learn how to earn money villagers [Episode 2] ! - page 460
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Fibo could probably also be included. It would be a little easier for analysis.
Fibo probably won't work - there is almost no certainty %50 to 50% that the price will roll back to this particular level - I thought there was only 12% of coincidence that the price is 32.8 or less or more and will roll back - i.e. the tool is not reliable to me...
well - it's all a matter of practice... I just got used to my bars and have been seeing them for over 15 years - and Fibo needs to be looked at...
but that's not the point - it doesn't matter what particular trader uses the method to determine levels... the main thing is to calculate the levels of shares - and develop a plan b - in case of a pullback :)
well - it's all a matter of practice... I just got used to my bars and have been seeing them for over 15 years - and Fibo needs to be looked at...
but that's not the point - it doesn't matter which specific trader uses the method of determining levels... the main thing is to calculate the levels of shares - and develop a plan b - in case of a pullback :)
There you have dotted lines and bold lines, what does it depend on? From different TFs?
No - dotted lines - they are single, so to speak - they are from all extrema - but
- if the price reached such a level and rebounded from it - the line becomes thicker - and the more often there was a rebound from the line - the thicker (more significant) the line becomes...
No - dotted lines - they are single, so to speak - they are from all extrema - but
- if the price reached such a level and rebounded from it - the line becomes thicker - and the more often the rebound was, the thicker (more significant) the line becomes...
I see. Are these lines created on M5 or M15?
I see. Are these lines created on M5 or M15?
As far as I understand, they are the same.
How often you draw them depends on your wallet :-) it's largely just a matter of averaging or fills.
although it's worth listening to the author
it's an old topic from Trader Neo - I'll find the description and post the text here - it shows How to draw lines - Why dips form (by themselves from the price :))) - and how to roughly what to count...
it's an old topic from Trader Neo - I'll find the description and post the text here - it shows How to draw lines - Why dips form (by themselves from the price :))) - and how to roughly what to count...
while looking...
i know 2 ways :
1) how to calculate such lines from statistics, I wrote somewhere in Dimitrievsky's branches. Exactly, we discussed his article... it's quite simple, but it's resource-intensive - you just have to do a head-on calculation of the angles the price moves through :-)
2) it is possible to analytically calculate from volatility and tick volumes, which everyone spits on out of ignorance (the result is on the screenshots above)