thoughts?
green most recent fibo ,,,red lines previous or not even mess with it?
ALOTOFPIPS
REPAINT THIS!
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- prochargedmopar
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Yes Sir,
I see breakouts
I see reversals
I see pips
I see YOUR money growing
LOL
But I also see this.......consolidation in the middle.
So many ways to make pips..........It's unreal
I can win this trade
I should win this trade
I am making it happen NOW.......What was that Mark Douglas just said???
hehehe
I see breakouts
I see reversals
I see pips
I see YOUR money growing
LOL
But I also see this.......consolidation in the middle.
So many ways to make pips..........It's unreal
I can win this trade
I should win this trade
I am making it happen NOW.......What was that Mark Douglas just said???
hehehe
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
TheRumpledOne wrote:I set period1 to 34, making it the old 3.
Period2 is now 55 and period3 is now 89.
Now we have level 3, 4 and 5. This should give us even better real time information at the M1 level.
I thought I would try setting these levels to 13, 34 and 89 to keep the same number sequence. (Using them on a 1hr chart)
Although the chart reflects the new levels it still displays the number levels 1, 2 and 3.
How do I change this to 2, 3 and 4 so as not to be confusing comparing charts with you default download settings of 5, 13 and 34?
- prochargedmopar
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Download the template TRO posted.
Or change the
Symbol_1_kod to 142
symbol_2.....143,
symbol_3.....144
Or change the
Symbol_1_kod to 142
symbol_2.....143,
symbol_3.....144
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- razorboy
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I have been playing with the semafor (it is actually semaphore, but not the point). It's really pretty simple. Enter a reversal trade on a 1 hour chart after a 2 or 3 - on the open of the next hour - SL is the 2 or 3 level - out when the 1 appears
I have layerd 2 semafors with different time periods on top of one another - trying to capture a higher time frame a lower chart - not sure if the entry signals are any better.
Also not sure what is up with the numbers that just float there away from the candles.............happens to me once in a while
I have layerd 2 semafors with different time periods on top of one another - trying to capture a higher time frame a lower chart - not sure if the entry signals are any better.
Also not sure what is up with the numbers that just float there away from the candles.............happens to me once in a while
TheRumpledOne wrote:
I had fixed a version of the float indicator.
FLOAT INDICATOR
Perhaps we may have a use for it.
Template and indicators attached.
I think I figured out the new settings. Look in upper left hand corner of chart.
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- TheRumpledOne
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The reason the semafors "float" has to do with the period, depth and deviation inputs.
It's similar to my dynamic support/resistance indicator with the difference being my dyn sr plots every bar, but the semafors paint once per period.
What happens is if a new level is not found for the period that corresponds to a recent high/low, the semafor indicator plots the semafor where the highest high/lowest low occurred for the period.
For example, if over 34 bars the highest high was 1.2345 and then we move forward 1 bar, the new highest high may be 1.2340 over the last 34 bars, but the semafor will be plotted at bar 0!
In the chart above, I have modified the 3 Level ZZ Semafor indicator to plot every bar similar to my dynamic sr indicator.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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- TheRumpledOne
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I just had one of those "why didn't I think of this before" moments!
I loaded up my TRO DYNAMIC FIBS SR 5 times each with a different period and color.
red/blue = 5 periods which is default.
yellow = 34 periods like the 3 level ZZ Semafor
steelblue = 55 periods
orchid = 89 periods
white = 144 periods.
The chart tells the story.
I attached the updated version of TRO DYNAMICS FIBS SR along with a chart template.
- Attachments
-
- tro_dfsr.zip
- (15.31 KiB) Downloaded 974 times
Last edited by TheRumpledOne on Sun Mar 22, 2009 1:58 pm, edited 1 time in total.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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- TheRumpledOne
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- TheRumpledOne
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- razorboy
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Those floating numbers seem to happen in consolidating markets from what I have seen
I have been playing around with things like this for a while. I have also loaded up two sets of the semaphor - on a one hour chart - one to catch the one hour trends and the other set to catch the 4 hour trends - the idea being that when you get a 1 hour signal that is reinforced by a 4 hour signal - it should be an extra strong entry point - a reversal.
Truth be told, I haven't found that to be the case. If price is going to blow thru a level, it is going to blow thru it. I am still doing well with this approach but attempting to capture the higher time frame is not a holy grail.
The other thing I have been trying to do is figure out how to use the semaphore to come up with a break out system, but I dont think it is just a simple as saying if i get stopped out of a trade, then I should just flip around - just cuz you shouldn't be short doesnt mean you should be long..........or does it
Often what happens is that I get a set up - say a 3 on a one hour chart that matches up with a 2 on 4 hour chart - sometimes it pops my ways, but once in a while it doesnt.............loses are part of life
I have been playing around with things like this for a while. I have also loaded up two sets of the semaphor - on a one hour chart - one to catch the one hour trends and the other set to catch the 4 hour trends - the idea being that when you get a 1 hour signal that is reinforced by a 4 hour signal - it should be an extra strong entry point - a reversal.
Truth be told, I haven't found that to be the case. If price is going to blow thru a level, it is going to blow thru it. I am still doing well with this approach but attempting to capture the higher time frame is not a holy grail.
The other thing I have been trying to do is figure out how to use the semaphore to come up with a break out system, but I dont think it is just a simple as saying if i get stopped out of a trade, then I should just flip around - just cuz you shouldn't be short doesnt mean you should be long..........or does it
Often what happens is that I get a set up - say a 3 on a one hour chart that matches up with a 2 on 4 hour chart - sometimes it pops my ways, but once in a while it doesnt.............loses are part of life
TheRumpledOne wrote:
I just had one of those "why didn't I think of this before" moments!
I loaded up my TRO DYNAMIC FIBS SR 5 times each with a different period and color.
red/blue = 5 periods which is default.
yellow = 34 periods like the 3 level ZZ Semafor
steelblue = 55 periods
orchid = 89 periods
white = 144 periods.
The chart tells the story.
I attached the updated version of TRO DYNAMICS FIBS SR along with a chart template.
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Thank you for your support.
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