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One indicator to rule them all


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One indicator to rule them all

  #111 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
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eboarder View Post
What about "one to rule them all" for the different parts in a trade:
  1. one indicator for: enter a trade - signal
  2. one indicator for: calculating initial itop loss
  3. one indicator for: trailing on the winning side

You can combine all three of them into one.

Then you can add three more indicators to simply confuse all people watching your charts.

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  #112 (permalink)
 
srgtroy's Avatar
 srgtroy 
Los Angeles, California Republic
Legendary  R.I.P. 1965-2023 
 
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One indicator to rule them all, one indicator to buy them, one indicator to ride the trend, or in the chop find them.

R.I.P. Roy Goldberg (srgtroy), 1965-2023.
Please visit [url="https://nexusfi.com/off-topic/60226-srgtroy-r-i-p-brotha.html[/url] for more information.
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  #113 (permalink)
 yiman 
London
 
Experience: Intermediate
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cory View Post
Fib expansion (F9) to figure out turn around points (retrace or reverse).

hi cory which indicator is producing just that cloud , in use something like that on mt4 but would like to do it in ninja or MC.

neither of those have the cloud indicators

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  #114 (permalink)
 
hunter548's Avatar
 hunter548 
western ny
 
Experience: Intermediate
Platform: ninjatrader
Broker: Amp Futures/CQG
Trading: 6E, ES
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yiman View Post
hi cory which indicator is producing just that cloud , in use something like that on mt4 but would like to do it in ninja or MC.

neither of those have the cloud indicators

Ichimoku

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  #115 (permalink)
 lblanks 
South Carolina
 
Experience: Intermediate
Platform: Ninjatrader
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Trading: 6E, ES
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TMFT:

Is there a way to avoid this chop? See chart from yesterday 6E


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  #116 (permalink)
 Family Trader 
Palm Beach County
 
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lblanks View Post
TMFT:

Is there a way to avoid this chop? See chart from yesterday 6E



First observation is that the chart covers the most difficult period to trade ....after 11 a.m EST. Liquidity generally drops like a rock,especially after say, 11.30 a.m. There are very few exceptions.

If you are a brave soul,you may consider counter trade the "trend"

Good luck.

Trader

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  #117 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
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lblanks View Post
TMFT:

Is there a way to avoid this chop? See chart from yesterday 6E

I know I'm not TMFT but @FamilyTrader is exactly right. Trying to trade 6e after 11am eastern is not the easiest thing to do. Prove it to yourself so to speak by looking at 6e charts for the last month and I suspect you will see the same behavior. I did the same for myself a while back and as a result, I quit trading 6e at about 11 every day.

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  #118 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
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lblanks View Post
TMFT:

Is there a way to avoid this chop? See chart from yesterday 6E


@lblanks

They should call this the THatManFromTexas squeeze.. it's old ... it's not fancy ... amazingly it still works...

Bollinger and Keltner both set to 2, 21


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #119 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
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MWinfrey View Post
I know I'm not TMFT but @FamilyTrader is exactly right. Trying to trade 6e after 11am eastern is not the easiest thing to do. Prove it to yourself so to speak by looking at 6e charts for the last month and I suspect you will see the same behavior. I did the same for myself a while back and as a result, I quit trading 6e at about 11 every day.

As usual....@MWinfrey is correct...

London market closes at 10:30 Central time

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #120 (permalink)
 
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 wldman 
Chicago Illinois USA
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If I trade to initiate in 6e after 10am cenrtal time I have a guy here that chops off my index finger with a dull axe.

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