Search found 1633 matches

by PebbleTrader
Mon Nov 11, 2013 12:07 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

"What does the Synthetic Close really tell you? "

I think I explained what it tells us...

If you would like a better answer, please ask a better question :)
by PebbleTrader
Sat Nov 09, 2013 4:47 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

I agree. I'm not a fan of offline charts, especially since they recalculate constantly. However, if someone is ALREADY using offline charts for PnF, period conversion, etc... Than there is very little additional processing. The code for doing what I described is very minimal and efficient (what make...
by PebbleTrader
Sat Nov 09, 2013 3:53 pm
Forum: TheRumpledOne
Topic: EVERYTHING That Is - That isn't
Replies: 116
Views: 36024
Gender: Male

by PebbleTrader
Sat Nov 09, 2013 3:29 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

I think this is one of those things where you either see that it's an improvement over traditional methods or ...maybe it's not for you. It's simple, either you favor closes based on arbitrary points in time or you favor something that more intelligently shows if the buyers/sellers are in control fo...
by PebbleTrader
Sat Nov 09, 2013 1:25 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

It just makes sense...

Why anyone would want to view (candle bodies or line chart of arbitrary points in time) is beyond me :)
by PebbleTrader
Sat Nov 09, 2013 1:16 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

Synthetic Close:

Image
by PebbleTrader
Sat Nov 09, 2013 1:14 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

Normal Close:

Image
by PebbleTrader
Sat Nov 09, 2013 1:06 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

Here is an example of the same chart...The only difference between the two charts is one chart has a synthetic close and the other has a normal close. I highlighted the same section on the chart so that you can see how much more smoother (less fake outs) the synthetic close is. Why? Because the synt...
by PebbleTrader
Fri Nov 08, 2013 10:39 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

As for an example, it looks like a chart you are used to seeing. There is OHLC data. The HL is the same and the O is the same for continuity. The only thing that gets created differently is the C. All you do is take all the up/down ticks within some period and sort them in ascending/descending order...
by PebbleTrader
Fri Nov 08, 2013 10:32 pm
Forum: TheRumpledOne
Topic: WHY DO YOU USE INDICATORS THAT...
Replies: 76
Views: 23584
Gender: Male

"If you're gong down that route, why use periods at all? Why not renko or 50 tick charts etc?"

The tick data is always being logged in realtime, thus an offline chart using a period converter or tick can be used to create the history file, your choice.

Go to advanced search