PowerX Strategy "PowerZ"

[prochargedmopar]

@Igazi

Is there anyway to modify the zigzag to draw the highs/low with range showing?

Also I understand what you said but not sure how to utilize it.
Would you be kind enough to show and example entry and exit please.

Sure.

Display 'absolute' will give you the pip range. . .
before you do that, select 'percent' and look for rotations that you want to ignore:

under 'deviation %' set it a tick higher than the baby rotation values.

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This is how you adjust your triangles by 1 pip so that they are not on top of your candles:
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There are only patterns and breakouts:

If I say "this is a 1-2-3 pattern" then how do you trade it? you trade the breakout of the pattern, right?

Likewise, you trade the breakout of a pattern or price returning to a pattern. . .
anything that is not a breakout is a pattern, and anything that is not a pattern is a breakout.

What is up? what is dn? what is in? what is out? these you have to answer for yourself.

How do you trade?

- trading is placing stops. . .
an entry is any price that is within range of your stop loss. . .
the purpose behind the entry is trading patterns.

- use profit to increase position size.

How can you achieve a higher win rate?

- be more observant. . .
- be more observant.

You do, you fail, you do better next time.

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The classic and Iconic MO philosophy of trading.
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[aliassmith]

Unless you are selling green candles and buying red candles, you are probably not doing anything all that different from everyone else:

No matter which combination of indicators you use, the market is bought when it is going up and sold when it is going down.

. . . maybe there is no algo, maybe it is as simple as a limited number of good options.

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There is no Algo.

I'm just now getting around to reading this thread.

What the hell is going on here?!? lol

Oh there is NO single ALGO.
Although after some digging there are a few very powerful ALGOs that run Trillions of dollars in accounts.
That is of course if we don't dip our toe in the conspiracy theory realm and stick to facts.

Back during the "Flash Crash" you can watch these ALGOs trading against each other with some data streams that were released later or even if you were "plugged in" you could witness it live to some extent. Companies lost Billions in value, later to gain it back

[IgazI]

There is no Algo.

I'm just now getting around to reading this thread.

What the hell is going on here?!? lol

Thanks for stopping by

This thread is mostly just the indicators in post#1.

Nothing really to see here.

[IgazI]

It has been too long since there was any kind of positive move. . .
I'll take it

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[prochargedmopar]

Prior to the day when some poor soul wrote a garbage ZL indicator it was just a simple idea. . .

$$$: There are obvious places where people take profit.
ZL: there are obvious places where people enter the market.

When people do not take profit the result is usually "zero profit", a ZL, or they exit at a prior take profit level.

It does not matter exactly where people are entering or exiting, they will all be clawed by the beast

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It's been so long ago that his name is on the tip of my tongue but refuses to be spoken.
Must be old timer's disease kicking in.

Ok finished thread today.
pages 16-18. Yeeet.
My 14 yrs of leanings from Kreslik in a nutshell. 100%
Blubbb. LOL (took me what?, 2-3 weeks and then it just popped in my head instantly)

[IgazI]

Getting paid 1500 ADA per year to wait,

at a future price of $5 that is 37.5% per year,

if it reaches $5 in 7 years then that is around +$62,000 with compound returns.

I would need to see Bitcoin reach 250-300k for this plan to work though. . .

I am confident that my $20000 bet will pay off in the end.

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[IgazI]

Can't get too excited. . .
1 cent is only $500

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SO here's what happened . . .

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[IgazI]

Yay! Kreslik is back up!

Here's what you missed:

All the people who learned how to short, just yesterday, getting absolutely wrecked

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[IgazI]

The only crypto that I am invested in is ADA at the moment. . .
it will make the same gains as BTC, with a minor lag, as well as pay staking rewards with zero chance of locking or losing funds (via staking).

If they are all going to move together then let Saylor and his friends pump bitcoin while you collect your 'dividends' on the alts. . .

that's just how I feel about it.

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[aliassmith]

Yay! Kreslik is back up!

Here's what you missed:

All the people who learned how to short, just yesterday, getting absolutely wrecked

bitty.jpg

Ok this had me laughing for real.