i used blaze media pro, free trial. Works well. Tried to make triple beep mate, but could only get it down to like 0.45 secs, which i thot was too long. Any shorter and u cant distinguish between the beeps. :S
Eur/Usd scalping inspired by Shakesfx
- #503
- Feb 19, 2009 7:34pm Feb 19, 2009 7:34pm
Thanks for the sound tool guys. It's a nice tool!
Helping me to reinforce price action. Nothing better than to attack as many of the five senses as possible. Until I get the sixth sense that shakes and pete have, I'll have to rely on the others as well 
now, is there anyone who can come up with a tool that gives off a smell, maybe roast beef for an up tick and chocolate brownie for the down tick. Just kidding.
Helping me to reinforce price action. Nothing better than to attack as many of the five senses as possible. Until I get the sixth sense that shakes and pete have, I'll have to rely on the others as well now, is there anyone who can come up with a tool that gives off a smell, maybe roast beef for an up tick and chocolate brownie for the down tick. Just kidding.
- #505
- Feb 19, 2009 7:52pm Feb 19, 2009 7:52pm
let's give them a go - might be ok , not sure
thanks
(1) Is there any way you can append the "Igel spread" indi (not my indi, but I got it from someone else) as a small text line just below the magnified market price indi that I gave you before? So we would have large magnified price, with small font line showing the spread just below it.
It would be a proxy for liquidity entering/exiting the market at that price, ie., at the up or down tick(s). This is a key part of Shakes' method. This is far, far superior to the usual canned MF, OBV indis, which are basically useless in FX.
(2) If not, is there any way you can create a line chart indi (for below the price chart) showing the spread size? It fluctuates all the time with a 6 digit broker, or an ECN. This is a proxy for liquidity. A very noisy line, but it could provide crucial clues at inflection points, S/R, etc.
Much appreciated if you can do anything.
- #507
- Feb 19, 2009 8:23pm Feb 19, 2009 8:23pm
let's give them a go - might be ok , not sure
thanks
So, can you add a text line and/or a very different alert sound from the tick sounds when price DOES NOT tick at all for a certain number of seconds, say on a graduated scale, for example, 4, 5, 6 secs.
When something DOESN'T happen, it's usually a more important signal than when something does, eg. a failed signal is very powerful for taking a reversal against a classic indicator signal, etc. (eg. if stochastic is way OB, and price keeps heading north, ie. a failed signal, we know we are in the mother of all trends and would SAR long at the first opportunity, or on first retrace).
So while we "expect" prices to continue to tick fairly regularly, but when they don't, this is a crucial clue = a stalling point = a potential inflection point.
You may have to make the indi adjustable by the user, ie. so they can set the graduated scale of seconds of no ticks. This will allow for differences between currency pairs, and the London/NY primetime periods vs the Asian trading session when ticks are much less frequent.
I realize, it's a lot to ask of you, but it will help us all if you can do it. Give it a try if you can.
- #512
- Feb 19, 2009 9:25pm Feb 19, 2009 9:25pm
- Joined Aug 2007 | Status: Always trying... | 1,918 Posts
Living the adventure in my head.
I've had a successful day so far. I thought I'd share my trades. I know Pete isn't trading today, but I wonder if he would have made similar trades if he were trading...
Anyways here's the 1-min chart of all my trades today. The blue arrows are winners, the red are losers. If you see a triangle pointing in the opposite direction from the entry triangle, that's showing the order to TP on half the position.
I also attached a 10-sec chart of my most recent trade. You can clearly see a Head & Shoulders pattern. I've noticed that H&S patterns work quite reliably on these short term charts (1-min chart too). The white line there is the daily Pivot Point. It was drawn hours BEFORE the H&S pattern. Notice how cleanly price bounced off it. There's something to these pivot points...
Anyways here's the 1-min chart of all my trades today. The blue arrows are winners, the red are losers. If you see a triangle pointing in the opposite direction from the entry triangle, that's showing the order to TP on half the position.
I also attached a 10-sec chart of my most recent trade. You can clearly see a Head & Shoulders pattern. I've noticed that H&S patterns work quite reliably on these short term charts (1-min chart too). The white line there is the daily Pivot Point. It was drawn hours BEFORE the H&S pattern. Notice how cleanly price bounced off it. There's something to these pivot points...
