Fib+Piv - page 2

 

what r the entry rules

 

everyday seems a bit different. here is an early preview of the ride down.

Files:
ride_down.gif  81 kb
 

Hi,

Is the indicator you are using for pattern recognition your personal coded or are you using some public indicator for that? I assume the pics on the first page that have a lot of dots are from that indicator?

I'm a big fan of statistical trading methods myself so that's why this is quite interesting for me.

 

I am sorry, but I just do not see it. Maybe im not looking at in in the right context. But what are all of those dots?...I see the S/R or Pivot points lines but those dots?

 

im sorry but i dont see nothing... im a lil bit confuse i think

 

Good Stuff

Hi Nicholishen,

I always enjoy your posts. I have attached a link to an interesting article which among other things, is another way of looking at resistance levels.

Theoretical Basis of Building Cluster Indicators for FOREX - MQL4 Articles

 
Files:
forecast1.jpg  24 kb
forecast2.jpg  22 kb
 
Nicholishen:
Is it me or is this too easy? I'm not a professional trader, but when historically you can predict with a high probablility how price action will move with S/R levels... Pro Traders, is this a viable strategy?

What is your dots? How ?

 
Nicholishen:
indicators......

Is the pivlevels indicator formula different than the usual pivot s/r formula?

Does anyone know?

 
RickW00716:
Is the pivlevels indicator formula different than the usual pivot s/r formula? Does anyone know?

Yes, they're different. I didn't installed but by looking the code.

Reason: