BollingerWorm !!!
- Thread starter columbus
- Start date
still.. aren't you having a good day with the worm ?? 
5-6 trades are tough to handle, aren't they ? Keeping an eye on it all the time.
5-6 trades are tough to handle, aren't they ? Keeping an eye on it all the time.
1 trad was good..but as soon as stop hitted for 11:45 trade..psychology completelly change..when a trader uses his discreation in a mechanical method.i think he mess up with the system..so today I entred right but late..today range is small ..ya but system was perfect...need to sit infront of live market more
sometimes when price moves slightly then they hit stoploss but dont pick the flow of trend also then our range trade get spoiled..such spots are very difficult to handle .I get confused .columbus sir may have found the solution of it..he can only guide..
I am also thinking whther should we take every trade or only selective trades..?
Thanks
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ya good day for worm system..but not a good day for a trader like me who uses his discreation in every system
1 trad was good..but as soon as stop hitted for 11:45 trade..psychology completelly change..when a trader uses his discreation in a mechanical method.i think he mess up with the system..so today I entred right but late..today range is small ..ya but system was perfect...need to sit infront of live market more
sometimes when price moves slightly then they hit stoploss but dont pick the flow of trend also then our range trade get spoiled..such spots are very difficult to handle .I get confused .columbus sir may have found the solution of it..he can only guide..
I am also thinking whther should we take every trade or only selective trades..?
Thanks
1 trad was good..but as soon as stop hitted for 11:45 trade..psychology completelly change..when a trader uses his discreation in a mechanical method.i think he mess up with the system..so today I entred right but late..today range is small ..ya but system was perfect...need to sit infront of live market more
sometimes when price moves slightly then they hit stoploss but dont pick the flow of trend also then our range trade get spoiled..such spots are very difficult to handle .I get confused .columbus sir may have found the solution of it..he can only guide..
I am also thinking whther should we take every trade or only selective trades..?
Thanks
hi thanks TP bhai for your help
I tested ADX but its very lagging..sometimes when it comes out from 20 region..trend has exhausted & reverse..only in strong move, it shows any result,otherwise its value is very far behind...as today, it come out from 20 region at 9:45 ,that was ok..but whole day it didnt come out..at 2:54 it came out from 20 region till then trend is already finished & reversed..
or are you talking about strong trend days..when adx is up whole day..means should take trade only in strong trend days..?
RSI i didnt check..will check on last month data as that much available in TT.
sometimes I really frustated that when will my trading will improve..I tried everything, but anyhow I fail everytime..i still not able to make a profitable system..I just need 150-200 points regularly..who bhi difficult ho gaya hai..
sorry should not bother u from my blabbering
Thanks bhai for your help
I tested ADX but its very lagging..sometimes when it comes out from 20 region..trend has exhausted & reverse..only in strong move, it shows any result,otherwise its value is very far behind...as today, it come out from 20 region at 9:45 ,that was ok..but whole day it didnt come out..at 2:54 it came out from 20 region till then trend is already finished & reversed..
or are you talking about strong trend days..when adx is up whole day..means should take trade only in strong trend days..?
RSI i didnt check..will check on last month data as that much available in TT.
sometimes I really frustated that when will my trading will improve..I tried everything, but anyhow I fail everytime..i still not able to make a profitable system..I just need 150-200 points regularly..who bhi difficult ho gaya hai..
sorry should not bother u from my blabbering
Thanks bhai for your help
Hi niftytaurus,
TP & others and myself used to discuss a lot earlier on this SYSTEM, with every day trades.
I have couple of suggestions for you ,I hope you will take it good spirit.
1.Keep the CHART as squarer as possible.Otherwise you will loose DEPTH since chart is
stretched in ONE direction.
2.Merge VOLUMES with WORM.(I mean ,same panel)
For merging click left button of mouse on VOLUME and hold it.Small TRIANGLE appears.
Move mouse UPWARDS, triangle changes it position then RELEASE the mouse button.
Erstwhile VOLUME panel ,you reserve for another INDICATOR you are comfortable with.
( RSI/ MACD/ ADX).
TP & others and myself used to discuss a lot earlier on this SYSTEM, with every day trades.
I have couple of suggestions for you ,I hope you will take it good spirit.
1.Keep the CHART as squarer as possible.Otherwise you will loose DEPTH since chart is
stretched in ONE direction.
2.Merge VOLUMES with WORM.(I mean ,same panel)
For merging click left button of mouse on VOLUME and hold it.Small TRIANGLE appears.
Move mouse UPWARDS, triangle changes it position then RELEASE the mouse button.
Erstwhile VOLUME panel ,you reserve for another INDICATOR you are comfortable with.
( RSI/ MACD/ ADX).
Thanks columbus Sir
your every suggestion is like a blessing for me..dont worry sir, whatever will u suggest, will take in best spirit as you are advising only for my benefit.
I am also reading continuously every post of thread where you all best traders are discussing about method.
we dont need volume in this system ..so can I hide volume panel..
I tried to make chart square..but when it is small in size, it wil be square.as soon I zoom it..it again get rectengular.. wil try it again
Thanks sir
your every suggestion is like a blessing for me..dont worry sir, whatever will u suggest, will take in best spirit as you are advising only for my benefit.
I am also reading continuously every post of thread where you all best traders are discussing about method.
we dont need volume in this system ..so can I hide volume panel..
I tried to make chart square..but when it is small in size, it wil be square.as soon I zoom it..it again get rectengular.. wil try it again
Thanks sir