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I consider it is much better and, in case of use, don't forget that some options are available by right clicking the image of the indicator when installed .
Has anyone heard of or know about Day Trade to Win's Atlas Line? I am wondering if it works, I have heard really great things about it, especially how great it works on the 6E and 6B. For $1,800 I want to get as much info on it before I buy it.
Also, …
Du you remember my words of a few days ago ? I will be running in your ears lots of time, believe me
Yes Alinghy, I came across the Atlas Line thread first and read the other one this afternoon. I visited the vendor's website trying to find out more about the Atlas indicator, eg is it based on Price or what? Watched a few v-clips and did not get a better understanding on the indicator.
Well, I have it on a separate 5-minute chart for an intial assessment .. nothing serious unless and until it proves itself LOL! No worries .. I won't consider paying a dime to the vendor for its course or software. I spent already too much on vendors/financial advisors and will stay away from them a thousand miles .. haha ..
Beth (Oh, please continue to be my eyes and ears .. Thank you! )
Guys, sorry about the delay. Here is the source code. Please note that it will only work in 5-min chart.
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I havent looked at daytradetowin website for a long time, so i am not sure if its still the same. but if he hadnt changed the logic, it should …
Note:
1. Post #1 has the original zip file.
2. I just posted one with audio alert minutes ago.
Guys, sorry about the delay. Here is the source code. Please note that it will only work in 5-min chart.
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I havent looked at daytradetowin website for a long time, so i am not sure if its still the same. but if he hadnt changed the logic, it should …
I hope it helps !
"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
This morning has been extremely busy with non-trading things. Finally did 1 sim trade and got out BE (detailed trade recap/log per enclosed). You will see that I have a new strategy running today (thanks to a friend's generous sharing of her SuperTrend strategy). From her, I also visited Frostbyte's SuperTrend thread as follows:
I've been trading Emini ES for about 5 months now and would like to share everyone my daily results and hopefully get some helpful inputs. I failed miserably trading discretionary and had switched to mixing with automated strategy which …
I'm glad to be exposed to different trading approach .. smile ..
Goals Accomplished Today:
1. No over-trade. Well, I was a little frustrated that I missed the earlier short (which was a great one) then a long when I needed to take care of my lovely hubby's business items. My comfort was the SuperTrend strategy caught the short. It's still in the trade after 2 hours trying to get a 3-point PT.
2. Preserve Precious Capital: The only 2-contract trade I did went the opposite direction after "touching" my 3-tick PT. I was able to get out BE after getting a little bit of heat.
Just learned that Atlas Line is an open range breakout indicator (strategy) and needs 20 minutes to determine the range. I adjusted the Atlas Line indicator to start at 9:30 am (instead of 9:20 am). It does trigger a long this morning and it's a profitable one - correction to my trade recap .. sorry ..
For newbie me, I first did not understand why having a big SL cushion (such as 40-50 ticks)?!!
I believe my friend Ann won't mind my sharing her tips with me so that if you don't know (like me) will better understand the logic behind:
Quote
Frosbyte's method is to catch a swing move. Right after the open, market would make a turn before trending. And Frostbyte let Super Trend enter the trade setup between 9:40 AM - 10AM. If price goes against his trade, with large stop loss, price has room to retrace to his entry area and he'll get out with not much loss. 40- 50 ticks Stop Loss is an emergency. He migt end up losing less than 2 or 3 points in a trade, but he will ride the good swing of 10+ points.
Unquote
Enclosed is today's short trade triggered by a SuperTrend strategy. Just has its predetermined 5-point SL got hit. Well, one has opportunities to close it with a profit or a smaller loss. Actually I manually went through 30 days historical data based on a SuperTrend method. Having a bigger SL cushion has its merits.
I saw you images attached and in the second one i.e. I could say that accordingly with the WDH standard suggestions you are in a up-trend so it could be useful not performing a short entry (@175,25) but better, awaiting for the next HL (Higher Low) then evaluating seriously a Long entry .
I dont want to teach you something but just draw your attention and focalize on a usual
Market behaviour ... this is not a fixed rule but often happens very often !