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Re: Average Daily Range Trading

Posted: Wed Aug 30, 2017 5:58 am
by JADragon3
I'm playing around with the ADXVMA median setting along with messing with the ranges to see how this works out.

Re: Average Daily Range Trading

Posted: Wed Aug 30, 2017 7:44 pm
by JADragon3
Keep an eye out for price action around that median line. I still feel we are going to get a move up to test the top..

Re: Average Daily Range Trading

Posted: Thu Aug 31, 2017 7:17 am
by JADragon3
I should have paid more attention to the signal at the top. It actually gave two good signals showing it was head back down to the lower end. Also forgot to pay attention to the news. Interested to see what materializes today

Re: Average Daily Range Trading

Posted: Thu Aug 31, 2017 7:21 am
by JADragon3
Here is the one using the ADXVMA setting with wider ranges for the bands

Re: Average Daily Range Trading

Posted: Thu Aug 31, 2017 8:03 pm
by JADragon3
Even though NZDUSD has made a fairly strong move to the downside....I am looking for possible signs of some sort of corrective accumulation i suppose you would call it. For me , There are no real signs of an upswing at the moment. But that could change. We will see if this signal becomes valid.

Re: Average Daily Range Trading

Posted: Wed Sep 06, 2017 3:45 am
by JADragon3
NZDUSD - Looking pretty good. I am interested to see what kind of pullback we get. And then a trending continuation upward. But , based on the signal it has been producing , I would say a short term sell is in effect with a breakeven stop loss in case it decides to make a bigger move to the downside. Or possibly just a short term take profit.

( PS- I took out the median line to bring more attention to the edges )

Re: Average Daily Range Trading

Posted: Wed Sep 06, 2017 3:58 am
by JADragon3
The more I look around the web I understand that this is basically a trend envelopes strategy and nothing really new. But rather than being based on Standard Dev or ATR , it is simple ADR slightly adjusted every few days or weeks. I have played around with the envelopes standard deviation and found that using an adjusted ADR seems to working a little bit better and more consistent. I think the important part is the ability to position yourself on the proper side of the coming swing or trend on a day to day basis.

Re: Average Daily Range Trading

Posted: Thu Sep 07, 2017 7:31 am
by JADragon3
EURUSD - I feel as if we are going to start getting a larger downturn with the coming news. That is a Weekly 2 period HA Median Instantaneous Trend line 1.75 Deviation upper edge and 1.0 Deviation mid bands

Re: Average Daily Range Trading

Posted: Thu Sep 07, 2017 7:42 am
by JADragon3
Overlaid the MA with Weekly range bands that shows not much difference on a weekly scale

Re: Average Daily Range Trading

Posted: Thu Sep 07, 2017 11:19 am
by ikamos
JADragon3 wrote: Thu Sep 07, 2017 7:31 am EURUSD - I feel as if we are going to start getting a larger downturn with the coming news. That is a Weekly 2 period HA Median Instantaneous Trend line 1.75 Deviation upper edge and 1.0 Deviation mid bands
You are 100% correct EURUSD is aligning for a big dive down.