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10.3 SCALPER/RANGE TRADE SYSTEM
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Author:  disbellj [ Fri Nov 16, 2012 12:14 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

The alerts I'm gettings are wrong, but from what I can tell, the signals on chart are correct. . I will be checking and double-checking before posting the update. The two trades that are being shown as triggered are both GOOD R:R, although one is ready to trade and one was just on a downtrend rally and looks to be good to go too now.

Kindest regards,

Don
Author:  disbellj [ Fri Nov 16, 2012 12:33 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

1. The pic just shown has a TRADE column. If it's a trending trade, it will be brighter colors than ranging trades, and R2/S2 will be chosen instead of R1/S1 for profit target.
2. We have a confirmation with 5 LWMA shift 1 Open whether to enter now or wait for retrace to finish.
3. Profit target and Reward/Risk is based on spread being taken into account on the stoploss and takeprofit, so is accurate if entering at the DO as alerted (well, alerts aren't working yet).
4. I've also noticed the info new day pivot info is not updated until the end of the the day start hour although should be updated at beginning of day start hour.
5. I ALWAYS go to user inputs and reset my indicators after a restart of Empty4. I NEVER use the default information after an Empty4 restart to base trading decisions on, because it is wrong. This is due to an Empty4 bug, beyond my control, where iBars returns 0 first tick on Empty4 open.
6. Columns can be turned off and other columns automatically shift over.
7. Custom pairs can be input to use instead of All Pairs.
8. Spread limitation is set to 10 pips by default, but is also user customizable.
9. So are all the colors.
10. The Eastern time offset is automatically retrieved during init() and also once during Start() and at that time locked in so no need to go to web again to grab data and calculate offset again.
11. 17:00 Eastern time is the internationally recognized Forex day open time. Day open prices, pivots and S/R (and Fibs, etc.) should be based on this time, and my indicators are intended to base Day open time and price on 17:00 Eastern time (shouldn't matter if DST or not). If your broker does not have that bar, the closest bar after the correct time will be used. H1 and below timeframes are supported only. If you place these indicators on any timeframe above H1. then they will be wrong most likely, and all I can say is I told you beforehand.

Kindest regards,

Don
Author:  disbellj [ Fri Nov 16, 2012 3:45 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Here are pics of before and after on 3 criminals. Note that the opens, pivots, and S/R more closely line up on the new pics. The old pics don't correct for day open, except for just adding sunday to monday. The new pics instead use the correct bar for New York 17:00 as day beginning bar, except uses bars on current timeframe (it must do this to divide up criminal's day's time and shift hours to align criminal's day's open time).

Also in zip are new templates and indicators for Bob's 10.3 latest. Use only on H1 or below charts.

Unless you know how to fix the alerts, please don't tell me they are wrong. I know this already and will work on it after I get some needed relaxation. Been working almost non-stop on this. Give the thanks and glory to God in Jesus Name.

Your local starving artist.

Kindest regards,

Don
Author:  Faramirsen [ Fri Nov 16, 2012 3:47 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Nice retracements already - I gonna start putting my EA's to enter the trades soon. Be aware - overall many pairs are now 'mixed' (10.2a).
Author:  nanningbob [ Fri Nov 16, 2012 4:34 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

disbellj wrote:Here are pics of before and after on 3 criminals. Note that the opens, pivots, and S/R more closely line up on the new pics. The old pics don't correct for day open, except for just adding sunday to monday. The new pics instead use the correct bar for New York 17:00 as day beginning bar, except uses bars on current timeframe (it must do this to divide up criminal's day's time and shift hours to align criminal's day's open time).

Also in zip are new templates and indicators for Bob's 10.3 latest. Use only on H1 or below charts.

Unless you know how to fix the alerts, please don't tell me they are wrong. I know this already and will work on it after I get some needed relaxation. Been working almost non-stop on this. Give the thanks and glory to God in Jesus Name.

Your local starving artist.

Kindest regards,

Don
Don thank you very much for all your work. I am sick as a dog so I wont be posting or talking much today, going to bed now but I want you to know I very much appreciate your work. The 5.1 EA will not need to be changed for the new pivot points or open because the basis of entrance is a break in the trend line drawn by the MA which is not based on the open or pivots. The DO EA will have to have the inputs changed but that can be done. Great work.
Author:  disbellj [ Fri Nov 16, 2012 6:10 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Bob,

You're welcome.

I hope you get to feeling better soon. Get some rest. We'll come back to this when you feel better.

Thank you or giving also. It takes multiple people but together I think we can all do better - together :)

Kindest regards,

Don

nanningbob wrote:
disbellj wrote:Here are pics of before and after on 3 criminals. Note that the opens, pivots, and S/R more closely line up on the new pics. The old pics don't correct for day open, except for just adding sunday to monday. The new pics instead use the correct bar for New York 17:00 as day beginning bar, except uses bars on current timeframe (it must do this to divide up criminal's day's time and shift hours to align criminal's day's open time).

Also in zip are new templates and indicators for Bob's 10.3 latest. Use only on H1 or below charts.

Unless you know how to fix the alerts, please don't tell me they are wrong. I know this already and will work on it after I get some needed relaxation. Been working almost non-stop on this. Give the thanks and glory to God in Jesus Name.

Your local starving artist.

Kindest regards,

Don
Don thank you very much for all your work. I am sick as a dog so I wont be posting or talking much today, going to bed now but I want you to know I very much appreciate your work. The 5.1 EA will not need to be changed for the new pivot points or open because the basis of entrance is a break in the trend line drawn by the MA which is not based on the open or pivots. The DO EA will have to have the inputs changed but that can be done. Great work.
Author:  thelearner [ Fri Nov 16, 2012 9:30 am ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

@don It is a great thing you do there. Is it any burden if I request only to have the first 8 columns information as the light version (so I can actually use it at my Empty4 without freezing). I really want to use it but no chance due to "not responding" problem at my Empty4 :P :P
So I just want the most basic information that will allow me to trade 10.3 with ease.
@NB get well soon :)

Best regards and respect for both of you!
Author:  effluvium [ Fri Nov 16, 2012 12:26 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Hi Disbellj,
You have included in your last indicator Don 10.3 111512.zip, DWMPivots compiled. I don't know if it is your personal version you have modified or the original one posted by Baluda. If it is your version could you attach the mql4 version, otherwise just tell me which version it is

Thanks in advance.
Author:  disbellj [ Fri Nov 16, 2012 1:44 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

DWMPivots is not my indicator. It's to put the monthly and weekly pivots on chart. It's from Bob's template.

BTW, I accidentally switched the DO and DP line colors on my indicator, but they are labeled correctly :)

Don
effluvium wrote:Hi Disbellj,
You have included in your last indicator Don 10.3 111512.zip, DWMPivots compiled. I don't know if it is your personal version you have modified or the original one posted by Baluda. If it is your version could you attach the mql4 version, otherwise just tell me which version it is

Thanks in advance.
Author:  xrismak [ Fri Nov 16, 2012 2:11 pm ]
Post subject:  Re: 10.3 SCALPER/RANGE TRADE SYSTEM

disbellj wrote:1. The pic just shown has a TRADE column. If it's a trending trade, it will be brighter colors than ranging trades, and R2/S2 will be chosen instead of R1/S1 for profit target.
2. We have a confirmation with 5 LWMA shift 1 Open whether to enter now or wait for retrace to finish.
3. Profit target and Reward/Risk is based on spread being taken into account on the stoploss and takeprofit, so is accurate if entering at the DO as alerted (well, alerts aren't working yet).
4. I've also noticed the info new day pivot info is not updated until the end of the the day start hour although should be updated at beginning of day start hour.
5. I ALWAYS go to user inputs and reset my indicators after a restart of Empty4. I NEVER use the default information after an Empty4 restart to base trading decisions on, because it is wrong. This is due to an Empty4 bug, beyond my control, where iBars returns 0 first tick on Empty4 open.
6. Columns can be turned off and other columns automatically shift over.
7. Custom pairs can be input to use instead of All Pairs.
8. Spread limitation is set to 10 pips by default, but is also user customizable.
9. So are all the colors.
10. The Eastern time offset is automatically retrieved during init() and also once during Start() and at that time locked in so no need to go to web again to grab data and calculate offset again.
11. 17:00 Eastern time is the internationally recognized Forex day open time. Day open prices, pivots and S/R (and Fibs, etc.) should be based on this time, and my indicators are intended to base Day open time and price on 17:00 Eastern time (shouldn't matter if DST or not). If your criminal does not have that bar, the closest bar after the correct time will be used. H1 and below timeframes are supported only. If you place these indicators on any timeframe above H1. then they will be wrong most likely, and all I can say is I told you beforehand.

Kindest regards,

Don
Hello Don,

Thank you very much for the All Pairs Indi, now you are Speaking my Language as it now opens up on my Criminal's Empty4 Platform, the earlier Version did not Open, but tell me something where does the .DS file go to as in which Empty4 Folder do I drop it into, is it Experts/Indicators please let me know.
Keep up the good work.

Cheers,

xrismak. ;)
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