PowerX Strategy "PowerZ"

[IgazI]

Well put, Satellite, aerial, and ground. Also coincides with our perception. The higher you go, the slower things seem.


So far, I’m only comfortable with the daily being my smallest, “largest” chart. I don’t sit much in front of a computer and when I tried using the 4hr as my large chart, my winrate took a big hit. Just felt like I was working harder for the same profits or I would make my average and then lose it. Back to the daily+ for me. Hourly entry preferred.

Do you know how many decades I have wished upon a star to hear someone say that

Do you have a thread where you post your thoughts?

[BambinoFlex]

Well put, Satellite, aerial, and ground. Also coincides with our perception. The higher you go, the slower things seem.


So far, I’m only comfortable with the daily being my smallest, “largest” chart. I don’t sit much in front of a computer and when I tried using the 4hr as my large chart, my winrate took a big hit. Just felt like I was working harder for the same profits or I would make my average and then lose it. Back to the daily+ for me. Hourly entry preferred.

Do you know how many decades I have wished upon a star to hear someone say that

Do you have a thread where you post your thoughts?

I had a Pivot Thread, pretty much my first few posts show everything I use as a big picture idea. Currently just chatting with Kiwi on Discord, messaging is a lot easier for me to do while I’m at work

I’ll probably start posting more, especially when my wife is off during the summer

[IgazI]

There is not really a big difference between plotting an MA using the O, H, L, or C, but I think that I prefer the low over the other options;
I think that it is more in line with the idea that markets are slow to rise but fast to fall.

As a general rule, I don't use anything that I wouldn't plot by hand.

21 period MA of the low:

on_the_lo_lo.png (107.11 KiB) Viewed 966 times

[IgazI]

yahoo!finance has a nice selection of free exotic charts;
would I pay 20-30 bucks per month? not a chance

yahFi.jpg (81.66 KiB) Viewed 942 times

[IgazI]

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LINK

[kiwiarian]

Hey, just a question about "bodies lead the way" that is everyone's favorite statement on here, was there a formula for it?
The reason I am asking is I was looking at the water horse method MO mentioned and for his candles he states :

"First we must define what a bullish and" bearish candle are:
Bullish: closes beyond the mid way-point between the open and the high.
Bearish: closes beyond the mid way-point between the open and the low."

Are they the same thing? as this looks like the bodies lead the way here when I look at a chart with this formula.

[IgazI]

Hey, just a question about "bodies lead the way" that is everyone's favorite statement on here, was there a formula for it?
The reason I am asking is I was looking at the water horse method MO mentioned and for his candles he states :

"First we must define what a bullish and" bearish candle are:
Bullish: closes beyond the mid way-point between the open and the high.
Bearish: closes beyond the mid way-point between the open and the low."

Are they the same thing? as this looks like the bodies lead the way here when I look at a chart with this formula.

Oh jeez, Rick, Water-horse?

I think that you are referring to the thing that eventually became the 'Trend-setter' indicator;

if that is the case, then the close of a Trend-setter candle occurs whenever there are two green or red candle closes in a row;
previous TS close = TS open.

The idea was to remove the up+down and down+up candle pairs to show a clear trend.

There can be no LL while price is above the midpoint of the previous range, and that is why it is/was considered to be bullish.

[IgazI]

On the 13th we saw that there was no meaningful change in the inflation expectations, so the CPI report was essentially turned into an entry playbook; only retail was seriously concerned

The gross level of manipulation that these people are allowed to get away with is truly sickening.

so_many_games.png (120.3 KiB) Viewed 759 times

[kiwiarian]

Hey, just a question about "bodies lead the way" that is everyone's favorite statement on here, was there a formula for it?
The reason I am asking is I was looking at the water horse method MO mentioned and for his candles he states :

"First we must define what a bullish and" bearish candle are:
Bullish: closes beyond the mid way-point between the open and the high.
Bearish: closes beyond the mid way-point between the open and the low."

Are they the same thing? as this looks like the bodies lead the way here when I look at a chart with this formula.

Oh jeez, Rick, Water-horse?

I think that you are referring to the thing that eventually became the 'Trend-setter' indicator;

if that is the case, then the close of a Trend-setter candle occurs whenever there are two green or red candle closes in a row;
previous TS close = TS open.

The idea was to remove the up+down and down+up candle pairs to show a clear trend.

There can be no LL while price is above the midpoint of the previous range, and that is why it is/was considered to be bullish.

Yes thats the one thanks, I did not know about the trend-setter indicator, will check it out. But yes, I would consider them as strong bullish candles.

[kiwiarian]

Hey, just a question about "bodies lead the way" that is everyone's favorite statement on here, was there a formula for it?
The reason I am asking is I was looking at the water horse method MO mentioned and for his candles he states :

"First we must define what a bullish and" bearish candle are:
Bullish: closes beyond the mid way-point between the open and the high.
Bearish: closes beyond the mid way-point between the open and the low."

Are they the same thing? as this looks like the bodies lead the way here when I look at a chart with this formula.

Oh jeez, Rick, Water-horse?

I think that you are referring to the thing that eventually became the 'Trend-setter' indicator;

if that is the case, then the close of a Trend-setter candle occurs whenever there are two green or red candle closes in a row;
previous TS close = TS open.

The idea was to remove the up+down and down+up candle pairs to show a clear trend.

There can be no LL while price is above the midpoint of the previous range, and that is why it is/was considered to be bullish.

Yes thats the one thanks, I did not know about the trend-setter indicator, will check it out. But yes, I would consider them as strong bullish candles.

Oh Crikey, I never read any of MO's (sword of management) old posts on babypips, where he talks about space, 3xcc and trend-setter.
https://forums.babypips.com/t/trend-set ... r/42228/23