The Ultimate Indicator
Posted: Fri Mar 20, 2009 4:46 am
TRO,
I have found a way to clean up my charts but would like your help.
It's called the
"TRO_DYN_Semafor_SR" (first choice)
or TRO_DYN_Semafor_Pivots
or TRO_3clipz_Pro_dots, <<<LOL
Here's why.
When trying to use your dyn fibs sr basic edition I would try to go long on a breakout and have price turn against me.
When trying to go short from the new resistance dots I'd have price sail back into orbit.
I feel this is because I was NOT trading with/away from major pivot points.
Your new Dyn BZ and Fibs_Trail are good but they are basicallly the same thing as the old stuff but with a trigger line added.
I would have to use the Semafor's with those or I'd be back to where I started.
Would you be able to combine the two indicators?
Instead of having big dots and little dots just use a color code.
Brown =1's
Purple=2's and
Yellow =3's.
With 3 indicators total this would allow me to trade a 15m chart ONLY. And keep it CLEAN.
candle_m_candle_m tro modified
H1 MP SEMAFOR meter showing my 5 pairs 60m timeframe
and the new "ultimate indicator" stated above.
Think about it.
You'd never have to open a h1 chart. MP meter would tell you when you've got 1,2, or 3 on the H1's and if it was new high or low.
Candles_m and the 15m chart would allow you to combine pattern information to use "The Mighty Zone". This would provide the setups for double size engulfing patterns so that you could take the reversals after the push is exhausted on the yellow dots (#3 sema's).
"TRO dyn semafor SR" would give you the ability to see if your pushing Through a pivot or retracing back toward it for another push. You know how the dots just move up/down on each candle with the dyn fibs sr. You'd be able to look back and see where the sema dot actually started to paint.
What do you think?
Clean chart and All the info you'd need to use 3clipz3, MightyOne, and your NLA meter all rolled into one. May even want to add an option to be able to turn on/off the go long and go short trigger dots that are in your TRAIL indi.
I would prefer not to have them as it starts looking kinda crazy with all those dots.
Oh yeah, SP_openline could be added to do BZ trades at the begining of the hr or just use the Candle_m starting point. I prefer the price box to make my 4 pip calculation.......
Guess that would be 4 indi's total.
Thanks for the great Trading/Chat room.
Procharged
This chart could be cleaned up extensively but really this looks like a whiteboard compared to some of my previous setups.
I have found a way to clean up my charts but would like your help.
It's called the
"TRO_DYN_Semafor_SR" (first choice)
or TRO_DYN_Semafor_Pivots
or TRO_3clipz_Pro_dots, <<<LOL
Here's why.
When trying to use your dyn fibs sr basic edition I would try to go long on a breakout and have price turn against me.
When trying to go short from the new resistance dots I'd have price sail back into orbit.
I feel this is because I was NOT trading with/away from major pivot points.
Your new Dyn BZ and Fibs_Trail are good but they are basicallly the same thing as the old stuff but with a trigger line added.
I would have to use the Semafor's with those or I'd be back to where I started.
Would you be able to combine the two indicators?
Instead of having big dots and little dots just use a color code.
Brown =1's
Purple=2's and
Yellow =3's.
With 3 indicators total this would allow me to trade a 15m chart ONLY. And keep it CLEAN.
candle_m_candle_m tro modified
H1 MP SEMAFOR meter showing my 5 pairs 60m timeframe
and the new "ultimate indicator" stated above.
Think about it.
You'd never have to open a h1 chart. MP meter would tell you when you've got 1,2, or 3 on the H1's and if it was new high or low.
Candles_m and the 15m chart would allow you to combine pattern information to use "The Mighty Zone". This would provide the setups for double size engulfing patterns so that you could take the reversals after the push is exhausted on the yellow dots (#3 sema's).
"TRO dyn semafor SR" would give you the ability to see if your pushing Through a pivot or retracing back toward it for another push. You know how the dots just move up/down on each candle with the dyn fibs sr. You'd be able to look back and see where the sema dot actually started to paint.
What do you think?
Clean chart and All the info you'd need to use 3clipz3, MightyOne, and your NLA meter all rolled into one. May even want to add an option to be able to turn on/off the go long and go short trigger dots that are in your TRAIL indi.
I would prefer not to have them as it starts looking kinda crazy with all those dots.
Oh yeah, SP_openline could be added to do BZ trades at the begining of the hr or just use the Candle_m starting point. I prefer the price box to make my 4 pip calculation.......
Guess that would be 4 indi's total.
Thanks for the great Trading/Chat room.
Procharged
This chart could be cleaned up extensively but really this looks like a whiteboard compared to some of my previous setups.