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which one SQUIGGLY LINES? Tradestation's? or all of'em (rhetorically speaking)?
Trader's seem to have their favorite SQUIGGLYS. Mine are RSI(2) and EMA(5), but I only use them for selecting NOT for trading. I might select a bunch of stocks that have RSI(2) < 1 but when it comes time to trade, it's just HORIZONTAL LINES.
exkoozzi my inglish (sorry me) dem, just fuond it:
Trading Slang and Expressions:
Squiggly Lines: "That trader uses a lot of squiggly lines on his chart. - Technical indicators that traders use on their charts to assist in trading."
The other one plots in real time. The past bars won't have any Buy Zone plots.
You can change the wingdings to the arrows if you like.
don't want to be annoying - so, on your picture (above, left) it was BZ History just with "arrow shape wingdings" instead of dash line? (current version BZHistory)
exkoozzi my inglish (sorry me) dem, just fuond it:
Trading Slang and Expressions:
Squiggly Lines: "That trader uses a lot of squiggly lines on his chart. - Technical indicators that traders use on their charts to assist in trading."
Indicator inputs are usually:
PRICE
VOLUME
TIME
So they ALL lag.
To me, it's so much easier to just trade PRICE POINTS like the Hourly Open, Daily Open, Weekly Open and Monthly Open. When the price crosses the line, just trade in the direction of the cross.
It's so profitable to watch the price drop like a rock one day and then see it rocket back up to the previous day's open and beyond.
The white squares are the previous candle's open price. Trading in the direction of the cross can be extremely profitable.
Price is either going to go UP or DOWN, so if it isn't going one way, it's going the other. So if price can't get above the previous bar's open, it must be falling!!
No indicators where harmed in the production of this chart...LOL!
Last edited by TheRumpledOne; 01-06-2008 at 05:07 AM.
Linear Mode
