Typically yes, I'd be looking at a longer time frame first like the 60 minute to determine trade side eligibility. Recently however, I have gotten away from that because the risk is pretty small for me on this particular method. Also the win:loss frequency is usually well in my favor. I realize that this takes/took some time and considerable experience to develop....so my hallucination is just that...my hallucination.
This also describes, for me anyway, the major issue with the discretionary trader versus the algo or more mechanical approach. I have been trying to come up with a way that communicates well my approach to each trade. I'd say depending on what you view as primary risk that using one time frame up as trade side eligibility might be a good practice.
I will as time permits get the complete "view" available for anyone that cares to see it.
In this case the 60 minute would have NOT kept me out of trouble in that earlier posted potential sell. This is exactly why I believe that each individual should develop discretionary skills that work for them. That might not make sense but I will try in the coming days to dialogue that perspective as well.
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Even on the extended view I was destined to fail. Part of the game and as much as I hate it I have to keep in ming that trading, like golf, is not a game of perfect.
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(3) Have also added an option to use the ADXVMA to the SuperTrend U11. This is insofar related, as the Supertrend uses the same moving averages as the Bollinger Universal and Keltner Universal indicators.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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Yes, the displayed version of adaptive cci is the work of MWinfrey. Mike is a thoughtful and very able NT guy and I am grateful for his help and contribution. I think it might be difficult to make the display look like mine because Mikes starting perspective was a little different from mine. Here are my settings to get the display you see on my charts.
Yes, indeed the paint bar study that you created for me is exactly what I was hoping for. Here is an interesting note though. The other updated Heiken Ashe view that you created is, in my view, so pure and so visually appealing that it will be hard to remove it from my screen real estate. In the process of review and revise, which is constant with me, I find that your contributions continuously improve my view.
From the first day here on futures.io (formerly BMT), you have been a wise and prolific resource for me. I've gained from your perspective and you indicator contributions dominate my screens. Here is the question:
Beyond gratitude what might I do to express my appreciation to you?
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