Never Lose Again

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5904
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1391
Gender: Male

Postby MightyOne » Thu Jun 18, 2009 6:14 pm

Body in the direction of profit

Wick in the direction of loss

See the truth

Fade the illusion

Once there is an alert that price is in the zone you can either go at it DTB style entering when price retraces 5-10 pips or you can enter on a retrace to the nearest horizontal line.

I have been favoring horizontal lines over any other entry method.

monolisa wrote:Hi,

I came across this chart today and I think it's a "classical" zline setup.

zline is plotted using blurbb's zline indicator. numbers are mo numbers.

As you can see from the chart the first few candles after the bull momentum bar (with 90 on the top) wicked the zline. After a few candles the bear took over the price went toward the zline and wick again. At this moment bull candle appeared and it went up with some momentum. Despite the momentum it wasn't strong enough and after a bit of tussle (top blue rectangle) price came back down again starting with a momentum bear candle (with 4 on top).

The question I have is:
1. How should I play this setup? Should I place long limit order at the zline? 2. How do I know if price will go higher at zline? Does the "wick" show the way as MO mentioned before?

Thanks in advance

Lis

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5904
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1391
Gender: Male

Postby MightyOne » Thu Jun 18, 2009 6:30 pm

Do you see any squiggly? I didn't think so!

Image

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12779
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1269
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Jun 18, 2009 7:17 pm

The dashboards work fine if you have loaded ALL of the indicators properly into the indicator folder.

Unfortunately, I don't know of a way to have the indicator check to disk to see if the required indicator is in the folder.... but I may have an idea... will have to test it!!
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.

zapzinig
rank: 50+ posts
rank: 50+ posts
Posts: 131
Joined: Fri May 19, 2006 8:57 pm
Reputation: 0
Gender: None specified

H1 zline trades

Postby zapzinig » Thu Jun 18, 2009 8:13 pm

Zline trades for today H1 on GBP/USD 3 trades +290 pips !!!!! Thanks MO for your insight and simplicity.
-ZZ




User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12779
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1269
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Jun 18, 2009 8:54 pm

I figured out a way to do it!!

I coded the dashboard to send a period = -1 to the external indicator.

If the external indicator is on the disk, it returns a value of 99.

If the dashboard sees a 99, then it proceeds, OTHERWISE, the dashboard displays an error message and shuts down.

Not the most elegant solution but effective.

Now, I have to put that code in EVERY indicator that calls another indicator.

MY WORK IS NEVER DONE... LOL!!
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

teoman
rank: 50+ posts
rank: 50+ posts
Posts: 88
Joined: Tue May 05, 2009 4:11 pm
Reputation: 0
Gender: Male

Postby teoman » Thu Jun 18, 2009 9:05 pm

I do not want to be rude, but my opinion is cross or semafor 8, does not give any usefull infformation, I tried to use that, all my trades ended with lost.

5 min chart tpl and indi added,

I try to find the revarsal with fractal...

better than volume stop, revarsal will occur when semafor 3 and fractal at same point..I almost catch all the reversal with fractal..


Image
Attachments
teo.zip
(26.19 KiB) Downloaded 92 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5904
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1391
Gender: Male

Postby MightyOne » Thu Jun 18, 2009 11:06 pm

"...my opinion is cross or semafor 8, does not give any usefull infformation..." -Teoman

:lol: :lol: :lol: :lol: :lol:

Humble
rank: 500+ posts
rank: 500+ posts
Posts: 576
Joined: Fri Mar 20, 2009 10:29 am
Reputation: 2
Gender: Male

Postby Humble » Thu Jun 18, 2009 11:27 pm

teoman wrote:I..I almost catch all the reversal with fractal..


I would have thought the "false positives" would be the issue.
If you get the semafors to be useful you will have done much better than me, as I've given up on them!
However you may like to try using the Support & Resistance Barry indi with them instead of the fractal.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12779
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1269
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Jun 18, 2009 11:37 pm

Image

I created a fractal multimeter and a fractal plot.

Let's see how they work with STOPPING VOLUME and the 3 LEVEL ZZ SEMAFOR.
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.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12779
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1269
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Thu Jun 18, 2009 11:51 pm

Humble wrote:
teoman wrote:I..I almost catch all the reversal with fractal..


I would have thought the "false positives" would be the issue.
If you get the semafors to be useful you will have done much better than me, as I've given up on them!
However you may like to try using the Support & Resistance Barry indi with them instead of the fractal.


BARRY'S IS FRACTALS!!

Code: Select all

int start()
  {
 
   i=Bars;
   while(i>=0)
     {
   
val1 = iFractals(NULL, 0, MODE_UPPER,i);
 if (val1 > 0)
   v1[i]=High[i];
    else
      v1[i] = v1[i+1];
 
val2 = iFractals(NULL, 0, MODE_LOWER,i);
 if (val2 > 0)
   v2[i]=Low[i];
      else
      v2[i] = v2[i+1];

      i--;
     }   
   return(0);
  }
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.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”