Please note that systems such as those are going to win while the market is trending and are going to lose during congestion phase of the market. Much of the earned pips were obtained by milking the E/U bull trend this year. It is going to fare ...

8 Years Later - Still Not Winning

There you go. In my opinion it is best used in combination with "Force" which is basically ATR (i.e. a proxy for market interest/volume): One should always go along the direction which shows an increase of market interest. Cheers, k file

How to properly use indicators

The indicator is an estimate of velocity/momentum using a simple Kalman filter. However, for the purpose of the entry I was proposing the details of the indicator are not important (and I would not broadcast them), but rather the comparison of ...

How to properly use indicators

I made an oscillator at tradingview that should make this wave riding process more-less automatic. The oscillator represents buy/sell waves. The best is to catch the wave at the point when the opposite wave in the other direction just becomes ...

How to properly use indicators

Due to Thanksgiving holiday in the US, note that the trading hours are reduced on Thursday and Friday. Also my time estimate of the bounce from 57.546 (WTICOUSD) shifts to early Friday before London open. Cheers, k

Oil and Natural Gas

Having fun. image

The Great Pumpkin

Chart dump. Awaiting oil price rise, bored and programming new shiny indicators. image

The Great Pumpkin

For pinpoint entry I really like using twoblink's "high quality reversals" on low tf (~ 5 min) at the S/R levels (fresh supply/demand, S<->R, etc). k image image

The Great Pumpkin

Tradingview's scripting language isn't as complete as the MT4 language. Therefore, some (simpler) indicators one can translate, some are not possible. It is best to search among the already existing TV indicators whether something similar is ...

How covert mt4 indicator to tradingview

I see a possibility for a serious downward correction in two ways: 1) opening with a gap down below the 54.75 support and bouncing down from it. This is possible but the gaps of 2 dollars are very uncommon. Also, price finished at the top of the ...

Oil and Natural Gas

My current view on oil. So far looks very bullish , bears look overcome for the moment. The price will most likely break the resistance at 57.562 which should then turn into support. I intend to buy any bounces upward from it next week ...

Oil and Natural Gas

Great thread, thanks! I see that you prefer no indicators whatsoever. I like to monitor the tick volume (as a measure of price activity) in such case as a confirmation. If the move up is "fake", one typically sees the most activity at the ...

Naked BBQ

Also interestingly, this exact pattern is against my trade in oil. I am less optimistic about that bet now. Cheers, k image

How to properly use indicators

I know. I just wanted to avoid drawing a chart myself. Cheers, k

How to properly use indicators

I found this pattern - a pullback entry - interesting recently. I would personally try it with Tom DeMark's idea for an exit target (improves R:R). Cheers, k video

How to properly use indicators

Here is an expert on envelopes. I found it useful to read whatever he wishes to share. Cheers, k

How to properly use indicators

How I see it currently: So far it's going up after bouncing from support at 54.75 (where I bought aiming at the 57.562 resistance). I suspect that if the price breaks below the green pitchfork, the support will also break. The big fight between the ...

Oil and Natural Gas

Interesting to compare the Dow with the Bayer’s pattern. As far as I can see, we are in the “champagne” phase... (Some time ago I calculated the resistances in Dow to be 25000 and 29370.) Hope I am not correct on this. k image

The Great Pumpkin

Epilogue of the news supposed to be negative for oil price today. Notable are the repetition of the Bayer’s pattern (soup+fish) at an even bigger time/price scale, as well as the support provided by the pitchfork - a “random line on the chart”. k ...

The Great Pumpkin

The pitchfork, basically an imaginary line on the screen (but drawn according to rules), becomes a price support. Random market my ass. k image

The Great Pumpkin