Indicators By Insanity Industries

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bredin
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Postby bredin » Mon Apr 26, 2010 6:46 am

Pro, Ive looked at the code, and cant see why it doesnt update at this time. You can "force" an update by the simple process of deleting all the globals it uses to keep track of the vals (F3 to see the global variables).
I have run out of time to check further: I have to fly out in 11 hours.

G.

edit: I am referring to II_Lives
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prochargedmopar
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Postby prochargedmopar » Mon Apr 26, 2010 7:22 am

thx, that worked.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
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aliassmith
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Postby aliassmith » Mon Apr 26, 2010 11:44 am

prochargedmopar wrote:From what I see, yes.
At A there are many orders on the books until one finally runs dry. In this case it was the buyers.

There are many things that sam does not tell in his videos on fxstreet.
Check this pic out for instance from his most recent vid on futures markets.
Letters added by me.

A
is the most recent untested (consolidation/fractal/range/stillness/resistance) or what ever you want to call it for his short entry at C.
I like to use "dealing range" as it follows my choice to think in terms of supply/demand.

B
is not considered because if you have a dealing range and price breaks free, then the market decided who would win. It then battles again at A before the fall. B may come into play on a higher time frame at a later point in time. A would not be visible on bigger candles.

I think he has misjudged price action to set his first target at F.
Why?
Well look at D, then look left. That is the most recent area of held profit that will be zeroed out. Do you see that price made 2 attempts to get up through that level before finally breaking. Do you notice how price went to D and then almost all the way back to C at E? That's like 2-3 pips from original entry, why not take profits or hedge at D being we know that is a demand area and then add back in or cut hedge at E.

LOOK VERY CLOSELY AT F.

Do you see the price re-test on the 2nd green candle from that area?
What happened at H. A "swing" retest if you missed the price retest as an entry.

There was a dealing range to target at G with a clean break from that area BUT we never know if price is going to make it that deep, it could have just as easily bounced off D and continued on it's merry way leaving us with a break even trade or worse.

In the pic you posted, if you dial down to an m5 or even better, an m1, you will see that the yellow circles were "respected" by price and the dealers dealing in those time frames.

For the m15 or m30 crowd, those levels are not substantial enough to warrant a reaction.

JMO. See what you see!!!

Final note.....look at the picture or ANY chart ANY time frame as a whole.
NOTICE. price deals in a range and then boom, 1-2 candles and it moves to next level. Then, price deals in a range and boom, 1-2 candles ect. ect.
That's why I say that 70-80 % of time dealers are dealing........
More comfortable for them to do that than continually explore new price levels.

M.O. says that the market does not do anything for 20 min intervals usually. If you exit a trade and then want to enter within 20 min....YOU SHOULD HAVE NEVER EXITED IN THE FIRST PLACE.

Easy to say, harder to do.

Image


Based on Sam Seiden, enough said, it pics the S/D well in that case. 8)
Trade Your Way as Long as It Makes Money!

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tmanbone
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Postby tmanbone » Fri Apr 30, 2010 5:01 am

MightyOne wrote:
trueblueTEX wrote:
MightyOne wrote:
bredin wrote:humble, Im a kiwi living in godzone country :) lived in oz for 10 years.

look like I may be back in oz for a few weeks or a month to sort out some business: some tenants skipped in March, but I found out yesterday, owing three and a half kilodollars plus whatever damage theyve done plus new locks. And to think their lease says that they could have given 21 days written notice to leave at any time. What nice considerate friends I have to stop paying as soon as I leave the country :lol:

G.

ps InsanityRat looking better and alerts as well :)

Image

next step is to force users to pick a rat!


"Bredin is rich, he won't mind if we stop paying." :lol:

Here are a few of my favorite lines from old friends:

"You should loan me money"

"But you have so much and I have so little"

*all life problems here* "If there was only a way out of this mess"

"It is nice to have a friend who is wealthy"

"____ will buy our beers, he is rich"

"How about giving me a few thousand dollars, it is nothing to you"

I am sure that there are more lines...maybe we will start a new thread for them :wink:



Hey MO, et al,

I'm lower middle class (most of my friends might say no class at all) while my brother is a multi-millionaire. I would NEVER say any of those things to him. Besides, I don't drink beer, only expensive mixed drinks ;-)



It doesn't take any longer than 4 years to move from working poor to wealthy.

You have to be careful with the use of "I" and "I am" as what follows greatly influences your success in life.


Smart man MO. Bredin you've been busy, I need to check in on you more often. Nice work. Cheers,
"The simplicity of the markets is it's greatest disguise"

T

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bredin
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Postby bredin » Fri Apr 30, 2010 11:46 pm

Thanks Tman, Im in oz for the next week or so, when I get back I have an idea for the indi you wanted a couple of months ago...

G.
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tmanbone
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Postby tmanbone » Sat May 01, 2010 4:43 pm

Thanks Bredin. I'm a little confused on the
crash zone indi; trying to figure out what the
non target lines are. For some reason this is
really confusing me. Am I correct in assuming
this indi follows MO's rules in the crash zone thread?
Are the parameters based on the weekly candle range
no matter what time frame is displayed on the chart?
Thanks,

Image
"The simplicity of the markets is it's greatest disguise"



T

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prochargedmopar
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Postby prochargedmopar » Sat May 01, 2010 9:23 pm

tmanbone wrote:Thanks Bredin. I'm a little confused on the
crash zone indi; trying to figure out what the
non target lines are. For some reason this is
really confusing me. Am I correct in assuming
this indi follows MO's rules in the crash zone thread?
Are the parameters based on the weekly candle range
no matter what time frame is displayed on the chart?
Thanks,

Image


I think they are part of the 1/6th (zone) that is produced by the fib formula.
It would be nice to have a switch to turn those OFF.

Less lines on chart and no need to have the "back of endzone" as it's the goal that is most important.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Humble
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Postby Humble » Sun May 02, 2010 12:14 am

T, in the first few posts by MO in his Crash Zone thread you will see that his targets are a range rather than a single line.

I'm waiting to see at what time the weekly targets are reset.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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bredin
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Postby bredin » Sun May 02, 2010 1:23 am

The lines mark the 'zones' that MO talked about.

When I get back to nz I might make that indi a bit more adaptable; coloring the whole zone, et al.

Humble, the zones should 'reset' (recalculate size) at the first tick of the new W1 bar, iirc, and move whenever a new low/high is set.

G.
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Postby tmanbone » Sun May 02, 2010 1:35 am

I noticed MO had the indi on one of his charts, can't remember where I saw it, he had the area between target one and two, upper and lower shaded.
"The simplicity of the markets is it's greatest disguise"



T

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