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50% Balance Point Rule


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50% Balance Point Rule

  #61 (permalink)
 
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 cory 
virginia
 
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mine is NT6.5, anybody else has problem of not seeing the balance line?

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  #62 (permalink)
 
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 perryg 
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I am also using 6.5 The previous version showed on my charts, it was the numbers that did not coincide. Now the lines are not drawing.

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  #63 (permalink)
 
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 cory 
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running out of idea, here is a zip file instead, NT6.5.1000.15

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Elite Membership required to download: BalanceLine.zip
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  #64 (permalink)
 
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Cory,

Well I have got it to work on ES, TF, and NQ. It looks good. I cannot see any lines on the currencies like 6A, 6B, 6C, 6E . I will have to do research why this is happening. It is strange that on some charts it works while on others it does not.

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  #65 (permalink)
 
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 cory 
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it works for 6a,b,c,e on my end

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  #66 (permalink)
tradermark
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Thanks for the useful post.I had these balance points on my charts for a while.I did find them difficult to trade,though,there were times when they stopped price,and price reacted quickly away,but there were lots of other times where price knifed right through,or didn't react enough for a good trade,or just passed back and forth through them without seeming to recognize them.They seemed to have off and on periods.

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  #67 (permalink)
 
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cory View Post
it works for 6a,b,c,e on my end

Cory,

At long last got it to work on all the charts. Over the weekend I cleaned up everything, and it looks very good. Thank a million for your hard work and perseverence.

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  #68 (permalink)
 
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tradermark View Post
Thanks for the useful post.I had these balance points on my charts for a while.I did find them difficult to trade,though,there were times when they stopped price,and price reacted quickly away,but there were lots of other times where price knifed right through,or didn't react enough for a good trade,or just passed back and forth through them without seeming to recognize them.They seemed to have off and on periods.

Take a look at post #12 for guidance of the use of the 50% Balnce Point. It will do exactly what you are say, jump around this line until its takes off in the direction of the market trend. If it knifed through it must have retraced back to touch it before continuing up or down. Any how watch it for a couple of days, with at least 3 lines on the chart, and you will see how it reacts .

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  #69 (permalink)
tradermark
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Thanks for your help,perryg,much appreciated.

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  #70 (permalink)
 Affliction 
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perryg View Post
Cory,

At long last got it to work on all the charts. Over the weekend I cleaned up everything, and it looks very good. Thank a million for your hard work and perseverence.


Perryg,

As mentioned in the quote above, you cleaned up everything? Can you explain? I ask because, I still cannot get the balance line indicator to show on my charts. Any ideas would be useful.

Thanks!

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