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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... :cry:

Image

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... :cry:

Image


I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala :lol:

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... :cry:

Image


I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala :lol:


:lol: my bad! :shock:

It was 60* not 45* I was marking up this chart whilst balancing my newborn baby girl on my lap... :oops:

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

Image


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?