SRDC Episode I | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SRDC II Channel of the day 74 replies

Discussion on EA pertaining to SRDC methods 40 replies

Discussion on Indicators pertaining SRDC 62 replies

SRDC II Journal for All 11 replies

SRDC II Charts posting and discussion pertaining to it 37 replies

Attachments: SRDC Episode I
Exit Attachments

SRDC Episode I

  • #401
  • Nov 15, 2006 4:51pm Nov 15, 2006 4:51pm
Quoting Lou G
Nothing like the ones you have posted - yours look like Andrews Pitchfork (are they?) and I have never seen an indicator that will draw it. If anyone has such an indicator, let us all see it.
No, Im afraid not. Im using Equidistant Channel and a simple trendline to draw the mid channel. Messa sense, many newbies will be confuse when drawing the channel. Hope we can find an indicator that will do it automatically.

Hapi pipping!!
Change Your Thinking. Change Your Life - JD
  • #402
  • Nov 15, 2006 4:52pm Nov 15, 2006 4:52pm
Quoting OrangeRoshan
No, Im afraid not. Im using Equidistant Channel and a simple trendline to draw the mid channel. Messa sense, many newbies will be confuse when drawing the channel. Hope we can find an indicator that will do it automatically.

Hapi pipping!!
that answers my question. thanks.
  • #403
  • Nov 15, 2006 5:56pm Nov 15, 2006 5:56pm
Why don't you use the one Strato did for his Juice system - Strato Shi_channel should work for you.

Cheers
Attached File(s)
File Type: mq4 Strato SHI_Channel_true.mq4   5 KB | 948 downloads
  • #404
  • Nov 15, 2006 9:09pm Nov 15, 2006 9:09pm
I am not sure if I am doing it right, but I tried to do the channel for EURUSD
Attached Image
  • #405
  • Nov 15, 2006 9:55pm Nov 15, 2006 9:55pm
hi OrangeRoshan,

its about channel, at what timeframe actually should we draw it.
  • #406
  • Nov 15, 2006 10:25pm Nov 15, 2006 10:25pm
The SRDC indicator posted below will allow the user to modify the period end time and thus adjust for different time zones. Default is 23 meaning "use the close of the bar at hour 23:00 as end of day". This will default to your server time. Sounds confusing but isn't - just set the StartTime variable to the hour preceding when you would like the day to end on your chart.
Attached File(s)
File Type: mq4 #SRDC_Indicator_1.1.mq4   2 KB | 835 downloads
Old Benjamin was right
  • #407
  • Nov 15, 2006 10:35pm Nov 15, 2006 10:35pm
Sorry, make that the hour you want the new day to start...don't forget, there is no 24 - midnight is zero
Old Benjamin was right
  • #408
  • Nov 16, 2006 2:58am Nov 16, 2006 2:58am
Quoting Markj
Why don't you use the one Strato did for his Juice system - Strato Shi_channel should work for you.

Cheers
Yes, Its perfect!! Its amazing wat we can achieve when everybody help each other. You just help to excel the learning curve of many newbies.


Pipastic!
Change Your Thinking. Change Your Life - JD
  • #409
  • Nov 16, 2006 3:00am Nov 16, 2006 3:00am
Quoting iwanqf
hi OrangeRoshan,

its about channel, at what timeframe actually should we draw it.
Use the strato Indicator, That should solve your problem.

Many pips fall upon you
Change Your Thinking. Change Your Life - JD
  • #410
  • Nov 16, 2006 3:02am Nov 16, 2006 3:02am
Quoting etoilethay
I am not sure if I am doing it right, but I tried to do the channel for EURUSD
Try and use candles, easier for most (i hope, certainly for me).

Use the strato indicator.

Warp speed to riches!!
Change Your Thinking. Change Your Life - JD
  • #411
  • Nov 16, 2006 3:04am Nov 16, 2006 3:04am
Quoting AlexFX
Hey Orange,

Are L1, L2 and L3 the channel lines from top to bottom, please clarify.

Regards and may the pips be with you.

Alex
L-Levels in SRDC
Change Your Thinking. Change Your Life - JD
  • #412
  • Nov 16, 2006 5:06am Nov 16, 2006 5:06am
Orange,

So how do we use the Strato for SRDC or do we have to wait for the sequel?

All 4 1 and 1 4 All
  • #413
  • Nov 16, 2006 5:23am Nov 16, 2006 5:23am
Lou,

Thank you for sharing the updated version. I have one question....I changed the default to 17 (my new candle starts at 5pm est in the US) but is not showing on my chart. Is this because it will not show until 5pm today?

All 4 1 and 1 4 All
  • #414
  • Nov 16, 2006 7:36am Nov 16, 2006 7:36am
Quoting 4rex
Lou,

Thank you for sharing the updated version. I have one question....I changed the default to 17 (my new candle starts at 5pm est in the US) but is not showing on my chart. Is this because it will not show until 5pm today?

Not sure I understand the question. At what time EST do you want the prices to change? Your MT4 server is on GMT+2 (7 hours ahead of you) so adjust accordingly. OrangeRoshan indicated in an earlier post that he didn't feel time zone changes made much difference in the functioning of his method but if you really want to make midnight happen at another time, change the StartTime variable relative to your server.
Old Benjamin was right
  • #415
  • Nov 16, 2006 7:41am Nov 16, 2006 7:41am
Attached is the latest (and final) SRDC indicator.

Default StartTime set to zero (best for most users). New day will start when your server says it does! If it ain't broke, don't fix it...

Additional fib line added at 55 pips above/below. Some days do get to this level - look and see.
Attached File(s)
File Type: mq4 #SRDC_Indicator.mq4   3 KB | 799 downloads
Old Benjamin was right
  • #416
  • Nov 16, 2006 8:34am Nov 16, 2006 8:34am
If you will send some EURUSD charts to my email with your trend lines drawn, I will attempt to code an indicator. Please make them good resolution (600x600 or better) - the ones you have posted are very small and hard to read. Enjoy your travels...
Old Benjamin was right
  • #417
  • Nov 16, 2006 3:20pm Nov 16, 2006 3:20pm
I think that SHI_Channel could be really usefull to improve SRDC method but I found out that it changes slope so many times in one days , so it became useless to identify a trend. Any suggest on how to correct it or if there is a new version that don't change slope a lot of time in a day?
  • #418
  • Nov 16, 2006 3:27pm Nov 16, 2006 3:27pm
Quoting pipraker
The top and bottom of the candle seems to get me in/out of the trade quicker.

I am exiting when you are entering.
Yes thats true, but what happens when it is a reversal?

Level 2 has a method of entering early, safer. Nethertheless, yes you can do that too... when it work 4u.
Change Your Thinking. Change Your Life - JD
  • #419
  • Nov 16, 2006 3:28pm Nov 16, 2006 3:28pm
Quoting skyline
I think that SHI_Channel could be really usefull to improve SRDC method but I found out that it changes slope so many times in one days , so it became useless to identify a trend. Any suggest on how to correct it or if there is a new version that don't change slope a lot of time in a day?
Correctly spot. anyone knows know how to make it static?
Change Your Thinking. Change Your Life - JD
  • #420
  • Nov 16, 2006 3:31pm Nov 16, 2006 3:31pm
It really does rake in the pips.
Attached Image
THE GAME NEVER ENDS.
0 traders viewing now