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I did not mean to insult you. I just thought that the question was funny.
Mike360,
I'll have to back up jturns on this one. What you're asking is a bit out there (you're new right?). I'm sure he didn't mean any harm by it.
Here's my attempt at helping you out. Forget about the indicators, and simply trade pivot breaks on the 1 min in the general trend direction. I created a thread a while ago detailing a strategy I used back in the day. The thread is called Day Trading and can be found here at TSD. Do a search for it, if you're interested.
I'll have to back up jturns on this one. What you're asking is a bit out there (you're new right?). I'm sure he didn't mean any harm by it.
Here's my attempt at helping you out. Forget about the indicators, and simply trade pivot breaks on the 1 min in the general trend direction. I created a thread a while ago detailing a strategy I used back in the day. The thread is called Day Trading and can be found here at TSD. Do a search for it, if you're interested.
Yea, i'm relatively new, but i've done pretty well so far.. gettin' like 20 pips a day..
Can someone help me with an indicator that would aid me in identifying solid uptrends and downtrends just before they happen on a 1 minute chart ? MACD seems useful, but I can't seem to tweak the settings correctly to suit my purpose.. I appreciate any feedback to this question in advance..
mike360,
Not sure if this will help you, I made it quickly for you. It looks at the last 10 bars that have occurred from the previous bar. It shows comments on the chart as to the percentage of up, down, and non changing bars. It will work on any time frame.
Last edited by wolfe; 09-22-2008 at 12:57 AM.
Reason: code change
Not sure if this will help you, I made it quickly for you. It looks at the last 10 bars that have occurred from the previous bar. It shows comments on the chart as to the percentage of up, down, and non changing bars. It will work on any time frame.
I appreciate that. Thank you.. I just added it to my charts. I'll let ya know how it goes..
Linear Mode
