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Fib. Reverse Engineered.

  • #201
  • Apr 9, 2009 5:57am Apr 9, 2009 5:57am
Quoting smjones
I explained this 4 posts ago.
You mean about 22:00 to 24:00 GMT ranges?

That's too easy. But if it works, why not?
  • #202
  • Apr 9, 2009 6:22am Apr 9, 2009 6:22am
Hey Scott, How do you Highlight "The Channel" in your Pics?
  • #203
  • Apr 9, 2009 6:24am Apr 9, 2009 6:24am
Quoting Bemac
Hey Scott, How do you Highlight "The Channel" in your Pics?
Select Insert Tab then slelect shapes then select the shape you want (I chose rectangle) then you can place it on the chart where you want it.

You can then double click on it (selecting it) and adjust it to any size you want. There are also options for color or just a boarder and no fill. When you are finished just double click on it again and it will be un-selected.
  • #204
  • Apr 9, 2009 6:28am Apr 9, 2009 6:28am
Thanks Scott, Here's a Gold Coin for your trouble.
Attached Image (click to enlarge)
Click to Enlarge Name: fib rev engineered 1hr gold.gif Size: 21 KB
  • #205
  • Apr 9, 2009 6:31am Apr 9, 2009 6:31am
Quoting Bemac
Thanks Scott, Here's a Gold Coin for your trouble.
There are some very good videos on how to use MT4 here if you want.

http://www.youtube.com/results?searc...tatrader4&aq=f
  • #206
  • Apr 9, 2009 6:33am Apr 9, 2009 6:33am
Quoting Bemac
Thanks Scott, Here's a Gold Coin for your trouble.
Now that is an interesting chart. How did you decide to put your channel there?

EDIT:
Never mind, I get it. Sometimes I can be a bit slow, but I do come around. LOL

Scott
  • #207
  • Edited 6:43am Apr 9, 2009 6:41am | Edited 6:43am
Quoting smjones
Now that is an interesting chart. How did you decide to put your channel there?

Scott
Interesting Point that raises another question.

I prefer to work off of the Most Recent Channel but that doesn't mean that ignore Historical Channels. However, you can imagine what a Chart would look like with 3 Channels on it.

Q) Would it require 3 Different Indicators {each having All Levels the same colour} to be able to differentiate?
or is there a simpler way?

ps. You may want to load that chart & zoom out to see the Big Picture.
  • #208
  • Apr 9, 2009 6:43am Apr 9, 2009 6:43am
Quoting Bemac
Interesting Point that raises another question.

I prefer to work off of the Most Recent Channel but that doesn't mean that ignore Historical Channels. However, you can imagine what a Chart would look like with 3 Channels on it.

Q) Would it require 3 Different Indicators {each having All Levels the same colour} to be able to differentiate?
or is there a simpler way?
That would be a lot of freakin lines. LOL

I would probably setup three charts.
  • #209
  • Apr 9, 2009 6:49am Apr 9, 2009 6:49am
I feel that we have passed the "Programming Discussion" part of this little endeavour & are 'taking up space' in this forum.

Perhaps it's time to open a New Thread in "Trading Discussion."


What do you guys think?

If the answer is Yes, than I would like to Author it if you don't mind.
  • #210
  • Apr 9, 2009 6:50am Apr 9, 2009 6:50am
Quoting Bemac
I feel that we have passed the "Programming Discussion" part of this little endeavour & are 'taking up space' in this forum.

Perhaps it's time to open a New Thread in "Trading Discussion."


What do you guys think?

If the answer is Yes, than I would like to Author it if you don't mind.
Please do. I will be very interested in the discussion.
  • #211
  • Apr 9, 2009 6:55am Apr 9, 2009 6:55am
Quoting Bemac
I feel that we have passed the "Programming Discussion" part of this little endeavour & are 'taking up space' in this forum.

Perhaps it's time to open a New Thread in "Trading Discussion."


What do you guys think?

If the answer is Yes, than I would like to Author it if you don't mind.
By all means..

Arthur should be the author.
  • #212
  • Apr 9, 2009 6:59am Apr 9, 2009 6:59am
Quoting TradeWell
By all means..

Arthur should be the author.
Who's Arthur?
  • #213
  • Apr 9, 2009 7:09am Apr 9, 2009 7:09am
Just a little trip down memory lane.

http://www.forexfactory.com/showpost...2&postcount=23
  • #214
  • Apr 9, 2009 7:15am Apr 9, 2009 7:15am
Hi Bemac,

Yup, I've recovered from the holiday. But I see that somebody already did the indicator in the way that I was thinking about doing it while I was on vacation :-). Looks amazing!

Quoting Bemac
Hi Gail. I see you hiding there.
  • #215
  • Apr 9, 2009 7:15am Apr 9, 2009 7:15am
Quoting Bemac
Who's Arthur?
The King of this thread.
  • #216
  • Apr 9, 2009 7:16am Apr 9, 2009 7:16am
Quoting Bemac
Just a little trip down memory lane.

http://www.forexfactory.com/showpost...2&postcount=23

I would be interested in continuing my indicator do you have ivtscr in text form, so I can look at how it was programed? Not sure what formula you are using for fib time, but I would be interested in looking at the code. If it is possible to put it in text format. I do not program in VTTrader, but i bet I could figure out the logic if I saw the math. At least I would be willing to give it a go.
  • #217
  • Apr 9, 2009 7:27am Apr 9, 2009 7:27am
Is it that a dot is placed at each fib time in the same place as a fib line drawn off the 53 47 range? like this?
Attached Image (click to enlarge)
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  • #218
  • Edited 7:55am Apr 9, 2009 7:30am | Edited 7:55am
Not the way I did it.

From the pic.
"Note that the Dots of Fib Time form a Straight Line"

Working on getting an info pkg together for you.


FiboVOnePercent:= (52.8-47.2) / Periods;
Periods = Number of Bars IN CHANNEL


H46 := If(BarNum>= EndBar,ValueWhen(1,BarNum = EndBar,HorizCompLow),Null);
H53 := If(BarNum>= EndBar,ValueWhen(1,BarNum = EndBar,HorizCompHigh), Null);
H50 := (H46 + H53)/2;
FiboHOnePercent:= ((H53 - H50)/(53.4442-50));
  • #219
  • Apr 9, 2009 7:54am Apr 9, 2009 7:54am
Quoting Bemac
Not the way I did it.

From the pic.
"Note that the Dots of Fib Time form a Straight Line"

Working on getting an info pkg together for you.

Take the Vertical Rise of the Channel and Divide it by 100 to give a Value for a 1% Price Rise.
Measure the Length of the Channel {count the Bars} and divide it by 100 to give a Value for 1% of Time.
{not sure if you can accomplish that but, then again, you have continued to amaze me so far}

Then just correlate the two.
So I probably need 2 vertical drag and drop lines for establish the number of bars in the compression and then the math is pretty straight forward. I can work on it later today.

So we have:

basically something like a cosign = Rise/Run. There must be a bit more about where each dot gets placed and how many percent signify each time zone. i will wait for the rest of your info, but the math seems easy enough.
  • #220
  • Apr 9, 2009 7:59am Apr 9, 2009 7:59am
Quoting smjones
So I probably need...
...A better explanation.

Sorry Scott, it's been a while since I wrote this.

I Edited My above Post. I'm sure you will have some questions.
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