NY 5pm Fibs | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sunday gap trading: brokers opening at 5pm EST Sunday? 10 replies

after the time shifting in North america, the day starting time should be 5PM EST? 8 replies

Looking for PIVOTS indicator based on Us Eastern 5pm close 0 replies

Fibs, fibs, fibs 3 replies

"5PM EST" Pivot Point Indicator? > Levels 1 reply

Attachments: NY 5pm Fibs
Exit Attachments

NY 5pm Fibs

  • #81
  • Oct 16, 2010 10:47pm Oct 16, 2010 10:47pm
Better....the pivot lines are good now...but the comments re entry, SL and TP values are incorrect...as are the labels....and I'm just not sure when those got busted.....
Cheers
CanucKCT

Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-17_0044.png Size: 62 KB
  • #82
  • Oct 16, 2010 11:06pm Oct 16, 2010 11:06pm
Quoting CanuckCT
Better....the pivot lines are good now...but the comments re entry, SL and TP values are incorrect...as are the labels....and I'm just not sure when those got busted.....
Cheers
CanucKCT

Attachment
Don't shift using negative numbers....shift using positive numbers.

Your picture would be a positive shift of 23.

The attached picture is a shift of 22, because I could only shift it 22.
When tomorrow at 6pm comes by, then a shift of 23 would be possible.
Attached Image (click to enlarge)
Click to Enlarge Name: ny close 2.gif Size: 30 KB
  • #83
  • Oct 16, 2010 11:07pm Oct 16, 2010 11:07pm
Quoting CanuckCT
Better....the pivot lines are good now...but the comments re entry, SL and TP values are incorrect...as are the labels....and I'm just not sure when those got busted.....
Cheers
CanucKCT

Attachment
I have not coded in over 25 years .... so, all I'm doing is guessing ....
See comments in post 82.
  • #84
  • Oct 16, 2010 11:12pm Oct 16, 2010 11:12pm
Here's the picture for Friday, based on v1.4, HourlyShift=0.

I set the Buy SL at -10% and the Sell SL at -10% for clarity.

If the SLs = 0 then the Open and SL comments overlap.

Sorry that it is hard to read.
Attached Image (click to enlarge)
Click to Enlarge Name: ny close 2.gif Size: 30 KB
  • #85
  • Oct 16, 2010 11:32pm Oct 16, 2010 11:32pm
k, working now. Good job. If we are going to use more than 7 levels (3 for buys, 3 for sells and a pivot), that leaves one extra level re the max of 8 the way this is built. So will need to do two indicators if going to have more fibs. That shouldn't be too difficult now that it's working. Enought for me tonight though.
Cheers
CanuckCT
  • #86
  • Oct 16, 2010 11:37pm Oct 16, 2010 11:37pm
Quoting CanuckCT
k, working now. Good job. If we are going to use more than 7 levels (3 for buys, 3 for sells and a pivot), that leaves one extra level re the max of 8 the way this is built. So will need to do two indicators if going to have more fibs. That shouldn't be too difficult now that it's working. Enought for me tonight though.
Cheers
CanuckCT
Lets go with 3 buys and 3 sells for now.

Have a good night.
  • #87
  • Oct 17, 2010 10:20am Oct 17, 2010 10:20am
CCT,

Can you add input to allow controlling the range of dates the lines are displayed?

Start: 2010.10.14
End: 2010.1.1

or

# of periods from current date

or

Start: Current Date Default
End: 2008.10.3

I'd prefer the last one, but whatever you come up with will be good.

Thanks,
BD
  • #88
  • Oct 17, 2010 4:44pm Oct 17, 2010 4:44pm
Experiment 2:

BTP=100, BE=50, BSL=0

STP=100, SE=50, SSL=0

Attachment 1 (Blue and Red Fib):

Daily ATR(22)=149 roundup(149/2) = 75

Attachment 2 (Indicator):

Daily ATR(22)=149 rounddown(149/2) = 74

Open = 0 and is the BSL and SSL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ny close 1.gif Size: 30 KB
Click to Enlarge Name: ny close 2.gif Size: 26 KB
  • #89
  • Oct 17, 2010 6:48pm Oct 17, 2010 6:48pm
Quoting BarneyDog
Experiment 2:

BTP=100, BE=50, BSL=0

STP=100, SE=50, SSL=0

Attachment 1 (Blue and Red Fib):

Daily ATR(22)=149 roundup(149/2) = 75

Attachment 2 (Indicator):

Daily ATR(22)=149 rounddown(149/2) = 74

Open = 0 and is the BSL and SSL

this is beautiful...thanks for your efforts. i"m setting up my orders based on this too..let's see how it plays out
The World As It Is Can Do With Your Positive Disposition
  • #90
  • Oct 17, 2010 8:36pm Oct 17, 2010 8:36pm
Quoting liberty71
this is beautiful...thanks for your efforts. i"m setting up my orders based on this too..let's see how it plays out

yes! my short target has being hit!...1.3951 TP @ 1.3915...whao!

great works guys...pls keep it up
The World As It Is Can Do With Your Positive Disposition
  • #91
  • Oct 17, 2010 8:45pm Oct 17, 2010 8:45pm
A nice and simple setup....easy to understand...easy to execute.
Cheers
CanuckCT

Quoting liberty71
yes! my short target has being hit!...1.3951 TP @ 1.3915...whao!

great works guys...pls keep it up
  • #92
  • Oct 17, 2010 9:26pm Oct 17, 2010 9:26pm
Quoting CanuckCT
A nice and simple setup....easy to understand...easy to execute.
Cheers
CanuckCT
CCT and Liberty,

Thanks, we need more ideas focusing on risk and then profit.
I don't know if this will be profitable over the long run, or if it has been profitable.
Through help from CCT, Old_Dog, Skunny (yes I've read the thread), Accrete, Merlin, etc. ... we might have something.
Either Experiment 2 Idea or CCT's Progressive Idea (which I think will simply be amazing, because it will keep Risk to a minimum while letting the Profits run.) will be a lot of fun to follow.

Also, CCT's indicator allows for visual back testing. The indicator will also allow you to develop your own ideas.

Regards,
BD

More to come (screen shots, indicators, and maybe an EA or 2.).
  • #93
  • Oct 17, 2010 9:38pm Oct 17, 2010 9:38pm
Experiment 2: Red Fibs, and Indicator take profit.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ny close 1.gif Size: 29 KB
Click to Enlarge Name: ny close 2.gif Size: 26 KB
  • #94
  • Oct 17, 2010 9:41pm Oct 17, 2010 9:41pm
CanuckCT,

Can you make the fib lines appear all the way across, ahead of time?
  • #95
  • Oct 17, 2010 10:04pm Oct 17, 2010 10:04pm
CanuckCT,

Are you getting the hourshift to work?

BD
  • #96
  • Oct 18, 2010 2:05am Oct 18, 2010 2:05am
Quoting howard
I have visually gone through the chart, setting stops at 0.0 works better than setting it at 23.6.

In the latter case there are a lot of false stopouts which go to 100% target after stop being hit.

I will monitor it in real time and maybe with a small position from Monday, setting long and short positions at the same time at NY close, 9pm GMT 10pm London time

Hopefully the indicator is sorted out by then to anchor the pivot to day's open making life a little easier.
Monday 18 Oct

Short position hit target, long order remains pending until end of the day.

Win: 1
Loss: 0
Regards
  • #97
  • Oct 18, 2010 2:45am Oct 18, 2010 2:45am
Quoting BarneyDog
Experiment 2: Red Fibs, and Indicator take profit.

do i manually draw the red and blue fib lines cause my chart looks like the chart below...no red/blue fib lines.
The World As It Is Can Do With Your Positive Disposition
  • #98
  • Oct 18, 2010 3:15am Oct 18, 2010 3:15am
is there any way we can either let profit run or have other entry and exit points to take care of days like today?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1 copy.gif Size: 93 KB
The World As It Is Can Do With Your Positive Disposition
  • #99
  • Oct 18, 2010 7:54am Oct 18, 2010 7:54am
Quoting liberty71
do i manually draw the red and blue fib lines cause my chart looks like the chart below...no red/blue fib lines.
Hi,

Yes, the blue and red fibs are manually drawn.

BD
  • #100
  • Oct 18, 2010 8:00am Oct 18, 2010 8:00am
Breakout across 9 pairs....

Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-18_0957.jpg Size: 247 KB
3 traders viewing now