The ideas that I trade by:

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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Fri Sep 23, 2016 11:45 am

TheCrumpledOne wrote:2) Clarification: "Weekly median range" here means the current week's range? or is it the last week range? or the average of weekly bars for the past month?

Clarification:
Average is the sum of a list of numbers divided by the number of numbers in the list.
Median is the value separating the higher half of a data from the lower half.

In Eights we use:
MightyOne wrote:The weekly range is the 4th smallest range of the last 6 weeks

or median from 3 weeks after we remove 2 smallest and 1 biggest of the last 6 weeks :).

TheCrumpledOne wrote:I looked at both our M5 chart and noticed that the numbering is different, e.g. your daily open is at line 09, and my daily open line is between 12 and 15, what settings should be used on my EIGHTS indicator? (see picture 5)

Added Version 13a with new MightyOne code: HERE
Last edited by salezyakuku on Fri Sep 23, 2016 6:46 pm, edited 1 time in total.
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TheCrumpledOne
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Re: The ideas that I trade by:

Postby TheCrumpledOne » Fri Sep 23, 2016 2:37 pm

Hello salezyakuku,

appreciate your contributions. :)

and thank you for your clarifications.
so, if below are the weekly pips from high to low:

Week 1: 200pips
Week 2: 250pips
Week 3: 320pips
Week 4: 350pips
Week 5: 400pips
Week 6: 500pips

4th smallest range is 350pips, and that is my weekly median range.

And for your example, after we remove 2 smallest (Week 1 & Week 2 above) and 1 biggest (Week 6), we are left with:

Week 3: 320pips
Week 4: 350pips
Week 5: 400pips

So, it is the average of these 3 (320+350+400 divide by 3= 356 pips) or take the middle value (350pips)?

thank you, I've downloaded and applied the latest version 13a (see picture)

thanks salezyakuku.png
thanks salezyakuku.png (46.57 KiB) Viewed 1153 times


I can see the comments is very similar (see pic below). that's good. I will give more replies soon. Thanks again.

EN EIGHTS indicator setup.png
EN EIGHTS indicator setup.png (41.89 KiB) Viewed 1153 times

salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Fri Sep 23, 2016 2:46 pm

TheCrumpledOne wrote:Hello salezyakuku,

appreciate your contributions. :)

and thank you for your clarifications.
so, if below are the weekly pips from high to low:

Week 1: 200pips
Week 2: 250pips
Week 3: 320pips
Week 4: 350pips
Week 5: 400pips
Week 6: 500pips

4th smallest range is 350pips, and that is my weekly median range.

And for your example, after we remove 2 smallest (Week 1 & Week 2 above) and 1 biggest (Week 6), we are left with:

Week 3: 320pips
Week 4: 350pips
Week 5: 400pips

So, it is the average of these 3 (320+350+400 divide by 3= 356 pips) or take the middle value (350pips)?

thank you, I've downloaded and applied the latest version 13a (see picture)

thanks salezyakuku.png

I can see the comments is very similar (see pic below). that's good. I will give more replies soon. Thanks again.

EN EIGHTS indicator setup.png

The weekly range is the 4th smallest range of the last 6 weeks = median from 3 weeks after we remove 2 smallest and 1 biggest of the last 6 weeks.
350pips is correct value (median). It is calculated in Eights indi (Range in comments).
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri Sep 23, 2016 5:47 pm

TheCrumpledOne

) The current candles "close" is the current price.

) Risk is always a dollar amount.
If your lines are 1.2% apart and your entry is 1/3 size then your space triples (3.6%).
Push the button again and your space is 1/2 of 3.6 (1.8%)
Push the button a third time and your space is 2/3 of 1.8% (1.2%)

So, when you scale in, you are basically entering on an H4, dropping to an M5, and then landing on an M1.
Look at it as the importance that price goes up now rather than a little later.

Once you reach 3/3 then you lose very little space moving from 3 to 4 to 5 to 6, 6 to 8 to 10 to 12, etc.

) "two-wide" is a distance of two lines...it makes more sense if you are looking at one of these 2 line reversal charts:
It's a bit messy because I wasn't planning on posting it :lol: |-6 -7 -8|is the area that I marked on the bar chart.

How did I select the area? It is simply the two areas above the low of -9.
-9 to -7 is the reversal from the low and you have as high as -6 to go long.
There was a breakout at -5 and price went as high as -4 so our new entry area is |-5 -6 -7|.

You can use the same method for adding size or you can use the breakout.

USDJPY_M5_1p2%_KAGI.png


) Trust the bias.
If you are experienced and you see something different then do something different.

) "Something" is anything.
The important part is that you use it once you define it.

The only thing that is "wrong" is moving your "something" up and down in a small area while trying to interpret "above" and "below";
If your something is the daily open and you move the line to the low pivot breakout then only move the line down for the rest of the day.

) Did I miss something?
If you needed a hammer then you would reach for it without thinking & if you didn't need it then you wouldn't even think about the tool; the same with technical analysis.

USDJPYM5.png
USDJPYM5.png (77.33 KiB) Viewed 1170 times

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Fri Sep 30, 2016 11:36 pm

I read this over and over and still DO NOT GET IT! My brain hurts.

Maybe it is like one of those pictures where only some people can see "it".
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: The ideas that I trade by:

Postby John S. » Fri Sep 30, 2016 11:53 pm

TheRumpledOne wrote:I read this over and over and still DO NOT GET IT! My brain hurts.

Maybe it is like one of those pictures where only some people can see "it".


I'd comment, but I've already been threatened multiple times with being banned if I say anything in this thread that is in the least way considered being in disagreement with the thread author, so I won't......even though TRO is doing so here and does so on a fairly regular basis. LMAO :lol:

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Sat Oct 01, 2016 4:19 am

John S. wrote:
TheRumpledOne wrote:I read this over and over and still DO NOT GET IT! My brain hurts.

Maybe it is like one of those pictures where only some people can see "it".


I'd comment, but I've already been threatened multiple times with being banned if I say anything in this thread that is in the least way considered being in disagreement with the thread author, so I won't......even though TRO is doing so here and does so on a fairly regular basis. LMAO :lol:


TRO stated that he could not see IT.
TRO did not say what the author says is not true.
TRO did not say others could not see IT.
OR that the IDEAS being presented here were invalid just because he could not understand some or most of them.

Plenty of room on bidchpips and fluckdfactory for a John S.
Or are you banned already? lol

BTW, this IS TROs site and home.
Good luck stepping on his toes. ;-)
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Re: The ideas that I trade by:

Postby aliassmith » Sat Oct 01, 2016 3:43 pm

John S. wrote:
TheRumpledOne wrote:I read this over and over and still DO NOT GET IT! My brain hurts.

Maybe it is like one of those pictures where only some people can see "it".


I'd comment, but I've already been threatened multiple times with being banned if I say anything in this thread that is in the least way considered being in disagreement with the thread author, so I won't......even though TRO is doing so here and does so on a fairly regular basis. LMAO :lol:


I don't think anyone would disapprove of constructive comments. But I am sure everyone disapproves of being a troll.
Trade Your Way as Long as It Makes Money!

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Postby MightyOne » Sat Oct 01, 2016 4:36 pm

I don't know what "it" is.

1) Pick ONE THING that you don't understand.
2) Explain what "it" is.
3) Accept the answer or go find your own.

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Sun Oct 02, 2016 1:08 am

prochargedmopar wrote:
John S. wrote:
TheRumpledOne wrote:I read this over and over and still DO NOT GET IT! My brain hurts.

Maybe it is like one of those pictures where only some people can see "it".


I'd comment, but I've already been threatened multiple times with being banned if I say anything in this thread that is in the least way considered being in disagreement with the thread author, so I won't......even though TRO is doing so here and does so on a fairly regular basis. LMAO :lol:


TRO stated that he could not see IT.
TRO did not say what the author says is not true.
TRO did not say others could not see IT.
OR that the IDEAS being presented here were invalid just because he could not understand some or most of them.

Plenty of room on bidchpips and fluckdfactory for a John S.
Or are you banned already? lol

BTW, this IS TROs site and home.
Good luck stepping on his toes. ;-)


Actually, this site is Michal Kreslik's site which he started for me to have a place to post freely.

John S., focus on contributing rather than bashing. Start a thread where you share your ideas, teach your lessons, post your code, etc. Do NOT piss in someone else's yard. That is what will get you banned.

I know MO is onto something. I just have to keep at it until I get it. And if/when I do, maybe I can add to it for the benefit of all.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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