From your Fortran punched card I can safely conclude (with high probability…) that we’re both born roughly in same acient era…   ;-}

G.

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.

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]

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]

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]

Gadi_OBV is available at the “Killing Zone” @FF.

G.

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.

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.

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.

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.

Here comes the MASSIVE volume….

G.

To extend indicator you need to set the SHIFT parameter with minus sign (i.e. -1, -2, etc.).

Look at the std. indicators source, such as Alligator or Ichimoku.

Anothe method is to create the channels, one within the other, but each channel should be drawn only when it is closed.

G.

To extend indicator you need to set the SHIFT parameter with minus sign (i.e. -1, -2, etc.).

Lookk at the std. indicators source, such as Alligator or Ichimoku.

Anothe method is to create the channels, one within the other, but each channel should be drawn only when it is closed.

G.

I trade both before and after News/Announcements, but those are different strategies.

What is presented in pipatronic VIDEO thread is the 60% “Law” after the news. It’s more relaxed trading and fits almost any trader style and experience level.

And yes, it’s a retracement trade.

G.

You are engulfing the same bar. M30 should extend out to the righ, etc.

But you can still conclude: Sentiment is clearly down, but if retracement occur (up Volume increase) – it will retrace to the M5, and then to the M15/M30.

To overcome the M15/M30 to the upside it will require massive volume since its double height at the same level.

G.

News/Announcements trading (the 60% Law) is currently in the GREAT pipatronic “VIDEO” thread.

It started as pip remark there, but certainly deserve a thread of its own. There you have both live predictions and their results.

G.