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REQ: RightLineTrading indies.


yamantaka

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  • 2 months later...
. i have kinetic live data, doesn't work, rightline released an updated version this month with lots of update to this, hopefully this release can be educated and will work.

 

look at your log , did you added all the symbols you need to the instumnet list ?

Edited by sgueta
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Anyone re-up the QuantCash and Cash_Metrix Indi please? I seem to find no such indicators in the previously shared files.

 

Thanking

yxyx

 

https://www.sendspace.com/file/sgznt6

 

Quantcash, cash metrics, those were beta version with diff name, the one that just got released is the final version which is now named. RLCashInternals <- this got release last week, i believe.

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Thank you all for these wonderful educations and all the sharing.

 

I quickly watched their video presentation in the above post---

 

In my humble opinion and experience- any indicator tat is based on the history is a waste of time.There is no "MAGIC" indicator that will tell us when to go in and when to get out .

These indicators can work great on a long , strong and endless move that we get here and there but as you all know- most of the moves are not like that and when you get a sideways - chop, or consolidation move by the time the indicators set realizes it you already lost much more than you gained.True- you can try to judge chop by few indicators but again- they are all based on the history - meaning 10-15 previous bars and the software assumes that the history will continue into the future which many times does not happen.

All those colored indicators will drag you down and will cause a lot of losses on the long run.

An indicator that is not right at least 60% and above ALL THE TIMES is worthless and slow to react.

 

The market moves in waves or legs, there are the micro ones which are the smallest possible and the waves getting bigger and bigger as the time frame get larger. These waves are playing ALL TOGETHER .

In order to consistently succeed you HAVE to train you eye to identify these waves- legs- through the different time frames - then you know where the market has reacted which will tell you where its going next and then you can take the trades accordingly with the market direction.

No sense ( unless you are really good and you have a huge size account ) to trade using daily or higher directions.

I use renko-spectrum 30-4 as my highest time frame but this is really nothing to count upon- its just for reference.

My important one which keeps me out of trouble and prevents chop is my renko spectrum 8-2 , then the next one is 4-1 and my main- where i take trades is plain renko 1 tick.

I hardly use any indicators.

Learn fibs and some price action.

In my humble opinion- clusters, vp, all these magical supports and resistances are wonderful but----,,,,,almost always (unless there are news) if the end result of all the buyers - sellers etc is a move up- you will see a move up pattern.

Almost always these small patterns are LEADING and much more sensitive that all these indicators.True- its much harder to watch a pattern live that just bunch of colors- but its worth it.

Take care and believe what i say- i have been doing it for almost 20 years.

 

Traderbeauty-Jane

 

p.s- as per fibs i highly recommend dynamic traders course ( skip the first part ) its very good and just search for it in the forum.

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Guest jorma41
Watch video for instruments you need to add,hope that helps and repost on your outcome...

 

Thank you for your help but i added this instruments:ADD,NDNI,NDNV,NTCI,NUPI,NUPV,SOX,SP500,TRIN,TRINQ,AAPL,AMZN and the RL Cashmetrics for NQ or ES still empty.

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Thank you for your help but i added this instruments:ADD,NDNI,NDNV,NTCI,NUPI,NUPV,SOX,SP500,TRIN,TRINQ,AAPL,AMZN and the RL Cashmetrics for NQ or ES still empty.

 

First you need to have Iq datafeed or kinetick : you need to add instruments

(at the log you will see instruments that you need but dont have )

TI5A.Z ,VI6A.Z

TI5D.Z, VI6D.Z

TI6A.Z, VINA.Z

TI6D.Z, VIND.Z

TINA.Z, VIRA.Z

TIRA.Z ,VIRD.Z

TIRD.Z

VI5A.Z

VI5D.Z

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First you need to have Iq datafeed or kinetick : you need to add instruments

(at the log you will see instruments that you need but dont have )

TI5A.Z ,VI6A.Z

TI5D.Z, VI6D.Z

TI6A.Z, VINA.Z

TI6D.Z, VIND.Z

TINA.Z, VIRA.Z

TIRA.Z ,VIRD.Z

TIRD.Z

VI5A.Z

VI5D.Z

I am connected to kinetick and I am subscribed to market metrics but the only intruments I can not add to the intrument manager are:

TI5A.Z, VI6A.Z

TI5D.Z, VI6D.Z

TI6A.Z, VINA.Z

TI6D.Z, VIND.Z

TINA.Z, VIRA.Z

TIRA.Z, VIRD.Z

TIRD.Z

VI5A.Z

VI5D.Z

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