- Search Metals Mine
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dkrock replied Jul 31, 2018It could be a number of things. If your trading system shows trades and you do not take them, then it is your ego getting in the way. You are afraid to lose. But, if it is your system, then you need to work on your exits. Apparently, you do not ...
How to stop bailing out potential trades
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dkrock replied Jul 31, 2018You are scared of losing now, so you take quick profits and hang onto losers. Work on your exits. Exits work for both profit and stopping losses. If you can limit your losses, and instead hold onto the winners a bit longer, you can turn it around. ...
8 Years Later - Still Not Winning
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dkrock replied Jul 30, 2018While the new computers are awesome, first try this, because I doubt you need very much history to make your trades. Go to TOOLS / OPTIONS / CHARTS / and change "Max bars in history" and "Max bars in chart". I only use 600 and 600 and my meta trader ...
Computer Question
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dkrock replied Jul 30, 2018Appreciate what you are doing for members. Only about 5% of traders use these type of indicators, so you can expect negative feedback from time to time. Just ignore them. They are still under the bankers' hypnosis. Often I wonder why such systems ...
Top 100 best Trading Systems: post good Trading Systems here
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dkrock replied Jul 29, 2018I matched the ADX up to normal swing trading and it is a little off from my signals, but not too bad. Not sure I will use it yet, but perhaps an alternative for someone else? If you have difficulty finding the end of swings and trends, it could be ...
LFX Trading Proverbs
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dkrock replied Jul 29, 2018I agree the ADX can be lagging. That is why I suggest using it with the design you already have. It might help you define trouble spots. You will have to tailor the settings to match your design. I use a normal ADX, not one modified by another ...
LFX Trading Proverbs
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dkrock replied Jul 29, 2018I added a period setting and converted it to show 30M by eliminating the Daily. Since you want to see a 30M, then you probably don't need a Daily. It was easier just to shift them. I noticed he uses levels 15, 23, and 28. If you don't want to use ...
MTF ADX for all pairs
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dkrock replied Jul 29, 2018In the attached pic I am showing an example of what I mean about the ADX. I would not normally use it, but when my normal indicators are fluttering back and forth over each other, and it is hard to see when a real breakout occurs, this view aids in ...
LFX Trading Proverbs
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dkrock replied Jul 29, 2018Yeah, I deleted it because most people do not trade like me, so the advice seems silly to give. I have fields set up around my indicators so I can see break outs from consolidation. If you do not use fields, then I was suggesting using an ADX to ...
LFX Trading Proverbs
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dkrock replied Jul 22, 2018Self-proclaimed, Best Trader in the World, lol, Mustafa Belkhayate, supposedly sells the system he actually uses and it uses COG. I am going by memory, but I think it is 126 periods. The second indicator is a separate window RSI line that changes ...
What is the best settings for "center of gravity" indicator
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dkrock replied Jul 19, 2018Try a currency meter. While the signals are too slow to use for entering and exiting, they give you a general feel for price direction. If two pairs are low in value, the candles will likely be small and often consolidating. If there is a large ...
What indicator is best for gaging the volatility of a swing?
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dkrock replied Jul 15, 2018Nice to hear about your progress. As for the MACD, I meant use the settings you discovered for your MA, not 12/26/9, unless that is what you using. For instance, instead of 12, you might use 1, 2, or 3. You are looking for something to confirm the ...
LFX Trading Proverbs
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dkrock replied Jul 14, 2018You are welcome and I hope you understand the technique. Presumably you are using a moving average on your chart, so that is 1. Then you are probably using an oscillating indicator so you can track apexes, so that is 2. You can use any other ...
LFX Trading Proverbs
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dkrock replied Jun 23, 2018Is that a slope direction line, written against RSI calculations? Just asking because it looks like one.
Scalping System for trading
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dkrock replied Jun 17, 2018I use different tools, but same concept. I call it trading the "Sweet Spots". Good Luck.
My Triple Screen System (MTSS)
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dkrock replied Jun 15, 2018If you use meta trader, you can place them manually, which makes a lot more sense. If you go to Tools / Options / Charts and click on "Show Trade Levels", then whenever you open a position, you simply left click on the dashed line of your open, drag ...
Trailing Stop settings for Major Pairs?
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dkrock replied Jun 12, 2018Not sure if he mentions it in this article, but I read before that he had said you have to make a written statement for record prior to the new year. I just make a simple statement in notepad and then don't modify it. That leaves the date of the ...
Another Tax Question
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dkrock replied May 28, 2018If you decide to change the spacing, then you can add color in between the lines with this indicator. Doesn't work so well at one shift. Right now I have the interior color blank. Not sure your period value, nor the colors you are using, so modify ...
2MA indi with shift function