You clearly are not listening...
Well seeing as you are here... We may as well continue...
P&F charts suck, don't use them...
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I don't use PnF either, I heard they suck.
What is even more humorous is that there are traders that are actually filling them out manually
I trade using data visualization->SR,SD,Stats,HiLo, everything else I ignore...
To be fair, I will give it a fair chance.
Absorb if useful -> Discard if not ------ > Fill in the blanks with what is creatively my own...
What is even more humorous is that there are traders that are actually filling them out manually
I trade using data visualization->SR,SD,Stats,HiLo, everything else I ignore...
To be fair, I will give it a fair chance.
Absorb if useful -> Discard if not ------ > Fill in the blanks with what is creatively my own...
Life is just a journey
- PebbleTrader
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- PebbleTrader
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I'm thinking:
1->2->3->4->5 ........ 5->4->3->-2->1
So starting out you would have all 1's, then the levels build (2, 3, 4, 5)
At 5 we would allow so many 5's to be hit
Then the older levels start to decay.
A new 5 is hit -> oldest level 5, now becomes a 4.
A new 5 is hit -> next oldest level 5, now becomes a 4. The previous decay of 4 now becomes a 3.
It's creating a "fade out effect".
1->2->3->4->5 ........ 5->4->3->-2->1
So starting out you would have all 1's, then the levels build (2, 3, 4, 5)
At 5 we would allow so many 5's to be hit
Then the older levels start to decay.
A new 5 is hit -> oldest level 5, now becomes a 4.
A new 5 is hit -> next oldest level 5, now becomes a 4. The previous decay of 4 now becomes a 3.
It's creating a "fade out effect".
Last edited by PebbleTrader on Tue Sep 20, 2011 9:32 pm, edited 1 time in total.
Life is just a journey
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