USD70+K from ZERO in 16 weeks...
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- luminousneo
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luminousneo wrote:johnton wrote:i bet if u asked nicely, tro could make u an indicator that would tell u where price is on each of the timeframes in realtion to the 200sma--he probably has one already.
That will be great but I'm not looking for new indicator... I love MA and its already an easy indicator to watch....and I think the way I look at it cannot be coded....
*edit double post*
Last edited by Relativity on Tue Feb 15, 2011 3:31 am, edited 1 time in total.
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luminousneo wrote:johnton wrote:i bet if u asked nicely, tro could make u an indicator that would tell u where price is on each of the timeframes in realtion to the 200sma--he probably has one already.
That will be great but I'm not looking for new indicator... I love MA and its already an easy indicator to watch....and I think the way I look at it cannot be coded....
Easy. Very easy to code...
- luminousneo
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Yes....very easy....n easy to ignore certain things too....it will be different...Relativity wrote:luminousneo wrote:johnton wrote:i bet if u asked nicely, tro could make u an indicator that would tell u where price is on each of the timeframes in realtion to the 200sma--he probably has one already.
That will be great but I'm not looking for new indicator... I love MA and its already an easy indicator to watch....and I think the way I look at it cannot be coded....
Easy. Very easy to code...
Never Ending Opportunities...even Superman can't stop me...
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luminousneo wrote:Yes....very easy....n easy to ignore certain things too....it will be different...Relativity wrote:luminousneo wrote:johnton wrote:i bet if u asked nicely, tro could make u an indicator that would tell u where price is on each of the timeframes in realtion to the 200sma--he probably has one already.
That will be great but I'm not looking for new indicator... I love MA and its already an easy indicator to watch....and I think the way I look at it cannot be coded....
Easy. Very easy to code...
Well, you are right. But if you are able to list down the specific conditions of your method and if the conditions are very repeatable on a mechanical basis and market flow basis, then why not make such an indicator for on the basis of decision assistance? The indicator then becomes a usable instrument in your hands, which frees your mind up to help improve your trading even further. At least this works for me very well so far.
- luminousneo
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Relativity wrote:Well, you are right. But if you are able to list down the specific conditions of your method and if the conditions are very repeatable on a mechanical basis and market flow basis, then why not make such an indicator for on the basis of decision assistance? The indicator then becomes a usable instrument in your hands, which frees your mind up to help improve your trading even further. At least this works for me very well so far.
Its basically looking where the price is (above / below 200 SMA) and how far it is from 200 SMA for all TF. These are things to consider :
1. TF - List of all TF
2. SMA - Value for each TF
3. STATUS - state whether the price is ABOVE or BELOW average.
4. DISTANCE - state the distance between SMA Value and current price.
* For STATUS and DISTANCE u may combine it by using different color. Example; Instead of showing "ABOVE +26 pips" u can set it to +26 pips. Use GREEN to show price above MA and RED to show price below MA.
Maybe its already coded by TRO or other programmer. U can try it if u think it can help u to trade. If u code it please post ur chart here and let me check.
Personally I'm happy with SMA indicator now but some traders find it difficult to see because maybe they watch too many pairs. Try look at 1 pair only n see how its going. There r so many opportunities in 1m so 1 pair is enough to watch...
I prefer to fish in the river or sea rather than in the pool. If I only used to fish in the pool, I don't think I can get any fish in the river or sea...
Never Ending Opportunities...even Superman can't stop me...
Hello Luminous
Hey Bro, Nice to see your posts
I know Helmy (luminous) for a while now, and all I can say is that he is a very good trader, I`ve learned a lot from Him.
Regards
Carlos
I know Helmy (luminous) for a while now, and all I can say is that he is a very good trader, I`ve learned a lot from Him.
Regards
Carlos
- luminousneo
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Re: Hello Luminous
csbueno wrote:Hey Bro, Nice to see your posts
I know Helmy (luminous) for a while now, and all I can say is that he is a very good trader, I`ve learned a lot from Him.
Regards
Carlos
Hi bro, thanks for ur support... lol I'm not that good, I'm still learning tho... you've learned a lot coz u deserved it n now you've found what u r looking for...trading without any indi...congrats...
Never Ending Opportunities...even Superman can't stop me...
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