PowerX Strategy "PowerZ"

[prochargedmopar]

Once we get the close we can draw our monkey lines.
Plenty of chances to get in.

Use those to trade accordingly.

When we can draw a new line. NEXT level.
Trade accordingly.

History repeats ALL DAY EVERY DAY.
And in ALL market conditioins.
There is never a time NOT to trade.
Simple.

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[prochargedmopar]

I'm sure you can SEE how simple it is to trade the 3 LINES.

If/Then

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[IgazI]

I don't want to hear "derp derp", define what is up and what is down.

EXAMPLE:
Given a set containing n periods, where n > 1, "down" is that which is below the lowest price.

"I know that we have defined 'down' and that the current situation matches the definition, but that doesn't mean that price is going down"

Again, nothing is being said about the future, so what are you even talking about!?

You feed the current price into a function and the function returns a single answer:

until the next price is fed into the function, the answer remains unchanged.

Closing prices are what is being fed into the machine, and you can feed it as fast or as slow as you would like.

DEFINE_IT.png (26.59 KiB) Viewed 812 times

[prochargedmopar]

I don't want to hear "derp derp", define what is up and what is down.

EXAMPLE:
Given a set containing n periods, where n > 1, "down" is that which is below the lowest price.

"I know that we have defined 'down' and that the current situation matches the definition, but that doesn't mean that price is going down"

Again, nothing is being said about the future, so what are you even talking about!?

You feed the current price into a function and the function returns a single answer:

until the next price is fed into the function, the answer remains unchanged.

Closing prices are what is being fed into the machine, and you can feed it as fast or as slow as you would like.

DEFINE_IT.png

No replacement for a Jedi.

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[IgazI]

No replacement for a Jedi.

Funny

Hey, I used to say the same thing. . .

"trading is squillz, and I got squillz baby!"

Then dchappy, that SOB , made me feel like a complete fool as he happily traded his line chart without a care in the world:

for the first time I saw "advanced technical analysis" for what it really was; a coin wrapped in a pretty black box;
traders figure out how to use a stick to get mustard out of a hole and they think they' are some kind of gd genius

For the last several years I've been on a rampage, removing every thought and every piece of data that is not required for making money.

I'm interested in up and down, in and out, and how much money is on the table. That's it.

[prochargedmopar]

No replacement for a Jedi.

Funny

Hey, I used to say the same thing. . .

"trading is squillz, and I got squillz baby!"

Then dchappy, that SOB , made me feel like a complete fool as he happily traded his line chart without a care in the world:

for the first time I saw "advanced technical analysis" for what it really was; a coin wrapped in a pretty black box;
traders figure out how to use a stick to get mustard out of a hole and they think they' are some kind of gd genius

For the last several years I've been on a rampage, removing every thought and every piece of data that is not required for making money.

I'm interested in up and down, in and out, and how much money is on the table. That's it.

1 line, or 3 lines and a 'something' can not be made simpler.

[BambinoFlex]

No replacement for a Jedi.

Funny

Hey, I used to say the same thing. . .

"trading is squillz, and I got squillz baby!"

Then dchappy, that SOB , made me feel like a complete fool as he happily traded his line chart without a care in the world:

for the first time I saw "advanced technical analysis" for what it really was; a coin wrapped in a pretty black box;
traders figure out how to use a stick to get mustard out of a hole and they think they' are some kind of gd genius

For the last several years I've been on a rampage, removing every thought and every piece of data that is not required for making money.

I'm interested in up and down, in and out, and how much money is on the table. That's it.

Kinda depressing, to put so much time into trading and realizing that it shouldn’t be as complicated as we deem it to be. Though my trading has become simpler, I don’t know if I would have been able to understand it the same if I didn’t go “full circle”. I’m naturally a skeptical person, so for me at least, I think I needed to go through the process first.

Problems is now I have to detoxify bad habits and replace them with better habits

[prochargedmopar]

No replacement for a Jedi.

Funny

Hey, I used to say the same thing. . .

"trading is squillz, and I got squillz baby!"

Then dchappy, that SOB , made me feel like a complete fool as he happily traded his line chart without a care in the world:

for the first time I saw "advanced technical analysis" for what it really was; a coin wrapped in a pretty black box;
traders figure out how to use a stick to get mustard out of a hole and they think they' are some kind of gd genius

For the last several years I've been on a rampage, removing every thought and every piece of data that is not required for making money.

I'm interested in up and down, in and out, and how much money is on the table. That's it.

Kinda depressing, to put so much time into trading and realizing that it shouldn’t be as complicated as we deem it to be. Though my trading has become simpler, I don’t know if I would have been able to understand it the same if I didn’t go “full circle”. I’m naturally a skeptical person, so for me at least, I think I needed to go through the process first.

Problems is now I have to detoxify bad habits and replace them with better habits

Depressing it is not.
Life, each moment, is one step in the journey to an end, The End.
Enjoy the ride and cherish TIME as it could be your last "tick" of the clock. (or do you trade pips?)

[BambinoFlex]

Funny

Hey, I used to say the same thing. . .

"trading is squillz, and I got squillz baby!"

Then dchappy, that SOB , made me feel like a complete fool as he happily traded his line chart without a care in the world:

for the first time I saw "advanced technical analysis" for what it really was; a coin wrapped in a pretty black box;
traders figure out how to use a stick to get mustard out of a hole and they think they' are some kind of gd genius

For the last several years I've been on a rampage, removing every thought and every piece of data that is not required for making money.

I'm interested in up and down, in and out, and how much money is on the table. That's it.

Kinda depressing, to put so much time into trading and realizing that it shouldn’t be as complicated as we deem it to be. Though my trading has become simpler, I don’t know if I would have been able to understand it the same if I didn’t go “full circle”. I’m naturally a skeptical person, so for me at least, I think I needed to go through the process first.

Problems is now I have to detoxify bad habits and replace them with better habits

Depressing it is not.
Life, each moment, is one step in the journey to an end, The End.
Enjoy the ride and cherish TIME as it could be your last "tick" of the clock. (or do you trade pips?)

Thank you Pro, truth is, I’m only human! Though I enjoy/ed the process, the end goal is still the focus and not yet the reality. Can’t cry over spilt milk though, the present and the tomorrow is all we/I can focus on.

[IgazI]

I've added my main MT5 indicators to the first post:
- columns
- closing ranges
- line drawing script
- i and j templates.