gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Just to clarify:
Volume greater than previous bar volume
Range less than previous bar range
A new high is made (in an uptrend) or a new low (in a downtrend)
Closes below the high (in uptrend) or below the low (in downtrend)
G.
gg53 replied to the topic in the forum Trading Systems Discussion 10 years, 5 months ago
How much do you pay for clicking the link?
From your profile: Talha Yeasin. Not so good: SEO expert | link builder | Effective Keyword
Do you want us to bann you from Facebook & LinkedIn, etc.?
Just another post like this B.S. one – and it will happen.
G.
gg53 started the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Instructions on how to contribute/participate in this thread are here: post #10337.
VlanFx is the only person authorized to add or update versions to the “official” EA of this community.
Each suggested addition/filter/contribution MUST add value to the EA recent version.
Our base-line for comparison is the parameters in post #10329 (same pa…[Read more]
gg53 started the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Instructions on how to contribute/participate in this thread are here: post #10337.
VlanFx is the person authorized to add or update versions to the “official” EA of this community.
If we assume that the attached picture represents almost all financial markets, we can create a proftable, low risk, Trading System.
Basically, all we need is 3…[Read more]
gg53 started the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Instructions on how to contribute/participate in this thread are here: post #10337.
If we assume that the attached picture represents almost all financial markets, we can create a proftable, low risk, Trading System.
Basically, all we need is 3 functions.
But beware: each function must be sturdy, definite, and take almost all relevant info…[Read more]
gg53 started the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
If we assume that the attached picture represents almost all financial markets, we can create a proftable, low risk, Trading System.
Basically, all we need is 3 functions.
But beware: each function must be sturdy, definite, and take almost all relevant info into consideration.
The Functions are:
Trend: returns (1) for UpTrend, (-1) for…[Read more]
gg53 started the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
If we assume that the attached picture represents almost all financial markets, we can create a proftable, low risk, Trading System.
Basically, all we need is 3 functions.
But beware: each function must be sturdy, definite, and take almost all relevant info into consideration.
The Functions are:
Trend: returns (1) for UpTrend, (-1) for…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
From your Fortran punched card I can safely conclude (with high probability…) that we’re both born roughly in same acient era… ;-}
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Range, in this case, is Open/Close since we are able to analyze or enter/exit trade only on bar close.
You can clearly see that in my posted chart.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Why using RANGE or Identify Turning Points (no indies required, or make one and share…):
This simple method/formula will indicate the end of current trend, reversal point, exit from current trade – or whatever you want to use it for.
But before that I have a SMALL complaint:
The reason why I’m writing this math function is that it might…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Why using RANGE or Identify Turning Points (no indies required, or make one and share…):
This simple method/formula will indicate the end of current trend, reversal point, exit from current trade – or whatever you want to use it for.
But before that I have a SMALL complaint:
The reason why I’m writing this math function is that it might…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Why using RANGE or Identify Turning Points (no indies required, or make one and share…):
This simple method/formula will indicate the end of current trend, reversal point, exit from current trade – or whatever you want to use it for.
But before that I have a SMALL complaint:
The reason why I’m writing this math function is that it might…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 10 years, 5 months ago
Hi Brother, Yes TimeBrickStep create new brick equal to previous brick if price don’t go outside the ‘range’ of the brick during certain time. TimeBrickMinutes only working correctly if you use external program that force MT4 to create pseudo tick in every second (but this will need heavy CPU resources power..). While if you use this ‘equal’ b…[Read more]
xux99 replied to the topic MMLC (major move life cycle) indicator in the forum Indicator discussion 10 years, 5 months ago
Currently I try to find a statistical edge and I plan to update the indicator accordingly.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Gadi_OBV is available at the “Killing Zone” @FF.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Because of the channel level, when channel broke with Volume.
BTW: the entry is when Volume broke the avg., and not on bar close.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
To make this example a practical one:
You saw from above posts that the M15/M30 channels define a strong level, you can go from H1 chart to the M15 and wait for an entry signal if Volume exceed avg.
This is a pre-signal of “river flood”…
Here is the outcome, with minimal DD and fast reward.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
I don’t understand your question.
You should see (in the H1 example) M1, M5, M15, M30 & H1 channels.
A channel is based on each High/Low of the relevant TF.
Rough sketch attached. It shouldn’t be rectangles, but for illustration only.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
I don’t understand your question.
You should see (in the H1 example) M1, M5, M15, M30 & H1 channels.
A channel is based on each High/Low of the relevant TF.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Here comes the MASSIVE volume….
G.
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