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- M_j replied Nov 4, 2011
I understand: at least it seems you use it more in a flexible way which is perfectly fine for a trader. but it would not work in an Alerter - human machine is still a lot of difference
Anyway, no need to define it: for the moment I just skip such ...On My Way To The Top
- M_j replied Nov 4, 2011
What are the rules for it: seems you use the Big Semaphore points to define swing high, swing low. 1.but why not between the two red ones I marked? seems that it bounced already once before
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- M_j replied Nov 4, 2011
I have to do quite a lot different than in my other indi. I had not expected it. But I guess that's the cost of making it more flexible. Anyway, slowly progressing..
MJ - MasterALERT - (System)s)
- M_j replied Nov 4, 2011
I think I understand but it would be helpful if you show a pic with some explanations. As there are many ways to do it. like swing high, swing low: I know what you mean but it is a too flexible term. I guess you will define swing high, swing low by ...
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- M_j replied Nov 4, 2011
1. You draw them at the previous days candle is that right? 2. how many fib values you use only. 3.Also the one which are higher than 100 like: 161.8,261.8,423.6 4. only daily based fib or the other TF too
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- M_j replied Nov 4, 2011
daily fib retrace level: do you mean by this a line from the fib pivot or a separate fib retrace level. if separate - would you also suggest maybe to implement - Price touch Daily fib levels ?
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- M_j replied Nov 4, 2011
I know - but I just had to laugh (which is good at times) because your sentence: it seems that sometimes they line up and other times they don't reminded me a bit of the dilemma we TA Traders are in: whatever we try to find an advantage - at times ...
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- M_j replied Nov 4, 2011
I guess one has to settle for something and hope the best
Anyway, for the Price touch pivot lines I guess I will use a similar calculation to the one you posted -- maybe I check out the one from balrog: (do you have the source file?On My Way To The Top
- M_j replied Nov 4, 2011
thanks - so the Support and resistance levels are not standard pivot s/r but based on some Fib values. Did you ever check it with any standard pivot? Not sure just searched for pivot - url did not check if it is really standard. From the way: ...
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- M_j replied Nov 4, 2011
pmullin86: do you have the source mq4 file of your pivot indi?
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- M_j replied Nov 4, 2011
It depends which indi and what kind of chart setup. I don't know all occasion when this happens but there are two very common one. 1. If I made a mistake in the indicator
e.g. the indi ALPmullin86Var1 and MTF MA based: ALPmullin86Var2 I had ...On My Way To The Top
- M_j replied Nov 3, 2011
Thanks - if you find more keep them coming with small explanations. I'm out is already past midnight.
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- M_j replied Nov 3, 2011
I see. Do you only take such if the MA stack is in the same direction: like in this pic UP Or you also take it if the same pic, same pivot, same MTF STO - but the MA stack would point down?
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- M_j replied Nov 3, 2011
Thanks a lot. you are talking about the R1 aren't you. would that be enough for you - if I look at the pic - before it broke below and above the not sure how many pips. Actually in the begin of the chart was a similar situation (YELLOW DOT OF MINE: ...
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- M_j replied Nov 3, 2011
I'm very satisfied with my progress today. Nothing yet ready to upload but still a good days work. The first Part of the MA Section is coming along nicely: This is the simpler normal Chart Interval MA Section: ** For a start I settled with 6 opMA ...
MJ - MasterALERT - (System)s)
- M_j replied Nov 3, 2011
thanks balrog. BTW: I'm not suggestion alternative mm - something similar seems to work for pmullin86. Just would be interested in the math if it 'really' pays off in the end . because as I understand it: you both give away at nearly each trade a ...
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- M_j replied Nov 3, 2011
balrog, Sorry one more
What I would be interested in: did you ever check the final outcome if you would cash in whenever 1% is hit. I mean in total. Today you would have made 3% - do the few who run further make up really more? Also did you ever ...On My Way To The Top
- M_j replied Nov 3, 2011
Thanks a lot for the feedback - very kind of you. Compound your profit and you will see great results in the end
Attached: compound.xls I downloaded from this good trader page: url many good infos there.On My Way To The Top
- M_j replied Nov 3, 2011
pmullin86, could you maybe in your next couple of trade charts point out when it is based on something using the pivot related stuff (I would like to see such - maybe small explanation) so I can further consider if I finally include pivot in the ...
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- M_j replied Nov 3, 2011
but only the trend following portion In my opinion a Good choice
balrog, can you comment which one was the winner - thanks. Do you trade only M15 TF or was it just by chance? is 1:1 R:R I'm right? Congratulation: 1% is a very nice return ...On My Way To The Top