Indicators By Insanity Industries

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bredin
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Postby bredin » Fri Mar 19, 2010 11:22 pm

I just checked, and it is the most recent version of II_CrashZone. the toggle is called weekly.extreme.on
This toggle is not in II_SupDem
MOs crash zone targets are in terms of the extremes of the current weekly candle, and calculated from the mean candle of the previous 3. The distance from extreme to target does not change, but the target will move as the extreme moves.

You can think of it in terms of having a long term target for a RAT entry off the weekly extremes.

G.
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Postby MightyOne » Sat Mar 20, 2010 4:03 am

prochargedmopar wrote:
prochargedmopar wrote:hey Bredin,

Did you update to the newest version.
I'm not seeing the toggle.

Also, W1, why does it move with the current week candle formation?
Isn't the crash zones suppose to be calculated off previous 3 weeks smallest candle?
thx.


I need to re-read the thread as i don't quite understand yet.


Edit:
Oops, didn't see this in your thread.
((target 1 and 2 are calculated from MO's Crash Zone. They will migrate as the W1 high/low moves. ))

Now I really don 't understand. ?moving targets?


Don't make me use TRO's line (REPAINT THIS :smt098) :lol:

-->IT IS BASED ON RANGE<---

The range of the active weekly candle should expand to TARGET 1 or TARGET 2.

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tmanbone
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Postby tmanbone » Sat Mar 20, 2010 4:24 am

prochargedmopar wrote:hey Bredin,

Did you update to the newest version.
I'm not seeing the toggle.

Also, W1, why does it move with the current week candle formation?
Isn't the crash zones suppose to be calculated off previous 3 weeks smallest candle?
thx.


I need to re-read the thread as i don't quite understand yet.


Calculated off of the previous three weeks middle sized candle's range. The range is then moved to the current candle and applied to the high/low depending on direction traded. MO's example at the start of the thread was a buy example. This is how I interpret what Mo has taught. Hope this helps.
"The simplicity of the markets is it's greatest disguise"

T

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tmanbone
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Postby tmanbone » Sat Mar 20, 2010 4:25 am

double post
"The simplicity of the markets is it's greatest disguise"



T

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Postby Pro Trader » Sat Mar 20, 2010 11:09 pm

Bredin thanks for the indis

Out of interest how many pairs do you watch, and which ones?

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Postby Humble » Sun Mar 21, 2010 12:55 am

He has another indi to help with that, it's called II_DB_RANGE.

Hey Bredin, now I know what the II is for.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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bredin
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Postby bredin » Sun Mar 21, 2010 2:01 am

II_CrashZone updated (v1.2) mabee you'd like to turn off one set of targets.

Thanks Humble youve reminded me of another release to put here :)

G.
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II_DB_RANGE

Postby bredin » Sun Mar 21, 2010 2:41 am

Inputs for II_DB_RANGE

9 iPeriodsX : set to 0 to turn off a column or set to the averaging period.

Sort.Period : timeframe to sort the list by
Threshold : lowest average to display (in color)
Show.Valid.Only : turn off averages lower than Threshold
StopPeriod : timeframe to calculate the SL value
StopiPeriods : averaging period for SL
StopMod : multiplier for the StopPeriod
7 position/size/location inputs
5 color inputs
29 pair inclusion inputs

If you trade something that is not already here, just let me know or tweak the code yourself, it should be contextually obvious how to do this.

IF NOTHING SHOWS UP THIS MEANS YOU HAVE A PAIR ENABLED THAT YOUR BROKER DOES NOT SUPPORT, so just turn it off. I have not found a way to test for this automagically, but you can check you broker pairs by turning on the market watch panel in MT4

G.
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Postby bredin » Sun Mar 21, 2010 3:30 am

II_DB_RANGE updated to v1.2

fixed an error caused by putting in a bigger iPeriodsX value than the number of Bars available to calculate from.

G.
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Postby tmanbone » Sun Mar 21, 2010 3:42 am

Image

Bredin, any chance of an indi that plots S/R levels of off a weekly, monthly line chart, as far back as the data will track? Maybe something that tells how many times price has touched in the past, color coded as to S or R i.e. green support red resistance. Maybe something that only shows the lines within a 100-500 pip range of current price so to keep chart as clean as possible. Would be willing to support your cause. Thanks,
"The simplicity of the markets is it's greatest disguise"



T

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