Alerts are nice using the metatrader app and the notification function.
A quick google:-
http://www.forexfactory.com/showthread.php?t=467593
"The Best of dragon33"
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- Jalarupa
- rank: 1000+ posts
- Posts: 1295
- Joined: Tue Feb 23, 2010 5:50 pm
- Reputation: 320
- Location: South Africa
- Gender:
- Contact:
xXx wrote:I will try to marry Sam Seiden and MO
Here's how easy it is to do this...
Sam Supply Levels

MO Position Sizing

Dragon Style

There is no ONE way or BEST way... only the way YOU create
Sorry bout this but this conversation got me thinking about this video...
https://www.youtube.com/watch?v=jUw4Qh9uFK8
Not for sensitive viewers



-
- rank: 50+ posts
- Posts: 92
- Joined: Thu Jul 05, 2012 9:45 am
- Reputation: 23
- Location: Sydney
- Gender:
Jalarupa wrote:Hi Dan, Kindly clarify what you have discovered so that those who were not privy to the info may benefit...
It's nothing new, in fact Doji goes into the same stuff somewhere in his thread, the moral of the story is you have to be patient and wait.
The 3 means nothing when it first appears and we all know this. He is waiting for confirmation that price has stopped and is showing that its the top or bottom of the move. Once the 3 candle closes, wait and see if price continues to confirm that it's reversing (mid points, rock boxes, zlines, whatever price action you are comfortable with). The important part is waiting, if you enter and price goes against you or past your dragon line , mommo, or whatever just take a small loss and re-enter when it looks right. All those awesome 3,1,1 setups you see when you scroll back your charts is what he's interested in, yes they are hindsight but they did happen and they happened at larger t/f areas of interest guaranteed.
It's all the same, "enter at higher t/f extremes".
What I discovered is I need 10x more patience than what I currently have and having alerts for the area's with the best r/r would stop me trying to make my target pips when they are just not there.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- Jalarupa
- rank: 1000+ posts
- Posts: 1295
- Joined: Tue Feb 23, 2010 5:50 pm
- Reputation: 320
- Location: South Africa
- Gender:
- Contact:
xXx wrote:My first take on Dragon Lines
Any comments?
Should I add any additional lines?
Good assessment, But there are many more... Pay careful note to those at extremes or turning points in the market... As well as those dragons which form Zlines...
Also do the same on a H1 chart and see the results...
Here is a look at the H1 Chart in GU uing the II Dragon'Lines Indicator... TRO also coded one that he added to the motherloads some time back...




Pasaia wrote:Just to continue the conversation ....and continuing on gold, the way i see it, and assuming there´s no changes...
Can anybody teach me to insert clear images, thank you.
- Attachments
-
- pasia.png (129.6 KiB) Viewed 4474 times
1. Big loss, 2. Small Loss, 3. Big Win, 4. Small Win --- just prevent 1.
- Captain Pugwash
- rank: 500+ posts
- Posts: 529
- Joined: Wed Sep 14, 2011 7:59 am
- Reputation: 166
- Location: Insanitary Industries
- Gender:
xXx wrote:My first take on Dragon Lines
Any comments?
Should I add any additional lines?
As well as what Jal saiid, Try not to use the Horizontal line tool - you may not see where stuff originated from (or where you originated stuff from)- although it can be very informative to see the history of the level
Maybe use the trendline tool and keep it horizontal ? - it will draw a line like on Jals chart
Try www.tradingview.com - the charting and tools are VERY nice.
Its just my way - you do what you feel is right
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.