trendie
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FXIgor,
A very fullsome reply. (this generally doesnt bode well)
I use similar principles, and do not have bad experiences. ( on the whole
)
I was trying to point out, that;
a: you use big MAs to identify trend,
b: you use smaller MAs to ensure that you take entries in the direction of the main trend.
c: that you specifically use Hull-MAs to achieve this.
I did not say it doesnt work.
On the contrary, I was acknowledging the underlying principle as being of sound logic, ie. follow the trend, which I myself use.
I was making a general observation that this "principle" is well accepted. (ie,. not unique)
(eg, Bogavino uses MA cross-overs, but uses RSI as trend-direction.)
Any decent trend-following would follow these principles.
Your anology of needle is a good one - a compass needle pointing out the direction of the trend.
I did not say TSR anticipates the trend.
It is unfair to call your system pattern-recognition - as the patterns are caused by the Execution Line and Signal Line. (Hull-MAs). This would be like saying MA-cross-over is a pattern recognition.
The trade triggers are MA-derived, not price-action derived. (There are some dark-siders on these boards who may take issue with you describing your triggers as pattern-recognition.)
The other general observation, regarding Hull-MAs, was that I couldnt look at my charts on any platform that didnt have Hull-MAs, which may restrict your potential platforms.
(you may be restricted if you were swing-trading, and checking up on your positions at work, or on another machine that didnt have MT or Hull-MAs. )
My posts were not meant in any negative way, other than pointing out the underlying principle is not unique, only the use of Hull-MAs.
I acknowledge your real-time calls today, resulting in the pips made. The downloadable file attest to that.
I feel empathy with your set-up, as I can relate to it. The difference would be that I dont look at 15-min charts (you do this in the paltalk room as you want to be able to offer up many real-time trades, which I applaud).
I use multi-hour charts, so my trades last longer, and get larger chunks, but with fewer trades.
(I am still working on the pateince bit.)
The point about the bars I think is valid, as you potentially allow yourself to be misled by reformed candlesticks. (Ross 123 are valid reversal patterns for exits)
Just about any Big-EMA as trend-identifier, and 2-Small-EMA cross over would work, as you would ignore signals that contradicted the Big-EMA direction, thus reducing whipsaws.
My point, if any, is that the underlying idea is robust, but nothing special.
This does not invalidate anything that you demonstrate on paltalk.
Thats a pretty balanced review, as far as I can see.
Good luck for your trading tomorrow.
A very fullsome reply. (this generally doesnt bode well)
I use similar principles, and do not have bad experiences. ( on the whole
)I was trying to point out, that;
a: you use big MAs to identify trend,
b: you use smaller MAs to ensure that you take entries in the direction of the main trend.
c: that you specifically use Hull-MAs to achieve this.
I did not say it doesnt work.
On the contrary, I was acknowledging the underlying principle as being of sound logic, ie. follow the trend, which I myself use.
I was making a general observation that this "principle" is well accepted. (ie,. not unique)
(eg, Bogavino uses MA cross-overs, but uses RSI as trend-direction.)
Any decent trend-following would follow these principles.
Your anology of needle is a good one - a compass needle pointing out the direction of the trend.
I did not say TSR anticipates the trend.
It is unfair to call your system pattern-recognition - as the patterns are caused by the Execution Line and Signal Line. (Hull-MAs). This would be like saying MA-cross-over is a pattern recognition.
The trade triggers are MA-derived, not price-action derived. (There are some dark-siders on these boards who may take issue with you describing your triggers as pattern-recognition.)
The other general observation, regarding Hull-MAs, was that I couldnt look at my charts on any platform that didnt have Hull-MAs, which may restrict your potential platforms.
(you may be restricted if you were swing-trading, and checking up on your positions at work, or on another machine that didnt have MT or Hull-MAs. )
My posts were not meant in any negative way, other than pointing out the underlying principle is not unique, only the use of Hull-MAs.
I acknowledge your real-time calls today, resulting in the pips made. The downloadable file attest to that.
I feel empathy with your set-up, as I can relate to it. The difference would be that I dont look at 15-min charts (you do this in the paltalk room as you want to be able to offer up many real-time trades, which I applaud).
I use multi-hour charts, so my trades last longer, and get larger chunks, but with fewer trades.
(I am still working on the pateince bit.)
The point about the bars I think is valid, as you potentially allow yourself to be misled by reformed candlesticks. (Ross 123 are valid reversal patterns for exits)
Just about any Big-EMA as trend-identifier, and 2-Small-EMA cross over would work, as you would ignore signals that contradicted the Big-EMA direction, thus reducing whipsaws.
My point, if any, is that the underlying idea is robust, but nothing special.
This does not invalidate anything that you demonstrate on paltalk.
Thats a pretty balanced review, as far as I can see.
Good luck for your trading tomorrow.
