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Ranger

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Everything posted by Ranger

  1. Thanks for the input Blowfish. I'm using dynamic breakout levels ie SwingHi/SwingLo of a moving average function. What's nice about breakouts on a dynamic basis is that they tend to be market head fakes, if there's not enough strength behind them ... so, if it's not breaking out; then it's reversing ..... so, I have a catostrophic stop and likely will use some type of dynamic fibnode calculation for reversing my position.
  2. Thanks Tams - tried that without much luck. Based on other postings, I think that I'll stick with the use of global variables for now. I'm essentially transfering variable data (permissives for entry signals) to my signals using other time frames. Thanks for taking time to provide input ...... your comment about posting in the appropriate thread led me answer my own question ... ;o) Ranger
  3. I queried MC about a week ago regarding global variables - I didn't know about ADE. MC sent me zip file containing much of the same information posted by Tams(nice work!!!). Anyway, printed the documentation; followed it step by step; followed additional instructions provided on TSSupport forum and here regarding deleting the stock GV from MC and placing the dlls in the MC directory. When I followed the instructions on page 9 of "ALL DATA EVERYWHERE", "Creating the Functions and Indicator Manually". I got the error message attached. MC tried to help but didn't want to spend the time on 3rd party supplied code. Anyway ... not looking for others to do the thinking for me, however if someone has encountered this error before or might have a lead .... that would be sweet!!! Ranger
  4. Sunshine I read the posts; I reviewed the links as indicated; I downloaded Tams indicator; (it didn't work on the initial configuration; the code looked sound(Tams does awesome work). Anyway, other fish to fry ... any ideas on scalper exits or do we accept what others tell us - use a 4pt stoploss on e-minis.
  5. @ Blow Fish “Tact is the art of making a point without making an enemy.” Sir Isaac Newton. @ Chloe - awesome that StatSign made that mod .... that should work. @ Tams - Nice work on all your contributions ...
  6. Statsign thanks for the modifications - glad you were able to help chloe. Ranger
  7. Tams Gone through allot of your programming solutions and excellent tips. You do nice work!
  8. Blow Fish Actually Blow Fish, if I consider it time well spent, how can you judge from me that it's a waste of my time? If I can help Chloe, I will and thanks for mentioning the link again... I'll check it. Anyway, I know that you're a good contributor as are the others and thanks for the comments. And it's Ranger not ranger.
  9. Hi Chloe Oh Boy ... you may need to renew your fan base. Perhaps send them chocolate chip cookies or hemlock ;o) OK, I understand the issue more clearly .... let me see, if I can help you. Cheers!!! michael
  10. Hi Chloe Take a look at this simple code. It plots Camarilla Lines and Yesterdays OHLC(Open rem out) Perhaps put this on your other contracts and if it works for you then you can modify the arithmetic to account for your pivots. If you need some additional help - check me back! {Plots previous day Hi/Low/Close - Open {x} Out below} {Plots Camarilla Lines} {Rev date 07Aug09} variables: var0( 0 ) , var1( 0 ) , var2( 0 ) , var3( 0 ) , var4( 0 ) , var5( 0 ) , var6( 0 ) , var7( 0 ) , var8( 0 ) ; if Date <> Date[1] then begin var0 = var0 + 1 ; var1 = var2 ; var3 = var4 ; var5 = var6 ; var7 = Close[1] ; var2 = Open ; var4 = High ; var6 = Low ; end else begin if High > var4 then var4 = High ; if Low < var6 then var6 = Low ; end ; condition1 = var0 >= 2 and BarType < 3 ; value10 = ((var3 - var5)*(1.1/2)) + var7 ; {H4} value20 = ((var3 - var5)*(1.1/4)) + var7 ; {H3} value30 = ((var3 - var5)*(1.1/6)) + var7 ; {H2} value40 = ((var3 - var5)*(1.1/12)) + var7 ; {H1} value50 = var7 - ((var3 - var5)*(1.1/12)) ;{L1} value60 = var7 - ((var3 - var5)*(1.1/6)) ;{L2} value70 = var7 - ((var3 - var5)*(1.1/4)) ;{L3} value80 = var7 - ((var3 - var5)*(1.1/2)) ; {L4} if condition1 then begin Plot1( var1, "Y-O" ) ; Plot2( var3, "Y-H" ) ; Plot3( var5, "Y-L" ) ; Plot4( var7, "Y-C" ) ; Plot10( value10, "H4" ) ; Plot20( value20, "H3" ) ; Plot30( value30, "H2" ) ; Plot40( value40, "H1" ) ; Plot50( value50, "L1" ) ; Plot60( value60, "L2" ) ; Plot70( value70, "L3" ) ; Plot80( value80, "L4" ) ; end ;
  11. Ditto - I tried to import using my MC editor. There are no function; indicators or signals. Perhaps you provide some screen shots or simply provide a text version of the indicator code. xipirp@yahoo.com
  12. I used to be an OEC customer. When their datafeed started costing me trades, I queried them. In fact, I was so pissed that I contacted their CEO and VP of operations via e-mail to express my opinion of them rolling-out a new product without sufficiently validating its reliability. I got a response from both but the problems continue. Their datafeed is simply a deal breaker. I love OECs platform; it's more stable than NT in my opinion and their DOM is great but if you can't get reliable information or their servers are down, it's useless. I received the same answers as posted here previously but that was back in Oct-Dec09. Here's what they put on their website - it seems partially untrue based on my experience. I have a Zen Fire connection now .... it's awesome. Unfiltered and reliable. Active Traders Active traders know their success is built on a foundation of Technology and Service. OEC was built on these principles. The OEC Trader was built by active traders for active traders. OEC offers the keys to unlocking your successful trading strategy: Speed – Our Direct Connections to the exchanges and cutting edge technology ensure the fastest executions and confirmations. We understand that for active traders, milliseconds matter. Reliability – Our investment in our data center and infrastructure means you never have to worry about down-time and broken connections. Functionality – The OEC Trader is the market leader in cutting edge functionality that gives you an edge in your trading with no software fees. Support – OEC offers professional, efficient 24 Software Support and a 24 Hour Trade Desk to answer any questions you may have. Technical Highlights The OEC Trader provides a rich set of functionality not commonly found in one trading platform today. Learn more about our Electronic Trading System – OEC Trader
  13. I purchased and use the ATO method. I programmed the indicator in Easy Language and backtested it over a few years. My partner programmed the same in Ninja Trader(he also purchased ATO), and he backtested it too. We compared results and found them similiar. We both trade the method and relating specifically to ATO, that's all I feel comfortable posting. Having said that, I can share: 1) some general comments on Breakout Systems; 2) a good breakout method here in PDF, the 15Min Opening Range Scalp; 3) associated indicator and signals in EL for your use. Both can be modified and stepped over different time frames to find the best entry time frame. The exit signal may require a little love and attention. Note **********: a) Backtest results on the Breakout System outlined in the attached document and the ATO demonstrate that the systems make winning trades but filtering the trades prior to entry improves their results substantially. See below for filtering. b) Filtering: Breakout systems require a confirmation of a breakout(not a market head fake). How one confirms this is a matter of trading style and experience. c) Filtering: I recommended a review of Price Levels that could work as RESISTANCE to the breakout ie OHLC and Intra-day(previous) Price Levels. I don't typically take the trade, if PRICE LEVELS OHLC fall too close 1-2 points from the intended direction of my trade because of the risk of reversal. d) Filtering: I also don't take the trade, if there's huge movement from one level to the other because of the risk of reversal (6-8pts). e) Filtering: I rarely enter the trade unless, I have a confirmation of trend using the 250T. In many cases using the Breakout method, price will have to retrace to pick-up your price, make sure it's trending in your direction first before entering. f) I also recommend identifying placement points for averaging-in or Stop Loss. If price moves against you the choices are few. (1) average-in with hope of bailing on a retracement; (2) Stop-Out; (3) stay in the trade and hope for good results. Having a disciplined approach will improve performance. g) I find that unless PRICE breaks-out as intended or if the trade starts to work against me, I typically quickly adjust my Profit Target and bail at a tick profit ... re-entering is cheap insurance, if I was wrong. h) I follow the Price Levels on a 5 Min Chart but track every tick and trend on the 250T, when in the trade. I have AutoTrend Lines; Volume(looking for high volume to indicate potential reversal). Watch for PRICE CONFIRMATION on the Breakout; Don't be afraid to enter 2 Ticks above the levels following trend confirmation; don't be afraid to bail on a trade that's questionable to you; if price continues to tick and tick at a certain Price Level ... hmmm - you're probably not the only one thinking about what to do next - follow volume. If you reference the attached document, (15) Minute Open Range Scalp Method, you will have a comparable system OR Breakout Method. EL indicator and signals attached for reference. Perhaps you can improve on the performance following backtest. Hope this was helpful. LBR_Scalp_setups[1].pdf 15 Min ORS.pla
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