :) As you can see, candles MOSTLY (97% of time) close exactly on my levels OR they close very close to it and then price reverse, touch my line (makes high) and go in that new direction with almost NO WAITING.

I’m very happy that I found how to make them like that. It took me few years actually. Just…[Read more]

Well yeah, this topic looks quite dead. Sadly.. However im still working on system. Or i could say just testing it.. Without trades sadly because i have some problems with trading itself (after big loss..Did not used stoploss) Don’t know what to do, to be clear.. And I’m not coder so i can’t help with anything here..

Here’s picture. Lines…[Read more]

Hi @Anti, @pipatronic:

Yes, I know there’s life outside of forex forums

I understand that you’re busy, and I appreciate the fact that both of you are among those members who really dedicated a part of their work to the community and shared your insights.

Let’s stay in touch.

Thanks for that, and all the best!

s.

Hello G.

You’re right, it’s very silent if those few who are usually driving the activities do not post. That’s exactly why  I did not post anything substantial for a while.

Anyway, work is carried on, see attachment. In my current CIX version, there also is no ‘extra’ smoothing involved. In that ‘relative’ implementation shown here the smooth…[Read more]

Hello G.

You’re right, it’s very silent if those few who are usually driving the activities do not post. That’s exactly why  I did not post anything substantial for a while.

Anyway, work is carried on, see attachment. In my current CIX version, there also is no ‘extra’ smoothing involved. In that ‘relative’ implementation shown here the smooth…[Read more]

Hi brother Kiads. I’d really like to hear your opinion about my schedule, what do you think about such a scenario?
Best regards TM

Re. 1.

The problem with a ‘representative cycle length’ or ‘dominant cycle length’ (see John F. Ehlers’ publications) is that the concept relies on a high degree of stationarity of your system. Ehlers wrote a lot about that, and as an Electrical Engineer and Radar Specialist he seems to believe in the concept for trading. When using a radar…[Read more]

Re. 1.

The problem with a ‘representative cycle length’ or ‘dominant cycle length’ (see John F. Ehlers’ publications) that the concept relies on a high degree of stationarity of your system. Ehlers wrote a lot about that, and as an Electrical Engineer and Radar Specialist he seems to believe in the concept for trading. When using a radar device,…[Read more]