10.4 A Complete System

[Dewey McG]

Thanks, Dewey McG. I did consider that but I discounted it because the RSI2 showed a kink and the advice was to get out of the trade when that happens.

In this case, the RSI "stutter" actually preceded the orange bar and should have been a signal to get out ... by my understanding.

WHat Bob says is this "RSI 2 does a stutter. When we see RSI 2 stutter we immediately pull our SL up and place just below the last S/R/MR line or MS line if it is in play. This week price did not go below the MR1 so it continued and entered at B."

When the RSI stuttered he says to pull your SL's up higher which would have been the MR1. It did not go below that so he stayed in the trade that was entered at A. By the time he enters B the AO has already turned green again.

[xrismak]

Dewey McG,

How do I change the NONPROPFRONT, please any tip on achieving this will be very Much Appreciated.

Many Thanks
xrismak.

Right click the screen and select indicator list. Then select Baluda 6.2 SlopeStrength v 1.0 and edit. Look for the varaible named NonPropFont (see PIC). Double click the value box and type in the name of the font you want to use. Kokila works for my screen so the symbols don't overlap.

Want a list of fonts to try out? Open your word processor (MS Word, Open Office, etc.) and open the drop down menu for fonts so you can compare.

Tip: If you change the nonpropfont to something different you can make your info page look cleaner to the symbols don't overlap. I used Kakila on mine.



Dewey McG,

Thanks , You are a Super Star, this looks much Better now that it's done your way...

Appreciations,

xrismak

[Dewey McG]

Thanks, but I am just a minor player. The REAL superstars are Bob, Steve, Baluda and others who created this system.

[Dewey McG]

An observation from a losing trade that could have been a winner:

Bob mentions using the AO as confirmation for an entry, which would have made a difference on my EURAUD trade. If I had waited for the AO to change color it would have been a winner instead of hitting SL.

[fire580]

I can't find this... I may have missed it, but are you guys entering current bar or close bar and does that histo repaint?

Thank You,
Fire580

[Pueo]

Hi guys, I'm really excited about how this strategy can give us good trades and keep us out of trouble!

I thought I would share something with you. I put together an "at a glance", weekly bar trend terminal so it gives me a quick visual on which pairs I am interested to trade for each week and which ones I prefer to avoid.. 8ma open (monthly 2ma x 4 weeks) and a 4ma open (this virtually represents a 2 week trend and helps show which pairs are in a smooth trend). I also put a 120 lwma open on my chart to give a heads up when the pair appears to be shifting trend.

[lhDT]

An observation from a losing trade that could have been a winner:
Bob mentions using the AO as confirmation for an entry, which would have made a difference on my EURAUD trade. If I had waited for the AO to change color it would have been a winner instead of hitting SL.

Not sure if it's a good idea because I think the purpose of the RSI2 is to place pending orders only, whatever the AO is. (-> correct me if I'm wrong)
I think the AO is just there for manual entries ? (color change in a trend with MA240 as SL). (-> correct me if I'm wrong)
My EURAUD made +45 pips today. You notice how your H4 candles differs than mine due to broker server time ?

[Eamonn]

Hi,

Plus if the 240 ma is as close to that support line, it makes sense to put your stop just below the WS1

Eamonn.

[lhDT]

Hi,

Plus if the 240 ma is as close to that support line, it makes sense to put your stop just below the WS1

Eamonn.

Indeed, my SL was 10 pips below it (support).

[bshoe24]

I'm not complaining just asking... Is there anything in the future that can be done to make the indicators in this system less cpu intensive? I have already replaced my template (to fix the error msgs), changed 2000 bars to 200, and reduced the pairs to about 16 charts open. I have this terminal running alone on an XP vps on my private dedicated ESX5.1 physical server (HP DL380 G5) and it pegs the assigned cpu core to 100% persistently after some time.