Kreslik.com - traders community since 2006

The synthetic close is much harder to manipulate...

Think about the Close... It's really quite an arbitrary number. If you have a 5 minute chart than it's whatever the market last tick was at that 5 minute point in time. Or if you create a custom M2 chart...It's rather meaningless, however it does help us out, but there is a better way. I create a &q...

Flex Screens

I'm looking forward to wrapping my charts around my body...

When you work for someone else, you work just hard enough that they won't fire you

and...

They pay you just enough that you won't quit

I think it's important not to fall in love with ideas unless they offer greater insight. If 108 offers more insight than any other combination for YOU, than that's the best you can do right now. I would encourage always seeking out better and better ways of doing things and rejecting old ideas as ne...

I always ask a very important question when something is placed on my chart, either from an indicator or manual... "Does this add value or increased insight?" If it doesn't add anything from what is already perceivable on the price chart, it get's removed. 99% of the time I remove things I...

For bar calculations I rarely go beyond 3 bars, usually just 1 or 2 bars.

If I do use more than 3 bars it's because I'm doing statistical calculations and in need of a larger sample size.

When you have near infinite time frames, M1, M2, M3, M4, M5...M67...M99... and Near infinite bars for calculations, 3MA, 5MA, 15MA, 50MA, 88MA, 100MA, 111MA, 187MA... You get a massive variety in values. The further you get away from 1 bar, the more worthless the values become. A 250 bar MA is more ...

MightyOne uses these types of indicators to impress women...so I guess they do have "some" value

There is nothing magical about it, it's only purpose is to easily show the swing values so that you don't have to manually measure them.