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jahjahblessed
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Postby jahjahblessed » Sun Apr 05, 2009 10:18 am

es/pip wrote:
MightyOne wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:Ok now that I am somewhat on the same page as you

When does the count (0,00) start over/how long is the measurement good for----only the current bar?


If bars 0 and 00 do not effect the price action do you restart the count as the new bars form?

If the measurement of 0,00 does effect the price action do you still walk the count forward as new bars form?

Not sure I expressed that the way I wanted to ----if not clear, I will do it on charts


For TRO's mental health let us use 0 as the current bar, 1 as the prev. bar (0), & 2 as the bar before that (00).

The first thing before any other consideration is the breakout; the
breakout starts it all.

The range of 1 & 2 from the low (in the case of a high BO) pushes the line up if:

1. they are higher than the breakout line.
2. the price on the current bar touches that price.

The lines remain until they are either moved higher or the candle closes and there is another BO.

Again, It all starts with the breakout!

Outside bars are treated differently:

The breakout with the greatest Iperiod is the line that stays.
The 1 and 2 candle can then push that line further if the range
is great enough and price moves to that price level.

aside from that a new BO sets the next line.

This Dynamic trend is a combination of momentum and Dynamic Fibs S&R.


k thanks

i think i understand all of it now

this is so interesting that i may switch things up and trade this

the only thing that ever "bothered" me about the zl/mz was having to wait so long for a correct setup----due to, when i first started trading was scalping stocks(before they changed it to .01 a tick) and i traded very large total volume at the end of the day. 1/16th here 1/4 here etc etc all day long

anyway

i have spent some time and going to spend a lot more tomorrow on this

but from what i have seen so far----using 30m-1hr,4hr for plotting the lines and trading 2-5 minute chart based off dfsr looks very interesting to say the least---and then applying your suggestion of expanding stops based on p/l makes it even look that much better

i love looking at new ideas that make sense----and this one may just completely take me away from zl's all together


it makes my head spin how you even think to come up with this kind of stuff----- i have spent thousands of hrs looking and trying all kinds of things and never have come up with anything remotely close to what you have presented

unreal

again thanks for what you are doing here


I don't care what they say...

A nice high quality micro beer and a set of charts and you are seeing things that no sober person can dream of :shock:


lol with ya on that :D

current bar is the green BO not red sorry
think I got, maybe it can be similar to the "panca break out" in the second pic
Image
Image
transform to PIP"S FARI

Whatever the mind of man can conceive and believe, it can achieve.
Napoleon Hill

Image
JAHJAHBLESSED

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es/pip
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Postby es/pip » Sun Apr 05, 2009 12:50 pm

jahjahblessed wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:Ok now that I am somewhat on the same page as you

When does the count (0,00) start over/how long is the measurement good for----only the current bar?


If bars 0 and 00 do not effect the price action do you restart the count as the new bars form?

If the measurement of 0,00 does effect the price action do you still walk the count forward as new bars form?

Not sure I expressed that the way I wanted to ----if not clear, I will do it on charts


For TRO's mental health let us use 0 as the current bar, 1 as the prev. bar (0), & 2 as the bar before that (00).

The first thing before any other consideration is the breakout; the
breakout starts it all.

The range of 1 & 2 from the low (in the case of a high BO) pushes the line up if:

1. they are higher than the breakout line.
2. the price on the current bar touches that price.

The lines remain until they are either moved higher or the candle closes and there is another BO.

Again, It all starts with the breakout!

Outside bars are treated differently:

The breakout with the greatest Iperiod is the line that stays.
The 1 and 2 candle can then push that line further if the range
is great enough and price moves to that price level.

aside from that a new BO sets the next line.

This Dynamic trend is a combination of momentum and Dynamic Fibs S&R.


k thanks

i think i understand all of it now

this is so interesting that i may switch things up and trade this

the only thing that ever "bothered" me about the zl/mz was having to wait so long for a correct setup----due to, when i first started trading was scalping stocks(before they changed it to .01 a tick) and i traded very large total volume at the end of the day. 1/16th here 1/4 here etc etc all day long

anyway

i have spent some time and going to spend a lot more tomorrow on this

but from what i have seen so far----using 30m-1hr,4hr for plotting the lines and trading 2-5 minute chart based off dfsr looks very interesting to say the least---and then applying your suggestion of expanding stops based on p/l makes it even look that much better

i love looking at new ideas that make sense----and this one may just completely take me away from zl's all together


it makes my head spin how you even think to come up with this kind of stuff----- i have spent thousands of hrs looking and trying all kinds of things and never have come up with anything remotely close to what you have presented

unreal

again thanks for what you are doing here


I don't care what they say...

A nice high quality micro beer and a set of charts and you are seeing things that no sober person can dream of :shock:


lol with ya on that :D

current bar is the green BO not red sorry
think I got, maybe it can be similar to the "panca break out" in the second pic
Image
Image


MO posted a chart of this PA 4 pages back

there are many more lines that can be plotted for this PA

here is mine not 100% the same as MO's but close

Image

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MightyOne
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Postby MightyOne » Sun Apr 05, 2009 2:19 pm

es/pip wrote:
jahjahblessed wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:Ok now that I am somewhat on the same page as you

When does the count (0,00) start over/how long is the measurement good for----only the current bar?


If bars 0 and 00 do not effect the price action do you restart the count as the new bars form?

If the measurement of 0,00 does effect the price action do you still walk the count forward as new bars form?

Not sure I expressed that the way I wanted to ----if not clear, I will do it on charts


For TRO's mental health let us use 0 as the current bar, 1 as the prev. bar (0), & 2 as the bar before that (00).

The first thing before any other consideration is the breakout; the
breakout starts it all.

The range of 1 & 2 from the low (in the case of a high BO) pushes the line up if:

1. they are higher than the breakout line.
2. the price on the current bar touches that price.

The lines remain until they are either moved higher or the candle closes and there is another BO.

Again, It all starts with the breakout!

Outside bars are treated differently:

The breakout with the greatest Iperiod is the line that stays.
The 1 and 2 candle can then push that line further if the range
is great enough and price moves to that price level.

aside from that a new BO sets the next line.

This Dynamic trend is a combination of momentum and Dynamic Fibs S&R.


k thanks

i think i understand all of it now

this is so interesting that i may switch things up and trade this

the only thing that ever "bothered" me about the zl/mz was having to wait so long for a correct setup----due to, when i first started trading was scalping stocks(before they changed it to .01 a tick) and i traded very large total volume at the end of the day. 1/16th here 1/4 here etc etc all day long

anyway

i have spent some time and going to spend a lot more tomorrow on this

but from what i have seen so far----using 30m-1hr,4hr for plotting the lines and trading 2-5 minute chart based off dfsr looks very interesting to say the least---and then applying your suggestion of expanding stops based on p/l makes it even look that much better

i love looking at new ideas that make sense----and this one may just completely take me away from zl's all together


it makes my head spin how you even think to come up with this kind of stuff----- i have spent thousands of hrs looking and trying all kinds of things and never have come up with anything remotely close to what you have presented

unreal

again thanks for what you are doing here


I don't care what they say...

A nice high quality micro beer and a set of charts and you are seeing things that no sober person can dream of :shock:


lol with ya on that :D

current bar is the green BO not red sorry
think I got, maybe it can be similar to the "panca break out" in the second pic
Image
Image


MO posted a chart of this PA 4 pages back

there are many more lines that can be plotted for this PA

here is mine not 100% the same as MO's but close

Image


Don't forget that it signals well in trending conditions also:

Image

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jahjahblessed
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Postby jahjahblessed » Sun Apr 05, 2009 5:19 pm

MightyOne wrote:
es/pip wrote:
jahjahblessed wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:Ok now that I am somewhat on the same page as you

When does the count (0,00) start over/how long is the measurement good for----only the current bar?


If bars 0 and 00 do not effect the price action do you restart the count as the new bars form?

If the measurement of 0,00 does effect the price action do you still walk the count forward as new bars form?

Not sure I expressed that the way I wanted to ----if not clear, I will do it on charts


For TRO's mental health let us use 0 as the current bar, 1 as the prev. bar (0), & 2 as the bar before that (00).

The first thing before any other consideration is the breakout; the
breakout starts it all.

The range of 1 & 2 from the low (in the case of a high BO) pushes the line up if:

1. they are higher than the breakout line.
2. the price on the current bar touches that price.

The lines remain until they are either moved higher or the candle closes and there is another BO.

Again, It all starts with the breakout!

Outside bars are treated differently:

The breakout with the greatest Iperiod is the line that stays.
The 1 and 2 candle can then push that line further if the range
is great enough and price moves to that price level.

aside from that a new BO sets the next line.

This Dynamic trend is a combination of momentum and Dynamic Fibs S&R.


k thanks

i think i understand all of it now

this is so interesting that i may switch things up and trade this

the only thing that ever "bothered" me about the zl/mz was having to wait so long for a correct setup----due to, when i first started trading was scalping stocks(before they changed it to .01 a tick) and i traded very large total volume at the end of the day. 1/16th here 1/4 here etc etc all day long

anyway

i have spent some time and going to spend a lot more tomorrow on this

but from what i have seen so far----using 30m-1hr,4hr for plotting the lines and trading 2-5 minute chart based off dfsr looks very interesting to say the least---and then applying your suggestion of expanding stops based on p/l makes it even look that much better

i love looking at new ideas that make sense----and this one may just completely take me away from zl's all together


it makes my head spin how you even think to come up with this kind of stuff----- i have spent thousands of hrs looking and trying all kinds of things and never have come up with anything remotely close to what you have presented

unreal

again thanks for what you are doing here


I don't care what they say...

A nice high quality micro beer and a set of charts and you are seeing things that no sober person can dream of :shock:


lol with ya on that :D

current bar is the green BO not red sorry
think I got, maybe it can be similar to the "panca break out" in the second pic
Image
Image


MO posted a chart of this PA 4 pages back

there are many more lines that can be plotted for this PA

here is mine not 100% the same as MO's but close

Image


Don't forget that it signals well in trending conditions also:

Image

Instead of dynamic fib multimeter may you can use something similar to the "panca break out" that plots it on the chart for you
transform to PIP"S FARI



Whatever the mind of man can conceive and believe, it can achieve.

Napoleon Hill



Image

JAHJAHBLESSED

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es/pip
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Postby es/pip » Sun Apr 05, 2009 8:06 pm

here is the plan

going to trade the pound

plotting my dynamic trend lines off either 30m-1hr---not sure yet

trading the lines off the 3 min chart with dfsr

risking 1%--with a 15 pip stop----bec i really am not sure what i am doing with this yet----will eventually move that to 4%--hopefully this week some time

will reinvest profits by increasing stop

i think i can get 3-5% off the 1%---so with 4% risk that would be 12-20% per day----- and i think those numbers will end up being on the very low side---hopefully

:D

MO, when you are trading this strategy are you looking to try and get out with a profit and re enter in the direction of the dynamic trend or once you get in r u trying to hold until you get a new dynamic trend direction.

pretty pumped about trading this

from what i have looked at ----it looks great to me---obviously trading something live is diff than looking at a static chart------

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johnnie
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Postby johnnie » Sun Apr 05, 2009 8:21 pm

Hello all! This is my very first post, but I have been reading this particular forum for a few weeks. I am just wondering what does Iperiod stand for?
"In the case of an outside bar the breakout line remains on the breakout with the highest Dynamic Fib Iperiod BO"
Thanks
Johnnie

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MightyOne
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Postby MightyOne » Mon Apr 06, 2009 1:30 am

es/pip wrote:here is the plan

going to trade the pound

plotting my dynamic trend lines off either 30m-1hr---not sure yet

trading the lines off the 3 min chart with dfsr

risking 1%--with a 15 pip stop----bec i really am not sure what i am doing with this yet----will eventually move that to 4%--hopefully this week some time

will reinvest profits by increasing stop

i think i can get 3-5% off the 1%---so with 4% risk that would be 12-20% per day----- and i think those numbers will end up being on the very low side---hopefully

:D

MO, when you are trading this strategy are you looking to try and get out with a profit and re enter in the direction of the dynamic trend or once you get in r u trying to hold until you get a new dynamic trend direction.

pretty pumped about trading this

from what i have looked at ----it looks great to me---obviously trading something live is diff than looking at a static chart------



Same strategy as the cycle lines es / pip.

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es/pip
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Postby es/pip » Mon Apr 06, 2009 1:55 am

3 trades all profitable----traded the first line twice

left a ton on the table on the 3rd trade---never got a dfsr to get back in long


MO what r your thoughts when it rips like this or when you have a line and it goes above it and you dont get a dfsr to get even though your bias is long

+2.5% right now

Image

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MightyOne
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Postby MightyOne » Mon Apr 06, 2009 2:12 am

jahjahblessed wrote:
MightyOne wrote:
es/pip wrote:
jahjahblessed wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:
MightyOne wrote:
es/pip wrote:Ok now that I am somewhat on the same page as you

When does the count (0,00) start over/how long is the measurement good for----only the current bar?


If bars 0 and 00 do not effect the price action do you restart the count as the new bars form?

If the measurement of 0,00 does effect the price action do you still walk the count forward as new bars form?

Not sure I expressed that the way I wanted to ----if not clear, I will do it on charts


For TRO's mental health let us use 0 as the current bar, 1 as the prev. bar (0), & 2 as the bar before that (00).

The first thing before any other consideration is the breakout; the
breakout starts it all.

The range of 1 & 2 from the low (in the case of a high BO) pushes the line up if:

1. they are higher than the breakout line.
2. the price on the current bar touches that price.

The lines remain until they are either moved higher or the candle closes and there is another BO.

Again, It all starts with the breakout!

Outside bars are treated differently:

The breakout with the greatest Iperiod is the line that stays.
The 1 and 2 candle can then push that line further if the range
is great enough and price moves to that price level.

aside from that a new BO sets the next line.

This Dynamic trend is a combination of momentum and Dynamic Fibs S&R.


k thanks

i think i understand all of it now

this is so interesting that i may switch things up and trade this

the only thing that ever "bothered" me about the zl/mz was having to wait so long for a correct setup----due to, when i first started trading was scalping stocks(before they changed it to .01 a tick) and i traded very large total volume at the end of the day. 1/16th here 1/4 here etc etc all day long

anyway

i have spent some time and going to spend a lot more tomorrow on this

but from what i have seen so far----using 30m-1hr,4hr for plotting the lines and trading 2-5 minute chart based off dfsr looks very interesting to say the least---and then applying your suggestion of expanding stops based on p/l makes it even look that much better

i love looking at new ideas that make sense----and this one may just completely take me away from zl's all together


it makes my head spin how you even think to come up with this kind of stuff----- i have spent thousands of hrs looking and trying all kinds of things and never have come up with anything remotely close to what you have presented

unreal

again thanks for what you are doing here


I don't care what they say...

A nice high quality micro beer and a set of charts and you are seeing things that no sober person can dream of :shock:


lol with ya on that :D

current bar is the green BO not red sorry
think I got, maybe it can be similar to the "panca break out" in the second pic
Image
Image


MO posted a chart of this PA 4 pages back

there are many more lines that can be plotted for this PA

here is mine not 100% the same as MO's but close

Image


Don't forget that it signals well in trending conditions also:

Image

Instead of dynamic fib multimeter may you can use something similar to the "panca break out" that plots it on the chart for you


It is not dynamic fibs or an entry strategy it is a strategy for direction.

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es/pip
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Postby es/pip » Mon Apr 06, 2009 2:16 am

amendment to my rules

sometimes i may trade whatever time frame that i want to :D

currently in this one


the only thing that i am not use to is now my stops are very large----lol but i will get use to it

Image

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