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Sonic R. System

  • #23,021
  • Jul 7, 2011 2:39pm Jul 7, 2011 2:39pm
Quoting PipDizzle
, lol ! I havent seen anything in the user notes about this or atleast I maybe didnt understand, geeeeezzzzzzzz... Sorry for asking
Don't give me no bullshit now, PipDizzle....."I haven't seen anything...blah, blah..."!!!!

You missed the following?.......right out of the User Notes!

Optional Range High/Low Lines-

You can select to display two horizontal lines, one for the computed range high target for the
current session, and the other for the computed range low target for the current session. The
computed range is based on an averaging period you select (default = 16 days). The range
averaging process eliminates brief Sunday sessions, replacing them with another full session
day. So, no matter the averaging period, there are no short Sunday sessions to drag the average
down, and no days missing from the averaging process. You have your choice of line colors,
styles and thickness (for solid lines).

The optional range H/L lines are displayed in two different ways, according to two different
conditions. Condition #1 is that the session range has not exceeded the computed average
range. The RgH line is the computed average range distance above the session Low, and the
RgL line is the computed average range distance below the session high. The lines will move
as new highs/lows are achieved during the session. This display shows how far price can move
in either direction before exceeding the computed average range. Condition #2 occurs if PA
exceeds the computed average range. Then, if price is in the upper half of the new increased
range the RgL line is at the session low and the RgH line is at the computed average range
distance above the RgL line. And if price is in the lower half of the new increased range the
RgH line is at the session high and the RgL line is at the computed average range distance
below RgH line. This display shows the relationship between the computed average range limit
and the current session PA (Price Activity), which has moved beyond that limit.

You missed all of that? I don't think so. I think you never bothered to read all the stuff you've been instructed to read!

You'd best show up for your punishment tomorrow. The firing squad will be lined up at 5am EST........BE THERE.

-tah
  • #23,022
  • Jul 7, 2011 2:45pm Jul 7, 2011 2:45pm
Quoting traderathome
What? This is a huge thead? Naw......

Ok, just take a years course in speed reading. Then, you should be able to ingest the entire thread during a weekend, ......or several!

However, the "stopping volume" craze got started in April, I think,....definately appears in May. So, I suggest you go back to April and scan Sonic's posts for the appearance of this term. Once you lock into about when it started, you can read Sonic's posts from that point forward. That should cut down on the amount of posts to read.

Thanks much! Will be reading it.
  • #23,023
  • Jul 7, 2011 2:47pm Jul 7, 2011 2:47pm
Quoting Domas4
Woooow... hold on. That's not SonicR setup?!
1. Not in London session, but still in US session. At least it is not in the crappy asian session!
2. PA Wave for long, H-L-HL, showing possible bounce at S&R level 0.8444.
3. Dragon angled up.
4. PA above Dragon
5. Trend also up and PA above it, too.

Entry late in US session is based on nice 62% pullback, and with still time in the day for the US BBs to give 'er another shove up.
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  • #23,024
  • Jul 7, 2011 2:52pm Jul 7, 2011 2:52pm
Quoting traderathome
Don't give me no bullshit now, PipDizzle....."I haven't seen anything...blah, blah..."!!!!

You missed the following?.......right out of the User Notes!

Optional Range High/Low Lines-

You can select to display two horizontal lines, one for the computed range high target for the
current session, and the other for the computed range low target for the current session. The
computed range is based on an averaging period you select (default = 16 days). The range
averaging process eliminates brief Sunday sessions, replacing them with another...
Alright man you got me, I did read some of it thu, but I was getting alil confused on what was what and what for but I guess I'll go thru it again geeezzzzz , I never read so much in my life...... Thanks TAH...
  • #23,025
  • Jul 7, 2011 2:57pm Jul 7, 2011 2:57pm
Now it could go both ways. I think it would more 'SonicR setup worthy' if it had waves setup right:
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cut losses short, let profits run.
  • #23,026
  • Jul 7, 2011 3:01pm Jul 7, 2011 3:01pm
Quoting PipDizzle
Alright man you got me, I did read some of it thu, but I was getting alil confused on what was what and what for but I guess I'll go thru it again geeezzzzz , I never read so much in my life...... Thanks TAH...
Honesty, and confession are good for the soul.....

....now, get your lazy ass into the library and start studying!

I'll cancel the firing squad event. (Gee, and I was so looking forward to....)
  • #23,027
  • Jul 7, 2011 3:08pm Jul 7, 2011 3:08pm
Quoting traderathome
Honesty, and confession are good for the soul.....

....now, get your lazy ass into the library and start studying!

I'll cancel the firing squad event. (Gee, and I was so looking forward to....)
Yes sir , Wait but what about those S/R lines, how can I get those on my charts? Please dont scream....
  • #23,028
  • Jul 7, 2011 3:14pm Jul 7, 2011 3:14pm
Quoting PipDizzle
Yes sir , Wait but what about those S/R lines, how can I get those on my charts? Please dont scream....
I won't scream. And you aren't the first to ask.
So, if you were actually reading this thread, you'd already know the answer.

The indicator involved is not yet released. I am planning an upgrade release of the indicators, maybe mid month, which addresses some remaining code errors/changes/improvements and which will include this new indicator. I had planned on accomplishing this all this past weekend, but it was the July 4th holiday weekend. Everything got put on the back burner for a while.
  • #23,029
  • Edited Jul 8, 2011 8:44am Jul 7, 2011 3:39pm | Edited Jul 8, 2011 8:44am
Here is the text for the next release, likely mid-month, as a preview for Sonikers.

Upgrade Release of TAH Sonic R. Indicators:

User notes are provided in the compile of each indicator, which will answer most questions. And questions not answered probably will be with just a little use of, and experimentation with the inputs to, these indicators. Please read and reflect on the user notes, and experiment with the indicators, before asking any questions.

Once the indicators are installed into MT4 you can access the user notes. In the main MT4 window there is a yellow diamond icon with "i" in it. Click on it to open the MetaEditor, where you will find a list on the right that includes "indicators", where you will find the indicators you want to "open" in order to see the user notes at the top of indicator compile (code). Double click on any such indicator in the list and the code for it will appear in the MetaEditor window. You can scroll down the code to view. You will find user notes near the top.


Summary of Indicators and Changes:

SonicR Chart Panel
Places market data panel in upper left of chart. Also, it is a multi-function, creating....
1. custom bid line
2. background levels (whole, half, quarter numbers)
3. daily pivots (for any time zone)
4. average range H/L lines
5. day separators
6. vertical lines for the open and close of the London session, including the NY open

For the time zone shifted pivots and the vLines to function properly, you must correctly input:
1. "DST_TzPivots_GMT_Offset"
2. "DST_Server_GMT_Offset"
3. "DST_Zone"
Read the user notes in the complie of the indicator to learn about this.

Several coding corrections/improvements have been made, and are listed in the User Notes. Most notably, labels are now provided for Levels, and the missing code limiting the search for DST status to hourly is now added. It is important you understand that this upgrade corrects errors existing in previous releases, and should therefore be the one used.

*Our debt of gratitude is owed to CaveMan for the pivots time zone shift code, which also handles partial day situations for both broker and time zone shifted pivots, and also for the automated DST changeover code. Thank you, CaveMan!


SonicR Clock Panel
An extension panel clock showing various market open/close times. It is also useful to check proper positioning of the vertical lines. For a cleaner chart, you can turn the Chart Panel vLines off and turn the Clock Panel on, using it to trade the London session.

*Thank you, pips4life, for the clock core code.


SonicR Dragon-Trend
Displays both, with separate On/Off controls. The Trend indicator is an option to the Sonic R System, so it is included. It is best if PA is above the Trend for longs, and below for shorts.

Previously, the M15 configuration of the Dragon could be displayed on M30 and H1 charts. The coding has been expanded to allow user choice of Dragon displays on M30, H1, H4 and D1 charts. For example, now the H4 chart can display the Dragon configuration from the M15, M30 or H1 chart in addition to the normal H4 Dragon display.


SonicR FFCal Headlines
Displays 4 headlines color coded for High, Medium, Low and no impact, and Bank Holidays. Fully automated prioritization of headlines helps avoid unpleasant surprises, and will now show multiple simultaneous High Impact events. News for any country can be shown on any chart.

*Thank you Derk Wehler, and other contributors, to the core code of the original FFCal indicator.


SonicR S&R Lines
This is a new indicator….
1. accepting input numbers for S&R lines directly into the code/compile allowing for unlimited entries and easy maintenance of the numerical sequence
2. managing the display of the lines, meaning all the various ways of displaying horizontal lines that are coded into the SonicR Chart Panel are also coded into this indicator

There is no known coding (fractal or otherwise) that can pick up "best" locations for S&R line placements; there are too many variables involved. The eye, however, can quickly discern these best locations. Therefore, this indicator does not compute S&R, but relies on the user to input S&R line values directly into the code.

The way to use this indicator is, for example with EU, enter the S&R line data into the compile and save with "EURUSD" added to the indicator name (SonicR S&R Lines EURUSD). Now you have a S&R line generator indy specifically for EU, which can be added to any EU chart whenever you want to. You could make a "series" of this indy, one for each pair you trade with the pair IDs in the indy names. The S&R lines that are so carefully selected, can be stored via the indys, and applied to the appropriate charts whenever needed. The user notes explains in detail where and how to enter your S&R line values into the code; a very easy process. The notes also explain how to easily manage changes as time goes on, keeping the list of S&R levels expanding, always sequentially ordered for your own convenience, and with just the range of lines you want being displayed, and the rest easily made active anytime.


SonicR VA Candles
This indicator colors some candles according to the SonicR VA indicator volume situations, making correlation easier.

Coding changes/corrections/improvements are the addition of buffer clearing, the use of a single period for both rising and climax volume calculations, the ability to specify width when wide candles are selected, and the addition of a % factor applied to climax volume candles to enable more to be shown. A % factor for rising volume candles already exists for the same reason.

*Acknowledgement is hereby given to enigma4x and his CandleVolume indicator, serving as inspiration to create an indicator based on the SonicR VA indicator code.


SonicR VA
The use of a volume indicator with the Sonic R System is recommended by Sonicdeejay. To date, three different forms of volume indicators have been used; some form of the NVO indy, some form of a Volumes Enhanced or SonicR Volume indy, and some form of a "volume spread analysis" indy. This indicator is a hybrid, partly SonicR Volume and partly VSA. It displays a normal volume histogram, color coded for above average volume bars and for climax up/down bars. The three most important things to look for in volume are....
1. high/rising volume near the start of legs #1 and/or #3 (bottom areas of Wave for longs, top areas of Wave for shorts)
2. rising volume during Leg#2 of the PA Wave
3. high/"stopping" volume during a run (especially if PA has achieved a S&R area)

Coding changes/improvements are the use of a single period for both rising and climax volume calculations, the ability to specify width when wide volume bars are selected, and the addition of a % factor applied to climax volume bars to enable more to be shown. A % factor for rising volume bars already exists for the same reason.

*Acknowledgement is hereby given to the Better Volumes indicator (author unknown), from which some coding is used.
  • #23,030
  • Edited 6:42pm Jul 7, 2011 5:50pm | Edited 6:42pm
From this site:
http://www.zerohedge.com/article/no-...ys-berserk-cru

After we reported about the aberrant Crude Oil Futures algo earlier, we asked out friends at Nanex to take a closer look. What they discovered is something far more disturbing than merely another iteration of the confused "fractal" algo seen previously trading Natural Gas.
In essence, the odd trading pattern in CL was not isolated, but worked in tandem and in seemingly perfect arbitrage with events in the key crude-related ETFs: USO, UCO and SCO.
In Nanex' words:

What appears to be a massive arbitrage algorithm involving the NYMEX Crude Oil futures (CL) and ETF symbols USO, UCO, and SCO, began executing at 13:35:43.850 and ended about 5 seconds later. The August futures contract (CL Q11) cleared out both sides of the depth of book 4 times.

At first sight, the oscillations in the CL future appear somewhat similar to the oscillations from another algorithm involving natural gas on June 8, 2011. However, on closer inspection, this is something entirely different.

And for all those who are convinced that it was not merely HFT that caused the May 6 flash crash, but a tandem sell-off between futures and correlated ETFs, here is the sobering conclusion as to why absolutely nothing has changed since the Flash Crash.

This is an event that regulators need to spend time taking apart and analyzing in detail. It will be well worth it, because there are similarities with algorithms that cause disturbances in the equity market via arbitrage between the S&P future and the equity ETFs SPY, IWM, QQQ, etc (one of those disturbances resulted in the "flash crash"). Someone has a distinct speed advantage and is taking full advantage of it.

In other words, the very same actors are still engaging in all the same manipulative activities that caused the biggest (if very short lived) market drop in history are still here, however they are now trading other products, which as is well known the administration has a keen interest in seeing plunge in price.

For the conspiracy theorists out there, recall the events surrounding the market crash and the exigency to pass circumstantial legislation that both prevented an audit of the Fed, and to encourage Europe to bail out Greece for the first time. In other words, keeping with the conspiratorial bent, if the SEC does not pursue the perpetrator of this trading pattern, who very well may have been the same one to crash the stock market back in May of 2010, at least we will know why. Oh, and don't be surprised to see the equity flash crash transposed to other politically convenient products when so required (preferably before key political events that require the consumer to suddenly feel wealthy). Such as crude... and of course precious metals (which incidentally reminds us: has anyone found who caused that massive crash in silver on May 1 which marked the top in the silver market? We didn't think so).

-----------------------------------------------------------------------
Ok. I just thought non-believers in markets manipulation would like to chew on this for awhile. This one points to a BB with incredible resources and interface speed with markets, one whom "authorities" seem to be either "instructed" not to, or too intimidated to, ferret out.

Here is some pure speculation......could the Federal Reserve/Central Bank (which is not "Federal" at all, but totally independent) be trading selected markets, with extreme advantage of resources and speed, and using the profits to help back all the "funny money" it is printing? Will, when the "right" time comes, and the critics of the soundness of the US dollar are wailing at their peak, certain evidences of the strength of the US dollar be revealed that were totally unexpected? ......A Federal Reserve with some unexpected reserves?
  • #23,031
  • Jul 7, 2011 7:37pm Jul 7, 2011 7:37pm
Hi Sonicdeejay

Firstly, many thanks for creating a great system and also sharing it with others. It's obviously very popular and for good reason. I've already had some great trades.

The only thing is that I keep missing some of the set ups. Is there a way of creating an alert with Metatrader for when price crosses tha main (purple) trend line?

Many thanks once again.
  • #23,032
  • Jul 7, 2011 8:00pm Jul 7, 2011 8:00pm
I will have to take the punch bowl away as the party progresses along..
We have a NFP tonite.. Big skinny dipping fr BB expected,,
Either u sit out or bring along wide SL..


@Davy,,, so far not avail..


Sonic
  • #23,033
  • Jul 7, 2011 8:09pm Jul 7, 2011 8:09pm
Quoting TRMZXT
WOW... ok that is HUGE thread. LOL Do you have any highlight points so I know what to pay attention to on that thread. Some of what I read is a little confusing. Thanks!
For that thread, like most threads, read the first 300 pages is more important.
The first 300 pages roughly will tell you what it is about, and then you will see if it is suitable to your style.
It may not be suitable for your style.

I can average reading 50 pages either 1-2 hours.
You should spend a few weeks reading through it, as it is worth it.

You will know who are the main posters to look for.

The main reference is an ebook "MTM" "Master the Market" mentioned in that thread as well as in this SonicR thread.

Don't read the most recent pages, not much use there.
And don't ask question in that thread until you read and re-read the important posts/pages a few times.

That thread is more of an idea, not a definite system, no EA there.
And not much derived indicator there.
  • #23,034
  • Jul 7, 2011 8:20pm Jul 7, 2011 8:20pm
Quoting Domas4
TAH, looks like a sound plan. Just one thing - placing TPs at RgH/RgL areas would not be trading price action, but indicators. My suggestion would be to remove them and place TPs at S&R.
Placing TP at RgH/RgL for the day session still seem to be effective.
Perhaps the calculation RgH and RgL is near the S&R, which means it does relate to Price Action.
Not yet check the actual calculation of it.

For a bit longer TP, prefer to set at S&R from the daily chart.

Wondering if RgH/RgL would calculate for the weekly session, rather than just daily session.
  • #23,035
  • Jul 7, 2011 8:28pm Jul 7, 2011 8:28pm
Quoting traderathome
From this site:
http://www.zerohedge.com/article/no-...ys-berserk-cru

After we reported about the aberrant Crude Oil Futures algo earlier, we asked out friends at Nanex to take a closer look. What they discovered is something far more disturbing than merely another iteration of the confused "fractal" algo seen previously trading Natural Gas.
In essence, the odd...
Good article, just a bit too deep to think.

Would not want to speculate/think too much on BB and news, or even where the US$ may be going.

Just know that BB use Red news to either fake a move, or stop a move, or make the real move.

Then "Let the Market Decide. And We Follow the Market".
Easier to say than do.
  • #23,036
  • Jul 7, 2011 8:59pm Jul 7, 2011 8:59pm
Quoting traderathome
EU:

Last add, EP4 long = 1.4360.
EU:

After the previous post, I entered...
EP5 long = 1.4320 (pic 1)
EP6 long = 1.4291 (pic 2)
EP7 long = 1.4255 (pic 3)

I have just closed out this trade at 1.4362 (pic 4)...
92 pips loss on EP1
82 pips loss on EP2
32 pips loss on EP3
00 pips gain on EP4
40 pips gain on EP5
69 pips gain on EP6
105 pips gain on EP7
*8 pips total profit*

....and lucky to have made that! Horrible trading on my part.
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  • #23,037
  • Jul 7, 2011 9:35pm Jul 7, 2011 9:35pm
that was one close shaved trade, but hey,, what's there to worry,, green pips..in da bank..


Like I mention what it take to be successful trader..


Direction was eventually right,, it was the timing that almost killed the trades..


Trade safe fellas..

Sonic

Quoting traderathome
EU:

After the previous post, I entered...
EP5 long = 1.4320 (pic 1)
EP6 long = 1.4291 (pic 2)
EP7 long = 1.4255 (pic 3)

I have just closed out this trade at 1.4362 (pic 4)...
92 pips loss on EP1
82 pips loss on EP2
32 pips loss on EP3
00 pips gain on EP4
40 pips gain on EP5
69 pips gain on EP6
105 pips gain on EP7
*8 pips total profit*

....and lucky to have made that! Horrible trading on my part.
  • #23,038
  • Jul 7, 2011 10:08pm Jul 7, 2011 10:08pm
Quoting traderathome
EU:

After the previous post, I entered...
EP5 long = 1.4320 (pic 1)
EP6 long = 1.4291 (pic 2)
EP7 long = 1.4255 (pic 3)

I have just closed out this trade at 1.4362 (pic 4)...
92 pips loss on EP1
82 pips loss on EP2
32 pips loss on EP3
00 pips gain on EP4
40 pips gain on EP5
69 pips gain on EP6
105 pips gain on EP7
*8 pips total profit*

....and lucky to have made that! Horrible trading on my part.

Arhh, wonder why you Close ALL EUR/USD-Long when it has Not yet reach today's RgH, and what seem like to be the start of a Sonic Classic Long ??

Are you thinking Short again ??

You may consider how you calculate just Total Profit for many transactions, how about doing Total Profit divide by Number of Trasactions ?
That will give a good hint of your hit rate as well.
  • #23,039
  • Jul 7, 2011 10:16pm Jul 7, 2011 10:16pm
Hi, ddaytrader!

I see your name below. Gosh, welcome back, friend! Hope all is well with you.

-tah
  • #23,040
  • Jul 7, 2011 10:19pm Jul 7, 2011 10:19pm
Hi ddaytrader! Glad to see you real time.I am a sonic beginner.Although you dont know me,I learned a lot from you and printed several great posts from you. Currently I read to page 680+.
Looking forward to seeing your great post again
Best regards.
ldytzhi
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