Simplified Chaos Trading
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thread: Simplified Chaos Trading

  1. #1
    Senior Member franl2's Avatar
    165

    Simplified Chaos Trading

    HicliqforexCommunity

    So, recently I've been analyzing https://en.wikipedia.org/wiki/Bill_Willi_(trader) turmoil trading and invested a lot of time viewing youtube videos relating to it.
    But seeing all these indiors on one chart isn't simple to read and I favor my chart to be simple and easy to read.
    Then I thought of changing that into a more simplified trading method where anybody can spot a trade with no effort.


    On the chart apply the following:
    1) Laguerre Filter - with period 0.4
    2) Fractal - two bars before and two bars after.

    Fractals Breakout using Laguerre Filter ()

    Feel free to contribute to the thread. Cheers!





    https://www.cliqforex.com/attachment...1810885670.ex4
    https://www.cliqforex.com/attachment...1348344447.mq4
    https://www.cliqforex.com/attachment...4279855210.ex4

  2. #2
    Senior Member franl2's Avatar
    165
    Hello. How I see it used here, Laguerre will always be supporting the price at the moment that fractals are broken, so not much of a filter afterward. I'm not sure I understand your point...
    Laguerre is used for confirmation only.
    When it's above the candles, we only look for Down fractal breakout and vice versa.
    The more fractal breakout is near Laguerre, the more accurate the transaction was.

    We can use Smooth moving average rather of the following settings:
    Phase 5 | Shift 3 | Applied to Median HL/2


  3. #3
    Junior Member
    1
    Only question, Should I buy before or after candle close?

  4. #4
    Senior Member franl2's Avatar
    165
    After candle shut. Fantastic ch

  5. #5
    Senior Member Rororo93's Avatar
    102
    Hi
    What TF are you mostly using for this method?

  6. #6
    Senior Member franl2's Avatar
    165
    Hi What TF are you mainly using for this particular method?
    I favor 1H
    However during London New York opening, I change to 5M or even 15M to ch a trade as early as possible

  7. #7
    The point of the alligator indior is to act as a filter if not exchange, provide a exit place, in addition to a breakout in addition to w/r line. New Trading Dimensions goes it over a lot better compared to Trading Chaos book, imho.

    If you want a cleaner chart and don't want the alligator lines, you can color code the bars to express the relationship of price to the alligator. The attached screenshot shows the alligator on the right and what I call alligator bars on the left. I also converted the fractal lines to straight lines.

    I really don't hand out my job, but someone in the Platforms forum could easily code up these for you.

    http://content.screencast.com/users/...aa25d/bw01.GIF

  8. #8
    ?ngel
    Guest
    So when you edit the fractals in mt4, do I change the fractal lookback to 1 or 2? And do I alter the offset or depart at 10?

  9. #9
    Junior Member Athtt's Avatar
    3
    Sorry NanoPip I would like to ask you that why my chart do not show whole function as your. Or it regular show only Fractal with no other line as your. thanks!

  10. #10
    Junior Member fisicomolok's Avatar
    2
    Hello, where do you normally take profit?

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