Damn one day ill get these trend lines in the right spots .lol
Thanks for the correction vdubus
great work here BTW
Thanks for the correction vdubus
great work here BTW
1
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Every 10 pips enter, exit at trend reversals, and scale in 0 replies
is it possible to predict breakouts? 17 replies
How do you avoid trend reversals 8 replies
trend reversals when US market opens? 3 replies
Disliked@Vdubus Would you think we can also use the contrapositive of your system, something like that : Trend --> divergence BB% --> Trend line Break from price but no trend break from volume --> probably fake reversalIgnored
Disliked{quote} Once you train your eye and know what to look for yes simply switch out the Bollinger bands & keep your charts clean. You can have to much info on the chart. I find less is more, BB% on the Renko is to messy & will paint to many fake signals keep it smoothIgnored
DislikedI've just updated couple of the pics. Hope it helps RULES FOR ENTRY {image}Ignored
DislikedThe pivot channel (looks like a TMA but quite unlike it) it prints the arrows after price has closed outside the upper or lower band and then closes back inside the bands. {image}Ignored
Disliked{quote} Do not take my word for it because I have not been able to devote time to watch it in real time and see the arrows print. It doesn't appear repainting because you can see multiple arrows after price exits the bands and reverses, most repainting indicators would adjust to capture the absolute top and bottom thereby redrawing it's lines and or arrows several price bars back. I saw this one while preparing the screenshot. {image}Ignored
Disliked{quote} I have observed in real time that it does repaint. It's much like a TMA but it's use-able non the less, you just have to observe the way it works with price and build a criteria for taking trades around it. This is something similar. https://www.forexfactory.com/showthr...4#post10060404Ignored