Sonic R. System

Attached are the _v4 upgrades to PivotsMW and PivotsD. They were posted briefly earlier today, but I pulled them after about a half hour in order to make an improvement.

PivotsMW has new code providing the options to start lines at the current candle and to stop lines at the current candle. This allows lines to be same as with PivotsD, which also has these new options (see chart 2 and chart 3). Additionally, the external inputs section is revised for improved clarity and consistency of terminology.

PivotsD has the new line start/stop options, as mentioned. Additionally:
1) Session background boxes have lighter default colors
2) There is new terminology for label placement in full screen mode, and an error correction now makes it easy to place lines at right.
3) An optional label is added for the Separator, showing the day of week.
4) An optional Data Box is added for display in upper left of chart. It has a user input for number of days to be used in calculating average range.

I recommend users read the notes at the top of the compiles. As the code becomes more complex, there is increasing risk of unintended conflicts as things are added, taken away, or changed. So, please feel free to coment on anything you discover that might need fixing.

HAPPY BIRTHDAY, RASTAMAN!

Edit: Domas4 just informed me of a glitch I introduced into the labels pricing. It does not affect forex, but negated intended pricing format for non-forex items. I have temporarily "pulled" the indicators. They will be corrected and added back. I will post a notice when I add them back, at which time you should toss those you have and download the replacements. Meanwhile, the ones you have are fine for forex.

Edit: The indys were pulled twice, but are ok now.

hey guys,

im new to the thread and have been reading along for awhile now. rastaman on your usd/jpy chart is that a template or your own support lines. I am only 18 so im starting out young, ive read some of john murphy, and ive currently been looking into day trading and studying price action.

Thanks,
Tyler

Many thanks T

I will load them immediately and keep a close look out on GU H4.

Bro, I try to download your latest Sonic RV3. But I just can't open it.
But I can't unzip it. Please help.

Thanks

EJ M15: PA "may" be rolling over here. I am watching to see if this current move up expires lower than the last significant high, or at least no more higher than around Weekly mR1=138.21, which may indicate repeated failure at this area to go higher. In which case, this may set up as an "Advanced SonicR", coined by ddaytrader.

Looks like the 1.62000 is a strong S&R area as far back as 1982 and 1987, plus less substantial resistance more recently.

There does not seem to be anything wrong with the zip file.
I just downloaded it and opened it without any problems.



Here are all the necessary files already unzipped in 2 posts because there is a limit on uploading files.

Files #1


Please post when you have downloaded and installed the indicators and templates and I will trash the file.

Files #2

If you mean this chart. there is just a fibo, trend line and Murrey math lines, I put on the chart.

http://www.forexfactory.com/attachme...2&d=1256521437

Ok, folks, PivotsMW_v4 and PivotsD_v4 are again available at the releasing post, a few posts back. Thanks to Domas4, one of those unintended glitches was quickly spotted and reported so it could be fixed. It only affected how the prices appeared on non-forex type charts (gold, stocks, etc.). In any case, the glitch is fixed.

Edit: I apologize again folks, but I had to pull the indys. Price labeling was still not functioning perfectly. The originals are better for the time being, as the glitch does not affect forex mode. The "fix" created a glitch in forex mode. This will get worked out and the indys will be posted again. Meanwhile, stay with those originally posted if you have them.

I trashed the old ones 15 mins ago. LoL

Just watching the matching lows on Gu M15.

Looks like something interesting is about to happen.
Probably fake dive then a huge hammer spike.

2 Consecutive Matching Lows
-Trend Continuation Breakout
-Must be within 2 pips
-More matching lows = More powerful
--------------------------------------------------

PS: Pic2 H1 shows Bearish Outside bar & Pic3 H4 just made a shooting star on close!

Big vol spotted…
And the setup is not that perfect with Higher High…

I put my buy stop already as per the pic..

See if it triggered..

Sonic

The pivot indys are okey now, and are available at the releasing post.

EJ M15: Price did fail at the Weekly mR1=138.21 area, which is also the Daily mR1=138.20 area. So, this failure may qualify the run down as an Advanced SonicR setup....would like to get ddaytrader reading on this.

Meanwhile, an elevated Ep looks good to me. I would place it just below the DPV, which is also just below the Monthly R2=137.87.

I will be looking to see if the volume looks good if/as the price moves down thru DPV.

GU: Just some thoughts on this one. It is said that one of the easiest trades is to go opposite after a sudden and big move. Well, GU did just that Friday. So, per the saying, looking for entry long would seem a good idea. And the very most recent little run down shows increasing volume on the run down, which also signals increasing trading as the price approaches previous lows, which in turn may get one thinking about buying in "low."

But when I look at the Day chart, I cannot but wonder if there really is any upside of value here. What we may be seeing is up/down and repeated "consolidation"....which in this case may mean "sell heavy to the down side, then rescue the price and pump it back up on light volume and then repeat heavy selling."

So, all in all, I am very wary of this one right now.

UJ: This could get interesting, if the wave works out. The H1 chart is what could make it interesting, if it works out!

Edit: Revised first chart to show Tp and SL.

EJ M15: Drawing the WAVE over a broader range of candles, and it still looks plausible.

What do u think about it.

I thnk you have a bad tic there.

Only when break out, waiting.