New Scripts

[Harndog]

Price chart with Williams scripts

Chris:
1. Thank you.
2. I loaded your scripts and looked at them. As part of Williams' program, the parts are painted to correspond to the AO & AC.
If the AO & AC are both green, then the price bars are colored green. If the AO & AC are both red, the price bars are colored red. And, if the AO & AC are opposite the price bars are colored grey.
3. Williams does this as a quick visual confirmation that all is aligned, while you are in a trade.

Harndog

[Phantom]

Pivot formula (enhancement request)

Chris,

I would also like to have an option to display the pivot lines for this period and all previous period (continuous lines), instead of just seing them for the last day, last variable period, last week and so on.

Maybe for GUI it can be implemented on the D-,D+ button - adding a Da options (Day all) and same for other buttons.

The idea is to use this function for visual "backtesting" to quickly see how a market behave in the past on pivot points.

Thanks!

[ckryza]

Harndog:

Thanks for that. I put a new version of the AO script up in File Share that will take care of the price bar coloring per your instructions.

Chris

[traderbambu]

Gator

Hi Chris,

I just looked at your new "Gator" indicators and noticed that the AO and AC are painted based on whether they are above or below the zero line.
That is not correct. Let me cite from Mr.Williams' book (New Trading Dimensions), page 86 (at the top): "In the Profitunity software, we color green any histogram bar that is higher than the previous histogram bar, and we color red any histogram bar that is lower than the previous bar....." Most of his rules are based on the change of colors of consecutive bars and NOT necessarily crossing the zero line (e.g. he emphasizes several times that it is NOT a trading signal when AC crosses the zero line).

Best to you.

[ckryza]

New versions of the Gator scripts have been uploaded to File Share. Histogram color changes are now relative to the prior histogram value.

Link to File Share:

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

Chris

[Harndog]

Squat Bars

Chris:
Thank you! I will test out the Gator.efs later today. Another thing Williams talks about is something called a "Squat Bar." A Squat Bar is a bar with higher volume and a smaller range than normal. This is recollection and I do not have my book with me, so maybe someone else can post the actual definition. But, the Squat Bars are painted on top of the price bars. The order in painting the price bars is:
-Squat Bar
-AO and AC color paints the bars, green if both agree, red if both agree and grey if they do not agree.

Harndog

[wavetrader]

Originally posted by ckryza
New versions of the Gator scripts have been uploaded to File Share. Histogram color changes are now relative to the prior histogram value.

Link to File Share:

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

Chris

Hi Chris. Thanks for all your excellent work!

I just opened my charts today (Sunday), and I noticed that the price bars are not coloring at all based on the AO/AC rules, ie., if the AO and AC are in agreement with one another, color the price bars accodingly, and grey if they are not.

I wonder if this has something to do with the weekend. Maybe the servers are not getting in any new data, so the price bars are not coloring??

Thanks for any help/clarification.

wt

[wavetrader]

Re: Squat Bars

Originally posted by Harndog
Chris:
Thank you! I will test out the Gator.efs later today. Another thing Williams talks about is something called a "Squat Bar." A Squat Bar is a bar with higher volume and a smaller range than normal. This is recollection and I do not have my book with me, so maybe someone else can post the actual definition. But, the Squat Bars are painted on top of the price bars. The order in painting the price bars is:
-Squat Bar
-AO and AC color paints the bars, green if both agree, red if both agree and grey if they do not agree.

Harndog

[wavetrader]

Re: Squat Bars

Originally posted by Harndog
Chris:
Thank you! I will test out the Gator.efs later today. Another thing Williams talks about is something called a "Squat Bar." A Squat Bar is a bar with higher volume and a smaller range than normal. This is recollection and I do not have my book with me, so maybe someone else can post the actual definition. But, the Squat Bars are painted on top of the price bars. The order in painting the price bars is:
-Squat Bar
-AO and AC color paints the bars, green if both agree, red if both agree and grey if they do not agree.

Harndog

OOOPS! Sorry about the previous post. I accidentally hit the Submit button before typing my message.

Anyway, here's a link to the Squat Bar formula I found on the internet

http://trader.online.pl/MSZ/e-w-Squat_Bar_Variable_Example.html

[Seshadri]

Value Charts efs

Chris,

The Value Charts efs study is not working properly. In real time, whether it is a minute interval chart or a tick or volume chart, the value chart plots seem to disappear slowly. It seems to happen only in intra-day real time mode. I don't know whether it is my computer/connection that is causing the problem. I have a Pentium 4 with 256 MB memory with a dual monitor setup, and a DSL connection. I am not running anything else on this one other than eSignal. Can you please enlighten me on this. Thanks.

Sesh

[ckryza]

Harndog/Wavetrader:

When I first put the package together, I created a script to plot the Squat, Fake and Fade bars but I was not very happy with the output so I did not post the code. I placed it up in the File Share this morning so one of you can take a look at it and, perhaps, come up with a better way of displaying this information.

Link is:

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

Chris

[Phantom]

Re: Pivot formula (enhancement request)

Originally posted by Phantom
Chris,

I would also like to have an option to display the pivot lines for this period and all previous period (continuous lines), instead of just seing them for the last day, last variable period, last week and so on.

Maybe for GUI it can be implemented on the D-,D+ button - adding a Da options (Day all) and same for other buttons.

The idea is to use this function for visual "backtesting" to quickly see how a market behave in the past on pivot points.

Thanks!

Chris,

Can you have a quick look at this topic ?

[ckryza]

Phantom:

I fully understand your request but the problem is that the entire script is written around the concept of waiting until all bars have been loaded before kicking in. This makes it possible for me to implement the button code the way I have as well as the high degree of control over the lines, labels etc. The script was designed to be a fast and flexible mechanism for focusing on today's pivots. I honestly don't even know where I would start to retrofit this thing to do what you want but still be able to work in the mode that I originally intended. The code would not be pretty, I can tell you that much.

I'm fairly certain that are at least 4 or 5 really good 'regular' pivot scripts floating around this site that (I think) do exactly what you are asking (e.g., display the pivot lines on the historical data). Is there a reason that one of those can't be used for the visual backtesting you refer to or am I missing something?

Chris

[ckryza]

I uploaded an Easylanguage translation called MACD-Impulse to the Misc folder in Specialty Scripts.

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

Perhaps someone can figure out what the heck it does

Chris

[FibbGann]

Hi Chris...

Is there anyway to change your Volma.efs so it draws the volume realtime instead of drawing the bars on the close of each interval?

Fibbgann