Re: Trading Pullbacks System
1722we can argue a lot about settings and indicators . . .Meyney wrote: Mon Dec 28, 2020 6:04 am ok we can argue a lot about settings and indicators but in the end we have to make money agree? let's do 1 minute setup gy, one day before holiday is crap but still not bad. spot the entries, again the indicator is attached just to make you feel comfortable. Trade this setup on mtf....be selective as I said before...
Trade this setup on mtf
Because so many indicators are based on price, it hardly matters which one you choose to use: By adjusting the input values, nearly every indicator in this "family" can be made to display the same information as every other indicator. What is of greater value is learning to see how using the indicator as a proxy for price reduces your cognitive load, and then using them on multiple time frames. And by using multiple instances on a single chart with settings that represents price on several timeframes, it becomes much easier to see "at a glance" what is happening on several timeframes without needing to flip to other charts or flip the Timeframes setting.
Put multiple instances on a single chart and then turn off display of the price bars. You should be able to EASILY see what the direction bias is and where the return back to the trend from a retracement occurs. If you don't readily see this, then your indicator settings need more adjustment.
The Crow hates eating crow, but serves himself nearly every day.
Re: Trading Pullbacks System
1723This is an example trading impulses and retraces even on 1M. The MA's act as MTF. Again: we do not TRADE 1M, but we ENTER on 1M If traded well (moneymanagement) these setups are profitable. The RSI was added in the beginning because traders here like indicators, so ignore this indi please.regit wrote: Sat May 06, 2023 1:46 am we can argue a lot about settings and indicators . . .
Trade this setup on mtf
Because so many indicators are based on price, it hardly matters which one you choose to use: By adjusting the input values, nearly every indicator in this "family" can be made to display the same information as every other indicator. What is of greater value is learning to see how using the indicator as a proxy for price reduces your cognitive load, and then using them on multiple time frames. And by using multiple instances on a single chart with settings that represents price on several timeframes, it becomes much easier to see "at a glance" what is happening on several timeframes without needing to flip to other charts or flip the Timeframes setting.
Put multiple instances on a single chart and then turn off display of the price bars. You should be able to EASILY see what the direction bias is and where the return back to the trend from a retracement occurs. If you don't readily see this, then your indicator settings need more adjustment.
Re: Trading Pullbacks System
1726more shorts see retest 1.1
- These users thanked the author Meyney for the post (total 2):
- Chickenspicy, maroka
Re: Trading Pullbacks System
1727- These users thanked the author Chickenspicy for the post:
- maroka
0 + 0 = 0
Infinite / Infinite = 1
1 way to Heaven & it matters
Infinite / Infinite = 1
1 way to Heaven & it matters
Re: Trading Pullbacks System
1729No thats why i ask
- These users thanked the author Chickenspicy for the post:
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0 + 0 = 0
Infinite / Infinite = 1
1 way to Heaven & it matters
Infinite / Infinite = 1
1 way to Heaven & it matters
Re: Trading Pullbacks System
1730too many setups-colours, no overview , no idea = trading indicators