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Indicator Free Trading - Skunny

  • #701
  • Dec 26, 2007 11:21am Dec 26, 2007 11:21am
Quoting SBrickman
Some of us can code(hunt) but can't trade(fish).

Some of us can trade but can't code.

A few of us can do both. Some can't do either.

IMHO, people aren't here to learn to code, they are here to learn to trade.

If the coders help the traders, we'll move along faster.

But when ONE person doesn't share, it make some of us(ME) reluctant to share.

You are been asked by a few people to share something that's probably simple. I believe most are here to trade and not code. Coding can be very frustrating even to experienced programmers. We are not asking you to give us a fish, we are asking for a piece of meat.

I have created a bunch of indicators I will be happy to share when you post the buyers/sellers code.

The ball is in your court.
I understand your frustration/reluctance here SBrick, but the one thing I've learned is that you can't make people do what they don't want to do. As Yoda (I think?) said, we either "do" or "not do". Don't let the actions or inactions of others dictate your own course.

Thanks for your efforts!
  • #702
  • Dec 26, 2007 12:42pm Dec 26, 2007 12:42pm
Quoting SBrickman
Some of us can code(hunt) but can't trade(fish).

Some of us can trade but can't code.

A few of us can do both. Some can't do either.

IMHO, people aren't here to learn to code, they are here to learn to trade.

If the coders help the traders, we'll move along faster.

But when ONE person doesn't share, it make some of us(ME) reluctant to share.

You are been asked by a few people to share something that's probably simple. I believe most are here to trade and not code. Coding can be very frustrating even to experienced programmers. We are not asking you to give us a fish, we are asking for a piece of meat.

I have created a bunch of indicators I will be happy to share when you post the buyers/sellers code.

The ball is in your court.
SBrickman,

looking around the mql4.com site it looks like waddahattar has authored a buy/sell volume indicator that may be similar.....do you think that is where forexlion is extrapolating his buyers vs. seller numbers from???
trading naked.......
  • #703
  • Dec 26, 2007 12:53pm Dec 26, 2007 12:53pm
Quoting piphitman
SBrickman,

looking around the mql4.com site it looks like waddahattar has authored a buy/sell volume indicator that may be similar.....do you think that is where forexlion is extrapolating his buyers vs. seller numbers from???
http://i12.tinypic.com/729qjcj.gif

I found it, modified it to display in digital form and then posted them on this thread to share with all. I am not sure it's the same as the other post. I don't understand the reluctance to share. Wizard of Oz complex perhaps?
  • #704
  • Dec 26, 2007 12:54pm Dec 26, 2007 12:54pm
http://i5.tinypic.com/72bk7it.gif

I have created the FIB MULTI indicator that displays the fib position of the currency pair on 7 different periods.

The numbers are the fib levels expressed as a percentage. The bars are just a visual. Green is 100% or higher. Red is 0% or lower.
  • #705
  • Dec 26, 2007 2:05pm Dec 26, 2007 2:05pm
Quoting SBrickman
This display shows the candle colors on multiple time frames. I'll be working on displaying support resistances and fibs on multiple time frames.
The yellow, red and green indicators remind me of Premier Trade. That was how I was introduced to forex 2 years ago and I still can't trade...lol..
  • #706
  • Dec 26, 2007 2:48pm Dec 26, 2007 2:48pm
Hey hope all is well!

Sbrick your stuff looks prety interesting! I am assuming since I a complete neophyte with indicators that All red sell all green buy?

Do you think you should start/move your stuff in a new thread? I was only asking since this is "indicator free trading" and in no way discounting your work. Quite the contrary, I am very interested in watching it develop.

how is the manual charting /testing going for everyone?

Sizz
  • #707
  • Dec 26, 2007 3:17pm Dec 26, 2007 3:17pm
Quoting sizzler
Hey hope all is well!

Sbrick your stuff looks prety interesting! I am assuming since I a complete neophyte with indicators that All red sell all green buy?

Do you think you should start/move your stuff in a new thread? I was only asking since this is "indicator free trading" and in no way discounting your work. Quite the contrary, I am very interested in watching it develop.

how is the manual charting /testing going for everyone?

Sizz
It's not about the indicator/code, it's all about the trade. I just prefer to make the computer do what it can so I can focus on the trade. Having the computer plot sup/res/fib lines and display the values is not using "indicators" per se. It just saves the trader a lot of time. I never intended to hurt this thread. My intention was to help by supplying tools that traders could use. Unfortunately, some people don't want to share so we all are held back. But I posted enough sup/res/fib code to give everyone the necessary tools. My FIB MULTI METER just keeps you from having to look at multiple charts repeatedly. I was hoping to share code so other programmers could enhance/modify what I have done as I have enhanced/modified what others have done.

No, the green/red is not a trade trigger... it just indicates where the price is relative to the fib lines from the previous period.
  • #708
  • Dec 26, 2007 3:57pm Dec 26, 2007 3:57pm
Would you guys stop flooding this thread with charts of indicators please!

The thread is about awareness of price action not automation with mt.

Please take indicators and debates about sharing software somewhere else.
  • #709
  • Dec 26, 2007 4:08pm Dec 26, 2007 4:08pm
Yea, PA not this...
  • #710
  • Dec 26, 2007 4:15pm Dec 26, 2007 4:15pm
Quoting kiwi_trader
Would you guys stop flooding this thread with charts of indicators please!

The thread is about awareness of price action not automation with mt.

Please take indicators and debates about sharing software somewhere else.
Message received.
  • #711
  • Dec 26, 2007 5:09pm Dec 26, 2007 5:09pm
Sbrickman


I would be very happy to see you start a new thread. Your work is very interesting.



Quoting SBrickman
Message received.
  • #712
  • Dec 26, 2007 5:21pm Dec 26, 2007 5:21pm
Quoting fxprocessor
Sbrickman


I would be very happy to see you start a new thread. Your work is very interesting.

I asked 3 times about starting a companion thread and struck out. Obviously, it wasn't a well received idea.
  • #713
  • Dec 26, 2007 5:27pm Dec 26, 2007 5:27pm
Quoting fxprocessor
Sbrickman


I would be very happy to see you start a new thread. Your work is very interesting.

I second that.
  • #714
  • Dec 26, 2007 5:46pm Dec 26, 2007 5:46pm
Quoting fxprocessor
Sbrickman


I would be very happy to see you start a new thread. Your work is very interesting.
I wholeheartedly agree and, I have done quite a bit of coding, and would be glad to help you out with your work in any way I can.

I'm interested, just waiting to really really learn how to use this stuff before I devote any time to programming.
  • #715
  • Dec 26, 2007 6:53pm Dec 26, 2007 6:53pm
Quoting blueruby
I wholeheartedly agree and, I have done quite a bit of coding, and would be glad to help you out with your work in any way I can.

I'm interested, just waiting to really really learn how to use this stuff before I devote any time to programming.
All I was trying to do was learn how Skunny used fibs/Sup/Res. It seemed interesting. So I coded the fib projections. That's all. Nothing fancy. Guess I got excited. Didn't intend to step on toes.
  • #716
  • Dec 26, 2007 7:08pm Dec 26, 2007 7:08pm
Quoting SBrickman
All I was trying to do was learn how Skunny used fibs/Sup/Res. It seemed interesting. So I coded the fib projections. That's all. Nothing fancy. Guess I got excited. Didn't intend to step on toes.
What you have created is a way to save time for our PA analysis...the indicators you created just show what we are doing manually anyway.

Thank you.

PS. Here is something I found that I believe shows sup/res levels...I really don't know...if it useful to you or you know what it does, please let me know.

Sorry if I offended anyone by posting this...I tried to send it to him by private message but it wouldn't let me.
Attached File(s)
File Type: mq4 RIDI_LEVELS_MT4.mq4   14 KB | 813 downloads
File Type: ex4 RIDI_LEVELS_MT4.ex4   18 KB | 485 downloads
  • #717
  • Dec 26, 2007 8:49pm Dec 26, 2007 8:49pm
Quoting RickW00716
What you have created is a way to save time for our PA analysis...the indicators you created just show what we are doing manually anyway.

Thank you.

PS. Here is something I found that I believe shows sup/res levels...I really don't know...if it useful to you or you know what it does, please let me know.

Sorry if I offended anyone by posting this...I tried to send it to him by private message but it wouldn't let me.

It looks like it may be using a form of linear regression and/or standard deviation (that's a guess) for the week, day and chart period.

Thanks.

P.S. good thing you didn't post a chart...LOL!
  • #718
  • Dec 26, 2007 8:54pm Dec 26, 2007 8:54pm
I understood or maybe misunderstood that if the PA is moving up, I was to find the last up movement on that TF and Fib that and do the extensions and that would be your resistance points and take profits etc. and the opposite for a down move. Also to go to higher TF and do the same. It seems to agree with PA as it goes up or down and in paper trading seems to give nice pips and be very accurate so far. Is that anything close to what has been alluded to so far? I used to fib only the current move or day or current hi to low and it was ok but not as accurate as this seems to be. I am extremely excited about this and hope I can figure out what Skunny is trying to teach us. Thank you!!
Nikki
  • #719
  • Dec 26, 2007 10:17pm Dec 26, 2007 10:17pm
Hey,

Wow Sbrickman sounds like a companion or break off thread is being hollered ( yeah i said hollered) for. Get er did! Do what works for you there is no "right" way. No apologies no prisoners this is SPARTA!!!!! er....

I am fiddle fartzing trying to digest the 30 lbs of food I have eaten over the last two /three days it is all I can do to drink heavily!

I wanted to post my observations ( which are still incomplete) since I have 2 more test cycles to finish and one live trade before I can give concrete answers that is unless testing yield more problems... which of course will yield MMMMMMMMOOOOREEE testing!!!, but I love testing so I will attack it. like that poor prime rib.... sigh..."burp"

My hope is that either someome will see these and go "eureka" on a tough thought oooor that I am an EEEEdiot.
Fibs ( no observations on PA or s/r)


1.) Cycles inside of cycles so obvious now. this should answer a lot of ?s

2.) Swing high and low eazy peazy lemon squeezy. This is dynamic as range moves

3.) fibs can be drawn low to high and high to low just walk em out logically new erases old.

4.) make sure you step back and see what cycle you are in. NOW doesn;t consititute a new cycle.

5.) IMO this basically is a measuring tool that confirms/describes/articulates things you can see in the market already. It isn't magic. It is effing sweet though and really cranks it up a notch. (for me)

Not so different then Seeing a pattern and then looking at the chart and saying well... that says short and based on the chart here is a really likely place for tp and sl based on xyz.

If that is beyond you you need to put fibs down and work on that leading to...

6.) It is hard for me to see how someone who is indicator based would digest this concept and use it properly.

I feel that having a PASR background it a natural begining. (IMHO) so if this is you and you are having problems... maybe...yes... put the macd down...yeah thats rig. hey..no no! PUT IT DOWN!!!! sheesh hehehe

7.) just when you think THIS is the time it will break... blammo comes though in the clutch. Test your eyebrows off.

8.) The 138 is the magic level. er wait I said no magic... guess #9 can;t be about talking owls then either... crap. The walk is the 138.

9.) this measures price A going to price B . It doesn't, welll I guess if you shake a tailfeather it will , but on the surface it doesn;t say we are going to hit 4 then to r , then to x then bathroom break then g and THEN b.

10.) drawing a chart and looking at lower tf is b.e.a. utiful.


11.) you can make it really simple and just trade what is in front of you. I tend to try to go friggin nuts and forecast price in 2024 that doesn;t matter because what is in front of use gets us there. so whats the point.


any input from people? hopefully some of that drivel helps someone. Any other ideas or concepts people have I would to hear.



Sizz
  • #720
  • Dec 26, 2007 11:16pm Dec 26, 2007 11:16pm
Quoting sizzler
1.) Cycles inside of cycles so obvious now. this should answer a lot of ?s

2.) Swing high and low eazy peazy lemon squeezy. This is dynamic as range moves

3.) fibs can be drawn low to high and high to low just walk em out logically new erases old.

4.) make sure you step back and see what cycle you are in. NOW doesn;t consititute a new cycle.

any input from people? hopefully some of that drivel helps someone. Any other ideas or concepts people have I would to hear.

Sizz
Sizz,

great commentary.......

speaking of cycles within cycles.......

I was walking through a session of Vhands the other night on the daily time frame and was pausing it whenever I came across a DBHLC or DBLHC. Now under my old trading style/circumstances I would have just thought about trading off those bars as I saw them based on where the next bar was likely to go if it seemed logical to do so.

But now after taking to heart some of the things skunny has posted in regards to fib levels, I peel it back to the weekly fibs first, then I realized that some of those DBHLC and DBLHC bars on a daily chart that I was prepared to trade under the normal fashion were actually formed at the extreme higher end of the fib cycle for that week (138 or 162) which made me think twice about whether or not those were actually good price action bars to trade.

Now it may not be much of an ahaa moment for some but for "me" it was a clear "learning moment" when I realized that after seeing a DBLHC which formed at the upper most end of the 138 or 162 that it was easier to determine that it just wasn't going to have enough momentum to go any higher.
trading naked.......
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