Exactly.... Thanks..

Need Best Support and Resistance Indicator

Khalil, Here is a dynamic version of Support and Resistance based on ZigZag image We again calculate ATR(1400) for 5 minute time frame. Than we do the calculations seen on the pic, counting the bars on ZigZag legs. This would be dynamic ...

Need Best Support and Resistance Indicator

I downloaded the indicator and checked the calculation in the code, it is perfect. Thanks once again Khalil. Usage: When the prices are between daily support(0), resistance(0), they will try to reach support(1) or resistance(1). If they stay within ...

Need Best Support and Resistance Indicator

The formula is correct. Thank you for coding it. Best

Need Best Support and Resistance Indicator

Thanks a lot Khalil.. If any questions arise please let me know.. Best...

Need Best Support and Resistance Indicator

Well Dr, thank you too for taking interest in it. Have a great week...

Need Best Support and Resistance Indicator

They behave quite good actually. I have them in excel sheet, and markets seem to obey them. "P.P.S. Volatility is nonpermanent, it is variable of time." Exactly thats why the formula takes time into consideration, actually it is based on ATR and ...

Need Best Support and Resistance Indicator

Thanks Dr. Those figures are the critical values of Z-Scores in Statistics. url Z-Score of 1 represents %67 of all data 1.28 = %80 1.645 = %90 1.96 = %95 2.58 = %99 So when you multiply the ATR figures with -2.58 and +2.58, we are actually ...

Need Best Support and Resistance Indicator

Great.. Thank you and good luck...

Trading the e mini nasdaq

Nice thread Divergence.. Could you please tell me what platform is that you are using? By the way I am a e-cig user too, for the last 2 years, never touched analog since....

Trading the e mini nasdaq

I personally use the following method which I have devised myself, reading the theory about random walks. And it is fairly accurate. It is about anticipating the future expected support and resistance, not past. There are 2 time frames involved, ...

Need Best Support and Resistance Indicator

This code causes division by zero error. The first code you suggested works but works identical with the first code I have posted. Don't worry about it, don't want to bother you anymore. I appreciate you willingness to help. Best

SketchBook - Sharing ideas on trading systems

Thank you very much for your help. I will put the code and see what happens. I will let you know the result. Once again thank you for your time and help. Cheers...

SketchBook - Sharing ideas on trading systems

Thank you. So would that change make sure that all time stamps would match the other pair's time stamps?

SketchBook - Sharing ideas on trading systems

Thank you for trying to help. I want to make sure that each sp500 bar time matches exactly with Dow bar time... So if there is in minutes, 1:05, 1:10, 1:15, 1:20 time stamped bars in Dow and only 1 bar in sp500, say 1:15. I would want to match only ...

SketchBook - Sharing ideas on trading systems

Hi Khalil, I have a question, but I am not sure this is the right place to ask, but I am going to ask it anyways. I would appreciate it very much if you could help. I trade mostly index cfd's, and sp500 cfds get a lot of gaps during quite hours, ...

SketchBook - Sharing ideas on trading systems

Hello Bourne, Your method 2 might have a potential but not method 1. Here is the explanation: Method 1 winning expectancy = 15/(7+15) = %68 Total 15 trades so the standard deviation would be sqrt(pqn) which would result in sqrt(15*0.50*0.50)=1.94 ...

MT4 Trading the GAP With Excel

I have changed another indicator to show 3 circular pairs behaviour compared to look back period. I believe it gives interesting insights: image The first indicator shows how much money to be made or lost using eurusd, eurgbp, gbpusd, using ...

SketchBook - Sharing ideas on trading systems

Here is a brief comparison of increment and the method suggested in previous post (post 6): Increment Lots: Lost Units Sqrt method 1 1 1 2 1 1 3 2 1.41 4 3.41 1.85 5 5.26 2.29 6 7.55 2.75 7 10.3 3.21 8 13.50 3.68 Increment method went up to 8, sqrt ...

Looking for a formula to open progressive orders

I would personally suggest: NextLots = InitialLots * MathSqrt((MaximumAccountBalance - CurrentAccountBalance)/InitialRisk) So if your current account balance is $100 in minus compared to your maximum balance achieved, and your target risk is $10 per ...

Looking for a formula to open progressive orders