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10.3 SCALPER/RANGE TRADE SYSTEM
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Author:  McNish [ Sun Feb 03, 2013 7:55 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:
I am working on a my final edition, hope to be done in a couple of weeks....,

..., give the final touches to my long term goals.
@ TGB : A journey reaching it's final destination, thought the journey itself is the reward. Congratulations Sir.

Regards,
Author:  McNish [ Sun Feb 03, 2013 8:34 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote: ,... one major surprise change though because I changed the TMA slope to something else that gives much more definitive info ...,
@ TGB : Just curious as to the surprise, can U give a hint please. I too do a similar thing with the Macd momentum (main line and signal line crosses), sometimes substituting it with the TMA. I'm sure u have something better.
Author:  muckyboy [ Sun Feb 03, 2013 4:36 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:I tried to set this up showing the 2ma open on the monthly but couldnt get it to work right. Can anyone update this histogram to show the distance of price from the 2MA open on the monthly and you can see it on any chart.
I think I can see what you are trying to do, so maybe this will go some way to help. I've hacked a multi timeframe moving average to determine the start of the month - Moving Averages_onTF - place that on your chart to see where price opens each month (or week etc.). NB it assumes a minimum period of 2 for SMA, so to get the exact open use EMA with a period of 1. You can play with other ma methods and timeframes.

The other indicator attached - PeriodOpenHistogram - incorporates the above in your indicator to determine the price distance of any other timeframe price from the longer term open. NB this is only a hack and could be tidied up properly.

PS I would like to include my thanks for your enormous contribution.
Author:  nanningbob [ Sun Feb 03, 2013 11:27 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
McNish wrote:
nanningbob wrote: ,... one major surprise change though because I changed the TMA slope to something else that gives much more definitive info ...,
@ TGB : Just curious as to the surprise, can U give a hint please. I too do a similar thing with the Macd momentum (main line and signal line crosses), sometimes substituting it with the TMA. I'm sure u have something better.
Give me a day or two before I answer the question. It works with high volatility pairs need to check medium and low then will peek it out piece by piece as I test each section.
Author:  xrismak [ Mon Feb 04, 2013 3:35 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
nanningbob wrote:
McNish wrote:
nanningbob wrote: ,... one major surprise change though because I changed the TMA slope to something else that gives much more definitive info ...,
@ TGB : Just curious as to the surprise, can U give a hint please. I too do a similar thing with the Macd momentum (main line and signal line crosses), sometimes substituting it with the TMA. I'm sure u have something better.
Give me a day or two before I answer the question. It works with high volatility pairs need to check medium and low then will peek it out piece by piece as I test each section.

Bob,
We will wait ..... 2 days of waiting ain't gonna Kill us ;)
Author:  johnf [ Mon Feb 04, 2013 5:41 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
This is my first post but just wanted to extend my sincere gratitude to Bob for such generosity and imparting such knowledge and expertise. This Forex trading is something that I tread with caution because between brokers and emotions, it can eat your account. Noting new I know but I am by comparison a novice and often I feel humbled by the pool of knowledge here.
At the very least I will donate part proceeds to help some child or children somewhere in the world as Bob encourages in his opening introduction.
Thank you Bob and if I may be so forward, may I please ask that you consider us dummies in your explanation because much of the terminology is a little difficult for me to understand, aside from the obvious
Author:  nanningbob [ Mon Feb 04, 2013 8:32 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
johnf wrote:This is my first post but just wanted to extend my sincere gratitude to Bob for such generosity and imparting such knowledge and expertise. This Forex trading is something that I tread with caution because between brokers and emotions, it can eat your account. Noting new I know but I am by comparison a novice and often I feel humbled by the pool of knowledge here.
At the very least I will donate part proceeds to help some child or children somewhere in the world as Bob encourages in his opening introduction.
Thank you Bob and if I may be so forward, may I please ask that you consider us dummies in your explanation because much of the terminology is a little difficult for me to understand, aside from the obvious
I understand your comment. Each version assumes previous knowledge of other systems but when I post this final version I will try to write it from a viewpoint that no one has read the previous tests and versions. All previous versions were learning points to a final complete system. Again the final and complete system can be adjusted to different traders things he knows and likes to use. That is why I think it will take me 2 or more weeks to finish. I live and work in China and after Friday I have 3 weeks off for Spring Festival. I　working hard now to clear out all my school responsibilities so I can focus completely on setting up my trading for the year and spending time with my family. Then when spring festival is over I am well planned ahead in my work and set up with my trading. So I will sit down and do what I love most to do, teach. It is my passion and my life. Whether in a classroom of first and second graders, or PHD and Master degree classes or anything in between. I love to stand in front of a group of people and give practical useful knowledge I have learned in the school of hard knocks. Forex gives me a place to relax and do what I love to do. I just got done with my classroom and have it ready for tomorrow. Time to go home, make some homemade Mac and Cheese with tuna and sit down and watch a good movie before seeing if some trade setups are at the USA open. The 10.3 system will be explained in one booklet and the 4H system will be explained in another.
Author:  Baluda [ Mon Feb 04, 2013 8:57 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob,

Looking forward to the final version, dare I say the One version.

If I can do anything, please let me know.

Paul
Author:  nanningbob [ Mon Feb 04, 2013 10:51 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Baluda wrote:Bob,

Looking forward to the final version, dare I say the One version.

If I can do anything, please let me know.

Paul
Yes there is one thing, the magnified price. Can you put just below that number the number of pips to the 240 MA like you did in you MWDP indi? That is for the 4H chart. It would display that number on all TF. Indi attached. This number is going to be used to determine original entry lot size. Sorry but only have exe. code I dont have original code.
Author:  nanningbob [ Tue Feb 05, 2013 2:09 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM
I believe this indi matches your indi for setting of weekly pivots. I just need it doubled check to make sure. So everyone will have the same weekly pivots. The Sunday bar had been added to the Monday bar to make it universal. This is the one I use for backtesting.
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