TheRumpledOne wrote:"Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO "
Shouldn't that be"Price closed BELOW a line that you believed to be support..."?
Signal Bender
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I do think you are correct, but it sounded good at the time. lol
Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO
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TheRumpledOne
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gfg1 wrote:I do think you are correct, but it sounded good at the time. lolTheRumpledOne wrote:"Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO "
Shouldn't that be"Price closed BELOW a line that you believed to be support..."?
Depends if you are short or long , then it can make sense hehe.
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SmokyByers
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Here's a spreadsheet with some of the things I have been talking about.
- Attachments
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TCD(2).xls- Excel File
- (166 KiB) Downloaded 396 times
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SmokyByers
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Jalarupa wrote:Hey Smoke,
Thats pretty interesting... Is there anyway we can harness that data in MT4?
What do you mean? You mean creating these indicators in MT4? or just getting the OHLC data? The best way is to capture the OHLC data and then do all of your calculations in Excel (sounds like gfg1 is on the right track on that one). You could probably even find a way to send a trade signal from Excel back into MT4, but I don't know how.
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TheRumpledOne
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He left about 2 weeks ago, saying something along the lines that people were not helping code fast enough for his liking.
From cosmoe1 thread going back to demo:
quote="SignalBender"]I'm checking out of Kreslik. I need to get some important work done and it does not look like I'll be getting much support here for that work.
Remember the old street racing slang: Smoke'm if you gott'em. That means, trade with what you have that you know works. And, remember, Cosmoe, there is no such thing as failure, unless and until you accept it. Failure is not an options, therefore, success is guaranteed in some form or another. No. It might not be that H-Grail 1,000 pip trade profile that we've all dreamed about. Maybe, you become the master of the 15 pip trade. I know of some highly effective Traders out there who pocket no more than 15 pips a day and over the years have become ruthlessly successful.
Relax, study, research alternatives to traditional indicators (a must) and learn how to optimize the trade (entry and exit). Above all else, never take TCDs for granted. Doing so is ultimately foolish, as there can be no price action outside of their domain. As a Trader, you will be better off by learning to work with certain things that you can rely upon as opposed to allowing ego and/or fear to ruin a good thing for you.
Some Traders can't see a good thing coming, even when it is placed directly under their left nostril. Don't be one of those types of Traders.
Cheers all![/quote]
From cosmoe1 thread going back to demo:
quote="SignalBender"]I'm checking out of Kreslik. I need to get some important work done and it does not look like I'll be getting much support here for that work.
Remember the old street racing slang: Smoke'm if you gott'em. That means, trade with what you have that you know works. And, remember, Cosmoe, there is no such thing as failure, unless and until you accept it. Failure is not an options, therefore, success is guaranteed in some form or another. No. It might not be that H-Grail 1,000 pip trade profile that we've all dreamed about. Maybe, you become the master of the 15 pip trade. I know of some highly effective Traders out there who pocket no more than 15 pips a day and over the years have become ruthlessly successful.
Relax, study, research alternatives to traditional indicators (a must) and learn how to optimize the trade (entry and exit). Above all else, never take TCDs for granted. Doing so is ultimately foolish, as there can be no price action outside of their domain. As a Trader, you will be better off by learning to work with certain things that you can rely upon as opposed to allowing ego and/or fear to ruin a good thing for you.
Some Traders can't see a good thing coming, even when it is placed directly under their left nostril. Don't be one of those types of Traders.
Cheers all![/quote]
TheRumpledOne wrote:Where did SignalBender go?
Price closed over a line that you believed to be support and that is the first indication that something is WRONG-MO
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TheRumpledOne
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