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Re: Tsar - Dynamic Zone Trading System

rijay, Wed Mar 14, 2018 8:46 pm

friend4you wrote: Wed Mar 14, 2018 8:27 pm

I would use bands instead of ribbons as sl, but difficult to say without knowing the exact entry and exit rules every trader should have. I would like to see the price candles instead of many background colors, make ribbons smaller instead of thickness 20.
yes you are right looking price candles is important. i use separate chart for that on which i only draw trendlines, channels, triangles etc, and do not attach any indicator on it. your bands are good for sl with red fibex as sl of both matches when system gives signals , that is why i kept red fibex with the system though it is based on zz , usually i do not like repainting indicators to be included in my trading system. kept it just to see with your atr bands sl with redfibex sl matching. analysis with ribbon is difficult then bands, so i keep only two ribbons instead of three in mft templets like htf and ltf. when i do not use mft mode only one slope is enough. i tried with thinner ribbon too. but after addition of mac3d histogram serves the same purpose for short term trend.
keep providing more suggestions, it is nice to see that you are providing some constructive ideas.
i think your bands are nice ones for trending move to give direction .
you may find this attached indicators useful for finding trend power, this provides good trend strength visibility when price strength will be sufficient to move prices in the direction .
this indicator is also good to assess trend strength, as this indicator uses real indicators like rsi, momentum, macd etc to arrive at trend strength it shows real trend strength .(unlike most of trend strength or heatmap indicators that uses daily ranges to show trend strength, so they are no good)

it is possible to combine users time frames too, so for example if i want to trade on m5, if i combine m5+m15 on this indicator it immediately shows in percentage , the trend in this two combined timeframes on my m5 chart. so i need not to analyse all timeframes and all indicators always, it becomes easy analysing.
i have my settings on this indicators to perfectly match with my system. the key is to keep only those indicators on this indicators that are needed, if you keep all indicators to true ,signals will be slow, and if you keep too less indicators to true it will give whipsaws. also if you need to combine timeframes then coef settings to be like 1,2,3,4,5,6..... on this column too. this indicator is also useful on my htf and ltf templets for immediate analysis of trend
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