The ideas that I trade by:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Mon Mar 07, 2016 11:01 pm

MightyOne wrote: If you lose a few macros then so what? Do you cry when you lose 2 pips? Of course not!


I have.
;-)
#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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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 08, 2016 5:12 am

v8power wrote:
I like how you put the boxes on the chart. Reminds me of Renko.


It is basically a 2 box reversal P&F drawn as a 1 box reversal in Renko form.

Instead of each X being a single price, the top of the X is one price and the bottom of the X is another.

EURJPYecnM15.png
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1_BOX_P&F.png
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 08, 2016 8:04 pm

Do you remember this chart?

Now you know why people like to say that I draw lines after the fact.

15* angles are so magical that it blows the mind...

USDCADecnM15.png
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v8power
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Re: The ideas that I trade by:

Postby v8power » Tue Mar 08, 2016 8:42 pm

MightyOne wrote:Do you remember this chart?

Now you know why people like to say that I draw lines after the fact.

15* angles are so magical that it blows the mind...

USDCADecnM15.png



Haha, of course this is posted as I am typing out my reply saying how much angles are amazing.

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Re: The ideas that I trade by:

Postby MightyOne » Wed Mar 09, 2016 6:36 am

I have been working on mentally converting decimal numbers to octal.

Figuring out the macros (eights) is easy, moving on to find the octal number can take a bit of memory.

Maybe a future MM template will use octal numbers, but for now I am really only interested in eights.

[512][64][8][8th]

.875 = 07
.750 = 06
.625 = 05
.500 = 04
.375 = 03
.250 = 02
.125 = 01

Convert 1275 decimal to octal.

Divide 1275 by 2 three times:
637.5
318.75
159.375 eights

Write the number of 8ths that = the decimal value: [3] (.375 is 3)

Now how many sixty-fours in 159 eights?
Divide 159 by 2 three times:
79.5
39.75
19.875 sixty-fours

Write the number of 8ths that = the decimal value: [7][3] (.875 is 7)

Frome here it is easy to solve: 19 = 2x8+3 or 23
for octal [2][3][7][3], but lets continue...

Now how many five-hundred & twelves in 19 sixty-fours?

9.5
4.75
2.375 five-hundred and twelves.

Write the number of 8ths that = the decimal value: [3][7][3] and then
add the number of 512: [2][3][7][3], 02373.

0[2*512][3*64][7*8][3/8]

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More fun with numbers

Postby MightyOne » Wed Mar 09, 2016 8:05 pm

I thought that it might be difficult, but dozens are also pretty easy.

You use the same method as the eights, keep writing the remainder as integers from right to left until you
get the answer.

Dozenal.png
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Fun with numbers.

Postby MightyOne » Thu Mar 10, 2016 4:19 am


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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 10, 2016 10:37 am

Pennants...

EURUSDecnH1.png
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Re: The ideas that I trade by:

Postby prochargedmopar » Thu Mar 10, 2016 5:28 pm

I'm guessing 15 degree angles are an estimate?

AngleOfDangle.png
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#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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Re: The ideas that I trade by:

Postby MightyOne » Thu Mar 10, 2016 6:52 pm

prochargedmopar wrote:I'm guessing 15 degree angles are an estimate?

AngleOfDangle.png


1) both of those angles are not 15 degrees.
2) no, one cannot know the exact angle, but 15* will always be closer to the channels speed than any other angle.

The angles stay at 15 degrees regardless of horizontal compression; the only requirement is that a chart runs from
the top to the bottom 90% of your chart at the time that they are drawn and that the chart is scale-fixed moving forward.
Last edited by MightyOne on Thu Mar 10, 2016 7:28 pm, edited 1 time in total.

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