All things TradingView

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buffalo
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Re: All things TradingView

Postby buffalo » Tue Dec 14, 2021 5:58 am

IgazI wrote:I like the look of the 9 period Donchian Channel;
I see what he was trying to do with the 20 period (4 weeks), but that is grossly large . . . even for me.

You can use it as a Bollinger Band or use the 9 period long flat areas for stops or entries.

Screenshot_20211213-085241.jpg


did some doodling, I kept ending up on the arm pits as my focal point. You mentioned the flats tho so ill keep looking. I do like the flats on the Donchain more than bollinger bands.

On page 127 of "A fresh start! Doji's Trading Journal" doji talks about bollinger bands, if anyone cares to look viewtopic.php?p=67754#p67754 might be alluding to the same thing thats gone over my head before.

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IgazI
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Re: All things TradingView

Postby IgazI » Wed Dec 15, 2021 3:13 am

buffalo wrote:
IgazI wrote:I like the look of the 9 period Donchian Channel;
I see what he was trying to do with the 20 period (4 weeks), but that is grossly large . . . even for me.

You can use it as a Bollinger Band or use the 9 period long flat areas for stops or entries.

Screenshot_20211213-085241.jpg


did some doodling, I kept ending up on the arm pits as my focal point. You mentioned the flats tho so ill keep looking. I do like the flats on the Donchain more than bollinger bands.

On page 127 of "A fresh start! Doji's Trading Journal" doji talks about bollinger bands, if anyone cares to look viewtopic.php?p=67754#p67754 might be alluding to the same thing thats gone over my head before.

aa12132021.png


Any PA that goes up on one side, goes flat, and then down on the other side is going to be your H/L point.

Price touching the top/bottom of the channel is similar to price touching the Bollinger bands.

As long as you have a green bar and another green bar closing higher than the first, separated by up to one weak bar, then you can't get into too much trouble trading off of the low.

Screenshot_20211214-221154.jpg
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buffalo
rank: 50+ posts
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Re: All things TradingView

Postby buffalo » Wed Dec 22, 2021 6:02 pm

might have just occurred to me what "sell where you see selling" means. chart is 3 minute with 15 minute overlay. Price made a return to old cup on 2 sma (grey box), wait for new 15m candle. with the leverage available to me (5x) i could risk %1 per $12.5 line. 2 or 3 lines a day means I could potentially be in and out of the market in an hour. time to go back through my screenshots about line trading

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