New Scripts

[gspiker]

Matt,

Chris SELLS an EFS on his website that does an very good job of identifying trendlines and support and resistance levels. It is very flexible with many user adjustable options.

You should check out his website...lots of good stuff there.

Garth

[mbriand]

Yes you are right !

I didn't know that, studies are cool and prices are low so this is a good deal (50$ for auto trendline, 20$ for most of the others)...

http://www.sr-analyst.com/eSignal.htm

[ckryza]

Per Matt B's suggestion, I uploaded a new version of the Historical Volume Profile script that supports a Symbol Configuration File. This simple text file allows you pre-configure the script to work with one or more symbols that you use regularly.

Information on how to create a symbol configuration file is in the Volume Profile README file (e.g., VPReadMe.txt).

The script and the Readme file are in the Volume Profile Historical folder at the following link:

http://share.esignal.com/groupconten...r=&groupid=114

Chris

[ckryza]

New version of PivotConsole script (V 1.7.0) uploaded to File Share. Added state information support so that the script will remember which pivots should be displayed (e.g., daily, weekly, monthly and variable) when you change symbols.

Link to File Share:

http://share.esignal.com/groupconten...r=&groupid=114

Chris

[mbriand]

Cool!

I had one question about volprofile. I display ES #F but not with market data time template, GLOBEX+Market hours data.

In my config file I put 6.75 as the length of the market. Will it make my volume profile calculation weird?


Thanks

[ckryza]

Matt:

The frDaySize parameter is less important in current versions of the Volume Profile script than it was in earlier versions but it still serves a purpose. It is first used to determine if enough bars are loaded into the chart and, after the calculations are performed, it is used to correctly align the price/volume histogram. However, the actual VP calculations will be correct even if your frDaySize parameter is incorrect since the frDaySize value is not used in those portions of the code.

So, if you are displaying a 24-hour chart but have your frDaySize set to 6.75 hours, the first problem you might encounter (if you don't have enough data in your chart) is that the script will appear to load but no lines will be drawn. Since the frDaySize is at 6.75 (instead of 24 where it should be for a 24-hour chart), the NumberOfBarsNeeded test will not trigger an error and the script will mistakenly think that it has enough data to do the job. If frDaySize were set correctly in this example, the script would immediately pop up an error message indicating that you need to adjust your time template.

The second problem that will occur is that the price/volume histogram will be drawn in the wrong location if the frDaySize parameter does not match the actual number of hours being displayed on the chart. This is really just a cosmetic issue.

Chris

[mbriand]

Pivot Console new idea about ATR

Hello Chris,

I do have a new idea for Pivot Console. This is about the ATR calculation. I think we should keep the existing way of calculating it and add a 2nd way which is :

1. Use open of the day
2. Add to open of the day positive ATR
3. Substract to open of the day negative ATR

Positive ATR is:
(High - Open) of the positive days (a positive day is Close>Open)

Negative ATR is :
(Low - Open) of the negative days (Close < Open)

I think it could be more relevant than classical ATR because we would have a basis (Open price). I don't want to calculate positive ATR during non positive days in order not to change too much the average...

What do you think about it?

Matt.

[ckryza]

Matt:

I'll give it a shot.

Chris

[mbriand]

Any news ?

[ckryza]

New version of PivotConsole script (V 1.8.0) uploaded to File Share. Added alternate ATR calc.

Link to File Share:

http://share.esignal.com/groupconten...r=&groupid=114

Chris

[mbriand]

Chris,

Are you scripts using the new EFS update feature as described in this post :

http://forum.esignalcentral.com/showthread.php?s=&postid=10227#post10227

I have noticed this new feature when using 7.3 . It seems it is done for scripts that evolve a lot so esignal download the new versions by itself...

Could be interesting to implement this feature in your most active scripts...

Matt.

[mbriand]

bugs

Chris,

It seems when you toggle on/off the V pivot (I use 20mn for example) it sometimes switch to the second way of calculating ATR instead of keeping initial settings

[ckryza]

Matt:

Thanks. I will try to fix it.

Chris

[ckryza]

I uploaded a new script to the Specialty Scripts group in the File Share area. This script attempts to automate portions of William Dunnigan's Thrust Method as outlined in his book "New Blueprints for Gains in Stocks and Grains". The script will probably not make sense unless you have Dunnigan's book or are very familiar with his Thrust Method trading strategy.

The script is in the Dunnigan folder at the following link:

http://share.esignal.com/groupconten...r=&groupid=114

Chris

[michaelm]

brilliant work on dunnigan's thrust, chris!

is there anyone out there trading this? can anyone point me to info other than purchasing the book?