Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
trader273
Members-
Content Count
367 -
Joined
-
Last visited
Content Type
Profiles
Forums
Calendar
Articles
Everything posted by trader273
-
Thats what I was thinking would happen. MC has more ways to customize the fonts then TS. Just try to take out what it cant verify and see what happens. Just use "//" ( w/o the quotes. eg text_setfontname would be //text_setfontname) it should turn green. We'll start there and take it from there. I dont use TS anymore that is why I cant do this myself.
-
Jonick, Here was I was able to come up with. It plots the High/Low/ and Range. I do not know how to plot the text up above the chart like your example, but toy around with this one and you should be able to get it how you like. Also, I am in no way a coder but I was able to search around and piece together what I was looking for. I'm sure there are better ways to get this done, but this is what I was able to build. All I ask is that if you come across someone who needs something that you got you help them out, kind of a pay-it-forward idea. I built this in MC so I'm sure if everything will compile correctly, but the things that don't should be an easy fix. inputs: HL_OFFSET(3), DECIMALS(0), Text_Attr(1), HIGH_Text_Color(DARKGREEN), LOW_Text_Color(DARKRED), RAN_TEXT_COLOR(darkblue), HIGH_TEXT("H:"), LOW_TEXT("L: "), RAN_TEXT("RANGE: "), Texts("Calibri"), Texts_Size(12), LEFT_RIGHT(" "); vars: HIGH_TL( 0 ), LOW_TL(0), Hid(0), Lid(0), RAN(0), RID(0), vDELETE(0); If LastBarOnChart then begin RAN=absvalue(HIGH-LOW); HIGH_TL = TL_New(date, time, high, date, time, high); LOW_TL= TL_New(date, time, low, date, time, low); Hid=text_new(date,time,high+HL_OFFSET,LEFT_RIGHT+HIGH_TEXT+(NumToStr(HIGH,DECIMALS))); text_setstyle(Hid,0,1); text_setfontname(Hid,texts); text_setsize(Hid,texts_size); text_setcolor(Hid,HIGH_text_color); text_setattribute(Hid,Text_Attr,true); Lid=text_new(date,time,low-HL_OFFSET,LEFT_RIGHT+LOW_TEXT+NumToStr(LOW,DECIMALS)); text_setstyle(Lid,0,0); text_setfontname(Lid,texts); text_setsize(Lid,texts_size); text_setcolor(Lid,LOW_text_color); text_setattribute(Lid,Text_Attr,true); Rid=text_new(date,time,OPEN,LEFT_RIGHT+RAN_TEXT+NumToStr(RAN,DECIMALS)); text_setstyle(Rid,0,0); text_setfontname(Rid,texts); text_setsize(Rid,texts_size); text_setcolor(Rid,RAN_text_color); text_setattribute(Rid,Text_Attr,true); if HIGH_TL[1] > 0 AND HIGH_TL<> HIGH_TL[1] then vDELETE= TL_Delete(HIGH_TL[1]); if LOW_TL[1] > 0 AND LOW_TL <> LOW_TL[1] then vDELETE = TL_Delete(LOW_TL[1]); if HIGH_TL[1] > 0 AND HIGH_TL<> HIGH_TL[1] then vDELETE = text_delete(Hid[1]); if LOW_TL[1] > 0 AND LOW_TL <> LOW_TL[1] then vDELETE = text_delete(Lid[1]); if LOW_TL[1] > 0 AND LOW_TL <> LOW_TL[1] then vDELETE = TEXT_Delete(RID[1]); end;
-
Probably would help if you said what charting platform you are using. If you are using TS, the TS forums are your best bet.
-
I have one of his older books. It is basically looking for a confluence of pivots ( daily, weekly, monthly) and then look for some sort of candlestick reversal pattern. He has other charts with some other indicators like oscillators to help find these reversal points. That's basically it. I don't know how he got 200+ pages on pivots and candles, but he did. If you could find it cheaper then the suggested retail price it might be worth it. Also check out the cbot's archive of webinars. He has some on there.
-
I am no longer a TS client so I cant get to the forums. But to say that a pivot eld combined w/ an opening range eld is something special that someone should pay $125 or whatever you want is crazy. There are dozens of pivot elds (hell, even a couple on this site) and there are a bunch of open range indicators. This idea is far from original.
-
Do a little research on the TS forums and you'll be able to find this eld or be able to piece it together. Looks like swisstrader is taking a page from TTM and taking eld's from the TS forums and try to sell them.
-
There are pros and cons of each. I used to use Esignal and while the data feed was not the greatest it did have some advantages. Such as more markets offered then TS and I thought programming in Esignal was much easier to learn then programming in TS. But, each takes time to learn. If i had to choose ( and I do ) I go with TS. I believe that ts offers much more then Esignal if you are willing to put in the time to learn it. Price is also another consideration. If you open an acct at TS, but dont trade, the platform is about $95/month. Not sure on what Esginal is but I think it was near the $150 level. And if you only want to trade the mini's the TS data feed is only $25. So I only pay $120/month. And, in my opinion, TS's data is much more reliable then that off esignal's. So for the price, reliability, and features I think TS is the winner hands down.
-
Did you take a picture of the actual screen? Sure looks like it. Comes through a lot better ( and a lot easier for you ) if you just use the print screen function or a program like snag-it. Glad to have you here though.
-
Just an FYI, a lot of people wont open Word or Excel files. It is best to save your pic as a jpeg or png file.
-
Is there really any point in this post:confused: ??? It helps no one to just say "..up 120 pips". I guess "good job", I mean really what else can be said. Eveyone else here has either developed their own system, or tweaked one to make it there own. That is what this site is about. Traders trying to help other traders. What help does, "Just got my close and reverse signal for USDJPY, I am now long and closed my short position for a profit of 44 pips net." provide to anyone?? none! You say you want to learn, well that is great and what TL is about. So please , stay and ask questions. That will be by far more beneficial to everyone then what you currently doing.
-
Sign up for secrets of traders and you will get emails of the previous days trades. DTI has something on there website where you can see what trades they took that day. I would recommend just getting some basic TA books and a lot of screen time. All of these services are around the $500/month, plus your charting and data, and commissions you'd be lucky to break-even. I look at these websites sometimes and are not really impressed. Take yesterday from DTI: Sold 3 Dow @ 12419, Bought 1 @ 12418, 1 @ 12416, 1 @ 12411. 12pts on 3 cts, thats only 4pts per contract. That is assuming you can and are willing to trade in multiple contracts (not recommended for newbies). Plus who knows how much the stop was for. If you are going to go this route I would be very skeptical of anything these sites claim.
-
No problems here at all. Try "Control-R" to refresh your data. Also, try clearing out the cache in the TS program files. Those seem to do the trick for me.
-
If you take off the name of the indicator, it all looks the same. Whether, it is based on stochastics or MACD or Volume doesnt matter. If the indicator made a higher low from a previous low, and price made a lower low from a previous low. It is positive divergence. You might say that volume has to be decreasing as well. That doesn't change what divergence is.
-
Here is a link that goes into a lot of detail about divergence. Divergence Trading Patterns............................NQoos
-
Robert Insert--Activity Bar--Candlestick VolAccum There are a bunch of settings, but I have never used it so I cant help you there. Im sure theres some stuff on the TS forums if you have questions.
-
Equivolume candles' body gets wider as volume increases. So those are based on time charts. Tradestation has those. I guess it could be used to replace the volume histogram or whatever measure of volume. Volume Based Candles are different. They are printed as volume takes place. The width of the body does not change. Tradestation has those as well. While it is easy to get these mixed up though, they are very different.
-
You are a little confused. Livermore didnt use pivot points, he was not a chartist. He used something that he called a pivot, but it is totally different than pivot point analysis.
-
Then I take it you watch the first hour, if its going to be a trend day you place your trade and then sometime later when the trend is over you get out(if you know when it is going to start you should know when it is going to end). If it is not going to be a trend day you do not place any trades. Why worry about the range bound days if you know when it is going to trend? You can make more money in a trend vs chop day any way.
-
So what you are saying is that you know when, or relativley confident, when to implement a range bound strategy (eg any oscialltor) and when to stop that strategy and implement a trend following strategy (eg moving averages) ? If you can, more power to you. But I find that hard to believe.
-
To be technical, an inverted hammer is bullish, what you have is a shooting star. Not that its that important.( inverted hammer and shooting stars look the same though--I guess just to confuse people;) )
-
I'd be careful of using candle patterns as reversal of the trend. I did this for a while and got killed. Had some ups, but mostly downs. The trick is to use the candle patterns to go with the overall trend. It is weird since all the books and websites show candle patterns as calling tops and bottoms. But if you look at a chart they do call tops and bottoms, but how many false signals were in between. If you fight the path of the train you will get run over. Just my .02
-
Please show some sort of proof where you got this information.
-
The best, at least I think, quotes come from Jesse Livermore. I uploaded all the quotes that I found meaningful. Reminiscences of a Stock Operator Quotes.doc
-
Was TS down today (Feb 26 Mon) at the open
trader273 replied to nasdaq5048's topic in Brokers and Data Feeds
Mine was ok. It was probably the server you were on. I really doubt it was only you. -
Now I don't want to take away all the fun of finding things out for yourself!! I'm just joking around. I could tell you exactly what i use, how I use them, and we would both get different results. The thing is to just experiment for yourself ( that is what I did). But the trick is to find something that appeals to you and stick with it. Don't continuously change the length of the ma's to fit the current day's trading action.