The biggest issue I’m having is understanding the EMA period. I have selected this to 1 in the ssbo how come some trades are not being entered even when they break out of the consolidation box at the first time?

If MinBarsClosedOutside is 1 then then real time EMA should exceed the close of the break out candle. For the closed candles the si…[Read more]

Could please explain how the change of BoxRange should block a trade?

What are the MinBarsClosedOutside and MAAppliedPrice settings?

What are your exact settings?

For a valid entry the real time EMA should break a level. If MinBarsClosedOutside is set to zero then this level is the breakout level of the consolidation zone. If MinBarsClosedOutside is greater than zero then this level is the close of the candle that closed beyond the breakout level of the consolidation zone. You can check the validity of EM…[Read more]

For a valid entry the real time EMA should break a level. If MinBarsClosedOutside is set to zero then this level is the breakout level of the consolidation zone. If MinBarsClosedOutside is greter than zero then this level is the close of the candle that closed beyond the breakout level of the consolidation zone. You can check the validity of EM…[Read more]

I’d like to come back to Ron Black’s CLEAR Method indicator much discussed here as well as in the main thread. Recently I stumbled upon a video showing an interesting approach to utilize CLEAR in a more sophisticated way than proposed here before.

Note: that YouTube video is posted by a company, linking to their commercial website. Please don’t…[Read more]

I believe that there is no such thing as an ‘optimal setting’ for a Stoch indicator. After you’ve identified ‘your’ optimal setting for the moment, be sure it has changed a few bars ago or is changing now or will change during the next following bars. Market is too fast for such an approach.

What smallcat described is the typical Stoch ambiguity.…[Read more]

@Saver0:

What you saw is how NZD news affects GBPUSD. The ratios of the price change between NZDUSD and GBPNZD and GBPUSD should give an indication as to the “value” of NZD priced into GBPUSD.

Interesting thought. If we follow up on this, let’s not forget that the strength of bonding (economic, political, …) between any two currencies will als…[Read more]

Hi Saver!

Good to see you back again!

I’m not sure what you mean exactly by ‘synchronize’.

I tried to spot correlation between currencies with CIX. There ARE currency correlations around news events, but:

not always in the same direction
not always the same pairs

I think for digging deeper here we would have to leave the field of pure…[Read more]

Ok, so we have a different perception of that Theorem as related to practical trading.

I see it as a theoretical construct, ignoring intrabar price action for the sake of simplification, used as an example to state that even some randomly chosen real numbers will show certain ‘patterns’ with high probabilities. Please note the term ‘randomly…[Read more]

#BREXIT @ CIX

They really did it in their glorious little island … I did not expect that.

How does CIX reflect the British exit decision intraday?

GBP down -1050 points and recovering towards -600 points.
EUR down -120 points and recovering back to normal (yesterday’s open).
USD up +200 points and stabilizing at +100 points.
JPY up…[Read more]

#BREXIT @ CIX

They really did it in their glorious little island … I did not expect that.

How does CIX reflect the British exit decision?

GBP down -1050 points and recovering towards -600 points.
EUR down -120 points and recovering back to normal (yesterday’s open).
USD up +200 points and stabilizing at +100 points.
JPY up +500 points…[Read more]

#BREXIT @ CIX

They really did it in their glorious little island … I did not expect that.

How does CIX reflect the British exit decision?

GBP down -1050 points and recovering towards -600 points.
EUR down -120 points and recovering back to normal (yesterday’s open).
USD up +200 points and stabilizing at +100 points.
JPY up +500 points…[Read more]

The Quote Function not work…lol

Brother Mac,   Flip Percentage 100% meaning the ‘flex’ (flipping)  1 full brick size (as in example),  Why don’t you try it, is not so hard to know how it work.. right, just put different percentage than 100%.

And for the best brick size..lol, of course we don’t have that.. it depend on your personal sty…[Read more]

Hi Brother Mac,

My Renko builder already has that capability to create flex renko / sierra renko.

Just set parameter UseFlipMode to :true,  set FlipPercentage to : 100,   set UseBrickTimeStep to :false

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s.

The preceding post was marked as ‘inappropriate content’. I could not find anything inappropriate, so I removed the mark.

s.