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Daily Quarter method

  • #221
  • May 19, 2009 4:40am May 19, 2009 4:40am
Quoting cantania
hi simplecoders..
how ur position now? especially eur jpy?
with ur experience,can gbp usd,eur usd,n eur jpy up again?
just 4 sharring
Presently GBPUSD closed at target profit.
EURJPY and GBPJPY are in negative.

Will both these go up. Gaze the crystal ball...
  • #222
  • May 19, 2009 4:45am May 19, 2009 4:45am
Quoting $aly
hi fredella
thank you..something is wrong
1-your green vertical line should show your red vertical line the same for example: red line 7 am and green line 7am too. it is now showing :red line7 am and green line 6am and then calculate this range ....so it 's calculate daily rang in wrong way now
2- i think your indicator has confused hours with each other for example i set dailyshift to 7 and my broker's time is +1 GMT now vertical lines should show 8am -8am while they show 6am-5am
thank you fredella

Saly
Hi Saly

Re 1 - the red vertical line is the start and the green is the included end hour for the calculation, if we make it 7am to 7am we are including 25 hours - is that correct?
Re 2 - the hourshift is simply saying how many hours back in time you want to go, not the actual hour of the day you want to look at. Let me know if i should change that

Fredella
  • #223
  • May 19, 2009 4:51am May 19, 2009 4:51am
Quoting Fredella
Hi Saly

Re 1 - the red vertical line is the start and the green is the included end hour for the calculation, if we make it 7am to 7am we are including 25 hours - is that correct?
Re 2 - the hourshift is simply saying how many hours back in time you want to go, not the actual hour of the day you want to look at. Let me know if i should change that

Fredella
1- yes it's correct and then including 25 hours
2-could you please change it as a hour of the day ..this looks easier to set with GMT time for anyony for example if i set hourshift to 7 it shows 8am -8am

thank you fredella

Saly
  • #224
  • May 19, 2009 4:55am May 19, 2009 4:55am
Quoting simplecoders
Presently GBPUSD closed at target profit.
EURJPY and GBPJPY are in negative.

Will both these go up. Gaze the crystal ball...

crystal bal crystall ball....
if i look chart eur usd n gbp usd..
range hi to low from 20GMT is range maximum.
so it's hard moving up again n get tp...
just want look the way 4 reduce stoploss
  • #225
  • May 19, 2009 5:08am May 19, 2009 5:08am
Quoting $aly
1- yes it's correct and then including 25 hours
2-could you please change it as a hour of the day ..this looks easier to set with GMT time for anyony for example if i set hourshift to 7 it shows 8am -8am

thank you fredella

Saly
Hi, pls check v3 attached
Attached File(s)
File Type: ex4 Indicator_based_on_HLdiv4_v3.ex4   5 KB | 261 downloads
  • #226
  • May 19, 2009 5:19am May 19, 2009 5:19am
Quoting Fredella
Hi, pls check v3 attached
It is showing 25 hours as period.

If the red vertical line is plotted on 7 am for example, the green vertical should be placed on the 6 am hourly bar to show a total period of 24 hours
Regards
  • #227
  • May 19, 2009 5:27am May 19, 2009 5:27am
Quoting howard
It is showing 25 hours as period.

If the red vertical line is plotted on 7 am for example, the green vertical should be placed on the 6 am hourly bar to show a total period of 24 hours
Confused now.

Saly says '1- yes it's correct and then including 25 hours '

seems to imply we need to look at 25 hour periods rather than 24.

Let me know.

Fredella
  • #228
  • May 19, 2009 5:29am May 19, 2009 5:29am
Fredella,Pls can you or any body teach me how to use the EA on my MT4 plateform.
Regards,
vicforex
  • #229
  • May 19, 2009 5:34am May 19, 2009 5:34am
Quoting vicforex
Fredella,Pls can you or any body teach me how to use the EA on my MT4 plateform.
Regards,
vicforex
Hi do you mean the indicator i posted or the EA posted by bontboy?
  • #230
  • May 19, 2009 5:49am May 19, 2009 5:49am
Quoting vicforex
Fredella,Pls can you or any body teach me how to use the EA on my MT4 plateform.
Regards,
vicforex

A description of the parameters for nilrams EA can be found here:

http://www.forexfactory.com/showpost...&postcount=164
  • #231
  • May 19, 2009 5:58am May 19, 2009 5:58am
Quoting Fredella
Confused now.

Saly says '1- yes it's correct and then including 25 hours '

seems to imply we need to look at 25 hour periods rather than 24.

Let me know.

Fredella
Hi Fredella

It is the daily range we are looking for and a day consists of 24 hours, so if the 1st vertical line is on 7 am hourly bar (example) and the 2nd vertical line placed on the 6 am hourly bar the total period showing for calculation of the range will be 24 hours, by the way the font on your 2nd version is very small, hard to read

Thank you for your time
Regards
  • #232
  • May 19, 2009 6:08am May 19, 2009 6:08am
Quoting howard
Hi Fredella

It is the daily range we are looking for and a day consists of 24 hours, so if the 1st vertical line is on 7 am hourly bar (example) and the 2nd vertical line placed on the 6 am hourly bar the total period showing for calculation of the range will be 24 hours, by the way the font on your 2nd version is very small, hard to read

Thank you for your time
We'll get there .... Latest version attached. Have increased the font again.

Fredella
Attached File(s)
File Type: ex4 Indicator_based_on_HLdiv4_v4.ex4   5 KB | 292 downloads
  • #233
  • May 19, 2009 6:47am May 19, 2009 6:47am
May be it was last Thursday, the position was the same as today. GBPUSD and EUR JPY were negative till this time or so and later US session they went positive and closed at profit. Let us see whether it repeats now!
  • #234
  • May 19, 2009 8:11am May 19, 2009 8:11am
Quoting Fredella
We'll get there .... Latest version attached. Have increased the font again.

Fredella
no fredella you should consider 25 hour!!!!!
is this v3????
thank you
Saly
  • #235
  • May 19, 2009 8:28am May 19, 2009 8:28am
My results for today

GU 55 pips

Didnt ttrade GJ because the range was more than 400 pips and the EJ range was close to 400 too. So i didnt place a trade either.
Yea it's Life//
  • #236
  • May 19, 2009 8:47am May 19, 2009 8:47am
Quoting serj1
My results for today

GU 55 pips

Didnt ttrade GJ because the range was more than 400 pips and the EJ range was close to 400 too. So i didnt place a trade either.
I am right there with you at 55 pips on G/U.

I did steer away from G/J to stay within my money management guidelines. But went with E/U with my 24 hr stopping just before NY open. Currently down.

Also went with U/J last night before London opening. Currently down.


My goal is to stay within my MM guidelines and try to have different pairs working for different sessions, since it seems most any moves are made within one session. i.e. G/U opened at 2:32 EDT and TP at 3:06 EDT.
  • #237
  • May 19, 2009 9:10am May 19, 2009 9:10am
Quoting $aly
no fredella you should consider 25 hour!!!!!
is this v3????
thank you
Saly
Maybe where you live a day consists of 25 hours, then use v3. Others where a day is 24 hours use v4.

Fredella
  • #238
  • May 19, 2009 9:19am May 19, 2009 9:19am
Quoting Fredella
We'll get there .... Latest version attached. Have increased the font again.

Fredella

Thank you.
  • #239
  • May 19, 2009 9:26am May 19, 2009 9:26am
thanks fredella
attached to first post

Saly
  • #240
  • Edited 10:06am May 19, 2009 9:31am | Edited 10:06am
Quoting $aly
hi fredella
thank you..something is wrong
1-your green vertical line should show your red vertical line the same for example: red line 7 am and green line 7am too. it is now showing :red line7 am and green line 6am and then calculate this range ....so it 's calculate daily rang in wrong way now
2- i think your indicator has confused hours with each other for example i set dailyshift to 7 and my broker's time is +1 GMT now vertical lines should show 8am -8am while they show 6am-5am
thank you fredella

Saly
Hi Saly

Do you place orders at GMT+8 ?? If I am not wrong london opens at GMT+7. Thanks
Make money Not pips
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