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  #121 (permalink)  
Old 07-29-2006, 02:33 AM
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Quote:
Originally Posted by Shahzadfx
Thank you for asking and sorry for not putting picture.
Here is little explaination thru pic. I will explain more in more pics soon. This is just a quick note.
Rgds,
sfx
edit: mattern=pattern in pic
Hi traders,
Little explaination:

Advantage of matching short term trend with long term trend:
We don’t want to trade against LT trend. By putting two more clone trend traffic with bigger time frame provides us clear indication of trend, therefore we don’t play against bigger trend. Personally I don’t like putting lot of indicators.

Why below .0012 boundary?
If long term trend is more then .0012 boundary unless and until divergence is clear same pattern or direction of trend will not be reason of trade. LT trend should be below .0012. It authenticates LT trend weaknees. My ‘A grade’ trade will be developed when LT trend is below or around .0003 boundary. It represents that LT trend is weak so we can rely on short term trend direction.

Red Line crossing white line:
If above two points held constant, then its mean ready to rock and roll. Some time I take trade at this point if my volatility (standard deviation or variance) indicator supports.

Red line crossing the blue line:
It confirms, both, short term trend and relatively long term trend are in harmony - delayed but secure way to enter into the trend (the only reason I don’t like indicators). Sometime this whole wait will eat up all move.

BBMACD:
I use several volatility indicators but the nature of this indicator is in line with trend traffic. It shows ranging market when bends are narrow and it, itself shows the short term and long term directions. When dot is green it is upward and when it is red it is downward obviously. However, if more near the dot is to same color line the more chances of move we have on that direction. On the other hand, below zero line represent comparatively medium term down trend and vise versa.

Last but not least:
I almost always refer long term time frame charts, especially 4hr, any candlestick formation or major moving average support and resistance prevent me to dive into the trade.

My 2 cents.

Rgds,
SFX
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  #122 (permalink)  
Old 07-30-2006, 02:34 AM
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Quote:
Originally Posted by Shahzadfx
Hi traders,
Little explaination:

Advantage of matching short term trend with long term trend:
We don’t want to trade against LT trend. By putting two more clone trend traffic with bigger time frame provides us clear indication of trend, therefore we don’t play against bigger trend. Personally I don’t like putting lot of indicators.

Why below .0012 boundary?
If long term trend is more then .0012 boundary unless and until divergence is clear same pattern or direction of trend will not be reason of trade. LT trend should be below .0012. It authenticates LT trend weaknees. My ‘A grade’ trade will be developed when LT trend is below or around .0003 boundary. It represents that LT trend is weak so we can rely on short term trend direction.

Red Line crossing white line:
If above two points held constant, then its mean ready to rock and roll. Some time I take trade at this point if my volatility (standard deviation or variance) indicator supports.

Red line crossing the blue line:
It confirms, both, short term trend and relatively long term trend are in harmony - delayed but secure way to enter into the trend (the only reason I don’t like indicators). Sometime this whole wait will eat up all move.

BBMACD:
I use several volatility indicators but the nature of this indicator is in line with trend traffic. It shows ranging market when bends are narrow and it, itself shows the short term and long term directions. When dot is green it is upward and when it is red it is downward obviously. However, if more near the dot is to same color line the more chances of move we have on that direction. On the other hand, below zero line represent comparatively medium term down trend and vise versa.

Last but not least:
I almost always refer long term time frame charts, especially 4hr, any candlestick formation or major moving average support and resistance prevent me to dive into the trade.

My 2 cents.

Rgds,
SFX

Until now I have been using TT only for trend market. Now I am thinking about using it for reversal. Let’s see how it will develop. I will use my secrete system on longer time frame for reversal and use trend traffic on lower time for confirmation. Hope it will work.
Rgds,
SFX
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  #123 (permalink)  
Old 07-30-2006, 07:42 AM
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Good luck with it and hope your secret system works Will be looking into this indicator when I have some more time, thanks for the updates.
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  #124 (permalink)  
Old 07-30-2006, 06:59 PM
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Quote:
Originally Posted by creztor
Good luck with it and hope your secret system works Will be looking into this indicator when I have some more time, thanks for the updates.
I am just kidding about my secret system.
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  #125 (permalink)  
Old 07-31-2006, 06:51 AM
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I know man Good luck with it will be following your progress, thanks again for the updates.
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  #126 (permalink)  
Old 07-31-2006, 03:18 PM
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very interesting

Quote:
Originally Posted by linuxtroll
That's my point -- Speed is there but Trend Traffic is lagging -- Already 88 pips in eurusd using MMAs...

I am only using MMAs for scalping... HA candles helps too... I am used to M1 chart; but dual M5/M15 combination will give great scalping results too... Easy scalping method: when M1 and M15 HA candles give you the same color jump in and ride the wave -- if market goes against you or did not move in your direction within 6 min exit with a small loss...

Now testing your trend traffic... which is similar to Trend Strength indicator crossing, which aids scalping in M1 or any other time frames... You can also use M15/M30 combination for more pips and swing trading; H1/H4 for position trading and finally D1/W1 for investing...

I prefer scalping because I can use more leverage and lots (compounding) with less risk and proper money management; no need to sit and monitor... Just quick in and out with low spread currency pairs (not for newbies -- need to fine tune your brain and indicators -- must trained to acheive 80-90% hit rate)...

Hope this helps... Let's see whether Trend Traffic can be tuned and aid scalping (If you check the picture again, it is lagging than HA candle or MMA)...

Cheers,
Hi linuxtroll,
Can you please post more details about your strategy? It seem very interesting. Thanks!
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  #127 (permalink)  
Old 08-02-2006, 09:13 AM
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All odds are not in favor of USD, still i am taking this st reversal trade. We can avoid LT view while playing short term reversal with reasonable profit target.
Let see how it will develop.
TC,
SFX
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  #128 (permalink)  
Old 08-02-2006, 01:11 PM
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Quote:
Originally Posted by Shahzadfx
All odds are not in favor of USD, still i am taking this st reversal trade. We can avoid LT view while playing short term reversal with reasonable profit target.
Let see how it will develop.
TC,
SFX
Excellent please keep us updated
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  #129 (permalink)  
Old 08-02-2006, 02:18 PM
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For trend on the larger TF, the slope of the blue line (up or down) is trend direction correction? Regardless if it is above or below 0 line?
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  #130 (permalink)  
Old 08-02-2006, 03:52 PM
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Quote:
Originally Posted by creztor
For trend on the larger TF, the slope of the blue line (up or down) is trend direction correction? Regardless if it is above or below 0 line?
Yes, however, if it is within the boundry of .0012 region. Slope will not be considered favorable for directional determination if it is situated outside this boundry. Slope will be in favor of direction if it is inside that boundry. For example if the slope is upward and it is below zero and/or below .0012 boundry then i will not consider this trend upward as trend is very strong. Another example can be like on the other side if slope is downward and it is making above the zero but below .0012 boundry then the trend is downward way to go. Hope it will help.
Rgds,
SFX
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trend traffic, trend, TREND STRENGTH, rainbow, trend strength indicator, Trend Traffic indicator, linuxtroll, trendstrength, trendtraffic, i Trend, heikin, BBMACD, Trend Traffic mq4


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