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- weghio replied Oct 15, 2006
Hi clam, Can you tell us when the book "new science of technical analysis" was written, and whether it had to do with forex specifically or something else, such as stocks? Since the pdf pretty clearly states that countdown begins at the 9th bar, ...
EA Factory
- weghio replied Oct 15, 2006
Sounds good aha, good on you for catching that countdown beginning at the 9th bar

EA Factory
- weghio replied Oct 14, 2006
Hi clam, Can you elaborate on the ways in which the pdf is incomplete? Or rather, does the information in the pdf, specifically regarding the two conditions under which the countdown setup is cancelled, contradict the information in the book in any ...
EA Factory
- weghio replied Oct 14, 2006
Hi aha, Below is the attached .pdf file from which I gathered the rules. Please take a look, especially at pp. 30-31. I think the countdown setup itself is cancelled if one of the two events happen. The pdf quotes in part: "In these instances, the ...
EA Factory
- weghio replied Oct 14, 2006
Oh! OK does this merely mean that when there is a smallish green arrow re: bar 13 (as opposed to a real large one) we should be more skeptical of its validity? I'll do some more backtesting but if so, it seems you may indeed have implemented this ...
EA Factory
- weghio replied Oct 14, 2006
2nd condition — OK, here is the 2nd condition under which the Countdown setup process would be aborted: In the case of a buy Countdown, it is aborted when a contradictory sell Setup (1-9) appears before the completion of the Countdown. In the ...
EA Factory
- weghio replied Oct 14, 2006
Hello again, What I was referring to was the large arrow at the right of the chart, the one marked 13 with a greenish large arrow. It appears to me that the low of this bar 13 is not lower or equal to the close of Countdown bar 8 (not the yellow ...
EA Factory
- weghio replied Oct 14, 2006
Another one — OK, here's another thing that I noticed. There are two conditions under which the entire Countdown setup must be completely aborted and started from scratch. I'll take the buy Countdown for illustration, and just mention the ...
EA Factory
- weghio replied Oct 14, 2006
Hi aha, Now we can definitely work with this!
OK, the first thing that jumped out at me... According to TD, there is a qualifier for Countdown bar 13. I'll just quote from one of the pdf: "The low of buy Countdown bar 13 must be less than or ...EA Factory
- weghio replied Oct 13, 2006
Hello! From what I understand Mouteki recommends 4 hr timeframe whereas TD seems to deal with daily? Also, looks as if Mouteki counts the significant high/lows as a bar which has two adjacent higher lows (or lower highs) on each side, while TD ...
DeMark Indicators (ADVANCED)
- weghio replied Oct 13, 2006
Great thread folks, and Horace Kent thanks for that indicator. Just a couple questions.. Is this based on the "drawing objective trendlines" pdf? If so, in pointing out the entry bar does it take into account the other qualifications, such as the ...
DeMark Indicators (ADVANCED)
- weghio replied Oct 11, 2006
TD — Hello aha, In the thread you linked there was an indicator complete with the first 9 steps to setup the trade, but as you recognized it was missing the final 13 countdown steps. Is this what you have tried to implement? If so it would be ...
EA Factory
- weghio replied Oct 3, 2006
My take — Hello, Let me begin by saying that I'm not a shill and have no vested interest whatsoever in saying anything positive about this group, except for the fact that I believe it to be true. I joined the pf just several days ago, and ...
what is james16 forum about??
- weghio replied Oct 1, 2006
Sorry for the slightly tangential interlude, but does anyone remember the series of links containing tutorials for EA programming? I'm trying to learn writing/compiling EA's for myself and I just know the links were contained in these forums ...
EA Factory
- weghio replied Sep 28, 2006
Hello, As a newbie to forex here's my take. Forex trading is not an exact science; there is a fair amount of discretion and "feel" involved and in some ways it's tantamount to art. That said, I think the reason many of us look for more complex ...
Why are we afraid of simplicity?
- weghio replied Sep 25, 2006
Although I wouldn't presume to speak on op's behalf, if you look at the very first post it says entry occurs on the next bar after cross occurred.
The Daily Fozzy Method
- weghio replied Sep 25, 2006
I took it...sold part of it when it approached 1.8983 then placed a +10 pip SL on the rest which it hit, so overall a profitable trade. Looks like a new trend may be forming though, depending on where the latest bar ends up.
Mouteki Trading
- weghio replied Sep 25, 2006
AUD/USD — Looks like it's setting up for a buy. I already bought some via the Bagovino 1hr method before realizing it's also about to be supported by Mouteki...
Mouteki Trading
- weghio replied Sep 25, 2006
USDCAD — Hello, Under MT4 I saw the entry level at 1.1161 as shown by the following 4hr chart..I'm in US EST time. Since I'm a newbie just demoing and I'm not fully familiar with the interface yet, I got into it late and am currently paying ...
Mouteki Trading