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- Terturk replied Aug 23, 2009
Cool chart — How did you do such a cool chart showing the correlation? What platform are you using? Terry
- Terturk replied Dec 29, 2008
The GBP example — Hi Howard You have got it right. Of course this arrow was the 5th consecutive close of the %b at the extreme (counter to the main trend). I took the two previous trades on the 3rd and 4th consecutive closes as well, which ...
- Terturk replied Dec 29, 2008
Extreme on the %b — Thanks for the question Howard. The extremes on the %b are 0.80 and 0.20 The %b indicator is simply a study of the position of price in relation to the bollinger bands. The gap between the upper and lower band is 1.0. So ...
- Terturk replied Dec 28, 2008
GBPUSD Example — ,A picture is worth a 1000 words. I have attached a chart of recent GBP trades to illustrate the process of typical trades and the mindset needed for this type of swing trading. The arrows are the entries and the 'x's are the ...
- Terturk replied Dec 28, 2008
%b Indicator Now a Histogram — Thanks Razzle. I have adjusted the indicator from a line to a histogram and posted above, also changed the template. Much easier to see for this system. I am a newbie with this Metatrader code stuff. Terry
- Terturk replied Dec 28, 2008
Entry Criteria — Okehiedon your question "I have posted a daily chart of Eur Jpy , as we can see the %B closed above 80 for the first two days as indicated by the black lines but on the third day it dropped below 80. Now does that mean that it ...
- Terturk replied Dec 28, 2008
Timeframe — I am an EOD trader, so I am using daily charts. Terry
- Terturk replied Dec 27, 2008
Useful files — If you have trouble finding the %b indicator also a possible template for Metatrader. I have attached. Remember to set the time-frame to 'Daily' I prefer to use Accucharts or Prorealtime as they don't have the problem of the ...
- Terturk replied Dec 27, 2008
Trading system rules — I had trouble attaching the word document with the trading system rules. So I will post the rules directly Obviously you trade this at your own risk, Losses will occur, that is part of trading. Terry Chart Setup ...
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