Gann Ribbon 10.7 System

[slowkey]

Hi Doug,

Many thanks for sharing your system which I am studying with great interest.

Using the latest split templates which you uploaded over the week end, I am getting a chart without any ribbons in H4 time frame.
Is that correct ?

Thanks.
peter

Hi Peter,

Sorry just saw your post. Below is what it should look like the 4 hour. This is the 30_1440 candle template.
Make sure the T3MA_ribbon_multi and the T3MA is in your indicator folder. Under File-datafolder-mql-indicators. All my templates will have ribbons with the new Indicator being used for periods of 5m-1440m.

eurusdmh4.png

Cheers,
Doug

[slowkey]

Greetings,

Just to give you an example of the size of these averages on the ribbons. Take the longest on 15 min. The weekly ribbon requires an insane amount of bars.
10080/15 = 672 and this becomes your factor !! 672 * 36 = 24192 = white edge. 672 * 54 = 36288 is your crimson edge. It may come down to turning off the weekly on the 15 minute if you can not get at least 36288 15 min bars. The 5 min calculates out to the Daily. 1440/5 = 288 * 36 = 10368 for the white edge and 288 * 54 = 15552 for the Crimson edge. So you need at least 15552 5 minute bars. So it is with displaying the larger time period ribbons on the lower 5 and 15 minute time periods that could be causing the most trouble.The Daily could be turned off for the 5 minute. So you need at least 36288 15 minute bars to do the weekly without getting unexpected results. So these numbers are enormous but get much smaller as you go up to higher time periods.I will talk to Phil we may be able to turn off the visualization of these periods if you just cannot get enough 5 minute and 15 minute bars.

Big Time Edit. Look a few post down for a full discussion of the new indicator. Just looking back on my email I realized I missed a few things on how padnoter built in the new feature of alerts for low number of bars. The above problem would be solved by the indicator not loading the large bars above that do no have enough bars. So that is already fixed. Now see below for picture of how turning off the popup looks and where you can still see the warning even though you do not get a pop up alert. So you want to just turn off the popup alert we will not go back to the old indicator because that is how it is going to be in the new new indicator .

ribbon_history_alert.png

Cheers,
Doug

[fx800]

Hi Doug,

Many thanks for sharing your system which I am studying with great interest.

Using the latest split templates which you uploaded over the week end, I am getting a chart without any ribbons in H4 time frame.
Is that correct ?

Thanks.
peter

Hi Peter,

Sorry just saw your post. Below is what it should look like the 4 hour. This is the 30_1440 candle template.
Make sure the T3MA_ribbon_multi and the T3MA is in your indicator folder. Under File-datafolder-mql-indicators. All my templates will have ribbons with the new Indicator being used for periods of 5m-10080m.



Cheers,
Doug

Hi Doug,

Thanks. Problem solved. The HA template has ribbons, so just removed the HA indi and changed line chart to candles chart.

Cheers,
peter

[slowkey]

This will be a discussion of the new indicator. It has a lot of features I think you will like.
two screenshots attached to explain, but a summary by Phil/padnoter ;

1) add hover labels to ribbons
2) add chart labels to ribbons (turn on/off with param "showRibbonLabels")
3) added an alternative colouring scheme (turn on/off with param "ribbonColoursConstant")

- the reason I added 3, was that I was getting confused flipping timeframes and thinking in levels up/down, when I naturally think in m5, m15, m30... So with constant ribbon colours, the darygrey is always m5 ribbon, m15 is blue, m30 is green... for me it just flows better....Phil/padnoter

So number 3 gives us choice of the colors the old way. Param "ribbonColoursConstant" set false Color order starting from gray on each time period as it has been or Param "ribbonColoursConstant" to set true and the colors becoming blue for 15 instead of gray.

First the alert for bars will be the same but popup will be turned off. See the chart below. See my post from a few post back on a discussion of this. You will be able to watch the ribbons load in the experts tab and it will report to you if there was any problems. If not enough bars for the 5 minute 1440 it will not be loaded. Same for the Weekly on the 15 minute. Full discussion in previous post.

ribbon_history_alert.png

Second we will have a hover labels on ribbons just hover over the ribbon and it tells you the ribbon level. Also in the picture you can see the effect of Param "ribbonColoursConstant" set true. Five minute becomes gray and fifteen minute blue and so on. Also illustrated is the new text labels for each ribbon to the right. Turning it on gives you these label to the right and the font can be adjusted for type and size.

labelled_and_constant_colours.png

The following post is a further look at the labels. When a label is close it will have a bit of its color under the label. See chart below.

labelled_ribbons.png

I will be turning on the Param "ribbonColoursConstant (set to true) because I think it is improvement and I would have started out that way if it was possible. I will make a separate template for myself with labels turned on for posting so people always see the time periods clearly. I recommend you do this to. Just one template. When your done just re-apply the template you have been using. I am not going to post new templates.

Put the new indicator in the custom indicator folder but first remove the old ones. It is cleaner this way. Than put the new one in. If you want to change the setting from my defaults go to Navigator-custom indicators and find the new indicator and right click modify. Meta editor will open up. I have wrote in notes on the code starting at number 47. Just change true to false and recompile. This is the best way because you do not have to mess with templates or profiles. Make sure you restart after compiling and making changes. Also there is an undo under edit so if you for get what you did or there is a problem just undo until you get no more undo's and recompile. Start over. So I will post the new indicator with the defaults shown on the code below. What I will be doing is when I post one of my charts on line will apply the template with the labels turned on so no one starting from the beginning of the thread will get confused. That is the nice thing about having labels. This also means you can change the colors to any thing you like but just make sure you have your own template with the labels turned on so we do not get confused or better yet you might want to keep the old color scheme for the posting template. I will be doing that with my posting template. The hovers are always on and very cool.

Code: Select all

47extern bool      HistoryAlert=False;
48extern bool      HistoryComment=True;
49extern string    t1="if ribbonColoursConstant=True then level0color is 5m, level1color is 15m, level2color is 60m etc";
50extern bool      ribbonColoursConstant=true; // Just type false to go back to changing colors. 
51extern string    t2="if showRibbonLabels=True then labels will be added on right-h-s to each ribbon";
52extern bool      showRibbonLabels=false; // Type true to turn on all the time. 
53extern string    labelFont = "Arial";
54extern int       labelFontSize=10; // Type the size you like and compile above. If you change it back again recompile. 
55extern color     FontColour=White;

Edit... This will not work if you make a template and apply it to all your profiles once you have the indicator. Just the first time. The template will over rule it. But no one has made new templates and profiles with the new indicator yet so this will save you and me time. I will make new templates though at a future time. I just want to make sure there are no other immediate changes to make.

Cheers,
Doug[[/size][/b]

[slowkey]

One last thought on ribbons averages.

Just to illustrate further why you might not have a time period with the new indicator look below. If I go through all the time period on AUDCAD I can watch to see which ribbons are loaded and those that fail. You can do this for every pair. Usually it will be the largest time period on a 15 min or 5 min. So you do not have to ask me what time period is this any more. Use the hover labels and you can trouble shoot your ribbons under experts and try to fix the pairs that are problematic. Than just accept like me that my broker may not give me enough bars for now but the longer I trade with him the more bars I might accumulate. Every time you change time periods all the indicators re-initiate themselves. See below.
Edit, I just checked my 15 min periods and all of them do not have enough bars for the 15 minute weekly. So this is Cowboy IBFX. So you can expect this with a lot of brokers. This is the largest average in the system.

Screenshot 2014-05-07 06.34.03.png

Cheers,
Doug[/b]

[Primodious]

New Indicator is fantastic; thanks Phil and Doug!

I am still having the issue of not enough data to get all the ribbons on the lower time frames, the force load historical data now shows all completed but I still do not have enough data to show the large timeframe Ribbons on the smaller time periods. I have however found a solution for this.
You can force Empty4 to download a complete bar history from metacorps.

Before explaining how to do this I will state this one caveat that I have found: This is a lot of chart data and I have found that once you have all this data on board it takes the chart a fraction longer to switch timeframes, I’m talking maybe 2 seconds to go from 1h to 15M. I have double checked and it is only apparent on the charts I did a full history download for. It’s not a big deal but some may find this annoying and it may be worse depending on PC specs. The good news is you can just delete the downloaded history again if you don’t like it!

The other slight issue is that this old past data may differ slightly from your actual brokers data who is hosting your Empty4 account. I guess this could affect you if you are lodging any kind of claim or dispute with your broker. I am going to email my broker about this and see if they actually have any larger server data files I could download to side step this issue.
Steps are:
1. Hit F2 while looking at your chart this should open your history centre.
2. Find the pair you need the data for from the list on your left.
3. Left click the pair once, then click the ‘Download’ button at the bottom
4. Wait patiently for the data to download.
5. That’s it!

Final pic at the bottom is what my 15m EURJPY Chart now looks like after history Download.

Thanks for all the fantastic contributions in this thread, I hope this helps those who are also experiencing the issues with lack of data and not showing all ribbons.

History 1.jpg

History 2.jpg

History 3.jpg

[Primodious]

Just noticed the 'Hey Stupid' alert is back now, anyone else have this? Guess it's simple enough to comment out though!

[slowkey]

Just noticed the 'Hey Stupid' alert is back now, anyone else have this? Guess it's simple enough to comment out though!

You are probably going to find that the only time period that is missing is the weekly on the 15 minutes and maybe the Daily on the 5 minutes unless you have a very new broker who just started using Empty4. These are not needed for trading these lower time periods. Most of the time you can not even find the weekly on the 15 minute because it is so far away or you are trading inside of it. In this case it just like trading a Black area.
'Hey Stupid' is fixed in the new Bundle. But yes you can do what you did to get more data. Thanks for following,

Cheers,
Doug

[slowkey]

Greeings,

Post 1 has the new bundle and templates. I did a folder arrangement with the templates this time. Just put the folders in the template directory. You will not see them in the template menu so it is very clean. You can than use the load-template menu if you want to see the folders. Here you can go into the folder and load a template from it. You also can use it as a mini file explorer to move them in and out of the folders and when you are done if you do not want to load a template just cancel out of the menu. It is a nice idea to put all your old templates in folders you create. Than you can just keep the ones you are using out side a folder. These will be the only ones that show up in the template menu. That way you do not have to sort through a ton of templates but they are still available. Remember If you want to get at the folders just use the load menu choice. Just an idea for house keeping.

You can continue to use your old templates if you have them just the way you like them. Just down load the new indicator and see post for explanation.

Cheers,
Doug

[slowkey]

Hi folks,
There are many sources for Empty4 data some free and some to purchase just google. I was surprised at the lack of data I had on my installation. I made a template and tested all the pairs. So I am now in the process of importing. So it is an issue but for me no more. I have about 4 years of data. More than enough. It was mostly weekly data but some time some lower important time periods reporting not enough.

Cheers,
Doug