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the new dma is a fix for the old dma,use a 7 zero lag 7 zerolag and use the 14 zerolag 1 adx for the dots, and use the sharky adx for the red and yellow and blue line you see,the ecobars are the paint bars,and no dont look for crossing mas,i dont know where you got that from...sharky
Thanks Sharky; OK, I now understand that it is a fix for the old DMA, and for the WHITE dots setup; but what about the FIREBRICK AND GREEN line that crosses the sharky ADX. Is this FIREBRICK AND GREEN line required in your original setup (i. e. in "Journals and Daily Charts --> post #1 ? We seem to be having two lines (the RED, YELLOW and BLUE line and the FIREBRICK and GREEN line) crossing each other and that is how the crossing idea came on me.
ok forget the red blue and yellow its just an extra adx i had on there , the green and maroon is the 7 zerolag thats the one you use to help find direction out of consolidation and get the crossing dma out of you head i dont use any crossing dma's...sharky
hi sharky,
i trade mostly price volume, profiles, fibs etc and totally zero in indicators.
to understand a bit more about indicator and your system can you pls give some more info on why zeroed on this system. and which other system you evaluated (and dumped) before zeroing on your current setup.
thanks again for being so candid and sharing your codes.
hey its not a system its just my method of trading,ive tried to trade just on support and ressistance with some luck but i knew i could do better and ive tried to trade almost all the different methods of moving averages and crossovers-didnt like and no real suscess- and i tried trading the normal adx but it lags to much so i started researching someway to incorpreate the adx and ma and i ran into the adxvma by accident on another web site,so i start to disect that and see how i couls use it for myself and how i could incorpriate it into a method that my eyes and brain could comprehend,so i came up with a moving average support and ressistance and adx method that is pretty effective for me,now back to systems ive bought almost everyone that is offered by third parties and was discusted with most if them,there are maybe 2 that i would even consider and thats bluewave and eto if i was a system person but i rather do it my way with free indicators or write my own indicators,i hope that helps alittle im still learning also lol just trying to share things that i stumble across with others and trying to learn something from everyone also...sharky
so what i want is to give my rules for entries and my charts and indicators for anyone who is interested in the sharky style of scalping. to start i use a 4 range chart to trade with and an 11 range chart to see the long trend and to help me with my entries. …
during your journey to revelation, did you backtested those stuffs or learned it the hard way. i could guess the answer considering you already said you are not such a systems guy.
your current setup based on ma, adx and macd are basically, if i am allowed to categorized, are "trend followers". the style is a bit different considering you were trading support and resistance. emotionally did you have any issues while shifting from s/r trading to trend following.
do you still trade support and resistance? i ask cause i trade support and resistance. i find profiles and fibs (although fibs are a bit subjective) very potent to trade support and resistance. never look at any indicators
again what are your experience regarding oscillators.
oscillators and i have not been good freinds in the past but im starting to play with them as i grow into a more mature trader,as for s/r i still use it in conjunction with trend i just trade the trend off of s/r now break ups or breakdowns i let the med and long trend help me decide what dirrection to trade out of consolidation...sharky