Never Lose Again
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charleyhankins
- rank: <50 posts
- Posts: 4
- Joined: Mon Mar 23, 2009 2:04 am
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dragon33 wrote:TheRumpledOne wrote:charleyhankins wrote:TRO, would it be possible to build in an alarm to TRO_DYNAMIC_FIBS_SR_TRAIL to sound when "ok to short" or "ok to long" displays. I am working during the NY session and can't concentrate on the charts. I think an alarm to that effect might be a great help. What do you think?
Thanks,
CH
Have you tried turning the alerts ON?
LOL
Hi! Yes. The alarm sounds when price reaches one of the trigger lines. Many times there are conflicting signals ("ok to short" and "Do Not Reverse" at the same time). And sometimes "Wait".
It would be terribly helpful to have an alarm which sounded only when the "ok to short" or "ok to long" displayed. What do you think?
Thanks,
CH
Azuremaster wrote:es/pip wrote:someone call me----------------lol
Hello ES/PIP, nice to have you here again. I really like your charts and efforts to help!es/pip wrote:To the OP that posted all the zline trades and had 2 winners out of 18 trades.
------#1--- that is a 5 min chart and you made 18 trades in like 3 hrs---- too much.
Well, I could make like 3-5 trades with 0 winners, lol.es/pip wrote:
#2--- it looks like every time you see a bar that is 2x a previous bar you are just blindly entering 50% of that bar just bec.---- you cant do that---- not the way this works if it was then every one and their mother would trade it and be worth gazillions.
That was my first day with zlines. I see body(2x a previous bar) in the direction of profit, then the next candle gives me wick in the direction of loss and I enter after close of second candle. Looking an your numerous 5min charts with price labels, i thought that is the way you enter a trade. I saw that you were picking reversals up/down on 5min charts and everything was fine.es/pip wrote:
#3 i trade 5min up to weekly charts---------- if i trade the 5min i am aware of where the higher time frames are and what the big picture is saying. I also do not go all in on a trade, i average into it in my favor.
I see, no questions here.es/pip wrote: #4-- if it does not happen on consecutive bars then it is an area that you trade away from
What do you mean? I thought that we trade away from that area in any case?es/pip wrote:
[color=#]Good trade, you entered off 1hr chart after rejection off zl area?[/color]es/pip wrote:
I can't see a wick in direction of loss here...
[color=#]Good trade, you entered off 30min chart after rejection off zl area?[/quote][/color]
That was my first day with zlines. I see body(2x a previous bar) in the direction of profit, then the next candle gives me wick in the direction of loss and I enter after close of second candle. Looking an your numerous 5min charts with price labels, i thought that is the way you enter a trade. I saw that you were picking reversals up/down on 5min charts and everything was fine.
yes, i do do that sometimes---- but when i do it is also based on higher time frames and where we are at.
[color=#] [/color]What do you mean? I thought that we trade away from that area in any case?
yes---- but when the bars happen back to back i am more inclined to take it there. When it happens not on consecutive bars, then i want to see the price action trade away from my zl area.
Good trade, you entered off 1hr chart after rejection off zl area?
yes
[color=#] [/color]
I can't see a wick in direction of loss here...
this is the situation when the bars are not consecutive, and you trade away from the area
Good trade, you entered off 30min chart after rejection off zl area?[/quote]
yes
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