ProchargedMopar's Trading Trilogy

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Thijs
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Postby Thijs » Fri Jun 19, 2009 5:44 pm

I have all the donationals. Can you explain a bit more about only 2 candles per timeframe. What do you see in it ?

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TheRumpledOne
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Postby TheRumpledOne » Fri Jun 19, 2009 11:56 pm

MightyOne wrote:"...That should be enough information.
I want to SEE INTO the H1's..." -PRO


Do you really believe that you need all of those candles?

I'll tell you how many candles you need:

2 M1
2 M5
2 M15
2 M30
2 H1
2 H4
2 D1
2 W1
2 M1

The fewer the candles that are used the more relevant your analysis will be because you are not considering anything that is irrelevant.

When you are starved for information then you will be doing the correct things such as searching the higher time frames to see where you are.

Believe that you can do more with less:

Image



Shouldn't that chart say "NO SQUIGGLY" ??
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.

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MightyOne
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Postby MightyOne » Sat Jun 20, 2009 3:01 am

"Shouldn't that chart say "NO SQUIGGLY" -TRO


Drink the squiggly and find out :shock:

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prochargedmopar
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Postby prochargedmopar » Sat Jun 20, 2009 4:02 am

MightyOne wrote:"Shouldn't that chart say "NO SQUIGGLY" -TRO


Drink the squiggly and find out :shock:


LOL

The Squiggly insignia was totally clear to me.......
Looking at the skull and crossbones to the right of it tells all.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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prochargedmopar
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Postby prochargedmopar » Sat Jun 20, 2009 4:12 am

I love this chart.....
Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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monolisa
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Postby monolisa » Sat Jun 20, 2009 5:24 am

Hi TRO,

I notice my TRO2009_OHLC_GAUGE doesn't plot the lines (eg. H4(1) Low) on the chart. Quick browse of the codes shows that my version of the indicator do not use the function drawLabel and drawLine.

Your advice please.

Thanks.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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MightyOne
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Postby MightyOne » Sat Jun 20, 2009 10:57 pm

Did you notice that it is missing the 30 minute?

monolisa wrote:Hi TRO,

I notice my TRO2009_OHLC_GAUGE doesn't plot the lines (eg. H4(1) Low) on the chart. Quick browse of the codes shows that my version of the indicator do not use the function drawLabel and drawLine.

Your advice please.

Thanks.

Lis

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monolisa
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Postby monolisa » Sun Jun 21, 2009 6:32 am

Well spotted, MO. Indeed it lacks M30 on the gauge.
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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monolisa
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Postby monolisa » Sun Jun 21, 2009 12:40 pm

Found the indicator that plots the lines - TRO2009_PLOT and TRO_PLOT.

I see the source code does not include M30. Is there a reason, TRO?

Thanks.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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monolisa
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Postby monolisa » Sun Jun 21, 2009 1:55 pm

Hi MightyOne,

I have created a chart based on your suggestions. As you can see the lines are the highs/lows of the current/previous candle of each tf. I refrain from plotting the open line as there are already too many lines :)

Are you trading these levels like S/R? or you have something else in mind...

Thanks.

Lis

MightyOne wrote:"...That should be enough information.
I want to SEE INTO the H1's..." -PRO


Do you really believe that you need all of those candles?

I'll tell you how many candles you need:

2 M1
2 M5
2 M15
2 M30
2 H1
2 H4
2 D1
2 W1
2 M1

The fewer the candles that are used the more relevant your analysis will be because you are not considering anything that is irrelevant.

When you are starved for information then you will be doing the correct things such as searching the higher time frames to see where you are.

Believe that you can do more with less:

Image
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