DislikedYes....there is a way to do that....I think. Sometime over the weekend. If there is anything else...let me know.
Cheers
CanuckCTIgnored
Sunday gap trading: brokers opening at 5pm EST Sunday? 10 replies
after the time shifting in North america, the day starting time should be 5PM EST? 8 replies
Looking for PIVOTS indicator based on Us Eastern 5pm close 0 replies
Fibs, fibs, fibs 3 replies
DislikedAny one getting this far .....
Is it making sense about Risk and Reward?
Buy Take Profit at 100.00
Buy Entry at 50.00
Buy Entry Stop Loss at 0.00
Sell Entry Stop Loss at 0.00
Sell Entry at 50.00
Sell Take Profit at 100.00Ignored
DislikedI did not release the mq4 file for the indicator because I want to finish building it on my own. Will release at some time....but here is my problem....
From version 1.2 - this works...and uses the close of the candle as the anchor for price
double LastHigh = iHigh (NULL,lookupTimeFrame,iHighest(NULL,lookupTimeFrame,MODE_HIGH,z-x,x));
double LastLow = iLow (NULL,lookupTimeFrame,iLowest( NULL,lookupTimeFrame,MODE_LOW ,z-x,x));
double LastClose = Close[k+1];
double Range = (LastHigh-LastLow);
double atr = iATR(NULL,PERIOD_D1,ATRDays,i)/2.0;...Ignored
DislikedI have visually gone through the chart, setting stops at 0.0 works better than setting it at 23.6.
In the latter case there are a lot of false stopouts which go to 100% target after stop being hit.
I will monitor it in real time and maybe with a small position from Monday, setting long and short positions at the same time at NY close, 9pm GMT 10pm London time
Hopefully the indicator is sorted out by then to anchor the pivot to day's open making life a little easier.Ignored
DislikedThanks for the thoughts on 23.6.
When the anchor is working using open maybe we can get CCT to put in when we anchor as an option based on UTC_GMT. That way, we could test with London Close, or say 10 am EDT, 11 am EDT, 12 pm EDT (when the London and NY overlap ends).Ignored
DislikedThis feature is already built in the indicator, it is called "hour shift"Ignored
DislikedCorrect....just change the hour shift and you can anchor it to the close for any hour....and it treats the prior 24 hours as the "prior day".
I'm attaching the file....the most recent one that works. It's a pivot indicator that I've modified as a start to the process. I'm really not much of a coder....others can do this much faster and with better code....so with that in mind...here are my thoughts:
1. Indicator should anchor to the open or close of the bar, as selected as an input....simple but I could not get it to work.
2. As it stand...Ignored
DislikedHere would be the trades for the first four days of the week...I'll post Friday in a minute. Blue is either a winning or BE trade. Orange a loser...I have one marked in wrong color.
AttachmentIgnored
DislikedNot quite right now.....only current day works. But I'd like to know how to make all the lines like that....as an option in the indicator.....so you have a backtest mode...and a trading mode. What drawing all the line like that pivot will do is allow you to do a visual backtest of the breakout level to see if it aligns with prior support and resistance.
Cheers
CanuckCT
AttachmentIgnored