Lucky we stayed out. The 20 SMA also worked.................... Still waiting

Tease Me more @cpfleger

If we zoom out further you will see that the current SR Direction Line is a LL based on the lower Donchian Channel it is touching. Note the SR Lines that do not touch the Donchian Channel high or low; tend to be pull backs and impulses. It could be ...

Tease Me more @cpfleger

Me too on EURUSD. Note this is potentially a pullback in the larger up trend. In order to be classed as down trend, price would need to be below the last uptrend SR Direction line

Tease Me more @cpfleger

Testing has shown: 1) HH and LL repaint significantly more than HL and LH. So trade with caution. 2) The closer the 20 SMA is to the SR Line, usually within 3 pips, the better the trade entry point. Wait for price to close / open above / below, 20 ...

Tease Me more @cpfleger

In essence yes trying to follow the cycles within the markets. Looking for 2nd impulse onwards.

Tease Me more @cpfleger

The idea was to find the half way point of total price movement in a day from high to low. Therefore we use the high and low of the day. As we are unable to predict the half way point, I used the average of the daily range for the last 10 days and ...

DHR - Daily Half Range Strategy

Good observation. This will not make a difference as the indicator file is the master. Only the indicator is added to the chart.

Tease Me more @cpfleger

Excellent! Are reviewers seeing the wood for the trees yet? Where are the higher probability trade entry point(s)? What is the issue with HH and LL?

Tease Me more @cpfleger

Look under the paperclip download the SR Directions indicator AND the SR Helper file. Place both files in indicator folder. Add SR Direction Indicator to chart.

Tease Me more @cpfleger

Exactly!!!!!!!!!!!!!!! If you zoom out even further, still the same indicator setting of 72. Look at the HL and LH showing the impulse moves on a larger scale. The market is fractal in nature and repeats on all time frames. It is patterns within ...

Tease Me more @cpfleger

The win rate of the method is high. Unfortunately the problem is the larger SL which I have not been able to resolve. Open to suggestions. The 50% region of ADR (10) seems to be an interesting place as price tends to reverse or run in a direction. I ...

DHR - Daily Half Range Strategy

Hi Sovy, The buy and sell trade line where attached the high and low of the day to be dynamic. By attaching to the daily open price it becomes a static system but may work, will give it a try. Find below a version based on Daily Open Price. Let me ...

DHR - Daily Half Range Strategy

Hi Hougaard, the boxes repainted too much and the s&r line appeared too late. The X have been replaced / updated to allow trades to run longer.

Tease Me more @cpfleger

Dear Reviewers, The indicator was given an expiry date as in the past I have given away many indicators and received zero feedback. Peer review can not happen if reviewers take and give nothing back. The expiry date is also to ensure everyone uses ...

Tease Me more @cpfleger

Hi ZazenBoy, keep going. It is a painful learning curve...

Tease Me more @cpfleger

Hehehe... done ok today. The market has flowed well. Calling its quits for this week before I muck it up. Have great weekend everyone.

Tease Me more @cpfleger

It has been easier today as the market has been ranging and swinging between S&R nicely. Money makers taking a break and anaylsing their order books.. image

Tease Me more @cpfleger

That looks better............ image Now waiting, sitting on hands, feeling the stare ..... Got out with 11 pips as price began to faulter.

Tease Me more @cpfleger

Agreed nerves sometimes get the better of me. Need to learn from xinitial. Missed half the move!!!!!! image

Tease Me more @cpfleger

Excellent! I got out too early as usual and still moving down.

Tease Me more @cpfleger