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The DIBS Method... No Free Lunch continues

  • #5,501
  • Sep 22, 2008 4:56am Sep 22, 2008 4:56am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Ted1983
Theres a shrimp waitin' on me barbee for ya when I make me first million!
(Sorry couldn't resist)
you can get half a cow over here for the price of a shrimp over there.lol
  • #5,502
  • Sep 22, 2008 5:02am Sep 22, 2008 5:02am
Quoting Ted1983
Theres a shrimp waitin' on me barbee for ya when I make me first million!
(Sorry couldn't resist)
Can't wait! Sounds like you better invite the ex-pat MPP as well.
  • #5,503
  • Sep 22, 2008 5:58am Sep 22, 2008 5:58am
Quoting MPP
you can get half a cow over here for the price of a shrimp over there.lol
Thats why I need a million to be able give away a shrimp!
  • #5,504
  • Sep 23, 2008 1:59am Sep 23, 2008 1:59am
Dale trade on the Euro. Sorry can't post a chart, but its a Double Inside Bar on the 4 hour, breaking to the down side. Nice.
Indicators show the past. Price Action "Indicates" the future.
  • #5,505
  • Sep 23, 2008 4:26am Sep 23, 2008 4:26am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting jarroo
Dale trade on the Euro. Sorry can't post a chart, but its a Double Inside Bar on the 4 hour, breaking to the down side. Nice.
It's not on my charts - different time feed, but it looks like a 1h retracement potential to reach the low 1.45 area
  • #5,506
  • Sep 23, 2008 4:35am Sep 23, 2008 4:35am
Quoting jarroo
Dale trade on the Euro. Sorry can't post a chart, but its a Double Inside Bar on the 4 hour, breaking to the down side. Nice.

Dips was above OpenDay.. so i did not take it
Never sell @ lower upward channel unless breacked and vise versa .
  • #5,507
  • Sep 23, 2008 7:18am Sep 23, 2008 7:18am
Quoting MPP
It's not on my charts - different time feed, but it looks like a 1h retracement potential to reach the low 1.45 area
Give or take a few pips on demo feed is what I go by. (especially on higher time frames).

Dale has done very well with this set-up. I don't believe he uses the Daily Open on these trades.
Attached Image
Indicators show the past. Price Action "Indicates" the future.
  • #5,508
  • Sep 23, 2008 11:52pm Sep 23, 2008 11:52pm
Quote
Dale has done very well with this set-up. I don't believe he uses the Daily Open on these trades.


Just two inside bars on the 4 hour time frame only, I use these on the majors.

Looks like you made 2x risk jarroo.

Best regards


Dale
  • #5,509
  • Sep 25, 2008 12:54am Sep 25, 2008 12:54am
I have a revised version of a clock program which can display -- along with the other session times -- a special line with "* DIBS UK: 06:00 AM" in red when the DIBS session begins (~ Chicago midnight per Peter Crowns, which is 2 hours before London 8AM open).

My question before posting the code is... what is the length (in hours) for an *ideal* DIBS setup? The first 13 hours? 11 hours? what # of hours??

Of course the DIBS start/stop times can be easily changed by the user but I'd like to set reasonable default values.

Pips4life
(P.S. I'm aware of, but don't use DIBS. Maybe I'll get around to incorporating it. I just happened to be editing this indicator for other purposes and thought it might be useful to y'all).
Attached Image
  • #5,510
  • Sep 25, 2008 4:05am Sep 25, 2008 4:05am
Quoting pips4life
I have a revised version of a clock program which can display -- along with the other session times -- a special line with "* DIBS UK: 06:00 AM" in red when the DIBS session begins (~ Chicago midnight per Peter Crowns, which is 2 hours before London 8AM open).

My question before posting the code is... what is the length (in hours) for an *ideal* DIBS setup? The first 13 hours? 11 hours? what # of hours??

Of course the DIBS start/stop times can be easily changed by the user but I'd like to set reasonable default values.

Pips4life
(P.S. I'm aware of, but don't use DIBS. Maybe I'll get around to incorporating it. I just happened to be editing this indicator for other purposes and thought it might be useful to y'all).
9 hours from 0600 GMT.

Thanks,

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #5,511
  • Sep 25, 2008 9:09am Sep 25, 2008 9:09am
Hi guys,

Ive been reading this thread, and been learning a lot. I have one question though - all through the thread, i have yet to find just a simple sound alert dibs indicator. I'm ccurently demo-ing this DIBSv1.0 indicator - just to show me the IBs, and its EXCELLENT and SIMPLE.

Could someone help me attach a sound alert to this indicator please?

It would be really appreciated!

Thanks, and keep up this good work!
Attached File(s)
File Type: mq4 DIBSv1.0.mq4   5 KB | 782 downloads
  • #5,512
  • Sep 25, 2008 3:58pm Sep 25, 2008 3:58pm
EurUsd its IB breaked now .. i will wait Sydney Market open now and then will take action.
Never sell @ lower upward channel unless breacked and vise versa .
  • #5,513
  • Sep 25, 2008 5:32pm Sep 25, 2008 5:32pm
Quoting pips4life
I have a revised version of a clock program which can display -- along with the other session times -- a special line with "* DIBS UK: 06:00 AM" in red when the DIBS session begins (~ Chicago midnight per Peter Crowns, which is 2 hours before London 8AM open).

My question before posting the code is... what is the length (in hours) for an *ideal* DIBS setup? The first 13 hours? 11 hours? what # of hours??

Of course the DIBS start/stop times can be easily changed by the user but I'd like to set reasonable default values.

Pips4life
(P.S. I'm aware of, but don't use DIBS. Maybe I'll get around to incorporating it. I just happened to be editing this indicator for other purposes and thought it might be useful to y'all).
Hi all,

I have posted two indicators, "P4L CandleTime.mq4" and "P4L Clock.mq4" over in this thread: http://forexfactory.com/showthread.php?t=109305


The P4L Clock.mq4 file has an option to display a "DIBS UK" (relative to London) time, and to highlight it in red when it's in prime DIBS hours (the 1st 9 hours per jarroo). See the picture a few posts back.

It's a small contribution to the DIBS community... good luck trading.

Pips4life (Kent)
  • #5,514
  • Sep 25, 2008 5:46pm Sep 25, 2008 5:46pm
Quoting pips4life
Hi all,

I have posted two indicators, "P4L CandleTime.mq4" and "P4L Clock.mq4" over in this thread: http://forexfactory.com/showthread.php?t=109305


The P4L Clock.mq4 file has an option to display a "DIBS UK" (relative to London) time, and to highlight it in red when it's in prime DIBS hours (the 1st 9 hours per jarroo). See the picture a few posts back.

It's a small contribution to the DIBS community... good luck trading.

Pips4life (Kent)
Thanks.
Indicators show the past. Price Action "Indicates" the future.
  • #5,515
  • Sep 26, 2008 3:12am Sep 26, 2008 3:12am
Hello everyone!

How's everyone doing? I had a nice holiday but now it's time to get back to business. Looks like I missed quite a action last week Anyway, I took EURUSD short this morning at 1.4622 risking 24pips, it's "freetrade" now. Lets see where it goes.

I hope you all have a great weekend! See you later!

- finnfx
If you want to win you need a Finn (an old English saying from the 60's)
  • #5,516
  • Sep 26, 2008 3:22am Sep 26, 2008 3:22am
Quoting finnfx
Hello everyone!

How's everyone doing? I had a nice holiday but now it's time to get back to business. Looks like I missed quite a action last week Anyway, I took EURUSD short this morning at 1.4622 risking 24pips, it's "freetrade" now. Lets see where it goes.

I hope you all have a great weekend! See you later!

- finnfx
Nice DIBS trade.

Just can't wait until my schedule gets back to normal.
Indicators show the past. Price Action "Indicates" the future.
  • #5,517
  • Sep 27, 2008 2:48am Sep 27, 2008 2:48am
Quoting pips4life
Hi all,

I have posted two indicators, "P4L CandleTime.mq4" and "P4L Clock.mq4" over in this thread: http://forexfactory.com/showthread.php?t=109305


The P4L Clock.mq4 file has an option to display a "DIBS UK" (relative to London) time, and to highlight it in red when it's in prime DIBS hours (the 1st 9 hours per jarroo). See the picture a few posts back.

It's a small contribution to the DIBS community... good luck trading.

Pips4life (Kent)
In case you already downloaded these, please revisit the thread to get a new v2_1 version of "P4L Clock.mq4". The older v1_3 code which I had left the same in my v2_0 had some problems with timezone/ST/DST calculations, especially when used by users in Tokyo, Jakarta, Sydney, etc. I rewrote that section and those problems have been fixed. (The time displays will update once the markets open and the ticks start coming in...)
  • #5,518
  • Sep 27, 2008 2:34pm Sep 27, 2008 2:34pm
Quoting Aad
Thanks Jarroo,

Folks please note that this indicator was created by LuxInterior and I have simply added/modified some things to it, to fit my needs or testing purposes.

I believe Lux previously stated that he no longer supports this indicator so I decided to tinker (I hope Lux does not mind) a little with it, but there's not much more I can do to it since I'm not really a programmer.

Anyways, I added full customizable options (color, size, width, and style) to this indicator. It now also has the option to be used on any time frame when the "Show DIBS On All Time Frames" option is set to True. Please use that option wisely as it diverts from PC's H1 rules, so use it at your own risk.

I have also added some minor options to the BarClock/CandleTime indicator as I never liked the way it would show the remaining time next to the candle bars on the chart (I like my charts as clean as possible since I got too many fibs on them, lol.). So I put an option to turn it off/on along with color and sizing options, I hope you enjoy that one folks...



By the way the reason I added more features to the DIBS TriggerLines v1.2 indicator was because I saw your post and I also wanted to be able to customize it further.

So I looked at he code and made some logical changes to it without knowing anything about MQL4 code. LOL! I usually always have the indicator/identifier on my charts and everything works good except for a minor issue that I stated previously (here) and has been there from the beginning when Lux created the indicator...
i use your indi.its show at 0500.my time is gmt+3 so i am confused .dibs on what time thanks
  • #5,519
  • Sep 27, 2008 9:43pm Sep 27, 2008 9:43pm
Dear All,

I would like to share with you all of UJ curr on the weekly analyst.
Price has been closed at 38% fibo
Price has been completed the yellow shoulder Right.
Price has been moving from neck line blue to Blue S-Right
Price has formed with the weekly IB
with my weekly statistics data this curr has been complete 100 % down trend and to be reversal to 50 % fibo point.

So I expected this price will going to long by this week (weak bullish)
IF the price can break 106.89 the price to be going to TP1. 108.85 TP2. 110.65

I was long from 105.88 with TP. 106.89 @ 3 long.

Dear all please correction me IF I made wrong Analsyst...

Best Regards,
Mymarahaba
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ Statistic Data.JPG Size: 37 KB
Click to Enlarge Name: Weekly UJ analyst.JPG Size: 194 KB
Click to Enlarge Name: UJ Daily Chart.JPG Size: 207 KB
  • #5,520
  • Sep 27, 2008 10:53pm Sep 27, 2008 10:53pm
Quoting pips4life
In case you already downloaded these, please revisit the thread to get a new v2_1 version of "P4L Clock.mq4". ...
In v2_1, I thought that annual updates would be necessary, but it turns out the ST/DST changeover dates are already good for future years (unless changed legistlatively which will require an update).

I just posted v2_2 with mostly cosmetic changes to remove the references to "annual" update required. Sorry for the confusion to those who may have downloaded v2_0, v2_1 and now... v2_2.

Get "P4L Clock.mq4" from http://forexfactory.com/showthread.php?t=109305

(The times will update once the ticks come in when the market opens).
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