Traders Laboratory - View Single Post - The Chimp`s new "Futures Scalps"
View Single Post
  #6 (permalink)  
Old 11-05-2007, 11:15 PM
walterw's Avatar
walterw walterw is offline
walterw is The Trader Chimp

Trader Specs
 
Join Date: Nov 2006
Location: Argentina
Posts: 2,141
Thanks: 0
Thanked 32 Times in 23 Posts
Re: The Chimp`s new "Futures Scalps"

So now that we know the "Large Direction" and the "Subcycles", we need to see our "Timing Entry Triggers" the one that tells me , now press the mouse button... it will NEVER be perfect, but has to be optimized...

So on this case the same lines that tell us the "Subcycles", will be also used in a quite efective way for our "Timing Entry Trigger"....

The Hull 4 and its signal sma 4 when they crossover they give an entry signal... this way we can make our timing on the price pane and not with an oscillator.. (something new for me, as I normally time with cci)...








i compared this signals with the oscillator, very similar... the edge is simplicity here...

If you look some of this examples here you will see some cases where there was a lot of whipsaws... well take the first one, then if you didnt get stoped with the chimps universal stop system http://www.traderslaboratory.com/for...stem-2754.html should you be glad...

Thats the very simple way of timing the entries on this scalping aproach... cheers Walter.
Attached Images
File Type: png timing entry triggers 1.png (105.4 KB, 1272 views)
File Type: png timing entry triggers 2.png (130.4 KB, 1250 views)
File Type: png timing entry triggers 3.png (114.1 KB, 1241 views)

__________________
you can check my site on my profile contact info...
Reply With Quote