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Scalping the DOW
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Scalping the DOW

  #31 (permalink)
 Vendor: www.tradersforce.com 
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D9 System file

guys ,

here is some visual aid that i use to plot on my chart
this strategy shows on the main chart when D9 crosses above 0.

if someone knows how to include the BB rules in it that will be great

enjoy .

Ban

Attached Thumbnails
Scalping the DOW-str.jpg  
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Register to download File Type: cs D9System.cs (22.0 KB, 164 views)
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  #32 (permalink)
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Just a reminder to all, the d9 indicator series is for VIP's only, so don't repost the indicator itself here. (Ban did not, I just wanted to mention it up front).

Mike

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  #33 (permalink)
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hey Mike ,

No worries, i will not publish this indicator

thanks

Ban.

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  #34 (permalink)
Just a boy
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Hi Ban,

In that image you attached with the auto drawing of the vertical lines ... why has it not drawn a long at 9.58 and a short at 10.09?

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  #35 (permalink)
Just a boy
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banbrooke View Post



now you asked your self why i didnt take the cross down below 0 after my first trade , and the answer is look at the Detrend values and the predict value which show higher reading at that time so i skipped the short and expected divergence

which gave me the second trade.


ban.

Hi Ban,

This quote is from your commentary on your 10th November trades. I am still struggling with what you are looking at here to have kept you out of this trade. Firstly the slope on the Predict graph line is down and is at divergence with the slope on the price chart which is up - this would suggest prices are going to go down thereby giving support to the trade.

If you are looking at the Detrend and Predict values in the right hand corner and not taking the trade because Predict is a higher number than Detrend (and it should be lower to support going short); then as I said in an earlier post today you would never take any of the signals as the Predict number always seems to be higher than Detrend when a short is about to be signalled and opposite for a long ie converse to what would appear logical.

So in summary I am confused to exactly what Predict and Detrend numbers/lines you were looking at to keep you out of that short, but that wouldn't have stopped you taking all the profitable trades yesterday and today.

I appreciate your patience with me.

By the way I am not trying to find the Holy Grail that never losses, but I just want to be clear on the signals/rules so I can see that this system does have a positive edge and will help keep you out of chop/congestion.

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  #36 (permalink)
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In the following trade (and in general), for the exit, do you wait for a close beyone your Triple EMA or simply any intrabar touch?

Trade 1:

as you can see in the chart (posted below) price bounced from the low BB i waited for D9 cross above 0 place my stop below the BB and prices never looked back

i trail my stop one tick below the blue Triple EMA line (never get stopped out)

exit when my trail stopped at the Triple EMA line

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  #37 (permalink)
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hey steve ,

this is what the automatic strategy plot not me

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  #38 (permalink)
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when i look at the predict numbers i am looking at them ONLY when we get to the lower part of the bands , monitor tomorrow those values when prices get to high/low of the bands and you will see that detrend will be lower then the predict and then you know that reversal is coming also good indication if the dots on the 0 lines that show prices will bounce soon.

i will try to make a video with market replay but i dont know when

ban.

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  #39 (permalink)
Market Wizard
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JohnPS View Post
Hi Banbrooke,
I looked at the screenshot in post #7 - in it you have a TripleEMA(True,4) indicator. I cannot find this anywhere to add to my indicator set as you show. Please help with a link to the indicator,
Much appreciated,
John

go to elite section, look for triple EMA thread.

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  #40 (permalink)
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banbrooke View Post

i will try to make a video with market replay but i dont know when

ban.

Thanks Ban, a video in due course would be great for that final clarification - just to ensure my slow brain has interpretted you correctly.

Whenever you get a chance - no pressure

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