How To Effectively Trade In Both Range And Trending Market By A Single Method - Page 2
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Thread: How To Effectively Trade In Both Range And Trending Market By A Single Method

  1. #11
    Nice looking egy. I've got a couple of questions.

    I am not really getting Using the RSI for entrances. You said to enter when the Value line of RSI moves above RSI Trend Line, but I can not really see it in your examples. The exits seem clear enough, but all I can really tell about the entrances with regard to RSI is that it is above/below 50 to get long/short. Can you clarify this please?

    Also, I want to try this on the daily time period, but the RSI 21 tends to be very flat on the daily. Changing it or an 8 seems to add more movement. Can you see any issue with that? I've not ever utilized RSI so any help would be appreciated, and thanks for submitting this.


    Cheers,
    Richard

  2. #12
    Thanks Melpheos Tell Me How You Succesfully Upload The File.


    Shadowninja,you Told Me That You've Been Trading This Procedure Before,nice To Hear That But Are You Launched Trading It Live?
    How Long Have You Been Using It?
    What's Your Favourite Timeframe?
    Which Currency Are You Traded Most?
    The Installation Is Simple,so I Dont Relly Need To Worry Abt The Template.
    It simplifies Normal Platform Rsi,moving Averages And Macd And Notice That Most Of Them Has Fib Parameter As Their Periods.
    Guys Lets Make The System More Powerfull.

  3. #13
    Quote Originally Posted by ;
    Is not life strange.

    I am trading a similar system to yourself but was wondering about the best method of trading a ranging market (I've been sitting on the sidelines for the past 4 times). And then you print this. Thank you for submitting it.

    This is the way it's. I believe There's a weakness in my system; how can I overcome it? And then somebody posts a thread that grabs my eye. Bingo.

    My next question... how can I get a Lamborghini Murcielago LP640 without doing a day's work?
    Ask to be your own mentor!

  4. #14
    Quote Originally Posted by ;
    Nice looking egy. I've got a couple of questions.

    I am not really getting the use of the RSI for entries. You said to enter when the Value line of RSI moves over RSI Trend Line, but that I can not really see it in your illuions. The exits seem clear enough, but all I can really tell about the entries with respect to RSI is it is above/below 50 for long/short. Can you explain this please?

    Additionally, I would like to test this on the daily time period, but the RSI 21 will be very flat on the daily. Shing into a 13 or an 8 seems to include more motion. Can you see any issue with that? I have not ever utilized RSI so any help would be appreciated, and thanks for post this.Cheers,
    Richard
    Hi Richard, When you load the RSI on your chart 21 period , on the properties box go to parameters and be sure the fixed minimal and fixed maximum box aren't assessed. This opens up the compression of this indior between the 0 and 100 range and makes it a lot easier to see the up and down motion of the RSI, hence making it much easier to draw out your RSI fashion lines. Hope that helps you......T-Wolf

  5. #15
    Quote Originally Posted by ;
    Hi Richard, When you load the RSI on your chart 21 period , on the properties box proceed to parameters and be certain the fixed minimum and fixed maximum box aren't assessed. This opens up the compression of this indior between the 0 and 100 range and makes it a lot easier to observe the up and down motion of the RSI, hence making it much easier to draw your RSI trend lines. Hope that assists you......T-Wolf
    Thank you thunderwolf, that did the trick.

    Hey Folastevo, I think to upload files you need to get a minimum number of articles. I'm not sure how many, maybe 25 or even 50. Anyone know for sure?


    Cheers,
    Richard

  6. #16
    At his Lamborghini query is replied to by all the. I like the politician one the best. It's the legal.

  7. #17
    Quote Originally Posted by ;
    Due Melpheos,kindly Tell Me The Way You Succesfully Upload The File.


    Shadowninja,you Told Me That You've Been Trading This Method Before,fine To Hear That But Have You Started Trading It Live?
    How Long Are You Using It?
    What's Your Favourite Timeframe?
    Which Currency Are You Traded Most?
    The Installation Is Easy,so I Relly Need To Worry Abt The Template.
    It Uses Normal Platform Rsi,moving Averages And Macd And Notice That the Majority of Them Has Fib Parameter As Their Periods.
    Men Lets Make The System More Powerfull.
    I mean that I exchange a system that's similar to the one from the pdf. I use H1 but I just use MAs and nothing else. Purely on EURUSD. I have had varying success, as, stated above, ranges have proved problematic.

    I have started analyzing it on M5 not because it's scalping but because there is a management even if it's largely ranging.

  8. #18
    Quote Originally Posted by ;
    at all the replies to his Lamborghini question. I enjoy the politician among the very best. It's by far the legal.
    ....and yet the least fair :x

  9. #19
    Is Not this the Dad's Legacy Strategy?

  10. #20
    Quote Originally Posted by ;
    My next question... how do I buy a Lamborghini Murcielago LP640 with no day's work?
    No problem, mate. Get yourself over here to the UK, eventually become among our blood-sucking vampire bastards we laughingly call Members of Parliament, and just claim said Lamborghini on expenses.

    No problems with gas either. Expenses take good care of everything in Westminster.

    Oh, incidentally, that with no day's work is completely guaranteed.

    Cheers


    EDIT: Just realised you are already here in the UK. With that in mind, I might even effort for you!!

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