Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. olanjouw

    olanjouw

    #411     Sep 21, 2006
  2. Yes i think they support Tradestation but you can just use a 14 period simple moving average to replicate the black line, the white line is a little tougher, still looking for an MA thats close to it
     
    #412     Sep 21, 2006
  3. Sorry for the intrusion,

    but can someone please explain how to set up the parameters on my charts verbatim to trader28 charts.

    Thanks:D
     
    #413     Sep 21, 2006
  4. 2min candles with 25 period simple moving average and 3 period simple moving average with 2 horizontal shifts

    standard macd 26/12/9 with zero line
     
    #414     Sep 21, 2006
  5. Wow you nailed TSKPtightstop, 3 period SMA 2 off set is dead on

    TSKPautostop is closer to a 12 period SMA with 1 horizontal shift

    25 period SMA is lovely for those price kisses though and probably better for defining the trend
     
    #415     Sep 21, 2006
  6. 2min candles with 25 period simple moving average and 3 period simple moving average with 2 horizontal shifts

    standard macd 26/12/9 with zero line
     
    #416     Sep 21, 2006
  7. olanjouw

    olanjouw

    thats great now we only have to figure out how to use them....lol
     
    #417     Sep 21, 2006
  8. Yeah me too
     
    #418     Sep 21, 2006
  9. If you are an aggressive trader then the way to use the 3 period SMA (2 horizontal shofts) is as a re entry in a trend, for instance if MACD is well below zero line and it's MA and price below 25SMA and you have got out of the zero line cross trade but price is continuing to fall, you wait for the price to pullback then pop below 3SMA for an entry, it's the classic floor traders method illustrated here:
    http://www.trading-naked.com/FloorTraderMethod.htm

    The 3SMA really nails those V formations and gets you in earlier than the floor traders method

    Example Chart from today:

    http://i10.tinypic.com/2v1u5hy.jpg
     
    #419     Sep 21, 2006
  10. Thanks Trader28

    This is one of the best post around ET!

    Keep em coming trader28:D :D :D
     
    #420     Sep 21, 2006
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