Quote:
Originally Posted by jet
Simba,
Thank you for your previous post. It clears things up.
The STLM2 indicator you posted: Do you have to change the values of the coefficients you are multiplying closes by every once in a while? Are they suppose to be different for different pairs?
You have not explained how you are using digital filters in conjuncture with price patterns. It seems that you are only trading price patterns without really using digital filters...Could you explain how you are using the two?
Do you mind explaining briefly how your digital filters are more useful than a Jurik MA for example?
Thanks.
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I explained at the beginning of the thread what my aim was and what other technical means I used to trade the patterns with,so,it shouldn`t seem anything else.
You can check the digital filters section where there are extensive comments about digital filters(some of them by me) and stlm2 in particular,and you can check the thread SimbaConMan to see the basis of cycle analisys(Hurst methods)...this will be much better for you than just asking me to summarize it
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You can use the patterns with whatever you want,Stochastics,Rsi,whatever...Usually I just check for a potential new cycle coming,you can do it just with RSI,if you read the threads I mentioned you will know how to do it,then use the pattern to trigger the entry witha good reward to risk ratio.There are people that trade naked,like Suri,I see no need to do so,since this will require me to forget about something I already use with good results,so I just adapt them to my actual way of trading and improve both..
Regards
Simba