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Sonic R. System

  • #31,341
  • Feb 26, 2012 5:47am Feb 26, 2012 5:47am
Quoting sonicdeejay
I have post my weekly bias..on FB..

Sonic
Just started to follow this thread but cannot understand why you do not post your view here too ???

Is FB the preferred outlet ???
  • #31,342
  • Feb 26, 2012 7:00am Feb 26, 2012 7:00am
Quoting lucklogic
Just started to follow this thread but cannot understand why you do not post your view here too ???

Is FB the preferred outlet ???

it no big deal.. U can easily view there..

Sonic
  • #31,343
  • Feb 26, 2012 10:36am Feb 26, 2012 10:36am
Quoting adler
Hello Foxy
As you asked,

I follow a sonic for entries in 15mins and H4/H1 depending upon the market movement for Set ups.
1. Set ups
Mother Bar Breaks
Pin Bar Set ups.

Also I don't post as I trade other currencies not advocated in this forum.

I work full time so I cant post trades during the day. But I do follow the thread and as well my trades

For example: Yesterday: EURJPY
Master Sonic Follows I am sure H4/H1 for set ups (might be using some other way(resistence/supports). my feeling is TAH follows news/volume for...
M15 for me will do!
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Daytrader
  • #31,344
  • Feb 26, 2012 10:41am Feb 26, 2012 10:41am
Quoting traderathome
Re-read the instructions! You need to input the broker offset from GMT during the DST season, not the non-DST season! My guess is your broker server is based on London time zone, which only happens to be the same as GMT in the winter, but not in the summer which is what you need to input. Check it out, because this might be your mistake.

I think you have input the "non-DST_Server_GMT_Offset", not the "DST_Server_GMT_Offset". And you do not need to be live for this to display correctly, so your inputs are not yet correct. Try...
I know why it was confusing to me....there is a bug in the indicator:
sonicR 05-15-2011 - Chart Panel (White) is what I'm using. If there is a newer version, let me know, otherwise, here is the issue:
when you change DST_Server_GMT_Offset, every variable shifts the vines of the Lo, Lc, and N except when it's set to 0 OR 1 then it's the same!!! I see the lines at 7am GMT when 0 OR 1. When I set to 2, it shifts to 8am. If I set higher it moves each time to the right. If I set to -1 it's 5am GMT. So what this tells me is the default is showing 0 when in reality it's 1 already and when I change it to 1 or back to 0 it does nothing. So I need to keep it at 2 as a value and/or bug resolved.
  • #31,345
  • Feb 26, 2012 11:37am Feb 26, 2012 11:37am
Quoting jdtrader
I know why it was confusing to me....there is a bug in the indicator:
sonicR 05-15-2011 - Chart Panel (White) is what I'm using. If there is a newer version, let me know, otherwise, here is the issue:
when you change DST_Server_GMT_Offset, every variable shifts the vines of the Lo, Lc, and N except when it's set to 0 OR 1 then it's the same!!! I see the lines at 7am GMT when 0 OR 1. When I set to 2, it shifts to 8am. If I set higher it moves each time to the right. If I set to -1 it's 5am GMT. So what this tells me is the default is showing 0 when...
Try using the version released 06-15-2011:
http://www.forexfactory.com/showthre...55#post4692255

And please let me know if you get the same results, or if the problem becomes resolved. If not, then set to "2" because if the vLines align when the clock says they should then it is fine. Thanks. -tah

(Maybe I should ask you to help Beta test proposed new release package?)
  • #31,346
  • Feb 26, 2012 12:10pm Feb 26, 2012 12:10pm
Quoting traderathome
Try using the version released 06-15-2011:
http://www.forexfactory.com/showthre...55#post4692255

And please let me know if you get the same results, or if the problem becomes resolved. If not, then set to "2" because if the vLines align when the clock says they should then it is fine. Thanks. -tah

(Maybe I should ask you to help Beta test proposed new release package?)
The issue still exists with DST offset 0 and 1. I have mine set to 2 and then I get 8am matching on my chart. changing to 0 OR 1 yield the same results as the 5-15 indicator showing 7am and going to -1 brings it down 3 hours, which is what I would expect.

I did notice however another issue where the labels would not show right away after loading the indicator, but 6-15 solved that problem, but it was more minor. I would suggest NYo instead of N just so it's more clear, but that is just personal preference.

Sure, I can be a beta tester. I've been following this thread reading every post since 12/12/2011 already so I am familiar with it. Sometimes I don't post for awhile, but that doesn't mean I'm not reading.
  • #31,347
  • Edited 12:50pm Feb 26, 2012 12:24pm | Edited 12:50pm
Quoting jdtrader
The issue still exists with DST offset 0 and 1. I have mine set to 2 and then I get 8am matching on my chart. changing to 0 OR 1 yield the same results as the 5-15 indicator showing 7am and going to -1 brings it down 3 hours, which is what I would expect.

I did notice however another issue where the labels would not show right away after loading the indicator, but 6-15 solved that problem, but it was more minor. I would suggest NYo instead of N just so it's more clear, but that is just personal preference.

Sure, I can be a beta tester. I've...
"I have mine set to 2 and then I get 8am matching on my chart." -

This statement, a repeat of earlier, still confuses me. The 7am or 8am on the bottom of your chart is broker server time, nothing else. So, unless your broker server time is of the same time zone as the time zone for London, you will never see 8am at the bottom of your chart coinciding with the Lo vLine, unless your broker server is based on GMT. If your broker server is at GMT, then only in the winter will you see the alignment. In the summer, you will see 7am align with Lo.

You should not be forcing the vLines to align with 8am unless either your broker server is on GMT, or in the London time zone. Right now (wintertime) the London time zone is GMT, but come summertime the London time zone is GMT+1. If your broker server is at GMT, or in the London time zone (which are currently the same) this is why entering either "0" or "1" does not move the lines; DST time zone GMT+1 has become the GMT time zone....one and the same! If your broker server time is currently one time zone to the west of GMT then "7am" broker server time will align with "Lo" currently (wintertime). Presumably, once we get the shift to summertime your broker server time "7am" would still appear aligned with "Lo", because both the broker server time zone and the London time zone would spring forward one hour. Hence, no change in the number of hours between them. Coding might not be handling properly that single time zone just west of GMT, which might be GMT in summer, but GMT -1 in winter. Since the "DST" input would be "0" and since the code is told that is GMT and that GMT never changes with DST/non-DST, I can see the problem with the time zone just west of DST during the winter cycle. In the winter it should be GMT-1 but code has it locked in at GMT all year round. Just use "2" if that works for now. I'll look into the coding.

Send me your email address in a PM.
  • #31,348
  • Feb 26, 2012 12:37pm Feb 26, 2012 12:37pm
Quoting traderathome
"I have mine set to 2 and then I get 8am matching on my chart." -

This statement, a repeat of earlier, still confuses me. The 7am or 8am on the bottom of your chart is broker server time, nothing else. So, unless your broker server time is of the same time zone as the time zone for London, you will never see 8am at the bottom of your chart coinciding with the Lo vLine, unless your broker server is based on GMT. If your broker server is at GMT, then only in the winter will you see the alignment. In the summer, you will see 7am align with...
exactly...for demo I use IBFX. IBFX server is GMT+0. It is now winter, so I expect alignment with 8am at the bottom. This is why I stated "I have mine set to 2 so I can get 8am matching on my chart right now." Makes sense now? Changing the GMT offset to 0 or 1 did not create that result, and both values instead 7am.
  • #31,349
  • Feb 26, 2012 1:00pm Feb 26, 2012 1:00pm
Quoting jdtrader
exactly...for demo I use IBFX. IBFX server is GMT+0. It is now winter, so I expect alignment with 8am at the bottom. This is why I stated "I have mine set to 2 so I can get 8am matching on my chart right now." Makes sense now? Changing the GMT offset to 0 or 1 did not create that result, and both values instead 7am.
I think the simplest way to assuredly fix this is to mandate the user input both a "DSTserver_GMToffset", as well as a "nonDSTserver_GMToffset". That will preclude code trying to determine one from the other, which gets to be difficult if the broker server is in a time zone adjacent to GMT in the summertime.

You're a coder, right? You might delve into fixing the current attempt, but I'd say let the user make the extra input which will nail it.
  • #31,350
  • Feb 26, 2012 1:35pm Feb 26, 2012 1:35pm
Sonic, I totally agree with your 5 step.
I think the most valuable advice you can give to somebody who wants to start a Forex Trading based business is to have a strategy.
I always repeat this to my pupils, and I think it is quite clear from your .pdf.
I thank you for sharing it.

Thomas Jr. Kedf.
  • #31,351
  • Feb 26, 2012 5:10pm Feb 26, 2012 5:10pm
Long in EJ;
EP: 109 ,750
SP: 108, 500
TP: 111, 500
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  • #31,352
  • Feb 26, 2012 6:15pm Feb 26, 2012 6:15pm
Quoting jdtrader
exactly...for demo I use IBFX. IBFX server is GMT+0. It is now winter, so I expect alignment with 8am at the bottom. This is why I stated "I have mine set to 2 so I can get 8am matching on my chart right now." Makes sense now? Changing the GMT offset to 0 or 1 did not create that result, and both values instead 7am.
I downloaded IBFX MT4. Their server is London time zone, DST_Server_GMT_Offset is "1". And it works fine. The vLines are correctly placed and "8am" London local time is at the chart bottom of each Lo vLine. I don't know why you have a problem with it. I have made the minor mod required to avoid problems for a server in time zone just west of GMT that would also be at GMT during summer as is London during winter. But I know of no server in that time zone. Anyway, it is now handled should it ever come up. But this was not the source of problem we've been discussing.

My IBFX works fine. So, yours should also with the input "1" per above.
  • #31,353
  • Feb 26, 2012 6:39pm Feb 26, 2012 6:39pm
Quoting okanemici
Long in EJ;
EP: 109 ,750
SP: 108, 500
TP: 111, 500

Oka, you E/J Long entry is way above the Dragon, this is not a valid entry according to SonicR.
This entry would more likely to have a pullback first.

It would have been better if you wait for a pullback, be closer to the Dragon, and let it cross the Dragon again for a better valid entry into a Long/Short.
  • #31,354
  • Feb 26, 2012 7:03pm Feb 26, 2012 7:03pm
Quoting foxybunny
Oka, you E/J Long entry is way above the Dragon, this is not a valid entry according to SonicR.
This entry would more likely to have a pullback first.

It would have been better if you wait for a pullback, be closer to the Dragon, and let it cross the Dragon again for a better valid entry into a Long/Short.
I believe TAH and Sonic was right to say that the system will work well in London Session. Asian Session is not an ideal route to trade as most got whipsaw out SL.

As Sonic always mentioned,

Trade safe.


breeze
  • #31,355
  • Feb 26, 2012 7:09pm Feb 26, 2012 7:09pm
Quoting foxybunny
Oka, you E/J Long entry is way above the Dragon, this is not a valid entry according to SonicR.
This entry would more likely to have a pullback first.

It would have been better if you wait for a pullback, be closer to the Dragon, and let it cross the Dragon again for a better valid entry into a Long/Short.
You are right foxbunny, but this guy never gave me a chance last week since I started to follow it and watched it flying , this week I didn't wanna feel the same so I was ready to accept some loss .Thanks for your caring.

By the way I'm quite happy with Sonic system but I have a recommendation to Master Sonicdeejay and to Professor Tah .I'd be glad if they considered currency indexes more and post the possible trades of the weakest and the strongest pairs.If we do so we could avoid whipsaws , sit longer on profit and be more profitable.In the end we are not married to one currency pair

Here is an example what I mean
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  • #31,356
  • Feb 26, 2012 7:29pm Feb 26, 2012 7:29pm
Quoting traderathome
I downloaded IBFX MT4. Their server is London time zone, DST_Server_GMT_Offset is "1". And it works fine. The vLines are correctly placed and "8am" London local time is at the chart bottom of each Lo vLine. I don't know why you have a problem with it. I have made the minor mod required to avoid problems for a server in time zone just west of GMT that would also be at GMT during summer as is London during winter. But I know of no server in that time zone. Anyway, it is now handled should it ever come up. But this was not the source of problem...
maybe you are using a newer version of the indicator than I am using?

Not sure what to say...I could create a video showing you how it's doing it, but I guess it won't be of any use if you downloaded and ran that version on IBFX.
  • #31,357
  • Edited 8:53pm Feb 26, 2012 8:43pm | Edited 8:53pm
Quoting okanemici
You are right foxbunny, but this guy never gave me a chance last week since I started to follow it and watched it flying , this week I didn't wanna feel the same so I was ready to accept some loss .Thanks for your caring.

By the way I'm quite happy with Sonic system but I have a recommendation to Master Sonicdeejay and to Professor Tah .I'd be glad if they considered currency indexes more and post the possible trades of the weakest and the strongest pairs.If we do so we could avoid whipsaws , sit longer on profit and be more profitable.In...
It is good that you have at least posted your Chart with your EP, SL, TP.

We just need to have more patience on waiting for the setup. This is a hard part of trading, just waiting.
I understand what you mean when you see a pair just flying/dropping fast and you did not join on board that train earlier on.
We just wait at the Next Train Station before we jump on board rather than run after a fast moving train.


By focusing on 1 or 2 pairs only initially really help to learn better how to trade that pair better and noticing the behaviour of the traders who trade them.

Here you will see that SonicDeejay and most posters mentioned mostly on E/U.
However TAH mentioned many pairs that give potential opportunities to see and trade other pairs for the readers.

I would like to start looking more at USD Dollar Index.

Unsure what is you Chart's below indicator is showing ??

I also have looked at Relative Strength/Weakness indicator between pairs, and those indicator seem to come in a bit too late as the move is already done.

If you really want to play with more pairs, just choose a few pairs that are not totally related, and then watch them to see which is stronger or weaker. eg. something that may look like EUR/JPY, USD/CHF, GBP/EUR, AUD/USD.

The other way is to choose pairs that are related, and see which one move faster. eg. something that may look like EUR/USD, EUR/JPY, EUR/CHF, EUR/AUD.

Note that I don't mean those exact pairs, you will need to figure out which pairs you want to watch.
  • #31,358
  • Feb 26, 2012 9:27pm Feb 26, 2012 9:27pm
Quoting foxybunny
It is good that you have at least posted your Chart with your EP, SL, TP.

We just need to have more patience on waiting for the setup. This is a hard part of trading, just waiting.
I understand what you mean when you see a pair just flying/dropping fast and you did not join on board that train earlier on.
We just wait at the Next Train Station before we jump on board rather than run after a fast moving train.


By focusing on 1 or 2 pairs only initially really help to learn better how to trade that pair better and noticing the behaviour...

Well said!
  • #31,359
  • Feb 26, 2012 11:19pm Feb 26, 2012 11:19pm
EU:

Asian session pushed up and PA hit R and bounced down. PA now down thru Dragon. Might get short setup in time. Note nearby supports and RDL (Range for Day Low mark) is target, also.

With LO 3.5+ hours off, still time for more up/down, including whatever the FO might do an hour before LO. But this is looking bearish.
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  • #31,360
  • Feb 26, 2012 11:37pm Feb 26, 2012 11:37pm
AU:

Also looking bearish. PA bounced down from R. Next support down and RDL are possible targets. Again, still plenty of time for up/downs before London session.
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