Help with Simple Show Me

[9146894me 10]

I dont understand easy language enough. Any help with these show me's would be appreciated. Rules are described for plot.

[thrunner 10]

I suggest you take a look at the code for Head & Shoulders ShowMe within TS for example of how to find these patterns. These are not simple one, two or three bar patterns (for example, looking for a doji, which is basically Open=Close for the current bar) and it requires looking at pivots or swing bars over many bars (could be dozens of bars). The code for H&S is about 200 lines. In addition, no two independent implementation of these indicators will look exactly the same because there are too many variables involved.

Even if you don't do Easylanguage, you could start by drawing a few bars of what the rules entailed in the pictures you posted and see if you could have defined them mathmatically (e.g., H[4] < H[3] AND H[3] = H[1] AND C[3] <> H[3] AND C[1] <> H[1] AND C[0] < L[1] in the simplest 5 bar permutation for the Double top reversal bar pattern).

[9146894me 10]

Thank You I will try to define in more detail and I will look further.

9146894me

[thrunner 10]

Now I see a sample chart of the bars in question I can see why you say they are simple. In real life, you won't find too many adjacent bar double top or double bottoms like that (I don't think the sample chart is even an actual chart). If you just want to program such a pattern, the logic provided above (or similar logic) will let you program such pattern matching in EL, but you are unlikely to find many matches. There are a lot more practical three bar group patterns you can explore, for example the ones mention in Suri's book

 

{Suri TBG1; Go Long above H[3]}

if H[3] > H[2] and C[2] < C[1] and L[1] > L[2] and H[1] > H[2] and C > H[3] then
TB1Long = true
	else
TB1Long = false ;


{Suri TBG2; Go Long above H[2]}

if H[3] > H[2] and C[2] < C[1] and L[2] < L[3] and O[1] < C[2] and C[1] > C[2] and 
L[1] < L[2] and C > H[2] then
	TB2Long = true
else
	TB2Long = false ;


{Suri TBG3; Go Long above H[1]}

if H[3] > H[2] and C[2] < C[3] and O[1] > C[2] and H[1] > H[3] and
C > H[1] then
TB3Long = true
	else
TB3Long = false ;


{Suri TBG4; Go Long above H[3]}

if H[3] > H[2] and H[2] > H[1] and L[3] < L[2] and L[2] < L[1] and C > H[3] then
TB4Long = true
	else
TB4Long = false ;


{Suri TBG4; Go Short below L[3]}

if L[3] < L[2] and L[2] < L[1] and H[3] > H[2] and H[2] > H[1] and C < L[3] then

TB4Short = true
	else
TB4Short = false ;

 

The first ELD ...SURIBARS below is not an actual indicator, just the functions for matching the three bar groups pattern. The second ELD, ...SURI.CANDLEREADER is an indicator, capable of matching several candle stick patterns, written by Suri. You should be able to use that as an example to explore more simple patterns.

20070716084205SURIBARS 1.ELD

20061205194606SURI.CANDLEREADER.ELD

[9146894me 10]

Again Thank You, I hope others will benifit from the code also. I will soon contribute some code and Ideas I came across. Ultimatly what i am looking for is:

Find a confirmed major pivot P1

Confirm a P2 pivot

Get a P3 pivot that dosent exceed the P1 pivot and enter on the reversal bar types above. But rather than just seeing them on the chart I thought getting a plot after the conditions above have occured would be a excellent entry. (providing the trend is in your direction and others). But overall finding major reversals in the market and trading with them would be a low risk place to enter trend changes.

[9146894me 10]

http://www.surinotes.com/tradestation/articles/TradingABCs.html

 

Suri seems to have an auto ABC with Fib projections for the C pivot. This is very similar to what I am looking for. Is this indicator available? Is the code in his book?

Thanks to all!

[9146894me 10]

I attached another picture Suri with my markup comments.

[thrunner 10]

http://www.surinotes.com/tradestation/articles/TradingABCs.html

Suri seems to have an auto ABC with Fib projections for the C pivot. This is very similar to what I am looking for. Is this indicator available? Is the code in his book? Thanks to all!

Not that I am aware of. Suri has begun to market quite of few of his indicators, although the prices are not explicitly listed on his website. The closest free indicator is the Suri ZigzagFib from the TS forum.

[Tams 20]

Again Thank You, I hope others will benifit from the code also. I will soon contribute some code and Ideas I came across.....

 

still awaiting your contribution..... .....

[aaa 10]

Hi

 

Suri has Xcellent ideas 2 build personnalized indicators

 

 

 

**********************

 

Like this one

 

Edited May 29, 2010 by aaa

[9146894me 10]

I can find Pivot A and Pivot B then I want Pivot C to less than Pivot A and enter on the reversal bar.

 

So maybe a showme that plots a dot above or below depaening on direction every reversal bar that happens to see it better so would I need a higher high and a equal or lower close than the previous bar to plot?

 

Maybe something is already offer that will plot this. I know there will be tons of plots but I can filter most out by the C pivot to be equal or less than the A pivot.

 

So A would be confirmed and B would be confirmed then I would look for the c pivot and watch the reversal bars plot from that point on.

[9146894me 10]

I can find Pivot A and Pivot B then I want Pivot C to less than Pivot A and enter on the reversal bar.

 

So maybe a showme that plots a dot above or below depaening on direction every reversal bar that happens to see it better so would I need a higher high and a equal or lower close than the previous bar to plot?

 

Maybe something is already offer that will plot this. I know there will be tons of plots but I can filter most out by the C pivot to be equal or less than the A pivot.

 

So A would be confirmed and B would be confirmed then I would look for the c pivot and watch the reversal bars plot from that point on.

[9146894me 10]

I found this website that has an indicator that plots the reversal bars and looks at engulfmants which form a ABC type of formation

Trading Alchemy, Unleash the Power of TradeStation

[macdfx 10]

Buy their software then, and tell us how it works.

[zdo 20]

...how do you spell Suri ? ...