Who trades on levels share their experiences - page 61
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
From an economic point of view, only a few levels are meaningful and are determined at specific points in time.
For example, who knows what's going on at 16.00, will easily mark out all the others.
Maxim, a couple of days ago I showed you why I think the Eurodollar will go down, just in half an hour this pair went down) Long range forecasts are complicated and thankless, but intraday it can be predicted
I think everything can be done. I will think about your idea for a day.
You can use this template, it is an old one, written in 2009, but working and almost ready with modifications for our TS
Maxim, a couple of days ago I showed you why I think the Eurodollar will go down, just in half an hour this pair went down) Long-term forecasts are difficult and thankless, but it is possible to predict intraday
I drew the script, I may have to hand-draw it
maybe it will help someone (you in particular)
The price tends to "close" these levels. If it does not close, the market will "volatility", too many people are "hit".
Yes, these are round prices in multiples of 0.00250
Levels are difficult to implement. There is a difference, but a radical one.take as levels the moments of movements from takeovers from the daily market - it's the easiest thing to do.
The question is not about levels, the question is how the volumes (think of them as decision points) are located around the levels.
The question is not about levels- the question is about the placement of volumes (think of them as decision points around levels).
Vit_Muz_ATR_Indicator Ver 1.0
Builds levels in the current day of the average ATR of several previous days. So far, there are two levels: full ATR and its half, above and below the opening price.
The price hardly reaches the third level of 1.5*ATR. Maybe it is not necessary at all.
We could consider collecting statistics on the dependence of the size of the current day's movement on the size of the average ATR of the previous days.
Vit_Muz_ATR_Indicator Ver 1.0
Builds levels in the current day of the average ATR of several previous days. So far, there are two levels: full ATR and its half, above and below the opening price.
The price hardly reaches the third level of 1.5*ATR. Maybe it is not necessary at all.
You might think about collecting statistics on the dependence of the size of the current day's movement on the size of the average ATR of the previous days.
Yes, exactly what is needed. 1.5*ATR is really not needed.
It remains to be carefully considered what use can be made of it.
Thanks!
Here's the stretch that didn't lend itself to the pattern of a pullback, from last day's line.
Vit_Muz_ATR_Indicator Ver 1.0
Builds levels in the current day of the average ATR of several previous days. So far, there are two levels: full ATR and its half, above and below the opening price.
The price hardly reaches the third level of 1.5*ATR. Maybe it is not necessary at all.
You might think about collecting statistics about the size of the current day's movement depending on the size of the average ATR of the previous days.
It's a bit of a wrong logic.
The ATR should be the daily ATR for N(5) days
ATR, candlestick body and tick volume are all about the same thing. Same eggs side by side :-)
from the start price =X a curve line is drawn using the formula X+sqrt(sum of_past_types). It is 1 sigma of the movement. Two more are 2 sigmas. At the end of a typical day they will fall into the lines you have drawn pro atr. And on a large scale they will form a kind of gan grid.
I'm being kind today :-)