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Wadah Atar Indicator and its yellow line
I have ben following the creater of the wadah Indicater in the ARABIC FORUM wher he introduced his indicater and one of his important rules with regards to taking a trade is the yellow line must be headed in an upward move not flat. If it is flat even if it is above the dead zone you are taking bigger risk, so I belive n post 29, Stace los that trade because he entered while the yellow line is flat, also you guys using the exploisive wadah atar indicater or the latest version of it which he calls it the golden explosive wadah atar indicater?
If you are using the first one, I think you should use the golden one, its much better. Regards Rateb |
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Yep but it won finally +37 pips But i agree it was high risk very high |
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First all, I appreciates you efforts for develop a system and to find the use for this indicator.
And I have to mention this phrase posted in the indicator´s thread. Quote:
I have to disagree a little. I like to be realistic. In a trending market everybody could make money and everybody know that. It´s important for me, specially for help newbies take care, to show all pictures, not only the good ones. Our eyes and the human nature playing a little with our mind every time we see something new. With knowledge and experience you learn to not trust in what you see. And specially to not trust in "past action systems". (Past action means the developer is posting after the move, how good is the system.) An indicator could help in trading, in fact, they do it, but it´s only one more tool. In the first picture attached you have 4 trades, 3 losers and one winner? My point with this post is don´t hesitate with the first what you see. Also, another interesting question is because 90% of systems are trend followers. And why we´re adding more and more systems which in fact does the same, we only change the view, the colors, the indicators. They give you the signal once the trend have a nice way walked, often, too late. BUT, nobody works on reversal systems, or in pre-action systems. pre-action means anticipate price behavior setting orders. Where the real intraday money is. That´s are the good ones and important systems. When you see a picture with a phrase: sell order here because the price is going to here. Take look at the third picture I´ve attached. Why don´t buy in the blue rectangle? Why to wait after all indicator give the right signal just to be smashed? Again, I hope you understand my words. Like the current vogue phrase: just my two cents. BTW: is there any options to disable the fu**** arrows on xpma? ![]()
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where to learn this candle patterns? and how can I understand PRICE MOVEMENT? |
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Reversal
Hi Linux.
I sat studying the indi strategy last night again. I agree strongly with statement that all strats do well in trending market. I didn't do any Sky trade thelast two days due to bad signals, but that is due to market exoerience. Newbies trading this would loose money on yesterday. I am now more intrigued by the Blue Zone you stated in pic 3. A previous post by anothe member stated that he is seeing reversal points. In your opinion and spesifically looking at the Waddah. Do you thinks that it can be used more effectively as a reversal indi over say 1TF 4TF. I have stated reading the DIN strat where Mini and MrPip have most of their work. I am just scared that we have started another copy of Isakas or DIN. It better then to rather draw attention to those thread where it is at a level of higher sorting of mistakes. I am currently Running both SkyDART and Isakas KusKus that prove you post to a big extend. So my question is basically this. Is this a better Reversal than Trend Indication system
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i clicked but there is only registration to Interbank By the way i pm you soon dont have time now to write letter :-) |
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Arrows on xpMA
Quote:
I have 2 versions of xpMA but this one had code for arrows. And more types of MAs. Robert Last edited by MrPip; 03-01-2007 at 08:40 PM. |
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LinkBack to this Thread: http://www.forex-tsd.com/manual-trading-systems/6179-skydart.html
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