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Could you elaborate on the meanings of the dots, dashes, and diamonds (all conditions met incl. adx, i know)? Have you been successful with this setup over longer timeframes - 6 range, 5 min, 312 tick, or others? If so, which ones?
I'm pretty new here so trying to synthesize all of the material.
After putting the ForceIndex onto the forum, it has developed into so many variations and questions, with the introduction of the boomerang, all of which is very similar to the way I trade, I though it best to put a full scale model up for discussion.
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I want to thank you for sharing your sistem and all the people in here that are helping to improve in some way, the indicators to better adapt to the strategies.
The sistem is well explain and I don't have questions about that, your video is pretty clear...
But I want to ask you some things respect to the Time Frames and types of markets, I've notice that 4Range in the ES and on the 6E on some moments of the market the entries are not much clear even that seeing the entries after the time, you can see it pretty clear. I've read in somewhere that you were trying another timeframes, how did it go?
Now, the other question, about market types, I'm trying to follow the 6E that I've never worked with, always with the ES, for liquidity issues, maybe for the quantity of contracts that I work with the 6E won't be a problem.
Why did you choose the 6E and not the ES, TF, CL, etc.. What vantage did you notice on the 6E due to the others to operate your sistem?
Trading the 6E will give you very good volatility most days, and very easy to get filled with large number of contracts. The Indices are less volatile and sometime hard to get filled with large contracts. I am happy to concentrate on one or 2 instruments, as one can make a good enough living on just the 6E. You may also try a 6 range instead of the a 4 range, and also 5 min charts
Im testing today the 6Range on the ES and 6E with 8tick stop on both and is working, the intersting that on 6Range the stop of 8ticks on the 6E seems to have more sence. And even looking strange the ES with its goes and backs (less directional) it resist less.
You said 2 instrument, wich one is the other?
New to the thread, am on page thirty of the Perry Method thread.
Are the green dots entries?
Can I safely add another contract at each dot?
Where are the pivot lines?
I am not familiar with the renko bar characteristics - - is there a better way to let this stop out with profit via an ATM on the DOM?
TIA,
turbolover