no_sandbags

View it as you see fit . . . And yes, a back-up system entails having another broker already in place Problems ARE a fact of trading and the technology systems we use, and not just on the retail level View it as you see fit . . . just don't blame your results on someone else

Perhaps it was you that cost yourself $1000, by choosing not to have a back-up system . . . if that is the case Considering that a decent back-up can be had in the neighborhood of $25/month, the cost is not even a factor based on your experience this morning Few professionals would choose to play this game without options. And I don't care what or who you use, there will be problems from time to time . . .

I agree with you, the Remove option shouldn't be at the bottom of the list. Maybe if it was at the top I'd use it, but I find it quicker to just click on the object and then use the Delete key on the keyboard.

High + (TickSize * X) will also work to create more distance, where X is any integer

you don't trade them ? aren't you the one who started this thread ? just joking around . . . okay, just as a bit of follow-up. you're right, the smaller wave at the end of the day was a bearish (or sell) wave. still, my first assumption is that its going to its "flip level" this morning price went lower, so the 1958 level was just good for yesterday. the first thing we want to do is check to see if there are any larger waves in play, just go to a higher time frame and take a look the following is a 60 min chart and we just go thru the process again determining the "flip level". you do the math, i'm not making this up just building on what we have learned. of course, one should always be aware of the largest wave in play, so yes . . . we knew this yesterday

well . . . not exactly, the points we are always using are #3 and #4. just as in the original example: 1998 - 2038 = -40 1998 + (-40) = 1958 --- this IS the "flip level", just flipping #4 to the other side of #3 the difference between #3 & #4 is subtracted from #3 for a "buy wave", and added to #3 for a "sell wave" i glanced at the stuff you mentioned, but he's dealing with Keltner Bands, this is just Wolfe Waves and the relationship between the #3 & #4 pts i'm not telling anybody how to trade, or how to draw their lines, only suggesting that you pay attention to the relationship between the #3 and #4 pts. quite often it is a way of quantifying where the "sweet zone" is, and in my experience is much more beneficial than drawing some line, the value of which is always changing as time goes on . . . just food for thought

waveslider, okay, here's a 5 min chart showing the counter wave (contra) at the bottom. it triggered right at the end of the day so based off this little wave we'll be looking for a "flip level" in the 1983 area tomorrow does it always go to the "flip level" ? of course, not . . . but it is a fairly common occurrence. will it always stop at the "flip level" ? no again, but one has to let the price action tell him these things. and most importantly one needs a game plan and a set of rules to follow a bigger wave does have more meaning than a smaller one, but its just one step at a time. if it never gets back to the (1,3) line of the larger wave, that's okay . . . and certainly not looking for any (1,4) line move ;-)

hello waveslider, the wave just gives a framework, there were entries all over the place for starters the break of the (1,3) line was a short, then there were momentum continuation plays on the way down on smaller time frames, 5 min for instance. i mean there is an assumption about where its going . . . then the 1st time it hit 1958.00 @ 11:05 was a nice long then the test back down . . . it ain't going to turn on a dime the idea is that a smaller counter wave is going to form in that area (flip level), so you just play the swings the last 1/2 hour of the day rallied from 1957 to 1972, triggering the contra. you do see the small sell wave at the bottom, right ? hell, Wolfe himself was just a scalper, wasn't he ?

well now that the squabbling seems to be over . . . thought i'd post a chart with a different take on things, being that there's such a nice example from today on the NQ, this is a 15 min chart much of the talk about these waves is theory, and you need theory to begin with, but as a practical matter its best to pay attention to support and resistance in terms of targets some things to note on this chart . . . 1) the line from #1 to #3 is horizontal 2) the distance from #3 to #4 often gives a good projection about where things are going to go 3) once that "flip level" is reached, the primary focus should be on a counter (contra) wave forming just food for thought . . . [ATTACH][ATTACH][/ATTACH][/ATTACH]

Monday morning with 3.5.0.9 (live) so far things are looking pretty good; the new Mbars are working fine with the ZB at least, charts settings held from last night, default settings are holding for indicators, custom indicators came thru from 3.4.0.8 (think it was by importing a Layout) fingers crossed . . . :-)

as a newcomer, i'd like to thank you for the task you've undertaken, much appreciated i've followed the ES and ZB for the last month or so (settings from 4 to 8 ticks) and have not seen any of the described problems on those markets (live platform). i have seen the variable bars on the 6E i talked with Chris @ OEC this afternoon and he sent me the following: Momentum Bar Chart Momentum bars are charted as standard vertical bars with opens, highs lows and closes, yet each bar has a specified price range, rather than being charted in units of time or ticks. With a focus on price movement, long periods of consolidation may be condensed into just a few bars, removing excess noise in the market and highlighting "real" price movements. So it is possible that an entire month of daily bars could fit into a single Momentum Bar, and the next month would have 30 Momentum Bars. Momentum Bars are built by the underlying closing data that shows the directional trends as per the range amount. Momentum Bar charts are time independent so that time axis increments will not be fixed. The size of the bars will always be the range size set by you and will never be anything smaller or larger unless it is the current bar that is building. Momentum Bars look like standard bars, but are different in four ways: 1. Momentum Bars are all equal in height, based on the Range specified by the user. 2. The open of each Momentum Bar is always one price tick above or below the close of the previous Momentum Bar; since a new bar cannot be started until the specified Range is exceeded. This is the primary difference between Momentum Bar and Range Bar charts. 3. Momentum Bar closes are always at the top or bottom of the bar. 4. Momentum Bars charts have no gaps. How a Momentum Bar is Built: Since Momentum Bars are driven by price movement, a new Momentum Bar is only created once the specified Range has been exceeded. For example, if the specified Range amount is $10, it means that each Momentum Bar will have a range (High to Low) of $10. It is thus conceivable that a single Momentum Bar could represent several days if the movement throughout those days was only within a $10 price range. Once a Momentum Bar is closed-out, the open of the next Momentum Bar will always be one tick above or below the close of the prior Momentum Bar. There are no gaps displayed on Momentum Bar charts, so when there is a price gap in the underlying data, "virtual bars" will be inserted as necessary to fill in the gap on the Momentum Bar chart. These "virtual bars" can be easily distinguished from "real" Momentum Bars by their Up Volume and Down Volume values, which will both be zero. Note, in order for a bar to be considered a "virtual bar", there should be no real price activity contained within the bar. Range Bar Chart Range Bars were developed in 1995 by a Brazilian broker and trader, Vicente M. Nicolellis, Jr. The purpose of Range Bars was to focus only on changes in price; thus they do not close at a specific time, but instead only when the range is complete. Each bar has a specified price range, rather than being charted in units of time or ticks. With a focus on price movement, long periods of consolidation may be condensed into just a few bars, removing excess noise in the market and highlighting "real" price movements. So it is possible that an entire month of daily bars could fit into a single Range Bar, and the next month would have 30 Range Bars. Range Bars are built by the underlying closing data that shows the directional trends as per the range amount. Range Bar charts are time independent so that time axis increments will not be fixed. The size of the bars will always be the range size set by you and will never be anything smaller or larger unless it is the current bar that is building. Range Bars look like standard bars, but are different in four ways: 1. Range Bars are all equal in height, based on the Range specified by the user. 2. The open of each Range Bar is always equal to the close of the previous Range Bar. This is the primary difference between Range Bar and Momentum Bar charts. 3. Range Bar closes are always at the top or bottom of the bar. 4. Range Bars charts have no gaps. How a Range Bar is Built: Since Range Bars are driven by price movement, a new Range Bar is only created once the specified Range has been met. For example, if the specified Range amount is $10, it means that each Range Bar will have a range (High to Low) of $10. It is thus conceivable that a single Range Bar could represent several days if the movement throughout those days was only within a $10 price range. Once a Range Bar is closed-out, the open of the next Range Bar will always be at exactly the same price as the Close of the prior Range Bar. There are no gaps displayed on Range Bar charts, so when there is a price gap in the underlying data, "virtual bars" will be inserted as necessary to fill in the gap on the Range Bar chart. These "virtual bars" can be easily distinguished from "real" Range Bars by their Up Volume and Down Volume values, which will both be zero. Note, in order for a bar to be considered a "virtual bar", there should be no real price activity contained within the bar. ========== so that must be the info they are using to move forward, obviously what we've seen on the "live platform" to date haven't been "range bars" according to the above, but haven't been "momentum bars" either, at least not in the 6E. true "momentum bars" should be coming soon, though he couldn't confirm that it would be this weekend there are some different definitions out there, and different ideas as i learned from the articles in SFO back in Feb & Apr 2003, those articles can be accessed at their website thanks again to you & all who have helped bring this thing to a resolution, sandy