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Hi, I rip the FF thread (link used as size hit attachment limit) using the rb script I got here, in case someone wants to read the full thread. Just want to contribute back. This is just the HTML. The images will be loaded when you have internet.
https://drive.google.com/open?id=0B81qmHYwwo0mSUlBSS05Tk1qX1U
CCI, RSI, Stochastic are death trap for traders and trading! See attached:
Hi gg53, I am fairly new to forex. Are you suggesting we use the ForexGT indicator in your screen shot instead?
I do notice that now matter how I try to interpret RSI, Stoch in different time frame, it just seems impossible to get a consistent conclusion.
Thanks Kiads and Aryafx. I appeared to have asked my queries in the wrong thread. Should I be here in stead?
http://penguintraders.com/forums/topic/transient-recurrent-zones/
Hi Brother, the length of h is relative to conditions.. but you could use common sense to select your h. The default setting h =21 is for Daily chart, as we know that 1 month trading days is around 21 days averagely. M15 h=16, M30 h=8, and H1 h=4, meaning each wing forming 4 hours candle.. , so one TZ will has length of 8 hours or approximately 1 market session.. FX-Jay’s h=30 maybe reference to 1 week length of H4 candles, (4 hours x 30 = 120 hours = 1 week trading days). so his TZ length could be 2 weeks length. Hope it help and best regards. MTHBrother, this is very clear . Thanks. In the template I got from FF on TZ, where h=30 that I was using , there is another parameter called MaxBars (default 1000) . I believe that parameter somehow was used to determined the CTZ (Confirmed Transient Bars and the 97% / 3 % (am I right?) and was working on base on this.In your template (the same one I referred to where h=16, h=8…etc , there is no Maxbars however the percentage sometimes worked out to be 95%/5%And another no brainer question – I been trading with the old template, and I sometimes switch the TF from M15 to M5 to M1 and ensuring that I always get a 97%/3% percentage , somehow the CTZ and PTZ seems to say the same thing as your templates . Interesting I also used your template where h = 21 on daily on M1 charts, but that time I did not read everything too clearly (as I was working), somehow the CTZ and PTZ seems to be “ok” – my questions – is all the settings good regardless ? sorry if my questions sound confusing.
Sorry I can you clarify if my understanding on the terms is correct?
PTZ (permanent transient zone)
CTZ (confirmed transient zone)
CTZ = PTZ ?
Good day everyone. I am a noob. The default setting for h is 21. Is h always 21? In another template I found that h was different for different time frame (h=16 for m15, h=8 for m30 and h=4for h1). In FF thread, FX-Jay’s h=30 which is quite usable for multi time frame. Sorry for my noob questions
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I can’t seems to get the images in the forum to show up in my mobile browsers (chrome, UC Browser, Opera). Anyone have this problem ?
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Hi Saver0,
Cool site and nicely integrated to wordpress. I was just thinking if this is scalable. I tried installing plugin base forum to wordpress and it’s not quite flexible as I wanted it to be. I went on to install other open source forum software instead.
Is this forum handcoded ? kudos for the customization. Seems like a lot of work
Joshua
I am not terminated. I am a lurker. But I am hoping to learn more about TZ from FF and from the veteran here. Thanks.
this is awesome . I have been trying to download the thread manually.
I tried running this and I hit ‘read_nonblock’ : end of file reached EOFError. This is about 1300 post / 1.5 MB . May I know how do I go about it? I am trying to download a thread with more than 3000 post. Thanks in advance
Regards
J
