AHG - Profitable Strategy for Struggling Traders

Vienna,

Ya every add should be a trend confirmation that also happens to be a retracement.

Anek

 

Anek, are you familiar with "snap mode" on the drawing dropdown menu? It will put that white square directly on the actual high (2204.00) and low (2145.75) for better accuracy (for the totally anal! )


I also lost a little money today, but strangely, I am encouraged because I am getting closer to doing the right thing. I was usually going the right way at the right time, just suffered from some poor execution and bad luck, and the usual hesitancy that kept me out of the best moves even tho I saw them coming.

One of the best things about AHG is that it forces you to recognize what the actual trend is, so at the very least you won't be one of those idiots that was shorting the market the entire way up, or trying to buy it all the way down.

 

My chart didn't attach. These are the fibs using snapmode in tradestation.

 

Jaxon,

So that's what that little bottom does lol

Thanks

Anek

 

Market-E-Motion Indicator Update

Changes: Noticed that my high of the day color and low of the day color were reversed.

Additions: If the high is above the high of the previous day then we get a yellow line.

if the low of the day is below the low of the previous day then we get a purple line.


Lets keep the suggestions coming!!!

 

Here is a sample of what the indicator looks like

 

Jashanno,

Looks good.

If you change any of the variables to inputs then the user can choose the color or style at will.

For instance:

Input : HodColor(DefaultValue);

Anek

 

Can I make a suggestion to anyone struggling to time their entries. When you see a weak candlestick, go into a lower time frame and see if a wedge or trend line or something similar is being broken. Enter appropriately... this will offer good r/w and a better entry if you are good at it.

 

Kid,

Good suggestion.

Also remember that a strong bar or a weak bar is nothing more than an "engulfing" signal.

The more it engulfs the more significant it is. Obviously engulfing a 3 tick doji is not a big deal, and so forth.

Anek

 

I shoot for entry prices right around one of the fib levels, but sometimes when the market starts to move it moves fast and while I'm waiting around for it to come back to the fib level I end up missing the move. Is it better to miss a move and hope you can hop back on later or get a not so great price and end up with a wider than normal stop? Any guidelines you guys use for this?