trendline criteria - Traders Laboratory

Go Back   Traders Laboratory > Blogs > wasp

Rate this Entry

trendline criteria

Posted 05-31-2008 at 10:49 AM by wasp
Ex for Neutral.
Attached Thumbnails
Click image for larger version

Name:	notes.gif
Views:	23
Size:	15.3 KB
ID:	261  
Total Comments 2

Comments

Old
firewalker's Avatar
you'll have to make them proprietary wasp, your lines = your style Making the bodies count gets your line 'closer' to price, but it'll also show price breaking the line on occasions where it would no do so, had you drawn your line otherwise. So what do you do when you have a one hour bar that's breaking your trendline but closes below it again. Don't tell me you wait for one hour
permalink
Posted 06-09-2008 at 05:15 AM by firewalker firewalker is offline
Old
wasp's Avatar
If price breaks mid candle, I wait. As I am in 24/5, I have to limit myself and give myself a break somehow so yes, I only trade on the hour.
permalink
Posted 06-10-2008 at 01:05 PM by wasp wasp is offline
 
Recent Blog Entries by wasp

All times are GMT -4. The time now is 05:55 PM.

 


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76