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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #175,061
  • May 5, 2009 2:38pm May 5, 2009 2:38pm
Quoting malcolmb14
double top 5 min 149.45 , sellers hitting her

anyone enjoying the very defined 50 pip range we are in now ?

Attachment
i thik this double top was due to daly resistence. 149.46

same was hapen tomarrow.
Attached Image (click to enlarge)
Click to Enlarge Name: sport2.gif Size: 30 KB
  • #175,062
  • May 5, 2009 2:50pm May 5, 2009 2:50pm
Quoting pino2
I've my own system, and it is doing perfect, but in this trade I'm blindly following Quecee
no doubt, I was just having a little fun with my new friend sycho back then when your message came across.


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  • #175,063
  • May 5, 2009 2:52pm May 5, 2009 2:52pm
Quoting GodfreyH
Here you go , refresh problems are so tedious to track down, but I have been looking at it on the 1 minute chart and it appears to be tracking okay now.

EDIT
Still a minor bug with the code. It will accurately refresh the current color when a new bar starts and it will not repaint Red with Green or vice versa.

However, it appears to , on occasion, remove the color from a bar or two that was previously painted. This won't affect the drawing of the current bar color, but just pointing this out. Switching timeframes will quickly sort...

Thank you
  • #175,064
  • May 5, 2009 3:03pm May 5, 2009 3:03pm
Looking at the weekly charts she want to see Santa, but the daily looks like she needs viagra.
  • #175,065
  • May 5, 2009 3:08pm May 5, 2009 3:08pm
Quoting wajid
i thik this double top was due to daly resistence. 149.46

same was hapen tomarrow.
actually its just mirroring whatever s+p is doing

http://i42.tinypic.com/5md155.png

see the general movements in s&p on the bottom chart vs the GBPJPY on the top? even the DT is an exact match right down to the 5 minute candles being at exactly the same time.

now this is NOT s+p following GBPJPY, its the other way around. the effect has worn off a bit as volume has dropped right off near the end of the day, but its still following.

im no expert so someone feel free to point me in the right direction if im wrong, but it seems when the currencies just mirror s+p's general direction, technical analysis on any given currency is going to be meaningless as it isnt really moving of its own accord, so any trade based on it is very risky as s+p could seemingly go anywhere completely unrelated to the currencies key levels. s+p isnt going to respect support, resistance or pivot points on the currencies following it, so the currencies following it will not do so either, unless by mere coincidence as in this case where it LOOKS like it hit that support level, but actually it didnt as that support level doesnt exist in s+p and thats what its following.

so as far as i can see, at times when they are blindly mirroring s+p, theres no telling where its going to go next in terms of support, resistance etc. sometimes ive watch these things mirror s+p so closely ive counted 20+ 5 minute bars all with identical colours to s+p.
  • #175,066
  • May 5, 2009 3:10pm May 5, 2009 3:10pm
I noticed you had done on this Ma_RSXRefreshFix, Godfrey. I know what was the problem! I also tried to use WindowRedraw(), but it did not help. The problem was when those points crossed each other, let's say SHORT (RED), then suddenly, it spiked LONG and it caused the RECTANGLE not redraw correctly.

Example,
as everyone noticed that there are some time black and YELLOW colors? Now let's go back middle knowledges:-)

Trivia questions:
1. What color will become when RED mix with RED? (metatrade point of view)
+ you saw black color because there was overlapped rectangles objects, which it should not

2. What color will become when RED mix with GREEN?
+ The yellow color was appeared now and then on MA_RSX as well.

So, Godfrey, I am trying to find the solution as well. May be you can figure it out fast than me.
  • #175,067
  • May 5, 2009 3:47pm May 5, 2009 3:47pm
Quoting Andrew Vu
I noticed you had done on this Ma_RSXRefreshFix, Godfrey. I know what was the problem! I also tried to use WindowRedraw(), but it did not help. The problem was when those points crossed each other, let's say SHORT (RED), then suddenly, it spiked LONG and it caused the RECTANGLE not redraw correctly.

Example,...
Yes, I think you are right about the overlapping rectangle objects.
  • #175,068
  • May 5, 2009 3:56pm May 5, 2009 3:56pm
Quoting GodfreyH
Yes, I think you are right about the overlapping rectangle objects.
hey buddy! long time ... you mind telling me that is the problem?
I recommend you read something else as this sentence is now concluded.
  • #175,069
  • May 5, 2009 3:56pm May 5, 2009 3:56pm
Quoting GodfreyH
Yes, I think you are right about the overlapping rectangle objects.
Please test. It should work by now. It caused by the cnt variable, Godfrey.

This one not included other stuffs, but not neccessary.

Please check, Godfrey.
Attached File(s)
File Type: mq4 MA_of_RSX_RefreshFixed.mq4   4 KB | 398 downloads
  • #175,070
  • May 5, 2009 4:06pm May 5, 2009 4:06pm
Quoting Obaidah
hey buddy! long time ... you mind telling me that is the problem?
Hey Obi ,

The MA of RSX hasn't been refreshing the current bar, unless the time frame was switched from , say 5min to 15min then back to 5 min. I had made some adjustemnts a few posts back, which solved the problem, but was removing the color on a few bars previously, so that's what we were trying to sort out.
  • #175,071
  • May 5, 2009 4:22pm May 5, 2009 4:22pm
Quoting GodfreyH
Hey Obi ,

The MA of RSX hasn't been refreshing the current bar, unless the time frame was switched from , say 5min to 15min then back to 5 min. I had made some adjustemnts a few posts back, which solved the problem, but was removing the color on a few bars previously, so that's what we were trying to sort out.
I've attached it (the fixed version) to M1 chart, it has crossed several times and nothing happened yet, i'll wait and see what happens.
I recommend you read something else as this sentence is now concluded.
  • #175,072
  • May 5, 2009 4:26pm May 5, 2009 4:26pm
Quoting Andrew Vu
Please test. It should work by now. It caused by the cnt variable, Godfrey.

This one not included other stuffs, but not neccessary.

Please check, Godfrey.
, yes, this seems to have done the trick. I'll watch it for a bit, and if everything is ok, I'll delete my version, and upload this one to my post as well, so we don't have multiple versions floating around.

Now, later I'll work on adding divergence to it, so when the rsx changes color you may have additional confirmation of a bullish or bearish divergence.
  • #175,073
  • May 5, 2009 5:09pm May 5, 2009 5:09pm
say's like dis r one's u wish u can just press the next button..just tired of 10,10pips allday...
Imanuel Parsifal
  • #175,074
  • May 5, 2009 5:18pm May 5, 2009 5:18pm
Quoting ewokuk
actually its just mirroring whatever s+p is doing

http://i42.tinypic.com/5md155.png

see the general movements in s&p on the bottom chart vs the GBPJPY on the top? even the DT is an exact match right down to the 5 minute candles being at exactly the same time.

now this is NOT s+p following GBPJPY, its the other way around. the effect has worn off a bit as volume has dropped right off near the end of the day, but its still following.

im no expert so someone feel free to point me in the right direction if im wrong, but it seems when...
nice observation bro
Imanuel Parsifal
  • #175,075
  • May 5, 2009 5:37pm May 5, 2009 5:37pm
Quoting wajid
i thik this double top was due to daly resistence. 149.46

same was hapen tomarrow.

can u please send me that rsx?
MY OPINION NOT FINANCIAL ADVISE
  • #175,076
  • May 5, 2009 5:44pm May 5, 2009 5:44pm
Quoting donfriday
can u please send me that rsx?
just click on it in d previous page n dowload bro..hw is trading goin
Imanuel Parsifal
  • #175,077
  • May 5, 2009 5:53pm May 5, 2009 5:53pm
Quoting donfriday
can u please send me that rsx?

rsx is just like any other indicator . In choppy conditions like today it did not worth for s**t
Blogging daily now at www.volume.zone
  • #175,078
  • May 5, 2009 6:03pm May 5, 2009 6:03pm
you got that right
  • #175,079
  • May 5, 2009 6:04pm May 5, 2009 6:04pm
Quoting donfriday
can u please send me that rsx?



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I trade what I see on my charts. Do Not listen to the Muppets.
  • #175,080
  • May 5, 2009 6:09pm May 5, 2009 6:09pm
Quoting malcolmb14
rsx is just like any other indicator . In choppy conditions like today it did not worth for s**t
Mal don't tell me you've been trading this 8 pip range. lol
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