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Request.............
Quote:
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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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Very much my sentiment as well, but let us see if anyone else feel the same way, Joe.
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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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Value added............
Suk, you continue to add so mcuh value to this Thread!!!! Thank you so much.
Two things first, please: You did not send the mq4 file of the "Chopzone" indicator and therefore I am unable to agdjust it. Just as my previous research indicated, this one is pretty slow as you can see from my screen-print that I attach here for you. If you believe in it, that's fine by me, but the method as it stands now, is far more accurate. i do not need any further slowing-down so to speak. Secondly, this latest addition is also in exe4 format. You notice that I share what I have freely. The only indicator that I shared with exe4-format I received fro Prasz who refuses to part with the mq4 file. I will test this Regression indicator only because I am interested, but in future consider sharing the mq4-files with us. Your analysis of the H1-chart is impressive, to say the least and I thank you for sharing that with us. I just do not see the "long shadow double top" you are referring to. What I see as significant is the Doji at the 06h00 - 07h00-candle, but more importantly, the fact that the price remained below the 8-EMA (and 15-EMA). The CT on the M5 is clearly marked also on H1 (see attached screen-print) I hope the Entrex proved itself yesterday on the H1-chart? Let us fine-tune this method for a real good winner. Best wishes.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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I don't particularly use chopzone, but it looked as though you had a sidewinder on H1 CCI. And chopzone is supposed to help with Zero-Line crosses I think - will need to research it. I don't know whether it can help with CCI or not. Entrex beautiful yesterday.
RE H1 I am referring to the test of the previous high (actually it is tested 4 times on the M30 chart) and then retracement down to below open...sell signal -- works even better on a 4hr chart. Bigger wicks tend to give better results. Requires study.
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LIVE Tradedesk thoughts. LIVE forex trader news commentary. suk1000k's FOREX LESSONS that will make you profitable trader, a relationship with London Forex Broadsheet and much more... PRIVATEFXCLUB.com Last edited by suk1000k; 04-15-2008 at 11:17 AM. |
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CZI_Heart looks same or similar to the ex4 I provided...
Here is extract from CCI forumz... "The Sidewinder is only used with ZLR. Green go, red no go, yellow maybe." My memory jogged about chopzone... Brown = market trending down Aqua = market trending up Multicolored = sideways --- stay away from zero line rejects In other words, these additions to CCI confirm/cancel zero line reject trades. When there is a zero line reject, if the trend is long and the sidewinder is green (or yellow) and chopzone is aqua, confirms ZLR should give some pips. If multicolored or if SW/CZ disagree it says trend is too weak to give confidence for ZLR. Video here with Woodie: Chop Suey Indicator CCI trivia. I have no idea whether this will help the system this thread (and poss the new thread) discuss... I personally am not for a new thread. Just my 2c.
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LIVE Tradedesk thoughts. LIVE forex trader news commentary. suk1000k's FOREX LESSONS that will make you profitable trader, a relationship with London Forex Broadsheet and much more... PRIVATEFXCLUB.com Last edited by suk1000k; 04-15-2008 at 12:59 PM. |
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Quote:
Something just stirred in me when I read about the "wicks" - I will do some research also and let you all know. Best to do on H1 and H4 charts, I think.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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