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Sonic R. System

  • #63,601
  • Dec 30, 2013 4:36am Dec 30, 2013 4:36am
Quoting sonicdeejay
{quote} Sent My scout short .. too.. {image} Would like to see 172.8x first... 1337204 Sonic {image}
Sonicdeejay, whats your view on the EU? Just starting watching with your charts and trying to get a feel.

Regards,
Cigarguy
Keep It Simple
  • #63,602
  • Dec 30, 2013 6:55am Dec 30, 2013 6:55am
Quoting cigarguy
{quote} Sonicdeejay, whats your view on the EU? Just starting watching with your charts and trying to get a feel. Regards, Cigarguy

I will wait for t price to go brlow dragon " then short..


Inserted Video


Sonic
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  • #63,603
  • Edited 8:09am Dec 30, 2013 7:29am | Edited 8:09am
Hello All,

My RDH and RDL lines are not working properly. I made different control panel tweaks but to no avail. New with these charts and any advice and help with the settings will be appreciated.

Thanks and Regards,
Cigarguy
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Keep It Simple
  • #63,604
  • Dec 30, 2013 7:54am Dec 30, 2013 7:54am
Quoting traderathome
{quote} Not yet released.
hello sonic
how to publish it there? so we can download it thanks
  • #63,605
  • Dec 30, 2013 9:03am Dec 30, 2013 9:03am
EURUSD

I made classic long trade with traliling SL and TP below whole number.
This was kind a risky long trade since the price made double top on daily TF and ˝falling star˝ on friday...


regards,
A
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  • #63,606
  • Dec 30, 2013 10:40am Dec 30, 2013 10:40am
TAH,

Read your notes in re: RDL and RDH lines and current settings (posted above) appear to be correct). My lines are not moving as noted in your notes. I would appreciate your assistance.

A. Two conditions determine where range lines appear....
1. Condition #1 - the Day/Week range has not exceeded the computed average range.
* The RDH/RWH line is the computed average range distance above the session Low.
* The RDL/RWL 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.
2. Condition #2 - the Day/Week range has exceeded the computed average range.
* If price swings during the day/week TF cause the difference between the high
and the low to equal the computed range, the range lines lock into place.
* This display will clearly show any subsequent breakout of the range.
B. The purpose of the range lines is to provide a perspective on how far PA might move
during the trading day or week. This can be of some guidance in selecting where to
exit a trade. A swing trader might pay more attention to the RWH/RWL lines, and hold
a trade into oncoming days. However, a day trader looking for quick profits and
limited exposure to market price swings might pay more attention to the RDH/RDL lines.

Happy Holidays and thanks for your help,

Regards,
Cigarguy
Keep It Simple
  • #63,607
  • Dec 30, 2013 10:55am Dec 30, 2013 10:55am
Quoting cigarguy
Hello All, My RDH and RDL lines are not working properly. I made different control panel tweaks but to no avail. New with these charts and any advice and help with the settings will be appreciated. Thanks and Regards, Cigarguy {image} {image}
Whenever anyone experiences a problem with indicators, I need to see the whole, the entire chart posted. And it would help if the broker was identified and what time zone the broker server is in. Thanks.

Some improvements to the Ranges code has been implemented and will be in the next release. Be patient. Meanwhile, Range mark placement errors are rare and can be lived with.
  • #63,608
  • Dec 30, 2013 11:04am Dec 30, 2013 11:04am
Quoting traderathome
{quote} Whenever anyone experiences a problem with indicators, I need to see the whole, the entire chart posted. And it would help if the broker was identified and what time zone the broker server is in. Thanks. Some improvements to the Ranges code has been implemented and will be in the next release. Be patient. Meanwhile, Range mark placement errors are rare and can be lived with.
TAH,

Thanks for your reply. The chart is posted in my above post. Broker is in Helsinki +2 GMT. OK yes, I have and can live without this function. Just attempting to get my charts in sync with yours and others posting.

Thanks and Regards,
Cigarguy
Keep It Simple
  • #63,609
  • Dec 30, 2013 11:10am Dec 30, 2013 11:10am
Quoting traderathome
{quote} NJ Short Trade Update: Added shorts #3-5, Scouts, with the last two just recently added and based on what I see as the MMs forcing price higher in order to accumulate short orders at better prices. Time will tell. TP now set, but tentative. {image}
NJ Short Trade Update:

Added short #6, Scout, as the price was taken above the 1/4SR on increased activity. No TP and no SL yet. My outlook is that all YEN pairs are critically high, and that if bonafide reversals are not forthcoming, at least some profit taking followed by retraces for reloading will be forthcoming.
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  • #63,610
  • Dec 30, 2013 11:20am Dec 30, 2013 11:20am
Quoting traderathome
AJ Short Trade Opened: Entered short #1, Classic. Looks to me like the MMs have been having a field day above the 1/4SR accumulating short orders. It might even be that there is so much shorting going on that even the MMs have been unable to keep the price above the 1/2SR for very long. If they do manage another drive up to and above the 1/2 SR, I intend to add to this short trade if I am at the computer to see exactly how things look at that time. {image}
AJ Short Trade Update:

Entered short #2, Scout, as price rose above the 1/2SR to the 3/4SR on increasing activity. No TP, no SL at this time.
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  • #63,611
  • Edited 11:50am Dec 30, 2013 11:25am | Edited 11:50am
Quoting cigarguy
{quote} TAH, Thanks for your reply. The chart is posted in my above post. Broker is in Helsinki +2 GMT. OK yes, I have and can live without this function. Just attempting to get my charts in sync with yours and others posting. Thanks and Regards, Cigarguy
Here is a chart based on GMT+2 with upgraded coding and showing broker pivots (non-pivotsTZ, note the "P" with "B" at Helsinki in the Clock), for your comparison. As I said, if anyone has a problem, I need to see the whole chart! posted, not just a segment of it! In truth, here with the Sonic R. System, there is never a valid reason to just post a segment of a chart, and it just causes readers to waste extra time trying to "fill in the blanks."

Note to Sonicers

See the two general rise and fall waves in the volume. Note how they coincide with the two general rise and fall waves of price. Conclusion: MMs using higher prices for doing most of their trading,.......buy low, sell high.
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  • #63,612
  • Dec 30, 2013 12:19pm Dec 30, 2013 12:19pm
Quoting traderathome
{quote} Here is a chart based on GMT+2 with upgraded coding and showing broker pivots (non-pivotsTZ, note the "P" with "B" at Helsinki in the Clock), for your comparison. As I said, if anyone has a problem, I need to see the whole chart! posted, not just a segment of it! In truth, here with the Sonic R. System, there is never a valid reason to just post a segment of a chart, and it just causes readers to waste extra time trying to "fill in the blanks." Note to Sonicers See the two general rise and fall waves in the volume. Note how they coincide...
OK, here you are as requested. Where can the indicator/chart with the upgraded coding be found?

Regards,
Cigarguy
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Keep It Simple
  • #63,613
  • Edited 12:54pm Dec 30, 2013 12:34pm | Edited 12:54pm
A Study of Classic Sonic R.

EURUSD is a good pair to use for this study. It has been ranging for most of the month following most recent highs in it's trend up. Setups have been found for both Classic longs and Classic shorts.

Today, the PA wave for a Classic long setup got started at the Asian session lows, where notable volume appeared. The first leg of the wave involved more notable activity as the price rose. The up/down PA that started the second leg is typical PA when accumulation of orders is taking place. Long or short orders? Well, the price went too high for those doing the buying, so they placed orders lower again, and the market makers took the price back down to fill them. The key here was to see that the activity increased as the price went back down. Next came the third leg and the EP zone. Following this, and before the US session opened, the market makers took the price back down again (leg 4) which might have been for more of their own accumulation of long orders. No matter what the reason, it took price back to the EP zone, a second chance before the US open for those that missed entering the first time. A nice 50ish pips run up followed.

Classic Sonic R. Summary
1. Trade only the London session.
2. Dragon angled up.
3. PA above Dragon (and better still, above the Trend).
4. Entry at least several pips beyond the end of the first PA wave leg #3 candle exiting the Dragon.
5. Set target (in this case the upper whole number was a good area for it).
6. Set stop loss (leave this one to you).
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And congratulations to Andreyas for doing a perfect job of trading this setup today!
http://www.forexfactory.com/showthread.php?p=7180252#post7180252
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  • #63,614
  • Dec 30, 2013 12:40pm Dec 30, 2013 12:40pm
Quoting cigarguy
{quote} OK, here you are as requested. Where can the indicator/chart with the upgraded coding be found? Regards, Cigarguy {image}
The last release is linked in post #1, which might be what you have. Your dilemma with RDH/RDL is so far, unique. No one else seems to be experiencing this. I am not experiencing this either, and I am using a GMT+2 broker also. Maybe your downloaded file for the Control Panel is corrupted. You might try downloading and installing it again.

I do plan another upgrade release which will involve various fixes and improvements, but I have not set the date for that.
  • #63,615
  • Dec 30, 2013 12:44pm Dec 30, 2013 12:44pm
Quoting traderathome
{quote} The last release is linked in post #1, which might be what you have. Your dilemma with RDH/RDL is so far, unique. No one else seems to be experiencing this. I am not experiencing this either, and I am using a GMT+2 broker also. Maybe your downloaded file for the Control Panel is corrupted. You might try downloading and installing it again. I do plan another upgrade release which will involve various fixes and improvements, but I still have not set the date for that.
TAH,

No problem and thanks. I will re-install and see what happens.

Regards,
Cigarguy
Keep It Simple
  • #63,616
  • Dec 30, 2013 12:44pm Dec 30, 2013 12:44pm
Quoting Sunbrella
{quote} UJ update UJ is still bullish on H1 and above. If my short entry survives I plan to close it around 103.5 Merry Christmas! {image}
UJ comment

My protective stop was hit in the meanwhile. Still seems to me that drops are just corrections before further raise and PA wants to reach the ideal top area first.
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Mind the gap
  • #63,617
  • Dec 30, 2013 1:16pm Dec 30, 2013 1:16pm
Quoting Sunbrella
{quote} Seems to me that the Yen is going to visit the pink area on the monthly futures chart during the next couple of months. This would mean short term bearishness followed by further bullish PA of the yen pairs as a result. {image}
Yen futures update


PA on the Yen monthly futures chart still gravitates to the pink area indicating all the bullish yen pairs remain bullish for a while probably. Worth considering a potential reversal maybe in Jan/Feb.
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Mind the gap
  • #63,618
  • Dec 30, 2013 1:18pm Dec 30, 2013 1:18pm
Quoting traderathome
{quote} The last release is linked in post #1, which might be what you have. Your dilemma with RDH/RDL is so far, unique. No one else seems to be experiencing this. I am not experiencing this either, and I am using a GMT+2 broker also. Maybe your downloaded file for the Control Panel is corrupted. You might try downloading and installing it again. I do plan another upgrade release which will involve various fixes and improvements, but I have not set the date for that.
TAH,

OK, downloaded again from Post #1 (below) 2013 Control Panel and Template, to no avail the lines remain static. It's not my computer or MT4 because I have 3 running and same on all. Sure its some small tweak.

Thanks again for your time!

Regards,
Cigarguy

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Keep It Simple
  • #63,619
  • Dec 30, 2013 4:08pm Dec 30, 2013 4:08pm
Quoting cigarguy
{quote} TAH, OK, downloaded again from Post #1 (below) 2013 Control Panel and Template, to no avail the lines remain static. It's not my computer or MT4 because I have 3 running and same on all. Sure its some small tweak. Thanks again for your time! Regards, Cigarguy Image only from post #1 {image}
Check External Inputs for the number of days to calculate the average. The default is set to 15 days and that is what you should see there, unless you changed it. Also, see what happens tomorrow, or the turn of the new day of trading. The RDH and RDL marks at the new day should be equidistant from the start, and the distance should be the number of pips shown in the panel as the average range. After the day is underway, RDH should be that number of pips above LOD and RDL should be that number of pips below HOD. Also, check what you get on a different pair, too. Let me know what transpires.
  • #63,620
  • Dec 30, 2013 4:23pm Dec 30, 2013 4:23pm
GU Comment

Last trading day of the year. First thing the Asian session MMs did was a mini spike of price back above whole number and right back down again. So, it could be the MMs are accumulating short orders. The question we'd like to know the answer to, but which we can never know the answer to, is what are they going to do today? Are they just going to accumulate short orders, or are they going to do something to make a profit on them before the year ends?
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