(2018-07-24, 12:21 AM)pcabc Wrote:(2018-07-24, 12:03 AM)malaguti Wrote: In prorealtime I've created this indicator which gives a value for each stage
Stage 2 = 1, stage 4 = -1 and stage 3 and 1 =0
the code is attached also. It allows for a screener for a stage 2 or stage 2 continuation. let me know if you need anything for the screener
also, if anyone would like to make any suggestions, then i'm all ears
such as refining the entry, exit etc
it should be pretty self explanatory but in case of any doubt, just shout
Thanks. Looks like there are several ways to skin a cat on this. Yours looks nice. I've not plotted my, now elderly, estimates in such a manner. Looking at the chart it would look like it would work nicely with the investors method.
I updated it slightly for an earlier stage 3 since your post. and yes, its all about the investor method for me. on a weekly chart, its pretty good. allows for a long hold all the way to the end of a trend, also allows to add to positions on continuations
anyway, as you say many ways to skin a cat
I'll amend it to colour the bars as its probably easier visually