Bettina's Journal

[Tomi]

Hi Bettina, I was watching both of those. First I filtered as couldn't count ABC from that one. Second one was showing diverged W5 already and filtered that also. Second one turned to a nice impulse wave. Happy you took it! Second one was nearly 60 pips move on princess

[Bettina]

Hi Tomi, thanks. You're right with that ABC. It was also w5 of that formerly existing w5. For the second one there was a small ZL cross after the w5. I once learnt that after that divergence is "gone".
I have seen EJ also and was tempted, but left brain said . No, stick to only one, not two trades at the same time.
Bettina

[Tomi]

...there was a small ZL cross after the w5. I once learnt that after that divergence is "gone".

Actually I tend to follow this practice. For some reason I didn't noticed that. Stupid brains.

I have seen EJ also and was tempted, but left brain said . No, stick to only one, not two trades at the same time.
Bettina

Also there was not that good setup available on EJ. I prefer also to pick one and take the trade only on one pair if there is a correlation. Good trade and decisions you have there.

[Bettina]

Little more on EU.
I'm happy about the entry. would never have taken that one before. Exit by mistake. My TP was above 38% retracement on M5.
Bettina

[immy]

Shame on me : There was something wrong with the divergent candle indicator. Hope this one is correct now.
New name BDC.
Sorry for that !
Bettina

Bettina

I was wondering if you could decode your indicator based on this concept.
Divide the candle into 3 parts and see if the close is in the lowest or highest part of the candle. A good BDC is one that finishes as 1-1 or 3-3.
a Bullish DC could be a 1-1 (open in the 1/3 with close also in the upper 1/3 of the candle) it could also be a 3-1 (open in 3 but close in 1/3 of the candle)
a Bearish vice versa. see pic attached

thanks for your time.

[Bettina]

Hi Immy,

no problem, I love to do that.

But I have to understand exactly, what you would like.
1 ) Do you want to see only the good ones : 1-1 for bullish and 3-3 for bearish ?
or
2 ) Do you want to see 1-1 and 3-3 and 1-3 and 3-1, but not those in the middle ( at the moment it's only : close in the upper respective lower half and of course the comparison with the previous candle)
or
3 ) As 2) but 1-1/3-3 one colour and 1-3/3-1 in another colour ?


What's the rest of the text on the very right side of your slide ?

Here you are for solution 1) 1-1 and 3-3. Hope it works.

The colours ( colourtab ) :
0 colour of the wicks
1 irrelevant
2 colour of your bear bodies
3 colour of your bull bodies

2) or 3 ) will need some minutes more .

Good night
Bettina

[Bettina]

Hi Immy,

here's a new one with some more luxory, but please read my last post also :

1 ) I have added 3-1 and 1-3 BDCs, but you can switch them off and keep only the 1-1 and 3-3
2 ) you can switch off the whole indicator without removing it

Bettina

[Bettina]

The indicator has a refresh problem. the yellow wicks donät appear immeditely, only after havin changed the TF.
I'm wirking on that, sorry
Bettina

[immy]

Hi Immy,

here's a new one with some more luxory, but please read my last post also :

1 ) I have added 3-1 and 1-3 BDCs, but you can switch them off and keep only the 1-1 and 3-3
2 ) you can switch off the whole indicator without removing it

Bettina

Thanks Bettina!

I'll give it a shot and report back.

[Bettina]

Hi,

please take this one. Should be working now !
Sorry
Bettina