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Ronin Good call for doing a journal, I know it can be time consuming keeping it up, but it would help you loads if you post a chart for your trades as well. Not only would it help people in the TL community, but it will be easier for you when looking back and reviewing your trades in a months time or so. Cheers Blu-Ray

Thanks for the replies, I think I'll take a look at LIT orders as that sounds okay to do on the Stoxx, unlike the Dax where I was getting massive slippage. It's kind of funny thats it takes a stop like this to re-evaluate yourself, on reflection it's simple, first in queue on entry and last in queue on stops. Cheers Blu-Ray

I got stopped out today whilst trading the Eurostoxx, now I know getting stopped out is part of trading and I accept that, but it rankled me today as I was in a trade for a period and while it was slowing slipping away from me, my signals were still telling me I was correct. The part that's eating me is that the Eurostoxx is a thick contract, so there were about 650 contracts at the bid, only 43 were traded @ 4343 (my stop) and I was lucky enough to be part of that 43. So my thought was, when being in a trade for a length of time and your signals are still true, then after a period of time while your still in the trade, cancel your stop and then re-instate it and it would put you at the back of the queue. Just wondered if anyone else does this at all? Cheers Blu-Ray

Thanks Jim With regards to a divergence indicator, I've been using the LBR 3/10 Oscillator, it seem to work okay, but with every indicator it's never going to be perfect, I don't trade the ES but I know Dogpile uses it and he trades the ES. Give it a try, I think in the end, it all comes down to what your comfortable with. Cheers Blu-Ray LBR_3_10_OSC.ELD

Here you go: inputs: Price( Close ), Length( 5 ),Upcolor( DarkGreen),DnColor ( DarkRed),NColor(White) ; variables: Avg( 0 ) ; Avg = AverageFC( Price, Length ) ; Condition1 = close[1] > avg[1] and close > avg; Condition2 = close[1] < avg[1] and close < avg; plot1(avg,"avg"); if close crosses above avg then setplotcolor(1,NColor); if condition1 then setplotcolor (1,upcolor); if close crosses below avg then setplotcolor(1,NColor); if condition2 then setplotcolor (1,dncolor); Hope this helps Blu-Ray

I had the same trouble last night as well, but seems to be okay today Cheers Blu-Ray

Jim I've coded it up exactly the same as the version igorad posted earlier. I've only got forex data on my MT4, so I've compared it live against the EURJPY yesterday. It was close but would vary, probably because the forex data is coming from different sources. However, I compared the ES on my TS charts to the chart you posted and it's way off. Unfortunately I can't explain it, I would guess it has something to do with the different platforms in which they handle the data, I know MT4 has repainting problems with some indicators, whether this is the case, I'm unsure. The code itself is straight forward so I think it must be down to the platforms. Anyway, give it a try for yourself. Cheers Blu-Ray BOP_V2.ELD

Thanks JJ I've coded it up to include the white crosses as well into the attached ELD. Cheers Blu-Ray DIAMOND_TREND.ELD

Jim Leave it with me and I'll take a look at it, if possible could you post a chart of your MT4 with ES on it, so I can compare and fix it. Cheers Blu-Ray

Kinglim The yellow line is a signal line based on a simple moving average of the cci. I've recoded it for you so you can download it again. Hope this helps Blu-Ray FXST3CCI.ELD

Here you go Jim, I've read that they are a couple of variations to the BOP, so not sure which is correct. I think Unicorn mentioned Volume being in the calculation. The code I've attached is based on this : BOP = (Close - Open) / ( High - Low); If anyone thinks this is incorrect, please let me know so I can amend it. Cheers Blu-Ray BALANCEOFPOWER.ELD

No problem Kinglim, here you go: Cheers Blu-Ray ps. if you need any other codes for Walter's threads, just give me a shout. CCI_T3_SMOOTHED.ELD

Right here goes for TS users, I've attached 4 indicators in total so you can follow along. I've coded up the Rainbow so it's the same as Unicorn's code and it is what Walter is using on this thread: Chaikin Oscillator Used the Built-in TS Indicator and just modified the Color and added a Histogram so it look like the one Walter is using. MA's3 Hull MA with the Simple MA attached to it and an option to plot an EMA if required. Also added a "Vary Color" option so the Hull MA will change color if it's above or below the SMA. MA-Directional Paint Bar's Just something I wanted to add, as personally, I like it to be as easily visual as possible. So this paints bars as to whether the Hull MA is above or below the SMA. (ps. If you do use these, make sure you insert them onto your chart BEFORE the Rainbow.) VMARainbow I've added a color choice into this so you can change the color of the main rainbow in one easy go. ( if you wanted to ) Hope this helps Blu-Ray CHAIKIN OSCILLATOR.ELD MA'S3.ELD MA'S-DIRECTIONAL.ELD VMARAINBOW.ELD

jcorp I'll post the Tradestation Indicators later on today as I'm just finishing coded them up. Cheers Blu-Ray

Thanks Unicorn, I'll hopefully get those coded up today and go from there. Cheers Blu-Ray

Unicorn Just a couple of quick questions, what is the black line with dots in, is that the 34 ema? Also, have you already posted your codes for the signal vma and rainbow vma, sorry for asking but there's been loads of codes posted recently that I couldn't remember if you had. Obviously without reading the code, what is the difference between yours and PYenners MT4 version, is it the stochastics element? Looking at those last charts you posted, although it gave you a late entry on the cyan line, you're not going to get perfect entries every time, but I would imagine it will keep you out of more of the bad trades. Thats why I wouldn't mind coding this up and testing it myself if possible. Cheers Blu-Ray

I'll take a look at those over the weekend, as it's 1am here and I need some:sleep: Cheers Blu-Ray

Hi Unicorn I haven't posted a chart for a while as I'm in a bit of a bounce mode at the moment, for example I've spent quite a bit of time trying to keep up with PYenner and converting his MT4 indicators into TS. So from then on I study the new ones but then keep bouncing back to the original VMA1 Rainbow, then study the newer one etc. I was testing an extreme scalping method using entries off a 10tick chart, but kept getting slipped on the DAX, so now just studying which is the best direction to go in, but having so much choice in the different vma's, choosing the right one's proving hard. The CCiVMA did seem okay for when the Horizontal Effect was in place, but sometimes took too long to turn. I think it might have a future, but I need to know which vma's and settings I'm going to use on the price chart first before I delve deeper into that. I do like your charts, they seem very clear cut, I think this is what keeps bringing me back to the VMA Rainbow, as you can visually see the momentum happening, whereas you can't with just 2 or 3 lines on a chart. Unfortunately I can't export the data out of TS into an ELA file, however I can send you the code in a PM if you want ( Rather than clutter up the thread ). As for the computation, it's basically the code for the vma but instead of the vma based on the close, I changed it to the cci. However I am not that skilled in the department, like yourself and PYenner, where you can explain the indicator and it's full purpose. Cheers Blu-Ray

Bruce If you are thinking of moving over to Ninja Trader, the language looks very similar to MT4, so it might not be as much of this :bang head: Cheers Blu-Ray

Cheers Walter, much appreciated, Nice work Sparrow and Unicorn Just an observation, the candle formations are much clearer on the 11 tick compared to the 1 min chart. Cheers Blu-Ray

Looking good there Walter, would you be able to put it onto a template? Cheers Blu-Ray

Thanks Walter, I've got it working now cheers Blu-Ray

Walter What data feed are you using to get free forex data into NT? Cheers Blu-Ray

Here you go ........... inputs: Period(20), UpColor(green), DownColor(red); variables: MyVol(0), Color(yellow), SmoothedBA(0), Length(squareroot(Period)), intrabarpersist MyCurrentBar(0), intrabarpersist VolumeAtBid(0), intrabarpersist VolumeAtAsk(0), intrabarpersist BAVolRatio(0), intrabarpersist VolTmp(0); if LastBarOnChart and BarStatus(1) <> 2 then begin MyVol = Iff(BarType < 2, Ticks, Volume); if CurrentBar > MyCurrentBar then begin VolumeAtBid = 0; VolumeAtAsk = 0; BAVolRatio = 0; VolTmp = 0; MyCurrentBar = CurrentBar; end; if InsideBid < InsideAsk then begin if Close <= InsideBid then VolumeAtBid = VolumeAtBid + MyVol - VolTmp else if Close >= InsideAsk then VolumeAtAsk = VolumeAtAsk + MyVol - VolTmp ; end; if VolumeAtBid > 0 and VolumeAtAsk > 0 then BAVolRatio = Log( VolumeAtAsk / VolumeAtBid ); VolTmp = MyVol ; end ; SmoothedBA = xaverage(xaverage(BAvolratio, Length), Length); if SmoothedBA <= 0 then color = DownColor else color = UpColor; plot1(SmoothedBA, "Pressure", color); Plot2( 0, "ZeroLine" ) ; Cheers Blu-Ray

hehe, another great video