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  • #10,021
  • Mar 31, 2016 5:09am Mar 31, 2016 5:09am
I'll update the POST. If any one wants no gap in RB chart you should use the indi.
The Earlier You Start, The More Time You Have To Mess Up.
  • #10,022
  • Mar 31, 2016 5:25am Mar 31, 2016 5:25am
Quoting Pipglutton
{quote} Hi Gentlemen. Think I had too many charts open. Only somany charts that a i7 can handle. Using the Indi at the bottom {image} {file}
Hi Pieter

I think you've got that set to 1 or 10 and should be 100 if you want 10tick range charts, yours look like 1 tick range charts or is that what you wanted???

I have found the EA type range bar generators a bit more cpu busy but the indicator one I posted is very light on cpu usage. Its just an indicator so store it in indicator files...
Feel the Fear and do it anyway!!!
  • #10,023
  • Mar 31, 2016 5:59am Mar 31, 2016 5:59am
Quoting clivepackham
{quote} Hi Pieter I think you've got that set to 1 or 10 and should be 100 if you want 10tick range charts, yours look like 1 tick range charts or is that what you wanted??? I have found the EA type range bar generators a bit more cpu busy but the indicator one I posted is very light on cpu usage. Its just an indicator so store it in indicator files...
Hi Clive

These are the settings.
Any and all advice will be greatly appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: rangeBar.png Size: 48 KB
  • #10,024
  • Mar 31, 2016 7:15am Mar 31, 2016 7:15am
Quoting Pipglutton
{quote} Hi Clive These are the settings. Any and all advice will be greatly appreciated. {image}
Measure the Range Bar with Crosshair, Look if its 1.4 pips then you have to put 140 in Bar range tab to have a 14 tick RB chart not just 14.
The Earlier You Start, The More Time You Have To Mess Up.
  • #10,025
  • Mar 31, 2016 7:29am Mar 31, 2016 7:29am
Quoting Anonymous32
{quote} Measure the Range Bar with Crosshair, Look if its 1.4 pips then you have to put 140 in Bar range tab to have a 14 tick RB chart not just 14.
Hi Ano.
You are correct. (See charts below)
Setting on 100
But this is no longer scalping, or am I even more stupid than I thought?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 87 KB
Click to Enlarge Name: EURUSDM100.png Size: 73 KB
  • #10,026
  • Mar 31, 2016 7:49am Mar 31, 2016 7:49am
Quoting Anonymous32
{quote} Hey mahroch, Glad the script is working. Can you tell me what range bar value you are using? And i don't get it what you are not able to work as Clive Sir described? He's too using RB 7.
My first image was EURUSD, M2, the setting exactly as your guide, just instead of 13 I put 2 to both cells (settings at Screenshot 1). the result is the chart with gaps.

The second image was using Clives RangeBarChart_v103a (1).mq4 . As you can see, I attached it correctly on GBPUSD M1, with setting 7 (settings at Screenshot 2) trying to get M7 RangeChart. It is loaded as shown in upper right corner and Journal. BUT in the Offline charts table there is no GBPUSD M7 chart offer (Screenshot 3).

Quote
@ Pipglutton: Try the indi in post 10,012, I don't have the gap problem.
I know this indi, it is Trial version for 15 days. For now I'm ok with Anonymous chart, no need to pay for the OVOs one ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
Click to Enlarge Name: Screenshot2.png Size: 48 KB
Click to Enlarge Name: Screenshot3.png Size: 111 KB
  • #10,027
  • Mar 31, 2016 7:51am Mar 31, 2016 7:51am
Quoting Pipglutton
{quote} Hi Ano. You are correct. (See charts below) Setting on 100 But this is no longer scalping, or am I even more stupid than I thought? {image} {image}
If you want to scalp and want a fast RB chart use 7, If you can handle and react to fast charts. Use 7 RB or even less just try them out and see which one is comfortable for you. For example for 7 tick bar you have to put 70. As I use 10 it works perfect for me balanced one.
The Earlier You Start, The More Time You Have To Mess Up.
  • #10,028
  • Mar 31, 2016 10:06am Mar 31, 2016 10:06am
Quoting mahroch
{quote} My first image was EURUSD, M2, the setting exactly as your guide, just instead of 13 I put 2 to both cells (settings at Screenshot 1). the result is the chart with gaps. The second image was using Clives RangeBarChart_v103a (1).mq4 . As you can see, I attached it correctly on GBPUSD M1, with setting 7 (settings at Screenshot 2) trying to get M7 RangeChart. It is loaded as shown in upper right corner and Journal. BUT in the Offline charts table there...
Yes mine too is with gaps, But don't use 2 it's too fast lol.
For Clive's indicator try putting 70 (not 7) for both. See if it works.
The Earlier You Start, The More Time You Have To Mess Up.
  • #10,029
  • Mar 31, 2016 10:17am Mar 31, 2016 10:17am
Hey Clive, my old friend,

happy "anniversary" to 10,000 replies to your valuable thread.......

Hope you are fine, trading is going well and you are a better golfer than last year....

Go on with your great work !

Regards

wolf
  • #10,030
  • Mar 31, 2016 11:20pm Mar 31, 2016 11:20pm
Quoting wolf300
Hey Clive, my old friend, happy "anniversary" to 10,000 replies to your valuable thread....... Hope you are fine, trading is going well and you are a better golfer than last year.... Go on with your great work ! Regards wolf
Hi Wolf

What a cool name, yes things are fine thanks apart from the Golf which I just don't get the chance to play anymore but such is life.

10,000 replies, wow, thats a lot, mind you 9,999 of them are mine...
Feel the Fear and do it anyway!!!
  • #10,031
  • Mar 31, 2016 11:53pm Mar 31, 2016 11:53pm
let's talk about S-constantRangeBars indi, not about Clives, just not to mess the numbers.

You say (#10027): For example for 7 tick bar you have to put 70.

My problem is that I'm totally lost in YOUR understanding ticks, pips and points. I googled it, I tried to understand it, but with small success, as there is a big difference in what tick means in forex and in futures, what actually is point and what is its correlation to pips and ticks - look here , or here or here - and you get three different explanations of what is what.

To make it work for me, I expect that BarsRange means Pips. If I set it to BarsRange = 7, timeframe 7, then the chart draws 1 candle after the price moves 7 pips (= number 70 on crosshair measuring). Time is not the factor, right? That looks suitable and I can trade with it.

However, I read many books and saw many videos, where the experienced traders said, that if you are on standard chard and M1/M5 timeframe, if you catch 15 pips your way (= profit, not lost), then they are happy with the trade. From this point of view - deciding within 2 bars on RangeBarsChart M7 seems to me, as a beginner, quite too long. That is the answer why I set it to RangeBars = 2 (#10028: "Yes mine too is with gaps, But don't use 2 it's too fast lol. ") - to have more candles to decide, because the market is usually not moving that fast I cannot decide. Might happen I was wrong.

I'm a beginner, you are experts and I appreciate all your advices. I have a long way to understand everything, so I stick for now to 7 pips and we will see how am I doing in future )
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot7.png Size: 150 KB
  • #10,032
  • Apr 1, 2016 2:00am Apr 1, 2016 2:00am
Just a thought for any guys struggling with the concept of range bars, perhaps just having a grid on the chart would help, you then could combine it with time, here is a 10 pip grid on a 1 min, you could alter cci and lwma to your own preference or even increase/ decrease the grid pip size, just a thought
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDSBM1.png Size: 48 KB
  • #10,033
  • Apr 1, 2016 2:08am Apr 1, 2016 2:08am
Sorry just to be clear those are NORMAL CANDLES
  • #10,034
  • Apr 1, 2016 2:58am Apr 1, 2016 2:58am
Nice easy visual Sell Trade, if you cannot see it do not trade it, must admit lots of quick low risk visual scalp trades on this set up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDSBM1.png Size: 49 KB
  • #10,035
  • Apr 1, 2016 3:12am Apr 1, 2016 3:12am
Spot on Dave - the 10 pip grid is very nice and when it crosses trade in the direction of the colour of the crossing candle is one way of playing it.
  • #10,036
  • Apr 1, 2016 3:28am Apr 1, 2016 3:28am
Quoting handy148
Spot on Dave - the 10 pip grid is very nice and when it crosses trade in the direction of the colour of the crossing candle is one way of playing it.
Thanks for that tip, its really strange I think I can cope with a 1min chart like this with NO INDICATORS on at all, by just taking the visual common sense trades that my eyes see
  • #10,037
  • Apr 1, 2016 3:43am Apr 1, 2016 3:43am
Quoting OAPDave
Nice easy visual Sell Trade, if you cannot see it do not trade it, must admit lots of quick low risk visual scalp trades on this set up {image}
as you draw these horizontal layers , with the help of what?
  • #10,038
  • Apr 1, 2016 3:49am Apr 1, 2016 3:49am
Quoting handy148
Spot on Dave - the 10 pip grid is very nice and when it crosses trade in the direction of the colour of the crossing candle is one way of playing it.
Here is an update of my last 60min trade, which I managed to trade like a nob head, lost a 1/1 risk trade on 1st Red Bar, so doubled pip value and sold 2nd Red Bar, could have banked 50pips next day but stuck to my guns wanting 1/1 reward then went through some pain, got a little uptight this morning with all the Red News coming so bailed out for 37 x 2 but like sods law it managed to get to 1/1 risk/reward in the end, but hey up on the week and nothing to panic with, NFP coming
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 (04-01-2016 1137).png Size: 59 KB
  • #10,039
  • Apr 1, 2016 4:10am Apr 1, 2016 4:10am
Quoting marketir
{quote} as you draw these horizontal layers , with the help of what?
SweetSpots Gold Tro Indicator its on the thread somewere
  • #10,040
  • Apr 1, 2016 4:40am Apr 1, 2016 4:40am
Quoting OAPDave
{quote} SweetSpots Gold Tro Indicator its on the thread somewere
Friend you can share here?
Thanks
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