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prochargedmopar
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Postby prochargedmopar » Sat Jun 06, 2009 12:57 pm

Thanks,
Sounds like fun.

Do you still use the same 12/12 cross?
With the M1 chart are you still waiting for the H1/ M1 arrow to match up for the cross or do you drop down and just have something like the m15 as the master trend to go along with the m1 cross?
Thanks.
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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rowdy
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Postby rowdy » Sat Jun 06, 2009 2:21 pm

prochargedmopar wrote:Thanks,
Sounds like fun.

Do you still use the same 12/12 cross?
With the M1 chart are you still waiting for the H1/ M1 arrow to match up for the cross or do you drop down and just have something like the m15 as the master trend to go along with the m1 cross?
Thanks.


Yes on the 12/12. I currently do not wait for any arrow match up for a cross. I stay on the M1 chart the whole time. You will notice that even in the largest breakouts on H1, M15, etc. that retracements occur. Those "bottoming out" of the retracements are the 3 Semas on the M1 chart. You are not going to get caught in a 500 pip breakout against you on a M1 chart. You can verify this for yourself. Look at EU on M1. What is the largest range in pips between 3 Sema to 3 Sema. Try making the assumption that the 3 Sema forms 50% of that range and repaints from there. Now you have an absolute worst case scenario. It isnt that much when you consider how many wins you will have.

One thing that I did not mention in my previous post. It very important
to thank two people. First thank teoman. I would never have dreamed of
using an MA cross/Sema 3 combination to find reversals. The Sema 3 tells
you are in a breakout but a reverse in on the horizon. The MA cross forces
you to be patient to "confirm" that the reversal is actually happening.
Secondly thank TRO. The idea of reentering when price moves against you
comes from the rules he posted for DTB. This is one of those good trader
"secrets" that you wont find in any trading book.
All I need is Supply and Demand

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TheRumpledOne
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Postby TheRumpledOne » Sat Jun 06, 2009 4:22 pm

Image

When the MA's cross, that usually means the trend has reversed. You won't be entering at the bottom. Instead, you will be entering with the trend.

You can plot fib retracements to make sure you are not too late to the party and for TP targets.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

teoman
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Postby teoman » Sat Jun 06, 2009 5:17 pm

Sideway markets are not good for trend fallowers like MA,

May be for optimization of fake signals of MA,

Could it be a good idea to use MA Angles..

Ma angles can show sideways,

I need your opinions...


Attached, MA angles,


Very interesting I could not find MA Angles in TRO's collection...(free or donational)



Image
Attachments
MA Angle v4.mq4
(8.18 KiB) Downloaded 92 times

ilovetro
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Postby ilovetro » Sat Jun 06, 2009 5:21 pm

Hi teoman, prochargedmopar and rowdy,

do you use TRO_Dynamic_Fibs_SR with teoman's method? If so, what period are you using?

Thanks.

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teoman
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Postby teoman » Sat Jun 06, 2009 5:50 pm

prochargedmopar wrote:
rowdy wrote:5m scalp method on a m1 chart


why I choose 12 for ema/sma because, I use H1 bias,

H1 ,there is 12, 5 min bars.

If you use 1 min to trade with M15 bias , I suggest you use EMA(15)/SMA(15)

or with H1 bias EMA(60)/SMA(60)

Regards...

teoman
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Postby teoman » Sat Jun 06, 2009 6:02 pm

very interesting as we are waiting semafor 3 and cross ma, when using,with M1 chart ema(60),sma(60) , I saw that you can eliminate some ma fake signals,because off ocurring 3 semafors at wrong side..

or just on the contrary, when ma cross occurs wait semafor for confirmation...


Let me test with metastock.. himmm

teoman
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Postby teoman » Sat Jun 06, 2009 6:20 pm

Metastock, Creating a New System for Dummies :)


http://rapidshare.com/files/241566025/M ... m.pdf.html

teoman
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Postby teoman » Sat Jun 06, 2009 7:07 pm

[quote="TheRumpledOne]You can plot fib retracements to make sure you are not too late to the party and for TP targets.[/quote]


I tries all fibs could not find that one , indicator name please?

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MightyOne
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Postby MightyOne » Sat Jun 06, 2009 7:30 pm

I don't see anything that I didn't already know by looking at the candles:

Image

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