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Re: Trading Pullbacks System
Posted: Wed May 19, 2021 1:32 am
by Meyney
notice wrote: Wed May 19, 2021 1:27 am
I have replaced RSI+baseline with RSI+ma crosses, Support & Ressistance with PZ support & resistance, added MA histo, if I use TF 5M then MA histo will be 1H, if I use TF 15M then MA histo will be 4H.
Today, test with new template, GBPUSD TF 5M.
Thanks for teaching me, sir !
Wish you all the best !
is ok, but remember: spotting the impulse and retrace is the key to the Kingdom
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 1:38 am
by josi
mrtools wrote: Sun May 16, 2021 3:05 am
1 H chart.
very accurate trendlines MrTools.
Allow me to ask: are they drawn by hand or do you - master of codes that you are - use tools?
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 2:14 am
by Meyney
notice wrote: Wed May 19, 2021 1:27 am
I have replaced RSI+baseline with RSI+ma crosses, Support & Ressistance with PZ support & resistance, added MA histo, if I use TF 5M then MA histo will be 1H, if I use TF 15M then MA histo will be 4H.
Today, test with new template, GBPUSD TF 5M.
Thanks for teaching me, sir !
Wish you all the best !
forgot to say: good luck with the indicators! Also try to zoom out a bit otherwise you have no idea what is happening...
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 2:38 am
by mrtools
josi wrote: Wed May 19, 2021 1:38 am
very accurate trendlines MrTools.
Allow me to ask: are they drawn by hand or do you - master of codes that you are - use tools?
Nope drawn by hand but remember thinking having them automatically drawn according to this trading method with alerts would be nice.
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 10:46 am
by RplusT
Meyney wrote: Wed May 19, 2021 2:14 am
forgot to say: good luck with the indicators! Also try to zoom out a bit otherwise you have no idea what is happening...
There is no need for additional indicators. A pullback must qualify itself as such and drawing lines to see that is sufficient. More indicators don't make a better trading decision.
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 4:59 pm
by Jimmy
RplusT wrote: Wed May 19, 2021 10:46 am
There is no need for additional indicators. A pullback must qualify itself as such and drawing lines to see that is sufficient. More indicators don't make a better trading decision.
Absolutely. Sound advice
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 5:08 pm
by moey_dw
mrtools wrote: Wed May 19, 2021 2:38 am
Nope drawn by hand but remember thinking having them automatically drawn according to this trading method with alerts would be nice.
i think this indi posted by yuri is start........ we can base it off dis??
viewtopic.php?p=1295431404#p1295431404 or is it a dud
Yuri_I wrote: Tue Mar 23, 2021 5:07 am
Added 1 old indicator. I think he's helping a little...
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 7:09 pm
by Meyney
these are a little bit late...compared with example
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 8:05 pm
by moey_dw
Meyney wrote: Wed May 19, 2021 7:09 pm
these are a little bit late...compared with example
doh........... yes that is what i thought too
Re: Trading Pullbacks System
Posted: Wed May 19, 2021 10:18 pm
by Meyney
Gold 15M with 1H sd zones....aligned with 15M SD higher probability, possible entries on 1M; see double top 1M into a double top 15M