Kreslik.com - traders community since 2006

Posted: **Fri May 11, 2007 4:34 am**

TRO TRAVEL

The Architect has been posting about travel on a board that banned me. He caught a bunch of flak.

I created TRO TRAVEL based on his ideas. TRO TRAVEL sums up the range of the bars IF the current bar's high/low is above/below the previous bar's high/low. So inside bars not counted.

ELD attached.

Posted: **Mon May 14, 2007 9:36 am**

TRO TRAVEL ENHANCEMENT

I added the T/R % column. Dividing the distance that price has traveled by the range gives another perspective.

ELD attached.

Posted: **Tue May 15, 2007 12:10 pm**

TRO TRAVEL 2

The Architect was ranting that my original version wasn't right. I pointed out that no one provided me with detailed specifications. Anyway...

I woke up this morning with a better idea.

I am defining travel as the length of the candle body plus 2 times the length of each of the wicks. This makes intuitive sense to me. Yes, it doesn't count the travel within the candle body but if you do that, then you might as well just add up the ticks.

ELD attached.

Posted: **Thu May 17, 2007 4:59 pm**

ENHANCEMENTS

Now there are columns for the current bar as well as the running totals.

Posted: **Thu May 17, 2007 11:35 pm**

MORE ENHANCEMENTS

Added the Total Travel divided by the Open price. This is one way to guage which stock to trade. The higher the number the more you can make.

Added the Avg Travel column. Default is last 35 bars.

The Architect wanted to rank stocks based on travel.

I spoke with The Architect on the phone today. We have come to an agreement on my formula for travel.

ELD attached.

Posted: **Fri May 18, 2007 5:08 pm**

TRO TRAVEL - FUNCTION

I wrote a travel function so I could run statistics.

Above are the top 20 cows based on Travel.

I am using 65 minute bars ( 390 minutes in a trading day / 65 = 6 bars per day). I wanted to know how many times these stocks traveled $1.00 or more per bar. There's plenty of "milk" and "juice" there, fellow Pirates!!

WORKSPACE and ELD attached.

Posted: **Sun May 20, 2007 2:34 pm**

TRAVEL ENHANCEMENT

I added Travel Up, Travel Dn, Total Travel Up and Total Travel Dn columns.

For green candles ( close > open ) Travel Up is the range ( High - Low ) and Travel Dn is the sum of the wick ( High - Close ) plus ( Open - Low ).

For red candles ( close < open ) Travel Dn is the range ( High - Low ) and Travel Up is the sum of the wick ( High - Open ) plus ( Close - Low ).

For Doji candles ( close = open ) Travel Up = range ( High - Low ) and Travel Dn = range ( High - Low ) .

I also created the functions _fTravelUp and _fTravelDn so I could run statistics:

It's almost too simple. They're handing out free money.

ELD attached.

Posted: **Thu May 24, 2007 12:14 am**

!_PaneHiLo

I modified the code Mark Mills wrote for the Architect.

Modifications include alerts for Kiss High/Low and a switch for if the indicator only plots realtime.

ELD and WorkSpace attached.

I am posting this BEFORE someone else claims my work. Note I didn't name the indicator TRO_PaneHiLo. One less thing for the TS "in crowd" to rant about.

WARNING: If you post this on the TS forum, then you'll probably get banned!!

Posted: **Thu Jun 21, 2007 4:46 pm**

I was wondering if someone could tell me what does palen hi lo alert for? thank you.

Posted: **Thu Jun 21, 2007 6:14 pm**

Lynx wrote:I was wondering if someone could tell me what does palen hi lo alert for? thank you.

When the price makes a new high or low on the pane you are looking at.