I finished reading this thread http://forum.alpari-idc.ru/thread25780.html
First of all I want to say that the first 14 pages are most important:
Besides somebody summarized all above mentioned big thread to one post here http://forum.alpari-idc.ru/thread25780-94.html
So you may just translate one big post instead of translating all 96 pages.
Besides this topic http://forum.alpari-idc.ru/thread25780.html was closed by moderators and it was started the other thread here http://forum.alpari-idc.ru/thread29819.html with 156 more pages and most recent post was today.
But sorry it is necessary to spend a lot of time just to understand because author traded live posting the images on those 14 pages explaining the rules in the same time.
System looks very good (and this system is very different from Channel Trading system). This system looks like "trade the price".
Most difficult is to draw the lines in right way. And as I understand he is trading one pair only looking for H1, H4 and so on timeframes.
Besides as I understand some very experienced traders said that this trading system is not so good as they expected (see the image attached) and they had a suggestion/proposal to develop this system more. So the author improved his system two times already (it's like two modifications).
im sure system works good because i see many statment from traders who use it
Also is based on price action and not indicators
I hope to understand and to trade witht this system
I am also reading that Alpari thread and try to comprehend the Neo's idea. I want to read everything because some small posts contain ideas which you wont find in the rules in the first posts. The system very interesting and you can trade it with any software which has good graphic possibilities.
As for level angels, I understood that Neo takes levels from TF Month and keep the same angle through all TFs, TF 1H including. But he mentioned in one of his posts that H1 has different angle.
Hi. Everything, greetings.
I see, that you my method of the analysis of price movement "LevelTrading" interests. If there will be a free time, shall try to answer your questions.
I wish good luck and profits.
Best regard, Vladimir /TraderNeo/
Welcome to the forum.
Level Trading is back in action.
Here is the thread link I posted some months ago, which new digital was referring.
Hope it helps.
At performance of a marking, I do not use the given indicator. As the indicator does not exact constructions of levels, and it in turn can be reflected in correctness of acceptance of the trading decision.
I create a site, devoted to a method of the analysis of price movement "LevelTrading" - http://www.leveltrading.ru.
You can familiarize with it through online the translator, under the following reference:
I wish good luck and profits
Good to see you here....hope to learn from you..
OK Letzuro. I think I have an explanation for you.
I few months ago I played with Gann lines and trenlines by angle. the first day everything was ok. Second day I tried to make new trendlines and Oh surprise using the same angle the new lines were different.What happened? after a lot of days I discovered MT4 charts have a problem. If you draw a trendline not by angle and if the chart changes (for example when you make zoom in and out) no problem trendline changes too so the trend line keeps its accuracy but with gann lines and trendlines by angle the history is different the first time you draw this lines everything is ok but the follwing next day you start to find problems in fact with a trenline by angle the first time you draw it you make a zoom out the trendline keeps its angle but the charts change completely
Reading the MT4 manual they recommend with gann lines to change parameter and use an one one scale and high timeframes. I change the scale and the situation was slighty better but not enough so sadly I abandoned gann lines
Trendlines by angle works good with a one on one scale (you can Zoom in and out with no problems) but once you chage to a higher timeframe. oh boy what a mess.
So that´s the situation: ´til now no solutions