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The DIBS Method... No Free Lunch continues

  • #6,441
  • Feb 11, 2009 5:53am Feb 11, 2009 5:53am
Hello all,

I'm trying to use the atached indicator for alert me with sound when an inside bar hapen, but it doesn't make any sound. Does any budy know why?

Thanks

PartyPips
Attached File(s)
File Type: mq4 in&out.mq4   4 KB | 1,130 downloads
  • #6,442
  • Feb 11, 2009 7:11am Feb 11, 2009 7:11am
Quoting PartyPips
Hello all,

I'm trying to use the atached indicator for alert me with sound when an inside bar hapen, but it doesn't make any sound. Does any budy know why?

Thanks

PartyPips

Thanks for the indicator

Regards
{Promotion Removed}
  • #6,443
  • Feb 11, 2009 7:16am Feb 11, 2009 7:16am
Quoting PartyPips
Hello all,

I'm trying to use the atached indicator for alert me with sound when an inside bar hapen, but it doesn't make any sound. Does any budy know why?

Thanks

PartyPips
Because it does not call the Alert function.

int start()
{
int counted_bars=IndicatorCounted();
//----


double Range, AvgRange;
int counter, setalert;
static datetime prevtime = 0;
int shift;
int shift1;
int shift2;
int shift3;
string pattern, period;
int setPattern = 0;
int alert = 0;
double O, O1, C, C1, L, L1, H, H1;

if(prevtime == Time[0]) {
return(0);
}
prevtime = Time[0];

switch (Period()) {
case 1:
period = "M1";
break;
case 5:
period = "M5";
break;
case 15:
period = "M15";
break;
case 30:
period = "M30";
break;
case 60:
period = "H1";
break;
case 240:
period = "H4";
break;
case 1440:
period = "D1";
break;
case 10080:
period = "W1";
break;
case 43200:
period = "MN";
break;
}

for (int j = 0; j < Bars; j++) {

}

for (shift = 0; shift < Bars; shift++) {

setalert = 0;
counter=shift;
Range=0;
AvgRange=0;
for (counter=shift ;counter<=shift+9;counter++) {
AvgRange=AvgRange+MathAbs(High[counter]-Low[counter]);
}
Range=AvgRange/9;
shift1 = shift ;
shift2 = shift + 1;

O = Open[shift1];
O1 = Open[shift2];
H = High[shift1];
H1 = High[shift2];
L = Low[shift1];
L1 = Low[shift2];
C = Close[shift1];
C1 = Close[shift2];




// Check for Out pattern
if ((H>H1)&&(L<L1)) {
if (Display_Out == true)
{
val1[shift]=Low[shift]; val2[shift]=High[shift];
}


if (setalert == 0 && Show_Alert == true) {
pattern = "Out";
setalert = 1;
}
}

// Check for In pattern
if ((H<H1)&&(L>L1)) {
if (Display_In == true) {

{
val1[shift]=High[shift]; val2[shift]=Low[shift];

}
if (setalert == 0 && Show_Alert == true) {
pattern="In";
setalert = 1;
}
}

}
} // End of for loop
//----
return(0);
}
TRO
  • #6,444
  • Feb 11, 2009 8:10am Feb 11, 2009 8:10am
hello guys..

i've tried the DIBS_TriggerLine 1.2.. is their a newer version since i've only read the thread until page 20. maybe it's in later pages
  • #6,445
  • Feb 11, 2009 8:10am Feb 11, 2009 8:10am
Quoting Money4Nothing
Because it does not call the Alert function.

int start()
{
int counted_bars=IndicatorCounted();
//----


double Range, AvgRange;
int counter, setalert;
static datetime prevtime = 0;
int shift;
int shift1;
int shift2;
int shift3;
[b][color=navy]string...

Thank You, but I did a copy paste and did fordward tets at 1 Min chart and nothing hapen.

Atached the new indicator, but please don't use it, because it doesn't make any sound alert
Attached File(s)
File Type: mq4 In & Out Alert.mq4   3 KB | 1,041 downloads
  • #6,446
  • Feb 11, 2009 8:42am Feb 11, 2009 8:42am
THIS SHOULD HELP.
TRO
  • #6,447
  • Feb 11, 2009 9:53am Feb 11, 2009 9:53am
Quoting Money4Nothing
THIS SHOULD HELP.
I could not fix the indicator

Any way thanks for your time and for try to help me.

PartyPips
  • #6,448
  • Feb 11, 2009 10:16am Feb 11, 2009 10:16am
Quoting PartyPips
I could not fix the indicator

Any way thanks for your time and for try to help me.

PartyPips
Try this just before the return of the start section:

Inserted Code
if( setalert == 1 ) { Alert( Symbol(), Time[0], pattern ) ; }
TRO
  • #6,449
  • Feb 11, 2009 12:27pm Feb 11, 2009 12:27pm
Quoting gnomefan
okay.. i will be reading the 1-50 pages..
Hi gnomefan...

You can't understand this method or the use of the indicators cause this is a virtually no-indicators method...

You really have to get the grip to this trading style without the indis first...

If you read Peter's posts that originated this thread (At Bemac's "No Free Lunch" thread) you'll see the Peter's charts are absolutely naked. In fact he posted some charts from Oanda, where he was drawing the lines (daily open, IBs...) manually... It's really really important to see those posts...

I'm not against indis, but they appeared at Jim's thread as some great people were developing it, to spare some time once you already got the grip with the method manually.... After some time, all you do is drawing 2 lines... Weekly open and Daily open.... the rest you see at the chart easily....

Cheers!


HT
Many share my views with me. But I don't share them with them...
  • #6,450
  • Feb 11, 2009 1:52pm Feb 11, 2009 1:52pm
Quoting Money4Nothing
Try this just before the return of the start section:

Inserted Code
if( setalert == 1 ) { Alert( Symbol(), Time[0], pattern ) ; }

Sorry, but I don't know what I'm doing wrong. But I can't make that this indicator alert me with sound everytime that an Inside Bar happen
  • #6,451
  • Edited 5:12pm Feb 11, 2009 5:06pm | Edited 5:12pm
Can we stick to DIBS trades and not troubleshooting an EA to drawing lines and alerts? Posting screen shots and your analysis will help us learn DIBS better, things like why you think what pair is a hot hand etc will help, not posting code on some indicator.

Just an idea: How about starting a new thread, called DIBS indicators and EAs and discussing stuff like the above there? Keep it real

EDIT: This is not to offend anyone, so please don't take it the wrong way.
Survive and Preserve
  • #6,452
  • Feb 11, 2009 7:12pm Feb 11, 2009 7:12pm
i understand the meaning of inside bar ( i think).
the thing that i dont get is how to enter a trade.
btw, can it be used on other TFs? such as 1H or 30m?
  • #6,453
  • Feb 11, 2009 7:44pm Feb 11, 2009 7:44pm
Hi,

Hope to not annoy anybody with these questions.

1. Assume the following scenario:
- IB during the later part of the day (after the 9-10 hours trading period PC specified)
- after the occurrence, but before close, the IB is "used" (price breaks high and low)

Do I use this IB for trading in the new session after 6:00 GMT according to the rules? E.g. buy breakout high if above 6:00 GMT open and sell breakdown of low if below?

2. How do you use the "hot hand" with the setups not occurring simultaneously? E.g. there isn't a setup occurring simultaneously in the strong pairs of the day. It's maybe either in the 1st, 2nd or 3rd strongest but rarely in all.

Thanks

Thomas
  • #6,454
  • Feb 11, 2009 7:50pm Feb 11, 2009 7:50pm
Looking to go long.

http://i42.tinypic.com/33ugacz.gif
TRO
  • #6,455
  • Feb 11, 2009 7:54pm Feb 11, 2009 7:54pm


http://i44.tinypic.com/2wf09px.gif
TRO
  • #6,456
  • Feb 11, 2009 9:22pm Feb 11, 2009 9:22pm
Hi Money4Nothing,

Do you use Tokyo open 00:00 GMT as THE open?

Thomas

Quoting Money4Nothing


http://i44.tinypic.com/2wf09px.gif
  • #6,457
  • Edited 9:42pm Feb 11, 2009 9:30pm | Edited 9:42pm
Quoting tdeu
Hi Money4Nothing,

Do you use Tokyo open 00:00 GMT as THE open?

Thomas
I use the most recent market open. I start with New York and sometimes continue into Sydney. I would trade London, too, but there's the matter of sleep...

As I said on the inside bar thread, I have no trading "secrets" and that works to my advantage. No "confirming" indicators to slow me down, so no second guessing. I don't think, I just trade the breaks. Quick to take profit and cut loss.
TRO
  • #6,458
  • Feb 11, 2009 10:43pm Feb 11, 2009 10:43pm
Money4Nothing,

Do you trade PCs pairs (USDJPY, EURUSD, GBPUSD, USDCHF) only or do you trade Asian pairs too? Like AUDUSD and AUDJPY?

Thomas

Quoting Money4Nothing
I use the most recent market open. I start with New York and sometimes continue into Sydney. I would trade London, too, but there's the matter of sleep...

As I said on the inside bar thread, I have no trading "secrets" and that works to my advantage. No "confirming" indicators to slow me down, so no second guessing. I don't think, I just trade the breaks. Quick to take profit and cut loss.
  • #6,459
  • Feb 11, 2009 10:53pm Feb 11, 2009 10:53pm
Quoting tdeu
Money4Nothing,

Do you trade PCs pairs (USDJPY, EURUSD, GBPUSD, USDCHF) only or do you trade Asian pairs too? Like AUDUSD and AUDJPY?

Thomas
I usually only trade GBPUSD and EURUSD.
TRO
  • #6,460
  • Edited 11:54pm Feb 11, 2009 11:30pm | Edited 11:54pm
So, all you do is to trade after PCs original rules - buying/selling according to the location of the bar to the close/open.

Do you take profit after R=1 for the whole position or do you leave half for a runner?

I thought of maybe take profit for 2/3rd at R=1 and leave 1/3 for a runner.

Would you trade both pairs at the same time - correlation?

As you're traded the EURUSD IB (21:00GMT) with the Tokyo open - do you trade this same bar for London again if no other IB is forming?

T.

Quoting Money4Nothing
I usually only trade GBPUSD and EURUSD.
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