The SETUP and the Chuvashova Fork

WAB. The SETUP and the Chuvashova Fork.

There isn't a free lunch.
Please learn the entire thread.
Nobody likes to should cease and clarify issues over and over, to newcomers who haven't achieved their homework. In case you are referred to this primary publish, please learn the entire thread. It's actually annoying to have somebody soar right into a dialogue after they dont have a clue what's being mentioned. Do your due diligence. Learn the thread. Carry some training into the dialogue. Going to a gunfight with a knife isn't going to get you any factors.

I'm thinking about a dialogue on methods to make use of the Chuvashova Fork (hereinafter known as the CF.) and its relationship with the precept of the HH HL LL LH chart construction and one thing that I name the SETUP.

You could find data on the CF at https://www.mql5.com/en/articles/1352. There's a hyperlink there to Stanislav Chuvashovs internet web page, nonetheless the internet web page is in Russian and we would require a translator to assist us out with that. There's additionally a hyperlink to 17 classes additional down the web page, additionally in Russian. Hopefully a translator will come alongside and be form to us.

In the meantime, I'm positive that we will kind group right here and determine all of it out ourselves.

The CF is much like what I've known as a BW line in my FF Animal Farm thread for these thinking about it, as mentioned there. My curiosity in the CF is a results of that exact aspect of my curiosity in a Renko System. (We are going to use each commonplace and Renko charts right here.)
So, I want to focus on and develop a buying and selling technique utilizing the CF and chart value construction.

Some primary thread guidelines:
1. Be well mannered.
2. Don't add all kinds of indicators. (The focus right here is on value, not 1,000,000 totally different pet squiggly strains.)
I'll use the commonplace Invoice Williams AO, AC, Alligator and Fractals, that are an integral a part of the system and shouldn't be modified or modified.
ea improvement:
Anybody who desires to develop an ea for this, please achieve this on a separate thread. I dont need this one to lose its focus.
(There's code for an ea on the /1352internet web page hyperlink above. I checked this out a few years in the past however I feel there are points with the code since MT4 underwent all of its upgrades and I keep in mind it was much less that passable to me at the time. Be at liberty to look there for ea data, however please do any improvement of that on a separate thread. I would love this one to be on subject, not consumed with tweaking code. Thanks.)
CF Indicators:
There are a number of CF indicators that I've discovered. All of them appear to do a lot the identical factor with the exception of 1, which provides entry ranges and stops.
Later, I'll use that one on my charts and recommend that we both attempt to affirm its use or discover causes to reject utilizing it, in favor of one thing higher, and even not use an CF computerized indicator in any respect.
I wish to develop the thought of the CF earlier than we go to an indicator for it. Having an indicator with out understanding it's just about ineffective.

Lets have some enjoyable, see what we will study and see if we will make some pips.