Disliked{quote} This is based off of price itself (close to close) so you should be able to add a moving average of 1 to your chart and get the exact middle or change from candle to line chart.Ignored
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Disliked{quote} This is based off of price itself (close to close) so you should be able to add a moving average of 1 to your chart and get the exact middle or change from candle to line chart.Ignored
Disliked{quote} Could you please add your TPL? - very nice chart Thank you!Ignored
Disliked{quote} I know, sorry. Pictures before were much better... I realised we can get more accurate sell and buy if we check price high/low. But it's not done yet. However it will be clear when you get into it. I will of course work on it. But it is really hard sometimes since it is not "clear" like you can trade trend with simple MA. But it's worth it. SFIgnored
Disliked{quote} Hi: I do not have a template for this one but will find the time in next couple of days to post one. This one was made just to post here. If you saw what I have on the screen I watch all the time it may scare you. It scares me sometimes. MDAVEM Glad you like the way it looks.Ignored
Disliked{quote} I noticed the same when I put it on another account. Not sure why that happened but try this version, it should be fine. EDIT - sorry, v3 still wasn't correct but I think v4 is ok now and should draw both the channels and the dots {file}Ignored
Disliked{quote} Hi, Would it be possible to also fix the lag with your mighty fine indicator please? When you test it on e.g. a 5 minute time frame via the strategy tester, the dots appear one or two bars behind the current candle. Thank you ScchplendidIgnored
DislikedHere is a simple and reliable way of trading the channels (but just one of very many as this thread has shown). I made a modified Keltner Channel that prints a dot when a spike has occurred. The dot may repaint until the close of the second bar following the spike so you must wait for the close. If the last channel cross was up the dot is blue, if it was down it will be magenta. I have charted two channels, one with settings 1, 10, 3 (inner channel) and one with settings 1, 10, 9 (outer channel). If both channels are printing blue ascending dots...Ignored
DislikedDear hepsibah, If it's not too much trouble, can you please explain the thinking behind the two Keltner channels and say more about the process of how a place for a dot is chosen. I am trying to replicate this on futures and cannot figure out two questions, 1) why is there the out keltner channel, 2) what is the principle behind selecting a place for a dot. Thanks in advance! {quote}Ignored
DislikedHi: Thanks for the thread. Attached image is how I am trying to use this. The bands are the original ones from the thread. The filter is "saducky" which I think is a modified HA indicator. Will post if wanted. Have other filters but do not want to clutter chart. I simply look for a break thru a well defined peak of the channels. I also have a screen with a 5 minute chart as a time to pay attention view but use the 15 minute for entries. Enough said, I do have a strange request. Could someone add an extra to the original Father indicator. If possible...Ignored
DislikedOnce you know wich side of the market to trade, (after a channel cross.) Then, you can apply whatever suits you to enter (and exit). IchimokusewavesfibostochastosmacdosPricaActionmovianaveragostrendlineos... You can even go to a smaller TF and look for the next channel break there..Ignored
DislikedJust the simple channel cross that Heps discovered is a $ maker. Donīt need much more, just to be there at the right time. Range markets will produce only small loosers or BE. This is a USDCHF 15M from yesterday {image}Ignored
Disliked{quote} Would you be so kind as to provide the settings for the indicators which you have applied in your diagram post please?Ignored
Disliked{quote} I use Dynamic Trader software, with Keltner Channels.(see picture) Settings are "similar" to the ones posted in this thread. Original settigs (Silent) are from cTrader Thereīs a latest version of cTrader: https://financefeeds.com/newest-vers...hart-features/ {image}Ignored
DislikedPutting it into context We have seen many ways of using the channels in the thread but I believe that one of the most effective uses for me is using them in conjunction with PA. My loose definition of PA here means recognising where in a PA cycle you are (which can be any tf but works best if you know the cycles above your chosen tf as well) and then recognising the give away patterns that show intention of direction. Price moves in a very consistent manner from consolidation to trend (generally three pushes/legs) to consolidation etc. The periods...Ignored
Disliked{quote} Right on Heps!! Iīm an Elliot Wave fan, look at the similar results from this other perspective. Your legs are my waves. Dynamic Trader Software, marked the "maximum" Time and Price are for the end of wave 5, in advance.(pink square). Easier said that done, I was also away today, but did manange a winner on AUDCAD 5 m. Still learning here... {image}Ignored
Disliked{quote} Great! I'm a follower of Captain Jack who only looks for three legs but I must admit I often see more. But it doesn't much matter if there are at least three and you can then start looking for the signs of a turn. And the channels certainly add another valuable tool to the box.Ignored