I see.
I, personally, lost interest in PnF because of those "bugs". Version 1.2 might be better.
I'm really feeling that I'm gettin better and more confident trading old fashioned ZL, SD, MOMO with my own entry techniques. It's working consistently so far so I don't want to be changing the winning team.
Nice volatility today so numbers are bigger. It was a great day.
PA, S/R, ZL, EXTREMES & MOMO
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Just been playing around with an old indi - TROs variatino of toptrend which I believe was BBStop renamed.I was looking for something similar to 3CC that was clearer for me to read and maybe I've found it.
Here's the weekly chart. You'll notice how and when with the settings I've used the dots and lines change:
Now there is a MTF version of BBStop available but I suspect it has the same problem as most MTF indis. So I've used TROs indi and altered the numbers accordingly - this is going to work slightly differently to a MTF indi in that it will calculate back on the periods i.e. it's not working off weekly bars etc (a bit like you'd do the numbers on MAs) - i.e. more akin to 3cc.
Here it is on the minute chart where I've been watching to see if it does what I expect:
And on the hourly:
Entry on the hourly must be with 4hourly and pref with daily 'trend'. If going counter-trend there are three things to note, 2 again you ideally go with the 4hourly, and your target is the daily (i.e. zero out) so if the potential r:r isn't there you don't take it. Likewise for where 4hour and daily 'trends' are likely to run.
All the same stuff but another way of seeing it.
Here's the weekly chart. You'll notice how and when with the settings I've used the dots and lines change:
Now there is a MTF version of BBStop available but I suspect it has the same problem as most MTF indis. So I've used TROs indi and altered the numbers accordingly - this is going to work slightly differently to a MTF indi in that it will calculate back on the periods i.e. it's not working off weekly bars etc (a bit like you'd do the numbers on MAs) - i.e. more akin to 3cc.
Here it is on the minute chart where I've been watching to see if it does what I expect:
And on the hourly:
Entry on the hourly must be with 4hourly and pref with daily 'trend'. If going counter-trend there are three things to note, 2 again you ideally go with the 4hourly, and your target is the daily (i.e. zero out) so if the potential r:r isn't there you don't take it. Likewise for where 4hour and daily 'trends' are likely to run.
All the same stuff but another way of seeing it.
Try this PnF indicator and let me know if you think that is better or worse than the other one posted on this forum.
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USD/CHF 10 x 2
Drawn using MBT NAV PRO sweet spots on a 30s chart:
http://i54.tinypic.com/ilh9qw.jpg
http://i55.tinypic.com/2h36es7.jpg
Drawn using MBT NAV PRO sweet spots on a 30s chart:
http://i54.tinypic.com/ilh9qw.jpg
http://i55.tinypic.com/2h36es7.jpg
- Jalarupa
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MightyOne wrote:USD/CHF 10 x 2
Drawn using MBT NAV PRO sweet spots on a 30s chart:
http://i54.tinypic.com/ilh9qw.jpg
http://i55.tinypic.com/2h36es7.jpg
I believe Gamers refer to this sort of behaviour as L33t...
I just reckon its bloody hardcore...
Nice rug
Busy watching how P&F behaves... it really is interesting... will post the time-lapse vid of today's market action on the EU tomorrow if all goes well...
Those 45* angles are getting rocked in the H1 chart
Jalarupa wrote:MightyOne wrote:USD/CHF 10 x 2
Drawn using MBT NAV PRO sweet spots on a 30s chart:
http://i54.tinypic.com/ilh9qw.jpg
http://i55.tinypic.com/2h36es7.jpg
I believe Gamers refer to this sort of behaviour as L33t...
I just reckon its bloody hardcore...
Nice rug
Busy watching how P&F behaves... it really is interesting... will post the time-lapse vid of today's market action on the EU tomorrow if all goes well...
Those 45* angles are getting rocked in the H1 chart
I will have a P&F indi coded just the way I like it and then all will be right in the world
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