Never Lose Again

[MightyOne]

: Realizing that I have strayed from simplicity I sat down and had a conversation with the chart and here is what he said:

"If a candle closes after a momentum move then it will be larger than the prev. candle & it may be larger than a consecutive number of candles in the past.

The smaller this number is the stronger the move to come.
The larger this number is the weaker the move to come.

Drain the banks!"

That is all he said

[MightyOne]

The larger the numbers the fewer the pips left in that direction.

The candles are labeled based on the number of consecutive candles smaller than the candle to close.
If this number is zero then price retains the strength of the last labeled candle.

[MightyOne]

1 & down we went:

[prochargedmopar]

Interesting twist MightyOne.
Will look for this.

[kc8flq]

Or post it at 4shared.com, and share the link to your folder here.

Please post that document so all may benefit.

It's huge (15,603 KB). I tried posting many times and even tried zipping it but to no avail

Copy & paste or take pictures

[TheRumpledOne]

TRO,
Will you please comment on this:
The risk parameters are inputs so you can adjust the risk value for each risk type or turn one or more off by setting the input to 0.

And this:
The latest RISK ANALYSIS uses the BuyZone for the H1 and D1, the H1 Vegas Tunnel, jjrvat's PBP and my Dynamic S/R to gauge the risk of the trade.

What settings/input were you able to set to 0?
Thanks.

Pro...

Over the years, I have written and modified close to, if not over, 1,000 indicators.

So PLEASE, post a chart, exact indicator name, show the inputs or problem. Then I can help you.

I will assume you know how to change the inputs, if not, then visit HERE

[TheRumpledOne]

"MightyOne" : Realizing that I have strayed from simplicity I sat down and had a conversation with the chart and here is what he said:

"If a candle closes after a momentum move then it will be larger than the prev. candle & it may be larger than a consecutive number of candles in the past.

The smaller this number is the stronger the move to come.
The larger this number is the weaker the move to come.

Drain the banks!"

That is all he said



You sure know how to "work" me, don't you MightyOne?

[TheRumpledOne]

How's that look, MightyOne??

[TheRumpledOne]

If a candle closes after a momentum move then it will be larger than the prev. candle & it may be larger than a consecutive number of candles in the past.

The smaller this number is the stronger the move to come.

The larger this number is the weaker the move to come.

The larger the numbers the fewer the pips left in that direction.

The candles are labeled based on the number of consecutive candles smaller than the candle to close.

If this number is zero then price retains the strength of the last labeled candle.

- MightyOne




I can't tell which is more meaningful, the chart plot or the histogram?!?!

[TheRumpledOne]

Getter warmer...