HOLO - Highest Open / Lowest Open Trade

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TheRumpledOne
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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Thu Jan 10, 2019 5:55 pm

TRO002.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Thu Jan 10, 2019 6:29 pm

TheRumpledOne wrote:
LeMercenaire wrote:
TheRumpledOne wrote:
NO, but it won't be too difficult to modify the code.

But the highest H4 open for the week will sometimes also be the highest H1 sometimes but not always.


I was just thinking that a dedicated indicator with it clearly marked Weekly H / L and H4 H / L (possibly with a shaded Area of Interest) as a one off / one use indicator would be a nice touch.


A coder's work is never done...


But you do it so well! :lol:

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Thu Jan 10, 2019 6:32 pm

TheRumpledOne wrote:TRO002.png

Lem, you have mail.


Woo-Hoo!!! Thank you so much!

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Re: HOLO - Highest Open / Lowest Open Trade

Postby gootson » Fri Jan 11, 2019 5:29 pm

Pretty simple, yet profitable strategy. Decided to give it a try since all complicated strategies were bringing me loses. Today got short on OIL and got approx 70p, could have been more, but still happy with those.
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TheRumpledOne
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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Fri Jan 11, 2019 5:46 pm

gootson wrote:Pretty simple, yet profitable strategy. Decided to give it a try since all complicated strategies were bringing me loses. Today got short on OIL and got approx 70p, could have been more, but still happy with those.


Funny how you used the word "yet" as opposed to "and".

yet
conjunction
1.
but at the same time; but nevertheless.
"the path was dark, yet I slowly found my way"

It almost suggests that simple usually is not profitable.

Interesting!!
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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Fri Jan 11, 2019 5:48 pm

Also noticing a slight gap between the H1 closes and opens on your oil chart. Wonder what causes that?
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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Fri Jan 11, 2019 6:24 pm

gootson wrote:Pretty simple, yet profitable strategy. Decided to give it a try since all complicated strategies were bringing me loses. Today got short on OIL and got approx 70p, could have been more, but still happy with those.


You'd also have had a 1-2-3 entry there.

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Fri Jan 11, 2019 6:39 pm

[quote="TheRumpledOne"]Also noticing a slight gap between the H1 closes and opens on your oil chart. Wonder what causes that?[/quote]

Tech just isn't advanced enough to capture all ticks that happen on an exchange.

Data comes from ticks and the number received every second from the exchange could show as say, a dozen, or two, or whatever, when in real life there could have been hundreds of ticks. Because of this anomaly in charting it is entirely possible - or more likely, probable - that there are trades at certain price levels which don’t show up on the chart.

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Re: HOLO - Highest Open / Lowest Open Trade

Postby LeMercenaire » Fri Jan 11, 2019 6:41 pm

Probably doesn't help that the screenshot is taken from a mobile phone trading app!

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Re: HOLO - Highest Open / Lowest Open Trade

Postby gootson » Fri Jan 11, 2019 6:56 pm

TheRumpledOne wrote:
gootson wrote:Pretty simple, yet profitable strategy. Decided to give it a try since all complicated strategies were bringing me loses. Today got short on OIL and got approx 70p, could have been more, but still happy with those.


Funny how you used the word "yet" as opposed to "and".

yet
conjunction
1.
but at the same time; but nevertheless.
"the path was dark, yet I slowly found my way"

It almost suggests that simple usually is not profitable.

Interesting!!


Oh, well that was not on purpose. English isn't my native language.

LeMercenaire wrote:Probably doesn't help that the screenshot is taken from a mobile phone trading app!


Yep, that's correct. Don't have a possibilitie to trade from computer atm.
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