I understand how it works, I just don't see how it is useful in real time though.
The Price Turn is a good upgrade from the candle color.
Just candle color alone is not that useful, adding in the price turn is more useful, but still I think it can be improved.
For me, it's not useful enough in it's current form to warrant a space on my chart.
A fresh start! Doji's Trading Journal
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- PebbleTrader
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- PebbleTrader
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Just within the last 30 minutes, I was staring at a chart and I might have come up with an interesting idea. It uses the price turn idea but not in the form of a multimeter for all the TF's, it would be used on your TF of choice at the time.
It's hard to explain, I'll think about it some more and maybe try a coded version of it.
It's hard to explain, I'll think about it some more and maybe try a coded version of it.
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- Jalarupa
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PebbleTrader wrote:I understand how it works, I just don't see how it is useful in real time though.
The Price Turn is a good upgrade from the candle color.
Just candle color alone is not that useful, adding in the price turn is more useful, but still I think it can be improved.
For me, it's not useful enough in it's current form to warrant a space on my chart.
I Like the New High Low Multi Meter as a third dimention to the Candle colour Indi... Haven't tried Price Turn, but I already use MA's in another strategy of mine so thats represented already in many ways on my trading chart using the distance to MA multi meter
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- newscalper
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dojirock wrote:Newscalper,
When you say "as I predicted" at what point did you determine that....???
that is the 1st part of the plan I speak of....
after knowing that..drop down time frames..and trade it...via the pattern, zlines.....
When I posted it, live and before the event. I posted the H4 supply area and said I was looking for a short. I also showed the chart dropped down to M15 where you could see M15 close below the previous close up.
Predicted is the wrong word though, I should never predict
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