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vidvad replied Feb 23, 2024I have no idea why you keep talking about volume. Volume has nothing to do with how these candles form as both renko and Heikin-Ashi are based on range, not volume. It is taking a lot of time, not volume. It may have a lot of volume during that bar ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024Let me say I think you are showing remarkable discipline and maturity in your approach to learning for someone as young as you are. I think you should compare your trades today to this template. image You are too eager to trade, imo. You should ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024First, I'm not making discretionary rules as I go. ALL of my entries, long and short, look exactly alike. Some are based on the postion of price vs the ema's, and other's based on the position of price vis a vis the five pivotal price levels that ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I think that is the best way to look at this issue, rocky. Based on the framework, I don't use discretion. I could write a book (it would really be a booklet or a small pamphlet lol) with exactly how I trade using your method as the basis and anyone ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I probably am not using the right word. The more I think about it, it isn't "discretionary." At most, I'd say I have exceptions to the purely indicator set ups. When price drops back to its open, as it did today, then I am looking at the first ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024Yes. I've tried to trade both the funding challenge and my account and it doesn't work. I'm a one account at a time kind of guy. Focus.
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024Three days of trading, Wednesday through today, pnl net of fees and commissions, and all using rocky method as I use it: 8 ema tunnel, 34 ema, and the pivotal levels that the real smart money use - yesterday's high and low, last week's high and low, ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024Dude, get off your high horse. You post nothing positive or original here. Every post you make is a criticism of something someone else shared. It gets real old real fast. Share a chart, post a trade, tell us how you're using rocky's system. The ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I didn't make a call that this would happen. Over time, I have seen that the big money traders, the ones who move the market, will often key of the day's opening level for trades, targets etc. Not subjective as some would say. Perfectly objective ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024You should probably stop trying to trade it, and just spend a week watching price for the first 2 hours of the NYSE session each day. Watch it as though you are watching a movie. Don't be browsing the web, talking to your friends, reading the ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I use the 34 ema to sort the trading range from the tradable swings: image I also use yesterday's high and low, last week's high and low, and today's open as pivotal points. The futures market will often use these levels as targets. For example, ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024rocky's set up uses renko, but then we add a Heiken-Ashi indicator to the renko bars. You can download the indi here and add it to ninjatrader: Heiken Ashi 8 - NinjaTrader Ecosystem Instructions for adding a 3rd party indi url It took me some time ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I think rocky would be the first to tell you that there is a good bit of discretion that is involved that comes as a matter of experience. If support and resistance strike you as "subjective" then we'll have to leave it at that. driven18 and ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024I replied to your request yesterday and linked the the very post where the renko method first was stated. FWIW, I'm not sure this method is for you. It requires effort and work.
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 23, 2024No one knows where our indicators are but us, but everyone sees the levels of support and resistance, major and minor. image
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 22, 2024image I love the first 82 pages of this story about Navinder Sarao, the trader blamed for the "Flash Crash." FWIW, I don't believe for a second that he was the cause of the flash crash. I don't even think he was a contributing factor. He was ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 22, 2024I'm just saying I can't call that a signal in hindsight - some are easy to see in hindsight, others, because of the nature of the Heikin Ashi formula, are impossible to judge. From you have said, it was a signal, and if so, no harm, no foul. Again, ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 22, 2024I trade everyday that I am available to trade, Monday through Friday. I did answer this. I don't know if the entry candle would have opened green. Looking at the M5 chart at that time, it does not look like price would have traded to a high enough ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 22, 2024One limitiation of these sort of candles is that we really can't tell in hindsight whther a candle that closed red had opened or even ever closed green. Did it open as a green trend candle, and then pulled back into a red doji? Or did it open as a ...
Williams%R, SAR X-over 15 minute candles
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vidvad replied Feb 22, 2024This is the ninza bar status tool. In the case shown, price can trade as high as 5095.75 and as low as 5092.50 without causing a new renko HA canlde to open. If, for example, you were looking for a short signal here, you could place a sell stop at ...
Williams%R, SAR X-over 15 minute candles