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I hadn't finished upgrading NT7, so I am using 6.5 today with the Perry templates I created then. And the template I am using had the DM+ indy more visual than the chart I attached in my other above post. The DM+ indy is a real hot ticket when the ADX line heads up from the bottom and pierces the DM envelop. I attached today chart.
I knew it from 8:00 EDT that it wasn't a day to trade with all the current events. In fact at 2:16 the charts (markets) went bananas. Well anyhow I am sim trading method 1 so it's about recognizing the price action and making a trade. The E6 was so choppy that I decided to lower my range bar to 3 and scalp 2 points. That really didn't work in the chop, so I added a 6 range chart to trade in the higher trend direction. That didn't really work either, but I was practicing. Normally I wouldn't trade days like yesterday and today.
Thursday's another day. Today was pretty good for sim trading. I was 6 out of 7. The one loss is when I broke the rules, I knew I was breaking them, I wanted to break them this one time. The loss erased two of my winners, so I was net 4, +12 ticks using one 6E contract. Compared to my gain my stop in points is wider; above the closer pivot high (look left). So I was trading with the 4 Range chart and traded in the direction of the 8 Range chart. The 8 Range chart was helpful because it acts as a filter to the 4 Range chart. The less trades and the better trade. The DM+ indy really talks to me in both charts as I trade. I really like the DM+ indy when it heads to the bottom into chop and then turns up piercing the DM envelope because price is ready to run. You can confirm the longevity of the run by looking at the DM+ in the 8 Range chart. As I trade with Perry's, I get more questions, so I better reread the tread.
Fusion, I am using the chart trader feature on NT. That's all for now. I place the order and then I place the target on the chart (at the same time) after the set-up bar. 3 ticks can come quickly, that's why the target order is in place. If I do not get 3 ticks quick which you should, I watch the DM+ indy to see if the ADX line is reversing and/or the DI envelope is starting to deflate (pinch). Yesterday when the DM+ indy stalled or failed, I went to and made the 2 tick target.
How did you get the angle for the MA in the little yellow box in the bottom right corner? I was looking for this for ages just cant find anything usefull.
Is this a part of some indicator or is a standalone thing like, say bar timer? Im using 2 EMAs in my setup and I just need this for one of them and im on NT7.
If anyone could send a link or even the indicator, that would be great...