The ideas that I trade by:

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BambinoFlex
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Re: The ideas that I trade by:

Postby BambinoFlex » Thu Dec 30, 2021 7:52 pm

HATR = Hourly Average True Range?
"If you're wrong, guess what...thats TRADING"

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Re: The ideas that I trade by:

Postby BambinoFlex » Thu Dec 30, 2021 8:04 pm

IgazI wrote:This is basically it, there is no reason to read the whole thread:

1. use something to generate an idea.

2. create a rectangle to trade the idea;
maybe a change in price of 1 to 1.25%

3. keep a record of your gains/losses in lines.

Risk a line, 1 line, to make lines.

4. if you're not stacking then you're doing it wrong.


Hmm, I see it. Will try some things this coming year. Gonna play around with the box idea.
"If you're wrong, guess what...thats TRADING"

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Re: The ideas that I trade by:

Postby IgazI » Thu Dec 30, 2021 9:19 pm

BambinoFlex wrote:HATR = Hourly Average True Range?


I believe that is correct.
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Re: The ideas that I trade by:

Postby prochargedmopar » Thu Dec 30, 2021 10:26 pm

IgazI wrote:
BambinoFlex wrote:HATR = Hourly Average True Range?


I believe that is correct.


Set at 32 bars lookback.

Example below AJ is pips per line.
4.68 Hourly.

HATR.JPG
HATR.JPG (28.92 KiB) Viewed 1870 times
#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 prochargedmopar » Fri Dec 31, 2021 1:45 am

Mira wrote:
Mr. Hyde wrote:
MightyOne wrote:
I will just make guesses based on the smaller charts and the MN candle.

I'm going to assume that a red candle is going to: close a red candle, have a body size that is similar to what I have seen in the past, and either be shorter or longer than the prev. candle.

im.png


Hum. Probably reading to much into. But the low of you imaginary candle is right at the daily zline. So probably a downward move for this month or next few weeks and then a return to the uptrend, possibly.


With ya, guys!

9C2420C6-2AB3-4BEF-A78B-1608935E0F7E.jpeg


"Most people make the mistake of trading in the middle" M.O.parphrased
lol

MO15.JPG
MO15.JPG (34.4 KiB) Viewed 1851 times
#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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Mira
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Re: The ideas that I trade by:

Postby Mira » Fri Dec 31, 2021 8:45 am

Man that’s old :lol:
I don’t event know what it is lol

prochargedmopar wrote:
Mira wrote:
Mr. Hyde wrote:
Hum. Probably reading to much into. But the low of you imaginary candle is right at the daily zline. So probably a downward move for this month or next few weeks and then a return to the uptrend, possibly.


With ya, guys!

9C2420C6-2AB3-4BEF-A78B-1608935E0F7E.jpeg


"Most people make the mistake of trading in the middle" M.O.parphrased
lol

MO15.JPG
__________ THE :smt096 IS A LIE__________

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Re: The ideas that I trade by:

Postby IgazI » Fri Dec 31, 2021 6:06 pm

"Trading is placing & trailing* stops"

The 'stop side' of your rectangle is always placed first; an entry is price moving away from a line that it should not cross.

*normalizing risk.

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Re: The ideas that I trade by:

Postby BambinoFlex » Sun Jan 02, 2022 2:24 pm

IgazI wrote:"Trading is placing & trailing* stops"

The 'stop side' of your rectangle is always placed first; an entry is price moving away from a line that it should not cross.

*normalizing risk.


I think another important factor when using lines is knowing/understanding the range. I haven’t tried it yet, but it wasn’t until I understood ranges within an hour, 4hr, daily, and weekly tf that the line trading made more sense
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Re: The ideas that I trade by:

Postby TheRumpledOne » Sat Feb 19, 2022 3:06 am

MightyOne wrote:The ideas that I trade by:

Body in the direction of profit, wick in the direction of loss; if price is closing higher than something
then it is probably not going lower. -MO

S/R is a line that price may cross as long as it is home in time for dinner.-MO

There is only ONE highest high or lowest low & price will move a hundred or hundreds of pips from one (daily+)
extreme to the other (if this is so then what is stopping you from making hundreds of pips?) -MO

A Zero-Line is the idea that if you can see loss then you can see profit. -MO

Anything beyond a scalp and you are waiting for a range expansion (time &/or price); since this is statistical, the
focus must shift from candles to a gamble that price will indeed expand to completion in the desired direction. -MO

In order of importance: SPACE, VALUE, PIPS.
Space contains initial risk, value is position sizing, & a pip is only as valuable as space + value. -MO

Trading is about comparisons, ideas, space manipulation/money management, and taking action. -MO


"Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame (with the obvious limitations explained above)
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist." - H.Rearden


"Price is the same on all time frames" - The Rumpled One (bothered the $#!@ out of me until I finally accepted it)


"Trading is guessing, if it wasn't then why would you need to (limit your risk)" - The Rumpled One


"What would you do if you knew that you could not fail?" Robert H. Schuller


That made me laugh.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Re: The ideas that I trade by:

Postby TheRumpledOne » Sat Feb 19, 2022 3:24 am

Has anyone coded an indicator or spreadsheet to calculate space? I just can't seem to figure it out. I want to code an indicator but I need exact, detailed, specific formulas.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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