This appears to be a much better tool than the one I have, automating what I do manually saves a lot of work. A good job well done and thanks for sharing in good spirit. I am sure many will appreciate this...

Trading the Cable swings via averages

Yesterday was a classic HD. In fact, there was two of them long, but I wasn't on the first one. Check it out on this 15 min chart... image See how this follows all my rules... Timing. Entry at the HD div level. Stop below the HD price. Target ...

Trading the Cable swings via averages

Well really it is not a matter of decision but of calculated risk. A say bear div should return the price to the EMA but most likely will be in a bull div when it gets there and a price bounce should send it back above the original div so we have a ...

Trading the Cable swings via averages

Here is a good example of the Div at the ZOO being the average swing high on the 1-hour chart. image

Trading the Cable swings via averages

Yes, this is a good indication the market is overexuberant (nice word that I must look up what it means). However still test it for the entry with the stop as tight as possible.

Trading the Cable swings via averages

Remember the rules... 1) When trading above the average look for long signals for the better moves. 2) When trading above the average any short is a scalp risk until price breaks the EMA to find support. 3) If you do short then get the stop to BE ...

Trading the Cable swings via averages

Whatever was between my ears was nonsense because I was thinking of manually putting in the HD line to be tested but this defeats the purpose of making an alert. Anyway, I didn't see any HD's yesterday but plenty of other opportunities. I was on the ...

Trading the Cable swings via averages

I am not a coder, but I think I understand what you mean. I use my Quartile tool with each unit being 5 pips. I can quickly slide this in place it displays the price I need to set for entry, stop and initial target. Using the tool also draws the ...

Trading the Cable swings via averages

I see there are several people that enjoy coding so I will give you an idea that would prove useful. Below I have the 15 min chart as an example and have highlighted some 4 hidden divs, two long and two short. The idea would be to have an alert pop ...

Trading the Cable swings via averages

Well, this is getting a little of subject here but never mind, it is something to talk about. Lokk to the middle of the chart and we see the RSI channel heading up whereas the price is below the EMA heading down. Obviously, we have a divergence ...

Trading the Cable swings via averages

I do it a tad differently and mainly use the 15 min chart. Here is how I would do it... image I forgot to add that I look for the swing lows to swing highs. I don't use the intermediate levels like you have with your chart.

Trading the Cable swings via averages

To get yourself in a tad earlier rather than waiting for the support... Put a trend line on the RSI, this breaks earlier than the price chart. I put the stop in place so if it gets back across the trend line I close.

Trading the Cable swings via averages

Friday was hopeless for me. I won a bit, lost a bit and ended just about break even on the day. So, my loss was in time wasted.

Trading the Cable swings via averages

At long last we have had some significant movement, perhaps the biggest in the history of the world!

Trading the Cable swings via averages

Paid again but this was a hairy start. Couldn't move the stop to BE until it crossed the EMA. image I could have made a second entry a tad lower, but this breaks the rule of adding to a losing trade. Rules is rules

Trading the Cable swings via averages

I just got paid... Standard trade. image Not as large as I would have liked but it gets me off and running for the week.

Trading the Cable swings via averages

So how do you determine your trades. In the morning prior to work or in the evening after work?

Trading the Cable swings via averages

This is one of the most comprehensive books I have read but someone has borrowed it permanently and I can't remember who. I read books looking for ideas that may compliment the way I trade but so much reading delivers very little. All I want is a ...

Trading the Cable swings via averages