yes and no, but that's why I added the 5 EMA in addition to the
9 EMA because I want to see distance from the 5 EMA too not just
the 9. Visually you can see it, calibrate your eye by looking
at examples and you get a 'feel' for it, I can't tell you the %, I
just know when I see it
Posted by frtaylor on 27th of Aug 2015 at 05:13 pm
Yeah, that's sort of what I figured. I tried paper trading the
technique on E-mini futures, 15 minute candles, but it did not give
great results. I haven't gone back and reviewed that. I liked your
video on it, though. May have another go at the technique.
a big key is the 5 EMA as a filter - for example you can see
candles that look very far from the 9 EMA, however you will notice
that price might not be that far from the 5 EMA or your trigger is
close to the 5 EMA, don't do those, a good way to filter
out.
also I like to see the
MACD/BB's very wide that tells you that there is big
distance make sense?, and some divergence on a 10 CCI
indicator - if you have all this line up, probability is high
here's some chart examples, look a the MACD/BB, look at the CCI
etc
The part that's still fuzzy
Daily RVM trade examples on ES and SPX daily
Posted by frtaylor on 27th of Aug 2015 at 04:52 pm
The part that's still fuzzy for me is: how far away from the 5/9ema is far enough?
yes and no, but that's
Posted by matt on 27th of Aug 2015 at 05:10 pm
yes and no, but that's why I added the 5 EMA in addition to the 9 EMA because I want to see distance from the 5 EMA too not just the 9. Visually you can see it, calibrate your eye by looking at examples and you get a 'feel' for it, I can't tell you the %, I just know when I see it
Yeah, that's sort of what
Posted by frtaylor on 27th of Aug 2015 at 05:13 pm
Yeah, that's sort of what I figured. I tried paper trading the technique on E-mini futures, 15 minute candles, but it did not give great results. I haven't gone back and reviewed that. I liked your video on it, though. May have another go at the technique.
a big key is the
Posted by matt on 27th of Aug 2015 at 05:28 pm
a big key is the 5 EMA as a filter - for example you can see candles that look very far from the 9 EMA, however you will notice that price might not be that far from the 5 EMA or your trigger is close to the 5 EMA, don't do those, a good way to filter out.
also I like to see the MACD/BB's very wide that tells you that there is big distance make sense?, and some divergence on a 10 CCI indicator - if you have all this line up, probability is high
here's some chart examples, look a the MACD/BB, look at the CCI etc
http://content.screencast.com/users/BPTrades/folders/Jing/media/fcb0f8aa-d7ba-42ad-afe4-5fc414ed44cd/2015-08-27_1530.png
http://bpt-images.s3.amazonaws.com/0456018001438624171.png
http://bpt-images.s3.amazonaws.com/0703766001440173065.png
Thanks! I pm'd you.
Posted by frtaylor on 27th of Aug 2015 at 05:36 pm
Thanks! I pm'd you.
they virtually always are a result of a trend line break and h\s pattern
Posted by roger on 27th of Aug 2015 at 05:17 pm
on the one minute chart -
chart
Nice insight, should have thought
Posted by frtaylor on 27th of Aug 2015 at 05:30 pm
Nice insight, should have thought about that!