Having a pretty bad week. Started playing with SL and it’s not working out so well. I need to pick proper R:R levels.. Also I made my dashboard more complicated.. maybe that got something to do with it too.. haha

Still a work in progress. I will update next week, hopefully with better results.

Yup that’s correct.

Yea, I have also made every imaginable CC type indicator possible.. haha CCI, OBV, MA, RSI, etc. Less compression the better I think. OBV based was pretty interesting, it was acting as an early warning signal for trend reversal ahead.

There is only just so much we can do with price, right? haha

No its absolutely fine. You seems to know what you are doing   

There are no correct ways to trade TZs other than the way that works for you. If it works, then thats all that matters

Please don’t take it the wrong way. I didn’t know if you were new to TZs or not so just thought I should chime in. I am no expert either, it will p…[Read more]

Hello again Lowphat,

What you are doing is a bit unconventional. You are following that example FX-Jay gave (one where he said TZs would fail). He didn’t really explain it well. That example was a mid TZ from the past but in the current time there was a pTZ (pending zone) as well at the same location. In your trade, there is no pending middle…[Read more]

Sorry, that is the time period in minutes. It should be one of the standard time periods, M1, M5, … D1, W1, MN, etc.

It’s very simple really. This is how its done for example for EURUSD:

Period = H1
Bars = 24

EURUSD_%_Change = (Close[now] – LowestLow[of 24 bars])/(HighestHigh[of 24 bars] – LowestLow[of 24 bars])  //This gives current…[Read more]

Yea SL is tough.. I started playing with it 2 days ago.. first day lost like 4% and today not too bad -0.3% haha

Some of the trades I took were too stupid I think. R:R still needs to be good.

So are you trading towards a past TZ?

Yea, that’s very interesting. If anybody with access to FF could let the guy know somehow that this forum and thread exists and welcome him, that would be great.  Maybe a shout on his wall or post on his thread?

Thanks

Oh, if you’re discouraged by the adding and subtructing full bar sizes from current location – don’t be.

You can add/subtruct only the Open/Close distance of the “future” bar(s).

G.

To illustrate the method, imagine:

1. We found an adaptable “channel” that includes at least 90% of the bars, has the narrowest boundries, and can be accurately extended a few bars forward.

2. We “aim” our canon ball roughly at this area…

3. We know the (avg?) size of the next bar(s) and our current location. So we add and substruct that size…[Read more]

To illustrate the method, imagine:

1. We found an adaptable “channel” that includes at least 90% of the bars, has the narrowest boundries, and can be accurately extended a few bar forward.

2. We “aim” our canon ball roughly at this area…

3. We know the (avg?) size of the next bar(s) and our current location. So we add and substruct that size…[Read more]

To illustrate the method, imagine:

1. We found an adaptable “channel” that includes at least 90% of the bars, has the narrowest boundries, and can be accurately extended a few bar forward.

2. We “aim” our canon ball roughly at this area…

3. We know the (avg?) size of the bar and our current location. So we add and substruct that size from our…[Read more]

The whole thing is still under development, so no definite results, indies to share or “always in” EA to “prove”.

Just in case Stinky comes around…

G.

The whole thing is still under development, so no definite results, indies to share or “always in” EA to “prove.

Just in case Stinky comes around…

G.

I sure do, but in indirect way – through Currency Strength and Correlation indies.

G.

I’ll sure read those links, Thanks.

G.