2009.03.08 TRO_Multi_Meter_Snake

[prochargedmopar]

"I do not use all the other indicators you mentioned."
"big investment managers out there do not even use all these complicated indicators."

THAT I NEED TO SIMPLIFY MY CHARTS-----BACK TO BASICS

[winny]

winny,
I hope you don't mind me posting this from the pm you sent me but I feel it is VERY important information for me and any other noobs that are reading this post.

No, I do not mind of course. But if you send me a private message I will reply within a private message, otherwise I would have posted here.

Ok, what I tried to say is that you should not complicate trading by using too many indicators. I think TRO also thinks that way.
His Buyzone is simple to understand, simple to follow, simple to act on.
Some people still keep on complaining that they do not understand when to get into the trade and when to get out. At first I got whipsawed also. But then I found a simple method that one could apply so that this whipsawing problem could be avoided.

You should follow the indicators or strategy that you feel comfortable with. Buyzones and Breakouts are the best in my personal opinion for forex. But if you trade profitably with some other exotic method, then keep on using that (with good moneymanagement).

[prochargedmopar]

I understand, me too.

Will you please give your settings on the snakeforce?
Default is (24).
Also, the Top Trend indicator on your pic chart seems much closer to the HA candles. What setting are you using for that?
Length, deviation, nbars, ect.
Thanks again.
Procharged

[TheRumpledOne]

"His Buyzone is simple to understand, simple to follow, simple to act on.
Some people still keep on complaining that they do not understand when to get into the trade and when to get out. At first I got whipsawed also. But then I found a simple method that one could apply so that this whipsawing problem could be avoided."


Winny, please share your simple method.

Thanks.

[winny]

I understand, me too.

Will you please give your settings on the snakeforce?
Default is (24).
Also, the Top Trend indicator on your pic chart seems much closer to the HA candles. What setting are you using for that?
Length, deviation, nbars, ect.
Thanks again.
Procharged

standard settings for snake.
toptrend, depends on what you trade and the timeframe you use.

[winny]

"His Buyzone is simple to understand, simple to follow, simple to act on.
Some people still keep on complaining that they do not understand when to get into the trade and when to get out. At first I got whipsawed also. But then I found a simple method that one could apply so that this whipsawing problem could be avoided."


Winny, please share your simple method.

Thanks.

I only trade in your buyzone. I only take longs above the blue lines, I only take shorts below the red lines. The trigger is your buyzone. your Buyzone is part of my game, but in the end the trend (either seeing it by price movement or with help of indicators) is my friend.

[TheRumpledOne]

Hey Winny:

Since you like the TOPTREND, I coded you a TRO_MULTIMETER_TOPTREND.

Note: You have to also install the TOPTREND_TRO_EXT internal or the multimeter will NOT work.

[winny]

Hey Winny:

Since you like the TOPTREND, I coded you a TRO_MULTIMETER_TOPTREND.

Note: You have to also install the TOPTREND_TRO_EXT internal or the multimeter will NOT work.

Yes, thank you very much my friend !
I really appreciate this.

[prochargedmopar]

!!! As Do I. !!!

[rajan08]

Hi guys.
I am honored to be part of TRO group . As from my research, the Snake indicator repaints badly as mentioned by Ferrufx.
The SnakeForce previously discussed repaints at least the previous 6 bars!!!
Im wondering how does Winny or TRO trade(/confirm) with this indicator when it repaints badly.
ref: http://www.fxfisherman.com/forums/forex ... order.html

Thanks