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zhaozilong
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Postby zhaozilong » Thu Oct 13, 2011 2:20 pm

Relativity wrote:Good. You really tried your best. Being honest is so important as a trader. Now I can tell you what I see.

There is nothing left to my indicator at its very core, other than drawing waves of price movement. It can be messy at first. But the point of it being 'messy' is that I want to see waves from multiple timeframes on 1 single chart. This way, I get a way better picture of what the market really wants to do.

Here you go :


Hello Relativity,

many thanks, will look into it at carefully. I must admit i am lost regarding some of the acronyms like FB, and those digits (1,2,3,4) underneath each of the candles.

best regards.

-zhao

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Relativity
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Postby Relativity » Thu Oct 13, 2011 2:28 pm

Hey Zhao, its cool. The words are there since I found myself trading better when I see both pictures and words.

FB = Flying Buddha. Its a EMA system from the PipEasy thread at ForexFactory.

zhaozilong
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Postby zhaozilong » Thu Oct 13, 2011 2:35 pm

Relativity wrote:Hey Zhao, its cool. The words are there since I found myself trading better when I see both pictures and words.

FB = Flying Buddha. Its a EMA system from the PipEasy thread at ForexFactory.


Hello Relativity,

thanks, it is good to see you finding your system and for sharing. a question, what are those 3 parallel lines, there are a few of those. From different time frames i think, but what are they used for? do i need to load other indicators, my screen doesnt looks like your pictures.

best regards.

-zhao

Relativity
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Postby Relativity » Thu Oct 13, 2011 2:52 pm

zhaozilong wrote:what are those 3 parallel lines, there are a few of those. From different time frames i think, but what are they used for?

Support and Resistance zones marked off recent price extremes of waves. And yes from various timeframes. Just use them like plain old Support and Resistance.

zhaozilong wrote:do i need to load other indicators, my screen doesnt looks like your pictures.

Nope, you don't need the rest really.
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Last edited by Relativity on Thu Oct 13, 2011 2:54 pm, edited 1 time in total.

lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 2:52 pm

Relativity wrote:Hey Zhao, its cool. The words are there since I found myself trading better when I see both pictures and words.

FB = Flying Buddha. Its a EMA system from the PipEasy thread at ForexFactory.



Hi rel,
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zhaozilong
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Postby zhaozilong » Thu Oct 13, 2011 2:57 pm

Relativity wrote:
zhaozilong wrote:what are those 3 parallel lines, there are a few of those. From different time frames i think, but what are they used for?

Support and Resistance zones marked off recent price extremes of waves. And yes from various timeframes. Just use them like plain old Support and Resistance.

zhaozilong wrote:do i need to load other indicators, my screen doesnt looks like your pictures.

Nope, you don't need the rest really.


Hello Relativity,

many thanks, is there a difference between topslanted and bottomslanted ?
those solid thicker lines are zigzag from the various time frames right?

best regards.

-zhao

Relativity
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Postby Relativity » Thu Oct 13, 2011 2:59 pm

Yup. You got it.

Change the TAD_LongORshort to true

True = decided to Long
False = decided to Short

Then just wait.

Relativity
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Postby Relativity » Thu Oct 13, 2011 3:03 pm

zhaozilong wrote:many thanks, is there a difference between topslanted and bottomslanted ?

No difference between each other. The only difference is to read how price is reacting to them on an overall scale, then you should see something.

zhaozilong wrote:those solid thicker lines are zigzag from the various time frames right?

Yes. Thicker = higher timeframe

lazygeorge
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Postby lazygeorge » Thu Oct 13, 2011 3:03 pm

Relativity wrote:Yup. You got it.

Change the TAD_LongORshort to true

True = decided to Long
False = decided to Short

Then just wait.



These lines move around frequently :lol:

red lines moved since i posted previously
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Relativity
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Postby Relativity » Thu Oct 13, 2011 3:07 pm

Yes. This is due to the calculations of the waves + new candles forming. The higher timeframe lines don't move too frequently thou.

So far I found this to be actually a blessing; reminding me that the market is always changing and evolving. LOL!

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