NEWS...I am releasing my "Favourite Code"...for Code Conversion !!!

[Digs]

To all users.... TIPS

You may place this tool on some charts and it looks a mess, and others, as the one I have posted here look pretty good, then guess which ones you should trade.

Also, using tight settings as I have shown on the 5 min chart is not a bad guess where the market makers have there limit orders to buy when there a minor retracements.

Place a fast EMA on the 2 min or 1 min chart with 5 min stop tool ( using the write file code supplied ) and , when long buy when price is btw the EMA and the stop ( stop is blue ) based on 5 min chart calculatins. If the trade goes bad, exit point is a breach of the blue stop line.

Just sharing ideas...

[Digs]

See HERE where BLUE stop line is, this not carried thru to 1 min chart, this is only so when there is only one 5 min bar with only one stop value, and the value is breached by the price.

[Digs]

See HERE 1 min chart, stop value is not carried thru...

[Digs]

rmclean

Is this calculation doomed as the 5 min data is calculated on the close, of the bar and not every tick, but the 1 min chart is reading every tick but its picking up the previous 5 min bar data if the stop position is the same as the previous 5 min bar.

Any ideas to solve this...

[Digs]

rmclean,

This the data in the out put file for example below, which is correct, but not all data is carried thru to 1 min chart


1077876060,90.5848,0 {This does not show up}
1077876360,90.76599999999999,0
1077876660,90.9736,0 {This does not show up}
1077876960,91.22080000000001,1
1077877260,91.22080000000001,1
1077877560,91.0576,1


This Data [ 1077876660,90.9736,0 ] is the missing bar in question in the example below, but note there are others missing as well.

Any ideas...

[rmclean]

Digs,
Hmmm, I'm not sure...???

What really troubles me is that what I see on my computer is not what you posted. I am attaching a picture of my 1 minute UTC chart which has pulled the stop data from a 5 minute chart. The cursor on my chart is pointing to the high which you labeled "Here". As you can see, there is a blue stop line which gets hit as the 1 minute bars fall away from the high. This is the stop which doesn't show up on your chart. But, it is exactly as I would expect it to look.

However, if you look at the low preceeding the run up into that high, you will see that your chart doesn't look like mine.

Is it possible that you are running two instances of the same efs? If so, you have to make some changes because the files are getting corrupted.

Also, it may be that you changed a time frame on one or the other of the charts without first removing the studies from both charts. This could possibly lead to some corrupted data. Not in the file, I don't think, but in your computer's memory or what it thinks it is supposed to plot... I don't know exactly at this point.

Try it after unloading the studies before changing time frames. You may also need to unload the studies when you shut off the computer because of the way the Layout loads up. It may load the wrong chart first... Just guessing at this point.

Let me know how those options work out.

Bob

[Digs]

rmclean,

Thx for looking,

Try it with these settings on your 5 min chart, with UTX

My settings
Chart : 5 Min
Price : Close
Period : 1
Ratio : 0.32

Then post your results.

The good news is that the SET code seams to work fine.

Any thoughs on fixing the timing lag by ( as I posted before )...

****************************
...."Because this stop is calculated on the close of the bar, and the other efs is plotting the existing stop
on every tick, it will appear that some of the interim bars on the small time frame chart have the wrong stop.".....

This has left the smaller time frame stop with a lagging effect.

Maybe this is a possible fix...

Say the longtime chart is 5 min, and current bar on close calculation is for 1030 am, (via the "vBigBarTime" variable), then why not substract 5 min from the 1030, so the posting to the file will be 1025 am for the current calculation at 1030 am.

This will require the user to load in manually the chart minute time form, unless you can get an efs function to tell you to the chart minute denominator.

What do you think...

[rmclean]

Digs,
I applied your suggested settings, and my 5 minute chart looks like the one you posted, so I have not posted it here.

My 1 minute chart is posted. You can see the stop appears where it should. I don't know how to explain it. I notice that you are running a Dynamic time templet. Try creating a 3 or 5 day templet, real time hours, and apply it to both charts. Then run the efs studies in sequence. That is what I am working with, and this way we will both be looking at the same thing.

I don't see any reason why the large time frame chart can't plot a stop under the currently forming bar. That won't be difficult. But the small time frame bar is already working with the same stop number that it would no matter what the large time frame chart is plotting.

Monday, watch the small time frame chart in real time and see.

Bob

[rmclean]

Digs,
On second thought, I changed mine to dynamic and it still plots like it should.

I have to ask, did you open the GET efs and change ANY thing? Let me suggest that you re-download the GET efs and see if there is any difference.

If that is the cause, (and even if it isn't), make certain in the future that you save a copy of each and every efs that you intend to work with under a different name than the original. Always do this automatically, before you alter a single thing. Then you will have a copy that is exactly what the writer intended for it to be.

I don't think that I completely understood your suggestion to alter the time, so my answer won't seem appropriate. I'll have to pay more attention in the future. I won't have much time during the next few days, but feel free to try to explain what you mean anyway. I'll look at it when I can.

Bob

[Digs]

No I have not changed anything..

If the SET efs gives a stop for the last 5 min as it calcs on the close, the time stamp will be 10.30am, and not 10.25am as it should be.

Adjust time back to fix this to see the effect.

[rmclean]

Digs,
I still don't get it.

Example: 5 min chart calculations, 1 min chart plotting:
1- you set calculate on close.
2- a bar starts building at 10:25 and completes at 10:30
3- the time stamp of the calculations will then be 10:25
4- the time stamp of the small time frame bar will be 10:30

That is the only way to get the most recent 5 min bar into the calculations. It has to complete first, otherwise you are saying that you want to calculate the stop (5 min chart) on every tick.

If that is what you want, it can be done. But it sounds like you are asking to set the calculation bar back 1, which will give the prior stop level. Not what you want.

Gone for several hours now, Bob

[rmclean]

Digs,
OK, I made a stupid mistake. I noticed that the chart for UTC didn't change the stop on the 1 min like it should during the 10:10 to 10:20 EST bars.

I have changed one line in the code, which was in the wrong place in the read sequence. This should plot on the 1 minute chart like it is supposed to.

Give this a try today during real time. I will not be able to stay and watch it. Leaving now.

Download this version, and let me know.

Bob

[Digs]

Thanks rmClean,

I have posted all my tools, including this one in a zip file so we all can make zillions !

See THREAD : News : All my tools, help your self...

[Digs]

rmclean, you have done a great job with this code, test new version realtime works ok, but the discussed issue remains.

That is the one explained with UTX symbol.

Maybe some kind sole may put some energy into it...

[rmclean]

Digs,
I really don't have any idea what you are talking about.

There is no lag effect on UTC or any other chart, as far as I can tell. The stop is always working off of the Big Bar Chart last completed bar. That is how you designed the thing to work. That is what Chris Kryza translated to efs, and what I have been working with.

If there is some problem, I need to be able to duplicat it on my own computer. Unless I can duplicate the problem on my own computer, there is no way that I can attempt to fix it. The same goes for anybody else.

So now I have three questions for you.

1- After all the time and effort that I put into the SET and GET code for you, why did you remove my name from the top of the code in your ZIP file? The same goes for Chris Kryza's name. We both donated our work to you, and it is only proper that you leave our names on the work.

2- How do you use the different indicators that you presented in your ZIP file? I know that you have mentioned a couple of tips for the AlmostDantonStop, but how do you combine all of the indicators?

3- How successful is your use of all the indicators?

I will probably not be able to respond to any posts until this weekend.

Bob