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Forex Forum → Technical Indicators → horizontal lines"levels" indicators could be improved!!!!

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Posts: 6

1 (edited by ahmedalhoseny 2012-07-25 21:53:38)

Topic: horizontal lines"levels" indicators could be improved!!!!

Another idea come across my mind i think it will generate lots of profitable strategies in a new way

The idea is to add more options to indicators that draw horizontal lines " fractals , ross hook"

Example :
"The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The position opens below the ross hook",
                    "The position opens above theross hook",
                    "The position opens below the ross hook",
                    "The position opens above the ross hook"
                    "The bar opens above the ross hook after opening below it",
                    "The bar opens below the ross hook after opening above it",
         Any ideas !!!!!

Re: horizontal lines"levels" indicators could be improved!!!!

Hey again smile

any ideas for how alter these types of indicators !!!!

Example if price above last fractal  as an " opening logic"
http://www.flickr.com/photos/85383260@N … /lightbox/

Re: horizontal lines"levels" indicators could be improved!!!!

ahmedalhoseny wrote:

Another idea come across my mind i think it will generate lots of profitable strategies in a new way

The idea is to add more options to indicators that draw horizontal lines " fractals , ross hook"

Example :
"The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The position opens below the ross hook",
                    "The position opens above theross hook",
                    "The position opens below the ross hook",
                    "The position opens above the ross hook"
                    "The bar opens above the ross hook after opening below it",
                    "The bar opens below the ross hook after opening above it",
         Any ideas !!!!!

How long after the ross hook would you still consider  "The bar opens above the ross hook" to be valid?

Re: horizontal lines"levels" indicators could be improved!!!!

SpiderMan wrote:
ahmedalhoseny wrote:

Another idea come across my mind i think it will generate lots of profitable strategies in a new way

The idea is to add more options to indicators that draw horizontal lines " fractals , ross hook"

Example :
"The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The position opens below the ross hook",
                    "The position opens above theross hook",
                    "The position opens below the ross hook",
                    "The position opens above the ross hook"
                    "The bar opens above the ross hook after opening below it",
                    "The bar opens below the ross hook after opening above it",
         Any ideas !!!!!

How long after the ross hook would you still consider  "The bar opens above the ross hook" to be valid?

I think Ahmed refers to similar logics implemented in band indis, so "bar opens above" is satisfied each time when bar opens above. If you want it to happen at a cross, then logics is "opens above after opening below".

Re: horizontal lines"levels" indicators could be improved!!!!

SpiderMan wrote:
ahmedalhoseny wrote:

Another idea come across my mind i think it will generate lots of profitable strategies in a new way

The idea is to add more options to indicators that draw horizontal lines " fractals , ross hook"

Example :
"The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The position opens below the ross hook",
                    "The position opens above theross hook",
                    "The position opens below the ross hook",
                    "The position opens above the ross hook"
                    "The bar opens above the ross hook after opening below it",
                    "The bar opens below the ross hook after opening above it",
         Any ideas !!!!!

How long after the ross hook would you still consider  "The bar opens above the ross hook" to be valid?

As Much as the line still valid

Re: horizontal lines"levels" indicators could be improved!!!!

footon wrote:
SpiderMan wrote:
ahmedalhoseny wrote:

Another idea come across my mind i think it will generate lots of profitable strategies in a new way

The idea is to add more options to indicators that draw horizontal lines " fractals , ross hook"

Example :
"The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The bar opens below the ross hook",
                    "The bar opens above the ross hook",
                    "The position opens below the ross hook",
                    "The position opens above theross hook",
                    "The position opens below the ross hook",
                    "The position opens above the ross hook"
                    "The bar opens above the ross hook after opening below it",
                    "The bar opens below the ross hook after opening above it",
         Any ideas !!!!!

How long after the ross hook would you still consider  "The bar opens above the ross hook" to be valid?

I think Ahmed refers to similar logics implemented in band indis, so "bar opens above" is satisfied each time when bar opens above. If you want it to happen at a cross, then logics is "opens above after opening below".

Exactly you are right footon , also you can refer to top bottom indicator " it has the options i need to add to ross hook, fractals

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