NINJA PLATFORM

[zeller4]

Thanks for posting dchappy,

I've been watching for a couple weeks too. Is the arrow plotted after your setup bar closes? And what is your entry price level (i.e. for short - 1 tick below low of setup bar?

thanks again,
kz

[RicG]

1st entry failed , 2nd is working .

Well Nikki , you asked for 2 weeks and a whole month has gone by ..wow . So , this is my last post for a while ,unless you have questions .
But , I've shown everything that I use . This is the only chart that I use , no other indi's or timeframes .

Anyone else ..Please feel free to post " A candle loses nothing by lighting another candle "

Keep it simple , Trust the Semaphore , Listen to TRO & Drain-em
....................................................... Chappy

Chappy,

Thanks for posting your method and charts - very nice system you have. It's nice to see another Woodies CCI guy on the board. I learned a lot about trading from Woodie and apparently you did too.

All the best,
Ric

[Firefly]

morning, was wondering if someome could give me a one line explaination of the following term.

semaphore

and how are those regressoin lines calculated?

thanks for your help + sorry for my ignorance

[dchappy]

Hi KZ ; Thanks for your interest . Yes , the arrow shows when the colors agree after a sema .Yes , you can enter anytime after close of the signal bar ,when colors agree i'm focused on the range counter and usually enter with a market order at 1 or 0 .

Ric : Woodie is great ,I hope to go to his trade-a-long this year , a true teacher ...

Firefly : No shame in ignorance , only in remaining that way .

Semaphore is a 25cent word for any time the price travels outside of the channel .
Regression channel is just the highs & lows for a defined time period . I use a 60 bar period . If you have metatrader 4 you can download TRO's indicators .If not you may have to draw it manually on your chart ...

Thanks Guys....Trade well........Chappy

[Firefly]

Dchappy, thanks for clearing that up, much appreciated

[zeller4]

Firefly, if you have Ninja, it's a built-in indicator named "Regression Channel"

Kirk

[RicG]

Chappy,

Is Woodie doing any in person trade-a-longs this year? I've only seen online versions announced so far.

I attended one of his in person trade-alongs in Scottsdale, AZ a few years ago and learned a lot from him. He's really a very nice, helpful man.

That seminar was especially beneficial as Mark Douglas attended the second day, unannounced. He spoke to the group for a while and ended up spending the rest of the day with us. That was a huge bonus and a big help in my trading evolution.

Anyway, keep up the good work you are doing as well.

Regards,
Ric

Hi KZ ; Thanks for your interest . Yes , the arrow shows when the colors agree after a sema .Yes , you can enter anytime after close of the signal bar ,when colors agree i'm focused on the range counter and usually enter with a market order at 1 or 0 .

Ric : Woodie is great ,I hope to go to his trade-a-long this year , a true teacher ...

Firefly : No shame in ignorance , only in remaining that way .

Semaphore is a 25cent word for any time the price travels outside of the channel .
Regression channel is just the highs & lows for a defined time period . I use a 60 bar period . If you have metatrader 4 you can download TRO's indicators .If not you may have to draw it manually on your chart ...

Thanks Guys....Trade well........Chappy

[brownturtle]

Is it the linear regression code from TRO that is the substitute for MT4?
anybody using it on MT4 or are they copying chappy and using it on NInja
regards
Anthony

[monolisa]

Hi brownturtle,

You can do it all on MT4, with the bonus of having a "real" semafor (TRO's version) on the chart.

Attached is a copy of the Linear Regression indicator (set period to 60 and std channels to 2). You can also use TRO's own LR indi.

You also need constant range bar script. It could be obtained from mqlservice.net

Woodie CCI is a bit tricky - cannot find one for MT4. Personally I don't think it's required, but it does add a layer of assurance of entering/exiting trade.

Lis

[brownturtle]

Thanks Lisa for your help
Sydney here btw
Anthony