First of all a big thanks to all the contributors in this great thread especially Bandung - but I have a question regarding the newly posted Swing Volume Indicator - at times it seems to be 1-3 bars behind.... anyone else having this problem, or maybe it's my computer?
Auction Market Theory and Market Profile
First of all a big thanks to all the contributors in this great thread especially Bandung - but I have a question regarding the newly posted Swing Volume Indicator - at times it seems to be 1-3 bars behind.... anyone else having this problem, or maybe it's my computer?
and bar#0 (current bar) will not calculated as it is not yet closed..
at least it's work like that for this moment..
...
I reverse my position as it fails to takeout UK high. Price break 1TF low eventually. Potential interim support would be yesterday's high or the spike base. Initial risk was 11p. Exposure reduce at 55p.
http://img638.imageshack.us/img638/3...4dec210259.gif
Uploaded with ImageShack.us
i fall a sleep when price is on your 1.618 fibs and woke up price still there, i just close my trade and go to bed.... and now i just notice that price is almost reached 2.618 while i sleep
...
- #3,844
- Edited 12:36am Dec 21, 2011 12:24am | Edited 12:36am
it's normal.. because it using czigzagclose to get the latest swing point
and bar#0 (current bar) will not calculated as it is not yet closed..
at least it's work like that for this moment..
- #3,846
- Dec 21, 2011 7:31am Dec 21, 2011 7:31am
One way around it "perhaps" is to use RF or 1TF, instead of zigzag. I think that would reduce the lag to only one bar.
Using RF would give you an interesting picture when the market is one-time framing.
i decide to wrote my own zz close, now there's no bars left behind...
i hope there is no problem/bugs with this one.
please ensure to download both attached files and put it on your mt4's indicators folder.
and... maybe this is my last post this year on this lovely thread.
i want to thanks you for everyone for everything.
http://s10.postimage.org/dyz1p4u21/happynewyear2012.png
...
- #3,851
- Dec 23, 2011 5:40am Dec 23, 2011 5:40am
- Joined Aug 2007 | Status: I'm a Lemurians | 1,432 Posts
this moment i want to a get a feel using the zz close(swing close) first.
i decide to wrote my own zz close, now there's no bars left behind...
i hope there is no problem/bugs with this one.
please ensure to download both attached files and put it on your mt4's indicators folder.
and... maybe this is my last post this year on this lovely thread.
i want to thanks you for everyone for everything.
http://s10.postimage.org/dyz1p4u21/happynewyear2012.png
- #3,854
- Edited 5:20am Dec 25, 2011 3:25am | Edited 5:20am
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined
- #3,855
- Dec 27, 2011 2:53pm Dec 27, 2011 2:53pm
- | Membership Revoked | Joined May 2008 | 3,395 Posts
this moment i want to a get a feel using the zz close(swing close) first.
i decide to wrote my own zz close, now there's no bars left behind...
i hope there is no problem/bugs with this one.
please ensure to download both attached files and put it on your mt4's indicators folder.
Hello Bandung, I believe that swing volume and therefore zz close contains both up and down price bars...by observing your indicator I noticed that swing in your indicator contains either only up price bars or only down price bars which as consequence presents extra swings which actually shoudn't be presented...you might look at http://www.tradingpsychologyedge.com...ve-Trading.png or http://www.tradingpsychologyedge.com/weiswave/ as a reference. If you agree please correct it.
The Market pays you to be disciplined
- #3,856
- Dec 28, 2011 1:43pm Dec 28, 2011 1:43pm
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined
- #3,857
- Dec 28, 2011 7:44pm Dec 28, 2011 7:44pm
When I slapped together this Range Estimation thingie, I never realized how consistent it could be. Don't get me wrong now, it isn't "the perfect answer" but damn, it gives great reference points!
Edit: Attached a 4H perspective on how things are going down.
(no pun intended)
Edit: Attached a 4H perspective on how things are going down.
(no pun intended)
- #3,858
- Dec 29, 2011 10:29am Dec 29, 2011 10:29am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
yes it does provide a very good perspective on where most fun is going on.
i presume your lower chart is set for weekly dynamic va, which was a perfect example for entering short - at the break of va-Low area, which was 3032-3016 (vaL was actually 3032, and 3016 was the lowest test were we saw a rebound before...). it's just a matter of playing with s/r areas with very low risk.
monthly, quarterly and yearly dynamic values work the same way.
beautiful indicator isn't it.
i presume your lower chart is set for weekly dynamic va, which was a perfect example for entering short - at the break of va-Low area, which was 3032-3016 (vaL was actually 3032, and 3016 was the lowest test were we saw a rebound before...). it's just a matter of playing with s/r areas with very low risk.
monthly, quarterly and yearly dynamic values work the same way
. beautiful indicator isn't it.
When I slapped together this Range Estimation thingie, I never realized how consistent it could be. Don't get me wrong now, it isn't "the perfect answer" but damn, it gives great reference points!
Edit: Attached a 4H perspective on how things are going down.
(no pun intended)
Nihil Sine Deo.
- #3,859
- Dec 29, 2011 10:51am Dec 29, 2011 10:51am
- Joined Jan 2007 | Status: Trader | 3,719 Posts
Nihil Sine Deo.
