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Daily Chart 3-Candle

  • #721
  • Oct 17, 2018 6:16am Oct 17, 2018 6:16am
Quoting simoneg
{quote} Hi Ron I thought about it being too much clutter, however, in my manual trading these levels have made a tremendous difference in making trade decisions. Maybe opting to turn on/off history would be more suitable so we have a win win. SwingMan?

well said. Sound good.
Shall leave it with the original plan.


Thanks simoneg.
  • #722
  • Oct 17, 2018 6:44am Oct 17, 2018 6:44am
If I invest a few hours to program an indicator and write "please test", then I believe that you can invest a minute to look at the settings and another 5 minutes to check them.
Now I'm not in front of the computer, but I think that you can turn off the parameter for history, or set the number = 1.

@geosevilla
If the indicator repainted or not, you should ask if you have determined this yourself, then post a chart and a comment. Then I can do something.
It may or may not be, I've posted the indicator, and asking about repainting an hour after my posting without testing, seems too early.
At the next indicator I will test for a week, and only then post here.
  • #723
  • Oct 17, 2018 6:50am Oct 17, 2018 6:50am
Quoting SwingMan
If I invest a few hours to program an indicator and write "please test", then I believe that you can invest a minute to look at the settings and another 5 minutes to check them. Now I'm not in front of the computer, but I think that you can turn off the parameter for history, or set the number = 1. @geosevilla If the indicator repainted or not, you should ask if you have determined this yourself, then post a chart and a comment. Then I can do something. It may or may not be, I've posted the indicator, and asking about repainting an hour after my...
I am testing SwingMan...just paused to attend to my family. I did not reach the pointbto realize that option was available.
Best
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  • #724
  • Edited 9:44am Oct 17, 2018 7:08am | Edited 9:44am
Quoting simoneg
{quote} I am testing SwingMan...just paused to attend to my family. I did not reach the pointbto realize that option was available. Best

Ignore
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  • #725
  • Oct 17, 2018 7:16am Oct 17, 2018 7:16am
Corrections:
1. We are given the option to Specify what uppertimeframes 1 & 2 should be, however there is no change when you select an option outside of the default.
2. There is no Uppertimeframe 3

Thank you!
Simone
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  • #726
  • Oct 17, 2018 8:44am Oct 17, 2018 8:44am
Apologies SwingMan...I was attaching V2 of the Indicator without the History...the names were close. Kindly disregard my last two posts.
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  • #727
  • Oct 17, 2018 8:50am Oct 17, 2018 8:50am
Quoting SwingMan
If I invest a few hours to program an indicator and write "please test", then I believe that you can invest a minute to look at the settings and another 5 minutes to check them. Now I'm not in front of the computer, but I think that you can turn off the parameter for history, or set the number = 1. @geosevilla If the indicator repainted or not, you should ask if you have determined this yourself, then post a chart and a comment. Then I can do something. It may or may not be, I've posted the indicator, and asking about repainting an hour after my...

Sorry but I was testing version 1, so I wrote the post and I did not see your new version.

Thank you very much for everything you are doing. Now I'm testing the new version.
  • #728
  • Oct 17, 2018 9:24am Oct 17, 2018 9:24am
Quoting SwingMan
{quote} No problem, it would be good to delete the posts ...

Yes I just deleted the older versions. Going through...
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  • #729
  • Edited 11:57am Oct 17, 2018 11:46am | Edited 11:57am
@SwingMan

RE sm3CandleBestLevelsHist V2:

Corrections:
1. We are given the option to Specify what uppertimeframes 1 & 2 should be, however there is no change when you select an option outside of the default. So I cannot, for instance, view only DAILY, WEEKLY and MONTHLY levels on an H1 Chart.

2. I think there is a slight issue in the code that sometimes causes a history level to be missed. Unfortunately I have to show you on a smaller TF for you to get what I'm saying. Please see attached chart.
Attached Image (click to enlarge)
Click to Enlarge Name: REPORT2.png Size: 48 KB
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  • #730
  • Oct 17, 2018 11:54am Oct 17, 2018 11:54am
For those who are trading/learning the strategy. Please do not underscore the power of the HISTORY LEVELS. S&R is about "REMEMBERED PRICES".

Look at what happened to GU today for example. On the H4 it was a rejected History best sell and then on the daily there were 2 History Best Buys in the same regions. This gives us lots of information to take a high probability Long Trade OR Protect Profits On Short Trades.

What you can do is have two charts, one showing history and one without, to avoid confusion. My modest suggestion.
Attached Image (click to enlarge)
Click to Enlarge Name: guhist.png Size: 50 KB
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  • #731
  • Oct 17, 2018 2:22pm Oct 17, 2018 2:22pm
Quoting simoneg
...We are given the option to Specify what uppertimeframes 1 & 2 should be, however there is no change when you select an option outside of the default. So I cannot, for instance, view only DAILY, WEEKLY and MONTHLY levels on an H1 Chart.
You must set the "Auto_UpperTimeFrame_Setting" on false.

For missed lines I must test live.
Please post also other charts, and write please the pair name. I think your broker is Pepperstone, if not tell me this to have the same prices on testing. Some line values are identical with mines, other not.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1_NOauto.PNG Size: 73 KB
  • #732
  • Oct 17, 2018 3:03pm Oct 17, 2018 3:03pm
Quoting SwingMan
{quote} You must set the "Auto_UpperTimeFrame_Setting" on false. For missed lines I must test live. Please post also other charts, and write please the pair name. I think your broker is Pepperstone, if not tell me this to have the same prices on testing. Some line values are identical with mines, other not. {image}

Ok I will adjust that setting. Sorry, the pair in the previous chart was GBPUSD. Broker is Pepperstone.
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  • #733
  • Oct 17, 2018 3:06pm Oct 17, 2018 3:06pm
Works great now with the Auto Adjust turned off. Thanks!
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  • #734
  • Oct 18, 2018 3:21am Oct 18, 2018 3:21am
hi simeoneg,
seem not to understand your entry/exit criteria,do you trade only on a particular TF or you take swing high/low on higher TF and enter on lower?
  • #735
  • Oct 18, 2018 3:36am Oct 18, 2018 3:36am
Quoting simoneg
For those who are trading/learning the strategy. Please do not underscore the power of the HISTORY LEVELS. S&R is about "REMEMBERED PRICES". Look at what happened to GU today for example. On the H4 it was a rejected History best sell and then on the daily there were 2 History Best Buys in the same regions. This gives us lots of information to take a high probability Long Trade OR Protect Profits On Short Trades. What you can do is have two charts, one showing history and one without, to avoid confusion. My modest suggestion. {image}
Great work as usual on the indicator SwingMan .....

As Simoneg has mentioned to everyone the historical levels are there for a valid reason as price tends to remember where it was or went. Just be careful to observe fundamentals for the pair you trade because historical and current best buy/sell indications/levels can easliy be blown out of the water due to news.

Other then that keep up the good work everybody

Rafaz
  • #736
  • Oct 18, 2018 4:17am Oct 18, 2018 4:17am
Quoting SwingMan
{quote} You must set the "Auto_UpperTimeFrame_Setting" on false. {image}
thank you, this little hint was important!
trading is like dancing, don't think and just listen to the music!
  • #737
  • Oct 18, 2018 4:32am Oct 18, 2018 4:32am
so after swingman has posted great indicators and nearly the version with which we will work i will share some observation with you.
of course i call them only "observation" because i am very new to this trading approach and view on the markets, introduced by our very helpful simone!

on GU H1 i saw first the best sell monthly (red line) with first holding good support and then turned to a good sell spot (three highlighted circles)

then i saw the great SwingPoint- signal above the best sell weekly level (yellow triangle)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 87 KB
trading is like dancing, don't think and just listen to the music!
  • #738
  • Oct 18, 2018 4:36am Oct 18, 2018 4:36am
or here GJ H1 chart observation:

the weekly best buy level was holding support, also the monthly best sell level was helping.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 91 KB
trading is like dancing, don't think and just listen to the music!
  • #739
  • Oct 18, 2018 4:39am Oct 18, 2018 4:39am
and here the GC H4 chart obseravtion:

see how the H4 candles always closed below the monhtly best sell level.
could this be the next serious resistance?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 80 KB
trading is like dancing, don't think and just listen to the music!
  • #740
  • Oct 18, 2018 5:06am Oct 18, 2018 5:06am
Quoting birdland
and here the GC H4 chart obseravtion: see how the H4 candles always closed below the monhtly best sell level. could this be the next serious resistance? {image}
Hi, thank you for sharing, in case the candle close above the monthly best sell level then we can look for bullish PA for buy?

inmon
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