GU 1 hr set up nicely with the positive close around 6759.
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How to program Higher-High Higher-Low 19 replies
What are Higher High, Higher Low, Lower High and Lower Low? 10 replies
Higher High/Higher Low indicator conversion from 4 to 5 decimals. Help anyone? 2 replies
Can u point me to code 2 show each bar with a higher high & higher low? 2 replies
DislikedHey Vantage,
Just so that you don't think you are the only one reading and updating this topic, I'm a follower of this method as well. Actually, I have been trading pullbacks using the Stoch 5-3-3 oscillator on the hourly and 5min charts, and have decided to use HL or LH to further filter my entries.
I will post a more detailed explanation of how I trade when I find time.
For now, there was a nice trade on the eu this morning around 5:45GMT (7:45 Cyprus time). LH on the Daily and Hourly charts, and a pullback with a crossover of the Stoch...Ignored
DislikedHey Vantage,
I'll have a look at the link you provided. To be honest, so far I was using the Stoch crossover in the direction of the trend (whatever way you use to calculate it) to enter. This HL and LH method opens up a new can of possibilities for me, which I am exploring.
The issue of course is potentially many whipsaws. There are a lot of LH and HL out there, how do you choose the "right ones"?
Case in point, we now have a LH on the Hourly and LH on the 5min. A good setup in other words. Let's see how it will work out... (of course,...Ignored
DislikedSeems I chose the worst day to post my charts above. Have been oscillating up and down for the whole day, getting signals and not going anywhere...
Vantage, how do you deal with sideways days? Of course, you don't know in advance a trade will turn back and whipsaw you...
Do you tend to move your stops to b/e after a certain move of the instrument? Do you rush to take profits .. but then exit too early on those days when the market is trending? Or do you just keep your stops where they are, accept that whipsaws are part of the game and more than...Ignored
Dislikedhey Vantage,
Thanks for the indicator, I will check it out.
I noticed you were mostly taking short trades today. Can you explain your logic please?
Was it because the hourly was also making LH s?
I'm having a bit of trouble deciding which direction of the LH or HL to take, to be honest.... Today's e/u session was a bit of a mess, started bullish, then turned down...
Awaiting your thoughts
Edit:
how do you make the Moving Average appear, by the way?Ignored