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Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 6:35 pm
by sal
Meyney wrote: Tue Jul 06, 2021 6:20 pm Yes looks nice but in this case/move a lot of indicators will show nice entries right. I still use trendlines for entering after the pullback, for those who are struggling with trendlines the ATR stops indi is perhaps useful.
Noted.
I merge rainbow indies with your ma line setting, see how its looks :)
i try AWO indies as trend indicator and pullback is half trend . I use max 2 indies which my helps me to more..
i love your strategy and ATR stops. i will try..

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 6:41 pm
by Meyney
josi wrote: Tue Jul 06, 2021 6:23 pm Are you using: ATR - Stops averages (mtf + alerts)
What inputs for the ATR stops do you use?
Mostly the ATR stops seem to give a late signal.
yes this is ATR - Stops averages (mtf + alerts) indi default setting. Indeed it is a little bit late compared to trendline entries. I do not use it. But perhaps it is useful as entry, not as exit (exit previous SD zone etc.)

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 7:03 pm
by Meyney
Most important and don't forget the concept = impulse retrace/chop SD

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 7:26 pm
by Meyney
gy

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 7:46 pm
by sal
Meyney wrote: Tue Jul 06, 2021 7:03 pm Most important and don't forget the concept = impulse retrace/chop SD
noted sir..
as per my last trade as shown in my snap it is clear down trend .. M30 as shown in picture is favouring to m1 trend chart . see snap time

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 7:58 pm
by Meyney
eu 2nd entry

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 8:58 pm
by moey_dw
Meyney wrote: Tue Jul 06, 2021 7:58 pm eu 2nd entry
so............. ummmm no more rsi??? any update 2 the template??

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 10:25 pm
by Meyney
moey_dw wrote: Tue Jul 06, 2021 8:58 pm so............. ummmm no more rsi??? any update 2 the template??
That's right no RSI, but I never used it on my charts/examples posted here as you already noticed. Perhaps you can add/try the ATR indi. I was looking for a tool to use / add because I received a lot of questions about the trendlines. Maybe this will help, it is sometimes late, but it can filter bad entries also.

Re: Trading Pullbacks System

Posted: Tue Jul 06, 2021 11:38 pm
by josi
Meyney wrote: Tue Jul 06, 2021 6:20 pm ATR stops indi
Did you try:
input:
EMA
distance: 0.5?

Re: Trading Pullbacks System

Posted: Wed Jul 07, 2021 12:40 am
by Meyney
josi wrote: Tue Jul 06, 2021 11:38 pm Did you try:
input:
EMA
distance: 0.5?
uhmm I did not play with the settings, your input seems to fire a lot of entries?