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Attachments: Igrok Method. Q's & A's. Comments, thoughts and ideas
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Igrok Method. Q's & A's. Comments, thoughts and ideas

  • #1,721
  • Sep 17, 2008 5:51pm Sep 17, 2008 5:51pm
Quoting Blackinc
This disturbs me greatly.

If your opening is so different to mine, i know who's got the better feed. Over time, that makes so many trades that i've taken defunct.

Still.. so many have worked

Back to the drawing board. No more trades based on monday open price.

That or I pay for a good feed.
My feed shows 107.93.
  • #1,722
  • Sep 17, 2008 6:15pm Sep 17, 2008 6:15pm
Quoting Igrok
My feed shows 107.93.
Is that also the high?
  • #1,723
  • Sep 17, 2008 6:23pm Sep 17, 2008 6:23pm
Quoting Blackinc
Is that also the high?
Yes. That's what you asked for.
  • #1,724
  • Edited 8:13pm Sep 17, 2008 7:35pm | Edited 8:13pm
Quoting Igrok
Yes. That's what you asked for.
Sorry i meant is that also its open?

Im hoping the open is 106.15..
  • #1,725
  • Edited 9:07pm Sep 17, 2008 8:36pm | Edited 9:07pm
Quoting Igrok
I have one strainght forward answer: I just gave you the ideas and you do your own research on details. I have all the reasons to believe that whatever project you're working on must be based on your own brain capabilities.
That is pretty much it indeed. Once again, thanks for your kind answer.

Hello Fellow traders,

For those of you who use MT4 I here attach an indicator that is capable of showing (visualy with lines) the average daily range and the actual daily Range (dring the actual trading day).

PLEASE, THOSE OF YOU WHO USE IT, PLEASE CRITICISE IT AND HAVE AN EMAIL OR PM SENT TO ME WITH DETAILS.

The red line is a static line = AVG. Daily Range. Therefore, it can be regularly broken.

The violet line is dynamic and it follows the actual days range.

Of course you can change the color of the liness...

The indicator can be used in any time frame and can be used to render not only the daily range but alo the weekly and the monthly as well.

There is also the option of chosing the as many days as one wants for any range.

You can remove the middle of the range line as well.

As we don't have assistants like Mr. Toshchakov has, we took the liberty of adding sound and email alerts when price touches one of the lines (top or bottom).

As for periods, I have used 1 for daily, 5 for weekly and 22 for monthly. Of course, I could be wrong.... Any tips on this anybody? As mentioned above, you can try any number. We have to find something optimal.


I remember you all that this is a PROTOTYPE. I count on you all that regularly participate on this great thread to help us all develop this project to its fullest correction.

I would like to thank the "team": Belekas (introduced me to the programmer), Ulterior (Great and fast programmer) and my self (brain or lack of it ).

One last question: Do we have actual interest on the actual days range and the average daily range?Both? Just one of them?

This visual indicator together with the famous Batfink indicator, should be able to provide us with a nice tool.

I wait on your comments and critics for improvements.

Mr. Toshchakov thanks for providing this creative space and for the ideas.

Best,

JP.
Attached File(s)
File Type: mq4 avg_period_range_1_1.mq4   5 KB | 515 downloads
  • #1,726
  • Sep 17, 2008 8:45pm Sep 17, 2008 8:45pm
Hi Again,

Attached follows a picture of the indicator plotting the the AVG range and the days range for Geppy.

You might also be able to see that price on H1 is currently inside a diamond.

Combining those two, I guess we could visualize better some templates from Igroks Methodology.

We truly hope that this will help at least some of you.

Cheers,

JP.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp_jpy_h1_17_09_2008_avg_indie_diamond.gif Size: 28 KB
  • #1,727
  • Sep 18, 2008 2:22am Sep 18, 2008 2:22am
In EU 18.4
  • #1,728
  • Edited 4:27am Sep 18, 2008 2:38am | Edited 4:27am
Hello Mr Igrok. Are we observing a possible double bottom on the dayly UJ?
  • #1,729
  • Sep 18, 2008 9:16am Sep 18, 2008 9:16am
The reverse of GBP is the the low of 2004 which formed a diamond.

Keep it simple and sweet !
  • #1,730
  • Sep 18, 2008 10:19pm Sep 18, 2008 10:19pm
Quoting belekas
Hello Mr Igrok. Are we observing a possible double bottom on the dayly UJ?
Not even close.
  • #1,731
  • Sep 19, 2008 3:20am Sep 19, 2008 3:20am
Quoting Igrok
Not even close.
You are joking right?
  • #1,732
  • Sep 19, 2008 3:53am Sep 19, 2008 3:53am
Quoting belekas
You are joking right?
No. Can't see any.
  • #1,733
  • Sep 19, 2008 4:08am Sep 19, 2008 4:08am
Quoting Igrok
No. Can't see any.
Can i know what criteria the lows @ 07.16 and 09.16 doesnt meet to be valid double bottom?

Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_dayly_doubletriplebottom_190908.jpg Size: 114 KB
  • #1,734
  • Sep 19, 2008 5:05am Sep 19, 2008 5:05am
Quoting belekas
Can i know what criteria the lows @ 07.16 and 09.16 doesnt meet to be valid double bottom?

Thank you
Cause they are not bottoms. DB & DT must be at the very end of a trend.
  • #1,735
  • Sep 19, 2008 5:17am Sep 19, 2008 5:17am
Quoting Igrok
Cause they are not bottoms. DB & DT must be at the very end of a trend.
Spasyba Mr Toshchakov
  • #1,736
  • Sep 19, 2008 6:46am Sep 19, 2008 6:46am
While we're on the subject of USDJPY - are you still aiming at those sky high areas?

I understand that in terms of USD bullishness it would make sense, however given that we've witnessed the JPY being stronger than the USD even as it gained against other pairs due to risk aversion, would this pair perhaps make an "exception" to those projections higher?

I know I've asked before, but given that we've now begun marking the 104 area as an "important" border, it just seems that there is now a certain attraction for the market here for the next time it comes back...IF it comes back that is..just curious whether you're getting any new input and scenarios on USDJPY as price paints in more information over time.

Btw - my Gold non-diamond may not have fit diamond shape, but boy, it sure did reverse that price!
Trust price. Know yourself.
  • #1,737
  • Sep 19, 2008 11:56am Sep 19, 2008 11:56am
Hi Mr. Igrok

What do you think of these 2 trades setups? Would you draw another ones?
Attached Image (click to enlarge)
Click to Enlarge Name: kiwi3.PNG Size: 33 KB
  • #1,738
  • Sep 19, 2008 1:51pm Sep 19, 2008 1:51pm
Quoting Ulterior
Hi Mr. Igrok

What do you think of these 2 trades setups? Would you draw another ones?
Both make sense.
  • #1,739
  • Sep 19, 2008 1:56pm Sep 19, 2008 1:56pm
Quoting SeekingLight
While we're on the subject of USDJPY - are you still aiming at those sky high areas?

I understand that in terms of USD bullishness it would make sense, however given that we've witnessed the JPY being stronger than the USD even as it gained against other pairs due to risk aversion, would this pair perhaps make an "exception" to those projections higher?

I know I've asked before, but given that we've now begun marking the 104 area as an "important" border, it just seems that there is now a certain attraction for the market here for the next time it comes back...IF it comes back that is..just curious whether you're getting any new input and scenarios on USDJPY as price paints in more information over time.

Btw - my Gold non-diamond may not have fit diamond shape, but boy, it sure did reverse that price!
So far I couldn't see any need to reconsider my previous view. After reaching it's objective target based on MACD daily divergenece, USD/JPY is doing what it was supposed to do and perhaps will form another diamond on daily soon. Whether it will be a reversal or a continuation is hard to predict now but on the long run it still has a better potential for going higher from here perhaps after spending some time in ranges that are yet to be defined.
  • #1,740
  • Sep 19, 2008 3:55pm Sep 19, 2008 3:55pm
Seems 162.80-163.10 could be a legit EJ target for the next week.
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