cattus

Hi Armand. Do you have different versions of NT? If you have the beta version and the previous version, then you will have different folders to capture the indicators. If you don't have the beta version, first try with it. Cattus

Hi Sparrow. Ha, ha, ha... Yes, Forex is like a wild wild animal... What are you scalping? e-mini? Very interesting the strategy of Woodie. In fact, like Walter mentioned in one post, the average of effectiveness is around 50 gains:50 losses. I know that some guys have strategies more effectiveness: 60 gains to 40 losses are great numbers. And I think that the comment on the blog is true, the key is the RRR, like Walter have said, because profit:stop loss of 1.5:1 or 2:1 do the work that we are looking for, well, if we have at least an effectiveness of 50:50 :o I will probe the strategy of Woodie, demo of course... .... I am learning too.... Cheers. Cattus

Hay Sparrow, the "post" does not work... mmmm, some persons make money in the trading with indicators, others with the price action... others with both.... each of us have to choose our comfortable strategies to reach the success... I have been thinking about the techniques purposes for our friend Walter, in the thread http://www.traderslaboratory.com/forums/f34/s-and-r-scalps-2990.html, they must be good for your intention to scalp the levels... Cattus

Well, I think that the Structure and the Patterns are the kings, but I also think that the indicators are good tools of support, but if we choose just one or two and study them in depth, very deeply... it is my opinion, but I can be wrong... The links you put here looks very interesting, thanks. Cheers. Cattus

Sorry, I forgot to mention the trendlines... Cheers. Cattus

I define in a simplistic form the structure of my charts, of the pairs like EURJPY: Psychological levels: .00 or .50 Possible psychological levels: .20 to .25 or .75 to .80 High of the previous sesion Low of the previous sesion Open of the sesion Pivot Point (only the central pivot point) And to identify intraday important levels, I am using the indicators Swing(5) and Fractals. Continuous reactions of the price on those levels indicate the strongest levels. I do not use data of volume, because unfortunately the volume in the forex is not credible. The volume data can be very slanted to the data and strategies that use traders from where those data come. All the levels I put, I understand that can be zones, not precise points of the price... When you identify some techinques I will be happy to hear about them.... Salu2. Cattus

Hi Sparrow. I know that you understand the importance of the price action, but anyway, let me tell you that about the different areas of the analisis, I have the following order of importance for those areas: 1st. Structure. There are important levels for each pair or another kind of instrument. The price moves from one level to other level. 2nd. Patterns. When the price react to the levels create patterns. Some patterns work better than others in order to predict the action of the price. Ms(Ws) are a good example of some kind of patterns. 3d. Indicators. It help to us to understand the momentum, to see specific signals, to see the action of the price like an oscillator (with its benefits), etcetera. I always try to understand the market in my analisis by those order, but let me tell you that I fight all the time in order that the indicators does not rob all my attention, because it happens to me very frequently... Well, I just wanted to comment that.... Cheers. Cattus

Hi Sparrow. My apologizes for my delay to answer your request, but you know, the rest days... I just read this thread yesterday.... I requested for help to do the Guppy MACD and Sparrow helped me to do this indicator to use in NT. Thanks again for this, Sparrow. I am learning to use this indicator. I am not a master to use it. I am trying to substitute the indicator BoP used in the strategies of walterw. I am using it to detect divergences and also to filter the signals of the FXST3CCI indicator. Walter suggested the signals of the waves of the FX Snipper that exceed the levels of 50 and -50, but besides to obtain the divergences with the G-MACD, my intention is to take waves of the FX Snipper that correspond to continuation, cases in the FXS does not exceed the levels 50 or -50, sometimes, it does not exceed the zero level. I attached two charts in order to explain some basic uses with it. You can see there that but as it is, I believe that it is a good indicator that provides with much information, I do not know you who think about it... but remember, the most important always are the patterns, not the indicators.... Cheers. Cattus My best desires to all of you for this new year 2008. I attach two charts with some signals.

More than deserved that rest, Walter. Thanks for all your great contributions! :thumbs up: My better desires for this Christmas and the next New Year 2008, to you, to your family, to all the guys of Tokyo gang and finally, to all this great site of TL. Happy holidays to all, buddies!!! :cheers: Cattus

Thanks for your comments, Walter and BlowFish. I had been thinking about it and now I am understanding better the utility of the tick charts. I believe that the similarity on the EURJPY, between ticks (6 and 22) and minutes (1 and 5), is a coincidence, only that. And may be it is only on a precise hours of some days... Cheers. Cattus

Well :hmmmm:, I think that I will need more practice with the tick charts in order to understand its use very clearly. As I prefer to use MT4 instead of NT, and if 22t is more less equal to 5 min, and 6t is more less equal to 1 min, then I guess there not are to much differences between them in order to reach the same results that you usually talk in yours threads. :hmmmm: Well, I hope that I am right about it... :embarassed: Thanks for your prompt response. Saludos. Cattus

Hi Walter! I hope that you are well. I have some questions about the equivalence between the tick and minute charts. I made a simple comparison between a tick charts and minutes charts in the EURJPY pair, and I found that there the 5 minutes chart is more less equivalent to the 22 tick chart, and the 1 minutes chart is more less equivalent to the 6 tick chart. But I suppose that it can be different depending on the volatility of the moment. Do you have some equivalent similar to the one of my comparison? Why do you prefer to use tick charts insted minutes (or seconds) charts? Cattus

Congratulations, Walter. I hope that you continue producing many more posts. Thanks for your contributions. Cattus

Hi guys. I attach a pic and a MT4 indicator of a personal version of FXST3CCI. I took the ideas that Igorad used with the BOP indicator an I made something like that with the FX Snipper (the bars are colored depend of the difference between them (delta)). I tested it yesterday and today and I found it works good. I understand a little to code in MT4, but I am not a coder, then, if somebody see something wrong in this version, let me know it, pls. May be some of you find this version useful... Regards. Cattus FX Sniper's T3 CCI_d.mq4

Thanks again for your help, Igorad. Cattus