Multi Timeframe Indicators - page 141
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BB_Squeeze_Advanced_v2M ( added momentum Signal Line)
update 20080102: BB_Squeeze_Advanced_v2M2
Hard coding/Soft coding...is not the point.
Some years ago I spent twelve weeks in the trading room of a large, International bank in London.
It taught me plenty. One thing it drove home, was that as private 'at home' traders we do not have access to the technology, or support that the pro's have. There's no chief trader to hold our hand, or scream out buy/sell demands. Nor do we have the 'in house' trading software/news feeds they benefit from.
What we do have - and this comes right from the mouth of the bank's chief trader - is this.
"In the day's when FX trading was a 'Gentleman's' pastime, when trades were made over the 'phone, & state of the art technology was the 'tic-a-tape'
ALL traders used the Indies available to you...MA's. Progress introduced other's, & I'm sure you all know, & probably use them, so I 'm not going to run through them.
THESE INDICATOR'S ARE AS GOOD NOW, AS THEY EVER WERE.
All that has changed is the way you must use them.
You cannot expect to get in at the start, or out at the end of a trend. That's for the us - we make & we break the trends. You can only ever hope to get in when the trend is established, & out before a) We know you are there, & b) before we start heading for the door. To do anything else will be to throw your money away"
I asked him what I should do to implemnt his advice...this was his reply.
" Use the good old, tried & tested indicators. Establish a trend, jump in, grab a handful, and get out. Watch as many pairs as you can, and wait for the trend. DO NOT FINE TUNE ANYTHING ( my caps ) you will trip yourself up, and/or become a nervous wreck.
Remember, You have the best stop's available, you eye's...always use a TP, & make it small. If you rely on your 'mouse' to get out, you're dead before you start. You don't have the same 'access' as we do, nor do you have the same liquidity.
You also have to fight a spread, we do not (which means we will be heading for the day way before you. Keep TP small)
We deal with each other, fairly. You deal with 'Bucket' shop's, whatever they call themselves, & they want your money."
I followed his advice...and have never looked back. It's payed for three aircraft, my kids education, and a ski lodge here. It works
If you wonder why I trawl these forum's, it's simple. There are many coders
out there, but only a few are really good. Most of them are on this forum, & I'm always looking for new ways of presenting old ideas. It may be a completely new view, or something as simple as less CPU drain. Whatever...if I can use it I will, with or without source code.
It may be as well to remember that source codes are intellectual property. Should the coder not disclose his source & anyone break it, & we all know it isn't difficult, they would technically be in breech of international law.
Impossible to police on the internet, I know, which is why so many do it. But not so on forums. Moral responsibility, self control & discipline should prevent it...if not, we always have our moderators!Thanks for sharing.
Missing the point.
Yes, FerruFX has written some great code.
But, as a trader, you are restricted to the hard coded indicators.
What I am doing is SOFT CODING everything so the user can tune the indicator to their liking.Hard coding/Soft coding...is not the point.
Some years ago I spent twelve weeks in the trading room of a large, International bank in London.
It taught me plenty. One thing it drove home, was that as private 'at home' traders we do not have access to the technology, or support that the pro's have. There's no chief trader to hold our hand, or scream out buy/sell demands. Nor do we have the 'in house' trading software/news feeds they benefit from.
What we do have - and this comes right from the mouth of the bank's chief trader - is this.
"In the day's when FX trading was a 'Gentleman's' pastime, when trades were made over the 'phone, & state of the art technology was the 'tic-a-tape'
ALL traders used the Indies available to you...MA's. Progress introduced other's, & I'm sure you all know, & probably use them, so I 'm not going to run through them.
THESE INDICATOR'S ARE AS GOOD NOW, AS THEY EVER WERE.
All that has changed is the way you must use them.
You cannot expect to get in at the start, or out at the end of a trend. That's for the us - we make & we break the trends. You can only ever hope to get in when the trend is established, & out before a) We know you are there, & b) before we start heading for the door. To do anything else will be to throw your money away"
I asked him what I should do to implement his advice...this was his reply.
" Use the good old, tried & tested indicators. Establish a trend, jump in, grab a handful, and get out. Watch as many pairs as you can, and wait for the trend. DO NOT FINE TUNE ANYTHING ( my caps ) you will trip yourself up, and/or become a nervous wreck.
Remember, You have the best stop's available, you eye's...always use a TP, & make it small. If you rely on your 'mouse' to get out, you're dead before you start. You don't have the same 'access' as we do, nor do you have the same liquidity.
You also have to fight a spread, we do not (which means we will be heading for the door way before you. Keep TP small)
We deal with each other, fairly. You deal with 'Bucket' shop's, whatever else they may call themselves, & they want your money."
I followed his advice...and have never looked back. It's payed for three aircraft, my kids education, and a ski lodge here. It works
If you wonder why I trawl these forum's, it's simple. There are many coders
out there, but only a few are really good. Most of them are on this forum, & I'm always looking for new ways of presenting old ideas. It may be a completely new view, or something as simple as less CPU drain. Whatever...if I can use it I will, with or without source code.
It may be as well to remember that source codes are intellectual property. Should the coder not disclose his source & anyone break it, & we all know it isn't difficult, they would technically be in breech of international law.
Impossible to police on the internet, I know, which is why so many do it. But not so on forums. Moral responsibility, self control & discipline should prevent it...if not, we always have our moderators!
No problem Bub
He also told me this:
It might not translate too well this side of the 'Pond' but I think you will get the meaning.
" There was once a young fella, went out a got himself a big 'ol leaking, broken down boat. He moved it to a crick near his home & started work on it. The plan being to renovate it & to sail round the world.
Slowly, very slowly he made progress. Until one day it was finished.
At which point he discovered he had lost his dream, he was too old to sail around world...he sold his dream & eventually died a bitter old man."
You are keen to do coding...my suggestion is this.
Don't let the guy's on these forum's go down the same road.
They already have all the indicators they need. Concentrate on coming up with a really good trend indicating system that will allow the in/out approach. 'Traffic lights' 'Slot machine' type indies, with definate 'get in/get out' signals are what is needed...not more indicators.
Later
He also told me this:
It might not translate too well this side of the 'Pond' but I think you will get the meaning.
" There was once a young fella, went out a got himself a big 'ol leaking, broken down boat. He moved it to a crick near his home & started work on it. The plan being to renovate it & to sail round the world.
Slowly, very slowly he made progress. Until one day it was finished.
At which point he discovered he had lost his dream, he was too old to sail around world...he sold his dream & eventually died a bitter old man."
You are keen to do coding...my suggestion is this.
Don't let the guy's on these forum's go down the same road.
They already have all the indicators they need. Concentrate on coming up with a really good trend indicating system that will allow the in/out approach. 'Traffic lights' 'Slot machine' type indies, with definate 'get in/get out' signals are what is needed...not more indicators.
LaterFunny you mention "SLOT MACHINE"... that's what I coded on TradeStation and eSignal. That's what I am in the process of doing here.
Way to go!
Funny you mention "SLOT MACHINE"... that's what I coded on TradeStation and eSignal. That's what I am in the process of doing here.
Good to see guy.
One request, and it's only my own choice. I never trade anything less than
D1 TF. I may well be in and out within minutes, if my TP is hit. But never display a chart less than D1 TF
It's a help tp have H1 & H4 TF's available, but for me the rest can be trash canned.
I,m not a coder, never wanted to be, & never will be (Not got the Brains!)
Throw in a user definable 3TF indi & I,m converted!
Thank you
Updates.Hello TheRumpledOne
Thank you very much for your sharing your great indicators..it is realy great job...KEEP IT UP DEAR..
May i ask you for some things here?? i got problem when i attach some of your indicators to my chart..some of them i can not move it up or down SO,they just apear above each others
...AND,i look to your chart i could not also find where to find some indicators like MFI (you post it befor and it was hooked with EMW +STR )and i could not find it in seperet way like SAR ,MACD,LR..etc!! 
another thing is that i do not know what is the meaning of some indicators and the arrows ...
PLEASE TAKE A LOOK TO THE CHART I ATTACHED ,it may explain what i aim to say here..
THANK YOU IN ADVANCE FOR YOUR HELP AND YOUR TIME..
THANKS AGAIN FOR SHARING YOUR GREAT JOB
speaking of wich, some enhancements in Bollsqueeze
He also told me this:
It might not translate too well this side of the 'Pond' but I think you will get the meaning.
" There was once a young fella, went out a got himself a big 'ol leaking, broken down boat. He moved it to a crick near his home & started work on it. The plan being to renovate it & to sail round the world.
Slowly, very slowly he made progress. Until one day it was finished.
At which point he discovered he had lost his dream, he was too old to sail around world...he sold his dream & eventually died a bitter old man."
You are keen to do coding...my suggestion is this.
Don't let the guy's on these forum's go down the same road.
They already have all the indicators they need. Concentrate on coming up with a really good trend indicating system that will allow the in/out approach. 'Traffic lights' 'Slot machine' type indies, with definate 'get in/get out' signals are what is needed...not more indicators.
Laterhi Bigbaloo, the funny thing is when TRO is trading he (i trade w/ him kinda of his wing-man) he only uses 1 hr,1 day, and weekly candles and trades off the price. he is a sick man
who loves to code indicators that he himself doses't realy use. he says it keeps him sharp.
airball
I here you
hi Bigbaloo, the funny thing is when TRO is trading he (i trade w/ him kinda of his wing-man) he only uses 1 hr,1 day, and weekly candles and trades off the price. he is a sick man
That took ball's...you may have lost your flight leader!
If you follow what I have posted, you will see that with the addition of a breakout system ( I use a breakout of the Asian High/ low @ the london open), you are on a winner.
Keep your TP low (18 pips - 3 for then, 15 for me ) you WILL make money
BigBaloo