boldtrader » Mon Mar 10, 2014 3:56 am wrote:
Also...I am also expecting EURJPY to retest 141.50 and 141.00, to retest those broken resistance levels. I am short from last week after closing out longs.
Hi Boldtrader, can you pls share your thinking process to go short on EURJPY ?
Art - close Empty4, delete the MQ4 version from the indi folder, copy over the ex4 with the one listed above, restart Empty4 and it will work. It doesn't compile but if you use the ex4 (precompiled) it works.
I have been using Tma bands for a while now with Bobs system and it has very effectively helped me get into the trend with Bobs system.
The indicator I use is The (Tma fast line). My settings are:
T/frame - 60
Tma period - 20
Price - 0
Atr Multiplier - 1.272, 1.6185 and 2 ( You load the indicator 3 times with these diff settings)
Atr Period - 100
Trend Threshold - .50
Show center line - True.
This is very similar to bold Traders methods and certainly has helped me get into trend and c/t trades. I am currently in aus/yen buy see attached
Hope it helps.
You do not have the required permissions to view the files attached to this post.
hi spot I'm using wave garlicky last post Indies I put both the ex and my Indies in the folder, neither would load, but will try again when I get back later cheers
I have been using Tma bands for a while now with Bobs system and it has very effectively helped me get into the trend with Bobs system.
The indicator I use is The (Tma fast line). My settings are:
T/frame - 60
Tma period - 20
Price - 0
Atr Multiplier - 1.272, 1.6185 and 2 ( You load the indicator 3 times with these diff settings)
Atr Period - 100
Trend Threshold - .50
Show center line - True.
This is very similar to bold Traders methods and certainly has helped me get into trend and c/t trades. I am currently in aus/yen buy see attached
Hope it helps.
Hi Wavegarric - Does the indicator u posted (Fast TMA line) repaint after the candle is closed (based on subsequent price action)?
The Tma lines remain where they are painted in real time and do not adjust themselves afterwards. I prefer to use this to look at the slope and the strength of the trend but it does help me in getting back into the trend especially with Bobs system. Correct me if I am wrong, Best to look at it and make an assessment.
That is one dang impressive filter. Notice I just take STO7 signals with price on the outer edges of the TMA and you have some really nice trades there. Greens are buys and whites are sells. I marked the STO7 signal with TMA band. Enter at the xxx.000 lines or xxx.050 lines.
CSS reads will could give you the direction you could get the most pips. Will play with this.
You do not have the required permissions to view the files attached to this post.
The Tma lines remain where they are painted in real time and do not adjust themselves afterwards. I prefer to use this to look at the slope and the strength of the trend but it does help me in getting back into the trend especially with Bobs system. Correct me if I am wrong, Best to look at it and make an assessment.
Hi Wavegarrick,
Thanks for the quick reply. I observed it on M1 time period (just to see whether it repaints) and infact it does repaint. E.g. I observed the center line and its colour... and both position and the colour changed after a particular candle is closed based on subsequent price action. Maybe in higher time frames the impact is not much but I wouldn't know to comment.
I have been looking for a non-repainting version of the TMA (Especially the one which have the center line in three coulors - Green-Red-White) but no luck. Do let me know if you have any info on it... Tks !
P.S. Apologies for posting something not relevant to Bob's method !
D
Last edited by darshanag on Mon Mar 10, 2014 11:17 am, edited 1 time in total.