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    • Edgetrader replied Jun 5, 2009

      Quite right ole boy! I was just trying to ascertain the actual triggering mech. as there are at least 6 confirming type indi's there. And, if that is a Picasso, I think I stay with the paint by numbers group so as to at least see the picture. Have a ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Ok. 'Unneccesarily' close is based on 'your' perspective of an appropriate SL sensitivity measure. Every trader out there has different TP/SL guidelines they utilize. Also, not everyone trades the MT4 platform or candlestick charts. As such, ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Perhaps I misunderstood your reference to the PA before the NFP news this a.m.. All PA to the left of the news release is inconsequential to me personally as I do not trade most of the London or any of the Asian sessions. As such, all of my personal ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      I can understand your confusion. Heiken Ashi is a normal indicator provided on almost all MT4 platforms. I simply place the indi on the 5m chart and go into my 'preferences' and make the normal candles and wicks the same color as my background in ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Sorry Paul, not sure if your question was directed to me or someone else. If it was me, I will say that Renko charts are not TF oriented and as such they do not utilize such an input. They are 100% 'price action' oriented and you simply set the size ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Different platform — Really does not matter which platform one choses. MT4 is quite adequate, even with all the noise, to get a decent swing trade with Anne's indi provided you get a pair with decent movement. Same trade taken with candlestick ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Depends. Which TF are you going to trade? Larger TF = larger WMA. Candlestick chart, bar chart, Renko block chart? All of these matter when 'curve fitting' a MA that works for your particular trading method. Using a 50 WMA on a 5M chart will have ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      HMMMMM! — So many indi's to chose from. Lots of talk on choppy PA. Perhaps a traders choice of chart should also be factored as the 'HG' indi is being developed. Pretty big difference here and I for one prefer a little noise as possible. I ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      There is a plethora to chose from. Indi should be as SIMPLE as possible. As mentioned before, a SIMPLE moving average (perhaps a 14 linear weighted with a weighted close for a 5m TF) will suffice as a SL buffer. Entries can be as divulged with you ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 5, 2009

      Geez Anne, The formula is skewed by the omission of the proper placement of the bullet into the revolving cylindrical devise attached and then the 180 degree revolvement of the device whereas the subject thereby in control of such device will ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 4, 2009

      Again, this WILL evolve to a positive expectancy evaluation and if it does not pass that particular test the game is over. As a visual, use your imagination and imagine the chart shown with the 'HGMTF' indicator instead of the "TRIX" indi shown. As ...

      EUR/GBP Trendmagic System
    • Edgetrader replied Jun 4, 2009

      Until a solid TP/SL has been developed, backtesting will not be conducive to ascertaining viability of this methodology. Blue to Red color change is far too shallow to work with. Wait another week and then much more will be discovered that will ...

      EUR/GBP Trendmagic System