Page 1 of 2
Trend Lines
Posted: Wed Jan 04, 2012 11:56 pm
by pawelklos
This topic is dedicated to the trend lines. Everyone who likes this tool welcome aboard:)
Soon new posts
Posted: Thu Jan 05, 2012 1:17 am
by MightyOne
The bounce in the circle is off of 25*
While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.
http://i43.tinypic.com/esjbkh.gif
Posted: Thu Jan 05, 2012 9:26 am
by Jalarupa
MightyOne wrote:The bounce in the circle is off of 25*
While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.
http://i43.tinypic.com/esjbkh.gif
My angles aren't the same as yours...
Posted: Thu Jan 05, 2012 1:00 pm
by MightyOne
Jalarupa wrote:MightyOne wrote:The bounce in the circle is off of 25*
While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.
http://i43.tinypic.com/esjbkh.gif
My angles aren't the same as yours...
I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala
Posted: Thu Jan 05, 2012 1:04 pm
by Jalarupa
MightyOne wrote:Jalarupa wrote:MightyOne wrote:The bounce in the circle is off of 25*
While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.
http://i43.tinypic.com/esjbkh.gif
My angles aren't the same as yours...
I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala
my bad!
It was 60* not 45* I was marking up this chart whilst balancing my newborn baby girl on my lap...
Posted: Sun Jan 08, 2012 3:43 am
by Humble
Hey Jal, congratulations. Great start to the new year. You obviously get the angle right sometimes
Posted: Sun Jan 08, 2012 5:10 am
by Jalarupa
Thanks Humble
Posted: Fri Jan 13, 2012 3:56 pm
by MightyOne
Posted: Fri Jan 13, 2012 5:06 pm
by PebbleTrader
For those working with angles in MT4, check out Bredin's tool, it draws the correct angle no matter what the vertical scale is.
Posted: Sat Jan 14, 2012 5:19 pm
by pawelklos
little analysis
S/R - seems to be lagging trend indicator. Price dropped by 2,200 pips before we got the signal from S/R that the trend has changed.
It seems to me that the trend lines are a better tool to check the trend. S / R can be used to enter in order to lower tf but not to check the trend - how do you think?