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rickyineng
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Re: TRO_BuyZone

Postby rickyineng » Mon Oct 13, 2008 5:05 pm

fort2w wrote:
rickyineng wrote:Hi TRO,

I have observed a little glitch with TRO_BuyZone, if the currency uses 5 digits after the decimal point (to support fractional pip pricing, FXCM does!). In this case, predefined variable "Point" is stored as 0.00001. Due to this Buyzone calculations are misleading.

After adding the following piece of code (never mind, a bit dirty, just for workaround!) at around line no 116, it looks allright with both 0.0001 and 0.00001 as Point values.

-------------------
double abspointvalue = Point;

if (abspointvalue == 0.00001 || abspointvalue == 0.001)
{
abspointvalue = abspointvalue * 10;
}
-----------------

Replace "Point" with "abspointvalue" from line 118 to the end of the function.

And in lines 261 and 267, pass the second argument to "DoubleToStr" function as 1 instead of 0 to see all the profit!

It would be great if you can throw a word to approve it :-)

cheerz,
-- ricky

Having the same problem - I was able to address target & stop in the input window. Must the Buy/Sell prices be adressed in the programming level or in the inputs window?
I don't have ricky's programming skill... :?:

please help.
thanks


Hi fort2w,

Its quite straight forward.... You may give it a try! Open MT4. Delete the Buyzone indicator from the charts. On the panel, there is a button named "MetaEditor" (Next to New Order). Click on that button, Meta Editor gets opened. Now in the meta editor, from the the right hand side panel, expand "indicators" folder. You see all the indicators. From the list, select "TRO_BuyZone.mq4". It opens the code in the editor. Modify it as per my last post (pasted below with a modification to include JPY pairs). Save it. Click the "Compile" button. Thats it!

cheerz,
-- ricky

-------------

After adding the following piece of code (never mind, a bit dirty, just for workaround!) at around line no 116, it looks allright with both 0.0001 and 0.00001 as Point values.

#####################

double abspointvalue = Point;

if (abspointvalue == 0.00001 || abspointvalue == 0.001)
{
abspointvalue = abspointvalue * 10;
}
-----------------

Replace "Point" with "abspointvalue" from line 118 to the end of the function (line no 281 is the end of function).

And in lines 261 and 267, pass the second argument to "DoubleToStr" function as 1 instead of 0 to see all the profit!

----------------------
#################

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Postby mastergunner99 » Fri Oct 17, 2008 5:13 am

Wow.

I'm fairly speechless at this. Right now I'm running buyzonefordummies and TRO SR RR side by side to see which I prefer.

The buy zone is seriously for dummies. I LOVE IT!!!!

Question about TRO SR RR. Is the entry that cut and dry? Am I buying when it says Trade Long and selling when it say Trade Short. I do imagine it's not always going to hit target so I'll take profit at Fib levels or when price stalls, but just curious if the entry is as easy as it looks.

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Postby xmess7 » Fri Oct 17, 2008 6:12 am

mastergunner99 wrote:Wow.

I'm fairly speechless at this. Right now I'm running buyzonefordummies and TRO SR RR side by side to see which I prefer.

The buy zone is seriously for dummies. I LOVE IT!!!!

Question about TRO SR RR. Is the entry that cut and dry? Am I buying when it says Trade Long and selling when it say Trade Short. I do imagine it's not always going to hit target so I'll take profit at Fib levels or when price stalls, but just curious if the entry is as easy as it looks.


Gunner hi, Try this...
Go to H1 timeframe. Place fibs from highest resistance to lowest support as TR SS RR shows. (Usually you will see alot of dots red or blue :) ).

Then look at direction of price. Whether it is coming down or going up to the 1st fib lines. Once you establish possible price direction then go to the 5 minute and trade accordingly around the fibs at that level and the TR SS RR goShort or goLong lines.

Hope that helps

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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 2:48 pm

TRO SR RR has fibs built in. Look at the inputs!!
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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Postby mastergunner99 » Fri Oct 17, 2008 2:53 pm

What's best practice at taking profit?

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Postby TheRumpledOne » Fri Oct 17, 2008 3:30 pm

TAKE IT BEFORE THE MARKET TAKES IT BACK!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri Oct 17, 2008 4:19 pm

Image

3 green bars and price is struggling.

Lower high.

Short on red.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Fri Oct 17, 2008 5:14 pm

Image

4 greens and tried for a 5th.

Short on red.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Fri Oct 17, 2008 5:45 pm

Image

Just wait till you see the REDS of their eyes to go short ;)
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby TheRumpledOne » Fri Oct 17, 2008 6:01 pm

Image

Waiting patiently for RED.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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