VlanFx replied to the topic Trading made REALLY Simple in the forum Development 10 years, 7 months ago
I volunteer to do it. I’m not at this forum everyday though, so my reactions may take some time. But if it’s not a problem then I would like to be considered

VlanFx replied to the topic Trading made REALLY Simple in the forum Development 10 years, 7 months ago
The logic when Trough changes to Peak is known, and no need to wait for bar close. As soon as this happens you open a Buy stop xx pips above it. The opposite is true for Peaks changing to Troughs. Thanks for the EA and your efforts ! Good job !! G. [/quote]
Thank YOU @GG53 for sharing your knowledge with us.
V.
VlanFx replied to the topic Trading made REALLY Simple in the forum Development 10 years, 7 months ago
Here is my EA. Hope I understood and implemented your logic correctly. The EA works on every tick (for trailing purposes) but opens STOP orders only on new bar when the bar causes to change peak to through or opposite.
One thing I’m not sure though, is how should the EA behave if the latest bar caused the through change to peak, and at the same…[Read more]
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 7 months ago
When in M30, start summing up volumes of M1 candles (from oldest to newest) of that given M30 candle until the sum exceeds the value of M30 average. Paint the dot at the close price of the last summed M1 candle.
V.
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
I’ll try to code it and share it here. The problem with me is I can’t devote as much time to this forum as I would like to. Hopefully I’ll find some time tomorrow.
V.
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
hi smallcat
I looked at your code and noticed you take only ‘pure’ blue/red volume bars. Don’t know if it was your intention or not, but a blue/red bar can appear even if white volume is > 0. In that case, the last green dot would have appeared one bar earlier.
V.
pinoytrader17 and
VlanFx are now friends 10 years, 8 months ago
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
so basically, it must have a wick. When checking my FractalArrow database it shows that more than 90% of bars have their Close lower/higher than their High/Low. This was for the M5 TF but I think other TFs will have similar ratio.
Should the size of the wick be also evaluated?
V.
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
The images look good. But, if I’m not mistaken, it seems like you had the ‘showSignalAtFractal’ set to true so that means all your arrows should in fact be 2 bars to the right.
To add to your puzzle pieces list: Currency strength. GG said that if implemented right, it has predictive capability. In an uptrend it would indicate currency weakening…[Read more]
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
sorry, I got carried away
I removed it so there’s no confusion.Here is a version using just conditions from this thread.
V.
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
Added these conditions.
To determine trend direction I used GG53’s Gadi_Trend_v1.3 from the Killing Zone.
I also added logic so that once all the above conditions are met, the indi waits for the volume to change in the same direction and only then paints the dots.
Vlan
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
Hi smallcat,
according to GG53’s explanation in the Killing Zone thread at FF (post 1086), the white bar means: Volume is not moving the price in any significant direction (“Doji”).
Vlan
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 8 months ago
Here is my take.
It uses GG’s Gadi_NormalizedVolume_v2.2 for volume information.
The indicator paints bars according to GG’s rule.
The direction of the bar is given by the direction of the candle.
The size of the bar is calculated based on the volume change and inverted candle’s range change meaning: the bigger the volume[0] and smaller the…[Read more]
VlanFx replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 9 months ago
thanks Innate, you beat me to this thread :)
anyway, looking forward to GG’s teachings

VlanFx replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 9 months ago
Hi GG,
what is the rule for merging standard time-based candles into True candles?
Thanks.
VlanFx replied to the topic The Forex Plumber in the forum Trading Systems Discussion 11 years ago
Thanks for the explanation. Now I understand it better. So basically it is not important which pair is above which one. Only thing that matters is that they’re not going the same direction.
V.
VlanFx replied to the topic The Forex Plumber in the forum Trading Systems Discussion 11 years ago
A screenshot should do better explanation than me :)
In attached images, the green line is the EU and the yellow is the overlying GU.
Both screenshots were taken seconds apart, yet the yellow GU line is positioned very differently.
While in the first picture, the two lines cross several times today, in the second picture they don’t.
The…[Read more]
VlanFx replied to the topic The Forex Plumber in the forum Trading Systems Discussion 11 years ago
A screenshot should do better explanation than me :)
In attached images, the green line is the EU and the yellow is the overlying GU.
Both screenshots were taken seconds apart, yet the yellow GU line is positioned very differently.
While in the first picture, the two lines cross several times today, in the second picture they…[Read more]
VlanFx replied to the topic The Forex Plumber in the forum Trading Systems Discussion 11 years ago
A screenshot should do better explanation than me :)
In attached images, the green line is the EU and the yellow is the overlying GU.
Both screenshots were taken seconds apart, yet the yellow GU line is positioned very differently.
While in the first picture, the two lines cross several times today, in the second picture they…[Read more]
VlanFx replied to the topic The Forex Plumber in the forum Trading Systems Discussion 11 years ago
A screenshot should do better explanation than me :)
In attached images, the green line is the EU and the yellow is the overlying GU.
Both screenshots were taken seconds apart, yet the yellow GU line is positioned very differently.
While in the first picture, the two lines cross several times today, in the second picture they…[Read more]
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