ER2 TTM_5014_Slingshot

[mkp14]

Hi
I am testing and trading old method with TTM any improvement and suggestion will be appreciated very much
Thx
Mkp14

[walterw]

Nice clean chart Mkp... can you tell exactly all indicators and inputs? please keep posting, this is a very nice argument to work on,posting will help you a lot and we will keep interacting.... cheers Walter.

[mkp14]

Hi Walterw
Thx for reply
Here is exeplation of all Indicators on 55tick chart

1. TTM Trend.ELD
2. EMA (21)
3. EMA 8
4. EMA 200

Subgraph 2

1. 500cci.ELD ( By Walterw)
2. Added 14cci on top of it

Subgraph 3
5.2.2 (h+l+c) Stochastics slow
21.14.7 (h+l+c) Stochastics slow

mkp14

[cooter]

	Quote:	mkp14
	Hi Walterw Thx for reply Here is exeplation of all Indicators on 55tick chart 1. TTM Trend.ELD 2. EMA (21) 3. EMA 8 4. EMA 200 Subgraph 2 1. 500cci.ELD ( By Walterw) 2. Added 14cci on top of it Subgraph 3 5.2.2 (h+l+c) Stochastics slow 21.14.7 (h+l+c) Stochastics slow mkp14

Interesting chart.

Just curious, though. What's the purpose of the 200EMA on your chart for? Maybe a 50EMA might be more useful here (seeing that you've got a 50 cci on there)...

[walterw]

	Quote:	cooter
	Interesting chart. Just curious, though. What's the purpose of the 200EMA on your chart for? Maybe a 50EMA might be more useful here (seeing that you've got a 50 cci on there)...

HI Cooter, obviously we will see his reply on this.... my opinion on that 200 ema is that it helps to show the overall larger trend plus a clear reading of momentum as his smaller emas are quite far from ema 200... wich suggests the market its trending.... if his small emas get to near the 200 ema we know market is sleeping....

mkp : you said cci is on input 500... seems is set to 50 is it ? wich would be more logic on 55T... cheers Walter.

[mkp14]

Hi
It is for major support and resistant if price touch and ttm rotation feel more confidant to take a trade thats all
mkp14

[walterw]

I like the distance between small emas and ema 200.... suggests momentum on the market...

[mkp14]

Hi Walterw
yep it 50cci not 500cci and also it was given by you
Thx for it
mkp14

[walterw]

Glad to help mkp... now tell me, what would be the exact entry criteria there, wich indicator will be king to give you the entry...? I like your stoch crossing back up that 20 line... at least on this ocassion...

[mkp14]

Hi Walterw
Thx for keep in touch. I have tried 5014 50zlr and 20 schos cross so far 5014 give me let entry does not give me enough room for stop while 20cross worked out good and now I am testing 5014 cross at -50 line not zero and also +- 100 line on cci is major support and resistance in chart both trade has -100 support and 14cci bounce at
-100 and as soon as cross -50 I enter and it is also conform by 20 sch cross. This I learn from your post of M phenomena to enter at top of M not cross at middle of M so it gives more room for stop.Thx for everything so helpful.
thx
Mkp14