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I hope you will appreciate......
Hi Rads,
First of all thank you very much for sharing this T.S.
I think it was at the end of 2007 when I came across Rads Reverse MTF HAS T.S. A very nice system too that I have been using for quite a while and after some time I also have developed a T.S. derived from the principles in your sytem. It's all in a different forum b.t.w.
Well we have another subject here and the basics of this T.S. also appeal to me..... In a different setup I have been trading charts in hourly divisions and therefore I would like to share here some experiences with that one....
In my setup the Kijun/Tenkan is being used because the setting of 27 provides besides guidance of trades..... quite a remarkable guidence regarding entry points too. For instance right here in the first chart this is all quite obvious at the yellow triangle.
Another remarkable thing using the Kijun/Tenkan is trading "SunWheel" structures. These occur when the Kijun/Tenkan is going to cross price in the middle of a circle.... or when a trendline connected to the Kijun/Tenkan is going to cross price in the middle of a circle, i.e. the distance from the entrance point projected from the middle of the circle in the same direction gives you an indication where your exit may be..... Some examples of how this works are shown in the two lower charts.
Below is a template too for my setup of your RADS-BZ T.S. Because I actually never look at the coloured spikes on the Randy Candles I have replaced them here with neutral (gray) spikes.
Next I have added dots (BrainTrendSig4). This indicator I have slightly modified from BrainTrend1 and therefore have called it BrainTrend4Sig. I find the original versions hardly usable because of far too many dots. Yellow dots come into play when bars are red and Aqua dots come into play when bars are green.
Have a nice day, John
Last edited by John Edwards; 03-04-2009 at 10:24 AM.
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