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robots4me replied Mar 19, 2022Nice. Beautiful example. A request -- since I don't trade BTC could you restrict your charts to the forex 28 pairs. That makes it easier to follow along. Also, I only test using the 28 pairs and if a bug were to occur while executing on a BTC chart ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022@parisboy -- another question: What benefit do the SMA(128) and SMA(256) privide? If a valid FocalPoint only requires 16,32,64 then why clutter the chart with additional lines? Is it because when 128,256 do participate in a FocalPoint then, ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Nibiru? Nope -- not me. Maybe one of yours? If the alias isn't posting indicators then it's not me. I'm only here to brain-storm and share -- like you...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Okay. But just as Focal Points includes a calculation to guesstimate a target price, I was wondering if such a calculation (or similar) gets applied to Double Tops, as well.
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Perhaps. .. I was curious to learn whether the Focal Point theory included guidance on how to trade Double Tops / Bottoms. If there is something new to learn then I'm hungry to learn it. And if there is nothing new to learn then, fine, I'll come up ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Hey Blue -- nah, I remember it. It's just that after FF binned the original thread then there was no reason to continue with @ohtitsyou. I was looking for a fresh start, which twee had offered awhile back. But, you know me, when coding tasks slow ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022@BestTraderEv -- hang in there, Karma has a way of making things work out in the end. And whereas they are mired in spending their time composing insults and mocking comments, we're excited to be brain-storming new trading strategies.
Trading Made Simple
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robots4me replied Mar 19, 2022@BestTraderEv -- I just saw on the TMS thread that DrDave and tommydoginti got you suspended. Welcome to the club. The fact that you were reinstated so quickly means the FF admin saw theirs was a bogus complaint and they had abused their privileges. ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022@parisboy -- a question about how to trade the Double Top (and Double Bottom). Suppose I see a Double Top -- is that my clue to enter a SELL trade? And, if so, is there a calculation or visual that predicts a target price? Or do I ride it down and ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022You'll need to start with a clean chart. The other lines and markers are getting in the way of seeing how Focal Points work.
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Here's a hint: "Peace, love, dope, Rock'n Roll'....
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022I understand. From one old dog to another -- we can learn. The R4M-FocalPoint indicator is half-baked and still a work in progress. There is more to be done to flush out the details to make this easier to trade. The algorithm is simple -- you just ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022You're determined to fit that circular peg into a square hole... This is different from what you and I are familiar with. Turns out that occasionally something new under the sun passes our way. It doesn't mean that it is better and it doesn't mean ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022@BestTraderEv -- you haven't been reading. Focal Points are not signals. I've emphasized this a couple of time in recent posts. Focal Points are HISTORICAL meeting points of 3 friends -- Mr. SMA(16), Mr. SMA(32) and Mr. SMA 64). They do not meet to ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022@parisboy -- this is so cool. Look it -- this parallels how PlanetX works, though Focal Points is deeper and richer. PlanetX came about from empirical observation, whereas Focal Points has a theoretical basis. I would say that PlanetX is Focal ...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022Ahhhh -- thank you, thank you. I see...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022I see the newly formed Focal Point, but I don't know what you mean by "6 bars back". Could you place an arrow where these 6 bars are located.
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022I incorporated the half-period back-shifting in my indicator. You can do something similar with MT4's built-in moving average -- there is an option to add a shift. In this case the shift value would be a negative number.
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022A clarification for those following along -- in the MT4 world @parisboy's CMA is SMA (Simple Moving Average)...
Trading PlanetX & Oscillators
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robots4me replied Mar 19, 2022I see the transition in price direction, but I don't see what you mean by Double-Bottom. Could you please add a couple of arrows...
Trading PlanetX & Oscillators