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Attachments: Jackson Zones Trading
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Jackson Zones Trading

Quoting SwingMan
{quote} If you have time, please read first the documentation in #Post 1.
I did it right after the thread was formed. In conclusion, I conclude that successful trades are at odds with the probability that the indicator shows. The probability is roughly the same in both directions. Maybe I don't see it right.
Please excuse the bad English via Google Translate.
Hi Do you have the indicator for MT5
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
Quoting zamanib
Hi Do you have the indicator for MT5
No my friend, I have not.
smBodySwitch 3.5.0 Profit This Week: na
Strange case where I get a 100% resistance in zone 2 (!), but still 56% reached in zone 1 (?!).
Can this be due to the lack of samples ? (a CL3-OP2 is not that rare setup, tho....)
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ok I think i sorted it out.
100% of time, the D1 did close above zone 2.
Despite this, 56% of time, zone 1 was visited by the price.


Re-quoting this sentence :
Quote
- AchievedReached zone means that e.g. the High of a bar that reached zone 5.
- Resistance zone means that e.g. the Close of a bar that reaches zone 5.
Hello guys, modified "fibo_zone" for my use, zones not taken into consideration but added +/- "1.5*range" levels, in case You need it ...

Regards.
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Attached File
File Type: mq4 fibo_zone 150.mq4   2 KB | 139 downloads
Hi, I really love your indicators but these ones in particular are super! But I have some questions.

I've manually drawn the zones as described in the manual, just for my own comparison, but not all the lines match with the latest floorpivots indicator. Line 1 (green), line 3 (blue) and line 5 (red) match to the manual calculations, but lines 2 & 4 don't. So I was just wondering if the indicators follow the same principle as the high probability Fibonacci zones but just implement a different set of pivots.

hpfz.ex4 posted here https://www.forexfactory.com/thread/...3#post12619593 matches to the lines I manually draw, but those lines don't always coincide with calculations performed by the JacksonZones_v2.2 indicator which makes hpfz less useful. Here are some pictures, the first is hpfz and the second is floor pivots 3.0:
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I mainly use MT4 for charting U.S. stocks/ETFs etc. and I wonder if that could be contributing to some issue.
Quoting LearnALot
...I've manually drawn the zones as described in the manual, just for my own comparison, but not all the lines match with the latest floorpivots indicator. Line 1 (green), line 3 (blue) and line 5 (red) match to the manual calculations, but lines 2 & 4 don't.
@LearnALot
Thanks for your comments!
When you ask someone something, the first thing you should learn is that you provide the right information.
- Nobody can test your charts if you don't show the pair and the date.
- You write that you have drawn the zones manually. Is that true? You post lines of indicators in two charts and not manually drawn lines.
- If you have tested something manually, you have to tell what you have tested, but you write that the lines of one indicator do not match the other. This is not a test.

- A test is only possible if you manually calculate pivot lines and determine that lines 2 and 4 cannot have the same distance from the upper and lower lines.
// --- correct calculation of floor pivots, and that is also used in the Jackson Zones!
C = (cl + hi + lo) / 3; // PP #
E = C + (hi-lo); // R2 #
D = 2 * C -lo; // R1
B = 2 * C -hi; // S1
A = C - (hi-lo); // S2 #

- I don't know the formulas in the "hpfz" indicator. In your picture the lines 2 and 4 seem equidistant to the neighboring lines, and that reminds me of another formula for the pivot calculation, which I have set inactive. Maybe this is the right formula ...
C = (cl + hi + lo) / 3;
D = C + (hi-lo) / 2;
B = C - (hi-lo) / 2;
E = C + (hi-lo);
A = C - (hi-lo);

- Which version of the floorpivots did you test?
I post here the source code of the last version 3.0.

If you have time, please manually analyze the formulas and the numbers again, and maybe let us know how it is better.
Attached File
File Type: mq4 smNewPA FloorPivots_v3.0.mq4   22 KB | 299 downloads
smBodySwitch 3.5.0 Profit This Week: na
Quoting SwingMan
{quote} @LearnALot Thanks for your comments! When you ask someone something, the first thing you should learn is that you provide the right information. - Nobody can test your charts if you don't show the pair and the date. - You write that you have drawn the zones manually. Is that true? You post lines of indicators in two charts and not manually drawn lines. - If you have tested something manually, you have to tell what you have tested, but you write that the lines of one indicator do not match the other. This is not a test. - A test is only possible...
Sorry sir! Forgive me for my noob ways. Basically, I was calculating the pivots based upon page 3 here http://www.fibonaccitrader.com/journals/FTJ14.pdf (which used the second formula you've listed). I didn't know if these were considered Jackson zones or fib zones or what since the pdf didn't really make it clear. I made manual lines with your first formula and now I'm exactly matching with the indicator's results. Thanks for taking the time to clear my confusion!

I use MT4 for mostly non-forex instruments and so so many pivot indicators don't work properly, I'm a bit paranoid as a result.
Quoting LearnALot
...Basically, I was calculating the pivots based upon page 3 here http://www.fibonaccitrader.com/journals/FTJ14.pdf (which used the second formula you've listed). I didn't know if these were considered Jackson zones or fib zones or what since the pdf didn't really make it clear. I made manual lines with your first formula and now I'm exactly matching with the indicator's results...
Now I understand where your problem is!
Attached Image

Krausz uses a different formula than the Floor Traders and Jackson. Had you researched further, you would have found that on your own. One actually has to learn that and invest time ...
I used the classic formula, but Krausz's zones can be used just as well.
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Click to Enlarge Name: PivotPoints calculation.PNG Size: 26 KB
Attached File
File Type: pdf FibZone_Pivots.pdf   120 KB | 264 downloads
smBodySwitch 3.5.0 Profit This Week: na
hello Swingman,
I've not been able to get version 3.0 floor pivots to draw for just the current day
can you provide a solution please
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Quoting Le.Metier
hello Swingman, I've not been able to get version 3.0 floor pivots to draw for just the current day can you provide a solution please
- If you have a problem with an indicator, please write the full name, otherwise I'll have to guess what it's about.

- My Floor Pivot indicator for Jackson Zones must also show the zones for the previous day, so you cannot only draw the last day with this indicator.

- There are countless pivot indicators on the internet which only show the values for the last day.
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smBodySwitch 3.5.0 Profit This Week: na
  • Post #73
  • Quote
  • Edited at 5:34am Aug 11, 2020 4:32am | Edited at 5:34am
This posting has nothing to do with Jackson Zones!

At the request of @bobydegood, the ZigZag indicator "smZigZag-Bionics_v4.3.1" was changed and posted here so that the @Bionics thread
https://www.forexfactory.com/thread/...key-to-success
is not burdened.

The numbers mean (ATR sum / number of candles).

I made another option:
- If Close> Open, sumATR = sumATR + barATR
- If Close <Open, sumATR = sumATR - barATR
I have no idea whether that will help, @bobydegood has to test and report to us.
Attached Images (click to enlarge)
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Attached File
File Type: ex4 smZigZag-bobydegood_v1.0.ex4   29 KB | 219 downloads
smBodySwitch 3.5.0 Profit This Week: na
New version "smZigZag-bobydegood_v1.1"

- I did the count with the first bar after the ZigZag, please check.

Parameter "Consider_RedGreen_Candles":
- If a bar is green, add the ATR to sumATR
- If a bar is red, subtract the ATR from sumATR
The sumATR result is divided by the number of bars.
Attached Image (click to enlarge)
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Attached File
File Type: ex4 smZigZag-bobydegood_v1.1.ex4   28 KB | 341 downloads
smBodySwitch 3.5.0 Profit This Week: na
Once again SM, thank you very much for your selfless support and contribution to the members FF community. Honestly, I do not know what this site could've been without people like you.

First of all, the concept of "Consider_RedGreen_Candles" is superb. it clearly makes more sense now. I suggest, anyone who is interested in this indi. to pay very good attention to it.

To SM, I'VE checks the V1.1 version it's superb also. Many many thanks and more grease to your elbow. If anyone is wondering the different btw v1.0 and v1.1 - pls check the attachment below.

For anyone who is interested in trying out this indicator, pls do so in demo first, with a simple Effort vs Rewards approach you are good to go.

Although at the early stage of it. there should be other possible strategy and nuance that goes with it. I suggest you try this indicator on a demo first and share your opinion, so we can collectively get the best out of this indi. Hopefully the oscillator of this indi. will follow suit soon at the convenient of SM.

Thanks to @Bionics as the pioneer. But the biggest thanks goes to SwingMan as the Magician who makes things happen. you can't beat it...The man is too much.
Attached Image (click to enlarge)
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oops... forgot the attachment
New Oscillator "smZigZag-bobydegoodOsc_v1.0"

The oscillator as a histogram corresponds to the ZigZag oscillator.

The parameter "Consider_RedGreen_Candles = true" was set in the chart.
Have fun testing, and please explain what you can do with it ...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1-ZigZagOsc.png Size: 71 KB
Attached File
File Type: ex4 smZigZag-bobydegoodOsc_v1.0.ex4   25 KB | 407 downloads
smBodySwitch 3.5.0 Profit This Week: na
Quoting bobydegood
{image} oops... forgot the attachment
it may give the trader an idea of when a retrace will occur

how do you use it boby?
Hello everyone,

First of all, thank you very much, SM for your swift response in regards to smZigZag-bobydegoodOsc_v1.0.ex4. I just downloaded it. And I will be jumping right into it to run-test it. In regards to your request " please explain what you can do with it ..." I have attached some explanation. after my run test, I have to come up with some nuance in regards to the values this indicator generates..... these values are not entirely random after all.

I use the word effort vs rewards often... in case if anyone is not familiar with such strategy or terms pls watch "David Weis" on wave principle.https://www.youtube.com/watch?v=uzISUr1itWg

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These ANGLES don't have to have equal sides
Hello SwingMan,
how are you? hope you are good?
pls, I know you are a very busy man. And am also grateful for your help and assistance towards me.

I am requesting for one more help regarding the attached indicator.
pls, help me modify this indi. and also build a new ZigZag-ADX.
The reason and the idea is in attached diagrammed below.

Once again thank you for your unrelenting support, pls attend to my request at your own due time.

Many thanks in advance.

Boby.
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Click to Enlarge Name: adx dash 3.PNG Size: 118 KB
Attached File
File Type: mq4 FXTT_Fx_Scanner.mq4   77 KB | 114 downloads
Attached File
File Type: ex4 FXTT_Fx_Scanner.ex4   80 KB | 89 downloads
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