Maybe I’m understanding something.
MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.
ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.
The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
How to be a MOnster
Moderator: moderators
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
__________ THE IS A LIE__________
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Re: How to be a MOnster
MightyOne wrote:Pjort wrote:...Or maybee just countlesd hours spend here trying to understand MOs sixth and Tro rat Lines and Reading all your enthusiastic chart question...
TRO RAT LINES: 20 pips from the extreme, green candle, red candle, go short
I haven't talked about sixes is years...and years and years
I tell people what to read (2 or 3 pages) and then they go trying to read the whole thing (thousands of pages).
It is so simple, if you read from here forward then that covers 95% of everything:
abc.png
I’ll bite:
let me read.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
-
- rank: 50+ posts
- Posts: 63
- Joined: Wed Oct 04, 2017 9:04 pm
- Reputation: 75
- Location: houston tx
- Real name: steve
- Gender:
Re: How to be a MOnster
prochargedmopar wrote:MightyOne wrote:Pjort wrote:...Or maybee just countlesd hours spend here trying to understand MOs sixth and Tro rat Lines and Reading all your enthusiastic chart question...
TRO RAT LINES: 20 pips from the extreme, green candle, red candle, go short
I haven't talked about sixes is years...and years and years
I tell people what to read (2 or 3 pages) and then they go trying to read the whole thing (thousands of pages).
It is so simple, if you read from here forward then that covers 95% of everything:
abc.png
I’ll bite:
let me read.
I did not think mo used the rat zones?
the rat zone for life
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
1) The Road Map
It’s not required but I prefer to look for H4 price levels around bigger zones. This helps me to “filter” some entry.
Nothing new: i’m placing a line at the close of a bar that closed over the previous extreme, obviously the bigger timeframe rules and zones like 50%/25%/75% of the range are well accepted.
Then I drop one or two timeframes and I have my supply/demand level -> the line becomes a zone with no specific rules needed about the way to draw it.
Since I noticed that S/D Indicators are drawing exactly the same zones that I’d draw by hand I’m using one of them, but I’ll be back on it later.
It’s not required but I prefer to look for H4 price levels around bigger zones. This helps me to “filter” some entry.
Nothing new: i’m placing a line at the close of a bar that closed over the previous extreme, obviously the bigger timeframe rules and zones like 50%/25%/75% of the range are well accepted.
Then I drop one or two timeframes and I have my supply/demand level -> the line becomes a zone with no specific rules needed about the way to draw it.
Since I noticed that S/D Indicators are drawing exactly the same zones that I’d draw by hand I’m using one of them, but I’ll be back on it later.
__________ THE IS A LIE__________
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
2) The Entry
After a H4 bar CLOSED I use one of the infinite method to draw a smaller zone. What really matter here are TARGETS.
The way I use as a ‘standard rule’ to avoid mistakes is taking profits arount the ‘2’ of a 1-2-3.
Then it could travel for 500+ pips but it doesn’t matter: ‘2’ is the target.
After a H4 bar CLOSED I use one of the infinite method to draw a smaller zone. What really matter here are TARGETS.
The way I use as a ‘standard rule’ to avoid mistakes is taking profits arount the ‘2’ of a 1-2-3.
Then it could travel for 500+ pips but it doesn’t matter: ‘2’ is the target.
__________ THE IS A LIE__________
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
Last edited by Mira on Thu Feb 08, 2018 6:48 pm, edited 1 time in total.
__________ THE IS A LIE__________
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
The board is accessible only from the phone and still there are many bugs too
BTW
In the meantime I’m studying some lagging (I know, I know LOL) because I really need to save some time if I want to trade everyday.
OSCs are horrible so I’m evaluating the idea of using channels with an alert built in. At the moment I’m interested in repainting indicators, I’ll post something when I have it.
BTW
In the meantime I’m studying some lagging (I know, I know LOL) because I really need to save some time if I want to trade everyday.
OSCs are horrible so I’m evaluating the idea of using channels with an alert built in. At the moment I’m interested in repainting indicators, I’ll post something when I have it.
__________ THE IS A LIE__________
Re: How to be a MOnster
Mira ,,,this is what I use on my android phone..Mira wrote:Maybe I’m understanding something.
MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.
ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.
The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
- Attachments
-
- Screenshot_2018-02-13-18-01-29.png (97.79 KiB) Viewed 4345 times
- Mira
- rank: 1000+ posts
- Posts: 1729
- Joined: Thu Nov 10, 2016 8:37 pm
- Reputation: 1608
- Gender:
- Contact:
Re: How to be a MOnster
dchappy wrote:Mira ,,,this is what I use on my android phone..Mira wrote:Maybe I’m understanding something.
MO was right, trying to hold into a trade is worthless at this stage.
The trade always starts from a pattern and ends with a breakout, and so on.
ATM I’m studying a way to send a push notification to my phone when a pair is around a price level and then I’d use my phone or my pc, if I have access to it, to decide if taking the trade or not.
The problem is that I’m struggling because I need a way to receive price levels signals in the most automated way, that’s not easy.
Thanks DC!
I can’t find it on the App Store
I’m looking for something similar but it’s full of crap.. it’s sad that a platform as MT4 is so limited, adding alerts in the app would be the best solution.
__________ THE IS A LIE__________
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.