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michaelaero
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yes aaa, I am asking my question because I found the most effective pattern was TD Waldo 2, according to the book. for those TD waldo 3-8, I got very bad results as I tried coding them. and thanks for your suggestions.
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hi,aaa,could you reveal the descriptions of TD Waldo 03 to Waldo 08, just like you did with pattern two?
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yes aaa, your second pic is more realistics. My parameters are the same as you give:Move.Bars( 10), Previous.Bars( 4 ). I am not disappointed. Your code is precise enough for me because I have other indicator combination such as RSI etc, that's why i am very appreciated. I used to research candlestick pattern, and now find your code (or TD Waldo 02) better than candlestick pattern.Thanks also Tom Demark. I notice you change to MoveBars(12) and Previous.Bars(3) in the second chart of 1 minute. can you explain why? Can you pls continue coding TD Waldo 03 to Waldo 08? Appreciated!
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thanks aaa. Your pic is a bit more precise. But my pic according to your code is not that precise to point out top and bottom. thanks anyway
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Since this thread is talking about channel, I just came across a book recently "Channel Surfing: Riding the Waves of Channels to Profitable Trading" by Michael Parsons. I did not read it yet for the moment. Does anyone have comments of its channel trading method? only idea.