Never Lose Again

[TheRumpledOne]

I (finally) created a dynamic sr multimeter that works properly!!!

Now, you can see if price is breaking out or retracing on all chart periods.

You can do the same with the fibs multi meter I wrote a week or so ago.

[TheRumpledOne]

HEY MO:

If you would keep the lines the same color from chart to chart, it would be easier to follow.

BTW - what tool are you using to draw those lines?

[MightyOne]

HEY MO:

If you would keep the lines the same color from chart to chart, it would be easier to follow.

BTW - what tool are you using to draw those lines?

My oven mitts

I use a dash line and start from the open where momentum > 1.

I then decide what numbers I am skipping (if any) and connect to the close of the greatest consecutive momentum to get my angle.

I hold down CTRL and copy the line and drag it to form a channel only using the highs and lows starting with and between the two connected points.

I then hold SHIFT to extend the lines forward.

In this picture you see that I have decided to skip past numbers less than 8:

[MightyOne]

[MightyOne]

[MightyOne]

Ok, I think you can by now how to draw the channel.

I have a few more ideas related to these numbers that I am going to mull over now.



The 15, 30, & 60 were all zero lined on that move:

[TheRumpledOne]

MightyOne, you have mail.

[MightyOne]

MightyOne, you have mail.

I see that you are aware I only check my mail every couple days

[MightyOne]

I would like to hear one professional say that they intend to fade some one that trades with momentum:

[MightyOne]

He who doesn't take profit holds onto gains which are not his own: