Thread: AMPmonitor - informations & suggestions of improvemets

I dont see anything like that when i login.

Sorry for the late reply admin, ive been away from the screens.

Yeah, for me the PRZ is the size of the box. If the top and bottom of the box are more than 50 pips apart, its not a trade I consider as Im always looking to control my risk. I ideally want the risk / PRZ to be smaller than 50 pips and my target 1 to be more than 50 pips from the middle of the PRZ box. Ive found this has helped me be consistent.

My 50pip size filter for the PRZ is more through experience and art as opposed to science, so naturally for larger time frames a bigger PRZ would mean more trades and the larger risk would have to be compensated by the larger reqard. I personally also trade some hourly Pattern,and for these I use maximum 75 pip PRZ.

My own trading improved so much once I started really being selective with my trades, and since Risk is what trading is all about, I think a filter inwhich we can choose the maximum size of the PRZ would make a big difference to new traders and increase our overall trading efficiency.

I hope its not too complicated for the filter to be incorporated, it could work in a way of alerting us to patterns inwhich the PRZ is smaller than "x" amount.

i like to see new ideas, and have to admit that measuring the size of PRZ rectangle is such :-)

Please note however that all our AMPmonitor patterns were defined by us from experience and historical charts and they may not be exactly as described in the books.
It may mean that our PRZ boxes are different from what you consider.

We would appreciate if you look for it and comment regarding the PRZ boxes we present.

To add a size of the PRZ is not a problem.

Any other ideas or suggestions?
thanks again,
kor4x

I can do that, as i see a set-up, i'll post the chart and describe what Im looking at for my entry criteria.

The news lines are a good enhancement. On the daily charts, the lines blend together. Using a smaller width or eliminating them on that time frame might help visibility.

perfectly agree, ...I find them super usefull on lower TFs, but no big point to present on higher TFs. Will be corrected.

fyi: starting from this idea (on the screenshot) we are designing this week all web pages of AMPmonitor:


will keep you updated.

Recommendation: the chat is weird - since when we get into the chat - the pattern section is blocked out and vice-versa. Don't know what to do with it! Open a second window perhaps?