2011 DONATIONAL INDICATORS
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- TheRumpledOne
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- TheRumpledOne
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- TheRumpledOne
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hi tro, i've donated 50 today, can you send the 2011 donational indicators to eddymustika@gmail.com?
i've learned so much from you. many thanks
i've learned so much from you. many thanks
- TheRumpledOne
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Got this in my inbox today:
"The twin Peak signal that I posted in the forum yesterday triggered in with a "Buy" at 111.05. Currently trade is at 112.10 with 90 pips locked in and guaranteed."
I replied, "You were LATE!! The most you should have paid was 109.56"
"The twin Peak signal that I posted in the forum yesterday triggered in with a "Buy" at 111.05. Currently trade is at 112.10 with 90 pips locked in and guaranteed."
I replied, "You were LATE!! The most you should have paid was 109.56"
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
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- TheRumpledOne
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Coming soon:
http://wallabytrade.com/TheWallabyTrade.pdf
I coded an indicator to show the current divergence, if it exists.
Why make traders do stuff the computer can do?
http://wallabytrade.com/TheWallabyTrade.pdf
I coded an indicator to show the current divergence, if it exists.
Why make traders do stuff the computer can do?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- noushina
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@Wallabytrade. Booker is selling the book on Amazon, and giving it away on that site. Funny.
This original indicator uses multi-time frames. With MT4 these "repaint" on time frame change or re-start, due to, I think, a glitch in MT4 design. Thus a 60 minute TF indicator when drawn on a 5 min chart is valid only for the current bar. This is bc when the calc is made for the 60, it uses the close value of 60 bar but draws it where the 60 bar would have opened.
[of course the current bar is the only one that matters, its just for backtesting purposes the multi tf stuff appears better than it really is]
Breden had mentioned this before, but I discovered it when I was using a 3-6-3 MACD with a larger time frame than the chart and declared to the world that it was God's gift to forex -- bc it was always right.
This original indicator uses multi-time frames. With MT4 these "repaint" on time frame change or re-start, due to, I think, a glitch in MT4 design. Thus a 60 minute TF indicator when drawn on a 5 min chart is valid only for the current bar. This is bc when the calc is made for the 60, it uses the close value of 60 bar but draws it where the 60 bar would have opened.
[of course the current bar is the only one that matters, its just for backtesting purposes the multi tf stuff appears better than it really is]
Breden had mentioned this before, but I discovered it when I was using a 3-6-3 MACD with a larger time frame than the chart and declared to the world that it was God's gift to forex -- bc it was always right.
- newscalper
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Yeah, there's quote a few MTF 'digital' indis that do that which makes them hopeless for a quick visual back-test.
I'm not sure (I'm not a programmer) why programmers can't use logic so that, for example, if an indi is showing both 1hr and 4hr that for each 1hr dot the 4hr dots show the state of the 4hr bar at that point in time (which they do when live but you will note, not individually but as a group), and not the state of the bar after it closes (which they repaint as after it closes). There would have to be some kind of 'fix' algo and I suspect because all bars currently live are moving it would mean calculating all past bars at x point in time individually from tick data, which would be extremely slow.
I don't think it would make any difference to their use in live trading at all as the current bar state is the current bar state but if you don't know what's going on you can be easily fooled at a quick glance.
I'm not sure (I'm not a programmer) why programmers can't use logic so that, for example, if an indi is showing both 1hr and 4hr that for each 1hr dot the 4hr dots show the state of the 4hr bar at that point in time (which they do when live but you will note, not individually but as a group), and not the state of the bar after it closes (which they repaint as after it closes). There would have to be some kind of 'fix' algo and I suspect because all bars currently live are moving it would mean calculating all past bars at x point in time individually from tick data, which would be extremely slow.
I don't think it would make any difference to their use in live trading at all as the current bar state is the current bar state but if you don't know what's going on you can be easily fooled at a quick glance.
- TheRumpledOne
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- TheRumpledOne
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