Indicators By Insanity Industries

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bredin
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Postby bredin » Tue Jun 15, 2010 12:13 pm

Thats a good idea, and a platform other than MT4 might provide an easier solution than the tick-by-tick method that MT4 uses. If youre following EJ and EU then the indi will update at each tick of the chart that is it placed on, and is not triggered by an incoming tick of the other chart. this means that placing an (eg) overlay chart doesnt help a great deal either...

I cant think offhand of a way to determine the lagtime, although tracking delta bodysize as % might just show a lead or lag in action, if shown as a line graph.... maybe several deltaBodySize lines will give a better idea.

I think I can knock something up, within the limitations of MT4 tick updates. Might be a while tho.

G.
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Postby Jalarupa » Sat Jun 19, 2010 8:39 am

Hey Bredin,

I'm busy playing with ya II_DB_Range indi... and I must say THANK YOU!!!! :D

Its just what I have been looking for ;-)

Just wanna know how the STOP value is calculated? is it a recommended stoploss in relation to what risk percentage?

Very Nice INDI! :D
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Postby jarnapal » Sat Jun 19, 2010 9:46 am

Can you tell how to use II_DB_Range ? :oops:

I applied it on my chart and nothing shows up.

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Postby Jalarupa » Sat Jun 19, 2010 9:50 am

Well I think its a problem with having ALL the currency pairs selected at once...

I just selected the pair that I'm using on the chart and made the rest false and then it worked... Beautifully! :D

Enjoi!
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I trade using <<FX SYNERGY>>

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bredin
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Postby bredin » Sat Jun 19, 2010 3:33 pm

if any pair is set to true and your broker does not carry that pair the whole indi will fail. I have not yet found a way to check if a pair is valid programatically.

Until I can find how to errorcheck that problem you will have to turn on market watch and double check your pairs.

G.
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Postby jarnapal » Sat Jun 19, 2010 6:10 pm

Thank You!

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bredin
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Postby bredin » Mon Jun 21, 2010 4:16 am

Updated II_ShowPairCool

Image

now includes rotation!

G.

PS thats it at bottom right ;)
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goji
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Newbie Question

Postby goji » Mon Jun 28, 2010 10:54 pm

Hi Bredin,

I'm new to the site, but have gone through Lukx's thread with a fairly good understanding of Dragon's strategies. I was getting overwhelmed by all the fibs that I was getting all the 50% exit/entries mixed up. Your method seems simplier, and seemingly just as effective. I have a few questions tho.


This is the chart that I am currently trading. USDCAD

Question

1. Do we enter from the top / bottom of the boxes Short/Long?

2. What confirmation do we have that indicates the PA will continue in the direction from S to D or D to S?

3. When do we get out of the trade? Are we trading from S to D and vice versa?

4. What tf do we trade from?

5. Is there any use for the multi meter?

I too will make a donation if I make money from your indi's.

Thanks in advance.

p.s I don't understand the stat indi.
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Jalarupa
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Re: Newbie Question

Postby Jalarupa » Tue Jun 29, 2010 5:52 am

goji wrote:Hi Bredin,

I'm new to the site, but have gone through Lukx's thread with a fairly good understanding of Dragon's strategies. I was getting overwhelmed by all the fibs that I was getting all the 50% exit/entries mixed up. Your method seems simplier, and seemingly just as effective. I have a few questions tho.


This is the chart that I am currently trading. USDCAD

Question

1. Do we enter from the top / bottom of the boxes Short/Long?

2. What confirmation do we have that indicates the PA will continue in the direction from S to D or D to S?

3. When do we get out of the trade? Are we trading from S to D and vice versa?

4. What tf do we trade from?

5. Is there any use for the multi meter?

I too will make a donation if I make money from your indi's.

Thanks in advance.

p.s I don't understand the stat indi.


My NOOB take on things... as I don't actively trade this method (but do use it when trading ranging markets)

1 - Its a Supply or Demand zone, so anywhere in the zone is an acceptable entry point according to Sam Seiden... But i would use my discretion... It all depends on Momentum...

2 - MOMO - Momentum candle closing above or below the line

3 - You can try and take it until the next level, but why not atleast bank a little upfront and let the rest ride towards your targets... (II_Crash ZONES) are also great PT's. But yeah if your goal is 20 pips... Take em!

4 - 5 minute Time frame Rat entries or Zlines

5 - Yes... (and I always experience draw down when I don't) Trade in the direction of the H1 Candle Color... I would also place a bar timer in there as I have noticed that you can get a fair understanding if you picked the correct direction by observing what happens after a M5 bar has hit 50% (but this is just what I've noticed)

Happy Trading! :D

goji
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Postby goji » Tue Jun 29, 2010 1:44 pm

Thanks jalarupa!

Out of curiosity, which method of trading do you prefer?

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