new stop level

How are you avoiding entries in the chop around those MA crosses?
answer -when trading a system pattern i have to take all trades, if only taking the 1's that look safe ,i am using the volume price level to determine if i am long or short ,basically if i get a long signal above a price volume line i am more confident with the long -if i get a short signal below the price volume line i am more confident in the short ,so if i get a short signal above the price volume line i am going to hold my long a while longer untill it breaks the line to go short ;

That is what gets me. There is always 3-4 bad trades and 1-2 really good trades. If I happen to hit a bad trade first (or even worse, 2 in a row) it pretty much destroy's my confidence in the entry.
answer , pay attention to the answer above ,when trading a system there is no 100% winners ,but your losers have a controled loss limit as it is usually the next opposite signal

I just want to master 1 setup and execute it 1-2x's per day.
answer ,then study the price volume line in conjunction with a balance line ,and wait your turn

how are you using volume to qualify your entries? Is that your filter to avoid the poor trades?
answer -i hope this is explained above -if not please let me know where more detail is needed-

So many questions, I so badly want to find that place where I have confidence in my entries.

CL pattern that started wed afternoon -
note the blue boxes -these are price expansions past the balance line ,all the boxes are the same size ,i am wondering if it can be coded to exit these areas ,when trading say 3 contracts ,that when and expansion zone is hit ,that 1 or 2 are sold and the last 1 is left to run to the valley or hill tops ,just looking ahead
note this pattern on 4 contracts produced over 3 k in profit

for anyone trying to match these average lines to there charts -they are adjusted every 2 hours through out the trading day ,so what you see now will not be the same by 8 am monday and then again 10 am monday and so on ,

create your own working pattern for your style and system of trading -

look at just the tick variables that can be traded now ,the patterns are endless

Thanks! Can you pls explain what the price volume line is? (is it the overlapped volume on the chart relative to the where the price bar/candle closes) ?

Also, how do you come up with different tick settings for different instruments?

Thanks!

creekboy 

How are you avoiding entries in the chop around those MA crosses? answer -when trading a system pattern i have to take all trades, if only taking the 1's that look safe ,i am using the volume price level to determine if i am long or short ,basically if i get a long signal above a price volume line i am more confident with the long -if i get a short signal below the price volume line i am more confident in the short ,so if i get a short signal above the price volume line i am going to hold my long a while longer untill it breaks the line to go short ; That is what gets me. There is always 3-4 bad trades and 1-2 really good trades. If I happen to hit a bad trade first (or even worse, 2 in a row) it pretty much destroy's my confidence in the entry. answer , pay attention to the answer above ,when trading a system there is no 100% winners ,but your losers have a controled loss limit as it is usually the next opposite signal I just want to master 1 setup and execute it 1-2x's per day. answer ,then study the price volume line in conjunction with a balance line ,and wait your turn how are you using volume to qualify your entries? Is that your filter to avoid the poor trades? answer -i hope this is explained above -if not please let me know where more detail is needed- So many questions, I so badly want to find that place where I have confidence in my entries.

! Can you pls explain what the price volume line is? (is it the overlapped volume on the chart relative to the where the price bar/candle closes) ?

post 1188

high volume spike

the candle that lines up with it ,take base in and uptrend and use it as your price volume line ,you will notice i use the body of the candle ,no tails ,just my preference ,and reverse on down trend



ticks are ramdomly picked ,then system dials in best case profit scenario

update on GC pattern 18.7 k in 2 days

testing a GC pattern over at TST

I have been testing the pattern on TST ,i will need to pass the the combin as we have and 18 year old that will be graduating ,and if i can show what is needed to pass properly ,then she will have a decent job come july

the importance of a plan -
often times when i talk or share charts with another trader -i will reverse a trade pattern to show them all the errors 1 could make

1- i have a long signal -but i took a short

2- added to the short -now have 11 contracts invested

3 -exited 6 contratcs at break/even plus 93 dollars ,but like that comercial on TV we want more ,so holding 5

4-down now nearly 3k for wanting more and added the 6 back in at the guessed peak of this move