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Formula-1 Racing Setup

  • #81
  • Sep 18, 2024 2:40am Sep 18, 2024 2:40am
Hello OutThere
congrats on your work. I'm still trying to understand everything. English is not my language. I like the similarities with real facts.
I have a question: should palkas line be adjusted with each new candle?
Please continue to share so I can better understand what you are trying to do. A full analysis of a chart based on your indicators would be good. thanks
  • #82
  • Sep 18, 2024 3:17am Sep 18, 2024 3:17am
Quoting Danielesse87
Hello OutThere congrats on your work. I'm still trying to understand everything. English is not my language. I like the similarities with real facts. I have a question: should palkas line be adjusted with each new candle? Please continue to share so I can better understand what you are trying to do. A full analysis of a chart based on your indicators would be good. thanks
Thanks.
You can adjust it with each new candle if you want.
I just use it as an approximation line.
If someone could make an indy that draws a straight line from the last BB signal to the current candle, it could replace Palka and eliminate the need to adjust it.
  • #83
  • Sep 18, 2024 3:18am Sep 18, 2024 3:18am
Quoting Fractales
Hello, Can you tell us what are thé palka Line ? How thé rules to draw it manually
Easy. Find the last BB signal and draw a straight line from there to the current candle.
  • #84
  • Sep 18, 2024 3:31am Sep 18, 2024 3:31am
The concept works.
I have an EA (not available) based on this.
This since Sep 12.
However, max floating has been= -$36
Attached Image (click to enlarge)
Click to Enlarge Name: bb.jpg Size: 84 KB
  • #85
  • Sep 18, 2024 3:44am Sep 18, 2024 3:44am
Quoting OutThere
{quote} Easy. Find the last BB signal and draw a straight line from there to the current candle.
No. It just draws a straight line from a current candle to the N candles back, N - is the palka's setting.
Just an opinion. Based on research
  • #86
  • Sep 18, 2024 3:53am Sep 18, 2024 3:53am
Quoting since80808
{quote} No. It just draws a straight line from a current candle to the N candles back, N - is the palka's setting.
Right but N is supplied by you.
Palka isn't really all that important. It's just a visual reference.
Toptrend indy is the real signal provider here or you can use any BB indy's signal with Bands period 20 and deviation 2.
  • #87
  • Sep 18, 2024 4:47am Sep 18, 2024 4:47am
Quoting OutThere
The concept works. I have an EA (not available) based on this. This since Sep 12. However, max floating has been= -$36 {image}
can you tell us more about the strategy you are using here? just wait for circle and arrow together??
  • #88
  • Last Post: Sep 18, 2024 4:57am Sep 18, 2024 4:57am
Quoting Danielesse87
{quote} can you tell us more about the strategy you are using here? just wait for circle and arrow together??
Really simple.
Buy on BB's buy signal
Sell on BB's sell signal
Any pair
No SL used.

Feel free to set SL if you want.
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