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| ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=875 |
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| Author: | disbellj [ Fri Oct 19, 2012 6:26 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
Yeah, got to work on it some more. Didn't work. But still progress is progress. Updated EA in last post I made. Don
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| Author: | coolncalm [ Fri Oct 19, 2012 6:36 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
I haven't. I am in no hurry to gamble on what price will do at MP. I may if/when it confirms either a break or a reject and presents an entry opportunity. |
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| Author: | coolncalm [ Fri Oct 19, 2012 6:37 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
Great work, Don! I will test this and povide feedback asap. |
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| Author: | GT3RS [ Fri Oct 19, 2012 6:50 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
I made a comment last night on this chart. You can read it here http://www.stevehopwoodforex.com/phpBB3 ... 071#p26071[/quote] Thanks CC. Would you take that deal yourself?[/quote] I haven't. I am in no hurry to gamble on what price will do at MP. I may if/when it confirms either a break or a reject and presents an entry opportunity.[/quote] CC. I'm getting rather confused and a little frustrated now. I thinkn that AUDUSD short was a text book setup according to your strategy, yet, you say you won't "gamble" around the monthly pivot! What gives!? |
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| Author: | coolncalm [ Fri Oct 19, 2012 6:58 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
Hi Jemook, Thanks for the constructive feedback. Its appreciated. Defining the pivots is indeed a highlight of the strategy and usable in other strategies. Having to use repainting indies for finding areas for entry with a good edge and identifying MTF highs/lows are presently the lowlights but since the system is indy-agnostic, the challenge will be overcome, one way or another (a non-repainting MTF alert indy is already available, leaving just the MTF TMA lines). An EA will allow the strategy to be back-tested without looking at repaints so keep an eye out for that. Throwing babies out of windows with bath water is a personal choice. Can't/won't dare to interfere with that. Cheers, CC |
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| Author: | coolncalm [ Fri Oct 19, 2012 7:31 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
You have asked for clarification before and I did tell you that a retrace (i.e. any **-RR) goes towards/ beyond MP after a higher TF alert. Now what is confusing about wanting to know which one it is before entry i.e. if the retrace does bounce before MP or break through it before entry? If a retrace entry opportunity occurs after the confirmation, the choice is clear. If I wasn't clear before, then my apologies - my English teacher must have taught me wrongly. CTS makes absolutely NO (again NO- repeated for clarity) attempt to second-guess price at MP. It never does/will. I don't know any successful randon walk predicting systems that do. I believe it is only best to follow fast upon confirmation. Price behaviour at MP is not a pre-determined CTS condition - it can't tell that price will not break through MP. All that it can prescribe at MP (especially at MP during a retrace) is confirmation first then entry. In fact, always observe first what price does at MP in a retracement before entry. It is the very first signal that a trend change may be afoot (and when a trend wants to change, it usually does regardless of what system the trader is using). Please if by chance, anything I have said above is unclear, let me know. Cheers, CC |
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| Author: | Jemook [ Fri Oct 19, 2012 7:42 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
LOL I had to look up that idiom Listen to the man. Don't just short at the pivot, wait for confirmation and then get in. |
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| Author: | coolncalm [ Fri Oct 19, 2012 7:45 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
I appreciate your effort thus far. Thanks. Though you sound defeated, I believe you haven't given up just yet, just pausing to find a better way of going about it, which is good. Really? Now wouldn't it be nice if another coder could build on your work, even if you couldn't take it further yourself (that can't happen if downloads are removed)? |
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| Author: | Baluda [ Fri Oct 19, 2012 10:53 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
Here's a small something for the CTS folks. This indicator shows the TMA Slope of the actual timeframe colored according to CC's specs. limitLow and limitHigh, now 0.55 and 0.80, are user configurable. Colors can be set too. Enjoy, Paul |
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| Author: | coolncalm [ Fri Oct 19, 2012 11:43 am ] |
| Post subject: | Re: ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS |
Oh my! The mod is just what the doctor ordered. Thanks!!! Just being hopeful, Paul - do you think the FastTMALine can also be modified to stop repainting? |
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