Recent content by walterelite

  1. W

    Advice from the experienced

    To Vanilla trader : creating a mechanical system denies some realities of this bussiness... the first great truth is that you have to much variables on the market, that combining them on the course of time you have probably infinite outputs. When you create a mechanical system, you are...
  2. W

    Picking Tops.

    Very wise on your part 5pillars, its true that overtrading its not a good teacher... its good idea to have a selective criteria... I now have linnsoft ... playing with this vb charts¡¡¡... really nice stuff, I am observing that there also is a great "clean" trend definition derived from...
  3. W

    Picking Tops.

    Hello 5pillars, I am watching and studing your entire data base of charts at charthub... great material ¡¡ there is no beter way to validate a method, than showing its performance over time... and it looks stable even on diferent type of trading days... my great observation is...
  4. W

    Picking Tops.

    For that stoped short did you use any MP level ? this latest one really was excelent on some level (red line) , do you look other charts for levels apart from the 317 T during the trading session ? good trading ¡¡ small stops, larger profits... so your stop criteria is the trendline...
  5. W

    Picking Tops.

    Dear 5pillars I am really enthusiatic about trading your aproach, looks very logic and it has a very clear reading. I attach a chart from yours today and ask you how do you manage in your experience this "aparent" false signals... do you have some filter for does or just take a small stop...
  6. W

    Picking Tops.

    Thanks 5pillars, in these example, how much time is considered for this tpo... (parameters) I am not a mp expert, would like to learn how to read does tpo charts.... but I understand that you take into consideration the levels that show maximum and minimum volume on the tpo chart.. ? would...
  7. W

    Picking Tops.

    Hi 5Pillars, First of all thanks so much for your great technical input with your delta aproach. I would like to ask you if you could show with more detail how do you calculate the MP levels that appear on your charts. thanks in advance. Walter.
  8. W

    Buy High, Sell Higher vs. Buy Low, Sell High

    I believe, on my experience, that buying high is buying momentum, and momentum leads the big runs, wich means that you have something that a "countertrendtrader" (buying low) does not have. You need momentum to profit on the markets and momentum only shows with previous activity on the desired...
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