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Captain Pugwash
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Postby Captain Pugwash » Thu Aug 09, 2012 8:06 am

Pebble - your posts are brilliant - there's always something to make me think.

We dont want this forum highjacked like BP and others by pedantic forum trolls who offer nothing but a massage of there own egos.

and if the above words dont work on ya - I'll send the boys round :D
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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frang0nve
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Postby frang0nve » Thu Aug 09, 2012 8:25 pm

MightyOne wrote:If we averaged the prev. highs, lows, & closes of the hour, day, week, month, and year then what kind of a line chart would that make?

H = High of (H1, D1, W1, M1, Y1)/5
L = Low of (H1, D1, W1, M1, Y1)/5
C = Close of (H1, D1, W1, M1, Y1)/5
----------------------------------------------
(HLC)/3

Might be a stupid idea, just thinking.


In AFL (Amibroker Formula Language) this is the code:

[font=Courier New]Y1_H = TimeFrameGetPrice( "H", inYearly, -1 );
M1_H = TimeFrameGetPrice( "H", inMonthly, -1 );
W1_H = TimeFrameGetPrice( "H", inWeekly, -1 );
D1_H = TimeFrameGetPrice( "H", inDaily, -1 );
H1_H = TimeFrameGetPrice( "H", inHourly, -1 );
Ave1_H=(Y1_H+M1_H+W1_H+D1_H+H1_H)/5;

Y1_L = TimeFrameGetPrice( "L", inYearly, -1 );
M1_L = TimeFrameGetPrice( "L", inMonthly, -1 );
W1_L = TimeFrameGetPrice( "L", inWeekly, -1 );
D1_L = TimeFrameGetPrice( "L", inDaily, -1 );
H1_L = TimeFrameGetPrice( "L", inHourly, -1 );
Ave1_L=(Y1_L+M1_L+W1_L+D1_L+H1_L)/5;

Y1_C = TimeFrameGetPrice( "C", inYearly, -1 );
M1_C = TimeFrameGetPrice( "C", inMonthly, -1 );
W1_C = TimeFrameGetPrice( "C", inWeekly, -1 );
D1_C = TimeFrameGetPrice( "C", inDaily, -1 );
H1_C = TimeFrameGetPrice( "C", inHourly, -1 );
Ave1_C=(Y1_C+M1_C+W1_C+D1_C+H1_C)/5;

Ave1_HLC= (Ave1_H+Ave1_L+Ave1_C)/3;

Plot(( Ave1_HLC), "Ave1_HLC", colorRed );[/font]

And here you can see a chart for EURUSD:

Black= Price
Red= MO_Average






Cheers


Francisco

frang0nve
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Postby frang0nve » Sat Aug 11, 2012 4:04 pm

Another chart for EURUSD:

Zoom in

Image

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PebbleTrader
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Postby PebbleTrader » Sun Aug 12, 2012 2:14 pm

Removed
Last edited by PebbleTrader on Thu Aug 23, 2012 1:18 am, edited 1 time in total.
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Postby Humble » Mon Aug 13, 2012 1:03 am

Just when you got your 1000 post and all. Have you tried asking TRO for his help?
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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PebbleTrader
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Postby PebbleTrader » Mon Aug 13, 2012 9:52 am

Removed
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Postby Jalarupa » Mon Aug 13, 2012 2:58 pm

Keen... so when do we move shop then?
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

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Postby Jalarupa » Mon Aug 13, 2012 6:45 pm

Image

Image
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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PebbleTrader
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Postby PebbleTrader » Mon Aug 13, 2012 8:12 pm

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Braathen
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Postby Braathen » Mon Aug 13, 2012 9:59 pm

Hi pebble!

So im just thinking how the candle itself is a deception. The candle represents price travling from a to b with 2 extremes and the open and close within x amount of time.

Now as i see it the candles are just there to tell u a story.. but just like people candles can yap on all day but its what price does that is important.

So i cant really see candles themselves as being a deception.
I can see moves being a deception over time (Body in direction...wicks in direction...)
But can we really blame this on candles?
Im left thinking why cant we see what is significant with just plain candles?

Just trying to get into what your doing.
Have a great day/evening/night.
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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