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Hi Xard777
Thanx for your awesome charts and contributions I'm still learning more about MM For anyone wanting to learn more I found more info about MM lines, Circles of Conflict, Squares, rules exceptions etc at http://www.foretrade.com/MM_description.htm
This is truly a great system.I have made good money with it...I do have a few questions that I would be very grateful if answered:
!. What is MM Time Frame as you can see it on the chart (attached) but I don't know how to use it.
2. On the PT why does it list multiple1/8 2/8 etc values.
3. The perfect setup, please correct me if I'm wrong: Wait for price to reach it's extremes, wait for the sell signal, then wait for confirmation from PT breaking through median line.
Hehe. I was bored. Today i was thinking about ways to get the clutter off my candles and remembered the PriceTrend indicator i found in this thread that plotted price, in the form of a line-chart, against two moving averages. So i did some tweaking and took it a step further... here is the result (and you can download it if you wish from here):
Anywoo, What you see is a naked chart...then this pretty little indicator below. It is comprised of three moving averages that have "Trend" indicators attachted to their code, plus another four moving averages...all set against price (shown here as the thick black line).
All moving averages can have Period, Type, PriceMode changed per user. All colors can be changed. And the three trends can be any Period.Type.Mode you choose. Once price goes above below the mini, there is a signal given, then once the Mini is above/below the Main, and signal is given, then lastly, once the Main is above/below the Major, another signal is given.
This is all open code, so with a choice of any 7MAs, and 3 trends, this should be a happy addition to many models out there.
The defaults are set to my use of the 144 tunnel loosely modeled on the V1hr and GANN numbers, Harmonic Beats.
Anywhoo, that's what this doodler, doodled on a doodlin day off.
Cheers,
Thom
__________________ Find a way to make someone's day
All moving averages can have Period, Type, PriceMode changed per user. All colors can be changed. And the three trends can be any Period.Type.Mode you choose. Once price goes above below the mini, there is a signal given, then once the Mini is above/below the Main, and signal is given, then lastly, once the Main is above/below the Major, another signal is given.
This is all open code, so with a choice of any 7MAs, and 3 trends, this should be a happy addition to many models out there.
The defaults are set to my use of the 144 tunnel loosely modeled on the V1hr and GANN numbers, Harmonic Beats.
Anywhoo, that's what this doodler, doodled on a doodlin day off.
Cheers,
Thom
Good mod and nice webpage
I´m interested in your indicator that draws trendlines.
I´m interested in your indicator that draws trendlines.
Regards.
Greetings, you may be referring to the "TrendLineAlert"?
If you download it from my resource-indicator files you will see that it is actually a manually drawn trend line that you can place on the charts at any angle. You may then set the audio and or email alerts to "true" and have those alerts take place when the currency touches the TL. Be sure to download the audio files i created to go with them...a very nice female British voice stating "Rising Price Alert" or "Falling..." depending on the indicator line touched.
Fun stuff.
Cheers,
Thom
__________________ Find a way to make someone's day
I have been following the mm levels lately and do find it
helpful, can someone please post or direct me to where I can
download the version that shows baby 2/8th etc.