PA, S/R, ZL, EXTREMES & MOMO

Jalarupa · Post by **Jalarupa** » Thu Sep 15, 2011 7:21 am

Is it just me or does your data look very similar to my data?

Will have to have s closer look when I get back to the office...

PebbleTrader · Post by **PebbleTrader** » Thu Sep 15, 2011 7:32 am

I just compared mine with yours and there is definitely a difference. Overall it captures the same "shape" though.

Could it be that your data feed is that much different or the indi is not correct?

The only way to find out is to plot one out manually and compare it against your indi with the SAME DATA!

I have included the breaches in mine so I can tell if the indi is using breaches or not...

But the breaches also gave me an idea :idea:

adaseb · Post by **adaseb** » Thu Sep 15, 2011 7:59 am

I really don't get it how you guys can read any of these P&F charts and trade off them.

But if you want P&F charts with raw tick data then download Ninjatrader 7, get a free demo account at Mirus Futures or AMPED futures and plot P&F on that.

PebbleTrader · Post by **PebbleTrader** » Thu Sep 15, 2011 8:08 am

Think about it for 5 minutes and then present your top ideas to us

PebbleTrader · Post by **PebbleTrader** » Thu Sep 15, 2011 8:10 am

"But if you want P&F charts with raw tick data then download Ninjatrader 7, get a free demo account at Mirus Futures or AMPED futures and plot P&F on that."

Thanks for the suggestion!

Jalarupa · Post by **Jalarupa** » Thu Sep 15, 2011 8:11 am

Stop hunting...

Thanks for the help adaseb will look into a demo of the ninja trader.

PebbleTrader · Post by **PebbleTrader** » Thu Sep 15, 2011 8:13 am

"I really don't get it how you guys can read any of these P&F charts and trade off them."

Not trading off of it. It's just a new "tool" in my "toolbox" that helps me build

adaseb · Post by **adaseb** » Thu Sep 15, 2011 8:24 am

Instead of currencies try these P&F plots on either Gold (GL) or Crude Oil (CL)

Those tend to respect S/R more.

dchappy · Post by **dchappy** » Thu Sep 15, 2011 8:54 am

PebbleTrader wrote:"I really don't get it how you guys can read any of these P&F charts and trade off them."

Not trading off of it. It's just a new "tool" in my "toolbox" that helps me build

Do you find an advantage on P&F charts , over renko or range charts ??

Which also do not use Time in thier make-up ?

PebbleTrader · Post by **PebbleTrader** » Thu Sep 15, 2011 9:32 am

Until MO started posting them, I had always purposely ignored anything that removed time. (It always amazes me how hard minds can be to unlock)

I only know of a brief overview of the alternatives, but hopefully some of the other guys can chime in...