yes, you got the chart setting correct. for those of you who are still speculating about the settings of SW here it is:
put this indi on M15 EJ. i hope there'll be no more guessing.
i'm really honored to have you posted several times on this thread. seriously
as it turned out he made a comeback and produce another million. i'll try to find the rest of the untold story from that forum. i'm hoping to find the info. i'll also try to find his trading statement (if i will ever get it since it's freakin' hard to find such confidential info
that being said, please say anything that you see fit to improve/criticize this trading strategy. i know the members will be very delighted if you do
it's totally up to you.
for me personally, after i got 30 pips (or sometimes when the market is smooth on my side i get more) i quit trading, close my trading platform and then do something else lest i have eye problems (and butt too
) in the future.
however, there are times where i don't take the trading signal even though the SW and 3lzz is pointing to the same direction. this is only a trading strategy but we still need to use our brain power to analyze the whole situation (read what the chart is saying to you). therefore, it would be a plus if you have good skills in reading the chart (that's the core foundation of kreslik's entire knowledge
did you get the other signals though? this what appeared on my chart:
the SW is green all the way so you should only take long position.
the first signal (assuming you trade during the U.S. session) provided more than 30 pips (about 100 pips) and the rest of the signals will give you 20 and 30 pips. i don't trade during the U.S. session (i usually quit after 2 hours of the U.S. open). this strategy is the no greedy strategy meaning if you already get your daily target of 20 pips or 30 pips then you should stop your trading and close the trading platform (go out and do something else in life). that's the design of this strategy. it's balanced life. however, you can still go for other trading signals. normally you will get a positive result everyday.
3lzz that i see now is a hindsight chart so for sure you will money when you enter there. the way i see those signal (that i put up above) you probably entered around the 2nd last signal. it is possible that you got wiped out there before it reached the bottom (2nd sema). but that too, i only see 1 chance for a fake signal. because the stable sema formed after that fake signal.
regarding the s/d alert... i don't know if you already have this one but i think bredin coded such indicator over at II. here's the link:
that indi also has sound alert. more power to your trading strategy!
i'm honored to have you on this thread. this trading strategy got to this point because of the views and ideas from super traders such as you
it would be a great pleasure if you can improve/criticize anything regarding this strategy. it's shin kaizen afterall
now... how many pips you guys banked up until this very minute?
don't forget to spread the word...
The gap between reality and dream is called action.