Well I am a teacher and school administrator. I am the only person I know that has taught every level from first grade all the way to PHDs and everything in between. This will be my last year teaching in a regular school. I want to go back and just teach oral English in a foreign country somewhere or .......... That was the easiest to do. Not so much work with grading, testing, reports, discipline, etc, etc.Nidolap wrote:Trading accordingly the CSS on the range area seems a great idea. I am no programmer but one idea to help us on the CSS would be to calculate the angles between those lines and give us the most potential trades. This used with the STO7 could provide a top list of potential markets to be watched closely.
Just wanted to ask you how you got the 60ma and 240ma, the 240 comes from the monthly 2ma but did you backtested it or found it on trading books?
I am not questioning the use of those, but this trading way is starting to be my bread and butter method and would really like to go deep on every detail.
Once again, thanks for all your time and effort. Have a great weekend!
The 240 is based on the monthly 2MA: 2x4 weeks: 8 x 5 days: 40 x 6 4H periods in a day = 240
The 60 is based on the weekly 2MA: 2 x 5 days: 10 x 6 4H in a day = 60
The 7 STO is just a lucky guess, actually it was the best one in my backtesting that matched up with the RSI 2 indi.
The CSS is based on the TMA one of the most attacked indies for lagging and repainting at Forex Factory but I took an interest in it. It morphed many times until we used it to measure the movement of all the currencies at once and come up with a general strength of the overall currency compared to the other currencies. Ended up being a really nice tool. There are so many contributors to this system, I couldnt even list them all. Anyway CSS lets us know 4 things.
1.Which currency is running the strongest.
2.Which currency is running the weakest.
3.Which ones are flat.
4.Which ones are running away/together with each other. That last one lets us know they are moving and should see some good trades.
The xxx.00 are much better to use than the grid numbers used in Empty4 and along with pivot lines gives us plenty of areas to enter and exit trades from.
Put all together is by far and away the best trading system I have seen. It is the only one that defines UT/DT trends, range, and gives specific places to look for them and anticipate where they will be in the future. By what I just showed you, you know where you want to buy, sell, or stay put. And you know exactly how bad of a position you are in if you are in the trade the wrong way. If you are range trading and take a sell but it busts out into a buy trend you know to forget it and just move on. I think this really takes the guess work out. Now it is just a matter of mastering it. Even I have to do that now.
