Up and Down with TT
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thread: Up and Down with TT

  1. #1

    Up and Down with TT

    Good day to you,

    This is a continuation journal of the prior one began, where I investigated and attempted to exchange cycles. The main reason for the new diary, is to get things organised and concise.

    Moving Averages are still utilized as the Core of the system. I have yet decided to employ Volume to Weighted MA since the motorist. Applied using a simple fashion indior, it is extremely possible to scalp successfully as well as enter longer term transactions.

    Today - we understand that MT4 volume sign is far from ideal - some may say it is total rubbish - but it may be good enough to give an advantage. It remains very important to me to employ stuff with as little lag as possible. I do not wish to enter transactions when a possible move is 80% done. I wanna get in as soon as you can, but with a positive anticipation.

    Here is some of the rationale as to why Volume of MA will be implemented:

    A Simple Moving Average ( say 200) - calculates the average price within the established quantity of bars - giving equal value to all, even the Price of 200 periods ago. Weighted MA provides more importance to the latter price, rather than the earlier price - in concept giving faster change, or then a motion closer to the current PA..

    Adding volume to the, the MA will instead attempt to follow average volume coupled with PA.. Nutshell. In this, I can then apply Triangular Moving Average crosses to find possible legs / cycles or waves. An individual can also scalp away excess moves from the Volume WMA because of risky setup ( within the bigger framework) to take advantage of both directions.

    It all seems wow - but it is actually an extremely fundamental egy.

    I shall post the indiors and template soon, as well as a few charts.

    Regards

  2. #2
    The chart should appear like this, when all is installed properly.

  3. #3
    Great evening to you,

    Rather than attempting to explain all of the variations that can be traded, based on your own risk apatite, I shall rather post a few transactions, as I take them, and explain the reasons why, as well as what I am looking for/at when trying the several trades. Important to depart the zoom according to the template - do not get in too close.

    You can at the interim appearance and adhere to the charts and see if you can see repetative signs that may create a favorable outcome.

    All of the best

    Regards

  4. #4
    Junior Member annaperwz9's Avatar
    11
    I´m following here

    Greetings from Germany,
    Dietmar, DL4HAO

  5. #5
    Junior Member misr9's Avatar
    18
    Will be after as always!

  6. #6
    Member dacbb's Avatar
    30
    I'll be following too. Looking ahead!

  7. #7
    Junior Member Copipk333's Avatar
    17
    I Am after Too

  8. #8
    Great day to you ,

    I've thought long and hard as to the way to describe myself better with regard to the way I trade this. It remains a challenge.

    First up, I made a mistake once I posted the template on one of the settings. Please switch to the attached template

    More to follow.

    Regards
    https://www.cliqforex.com/attachment...5475226908.tpl

  9. #9
    Good day to you,

    The attached chart gives you the basic idea. I look at the chart to find areas of weakness and areas. These are general areas. This I decide by the green line ( volume WMA) at the underside indior. When it shows itself, I will only look at buying dips, if it's hidden, I will only look at selling shirts. Where are these tops and bottoms?

    That's for you to decide, by applying your own trading style. You can use trendlines, channels, fibs, HL, HH LL. That's up to you. If you're seeking accurate, spesific entrance and exit points supplied - this you won't get here.

    This, in short, is my advantage. It feels weird at first, but you do get used to it.

    More later.

  10. #10
    Good day to you,

    The attached chart on EJ shows you one of the basic ways to look for opportunity. The Volume WMA's fan out - coupled through SR levels with a rest and the trend indi direction.

    See if you can make it work for you.

    Regards

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