How to be a MOnster

[Mira]

Good one in the morning

Very nice! Great trade, Mira!

for_Mira.png

Thank you MO! All I know is from you and the other guys on this board.

Thank you for the indi too.
I already have it on my charts, do i have to set 'Numticks', 'PercentOfWeekly' and 'HOURS'?

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[Mira]

AUDSGDH4.png

Big Road attempt, please don't laugh

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[MightyOne]

Thank you MO! All I know is from you and the other guys on this board.

Thank you for the indi too.
I already have it on my charts, do i have to set 'Numticks', 'PercentOfWeekly' and 'HOURS'?

Code: Select all

 You will only be using the following:

 DollarsPerLine: each line equals how many dollars and cents?
 
 PositionSize: 1.01 means that the indicator is set to default:
 Set it to the same value as the '...is a size of...' that is displayed on your trade chart.
 If you had to round a position size then it will tell you how close you came to your targeted $/line.
 
 If you move to larger charts then it will show you how much you will make if you say hold through monthly lines
 ($12.50 per hourly line is $200 per monthly line).

 LineWidth: this sets the space of the H1 and smaller charts and this number doubles as you move to larger charts.
 You might be looking at the M15 and the 5 pip line spacing seems like it is too wide (it's not) so you would change
 it to 3 pips or whatever.
 If you are not experienced with short-term trading then you shouldn't reduce your line space.
 The 'safe range' is 2%+ of the weekly ATR, closer to 3%.

 If the spread is greater than 50% of one line then you cannot trade that chart, you have to either move to a larger
 chart or trade a different pair.

[MightyOne]

You had one extra 'A' down there at the bottom but other than that it looks good to me.
EDIT: at the end there, the 'B' breaks the 'A' column so it should be in its own column despite leaving a single A column.

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[Mira]

AUDSGDH4.png

It is so precise
I still can't see how it works with P&F but entries are the same of the bar chart!

[Mira]

It would be cool to see last n candles instead of only one

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[MightyOne]

AUDSGDH4.png

It is so precise
I still can't see how it works with P&F but entries are the same of the bar chart!

You can't see how what works? Big Road?

I can't seem to get past this iron curtain
I was expecting resistance but I was hoping for penetration

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[Mira]

You can't see how what works? Big Road?

I can't seem to get past this iron curtain
I was expecting resistance but I was hoping for penetration
AUDSGDH4.png

I mean, are your h lines from the bar chart or are they visibile on the Big Road too?

Thank you MO!

[Mira]

I added (+50%) only one time per trade because price spiked very fast, nice move anyway!

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[MightyOne]

You can't see how what works? Big Road?

I can't seem to get past this iron curtain
I was expecting resistance but I was hoping for penetration
AUDSGDH4.png

I mean, are your h lines from the bar chart or are they visibile on the Big Road too?

Thank you MO!

That is what your bar charts are for.

Big Road is like a P&F chart that has been taken apart, labeled, and put neatly in a box; you can look inside of the box and visualize a P&F chart or you can take any section and reconstruct the chart.
When you plot a P&F chart by hand it tends to use up a whole page and even run off of the page and the Big Road solves all of that by keeping it in small boxes; using Big Road I can track 8 different pairs on one page and only use additional paper when I want to draw out sections as a P&F chart.

Each point represents two prices and these prices are used as in SweetSpotsGOLD where you trade price leaving the area.
The price outside of an area which formed a pivot is the trigger for the P&F chart itself.

Everything is part of a larger idea that is comprised of horizontal lines.

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