PwR EVA

[0002097]

Good morning, last Friday I had 1 win and 7 losses. It was a bad day, but my R:R will help me recover.

[gaheitman]

Good morning, last Friday I had 1 win and 7 losses. It was a bad day, but my R:R will help me recover.

Attached is an indicator to show us the trades. Well, that's what I think it does, I'll rely on the OP to correct me.

It displays a copy of the PwR indicator, and draws little blue and red "v"s wherever it detects a hook (if it isn't in a trade already). It then draws the modified FIBO objects as appropriate.

Friday looks like this:

pic_03 2012-01-23 18.00.gif

Let me know what you think.

[gaheitman]

It displays a copy of the PwR indicator, and draws little blue and red "v"s wherever it detects a hook (if it isn't in a trade already). It then draws the modified FIBO objects as appropriate.

I forgot to mention the number of bars used in determining the hook are user configurable along with start/stop hours and min/max candle size:

Code: Select all

extern int Start_Hour=8;
extern int End_Hour=15;
extern int RecentEndPoint=1; //look at previous bar to see if it is up/dn
extern int Vertex=2;   
extern int DistantEndPoint=3;  
extern int MaxCandleHeight = 10; 
extern int MinCandleHeight = 1; 

George

[0002097]

Hi Gaheitman! Sorry for the late response, I will try your indicator as soon as I can, I'm currently on exams so there's no trading for me these days. I will also update the forward test results as soon as my life comes back to normal.


Regards, 0002097