Indicators By Insanity Industries

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bredin
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Postby bredin » Wed Apr 07, 2010 9:06 pm

I dont remember ever forgetting anything.

G.
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Humble
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Postby Humble » Thu Apr 08, 2010 5:48 am

Did you use Blubbbs code for the custom candles? Naughty boy!

Also I must be the only one not using MS Office (or Word), as some of those WingDing fonts you use are MS commercial fonts only freely available with the purchase of the aforementioned software.

Image
Last edited by Humble on Fri Apr 09, 2010 12:24 am, edited 1 time in total.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

Humble
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Postby Humble » Thu Apr 08, 2010 6:28 am

Actually I take it back. I just realised it draws custom candles the way MO said he draws them - from the close of the previous custom candle. In other words an individual bars gap, at the start of a new CustomCandle, forms part of the CustomCandle.

Carry on !!
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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forexjake80
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Postby forexjake80 » Thu Apr 08, 2010 6:43 pm

me blushing :-) thank you for the indi bredin!
It's time to kick ass and chew bubble gum. And I'm all out of gum.

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bredin
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Postby bredin » Fri Apr 09, 2010 9:26 am

If you take a look at the source I credit blubbb for the code and link to his indi thread.

The WingDings 3 Font is distributed with MS products, but im sure its findable on the web :) probably in a torrent of a MS product.....

G. (I'm back, baby!)
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Postby MightyOne » Sat Apr 10, 2010 8:12 pm

There are some things that I like about this indicator and some things that I don't.

Likes:

1. The prev. close = the open of the next bar.

2. Coloring momo (although an advanced user would draw it as shown in the attached picture).

3. The number of boxes drawn into the past is selectable.

4. Big colorful HUD? Unnecessary but why not.

5. Key Reversals? Why not.

Dislikes:

1. Lines for the custom candle do not start at 0. When you are using the indicator on a chart with little history (yearly) then the lines are off of the chart and I have to go into the objects tab and change the dates.

2. I hate auto drawn MZ/ZL but at least I can turn them off :lol:


Image

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Postby MightyOne » Sat Apr 10, 2010 8:47 pm

Since this is my last day posting until December I will leave you with this:

Some people ask me why I look for the momentum pattern XYXY and the answer is that XY is similar to price closing over a horizontal line.

If I have XY then I am expecting X and If I get Z then something is wrong.

Indeed, knowing when you are wrong is more important than being right.

No amount of analysis can bend the market to your will, but analysis can protect you from the will of the market.

Is there a reason for XY?

Yes.

At X traders believe that, because price isn't going anywhere quick, that it must be reversing.
On all time frames traders view this price action as "stalling" (which it is, stalling the trend to get you out or in the wrong direction) and liquidate their positions prematurely.

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bredin
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Postby bredin » Sat Apr 10, 2010 10:23 pm

Thanks for that MO, now Ive got more coding (and thinking) to do, but Im sure i can address the points you have made.

Have a great holiday MO!

G.
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Postby Humble » Sun Apr 11, 2010 1:56 am

Enjoy your time away MO and thanks for everything you do here.
God bless.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby dojirock » Sun Apr 11, 2010 2:50 am

Thank you MO for all your help....have a great year!
See ya soon.

doji

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