Yes I'm familiar with the work of Hurst although some of it above my pay grade. There is a thread on FF dominated by parisboy who seems to have taken it to another level, but the majority of his stuff is way above my pay grade.

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I feel a certain affinity with Ced cos I'm 76 and he's in his 80's I believe, but moreso cos like me he's a renko man. Out of respect for the thread owner I don't show renko charts in here as it's HA based although it's perfectly possible to overlay ...

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Picking up on Ced's idea, here's a chart with a couple of TMA's thrown on - note when the inner TMA comes outside of the outer TMA. Bear in mind that TMA's also repaint/recalculate. image

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Ced74 has shown / hinted at a number of different way to use the indicator and filters Looks like Ced has added a couple of TMA's to the chart.

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[quote=cpfleger;14626165]Gents, For Conversation Purposes... Now, I attach a Bitcoin M1 TF Chart with our latest SR Indicator V3.2 attached to the Chart. 1 Indicator and minimum trading Rules - 1) Stop Loss Line (double red Arrow) 2) SR Line changes ...

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These hindsight charts can be very misleading. Some may find it helpful to use Ronin's ZigZag5 indicator which shows all the places the zigzag has been. This will give you a clearer indication and refection as to what the state of play was at that ...

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image

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Wow guys we're honoured to have a high impact member like Ced74 dropping in here.

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You need to be a highly experienced trader to achieve 80% success rate.

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20 SMA - very Oliver Velez. That will please cpfl lol.

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just out of interest, is it intentional that the S&R and S&R Helper have different rather than same settings?

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Brixen very different looking Italian National team under this new manager.

DAX Futures December 2023

Why not simply make the wicks thicker or shade the area instead of having lines.

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Have you made any changes to the parameters in the indicators?

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Ronin - slightly off topic and just for my education, what does T3 signify or in other words what's the difference between Indicator X and Indicator X T3. Thanks.

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Well rightly or wrongly this is what my new M5 template looks like

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Guess it's probably curve fitted to what he's trading.

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As stated by C the indicator is just a tool can not be blindly followed Yes the clue is in the word i.e. indicate. Nearly all indicators are in effect a derivative of price and therefore they lag (follow) not lead. Good that Ronin re-emphasised this ...

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I've clearly missed something here. Can somebody kindly explain the significance of the multi coloured bold S&R lines. Thank you.

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34 6 2 are very unusual settings for stochastics but hey it is what it is.

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