Purple line for higher time frame

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kohalmiz
Posts: 13
Joined: 07 Dec 2011, 13:00
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Purple line for higher time frame

Unread post by kohalmiz »

I wanted to put to my chart the purple of the higher time frame to understood if i trade against it or within it. After that i checked on the chart that the line is on the same place as the red of alligator on the higher time frame. And it was not exactly...
Then i put on the same chart the 5 times moving average of the red alligator, see attached picture.
And noway i could achieve the same line...
Can you please help maybe i made a stupid mistake...
By the way can i get the dot alert without speech? You promised yesterday... :)
Thanks,

Zoltán
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immy
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Joined: 22 Nov 2010, 16:46
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Re: Purple line for higher time frame

Unread post by immy »

Yes you can get that without speech just go to indicator properties and switch of the sound! :D

The purple is the Red line of 5X time frame(ish). Its not the exact replica. Its based on a Fibonacci numbers ( I wont tell 8-} )

What are you trying to achieve here anyway?

From your first comment I would suggest you have another read of the book! Honestly, not kidding! i did talk about the red and the purple line its relationship!

cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Purple line for higher time frame

Unread post by immy »

OH well! here is another Dot Indicator without the speech just the Ding and a Visual Alert! happy??
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
kohalmiz
Posts: 13
Joined: 07 Dec 2011, 13:00
13

Re: Purple line for higher time frame

Unread post by kohalmiz »

I would like to avoid to trade against it, if it is close.
Of course i could also swith to the higher time frame, but this way i can see it immediately.
Thanks for the indi.
Br,
Zoltán
immy wrote:Yes you can get that without speech just go to indicator properties and switch of the sound! :D

The purple is the Red line of 5X time frame(ish). Its not the exact replica. Its based on a Fibonacci numbers ( I wont tell 8-} )

What are you trying to achieve here anyway?

From your first comment I would suggest you have another read of the book! Honestly, not kidding! i did talk about the red and the purple line its relationship!

cheers
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immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Purple line for higher time frame

Unread post by immy »

yes ,that is exactly what its meant for. You can switch to higher time frame but if you have it there it alerts you and you can quickly change the time frame!

cheers

Many Pips to you!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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