Trend-tracking trading systems - page 5
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It's actually much simpler...And in my opinion graphing on M15 and even in the confines of the day is a dashing self-delusion...
what's simpler? I can't understand anything in your drawing... Where's the Trend? How did you define it? Your entry point in the figure, at the opening of the Exchange, is the entry point determined "retroactively".
Where are your entry points? How do you set the stops? And how do you take the profit?
#3308
#3308
no one understands you
what's easier? I can't make out anything in your drawing... Where's your Trend? How did you define it? Your entry point in the figure, when the Exchange opens, is the entry point determined "retroactively"
and you made up the trend. More precisely in the noise and natural cycles of the lower TF you see what you want to see, not what is there.
My figure is a counter-thesis to your graphical layout, it simply illustrates what happened without "Dips", "Rising Corrective Pullbacks" and other nonsense with capital letters (!!!).
And you have invented the trend. More precisely in the noise and natural cycles of the lower TF you see what you want to see, not what is there.
My figure is a counter-thesis to your graphical layout, it simply illustrates what happened without "Dips", "Rising Corrective Pullbacks" and other nonsense with capital letters (!!!).
The Trend was not invented by me, the first definition of the Trend was given by Charles Dow, over 100 years ago, and it was successfully used after him, successfully used now... I have account monitoring in my profile, it is trading on Trend, which is defined by tops and troughs...
What I'm drawing is an objective reality that you can rely on.
So I didn't make anything up
no one understands you
No, they don't...
Well, does everyone understand you?
More precisely in the noise and natural cycles of the lower TF you see what you want to see, not what is there.
My figure is a counter-thesis to your graph layout, it simply illustrates what is happening without "Dips", "Rising Corrective Pullbacks" and other nonsense with capital letters (!!!).
there is no noise in the market... The noise was invented by those who do not understand what's going on, if you don't understand it, what should you do? That's right, move aside, pretend nothing is going on... Nothing happens on the Intra-Hour Interval, there's fluctuations that mean nothing. So if it suits you, then live with it, but why teach others nonsense?
Well, does everyone understand you?
Not everyone, but you can figure it out (IMHO), you take a chart and draw a Trend, a Downtrend: each successive Trough and Top is lower than the previous one
Does the Trend on the chart meet the definition given by Charles Dow 100 years ago? If not, why not?
If it does, then confirm...
Not everything, but you can figure it out (IMHO). You take a chart and draw a Trend, a Downtrend: every subsequent Dip and Top is lower than the previous one.
As you see, the market does not really care what you draw, you can draw a lot of things on the history, it's been done a long time ago.
SZZY: If the trends do not work according to your drawings, go to the "three screens of Elder" system. It's easier there - if the forecast is not successful, you have the wrong time frame ))))
ZZZY: the next step usually sounds like: it does not work on currencies, because the analysis was created for stock trading .....
To pretend that nothing is happening... Nothing happens on the Intra Hourly Interval, there are fluctuations that mean nothing. If that suits you, then live with it, but why are you trying to teach others nonsense?
Well, this is what you do too, turn on the strategy tester in visualization mode, press pause, draw a markup and look at your forecast in the tester.... - although few people test themselves that way, usually they draw, trade, then draw again....
Unfortunately the market does not really care what and where you draw, the history can draw a lot of things, it's been done for a long time.
SZZY: If the trends stop working according to your drawings - go to the "three screens of Elder" system, it's easier there - if the forecast is not successful, well, then you have the wrong timeframe ))))
ZZZY: the next step usually sounds like: it does not work on currencies, because the analysis was created for stock trading .....
that's what you do too, turn on the strategy tester in visualisation mode, press pause, draw a markup and look at your forecast in the tester.... - although few people test themselves that way, usually they draw, trade, then draw again....
What makes you think that the market does not care about my drawings? Have you read it in books? And that you passed there a long time ago? I doubt it... but the fact that you repeat after fools is clearly visible.
Elder's three screens are inaccurate on the Trend...
I don't need to race something in the tester, I've already made more than 1,000 trades using this TS, and everything works, the price is following the Global Trend...
My confirmation is the statistics of the account ... How do you argue with it?
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I don't think so... If I'm wrong it will work for me.