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- ohitsyou replied Mar 10, 2022
This is discretionary trading, right? Each indicator serves a purpose -- some are more or less important than others depending and brings a different clue to the table It is up to your brain to piece the clues together. I think I've already ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
And putting it all together -- PlanetX plus Trix plus ADR. NOTE: If you plan on attaching these indis to the same chart (as I have) then you should attach the ADR indi first -- otherwise its histogram bars tend to obscure PlanetX's histogram bars. ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Good catch -- thanks. Could you check whether this fixes it. file
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Another one of my favorite indicators is an ADR indicator created by an old friend of mine. ADR is the only metric I am aware of that you can actually touch and hold -- it's the closest thing to being carved in stone. It's never a bad idea to ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Another one of my favorite indicators is @mladen's Trix indicator. It compliments PlanetX well. I pay attention to the slope or angle of the Trix line -- the steeper the line then the more confident I am of the PlanetX Alert marker. A ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
I was just checking whether you were paying attention...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
I've created new 'Hist' and 'OnChart' versions, which differ from the previous version in the following ways: 1. In the 'Hist' version I've removed the Momentum indicator (yellow line). 2. In both 'Hist' and 'OnChart' I fixed the charting bug -- the ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
@BestTraderEv -- how could you possibly know what he's doing. He's keeping it a secret but still wants you to figure out for him what the problem is. He doesn't even show the entire chart so there is no way to reproduce it. I don't understand -- did ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
This is stupid -- show the entire chart. Why trim it to remove the details necessary to reproduce the problem? And if you made revisions in the upper chart then why not show those. I suggest that @BestTraderEv NOT help you until you grasp the ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Ahhh, patience... You didn't include "patience" in your psychology list...

PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Excellent -- that helps a lot. Thank you...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
I like your charts. It looks like PlanetX may occasionally get you into or out of a trade a bar earlier...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Very, very nice -- thanks for the chart...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Exactly -- there is always this wrestling match between overly- vs under-responsiveness. Overly-responsive and you fall for head-fakes, and under-responsive gets you in and out of trades too late. I primarily trade EAs, but not for swing trading -- ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Nice... Are those horizontal white lines the ADR (or equivalent)? How / where -- on your chart -- did you guesstimate SL and TP?
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 9, 2022
Yeah -- exactly. And, you know, I'm not really angry -- I'm as lazy as the next fellow. However, I'll often respond in a rude way in the hope that by rattling some chains a middle-aged man might get fired-up to prove me wrong and really try to ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 8, 2022
I mentioned "psychology" a couple posts back and can't help myself from adding some additional remarks. And, of course, these are only my opinion... Whenever I hear someone talk about trading "psychology" I can't help but roll my eyes. What a farce ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 8, 2022
@ghazy -- I'll let it pass this time. But I really dislike posts such as this. You contribute zero. You don't even ask a question related to the thread. Instead, you come here to take and then run away. Plus, everyone else is forced to read your ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 8, 2022
So here's what I take away from your commentary... Based on where you guesstimated TP, you would have needed to enter the SELL a few bars earlier. If you had entered the SELL when the Alert bar had closed (i.e. at the Open price of the bar following ...
PlanetX Indicator - can this indi be used for trading?