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  • #1,181
  • Oct 27, 2007 11:37am Oct 27, 2007 11:37am
Quoting HerbertH
Do tell us what this deleted post was all about in a new post.
Then for sure you will have a new record set today: 2 deleted postings

I asked nicely, but next time I will think again before doing that...
Phew, let me try to rephrase what you exactly want it to do:

If I understand you correctly, you want the logical AND relation of the CCI and the PSAR:
If the CCI of the forlast (last closed) candle is opposite to the trade direction AND current price penetrates the PSAR, the order should be closed.
If this is the case and you do want this all to happen in the same TimeFrame, then this is easy to do.

"Please" comment
Herbert
LOL, I love this Herb!

IF the CCI reaches a certain level THEN trigger the PSAR and let it run until the end of the candle.
IF the PSAR is hit during that time, it will close the trade (end of game)!
IF the PSAR is NOT hit by the price and the CCI has fallen back to normal level (below the trigger) then STOP the process; ELSE restart a further PSAR session for the following candle.

That is nearly code ... gnahaha!! ROTFL!!
Love commenting!
Gnaty

Hello benssol, man with the big cigar!
  • #1,182
  • Oct 27, 2007 11:46am Oct 27, 2007 11:46am
Quoting Gnat
LOL, I love this Herb!

IF the CCI reaches a certain level THEN trigger the PSAR and let it run until the end of the candle.
IF the PSAR is hit during that time, it will close the trade (end of game)!
IF the PSAR is NOT hit by the price and the CCI has fallen back to normal level (below the trigger) then STOP the process; ELSE restart a further PSAR session for the following candle.

That is nearly code ... gnahaha!! ROTFL!!
Love commenting!
Gnaty

Hello benssol, man with the big cigar!
I think thats what I just said, it took you only 32KB extra memory space to code it
(You wouldn't have survived in the "old days" when available memory was scarce !!)

Let me code it (properly this time hihihi) and then you may test it first, since you volunteerd.
  • #1,183
  • Oct 27, 2007 11:50am Oct 27, 2007 11:50am
Quoting HerbertH
I think thats what I just said, it took you only 32KB extra memory space to code it
(You wouldn't have survived in the "old days" when available memory was scarce !!)

Let me code it (properly this time hihihi) and then you may test it first, since you volunteerd.

ROTFL thanks... I was only good enough to program the menues back in school. In Turbo Pascal!

Very nice!
Matts
  • #1,184
  • Oct 27, 2007 11:53am Oct 27, 2007 11:53am
OK tis time for me to ask the question or forever keep my peace (is that correct?)

Anyway, what is the psar trailing stop exactly ?

I know of the psar indicator (the dot thing) and I understand what trailing stops are : ok so the marriage of the 2 = what you're both talking about? Let's say I was 5 years old.......
  • #1,185
  • Oct 27, 2007 11:56am Oct 27, 2007 11:56am
Quoting Qpip
OK tis time for me to ask the question or forever keep my peace (is that correct?)

Anyway, what is the psar trailing stop exactly ?

I know of the psar indicator (the dot thing) and I understand what trailing stops are : ok so the marriage of the 2 = what you're both talking about? Let's say I was 5 years old.......
Herb... your part!

Bringing the kids to bed now. Be back in a sec.!
  • #1,186
  • Oct 27, 2007 12:16pm Oct 27, 2007 12:16pm
Quoting Qpip
OK tis time for me to ask the question or forever keep my peace (is that correct?)

Anyway, what is the psar trailing stop exactly ?

I know of the psar indicator (the dot thing) and I understand what trailing stops are : ok so the marriage of the 2 = what you're both talking about? Let's say I was 5 years old.......
Uups... Herb popped off on that!
I will get something to you later on. Guess I will have to bring some old posts back together too!
I was really just joking - not about the kids... but about it being "his turn".

Ersma!
Gnat
  • #1,187
  • Oct 27, 2007 12:25pm Oct 27, 2007 12:25pm
I forgot to logout (again), I'm watching TV, some old movie...
See ya tomorrow!

- finnfx
If you want to win you need a Finn (an old English saying from the 60's)
  • #1,188
  • Oct 27, 2007 12:27pm Oct 27, 2007 12:27pm
Quoting finnfx
I forgot to logout (again), I'm watching TV, some old movie...
See ya tomorrow!

- finnfx
LOL Have fun!
  • #1,189
  • Oct 27, 2007 12:39pm Oct 27, 2007 12:39pm
Quoting Qpip
OK tis time for me to ask the question or forever keep my peace (is that correct?)

Anyway, what is the psar trailing stop exactly ?

I know of the psar indicator (the dot thing) and I understand what trailing stops are : ok so the marriage of the 2 = what you're both talking about? Let's say I was 5 years old.......
Dear Pipsy & Gentlemen!

Our indicator tonight and as like as a lot of the previous indicators was introduced by Welles Wilder in his book “New Concepts in Technical Trading Systems”. It’s the Parabolic SAR indicator.
What’s the Parabolic SAR indicator?

The word SAR stands for “Stop And Reverse” and this name clearly indicates the functionality of the indicator.

The Parabolic SAR indicator follows the trend and stops when the trend near to reverse.

The above sentence telling us all about the Parabolic SAR indicator:

1- The trend must be exist first before relying on the Parabolic SAR; which means the Parabolic SAR works perfectly in the trending markets and times while it works very bad when the market start to move sideways.

2- The Parabolic SAR indicator has no answer for the questions “When to enter the market?” and “Is the market trending or not?” but it has a very good answer to one of the most important questions “When to exit the trade?”.

The Parabolic SAR indicator in MetaTrader takes two of the parameters that used in its calculation:

Step: This is the acceleration factor used in calculating the Parabolic SAR, The higher the Step value is set, the more sensitive the indicator will be to price changes. Wilder recommends setting the Step parameter to .02.

Maximum: This is the value of reverse when the Parabolic SAR reach it. Wilder recommends setting the Maximum to parameter to.20.

The calculation of indicator then uses one of two formulas depending on is it long or short position:
Long:
SAR(i) = SAR(i-1)+Step*(HIGHEST(i-1)-SAR(i-1))
Short:
SAR(i) = SAR(i-1)+Step*(LOWEST(i-1)-SAR(i-1))

How to use the Parabolic SAR indicator?

The main usage of the Parabolic SAR indicator is as a trailing-stop technique which means the Parabolic SAR will tell you the best time to exit your trade by giving you the best value to trail your stop losses.

At the beginning of the trend the Parabolic SAR dotes are far from the price hence there’s a room for your trailing stop to be wider. As the trend goes weaker the Parabolic SAR dotes come near to the price and you’ll have a tighter trailing stop.

When the Parabolic SAR dotes goes below the price you use its value to trail stop your long position.

When the Parabolic SAR dotes goes above the price you use its value to trail stop your short position.

Well, guess I bored you all to death!
G'night!
Gnat
  • #1,190
  • Oct 27, 2007 12:46pm Oct 27, 2007 12:46pm
Quoting Gnat
Dear Pipsy & Gentlemen!


At the beginning of the trend the Parabolic SAR dotes are far from the price hence there’s a room for your trailing stop to be wider. As the trend goes weaker the Parabolic SAR dotes come near to the price and you’ll have a tighter trailing stop.

Gnat
Fabulous stuff. I haden't thought of the Tsar as an exit possibility (although you have been talking about it for a month) since I had only used it for entries (and dismissed the whole experience as BAD)

Very interesting....................... Thanks so much for making this clear.

And I'm sure Herb didn't "pop off" because of what you said LOL he's busy doing what he knows best and that's CODING your idea !!! Great stuff !!! AM TOTALLY EAGER TO TEST THIS BEAST (and I won't ask in what regards the CCI interacts, I'll just watch it when I get it and I'll figure it out hopefullY)

Thanks fer sharing gnatious,
  • #1,191
  • Oct 27, 2007 1:00pm Oct 27, 2007 1:00pm
Quoting Qpip
Fabulous stuff. I haden't thought of the Tsar as an exit possibility (although you have been talking about it for a month) since I had only used it for entries (and dismissed the whole experience as BAD)

Very interesting....................... Thanks so much for making this clear.

And I'm sure Herb didn't "pop off" because of what you said LOL he's busy doing what he knows best and that's CODING your idea !!! Great stuff !!! AM TOTALLY EAGER TO TEST THIS BEAST (and I won't ask in what regards the CCI interacts, I'll just watch it when I get it and I'll figure it out hopefullY)

Thanks fer sharing gnatious,
No problem, Schnucki!

But how do you always seem to be offline and then all of a sudden post something!? There is something wrong there... that is why I mentioned about boring others to death!!

The CCI may actually trigger a session for the Paraclyptic National Safe and Rescue and so help keeping the trailingstop only in times of trouble.

Nice to have you on board here!

Gajus Volcatius Gnattus
  • #1,192
  • Oct 27, 2007 1:06pm Oct 27, 2007 1:06pm
Quoting Gnat
The CCI may actually trigger a session for the Paraclyptic National Safe and Rescue and so help keeping the trailingstop only in times of trouble.

Quoting Gnat
But how do you always seem to be offline and then all of a sudden post something!? There is something wrong there... that is why I mentioned about boring others to death!!
No idea but I haven't left the room since 9 EST this mornin'

nb: I wanted to "test" the feature we have in our profile, it says "send comment" or something like that, I'm intrigued as to "where " the comment ends up ???
  • #1,193
  • Oct 27, 2007 1:12pm Oct 27, 2007 1:12pm
So to paraphrase both of you (ignatious and HerbTightestCodeMan of da UNIVERSE)

The CCI is the first emergency rescue team member to arrive at the scene of the fire (below or above 100) Then if he smells danger, he calls up the Diabolic PTAR which then comes into action and checks it the price is coming near to BURNING (he doesn't like being burned, like all of us). So if burned, he gets furious and closes everything out, but if he doesn't get burned, he waits cautiously for a while, then goes back to bed. CCI is then left alone and ....... oops I don't remember the end of th story... lemme go re-read both your posts.
  • #1,194
  • Oct 27, 2007 1:13pm Oct 27, 2007 1:13pm
Quoting Qpip


No idea but I haven't left the room since 9 EST this mornin'

nb: I wanted to "test" the feature we have in our profile, it says "send comment" or something like that, I'm intrigued as to "where " the comment ends up ???

It's amazing to know that even if I do not logg out, I am visible all night (same with Finny)!
And you just fade out and fade back in... You have bought the surplus gimmicks package from FF, right?
So just try the comments thingy out. Maybe I do not even have it!?! LOL
Type something slightly decent, in case it ends up with merlin and smjones!

Gnatster
  • #1,195
  • Oct 27, 2007 1:18pm Oct 27, 2007 1:18pm
Quoting Qpip
So to paraphrase both of you (ignatious and HerbTightestCodeMan of da UNIVERSE)

The CCI is the first emergency rescue team member to arrive at the scene of the fire (below or above 100) Then if he smells danger, he calls up the Diabolic PTAR which then comes into action and checks it the price is coming near to BURNING (he doesn't like being burned, like all of us). So if burned, he gets furious and closes everything out, but if he doesn't get burned, he waits cautiously for a while, then goes back to bed. CCI is then left alone and ....... oops I don't remember the end of th story... lemme go re-read both your posts.
I'm quoting myself heheheh. Anyway, I love the end of the story. It's a BEAUTIFUL ending and it's a PERFECT ending. Miraculous. Fabulous. CCI goes to bed until the next fire and let's the price continue on its way or PSAR comes back on next candle if the same conditions are met and trails the price with this fireman hose once again and the circus continues. It's truly a beautiful story.

Can't wait for Herb to finish his tedious, meticulous but ah so much appreciated work....................
  • #1,196
  • Oct 27, 2007 1:19pm Oct 27, 2007 1:19pm
Quoting Gnat

It's amazing to know that even if I do not logg out, I am visible all night (same with Finny)!
And you just fade out and fade back in... You have bought the surplus gimmicks package from FF, right?
So just try the comments thingy out. Maybe I do not even have it!?! LOL
Type something slightly decent, in case it ends up with merlin and smjones!

Gnatster
LOL I wanted to and I was about to click send, then I thought OOPs that's prolly to send a complaint (and I was in my own profile............)
  • #1,197
  • Oct 27, 2007 1:20pm Oct 27, 2007 1:20pm
Quoting Qpip
So to paraphrase both of you (ignatious and HerbTightestCodeMan of da UNIVERSE)

The CCI is the first emergency rescue team member to arrive at the scene of the fire (below or above 100) Then if he smells danger, he calls up the Diabolic PTAR which then comes into action and checks it the price is coming near to BURNING (he doesn't like being burned, like all of us). So if burned, he gets furious and closes everything out, but if he doesn't get burned, he waits cautiously for a while, then goes back to bed. CCI is then left alone and ....... oops I don't remember the end of th story... lemme go re-read both your posts.
Brilliant until then...

Firemen analogies are so "plastic"!!

The CCI is then calling for the Fire-SWATTY again, if fire restarts either instantly on the next candle or later on, until the trend is really over and then Firediabolic-SWATTY is closing the deal in the end.
Only to be alerted soon after by CCI-Firewatch Hawaii again on the trade that goes into the opposite direction and feels like retracing a bit!

Yeha!!
Gnat
  • #1,198
  • Oct 27, 2007 1:23pm Oct 27, 2007 1:23pm
Quoting Qpip
I'm quoting myself heheheh. Anyway, I love the end of the story. It's a BEAUTIFUL ending and it's a PERFECT ending. Miraculous. Fabulous. CCI goes to bed until the next fire and let's the price continue on its way or PSAR comes back on next candle if the same conditions are met and trails the price with this fireman hose once again and the circus continues. It's truly a beautiful story.

Can't wait for Herb to finish his tedious, meticulous but ah so much appreciated work....................
This is more like the good old afternoon films on Sunday - but the ending is the same! A little less hectic but with a trifle more of romance!

  • #1,199
  • Oct 27, 2007 1:45pm Oct 27, 2007 1:45pm
Quoting Gnat
This is more like the good old afternoon films on Sunday - but the ending is the same! A little less hectic but with a trifle more of romance!

Piptress ... I need to hopp off to bed (bad) now! Tmorrow there is a soccermatch for my Rasmus and I will have to get up really early to make it in time to (you will like that name!!) Quickborn(!!) for the match.
Look it up on Google-Earth - there is a Quickborn just north west of Hamburg!

G'night!!
GMats
  • #1,200
  • Oct 27, 2007 1:49pm Oct 27, 2007 1:49pm
Quoting Gnat
Piptress ... I need to hopp off to bed (bad) now! Tmorrow there is a soccermatch for my Rasmus and I will have to get up really early to make it in time to (you will like that name!!) Quickborn(!!) for the match.
Look it up on Google-Earth - there is a Quickborn just north west of Hamburg!

G'night!!
GMats
OK my good friend have a super restful night and a glorious soccer day 2-tomorrow, I will surely look up this tiny place on earth where I will ZOOM in so much I'll see the top of your head heheh. SEE YA!
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