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forexjake80 wrote:Relativity, could you explain the 3 "candle load" lines? What do they need to load correctly?
* CC-M60x24=M1440 D1 on MN1 * > Down Wave; -214.0
Sometimes the MT4 client doesn't load enough candles. In this case, we need enough H1/M60 candles. The total number is summed up from this 'forumla' :
D1 = 24 x H1
MN1 = 24 x D1
therefore D1 on MN1 = 24 x 24 x H1 = need 576 H1 candles
This is automatically calculated. If there are not enough candles, it will show up as 'CandleLoad : NOT OK'. Just load your H1 chart, then press Page Up until it becomes 'CandleLoad : OK'
I don't like D1 candles given by MT4. It has too many problems IMO.
forexjake80 wrote:this looks like charts on drugs, but it is just to tempting for a friday night. gonna give it a try and report back.
Its not. It tells me alot about where the impt SR levels are. The key is to know that all SR levels are extreme zones from previous waves. SignalBender in my hands has evolved to a point it does the following :
- Calculate SR zone sizes
- Plot waves from multiple timeframes into a single chart
- Plot SR zones from multiple timeframes into a single chart
The higher the timeframe the extreme came from, the stronger the SR.
If a lower timeframe and a higher timeframe is sharing the same SR area at the same time, its a very very strong SR.
If an SR is broken, its role is reversed.
This tool is combined with every good tool/advice I've came across :
- Sound money management
- SR price action squeeze play (RedSword)
- Round number Psych Zones
- Flying Buddha (PipEasy)
- Rat Zones (TRO)
- Always trade off extremes + trade the hourly bodies (MO)
- Best entry = D1 extreme, Next best entry = Price crosses over a certain line (MO)
What I've created is an semi automatic tool to identify all this and trade it. Everything I've learnt the past 3 years does fall into place nicely.
Look at what the waves + SR lines + psych + current price are trying to tell you. Coincidence? I think NOT! Trading has now became so logical and simple to me.
These guys do it manually : http://masterforex-v.su/forex001002002.htm
I don't! =D!
The only thing I will never be able to 'solve' is bank intervention and news; banks and price movement by news do not play by these 'rules'. Their game and rulebook in the markets are different. Here, I am still forced to watch the market with discernment. See http://masterforex-v.su/001_015.htm. Anything else, I look at the indicator.
forexjake80 wrote:rel, after looking a couple of hourse, i found an error in the digitPointCheck function, that is the issue i am having...
forexjake80 wrote:another error, just found it: resetBuffers function seems to kill the execution, will continue looking tomorrow.
Show me. FYI my version of MT4 is 18.104.22.1682. Which broker are you using?