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  • Post #81
  • Quote
  • Jun 27, 2006 8:15am Jun 27, 2006 8:15am
  •  The Wizard of Oz
  • | Joined Jan 2006 | Status: Ghot Angrez gu`ak | 143 Posts
Quoting downunderdave40
Disliked
I have a newbie question. How do you load the indicators in the dealbook platform. I know how to load MT4 indicators in the SBFX platform but don't have any experience with doing that in dealbook?
Ignored
open chart studio

open the indicator file - ie. *.ctl

go to build --> verify module, then build --> install module

Wiz.
 
 
  • Post #82
  • Quote
  • Jul 17, 2006 7:33pm Jul 17, 2006 7:33pm
  •  Grangelo
  • | Joined Jul 2006 | Status: Member | 2 Posts
Can someone please help me ? I need to to put a Simple Moving Average <!--StartFragment --> of the RSI within the RSI window (subgraph). Again it is a moving average
of the RSI (not of the price's close,open,high or low). Is it possible?
Can I have a hull moving average of the RSI as well?
 
 
  • Post #83
  • Quote
  • Jul 18, 2006 4:56am Jul 18, 2006 4:56am
  •  witchazel
  • | Joined May 2006 | Status: Member | 292 Posts
Quoting feb2865
Disliked
Witchhazel

Thank you very much for the code. I was looking for that everywhere.

Maybe I am asking something a little difficult but, well anyways. is there a way we can put a price label on the lines?

sorry if I could cause any inconvinience

Thanks to all the members of this forum especially from this thread for all the effort and desire in open a thread concerning about GFT dealbook.
Ignored
im not sure how to add text, i neve tried. what i do is make r1/s1 green r2/s2 yellow and r3/s3 red.
 
 
  • Post #84
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  • Jul 30, 2006 11:00am Jul 30, 2006 11:00am
  •  hanselgreetel
  • | Joined May 2006 | Status: Member | 3 Posts
Quoting dariuske
Disliked
Oeps,

Just saw a mistake.

The fib levels are on the 24 EMA instead of the 28.
Here is the correct version!
Ignored
May i ask can i use vegas daily tunnel on 1hr or 30m chart?
 
 
  • Post #85
  • Quote
  • Jul 30, 2006 11:55am Jul 30, 2006 11:55am
  •  gidnoa
  • | Joined Jul 2006 | Status: Member | 37 Posts
I'm looking at GFT since it's the only platform offering exotics that i could find (can anyone suggest others?), but i understood they don't pay interest when you're owed carry- is that true?
Thanks!
 
 
  • Post #86
  • Quote
  • Aug 10, 2006 2:05pm Aug 10, 2006 2:05pm
  •  chadcmello
  • | Joined Aug 2006 | Status: Member | 1 Post
Does anybody have a moving average slope indicator in CTL? For anyone interested, below is a good Pivot Point calculator(automatic) that I came across.

chadcmello
Inserted Code
 
 
/* This indicator plots pivot points based on Peter Bain's 9 pivot point Calculations */
/* Plus 4 additional points-- S3, R3, MO, and M5. */
 
/* Designed on Chart Studio for use on GFT's DealbookFX2 trading platform.*/
/* Install using Chart Studio. After installing it, add it to your charts via the*/
/* "Setup Indicators" button...the red squiggle with the pointing hand over it. */
/* You also have to UNCHECK the box "add the indicator into a new window", as you */
/* want it to overlay your price chart. (Do not use right-click-->"add studies" as */
/* this will place the plot in a window below the price chart and will be useless.) */
/* You may need to restart Dealbook before using the installed indicator */
 
/* It has one input, and that is the hour that you want it to use as the start and*/
/* end of your 24hour calculation. The default is 21, as that is what works for me to*/
/* calculate the pivot points on midnight New York. You may need to tweek it to get it*/
/* to calculate for your preferred 24 hours (just look at the hour on which the pivot */
/* lines change, but keep in mind Dealbook uses GMT on the charts.) The plot colors */
/* are random, you will need to adjust them to your preference. */
 
/* If you then save your layout, your charts will be all set-up whenever you restart */
/* DealbookFX. If you right click anywhere, the labels at the top will correspond to */
/* the pivots for that day that you clicked on. Since it does not lable the lines as */
/* PP, R1, M1, etc, I use color codes and line weights to help me remember which line */
/* I'm looking at.*/
 
/* I have found it to work reliably on the 1-hour and on 15-minute charts that I use. */
/* It might work in some other chart intervals, but I dont use them much. It should */
/* work reliably on the 5, 10, 20, and 30 minute charts as well. It does not work*/
/* on the 1 minute (need a whole days data) nor consistently on the 2 and 4-hour charts.*/
/* It does not plot for the first partial and first whole day, as it needs a whole*/
/* days data to accurately find the HLC to calculate the Pivots for the next day. */ 
 
/* Two, perhaps, anomalies are on the calculations for Sunday's and Monday's */
/* Pivots. For Sunday it will continue to use Friday's Pivots. Monday's */
/* Pivots are calculated from 2100 Thursday thru 2100 Sunday (or whatever hour you*/
/* use). The indicator still Plots lines, but some people use a different time-frame */
/* to calculate the Sunday and Monday Pivots, and Peter Bain doesn't trade on Monday */
/* so I haven't had any numbers to compare the calculations. The Monday pivots SEEM */
/* to make sense, but I am just not sure of the value of them. The Tuesday thru */
/* Friday Plots have consistantly been in line with the numbers that Peter Bain posts */
/* on his website. Due to the simplicity of this program, I will not alter it to */
/* calculate a different window for Sunday or Monday. */
 
/* Another small quirk I noticed is that on some currancies it will show the Pivot*/
/* values as calculated out to more decimal places than the normally used...ie, for */
/* USDJPY it may show in the legend the PP value as 105.5633, but will plot correctly */
/* at the rounded amount of 105.56, as the traded unit is only carried to 2 decimal */
/* places. There is a setting in Dealbook to adjust how many decimal places are */
/* displayed on the legend, if this is an issue for you. */
 
/* All that said, use this indicator at your own risk...or benefit. I won't take any */
/* responsibility for anyone loosing money while using this indicator. If you find */
/* this to be a time-saver and you make big bucks in the process, then Paypal some my */
/* way. I won't take responsibility for calculation errors, but email me if you find */
/* an error in the program and I'll try to fix it.*/
 
/* copyright August 2004, may be distributed freely but don't change anything.*/
/* Originally posted to Yahoo group "OpenFX", March 11, 2005. Look there for updates,*/
/* or further instructions. */
 
/* [email="[email protected]"][email protected][/email]*/
/* not affiliated with or endorsed by Peter Bain check-out his site at forexmentor.com*/
/* also not affiliated or endorsed by GFT, but here is the site gftforex.com, */
/* get DealbookFX2 and Chart Studio there.*/
 
indicator Pivot_Points;
input 
 StartHour = 21; /* hour of start of day. I use 2100 as it equates to 2400ET for me*/
draw R3("R3"), M5("M5"), R2("R2"), M4("M4"), R1("R1"), M3("M3"), PP("PP"), M2("M2"),
 S1("S1"), M1("M1"), S2("S2"), M0("M0"), S3("S3");
vars i(number), /* index */
 lst(number), fst(number), /* index of first and last items in the data set*/
 Whigh(number), Wlow(number), /* Working H&L */
 Lhigh(number), Llow(number), Lclose(number), /* Last HLC used for calc PP */ 
 i1ststart(number), /*index of start of first whole day*/
 i2ndstart(number), /*index of start of second whole day*/
 daycount(number), /* used to find first 2 days */
 L_PP(number), /*last calculated PP, only changes at start of new day */
 L_R3(number), L_M5(number), L_R2(number), L_M4(number), L_R1(number), L_M3(number), L_M2(number),
 L_S1(number), L_M1(number), L_S2(number), L_M0(number), L_S3(number);
begin
 
/* init Variables*/ 
 
lst := back(close);
fst := front(close);
daycount := 0;
 
if lst < fst then
return; /* exit on erroneous data */
 
/* Scan array, find 1st and 2nd days. Ignore first partial day*/ 
for i:= fst to lst do begin
if hour(timestamp[i]) = starthour and minute(timestamp[i]) = 0 then begin /* look for start of day based on input starting hour */
 daycount := daycount + 1; /* start counting at begin of first day */
 if daycount = 1 then begin /* do only at begin of first day after we have skipped partial day's data */
i1ststart := i; /*found index of first day */
Whigh := high[i]; /*Change working HL to current HL at start of first day */ 
Wlow := low[i];
 end; 
 if daycount = 2 then i2ndstart := i; /*found index of start of second day */
end;
if daycount = 1 then begin /* find HL of first whole day */
 if high[i] > Whigh then Whigh := high[i];
 if low[i] < Wlow then Wlow := low[i]; 
end;
end;
if daycount < 2 then return; /* if not at least 2 days of data started then exit */
 
/*Main routine*/
for i := i2ndstart to lst do begin /*starts plotting only at start of second whole day */
if hour(timestamp[i]) = starthour and minute(timestamp[i]) = 0 then begin
 Lhigh := Whigh; /* if we are at the begin of a new day then change HLC and recalculate Pivots */
 Llow := Wlow;
 Lclose := close[i-1];
 Whigh := high[i]; /*Change working HL to current HL at start of day */ 
 Wlow := low[i];
 L_PP := (Lhigh + Llow + Lclose)/3; /* Calculate PP based on yesterday's HLC*/
 L_R1 := (2 * L_PP)- Llow;
 L_S1 := (2 * L_PP)- Lhigh; 
 L_R2 := L_PP - L_S1 + L_R1;
 L_S2 := L_PP + L_S1 - L_R1;
 L_R3 := 2*L_PP + (Lhigh - 2*Llow);
 L_S3 := 2*L_PP - (2*Lhigh - Llow);
 L_M0 := (L_S2 + L_S3) / 2;
 L_M1 := (L_S1 + L_S2) / 2;
 L_M2 := (L_S1 + L_PP) / 2;
 L_M3 := (L_R1 + L_PP) / 2;
 L_M4 := (L_R1 + L_R2) / 2;
 L_M5 := (L_R2 + L_R3) / 2;
end; 
PP[i] := L_PP;
R1[i] := L_R1;
R2[i] := L_R2;
R3[i] := L_R3;
S1[i] := L_S1;
S2[i] := L_S2;
S3[i] := L_S3;
M0[i] := L_M0;
M1[i] := L_M1;
M2[i] := L_M2;
M3[i] := L_M3;
M4[i] := L_M4;
M5[i] := L_M5; 
if high[i] > Whigh then Whigh := high[i]; /* check for HL on current day, used for tomorrow's Pivot calculations */
if low[i] < Wlow then Wlow := low[i];
end;
 
end.
 
 
  • Post #87
  • Quote
  • Aug 11, 2006 12:13pm Aug 11, 2006 12:13pm
  •  capsmart
  • | Joined Aug 2005 | Status: Member | 101 Posts
Colors and line width
When drawing a line could I add a parameter with the color of the line and the width?
I looked at the indicators but noone is using colors for the indicators. The only parameter found for the draw command is histogram.

Thank you in advance
 
 
  • Post #88
  • Quote
  • Aug 20, 2006 8:05am Aug 20, 2006 8:05am
  •  BurgerKing
  • Joined Jul 2006 | Status: Member | 2,924 Posts
Have been shopping around for a new broker (to replace FXCM), and I've narrowed down to just a few.

Currently, the one I am interested in is a Currenex whitelabel GFT. It was highly recommended by the currenex representative. To those who are using GFT, I'd like to get your feedback especially for news trading.

Thanks.
 
 
  • Post #89
  • Quote
  • Aug 20, 2006 8:38am Aug 20, 2006 8:38am
  •  nhforex
  • | Joined Jun 2006 | Status: Member | 11 Posts
Hi,

I've been trading with GFT for a while now and am currently looking for a new broker. Once you start making some good money with them it's all over. I never, ever get filled on news trades anymore and I wouldn't dare put in a stop anywhere close to the price as they seem to hunt it down every time. My personal rep with them is terrible also-I tried to go on Currenex with them based on the fact that my husband is on currenex through another broker with the same amount of capital in his account. They said they save Currenexx for accounts of over $!M. After threatening to pull the account they verbally "obliged" but won't send the information.

You can definitely do better-especially for news trades.
 
 
  • Post #90
  • Quote
  • Aug 20, 2006 8:44am Aug 20, 2006 8:44am
  •  BurgerKing
  • Joined Jul 2006 | Status: Member | 2,924 Posts
If GFT is not good, is propFX good? they are both curenex whitelabels.
 
 
  • Post #91
  • Quote
  • Aug 20, 2006 9:41am Aug 20, 2006 9:41am
  •  bugscoe
  • | Joined Sep 2005 | Status: Member | 241 Posts
GFT look all slick and good on the outside. However, you can plan on getting bad fills once you start to make some money and you can also count on having your stops taken out all the time.

They would let me into trades but then would not fill me once I wanted to get out, especially around faster moving markets. And I had enough stops taken out to the pip to tell me there was some shady stuff going on.

Look elsewhere.
 
 
  • Post #92
  • Quote
  • Aug 20, 2006 1:08pm Aug 20, 2006 1:08pm
  •  personkid
  • | Joined Jul 2006 | Status: Aspiring Pip-tologist | 71 Posts
The real beauty with GFT is when their platform consistently crashes after a gain of a certain number of pips....
 
 
  • Post #93
  • Quote
  • Aug 20, 2006 1:17pm Aug 20, 2006 1:17pm
  •  americanteek
  • | Joined Apr 2006 | Status: Member | 39 Posts
Perhaps this should be its own thread - but I have a really hard time wondering why you don't just go with Oanda. The only things that I don't like about them are 1. Charting (but you can just use a demo MT4) and 2. only 50:1 Leverage. however, when i hear stories about slippage, blackout times, magical crashes around news times etc. it makes me think that half the leverage is a small price to pay for steady, reliable, filled orders with a broker that has proven itself over time. I have a live account with them and have been extraordinarily pleased.


For anyone who tries to come back and say "yeah but oanda has had shutdown problems too" I premptively say Yes, but that is true with any system that has new people flocking to it daily, just like forexfactory has had problems due to simple overload of people. The times when it has crashed were short and not at all comparable to other brokers like what personkid is talking about with GFT.
 
 
  • Post #94
  • Quote
  • Aug 20, 2006 8:25pm Aug 20, 2006 8:25pm
  •  BurgerKing
  • Joined Jul 2006 | Status: Member | 2,924 Posts
However, OANDA has been increasing spreads during news to 10-15 pips now. Perhaps, it would be 20 by the time I started trading with them.

I personally do not have the LUXURY of opening up live accounts with each "recommended" broker to test out their live performance. I live outside of USA and wiring money (no matter how small or large) would entail more than $100 of bank fees (sender + recipient bank fees). And another $100+ to get it back. I am not as fortunate as most of you who can do so with as minimal fee of under $20...

It appears to me that the LEAST popular brokers are the BEST to trade news with. No wonder no one is recommending their secret broker to the public. If so, I may have one local broker. Its very unpopular for their HUGE spreads + 7 pips commissions, but if they can deliver the instant fills, and no slippage, perhaps, Ive found the gold mine.
 
 
  • Post #95
  • Quote
  • Aug 21, 2006 9:53pm Aug 21, 2006 9:53pm
  •  richx7
  • | Joined Nov 2005 | Status: Member | 166 Posts
I had an account with GFT last year. The graphics are nice but the trading systems and indicators are very few. They are a market maker and can make money off you easily - a former employee said they do that a lot. It may take 10-15 min to get a fill and even during slow periods it may take several minutes. They would disconnect every few minutes if you didn't place a trade frequently. News trading is a disaster, and the order screen would freeze up a lot. Things may have changed recently but I doubt it. Demos are 30 days only and cannot be renewed.
 
 
  • Post #96
  • Quote
  • Aug 22, 2006 11:17am Aug 22, 2006 11:17am
  •  Lou G
  • Joined May 2006 | Status: Only one user name... | 1,367 Posts
Consider trading on Globex - plenty of commission-based brokers who don't go stop-hunting. Requires deeper pockets than some but not prohibitive for serious traders...
Old Benjamin was right
 
 
  • Post #97
  • Quote
  • Aug 22, 2006 1:10pm Aug 22, 2006 1:10pm
  •  Loki
  • | Joined Jul 2006 | Status: Member | 63 Posts
I guess I'm not at the stage where GFT has started messing me over, but I've had a pretty good experience with them. I've been consistantly making money, yet I get near instant fills, no slippage ever, and pretty decent platform reliability. The only time it's crashed on me was 3 seconds before the last FOMC decision, which could be viewed as a seedy attempt to keep news traders away, or just too many traders at one time for the platform to handle. I'm not in a position to make a judgement which one it is.

For the person who said the indicators and charting are limited must be blind. This is one aspects of brokers that has virtually no subjectivity in it. I haven't counted them, but I'd say there are over 100 indicators with DealBook2. The charting is excelent for a free package as well. Metatrader only comes stock with maybe 2 dozen.

I have felt a lot that they do fudge the datafeeds to hit your stops. I only place hard stops now if I have to leave my computer. Otherwise they're all mental.

Seriously though don't they have a no slippage promise (http://www.gftforex.com/forex/benefits.asp)? I guess I'm not to the point where they treat me like you guys as I have only been with this particular broker for 3 months, but my 2 pips (so far) is that they are a good broker.

Oh, one thing to know is that they don't pay interest on carry trades. This isn't really a good or a bad thing as it works both ways, but it's still something that I wasn't aware of when I signed up.
 
 
  • Post #98
  • Quote
  • Aug 22, 2006 5:10pm Aug 22, 2006 5:10pm
  •  rentboy
  • | Joined Aug 2006 | Status: Member | 5 Posts
This is my first day here, so I may have missed an earlier discussion.

I've read quite a few threads, a lot of discussion on brokers, and not good word said about FXCM that I could see (now you know where I am). Should I be filing for divorce?

FXCM hold their spreads at 3-5 pips during news, fills are another story.

My general sense is that there is some unhappiness with all brokers...
 
 
  • Post #99
  • Quote
  • Aug 22, 2006 6:25pm Aug 22, 2006 6:25pm
  •  awcmon
  • | Joined Apr 2006 | Status: Member | 19 Posts
AMERINCANTEEK - i have also considered Oanda but i'm still wondering how profitable i can be if the spreads widen that much while i'm already in the trade. One really has to be careful with their stoploss.


LOKI - when you say that you only place "mental stops" now and only hard stops when you leave your computer, i'm assuming you mean that you manually "close" the trade once you have made a certain amount of pips. But aren't you afraid of hitting a margin call if the market suddenly spikes?

Currently, if have a live acct with FXCM and plan to switch to GFT. Imagine how i feel now after reading these posts. I'm still going to try GFT for a little while just to see how i'm treated by them. Can't be too much worse than FXCM. My question is - are there any honest brokers out there that don't mess with the feeds? I know people talk about Oanda, and i'm sort of considering them too, but like I said, I'm scared of their growing spreads.

If i plan to trade currency as my primary job, i do hope to soon find someone that i can rely on soon.
 
 
  • Post #100
  • Quote
  • Aug 22, 2006 7:51pm Aug 22, 2006 7:51pm
  •  Loki
  • | Joined Jul 2006 | Status: Member | 63 Posts
AWCMON- What I was trying to say is that when I'm sitting in front of my terminal and have a position open, I'll have a "mental" stop. This basically just means that I tell myself if the pair trades to a certain price, I will close the position manually. I do this because there is no way to run my stop because it is impossible for them to know where it is. When you place a hard stop (meaning you place a stop order with your broker), they know where your stop is, and thus can fudge the numbers to hit it. I'm not saying that this does or doesn't happen, all I'm saying is that having mental stops totally prevents the possibility of it occuring.

When I leave my terminal, such as to run errands, then I'll put a hard stop on. As far as spikes are concerned, if a currency pair can spike 50+ pips before I can even click the mouse one time to close a trade, I have much much bigger problems then just getting a bad stop.
 
 
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