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There will be no more maintenance for the SessionVolatilityBands indicator. All the features have now been integrated with the SessionPivots. The current version is V42 and can be found here:
-> it simplifies indicator maintenance
-> besides average daily range and average daily expansion, the package also allows to display weekly and monthly ranges
I have reworked the SessionPivots recently. The code is much more efficient, the graphics features have been improved, so I recommend to switch to the newer indicator. Plots that are not needed can be set to transparent.
I thought I might start a little thread here in the psychology area as this topic is of most interest to those who think about and plan for the future.
While its titled New Years Resolution, it might more appropriately be titled "Q4 Wrap Up and …
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
A few months ago, someone told me to put my entries where my stops would otherwise go...didnt seem to make sense at all...nice if you could get it but not practical from my perspective.
And then, my perspective changed almost overnight. Was doing some work for a friend, helping him out on his method and I opened a naked 5M chart and then something happened and I saw the entries where the stops should be going.
So I traded it on a naked 5M chart for a while on the other instrument, couldn't seem to lose. Then I decided to look at my instrument. Lots of opportunities there as well....and smaller risk to boot....so traded it today on NQ...small tick size to help with the uncertainty, also on GC and CL...all winners....and no set ups worth taking on my 800T chart. This produced 2 40 ticks opportunities on CL and a 40 tick one on NQ.....slight perspective change but it seems to have a decided advantage over how I was seeing price previously.....not that there is anything wrong with that method, just that there seems to be a few advantages over it.
We will see this coming week how this plays out but I think it will add another dimension to my trading....
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris