ImpLaNT wrote: Sat Nov 11, 2023 11:58 am
If you like clouds so much, take this...
This is many times better and more useful than standard Ichimoku. The version was modified by our friend Hakan for one of the projects...
Alternative_Ichimoku_v07 BT___HG.ex4
Alter.set
You can adjust the colors according to your preferences, you don’t need to change the other parameters, they are perfect
I have not looked at
Ichimoku strategy since baby pips and do not recall any specific details now. However, it is "technical" analysis and that is something anyone becomes an "expert" in, in a day or two, plus all "technical" analysis is the same and says price fluctuates to "support" to rise and to "resistance" to fall. Meaning, you buy pivots off of "support" and "sell" pivots off of "resistance."
Chaos explains the same thing differently telling us that price folds a range to translate (stretch) trading space up or down a current trading range. Assuming the simple idea notified by chaos is a "complexity" and not comprehensible by anyone unless you have a PhD in mathematics, it strikes me from the screenshot above, that the meaning in both chaos and "technical" analysis becomes
visually explicit when we find (as in the screenshot), a congruence in both ideas in terms of the “system” of
Semaphore pivoting obvious from the shot. We know the
Fibs in
MRI represent
folding space and can therefore see that they are the location for “Stops" and pivots when they have a red or green sign behind them. So for a day trader I must ask, is it not therefore a simple matter to equate the two ideas as we follow the obvious signs on Screenface? Looking at the history implied in the screenshot we see ------> does it require any mathematics to then trade Orbit from the Aqua Crown to the last dot low as we see? How is it possible to lose a single trade in the series we see if in fact Orbit the Tool is correct 100/100 times? Has there been an event where this is not true? My point in all of this, is that, if Orbit is not found to fail (and regardless of our doubts from time to time), would trading the obvious setups lined out over history in the screenshot here not have proved to us by now the efficacy (or not) of Orbit and the ease and simplicity (or not) of trading by chaos?
But it is not Ichimoku alone it is in fact any and all "technical" systems. For a "technical" system to be true to any degree it MUST check out against Orbit as simply as @ImpLaNT shows in the Ichimoku "system" he trades. So in fact one can for instance use fascinating single "indicator systems” such as the
Better Bollinger Bands and others to define their own trading "systems" in the same way as @ImpLaNT demonstrates his "system" conjoint with Orbit (e.g. take trades matching band deviation values that are followed by a change in sign). In this way, taking advantage of Orbit in that a) It always has the true trend correct b) It's timing is explicit and c) Its market context is complete. But instead my friend Dr. @ImpLaNT who is one of the most egocentric traders I know (he knows everything and no one knows anything at all but him), has become so frustrated by his lack of progress as to resort to trying to somehow pin blame on me by telling lies against me in saying that I said ""technical" indicators are "evil"" even when it is obvious I use them really well? Can he show me stating so anywhere? Of course not in this life. But since he cannot "get it" after so many trials "everyone" and "anyone" can go to hell and the fastest route to sending us all to hell of course is to malign the idea (simple as it is), by false attributions to its chief advocate (which is pretty cruel and self-centred in my book).
What is bothersome in that assertion is the word "evil", because it comes from the deepest recesses of a mentality. I am somehow an
evil being (some kind of
Rasputin in trading), since I have come up with something that is indisputable but unrealizable by such a foremost "expert" as himself. But he is the one that fails to articulate because he feels superior to everyone and must find some imaginary solution that ONLY he knows because he is more intelligent than everyone here and "systems" such as by @Funchi, @BeatlemaniaSA, @XARD, @Meyney etc are all less than worthy. Yet these are some of the finest "systems" possible when limited to "technical" analysis as he is and are all the same in
overlay in the context of Orbit (anyone can check this fact out as with any “technical” system, the same way we see @ImpLaNT's). Again, all and every "technical" "system" MUST fit Orbit to work as we can now see by @ImpLaNT's preferred "system" and it is an error not to take advantage of such congruence while following the tenets of what we have tried to espouse here on this thread (risk-free space, Commands 0, 1 and 2,
nSign On, Command 0 On, Inverse On, Fluctuant On, etc).
So to close, @ImpLaNT shows us a good example of how one might look at and trade by Orbit the tool in
Conjoint Mode. And this is to be encouraged. I can only suggest to @ImpLaNT that if only he can come down to our level he will find for the first time in his very long but arid career that he has become a trader at last. Now most traders are no different than what I see in @ImpLaNT in that everyone starts off looking for what is falsely dubbed
"an edge," but which at best ends up meaning good signals (which is already commonplace), and which I have shown does not improve anyone's prospects unless she has control --- TOTAL CONTROL. This means trading by Orbit directly if you can or in Conjoint Mode if not so clear at first. Pretty simple I would argue. There is nothing anyone of us knows that is so special it is a secret that somehow gives us a special advantage (Not Possible), we can only become
exceptional traders by using what everyone knows well. The truth is always an open secret as we see right here.
(-_-)