Wilder's DMI Book
I have tried to write an indicator that would place arrows on the main chart window for the Wilder's DMI Book, but failed miserably.
Can you perhaps write such indicator?
Green arrow: DI+ > DI- and ADX > 20
Red arrow: DI- > DI+ and ADX > 20
If you want, I can post my attempt...
MTF HiLow Channel
Has anyone else been playing with Mladen's great MTF HiLow Channel indicator? Look what happens with current timeframe (5m) plus a 1H one on the same chart. Interesting.
He does good stuff
He does great work doesn't he! Use S/R with that and I think it would be a solid system
"Use S/R with that and I think it would be a solid system" Somehow it happened that I was reading about something similar
A variation of support and resistance (made as oscillator)
A nice weekend to all (I hope no one depends on NFP data)
cool man !!!
Thanks for this
Thanks, Mladen !
Amazing tool, Mladen ! Thanks a lot !
Wow great tool Mladen, and have a question about it, in pdf. it says go for long position when wro>95, on 1h chart (n=9) rarely goes to 95, so I add 50 level line and looks good to go for long trade when wro>50. What do you think guys?
altoronto, you are right : it will go over 95 only when it reaches 100
But also I think you are on to something - the way you are proposing might be a good way to use it Men, it takes all of you so short a time to "dissect" indicators and to find new ways of using them that it is scary sometimes :):).
:) In my case is much easier to disect indicator then to make money in forex as I said before thank you for this.
From May 2010 issue of Futures magazine : "Fixing the Bollinger Bands" by David Rooke