- September 5, 2018
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Hello All,
I'm dweb, and initially began right here, "Quantum Tremendous Channel". That is my second thread:
Trade When Triangle (TWT), now aptly known as dwebTWT, was fashioned when Silver, (XAUUSD) was beneath full Market Makers management and manipulation. I hope this technique that may be utilized to any asset.
This a guide technique, however you might be free to assist develop the indicator for it.
Terminology:
SB: This refers back to the bar chosen to be the beginning bar the place the quick horizontal line (SBL) will probably be drawn both on the H or L of the SB relying development path of earlier bar (TT)
TT: Goal Flip. This may be an up development bar the place Bar the shut of the SB has to interrupt the L of the TT. reverse for a down development TT. (see posts #51 & #67)
HPE: Excessive Likelihood Entry. In an up development, The H of SBL is exceeded by the L of the any n-bar after the SB.
HPX: Excessive Likelihood Exit. This may be confirmed by an HPE in the wrong way, OR what ever the dealer feels snug with. No onerous and quick guidelines right here but.
TWT: Trade When Triangle. That is the results of a triangle fashioned when a 2nd diagonal line is drawn from the SB & SBL to the very best H of the bars within the present TWT set.
dTWT: Double Trade When Triangle. That is the results of a double triangle fashioned when a 2nd diagonal line is drawn from the SB & SBL to the H of the bar that exceeds the H of the SB, and a third diagonal line is drawn to the L of the bar that exceeds the low of the SB within the present present TWT set.
Technique Tester exhibiting how trades had been made:
++ posts #82-#84 will present how trades had been accomplished as an entire
Technique outlined:
++ submit #164 accomplished by Platanero brings all of it collectively in its present kind.
Time-frame: pending the asset and buying and selling fashion:
++ M1-H1
Monitoring:
++ H4 -MN1
For now an image to moist the urge for food.
CADCHF
++ Breakout of Inside bar channel noticed.
++ MA20 crossed up MA55
++ Channel & Mid traces upward development not but confirmed.
++M5 confirmed all the foundations
//There are lots of power meters or variations thereof obtainable on FF. Please search and use what suite your fashion.
/Be aware you may also change the traces of if it interferes together with your buying and selling system.
dweb(◆)