nubcake's Backtest Pauser (Indicator) Haven't seen it before. Let me check

How to back test a discretionary trading system

Is this correct? — Hello, Below is a pitchfork I have drawn on the chart but It seems that price has not respected pitchfork's law. Is this a correct pitchfork? Please advise.

Andrews Pitchfork (Median Line)

Mean reversion of the price — Mean or median line is a target that price is supposed attract price. For example you can use a simple moving average of say 100 bars to (somehow) predict the target that price will come to in future.

Price Attraction Points

Thanks — Dear Nader thanks for your advice. Yes! Actually I did not have time to search and find a better example. I know that the top/bottoms used to draw them are not good picks.

Why does trendline work?

Where to place trendline? — Thanks for your advice. Could you please explain more about "knowing where to place a trendline"? As I know trendline is drawn by connecting consecutive highs/lows. And if the trader has a sound definition for ...

Why does trendline work?

luktom_visual_order_editor — I use luktom_visual_order_editor for order management. It shows lines for SL/TP/Entry price which can be moved using mouse. Also you can set a BE and Trailing stop level.

Looking for a movable target and stop loss EA

Thanks, but... — You are right. Thanks for your information. Actually I have the sell side of the market in my mind when I am asking this question. I know they benefit from bid-ask spread but at times that there is a strong down trend the ...

Who is buying here?

If dynamic RR is better than static RR then that might imply that a dynamic reference point is preferred to a static one.

It's kind of curious...the war between price and indicators

What about future? — If the wind is blowing north right this moment... Do I need to concern myself whether the wind will be blowing the same direction for the next hour, 4hrs, day, week, month?

It's kind of curious...the war between price and indicators

My chart — I am looking for some guidelines for chart color schemes. I think I need to use colors which are easy to read and not making eyes disturbed or tired. Below is my chart. What do you think? image

Who's Got the Best Chart Colour Scheme

What is an edge? — What can be an edge? Does it have to be some kind of secret method or formula or things like "experience" are some kind of edge too?

Is 90% of TA useless?

Scientific Interpretation of Bar Charts — Has any body read "Scientific Interpretation of Bar Charts"? I could not find a new copy of the book as it is too old. Anyone knows a better /more recent alternative book?

Technical Analysis Fallacy

What if today was the first day of trading? — One thing that makes me think that 90% of TA is useless is some people that claim to be well profitable by not using TA (making trading decisions based on the belief that history repeats itself) ...

Is 90% of TA useless?

What about traders' edge? — So you mean other than indicators, other public TA concepts (Price Action, Candlesticks, S/R lines ... ) are useful to make profit. But I have heard that traders must have an edge in this market. When could be edge ...

Is 90% of TA useless?

Any other idea? — Any other idea?

Is 90% of TA useless?

Yes — Yes! I think that would be the easiest answer to the question, but I'm not sure if it is the most appropriate answer.

Is 90% of TA useless?

So what can we do then? — Do you think there is a clue to get a peek into the 5% part? Is personal experience the only way to reach that or ... ?

Is 90% of TA useless?