10.4 A Complete System

[lhDT]

The most difficult call will be the AO changing color but the RSI2/STO5 not breaking through the histograms showing the move still has strength.

I've understood the pending order based on RSI2 and the warning and/or exists signals made by AO but I don't get the RSI2/STO crossing the histogram.
There is something on that RSI2/STO crossing AO ??

[Mike]

The most difficult call will be the AO changing color but the RSI2/STO5 not breaking through the histograms showing the move still has strength.

I've understood the pending order based on RSI2 and the warning and/or exists signals made by AO but I don't get the RSI2/STO crossing the histogram.
There is something on that RSI2/STO crossing AO ??

Bob refers to his new template (Update 1), which is based on Sto and no longer on RSI2, so it would be depending on your setup either RSI or STO not breaking through.
A not very good example would be NZDJPY friday (RSI2 trying to cross, AO changing color, RSI2 coming partially back, AO changing color again.)

[Mike]

Some lessons learnd this week:
Having pending orders I have to regularly watch the charts and trail the pending entry
Every chart needs an individual trade management follow-up.

Several charts have prices close to the MA240 and I am looking at signals where to trade to the MA240 instead of trading away from it: right now I will counter-trader pairs with a flat MA240 AND a slope value W1 between -0.4 and < 0.4. Just an idea, I will see.
Mike

[art]

hi guys,new here, great system trawling through everything, my stochastic runs off the top and bottom of the screen, so i cant see where it flattens, can anyone help, cheers

[pips400]

hi guys,new here, great system trawling through everything, my stochastic runs off the top and bottom of the screen, so i cant see where it flattens, can anyone help, cheers

If you're using Bob's latest template, then the Stochastic is behaving correctly, because it's set to 20 fixed minumum, and 80 fixed maximum. Basically this is where it "runs off the top and bottom" and equates to flattening of the RSI2.

[MurphyMan]

Hey fellow Dummies, with Steve's concurrence I started a 10.4 for Dummies thread. See it here:

http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1504

[art]

thanks for that pips, yep using correct settings but cant see the flat top or bottom, it doesnt look like bobs on his charts where you can see the tops and bottom, mine just runs into the top of the box

[MurphyMan]

thanks for that pips, yep using correct settings but cant see the flat top or bottom, it doesnt look like bobs on his charts where you can see the tops and bottom, mine just runs into the top of the box

For your answer, go to the Dummies thread. http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1504

[pips400]

thanks for that pips, yep using correct settings but cant see the flat top or bottom, it doesnt look like bobs on his charts where you can see the tops and bottom, mine just runs into the top of the box

If I'm understing this correctly, you're looking at charts with the NT TMA True Slope/RSI2 indi which does show the flattening out. But this was causing some problems, so there is an alternative to use the Stochastic instead which does a similar job. But to simulate the RSI2 with the stochastic, rather that seeing the flattening out, instead it's cut off at the 20 and 80 levels, so where you see the signal disappear, then that's what you're looking for as the equivalent to the NT TMA True Slope/RSI2 indi. I hope that makes sense.

BTW welcome to the thread.

[SteveHopwood]

I have coded V1 of the trade manager. Details at
http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1492