Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

SIUYA

Manually Inputted Context Zones

Recommended Posts

Alas - so far no good.

(yes its a new version, and yes it has issues.....)

but today it has crashed my computer three times, automatically logged me out of IB twice, and I there is not a lot of intuitive stuff there....

eg; I was getting errors regards linking ASX stocks - not recognising the exchange etc; even though it was showing correctly in the quote manager.

I managed a work around via sheer luck, but then it crashed my system.

 

I will keep posting updates as I will keep persevering!

Share this post


Link to post
Share on other sites

so far managed to get..... a feed from Esignal....it works, it updates and its real time as checked against tow other systems.

 

The IB real time feed - loads a chart, but does not update.

I have also confirmed with someone else on the MC website, that if loading data via Esignal, and trading via IB then orders will not be recognized.... so basically I am stuffed as I am not going to rely on IB data as its crap (they admit it and so does every one else).....

Once again so far, a system offers a lot and there are probably workarounds if using only a few instruments, but when trying to run things over a portfolio of many instruments.....they are close but not quite there.

Quick conclusion.... I will continue with SC, and try and provide some feedback with MC and see what happens over the coming months.

 

(as a side rant which has been continual for me, and ideally designed to push system developers :)..... too many systems, brokers, whatever.... say they are the best, designed by traders etc..... wrong. Until you have a system that is able to handle a portfolio of systems over multiple markets and instruments then keep working. Being able to handle a specific market, a specific set of brokers, or only a few instruments at a time then you are not the best..... mind you I dont know of many systems that can yet.... but at least some cover some markets and lots of instruments well.) (its also a lot batter than it was a few years ago) :)

Share this post


Link to post
Share on other sites

I've Done It! I have finished my automatic zone drawing indicator for ninjatrader and now working on transporting it to Tradestation, then I will make it available for a bunch of different platforms.

 

Here's what it draws out.

1.) using 72 different equations we are drawing the zones.

2.) I have found that price tends to bounce of these zones so I have instituted bounce count colors.

New zone = Aqua

1st bounce = blue

2nd bounce = yellow

3rd bounce = purple

4 or more = gray

I can also show the "dead zones" idea behind this is support become resistance and visa versa.

 

3.) I have found that this system works the best if you use it on multiple charts of one instrument. I'm using it on 6 different time frames, 4hour, 1 hour, 30 min, 15min, 5 min, and Secret chart (for my entry)

 

4.) I have found that using the secret chart I can run around with very small stops and every trade can start out like scalp then turn into a big movement if price so allows.

I would post some entries that I've taken in the past week, but I would rather do it in real time or predict them just to show how these zones are working. It also requires you to run around with 3 contracts at least.

 

I call these zones and system APA Zones for "advanced price action".

 

So here's a couple of 4 hour charts.

 

6E-09-11-240-Min-7_1_2011.jpg

this chart has the old zones "dead zones" turned on which are in grey. Right now price is in a zone, and the zone will only turn to the next bounce color after price completely leaves the level for at least 1 bar.

 

TF-09-11-240-Min-7_1_2011.jpg

Edited by doubletop11

Share this post


Link to post
Share on other sites

It's a secret chart that I use to get in and out of the market with. It one of those "found out about it on mistake kind of things then I realize that I was sitting on a gold mine by using it with confluence of zones but lets just say it's amazing!!!!

on of the major ideas behind this is Green outlined zones mean buy, red outlined means sell zones so it easy to follow.

 

Here's a sample of what my charts looked like today. I watch the CL, 6E, and TF markets.

 

multitimeframes.png

Share this post


Link to post
Share on other sites

looks interesting doubletop11

a couple of questions if I may....

 

I've Done It! I have finished my automatic zone drawing indicator for ninjatrader and now working on transporting it to Tradestation, then I will make it available for a bunch of different platforms....... are you thinking about doing it in the C++ format - for such platforms as Sierra chart or Esignal?

 

....are you planning on selling this, offering it as a subscription, making it freely available?

 

4.) I have found that using the secret chart I can run around with very small stops and every trade can start out like scalp then turn into a big movement if price so allows.

I would post some entries that I've taken in the past week, but I would rather do it in real time or predict them just to show how these zones are working. It also requires you to run around with 3 contracts at least. ..... why does this require 3 contracts?....I look forward to seeing something in action...even historically as a guide to what it can do.

 

It seems that rather than having to manually input zones, you have automatically developed a zone finder (if thats a way to put it).......are these zones alerts for your secret charts to then focus on entries or can you further program the zones to incorporate entry/exit rules?

 

thanks.

Share this post


Link to post
Share on other sites

are you thinking about doing it in the C++ format - for such platforms as Sierra chart or Esignal?

Yes both of these platforms will be available in 2-3 months. We are porting the software to Tradestation due to the automated strategy of this system is very profitable and I'm hosting it on a computer that is 1 hop from the exchange. but they only accept Tradestation systems.

 

....are you planning on selling this, offering it as a subscription, making it freely available? Yes the indicator will be sold. Right now it's available on NinjaTrader, and midway through the port to tradestation.

 

why does this require 3 contracts?....I look forward to seeing something in action...even historically as a guide to what it can do.

TF_7-6.png

The reason for the 3 contracts is because these zones let the market tell the system where to put it's stops, and targets. This trade on the TF had a 2 tick stop, we bought it long at 835.20. with 3 targets going up.

1st= 15min 20 MA @ 838.6

2nd = 15 min. zone @ 839.9

3rd = 2nd zone on 15min = 843.0

stop loss is moved to cover entry price +2 ticks after 10 mins.

 

  Quote

It seems that rather than having to manually input zones, you have automatically developed a zone finder (if thats a way to put it).......are these zones alerts for your secret charts to then focus on entries or can you further program the zones to incorporate entry/exit rules?

thanks.

It is the confluence of zones of the 5 charts that I show you that triggers the "Trade Secret" chart. I'm looking for 3-5 of the charts to have the same zones. Which will happen only a couple times in a 24 hour period on any given market. The system needs to run 24/5 pretty much. We also have an automatic ABC pattern inside the program as well that does ABC with a time function in it to pretict exactly what time completion should take place. It also identifies doubletops, double bottoms. But I don't use it much since I found the "Secret Chart".

You can check out more theory at my website APAzones.

Edited by doubletop11

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • AXON Enterprise stock, top of range breakout at https://stockconsultant.com/?AXON
    • FOUR Shift4 Payments stock with a solid breakout above 122.9, from Stocks to Watch at https://stockconsultant.com/?FOUR
    • EBS Emergent Biosolutions stock watch, pullback to 9.9 triple+ support area with bullish indicators at https://stockconsultant.com/?EBS
    • POAI Predictive Oncology stock with a bull flag breakout, target 2 area at https://stockconsultant.com/?POAI
    • Date: 18th February 2025.   UK Unemployment Rate Falls and The Pound Spikes Upwards.     The British Pound spikes upwards against all currencies as the UK releases its employment data. However, the latest employment data release does not give long-term confidence as the UK continues to see a higher possibility of economic stagnation in 2025. Can the GBP maintain momentum?   UK Releases Latest Employment Data! The UK employment data had its positive and negative points. The Monthly Unemployment Claims rose 22,000 which is at a 3 month high, and higher than analysts’ previous expectations. This is known to be negative for the British Pound. However, the UK also saw some positive data which investors are clinging onto. The UK Unemployment Rate fell for the first time since October 2024. The UK Unemployment Rate, to the surprise of analysts, fell from 4.5% to 4.4%. Lastly, the Average UK Salaries Index rose to 6.00%, the highest in 13 months and higher than previous expectations. This is the main reason why the GBP is increasing in value. That said, the Bank of England and economists continue to expect the UK to witness stagnation in 2025.     The British Pound The British Pound is now one of the best-performing currencies of the day so far. The US Dollar and Japanese Yen are also strongly increasing in value. The Governor of the Bank of England, Mr Bailey, is due to speak at 09:30 GMT and is likely to comment on the latest employment data.   Previously, Bailey described the UK’s economic growth as “static,” despite stronger-than-expected Q4 2024 data—0.1% growth instead of the forecasted –0.1% quarterly and 1.4% annually versus the expected 1.1%. Meanwhile, the BoE revised its 2025 GDP growth forecast down to 0.75% from 1.0% in November. Traders are also hoping Governor Bailey will comment on the possible future rate cuts.   Tomorrow at 09:00 (GMT+2), the UK will release January inflation data. Analysts expect the annual CPI to rise from 2.5% to 2.8%, while monthly prices may drop by 0.3% after a similar increase in December. The Core CPI is projected to climb from 3.2% to 3.6%.   When evaluating the GBP Index, the GBP is currently trading 0.95% higher in 2025. However, the upward price movement is largely due to last week’s Gross Domestic Product which beat expectations. The performance of the GBP will also depend on whether the US imposes tariffs. Additionally, pressure on the UK to increase defence spending could further strain the country's already scrutinized budget.   GBPUSD - Technical Analysis and Price Condition The GBPUSD is trading above the main moving averages on the 2-hour timeframe and is trading high on most oscillators. These factors indicate that the buyers are currently controlling momentum, but traders are concerned about two factors. The first is that the GBPUSD is struggling to break above the 1.26300 level and the fact that both the USD and GBP is simultaneously increasing in value. As both currencies are increasing in value, technical analysts view the price action as conflicting. On the 5-minute chart, the GBPUSD is trading at the 200-bar average price movement indicating a neutral signal. This also follows the concerns of traders that the price action is conflicting.     If the price breaks above 1.25918, the GBPUSD may witness sell signals materialize. However, if the price breaks above 1.26200, buy signals may arise which will also be in line with the indications on the 2-hour timeframe.   Key Takeaway Points: GBP rises as the UK employment data lifts GBP, but stagnation concerns remain. UK Salaries hit a 13-month high, boosting the Pound. The Bank of England Governor, Mr Bailey may hint at future rate cuts and advises the UK will witness economic stagnation. The key risks for the GBP remain inflation data, US tariffs, and UK defence spending pressure. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.