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.

Ingot54

To Arm or to Disarm.

Recommended Posts

The only thing necessary for the triumph of evil is that good men do nothing...

 

The majority of the bad pack heat...the majority of the good don't pack heat but leave it at home.

Share this post


Link to post
Share on other sites
I probably appear delusional if you are conservative. Twist one up and enjoy. Thank your stars that someone did a lot of hard work for you.
it wasn't your type that did it. your type attempts to destroy what was gained by hard work and sacrifice

Share this post


Link to post
Share on other sites
it wasn't your type that did it. your type attempts to destroy what was gained by hard work and sacrifice

 

My type is doing it. I pay more than my fair share so that your type can enjoy a leisurely life and make ridiculous statements such as the desire to add armed people to schools which arms more people and not less.Your type criticizes the current administration for spending too much yet your type proposes to add more spending by adding armed personnel to schools. Think about how pathetically contradictory your type are!! My type is a bit too far to the right for your type.

 

However, if my wanting to arm fewer people makes me liberal, then I suppose I am a liberal.

Share this post


Link to post
Share on other sites
My type is doing it. I pay more than my fair share so that your type can enjoy a leisurely life and make ridiculous statements such as the desire to add armed people to schools which arms more people and not less.Your type criticizes the current administration for spending too much yet your type proposes to add more spending by adding armed personnel to schools. Think about how pathetically contradictory your type are!! My type is a bit too far to the right for your type.

 

However, if my wanting to arm fewer people makes me liberal, then I suppose I am a liberal.

LOL.... you making my life leisurely? :rofl: you leftist socialistic liberal. you probally don't believe in spanking kids either do you? you probally were never spanked when a child?..eh

Share this post


Link to post
Share on other sites
LOL.... you making my life leisurely? :rofl: you leftist socialistic liberal. you probally don't believe in spanking kids either do you? you probally were never spanked when a child?..eh

 

I have immigrant parents. I am over 50. You tell me if my parents spared the rod. If your kids need to be spanked then you should spank them. Fortunately, I have never had to spank my children. I am not sure how spanking children fits into this thread, but I won't question your motives further.

 

Also, I am not sure how me wanting smaller government makes me a socialist. Not sure how you agreeing with the solution for the govt to add hundreds of thousands of armed personnel to the ranks makes you conservative. Maybe conservatives are really socialists in disguise? Something sounds wrong.

Share this post


Link to post
Share on other sites
I have immigrant parents. I am over 50. You tell me if my parents spared the rod. If your kids need to be spanked then you should spank them. Fortunately, I have never had to spank my children. I am not sure how spanking children fits into this thread, but I won't question your motives further.

 

Also, I am not sure how me wanting smaller government makes me a socialist. Not sure how you agreeing with the solution for the govt to add hundreds of thousands of armed personnel to the ranks makes you conservative. Maybe conservatives are really socialists in disguise? Something sounds wrong.

i too am over 50. i too believe in smaller almost nonexistent gov. as far as spanking well i figured that one right...as least partially.

 

who said anything about the gov adding hundreds of thousands of armed personnel to the ranks? i am talking about the citizens carrying their arms. one thing bad guys understand is a gun and bullets. and if perchance they don't and do not restrain themselves from their evil plans and intentions...well ...it doesn't matter... the gun will stop them anyway. but where there is no gun they can't be stopped until awful things happen.

 

as far as being an immigrant goes ...well then your parents were probally conservative and perhaps you did receive a few corrections with the rod but obviousley rejected that later in life or you have perfect kids????

 

you probally don't believe in capitol punishment either. am i right? you probally think we can negociate or talk to these nuts that mow down people?? force has to be met with force...generally. there are exceptions. we could just take the guns from police officers and let them jaw at the murders and criminals and see if they can sweet talk them into not commiting their crimes. gun regulation won't keep these kinds of people from committing their crimes. it will leave society with less defence against them.

Share this post


Link to post
Share on other sites
i too am over 50. i too believe in smaller almost nonexistent gov. as far as spanking well i figured that one right...as least partially.

 

who said anything about the gov adding hundreds of thousands of armed personnel to the ranks? i am talking about the citizens carrying their arms. one thing bad guys understand is a gun and bullets. and if perchance they don't and do not restrain themselves from their evil plans and intentions...well ...it doesn't matter... the gun will stop them anyway. but where there is no gun they can't be stopped until awful things happen.

 

If you buy into the NRA solution then you buy into larger government. If your solution involves only arming more civilians, then there are lots of unintended consequences that emerge such as lots more homicide and more accidental shootings. Mass shootings will either go up or stay the same because everyone has a gun. The incidence of mass shootings will likely mirror the suicide rate. We can assume that the shooter will not be able to kill as many people if other adults are armed, but they still will be able to kill. You won't stop them until after they start shooting.

 

I suggest much much tighter gun possession laws and gun disposal laws. In nearly every instance of these shootings, the guns used were at some point purchased legally. If there was a law that made you, Patuca, responsible for the crimes your gun commits, then I would feel safe to say that your gun would not end up in the wrong hands since you would be a lot more careful about who you sold it too or if you left it out in the open to be stolen. I don't feel that it is necessary to remove the 2nd amendment, even though its value has diminished through time.

as far as being an immigrant goes ...well then your parents were probally conservative and perhaps you did receive a few corrections with the rod but obviousley rejected that later in life or you have perfect kids????

 

I got hit when I broke major rules. Needless to say, I got hit a lot. I prepared myself for children who would be like me. I didn't get what I was waiting for. They do what they are told. There is a lot of yelling, but they do not break any major rules. I am not going to hit them for no reason. I didn't get hit for no reason.

 

you probally don't believe in capitol punishment either. am i right? you probally think we can negociate or talk to these nuts that mow down people?? force has to be met with force...generally. there are exceptions. we could just take the guns from police officers and let them jaw at the murders and criminals and see if they can sweet talk them into not commiting their crimes. gun regulation won't keep these kinds of people from committing their crimes. it will leave society with less defence against them.

 

I believe that most criminals should be put in labor camps. Let them make gravel with sledgehammers. If they commit more crimes when released and have to go back in to crush stone again, then we know that they are truly stupid and not gaming the system for 3 square meals a day and bed. We need to focus on making money on every dollar we spend. There is lots of need for gravel.

 

The only way i would feel satisfied with capitol punishment is if a family member of the victim were able to do the killing. I am not talking about letting his or her hand push the lever down, in some sort of symbolic gesture, to release the humane drugs to slowly subdue and kill the murderer. If someone killed someone in your family, may God forbid it from ever happening, would you feel satisfied if the murderer was safely put to sleep? Fuck that. I at least want screams and torture for a period of time that is at a minimum of what I estimate the family member endured.If i had my way, it would be more. Otherwise, killing them humanely takes them out of his miserable life and I would be left to endure the agony of loss and the thoughts of what my family member had to go through in his or her last moments. I would not feel satisfied.

 

If others want the murderer put to death then fine, but as it stands I would rather know that the murderer is living the worst life possible to at least match the misery that I would feel. I would definitely want him to live as long as me and then be put to death. I would want him rehabilitated only to the point of him realizing the crime he committed so that he can suffer more, but not rehabilitated for release. If he went on a hunger strike, I would want him fed intravenously. Get the point? I would not be satisfied knowing that his life ended humanely.

 

Again, if this is liberal, then I am liberal.

Share this post


Link to post
Share on other sites

"Among the many misdeeds of British rule in India, history will look upon the Act depriving a whole nation of arms as the blackest." - Mohandas Gandhi, an Autobiography, page 446.

Share this post


Link to post
Share on other sites
If you buy into the NRA solution then you buy into larger government. If your solution involves only arming more civilians, then there are lots of unintended consequences that emerge such as lots more homicide and more accidental shootings. Mass shootings will either go up or stay the same because everyone has a gun. The incidence of mass shootings will likely mirror the suicide rate. We can assume that the shooter will not be able to kill as many people if other adults are armed, but they still will be able to kill. You won't stop them until after they start shooting.

 

I suggest much much tighter gun possession laws and gun disposal laws. In nearly every instance of these shootings, the guns used were at some point purchased legally. If there was a law that made you, Patuca, responsible for the crimes your gun commits, then I would feel safe to say that your gun would not end up in the wrong hands since you would be a lot more careful about who you sold it too or if you left it out in the open to be stolen. I don't feel that it is necessary to remove the 2nd amendment, even though its value has diminished through time.

 

 

I got hit when I broke major rules. Needless to say, I got hit a lot. I prepared myself for children who would be like me. I didn't get what I was waiting for. They do what they are told. There is a lot of yelling, but they do not break any major rules. I am not going to hit them for no reason. I didn't get hit for no reason.

 

 

 

I believe that most criminals should be put in labor camps. Let them make gravel with sledgehammers. If they commit more crimes when released and have to go back in to crush stone again, then we know that they are truly stupid and not gaming the system for 3 square meals a day and bed. We need to focus on making money on every dollar we spend. There is lots of need for gravel.

 

The only way i would feel satisfied with capitol punishment is if a family member of the victim were able to do the killing. I am not talking about letting his or her hand push the lever down, in some sort of symbolic gesture, to release the humane drugs to slowly subdue and kill the murderer. If someone killed someone in your family, may God forbid it from ever happening, would you feel satisfied if the murderer was safely put to sleep? Fuck that. I at least want screams and torture for a period of time that

Again, if this is liberal, then I am liberal.

 

Patuca, we both know this can never be allowed in the USA..It must not be, for this is really the main thing that seperates us from Russia, and the middle eastern countries where they DO what you talk about to prisoners. But sadly as in all societies it cannot ever be KEPT in prisons.It leaks out to inhumanity for that countries citizens as well. Why dont we start oiff slowly. Just give the victims parents,spouse or kids some rights. And yeah it would give them great satisfaction to be saing to the criminal on death row as they are injecting lethal poison into them...."This was so unnessasary. I will still suffer, but at least maybe wherever you are going, you can tell your fellow inmates or cohorts that when you kill a person, you kill his family too. Look into my eyes and tell me if youd like to go your whole life with my rage and sadness?"

 

Now in 50% of the cases the murderer has not the CAPACITY to feel what we feel so it would fall on dead ears anyway. And to me, as in a rabid dog that just acts because it cant think, a humane punishment is really the thing to do................BUT NOT SITTING ON DEATH ROW FOR 5-10 YEARS, ON PATUCAS AND the countries tax dollars eating 3 meals a day and staying warm! Who benefits by that in our corrupt system? Nobody. It just "taxes" the system, forgive the sick pun. And if you want to be humane about it, maybe it causes grief to that mans family and children that maybe he will get out. Bring closure quickly! Yes?

 

So they dont close this thread on us, let me show how TRADERS could be affected by this. If a trader had his son or daughter killed by a maniac, could that trader ever trade the same again, or could he ever enjoy his succes the same way, knowing his wife and children were the ones he wanted to make proud of him...and now they are gone! SO YES,TRADERS MIGHT BE MORE AFFECTED BY A BRUTAL CRIME THAN JUST SOME ONE WHO ...........................??????

 

 

And now let us say a prayer for those 26 people whom I hope have reached their "final" destination by now, and to all the mothers and fathers who had the life sucked out of them in one day by some guy who just couldnt handle a simple disagreement or a step on his foot. Yes folks, we traders are not part of the Wall Street mentality and we grieve along with the families of the victims. God bless you all, wherever you are, whatever country you reside in. This as in trading, is a global issue. Amen.....

Share this post


Link to post
Share on other sites

I will repeat it again as 2012 comes to a close. INGOT started this thread with one of the most rational posts on gun controil and also on saving this country that has been in print in a very long time. I hope more INGOTS...... no not ingrates, I said INGOTS! lol Anyway we need more people to speak out in a civil way. For as the world authority on Sociology in the world who has studied human change better than any person alive, Margaret Meade. She has said....."It is only thru peaceful protest can lasting change occur. Indeed nothing else has worked so well in all of history. Why are we not doing so much more of it?"

 

Look at the reverse actions using her tactics and the horror it caused the entire world. In 1932 or 33, Hitler staged his now famous "Beer Hall Pusche" and with a group of about 4 or 5 men, described how it was time for Germany to take her rightful place at the top of the world, and right there the Nazi Party came into being. With 5 men just talking to a bunch of drinkers in a beer hall!!!!!! If this does not give any of you some very creative ideas, God help you.

Share this post


Link to post
Share on other sites
I will repeat it again as 2012 comes to a close. INGOT started this thread with one of the most rational posts on gun controil and also on saving this country that has been in print in a very long time. I hope more INGOTS...... no not ingrates, I said INGOTS! lol Anyway we need more people to speak out in a civil way. For as the world authority on Sociology in the world who has studied human change better than any person alive, Margaret Meade. She has said....."It is only thru peaceful protest can lasting change occur. Indeed nothing else has worked so well in all of history. Why are we not doing so much more of it?"

 

Look at the reverse actions using her tactics and the horror it caused the entire world. In 1932 or 33, Hitler staged his now famous "Beer Hall Pusche" and with a group of about 4 or 5 men, described how it was time for Germany to take her rightful place at the top of the world, and right there the Nazi Party came into being. With 5 men just talking to a bunch of drinkers in a beer hall!!!!!! If this does not give any of you some very creative ideas, God help you.

oh sh??t. Marge Meade. Please dont bring her into this discussion. bf skinner might be better than her.

Share this post


Link to post
Share on other sites

evil can´t be educated away. it can at best be halted or stopped temporarily. taking guns away will allow it free rein. evil is not in the gun. it is in the heart of man. take away the guns and evil will find another way.

 

for evil to reign all it takes is for good men to do nothing in the face of evil.

 

if you were in a school with a concealed weapon on you and a murderer came in shooting would you

 

a. run like hell

b. lay down your gun and try to talk the thug out of doing what he is doing?

c. return fire and attempt to neutralize the threat?

 

I know what i would do.

 

and dont say if we has gun regulation he wouldnt be armed. That is wishful thinking. Mexico s has very strict gun regulation but the Bad guys are better armed than the cops and the gen pop lives in terror ...they aren´t armed or very few are.

Edited by Patuca

Share this post


Link to post
Share on other sites
Two comments I found without looking very hard:

 

"Arms" in this context were military arms not the personal weapons of private individuals. The context of "depriving of the whole nation of arms" was the refusal of the British to conscript Indians into the British Army during the First World War. Gandhi was an extreme anti-militarist. The statement is odd coming out of him, but he used the circumstance for political purposes to advance the cause of Home Rule and Independence"

 

and

 

"Your quote, though interesting, is taken way out of context. This is actually an excerpt from a leaflet Gandhi was passing around to gain recruits to fight for Britain during World War I. Organizers of a war conference, which Gandhi wanted to attend, quoted the leaflet as a way of illustrating that their political views differed from Gandhi's. In order to boot the British out of India, Gandhi engaged in many savvy, polemical activities designed to move India toward Home Rule. Distribution of this leaflet was apparently one of them. He certainly did not include the leaflet quote in his autobiography to support any opinion, one way or the other, on gun control. Reading the quote in context makes this crystal, sparkling clear. The passage in which the quote occurs has absolutely nothing to do with gun control or gun legislation.

 

Furthermore, to the best of my knowledge, at no point in Gandhi's 90-volume collected writings does he ever express a belief in an individual's right to keep and bear arms. It would certainly be weird if he did. If Gandhi will be remembered for anything, it will be for his passionate dedication to two principles. The first is ahimsa, a Hindu vow to never consciously injure another living creature. The second is satyagraha, the belief that non-violent methods are the only methods that should ever be used to resist injustice and tyranny. The leaflet quote simply doesn't reflect Gandhi's actual beliefs in any way."

 

And I would hope and expect anyone else who is a buddist or for that matter a follower of any religion or spiritual calling. I know it is not the case. But in those situations the belief is .... hypocrisy.

[/b] BS. and more BS. He plainly said the whole nation. Or maybe he was a big hypocrite and a liar and if so then his religion was in vain and he certainly wouldnt be a model to look up to..

Share this post


Link to post
Share on other sites
[/b] BS. and more BS. He plainly said the whole nation. Or maybe he was a big hypocrite and a liar and .. .
...freakin gun nutjob like you huh?

 

A pacifist spirtual non-violent type believing in everyone having an AK or AR semi-assault.

 

:haha:

Share this post


Link to post
Share on other sites
"Among the many misdeeds of British rule in India, history will look upon the Act depriving a whole nation of arms as the blackest." - Mohandas Gandhi, an Autobiography, page 446.

 

please do not rehash this. it has been discussed many times. this is totally out of context, both in political background and the issue at hand. by citing this quote, you are not scoring any brownie point, you are not displaying your intelligence, you are not demonstrating any rational argument. the gun debate needs objective thinking on both sides, and you are not making contribution to the pro-lobby by posting this quote.

Share this post


Link to post
Share on other sites
please do not rehash this. it has been discussed many times. this is totally out of context, both in political background and the issue at hand. by citing this quote, you are not scoring any brownie point, you are not displaying your intelligence, you are not demonstrating any rational argument. the gun debate needs objective thinking on both sides, and you are not making contribution to the pro-lobby by posting this quote.
most everybody on this thread is showing little intelligence so i might as well join the crowd. most here know nothing of the real world and live in these theoretical ivory chair idealistic concepts.

 

ok suntrader or tams what would you do?

 

a. run like hell

b. lay down your gun and try to reason with the bastard

c. shoot the idiot

d something else

 

hint...you cannot reason with people like this so b. above probally wont work. you and ignot or whatever his name is would be dead meat before you could whistle ¨sweet dixie. dont think that gun laws would keep the bastard from getting a gun.

Share this post


Link to post
Share on other sites
...freakin gun nutjob like you huh?

 

A pacifist spirtual non-violent type believing in everyone having an AK or AR semi-assault.

 

:haha:

you borderline being an idiot. no freaking idea of the real world.

Share this post


Link to post
Share on other sites

more guns = less violence because us good bastards will hold the bad bastards at bay. and if we get shot as we are doing it we will fall forward shooting the bastards as we go down.

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

    • A custom Better Daily Range indicator for MT5 is now available on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/103800 The Better Daily Range indicator shows the previous trading day's price range on the current day's chart. Many traders mark out the previous day's high, low, and the current day's open before trading. This is not an average true range indicator (ATR). This is not an average daily range indicator (ADR). This is a daily range indicator (DR). This indicator shows horizontal maximum and minimum range lines. If your broker-dealer's MT5 platform shows Sunday bars, Sunday bars are not included as previous days. In other words, Monday uses Friday's price data (skips Sunday). This indicator also shows two 25% (of range) breakout lines: one that is 25% higher than the maximum range line, and one that is 25% lower than minimum range line. A middle range line is also shown. Immediately after the daily close of your broker-dealer, all five range lines update to the new daily values.   Many traders only trade during times of high volume/liquidity. The Better Daily Range indicator also shows five adjustable time separator lines: A local market open time line (a vertical line), A local market middle time A line (a vertical line), A local market middle time B (a vertical line), A local market middle time C (a vertical line), A local market close time (a vertical line), and A local market open price (a horizontal line). The location of the local market open price depends on your input local market open time. In other words, you input your desired market open time according to your local machine/device time and the indicator automatically shows all five session lines. When your incoming price bars reach your input local market open time line, the indicator automatically shows the price to appear at your input local market open time. If your broker-dealer's MT5 platform shows Sunday bars, the time separator lines do not show on a Sunday. Immediately after midnight local machine/device time, the five session time lines (vertical lines) are projected forward into the current day (into the future hours) and the local open price line is erased. The local open price line reappears when the price bars on the chart reach your input local open time (your local machine/device time).   The indicator has the following inputs (settings):   Chart symbol of source chart [defaults to: EURUSD] - Allows you to show data from another chart symbol other than the current chart symbol. Handy for showing standard timeframe data on an MT5 Custom Chart. Local trading session start hour [defaults to: 09] - Set your desired start hour for trading according to the time displayed on your local machine/device operating system (all times below are your local machine/device operating system times). The default setting, 09, means 9:00am. Local trading session start minute [defaults to: 30] - Set your desired start minute. The default setting, 30, means 30 minutes. Both the default hour and the default minute together mean 9:30am. Local trading session hour A [defaults to: 11] - Set your desired middle hour A for stopping trading when volume tends to decrease during the first half of lunch time. The default setting, 11, means 11:00am. Local trading session minute A [defaults to: 00] - Set your desired middle minute A. Both the default hour and the default minute together mean 11:00am. Local trading session hour B [defaults to: 12] - Set your desired middle hour B for the second half of lunch time. The default setting, 12, means 12:00pm (noon). Local trading session minute B [defaults to: 30] - Set your desired middle minute B. Both the default hour and the default minute together mean 12:30pm. Local trading session hour C [defaults to: 14] - Set your desired middle hour C for resuming trading when volume tends to increase. The default, 14, means 2:00pm. Local trading session minute C [defaults to: 00] - Set your desired middle minute C. Both the default hour and the default minute together mean 2:00pm. Local trading session end hour [defaults to: 16] - Set your desired end hour for stopping trading. The default setting, 16, means 4:00pm. Local trading session end minute [defaults to: 00] - Set your desired end minute for stopping trading. Both the default hour and the default minute together mean 4:00pm. High plus 25% line color [defaults to: Red]. High plus 25% line style [defaults to: Soid]. High plus 25% line width [defaults to 4]. High line color [defaults to: IndianRed]. High line style [defaults to: Solid]. High line width [defaults to: 4]. Middle line color [defaults to: Magenta]. Middle line style [defaults to: Dashed]. Middle line width [defaults to: 1]. Low line color [defaults to: MediumSeaGreen]. Low line style [defaults to: Solid]. Low lien width [defaults to: 4]. Low minus 25% line color [defaults to: Lime]. Low minus 25% line style [defaults to: Solid]. Low minus 25% line width [defaults to: 4]. Local market open line color [defaults to: DodgerBlue]. Local market open line style [defaults to: Dashed]. Local market open line width [defaults to: 1]. Local market middle lines color [defaults to: DarkOrchid]. Local market middles lines style [defaults to: Dashed]. Local market middles lines width [defaults to: 1]. Local market close line color [default: Red]. Local market close line style [Dashed]. Local market close line width [1]. Local market open price color [White]. Local market open price style [Dot dashed with double dots]. Local market open price width [1].
    • A custom Logarithmic Moving Average indicator for MT5 is now available for MT5 on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/99439 The Logarithmic Moving Average indicator is a moving average that inverts the formula of an exponential moving average. Many traders are known to use logarithmic charts to analyze the lengths of price swings. The indicator in this post can be used to analyze the logarithmic value of price on a standard time scaled chart. The trader can set the following input parameters: MAPeriod [defaults to: 9] - Set to a higher number for more smoothing of price, or a lower number for faster reversal of the logarithmic moving average line study. MAShift [defaults to: 3] - Set to a higher number to reduce the amount of price crossovers, or a lower for more frequent price crossovers. Indicator line (indicator buffer) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors: No empty values; and No repainting.
    • A custom Semi-Log Scale Oscillator indicator is now available for MT5 on Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/114705 This indicator is an anchored semi-logarithmic scale oscillator. A logarithmic scale is widely used by professional data scientists to more accurately map information collected throughout a timeframe, in the same way that MT5 maps out price data. In fact, the underlying logic of this indicator was freely obtained from an overseas biotech scientist. A log-log chart displays logarithmic values on both the x (horizontal) and y (vertical) axes, which generally produces a straight line that points up, down, or remains flat. A straight line is not very useful for trading markets because such a straight line is so smoothed that actual price values that appear over time are very far away from the line study. In contrast, a semi-log chart is only logged on one axis--generally, the y axis. Such a semi-log chart is well suited for trading markets because the time (x) axis is preserved in its original form while at the same time, providing a graduated y scale where the distance between price increments progressively increases as price rises higher (and decreases as price falls lower). This allows us to establish a zero level for a low price, clearly view trends on straighter angles, and clearly observe amplified price spikes at high prices. Accordingly, this indicator employs a semi-log scale on the y axis only. This indicator is anchored because it allows you to specify a start time for calculation of price bars. The settings are as follows: Year.Month.Day Hour:Minute - defaults to 1970.01.01 00:01 - if left on default setting, the indicator automatically detects the earliest price bar in chart history--even where the year 1970 is not in history. Notes appear in the indicator settings window. Size of first pip step to log - defaults to 135 - this default is suitable for higher timeframes such a MN1 (monthly), while 5 is suitable for lower timeframes such as M1 (minute). Ultimately, optimal settings will depend on the timeframe that you attach the indicator to, the level of price volatility within that timeframe, and start time that you choose. Remember... The semi-log formula calculates from low to high, so your start time must always be a major swing low. Again, notes appear in the indicator settings window. The standard (built-in) MT5 indicators that can be applied to the "Previous indicator's data" can be applied to this indicator. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors. The log scale Open, High, Low, and Close prices are buffers: No empty values; and No repainting.
    • A custom Gann Candles indicator is now available for MT5 on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/126398 This Gann Candles indicator incorporates a series of W.D. Gann's strategies into a single trading indicator. Gann was a legendary trader who lived from 1878 to 1955. He started out as a cotton farmer and started trading at age 24 in 1902. His strategies included geometry, astronomy, astrology, times cycles, and ancient math. Although Gann wrote several books, none of them contain all of his strategies so it takes years of studying to learn them. He was also a devout scholar of the Bible and the ancient Greek and Egyptian cultures, and he was a 33rd degree Freemason of the Scottish Rite. In an effort to simplify what I believe are the best of Gann's strategies, I reduced them into one indicator that simply colors your preexisting price bars when those strategies are in-sync versus out-of-sync. This greatly reduces potential chart clutter. Also, I reduced the number of input settings down to only two: FastFilter, and SlowFilter Both FastFilter and SlowFilter must be set to 5 or more, as noted in the Inputs tab upon attaching the indicator to your chart. Gann Candles works on regular time-based charts (M5, M15, M20, etc.) and custom charts (Renko, range bars, etc.). The indicator does not repaint. When using the default settings, blue candles form bullish price patterns, gray candles form flat (sideways) price patterns, and white candles form bearish price patterns. The simplest way to trade Gann Candles is to buy at the close of a blue candle and exit at the close of a gray candle, and then sell at the close of a white candle and exit at the close of a gray candle.
    • A custom Anchored VWAP with Standard Deviation Bands indicator for MT5 is now available on the Metaquotes website and directly through the MT5 platform. https://www.mql5.com/en/market/product/99389 The volume weighted average price indicator is a line study indicator that shows in the main chart window of MT5. The indicator monitors the typical price and then trading volume used to automatically push the indicator line toward heavily traded prices. These prices are where the most contracts (or lots) have been traded. Then those weighted prices are averaged over a look back period, and the indicator shows the line study at those pushed prices. The indicator in this post allows the trader to set the daily start time of that look back period. This indicator automatically shows 5 daily look back periods: the currently forming period, and the 4 previous days based on that same start time. For this reason, this indicator is intended for intraday trading only. The indicator automatically shows vertical daily start time separator lines for those days as well. Both typical prices and volumes are accumulated throughout the day, and processed throughout the day. Important update: v102 of this indicator allows you to anchor the start of the VWAP and bands to the most recent major high or low, even when that high or low appears in your chart several days ago. This is how institutional traders and liquidity providers often trade markets with the VWAP. This indicator also shows 6 standard deviation bands, similarly to the way that a Bollinger Bands indicator shows such bands. The trader is able to set 3 individual standard deviation multiplier values above the volume weighted average price line study, and 3 individual standard deviation multiplier values below the volume weighted average price line study. Higher multiplier values will generate rapidly expanding standard deviation bands because again, the indicator is cumulative. The following indicator parameters can be changed by the trader in the indicator Inputs tab: Volume Type [defaults to: Real volume] - Set to Tick volume for over-the-counter markets such as most forex markets. Real volume is an additional setting for centralized markets such as the United States Chicago Mercantile Exchange. VWAP Start Hour [defaults to: 07] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, in the New York, United States time zone, 07 is approximately the London, United Kingdom business open hour. VWAP Start Minute [defaults to: 00] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, 00 is on the hour with no delay of minutes within that hour. StdDev Multiplier 1 [defaults to: 1.618] - Set desired standard deviation distance between the volume weighted average price line study and its nearest upper and lower bands. For example, 1.618 is a basic Fibonacci ratio. Some traders prefer 1.000 or 1.250 here. StdDev Multiplier 2 [defaults to: 3.236] - Set desired standard deviation distance between the volume weighted average price line study and its middle upper and lower bands. For example, 3.236 is 1.618 (above) + 1.618. Some traders prefer 2.000 or 1.500 here. StdDev Multiplier 3 [defaults to: 4.854] - Set desired standard deviation distance between the volume weighted average price line study and its furthest upper and lower bands. For example, 4.854 is 1.618 (above) + 3.236 (above). Some traders prefer 3.000 or 2.000 here. VWAP Color [defaults to: Aqua] - Set desired VWAP line study color. This color automatically sets the color of the start time separators as well. SD1 Color [defaults to: White] - Set desired color of nearest upper and lower standard deviation lines. SD2 Color [defaults to: White] - Set desired color of middle upper and lower standard deviation lines. SD3 Color [defaults to: White] - Set desired color of furthest upper and lower standard deviation lines. Just to clarify, popular standard deviation bands settings are: 1.618, 3.236, and 4.854; or 1.000, 2.000, and 3.000; or 1.250, 1.500, and 2.000. Examples of usage *: In a ranging (sideways) market, enter a trade at the extremes of the standard deviation bands (SD3) and exit when price returns to the VWAP line study. Trade between SD1Pos and SD1 Neg, alternately buying and selling from one standard deviation line to the other. In a trending (rising or falling) market, enter a buy when a price bar opens above the VWAP line study, and exit at the nearest standard deviation band above (SD1Pos). Optionally, repeat the same trade but substitute SD1Pos for the VWAP, and SD2Pos for SD1. Reverse for sell; or Trade all lines (VWAP, SD1Pos, SD2Pos, and SD3Pos) in the same way. Again, reverse for sell. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors: No empty values; and No repainting.
×
×
  • Create New...

Important Information

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