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C4 Scalping

  • #6,801
  • Aug 16, 2009 3:23pm Aug 16, 2009 3:23pm
Tks Chris
Match perfectly
Regards
David

Quoting nsteve
Thank you for your contribution Chris!

I'm not sure how the arrows from your indi relate to SMI. On the attached chart (EURJPY) they seem to appear (marked with red lines) even when there are no SMI crossings. I used settings of 2,10,2,3 for both the Nitro-Momentum-Indy and SMI. How would one go about optimising it for the other Nitro pairs? Please help me understand. Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: smi.gif Size: 66 KB
  • #6,802
  • Edited 5:34pm Aug 16, 2009 3:47pm | Edited 5:34pm
Quoting Chris_B
Ok...here it is!!!

But read very carefully what i'm saying...


YOU DON'T NEED SMI in your chart, but you need it in your indicatos folder, i'm not a real coder, so my indy needs the original in the folder to show arrows...

Notice again that i don't know how this can work in real time because i've code it today...but if the code is correct...it simply reflects SMI crosses.

I attach both indys and hope it will work properly..
Formal thank you to Edge. Thank you, sir. This is has gotten interesting indeed!
Nice work Chris and congrats, run with it!
It really is an interesting indy...will do what I can to help also...
There's a bit of a bifurcation between the stochastic indy. relative to your arrows, that might be overlooked.
That is, we can have both a positive momentum reading as well as negative.
Momentum is indeed a vector which can be 'noisy'. With renko we've traded in some of our noise for a bit of a lag.
When an actual human trader sees where momentum is exactly, within this vector field,the probabilities of hitting +5 can be up'd to say 95% very quickly.
Looking forward to beating Nitro.
My best to all
  • #6,803
  • Aug 16, 2009 3:56pm Aug 16, 2009 3:56pm
Hi all,

I´ve a little technical problem and I hope that one of you can help me...

After loading one Renko Chart (10,2,10000,false) I´ve got a 100% CPU Utilization and the System-Fan went wild.
My System is a IBM ThinkCentre 2.4GHz and 1 GB RAM.
My Question to all Renko Users: Is this a normal behavior ? And if not, how can I fix the problem?

Please help me out...

...---... ...---... ...---...
  • #6,804
  • Aug 16, 2009 4:00pm Aug 16, 2009 4:00pm
Quoting Toledo
Hi all,

I´ve a little technical problem and I hope that one of you can help me...

After loading one Renko Chart (10,2,10000,false) I´ve got a 100% CPU Utilization and the System-Fan went wild.
My System is a IBM ThinkCentre 2.4GHz and 1 GB RAM.
My Question to all Renko Users: Is this a normal behavior ? And if not, how can I fix the problem?

Please help me out...

...---... ...---... ...---...
Hi, Do you have any other indicators loaded on the chart?
  • #6,805
  • Aug 16, 2009 4:24pm Aug 16, 2009 4:24pm
Quoting parky87
Hi, Do you have any other indicators loaded on the chart?
Hi Parky,

I´ve only Renko, the smCandles 3.1 and DX NitroMeter loaded. Nothing else...
  • #6,806
  • Aug 16, 2009 4:29pm Aug 16, 2009 4:29pm
Quoting Edgetrader
Focus ALL efforts on the two most likely periods to create good volume and volatility and ONLY the NITRO PAIRS!!!!!!!!!!

Asian/London and London/U.S. overlapping. Forget the rest of the times!!!!!!!!

1 hour before to 2.5 HRS after each. Put these on your charts! Focus your work efforts on this MAJOR breakthrough!!!!!!

Resist the greed demon and you will be well served. If this is done correctly, the combination of the live Momentum and arrow signal should be close enough in coordination as to be placed into the DX info meter. You will then...
I hope all folks read this with attention!
From some day i've understood that that 2 sessions remain the best to trade, as you say Edge, we need PA moving fast to be out of the market soon with our 5 pips...and this can happen frequently in that 2 sessions...
As i wrote in my new rules of trading "i don't want to stay all day watching my pc", i want to work as less as possible with me maximum confidence...

I would like to thank in particular Jackson101 for his input with Indexed Momentum...and i would like to tell to DXtrade that i can send him the code if he want to integrate arrows in his meter...even if i think he perfectly knows how to do it better than me
Market is like a puzzle, YOU have to fit the pieces!!
  • #6,807
  • Aug 16, 2009 4:32pm Aug 16, 2009 4:32pm
Overlapping Hours
As we are from all over the world ...

http://www.forexmarkethours.com/forex_market_hours_monitor_v2.11.exe

from http://www.forexmarkethours.com/

Hope it helps
David
  • #6,808
  • Aug 16, 2009 4:37pm Aug 16, 2009 4:37pm
Hi FF,

I am new to ff and joined ff last weekend. I am having some newbie problems with the setup of a simple method like this. So i wanted to ask if any ff member from here will help me with the setup.

please ping me on yahoo at [email protected].

Thanks a lot and I hope Edgetrader wont mind me posting for help in his thread

Thanks and keep earning those pips
  • #6,809
  • Aug 16, 2009 4:49pm Aug 16, 2009 4:49pm
Quoting ianf0ster
Hi,
Either you need an optician, or I do. I see a cross confirmed on each of your red vertical lines. Remember that a cross cant be confirmed until the candle after the lines meet -otherwise you would not know if they crossed or kissed.
Thanks, Ian - you make a good optician!

I see ... "the candle after"

And thanks again to Chris!
  • #6,810
  • Aug 16, 2009 5:05pm Aug 16, 2009 5:05pm
Quoting parky87
Hi, Do you have any other indicators loaded on the chart?
Hi Parky,

I switch my XP-Firewall off, maybe that helps... Waiting for more Ticks...

Many thanks for trying to help me...
  • #6,811
  • Aug 16, 2009 5:12pm Aug 16, 2009 5:12pm
Quoting TheFutureAce
Hi FF,

I am new to ff and joined ff last weekend. I am having some newbie problems with the setup of a simple method like this. So i wanted to ask if any ff member from here will help me with the setup.

please ping me on yahoo at ([email protected]).

Thanks a lot and I hope Edgetrader wont mind me posting for help in his thread
Thanks and keep earning those pips
What problems do you mean? It´s all very well explained. Please Read Page #1!
  • #6,812
  • Aug 16, 2009 5:30pm Aug 16, 2009 5:30pm
Quoting Edgetrader
Getting very close now!!!

By all means, post THIS indicator. I too wish to see it as designed. What I really would like is the visual of a live momentum indi combined with the soothing of an arrow confirmation. When we can see this, it will also allow DXTrade an opportunity to potentially enhance the 'info meter' even further. I know he likes it as set, but it can be even better. Challenge yourself. Many have come a VERY LONG way in a VERY SHORT time. From a simple charting perspective alone, we have seen the 'less is more' concept work well...

Just woke up here
OK... back to coding. Will see what I can come up with...
Might take a while to find the best combination... see you guys later this week.
Great job Chris!
And even greater job Edge...
"The only successful substitute for brains is silence."
  • #6,813
  • Aug 16, 2009 5:31pm Aug 16, 2009 5:31pm
Quoting Toledo
What problems do you mean? It´s all very well explained. Please Read Page #1!

Thanks Toledo, I was able to get all of them installed properly ( candlestick, MA, trix, Nitro)

Now working on my demo account. As the day just opened, I want to see the behaviour of this thing

will post my chart soon

Thanks
  • #6,814
  • Aug 16, 2009 5:35pm Aug 16, 2009 5:35pm
From post #1:

As shown, we have our 'primer' (SM Scalper Candles) and our 'charge' (MA color) wired to our 'detonator'. As PA (train) moves along, it takes a random path whereby it changes direction. This action (PA) thereby energizes your primer by having it change color from 'white' to 'black' or 'black' to 'white' depending on direction.
We have condition one (1) complete.

Very quickly, as PA continues in the same direction, it reaches a level whereby our 'charge' changes color (from 'yellow' to 'blue', or 'yellow' to 'red' depending on train direction) and thereby becomes HOT!!!!!!
We have condition two (2) complete.

Last, we need to know that PA has some apparent momentum that can be detected by our detonator. Once this occurs, our detonator is ready for activation. Take a quick glance at the meter (detonator).
Make sure it has a least 2 green 'bombs' for a buy and2 red' bombs' for a sell. You have to do the rest of the thinking on your own!!!!!!!!!!!
We have condition three (3) complete.

***************************************************************************************

 Hi Edgetrader:

Now, I am really confused again. You say I have to have at least 2 bombs the same color in the DX Meter. Doesn't that mean that either the primer, charge or detonator may not be ready? In the C4 scalper indicator, the bombs show primer, charge and detonator. That seems to go with the original idea. When all 3 the same color, push the plunger. Boom, you get 5 pips.

I read all of the posts but am getting more confused about how you do it. I also see you are using "train" analogies in your writing.

If anyone is interested, you can see how I use the train analogy in my C4 thread. (http://www.forexfactory.com/showpost.php?p=2958950&postcount=434)
Attached Image (click to enlarge)
Click to Enlarge Name: frankenpipchart.gif Size: 16 KB
If you only trade long, then you can't always be wrong.
  • #6,815
  • Aug 16, 2009 5:52pm Aug 16, 2009 5:52pm
Quoting DXTrade
Just woke up here
OK... back to coding. Will see what I can come up with...
Might take a while to find the best combination... see you guys later this week.
Great job Chris!
And even greater job Edge...
Actually I'm not sure whether I should filter the Trix arrows with the SMI or vice versa.
Anybody a valid argument for one of the options?
"The only successful substitute for brains is silence."
  • #6,816
  • Aug 16, 2009 6:00pm Aug 16, 2009 6:00pm
Quoting FrankenPip
From post #1:


I read all of the posts but am getting more confused about how you do it. I also see you are using "train" analogies in your writing.

Hello Frank,

No doubt you have read the entire thread and each one of Edge's posts. Not sure why you have train in inverted commas, because Edge has been using the train analogy from day 1. Nothing new here. http://www.forexfactory.com/images/icons/icon3.gif

K
  • #6,817
  • Aug 16, 2009 6:04pm Aug 16, 2009 6:04pm
Quoting TheFutureAce
Thanks Toledo, I was able to get all of them installed properly ( candlestick, MA, trix, Nitro)

Now working on my demo account. As the day just opened, I want to see the behaviour of this thing

will post my chart soon

Thanks
Well done! Good luck for you...
  • #6,818
  • Aug 16, 2009 6:10pm Aug 16, 2009 6:10pm
Quoting DXTrade
Actually I'm not sure whether I should filter the Trix arrows with the SMI or vice versa.
Anybody a valid argument for one of the options?
Hi,

You could consider a third option: when both indicators (TRIX and SMI cross) are positive or negative. So you don't have to filter one indi's arrows with the other indi, you only have to apply an "AND" condition to show the arrows.

Regards.
  • #6,819
  • Aug 16, 2009 6:21pm Aug 16, 2009 6:21pm
Quoting Toledo
Well done! Good luck for you...

Thanks dude. so cool just wait for the candles to change color with the trix and just follow the DX Nitro and you are all set..wow


THANKS EDGETRADER 4 the Fantastic method

EVEN a NEWBIE can do the SETUP on HIS OWN
  • #6,820
  • Aug 16, 2009 6:29pm Aug 16, 2009 6:29pm
Quoting Trader222
Hi,

You could consider a third option: when both indicators (TRIX and SMI cross) are positive or negative. So you don't have to filter one indi's arrows with the other indi, you only have to apply an "AND" condition to show the arrows.

Regards.
I heard about the AND condition && that was my first idea... but that will reduce the arrows tremendously.
Maybe not bad!
"The only successful substitute for brains is silence."
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