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Resetting of Hourly BuyZone question

Posted: Sat Dec 08, 2007 8:21 am
by camdavis
So here goes another question as I'm new and trying to figure all this out. Once the buy zone is set for the day, is it the same zone for the whole trading session or is it supposed to be reset every hour? This brings me to another question, if it is supposed to be reset every hour on the hour, can the buy zone indicator be programmed to reset itself every hour or do you have to manually draw new lines yourself every hour? Thanks in advance.

Posted: Sat Dec 08, 2007 3:16 pm
by zeller4
it can be reset automatically to every hour, half-hour, etc.
which program are you using? what's your skill levelling in coding?
I've modified my esig version to do it.

Posted: Sat Dec 08, 2007 4:31 pm
by camdavis
I'm not a programmer and I'm using Tradestation.

Posted: Sat Dec 08, 2007 4:50 pm
by TheRumpledOne
Cam: Reseting the buy zone every hour is something I do to take advantage of the fact the usdjpy usually moves 20 pips or more every hour.

Zeller: Please post your code.

Posted: Sun Dec 09, 2007 1:06 am
by zeller4
TheRumpledOne wrote:Cam: Reseting the buy zone every hour is something I do to take advantage of the fact the usdjpy usually moves 20 pips or more every hour.

Zeller: Please post your code.


Here's my version based on TRO TRADE ZONES with a screenshot for the CME 6E Euro Currency Futures (don't have a forex feed at the moment) - Thanks Avery

Posted: Sun Dec 09, 2007 10:55 pm
by bheubach
Zeller,
Is there a Tradestation version of this?

Posted: Mon Dec 10, 2007 2:18 am
by zeller4
bheubach,

I don't know and I'm not able to do one anyway... (don't have TS).
Kirk

bheubach - "Is there a TradeStation version of this?&qu

Posted: Wed Jan 09, 2008 4:30 pm
by koolbreeze
After importing this ELD ( _TRO_BuyZone_Time
), I believe the indicator you need is _TRO_BuyZoneTime_P. Edit the indicator input data fields istartTime and iEndTime to the correct hour. For example to set the hourly time 8:00 to 9:00, enter 0800 and 0900 respectively.

Posted: Wed Jan 09, 2008 5:19 pm
by obx
Is there an eld that automatically resets each new bar? Thx

Posted: Wed Jan 09, 2008 6:54 pm
by TheRumpledOne
No.

Not yet.