Aliassmith Beats a "Dead Horse"

[aliassmith]

US30 M1 Deadhorse
For the fans
Bottom arrow entry
Top arrow exit.

[Yirbu]

Wasn't trading yesterday but today was a nice deadhorse day.
I was late to the party but because price was trending so good every shot was a winner
The last three entries all were inside bars.

Unfortunately I missed that move up because it makes price go back into the H1 channel.
Happy so far.

221103 - EURUSDM5.png (130.85 KiB) Viewed 960 times

[aliassmith]

Wasn't trading yesterday but today was a nice deadhorse day.
I was late to the party but because price was trending so good every shot was a winner
The last three entries all were inside bars.

Unfortunately I missed that move up because it makes price go back into the H1 channel.
Happy so far.

221103 - EURUSDM5.png

Lookin good

[IgazI]

Alias,

would you mind taking a look at this indicator and letting me know what you think about the stop loss recommendations?

Code: Select all

 
//@version=5
indicator("RMA Range", shorttitle = ".7RMA", overlay = false)
rangeLen = input(12, title = "rLen")
relMA = ta.rma(ta.atr(3), rangeLen)[1] * 0.7
mid = (ta.lowest(relMA, rangeLen * 2) + ta.highest(relMA,rangeLen * 2) ) / 2
palette = relMA >= mid ? color.new(color.blue,15) : color.new(color.red,0)
palette2 = relMA >= mid ? color.new(color.red,15) : color.new(color.blue,0)
transpStamp = relMA > mid ? 15 : 0
x = plot(relMA, color = color.new(palette, 20), style = plot.style_line, join = true, linewidth = 1)
y = plot(mid, color = color.new(palette2,90), style = plot.style_line, join = true, offset = 0 )
fill(x,y, color = color.new(palette,65))
 

[aliassmith]

Remember when you made a long trade expecting price to go up? Then price goes down. You exit then price goes up.

Always remember that price gets pushed up so it can be pushed down. This happens on micro and macro levels.

[aliassmith]

US30 M1
Deadhorse
Top arrow short
Lower arrow exit

[IgazI]

Remember when you made a long trade expecting price to go up? Then price goes down. You exit then price goes up.

Always remember that price gets pushed up so it can be pushed down. This happens on micro and macro levels.

Persistence is the name of the game.

buy_the_upupup.jpg (100.97 KiB) Viewed 816 times

[aliassmith]

Alias,

would you mind taking a look at this indicator and letting me know what you think about the stop loss recommendations?

Code: Select all

 
//@version=5
indicator("RMA Range", shorttitle = ".7RMA", overlay = false)
rangeLen = input(12, title = "rLen")
relMA = ta.rma(ta.atr(3), rangeLen)[1] * 0.7
mid = (ta.lowest(relMA, rangeLen * 2) + ta.highest(relMA,rangeLen * 2) ) / 2
palette = relMA >= mid ? color.new(color.blue,15) : color.new(color.red,0)
palette2 = relMA >= mid ? color.new(color.red,15) : color.new(color.blue,0)
transpStamp = relMA > mid ? 15 : 0
x = plot(relMA, color = color.new(palette, 20), style = plot.style_line, join = true, linewidth = 1)
y = plot(mid, color = color.new(palette2,90), style = plot.style_line, join = true, offset = 0 )
fill(x,y, color = color.new(palette,65))
 

Ill try to this weekend

[aliassmith]

What happened at 9:33 ?

[aliassmith]

Little struggle to get my 55 pts today.
Once again I'm tired. Time for rest.
I'll probably do some markups on the weekend and practice with trading view.