Frequently Asked Questions

Question - 1-26-2020 - Eric T

I do most of my trading entries off a 5 minute chart or a Small Range Range Bar chart. But I look for the entriers based on the trends of the longer time frames M15, M30,M60. Is there a CT indicator that I can put on the shorter term chart that shows the direction of trend that is currently on the longer timeframes?
Thanks
Eric , N.Y.

Different Time Frames

Answer

There are a few ways to do this, one in with the PPI. The PPI can be any combination of any of our indicators. You can choose to selected a different time frame in the inputs with this indicator.

I don’t have to full list in front of me, but most of our indicators have this option.

 

Question - 1-24-2020 - Stephen G

Is there a way to tell, EARLY ON, when consolidation is occurring…where the market starts going sideways? Or do we just have to take signals when that occurs and know that we might have multiple losers in a row before a breakout finally occurs?

C-zones

Answer

C-zones happen all the time. The markets typically make it’s move, then forms a congestion zone (C-zone). at first thought, I don’t think anyone can know in advance, but you can plan on them happening all the time.

I feel the best way to cover this idea because you talked about a number of losses before you finally get the break out is to know they happen and get comfortable with this. And to know they will happen after the market makes its move. They can last fro 3 to 10 plus bars. Normally 5 to 8 bars.

Maybe think about how to enter the breakout rather than how to expect them. Now, you know they lat 5 to 8 bars, to wait for 5 bars, then look at the longer term charts to see where you are in the 4 to 9 bar cycle count. Look for Ops Up Ops Down on the longer term charts. Watch the Moving average. Markets will trend above the MA moving up and below the MA moving down. I would also look at the CT 26 GreenLine to get in the buy or sell zones.

Question - 1-24-2020 - Stephen G

if I am only comfortable being a trend trader…that is, taking bites out of a nice long trending move, not trying to pick market turns…what would be the best way to use CT indicators to help with trending entry and exits?

Ops Up - Ops Down

Answer

There a number of indicators that show trend. The CT 17 OHL Medium. This measures the 50% range of the day’s range. Long above, short below.

You can use the open of the day. Yes, long above, short below.

You can use longer term charts, 30, 60, 120, 240 and apply the cycle count to them. Remember, its 4 to 9 bars in one direction. CT 15 and CT 15G.  Bottom line is CYCLES. If we are Cycling up, then stay long until it shows cycle down. I always us Ops Up, Ops Down as my key. So, its ALWAYS Ops up UNTIL Ops Down. And, you see these better with longer term charts.

To stay with a trend, you will have to go though lots of ups and downs along the way, but stay focused on the Cycle Counts.  Also, keep in mind, most people don’t know this, but market change direction 3 to 7 times a day. Yep! That means , the trend changes this many times.

This chart is a 60 min YM DOW 30 chart. I am showing Ops Up, Ops Down for today. As soon as the market takes out the previous bar’s OPEN Ops (Open Pivots) than it is down, Stay short. During this down move, there were lots of C-zones on 2, 3, 5 minute charts. These C-zones last 5 to 8 bars and then wait for the drop again. These are great patterns to trade. Easy!

Question - 1-27-2020 - Paul W

Part 1 – Are the Greek cycles on the 5 minute, equal to, the 6 tick chart? I mean same time frame same exact moment, that the 5 minute chart hits a cycle low and issues a Beep alert, is that the exact same moment that he 6 tick chart also Beeps ?

How could it be? the chart counting is different. I m confused?

Part 2 – ON the second point I looked around the dashboard and cannot find “Inputs”, Where can I find it please?

Greek Cycles Range Chart
Greek Cycles Range Chart
Greek Cycles 5 Minute Chart
Greek Cycles 5 Minute Chart

Answer

Part 1 – The range charts work in price and not time. But they do show all the cycles, but you will find with the Range Charts that they will be extended past the norm 15 to 26 cycle Trading Cycle Low to Low. So, no and yes, they will show them, but not the same count.

Part 2 – On top of each chart is these 4 dots with line. When you click on this, you will see all the active indicators. Select 15G and on the right, put a check mark in the TC low Count Alert.  Then below this, you have to select the sound, I think you have #2. Check your other settings and then copy.

Indicator Inputs
Indicator Inputs
CT 15G Inputs
Greek Cycles 5 Minute Chart

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