Can you share the Elemental trader and trendstrength_spread_indicators?
if you mean the videos regarding the cypher pattern, see there: http://tradingarsenal.com/tutorials-...-tutorial.html
Last edited by Luzonxzy; 06-18-2012 at 07:07 PM.
By the way, why do you not like the cypher pattern? Its looks pretty good from what I see. Did you do some back testing and find that it sucks?......(Funny thing is I never reviewed the exact ratios for this pattern and may have accidentally discovered a new pattern very similar to the cypher pattern. Now I have to go do the back testing now that I have the exact ratios for the cypher pattern. Oh well, my pattern works ).
Both the GBPCAD and USDCAD trades I posted earlier rolled over like a dog (100+ pips each)........Unfortunately neither one reached my desired entry points. I tend to enter butterfly patterns at the 127.0 & 141.4 fibs extension of the XA leg.....if there are any suggesting on how to improve entries on butterflies feel free to post them up.
1.the examples of the cypher pattern on the videos are crazy. Same pattern is span across different timeframes, different swing sizes, ...complete madness. But ignore me, and if you find it usefull trade it well.
2.there are cases of butterfies where my entry is at 1.13, and price never reaches 1.27. In my approach in the patterns both time and price together counts and point D location depends on A, B, C points location.
I will check and attach an example.
Ok Kor. I'll be waiting for that example.