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Range or Choppynes


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Range or Choppynes

  #11 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
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This is range bound and a lot of it could qualify as chop.



I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #12 (permalink)
 
Trankuility's Avatar
 Trankuility 
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Interesting, because to me that is a nice trend and lots of places where I would take trades! hah

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  #13 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
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Trankuility View Post
Interesting, because to me that is a nice trend and lots of places where I would take trades! hah

That was my point.

Everyone has different criteria for trading methods as well as what qualifies as chop, range bound, Good/Bad trading opportunities.

You saw opportunities for "LOTS" of trades. The way I trade called for 1 trade which went to +60 .

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #14 (permalink)
 
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 trs3042 
Holland, Michigan
 
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ThatManFromTexas View Post
This is range bound and a lot of it could qualify as chop.


Attachment 36848

Hello @ThatManFromTexas,

Would you share what bands and the settings you are currently using???

TIA,

Rick

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  #15 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
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trs3042 View Post
Hello @ThatManFromTexas,

Would you share what bands and the settings you are currently using???

TIA,

Rick

The baseline is EMA((EMA,10),10)

The bands are 20 tick offsets.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #16 (permalink)
 
trs3042's Avatar
 trs3042 
Holland, Michigan
 
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ThatManFromTexas View Post
The baseline is EMA((EMA,10),10)

The bands are 20 tick offsets.

@ThatManFromTexas

Would you explain how to set that up? I've never seen it worded that way.

TIA,

Rick

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  #17 (permalink)
 
Trankuility's Avatar
 Trankuility 
California
 
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ThatManFromTexas View Post
That was my point.

Everyone has different criteria for trading methods as well as what qualifies as chop, range bound, Good/Bad trading opportunities.

You saw opportunities for "LOTS" of trades. The way I trade called for 1 trade which went to +60 .

I hear ya good sir.

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  #18 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
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trs3042 View Post
@ThatManFromTexas

Would you explain how to set that up? I've never seen it worded that way.

TIA,

Rick

@trs3042

That is a smoothed ema or a double ema (and ema of an ema).

This indicator I posted in the elite downloads. It will let you use a double or single moving avaerge of a bunch of different types. To make a double EMA , set both choices to EMA with the same length


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
Thanked by:
  #19 (permalink)
 
trs3042's Avatar
 trs3042 
Holland, Michigan
 
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ThatManFromTexas View Post
@trs3042

That is a smoothed ema or a double ema (and ema of an ema).

This indicator I posted in the elite downloads. It will let you use a double or single moving avaerge of a bunch of different types. To make a double EMA , set both choices to EMA with the same length


@ThatManFromTexas,

Ok, got the baseline. One more question.......how do you create the 20 tick offset??? Sorry for all the questions.

Rick

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  #20 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
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Thanks Received: 4,355



trs3042 View Post
@ThatManFromTexas,

Ok, got the baseline. One more question.......how do you create the 20 tick offset??? Sorry for all the questions.

Rick

@trs3042

Check your PM

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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Last Updated on May 10, 2011


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