HOLO - Highest Open / Lowest Open Trade

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PTG
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Re: HOLO - Highest Open / Lowest Open Trade

Postby PTG » Fri Aug 12, 2016 8:45 pm

TheRumpledOne wrote:[youtube]video :lol: [/youtube]

TRO_Multi_Meter_HOLO

Shows what time frames have HOLO opportunities.



Now, so there is NO MISUNDERSTANDING:


DO NOT POST THIS CODE ON ANY OTHER FORUM OR SHARE IT WITH ANYONE.


I prefer M30 because many times you get an extreme on the first half hour and the HOLO during the second half hour. You had an example in the video for USDCAD. 1.2943 (H1) vs. 1.2931 (M30) entry, 18 pip (H1) vs. 8 pip (M30) stop. Midpoint appr. 2960 so if that were your target then you can see the dramatic difference in RRR, if that's of consideration. To me, M30 is a nice time frame for HOLO, not too quick, not too slow. HOLO is a great way to get you into the market in an early stage at a low cost. :smt023
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Re: HOLO - Highest Open / Lowest Open Trade

Postby PTG » Fri Aug 12, 2016 8:50 pm

TRO, which indi is the one with the big skull ?
And what's this one ? http://screencast.com/t/psfv4hcT
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Re: HOLO - Highest Open / Lowest Open Trade

Postby v8power » Fri Aug 12, 2016 11:11 pm

MightyOne wrote:
PTG wrote:2016-08-10_1941.png

So you continuously look for 15 degree patterns and make the same decisions over and over again if I understand it correctly ?


My friend, there are only patterns and breakouts and wider patterns and larger breakouts.
A slow channel is congestion & congestion cannot be a true breakout.
A "steep channel" is not congestion, "not congestion" is a breakout and a breakout cannot also be a "pattern"...because breakouts "breakout" of patterns.

They are being tricked into believing that the market moves faster than it really does.

Do not draw steep channels, they do not exist, that is what trend lines are for.

PTG.png


While I agree that the market moves slower then what most believe (a breakout of a 15 angle will probably fail). But with 3 different angle speeds (horiz, channel and breakout) if price breaks out of a 15 channel and doesn't return you now have price moving around 30* channel. Now price can slow back down to a 15* channel and move within there or it can move to a 60*. Which if it does that,it will normally move in a parabolic motion signaling that which ever way price was moving and you can expect price to congest as it moves from a 60* channel to a 30* then to a 15* then a 15* channel in the other direction. This was the best pic I could quickly and currently find.

eurjpy-h1-oanda-division1.png
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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Fri Aug 12, 2016 11:20 pm

PTG wrote:TRO, which indi is the one with the big skull ?
And what's this one ? http://screencast.com/t/psfv4hcT


Big skull is TRO_TRAINING_WHEELS_HOLO. It is in the 2016 TROBLD900 zip file that I send out with the donationals.

The other indicator is TRO2015_MP_BARS_AGO. There is also a 2016 version. Those are donation indicators.
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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Fri Aug 12, 2016 11:25 pm

TRO.png
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15 degree angles drawn from the open of the last 10 days.
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Re: HOLO - Highest Open / Lowest Open Trade

Postby merka » Sat Aug 13, 2016 11:53 am

Hello TRO
I'd like to challenge you on a method for daily TF taking the relevant lines and trends from weekly and monthly.
On that system you will place only 1 trade per day.
Mainly is a system for people that work all the day and they do not have time for staying in front of the screen.
I looked your videos and found just 1 for daily TF and it was based on green/red color.
Do you already have something similar?
If not could we developed something simple together based on strong frequency distribution evidence to get the edge to enter a trade?
Let me know please.
Regards.
Merka

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Re: HOLO - Highest Open / Lowest Open Trade

Postby merka » Sat Aug 13, 2016 2:55 pm

@TRO
Please ignore my previous post because I re-posted it on the relevant thread:
therumpledone/tro-2016-donational-indicators-t9238/page210#p94365
Regards.
Merka

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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Tue Aug 16, 2016 1:35 pm

EURJPYM15.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: HOLO - Highest Open / Lowest Open Trade

Postby prochargedmopar » Sat Aug 20, 2016 3:12 am

v8power wrote:
MightyOne wrote:
PTG wrote:2016-08-10_1941.png

So you continuously look for 15 degree patterns and make the same decisions over and over again if I understand it correctly ?


My friend, there are only patterns and breakouts and wider patterns and larger breakouts.
A slow channel is congestion & congestion cannot be a true breakout.
A "steep channel" is not congestion, "not congestion" is a breakout and a breakout cannot also be a "pattern"...because breakouts "breakout" of patterns.

They are being tricked into believing that the market moves faster than it really does.

Do not draw steep channels, they do not exist, that is what trend lines are for.

PTG.png


While I agree that the market moves slower then what most believe (a breakout of a 15 angle will probably fail). But with 3 different angle speeds (horiz, channel and breakout) if price breaks out of a 15 channel and doesn't return you now have price moving around 30* channel. Now price can slow back down to a 15* channel and move within there or it can move to a 60*. Which if it does that,it will normally move in a parabolic motion signaling that which ever way price was moving and you can expect price to congest as it moves from a 60* channel to a 30* then to a 15* then a 15* channel in the other direction. This was the best pic I could quickly and currently find.

eurjpy-h1-oanda-division1.png


So what we have then is a rounding bottom.
Higher low major trend reversal
123
Double bottom
Quasimodo
And best of all...H&S
Knees n toes, head and shoulders, knees and toes,
Eyes n ears n mouth n nose......

lol

Been listening to a lot of nursery rhimes lately.

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Re: HOLO - Highest Open / Lowest Open Trade

Postby TheRumpledOne » Mon Aug 22, 2016 8:37 pm

TRO.png
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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