Ammo, Just wanna share a chart with ya, refer this on da last post I know Spy use Stc, MACD and something else; fit this to your style and you will be alright.. CF uses CCI, I guess since he trades on 5min, and with bars so jammed together CCI gives a good picture within a few bars. I need something with more extention since I am on da 1min, but CCI is still good, still need a flash light everynow and then
Maybe I am heading into da wrong direction, miss a major move cos of keeping stops small; need to seriously think about this..
Hi Will I can glance at EMTL and see what I need to see but this speed requires Bar Charts not Candles for EMTL. If you repost as Bars and only have EMTL lines on the chart I can tell you better. and re ammo's comments on MACD... yes I'd use a smaller setting and combile it with CCI.
hi YH, Thanks for that, gonna take a shower then off to a quick lunch before da lunch open, do that after market close .. put Spy's indictor's setting on the chart First: MACD (5,13,6) needs to be in the green. Second, I want to see The Stochastic (14,1,3) ... find that MACD (5,13,6) is very close to CCI(14), and da STC is a good reference; will have a go with it this afternoon and see how it goes
just had a look with those 3 indicators on the 1min chart over today and yesterday's data, damn it's agressive.. and most of the time trible comfirm also.. 13:31, really need to get that shower now.. see you all after lunch
just pop out of da shower.. still need an indicator to for the entented range, I ain't going to get it on one minute, also, i don't really look at 5min MACD, since it's so slow.... Will put da 3 indicators on da 5min and see if I can make sense out of it. .l
fwiw, years back I used to use MACD's and I figured they were calculated wrong in some way so I time shifted them. I can't remember exactly the time shifts but it was something like putting a 3 min MACD under a 5 min chart by overlaying the chart and showing the faster MACD below the 5 min. Sierra allows you to do that on one chart.
thanks for that YH.. putting the 3 indicators in it's aggressive setting on da 5min.. let's see how it goes this afternoon