daedalus

Cory don't beat yourself up too much over today... i'm certainly not trading it. Remember to put yourself in the best possible position to make money with the highest probability of something actually happening can take place... a national holiday that forces half the volatility of your market to disappear isn't one of those times. Wouldn't today been much nicer to take the day off from charts? Keep at it buddy!

Just downloaded 3.4.0.8 - release notes on the website haven't been updated. Anyone know what the changes/fixes for this version were?

my only concern is that the CL/QM comparison isn't exactly apples to apples... the QM will still clear 12-15k contracts per day... the M6e (the most active of all the pairs) traded 2,400 contracts... and i've found a lot of these kind of answers... Frankly... i want to trade liquid markets and these just aren't yet.

^^ Holy wow. I'm friggin' impressed. Thanks for sharing sapp!

post up the code of the indicator that does what you want on the chart and i'll see how doable it is to radarscreenify it.

Very cool to hear your trading fully automated sapp! You are the only one I know of that posts on this forum other than Grey1 trading auto. This side of the business always interests me. Please continue to share with us and welcome!

Can't win 'em all Mr. Black. Thanks for sharing your trade idea!

Can't wait to see this develop!

I'll send OEC a nice email requesting this be addressed. I thought I might have been understanding the logic wrong but if its a platform issue that's unacceptable. I mean, this isn't a beta release of some functionality or something, its their full release and their charts don't even function as they should.

Great job Dinero - good call on walking and keeping it in your account (real or not!)

I'm new to range bars and to be honest i've never used them on another platform so I don't know if this is normal and how they work or if there is some kind of algo problem in OEC trader. My question is this: Is it normal for say a 5 pip range bar chart (4 tick bars, the 5th tick in a given direction should start the new bar right?) to have some bars that are 4 ticks in legnth and others that are 5? Doesn't that kind of defeat the purpose? I've attached a picture of what I mean. Is this just typical range chart behavior or is it an OEC bug? Thanks for the help gents!

I don't have a family or family insurance but i'm self insured via Health Insurance - Affordable Health Insurance Quotes, Individual Health Insurance (well at least thats how I ended up finding my coverage). Easy to use site and it might have some options for you.

I've had the same issue trying to get OEC to play with Owndata 2.7. Multicharts 6.0 works like a charm but Owndata won't. My suspicion is that they haven't changed the API on Owndata like they did in Mulitcharts. Multicharts 5.5 and up will only work with OEC 3.4, 3.4 no longer works with previous versions of multicharts, and I think they haven't changed Owndata (so its trying to connect like a pre 5.5 version of multicharts) hence the no connection. The connection manager throws back the same error messages when trying to get MC 4.0 or 5.0 beta1/2 to connect with OEC 3.4 Hope this helps!

I'll give ya this.... thats about the most awesome place and time for a trading meeting ever. Been wanting to do the Monaco Gran Prix for YEARS!

thanks for the input - I watched your market delta webinar over the weekend - great stuff!

So i'm going to be trading the CME forex futures using range bars for daytrading purposes after a long career with tick charts. However, i'm wondering if anyone has run any kind of statistical analysis on normal ranges in different currency pairs to decide what the optimal range bar settings for individual markets might be? For example, the 6B may easily chop a 6 tick range without going anywhere, and by contrast a lesser moving market like the 6S may only chop around a 4 tick range and a 6 tick movement could be a significant event signaling a trending move... (I'm using a 5 pip range bar setting for the time being). Has anyone done any work on this or have any ideas? Obviously I can eyeball it and use simple logic but it just seems like a topic that someone might have touched on at some point (or someone like TRO had done stats on because he uses stats for everything he does). Thanks for any input or ideas you all may have. Cheers!

Worked perfectly! Thank you so much guys!

thanks guys i'll give that logic a shot!

yea, that helps, I didn't know what number the reciprocal was referencing.... simple enough to compensate for.... but what is the 5 there for?

I'm trying to convert an indicator for use in OEC, only problem being the code is using an easylanguage reserved word that I can't find in easylanguage manual explaining what it does. The code is this: Tool = AVERAGE ((CLOSE+HIGH+LOW)*RECIPROCAL (3), 5) ; Now the problem is RECIPROCAL while ok in Multicharts and TradeStation (and technically a reserved word in easylanguage) is NOT recognized by OEC. I'm assuming that I could simply rewrite the equation in a more complex "spelled out" format using another variable to do the function that reciprocal would be doing automatically. However, I don't know what the hell Reciprocal is actually doing to the numbers to reconstruct it. Anyone know or have an idea?

Very cool thread. Thanks for sharing with us. This is the kind of stuff that keeps this forum a great place to spend time and learn. Can't wait to see more!

should've waited for the FOMC announcement to start trading... there was nada prior to it for me and things got lively afterwards when I was off watching Leon the Professional.

why don't you post what you have?

well if you want multiple inside bars, just add an additional if then that compares further bars back.... if High < High[1] and Low > Low[1] and High[1] < High[2] and Low[1] > Low[2]and LastBarOnChart then That statement would check to see if the last two consecutive bars were both IB's. Just change the alerts to whatever you want. Then make sure you set the indicator in radarscreen to NOT update tick-by-tick. Then it will be default only calculate on each bar's close.

Are there simple step by step rules for those trades? Most of those guys don't use hard and fast rules (but I find I have to trade with hard and fast rules to be successful) so there are at least enough rules that I can code them into an indicator that shows my setups... Pink diamond on an upswing = short, green diamond on downswing = long (Entry when price trades through H/L of minor correction). Pretty basic. I try and get 1:1 on everything and like you say, take what you can. Is it perfect? Nope... but its enough for me. I'm not on FF. Cheers!