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Showing content with the highest reputation on 10/23/2020 in all areas

  1. 1 point
    I have created a combined Playbook and Trade Planner that may be of use for some fellow members. I use it myself as a kind of cheat sheet to refer to prior to entering a trade. The idea was to store setups / strategies with picture examples in a single file that can reveal that example with the click of a button. An example of a cheat sheet is shown in the picture. In addition to the pictures of setups I have also defined some indicators / rules for each setup which refresh with the setup selection. I define the indicators on the "Strategy_definition" sheet and add pictures in the (hidden) columns on the "Plan" sheet. When a strategy is selected in cell D8 and the button is clicked, it refreshes the table of indicators and unhides a cheat sheet example picture for that setup / strategy. It is a bit slow to refresh. In addition I have added a trade planner table. I enter my intended STOP and entry price and the intended trade direction (Long / Short) and it refreshes the R:R table which provides me with the price levels that would need to be met to deliver a 2R trade and beyond. I like to compare these price levels to support / resistance levels I have marked on the stock and other technical levels and moving averages to assess the potential roadblocks at various prices. In addition I may throw in a rough trade management plan on a simplified level with Partials planned out. I include some other useful info like RVOL, the direction of the overall market etc whilst planning the trade. As a pretty new trader still in SIM I have found this has helped me to be more disciplined / patient. It also helps journal later as it gives an idea of what I was expecting before entering a trade. I just copy a new "Plan" sheet for every new trade and have one file for the trading day with several sheets. The setups I have included are my interpretation of setups mainly from the moderators success webinars. On that basis, take it as a disclaimer to check that you agree with my interpretation and test in SIM if you plan on using this. The file is an excel document and can be accessed via the Google drive link below. It needs to have macros enabled in order for the button to unhide the cheat sheet pictures to work. I have left some blank fields to allow a longer list of setups to be included. Any feedback, tips or suggestions for improvement are most welcome. https://drive.google.com/file/d/1wm5YohE7wgNn69IEGJrUBwBn1x52zPoW/view?usp=sharing
  2. 1 point
    To be honest Debbie - I wouldn't waste any time learning Trade Ideas right away. I'm not saying that because I think it's a bad product, but the BBT trading room already gives you everything you need as a new trader. Carlos and Norm run the morning show based off the scanners from Trade Ideas. Trying to make your own scanners beyond that is pushing into advanced territory, and really not needed. Spend those two weeks just practicing in SIM and in the Replay mode.
  3. 1 point
    Thanks @Robert H! I finally made it further down in the Education Center playlist. Your contributions are still paying dividends. I know now that I am normal and it is fixable... https://bearbulltraders.com/lessons/robert-h-2-17-19-time-frames-and-chart-patterns/ https://bearbulltraders.com/lessons/roberts-rants-patience-and-perspective-pilot/
  4. 1 point
    Decided to make a video on this topic. Enjoy!
  5. 1 point
    Check your studies ConfigEx. It looks likes that PriceMarker level at 41.75 is included in scale.
  6. 1 point
    Hi Bart, We received your e-mail response. Please note that replies to that automated e-mail address are not monitored. It's best to use the forums (here) to communicate. My solution to your issue is to explicitly state the number of candles in the hotkey. For example: 1-minute chart: MinuteChart 1 3d; NumBar 30 5-minute chart: MinuteChart 5; NumBar 24 You can change NumBar to whatever zoom you prefer.
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