The attached partially completed EFS/Strategy has a problem that I can not figure out..
It is based on a min of 4 indicators that by tracking them manually is extremely accurate, but at this time I'm stuck..
I have printed everything I could find from eSignal and Jurik, my desk looks like a bomb went off and the wife is asking about all the ink and paper, and I still don't know the reason or logic behind alot of the things I am doing, but they do work..I want to give a SPECIAL THANKS!!--Alexis, Mark, Brad, Jason and Chris for all the work they do here in the Forums, I really appreciate it and if anyone else here that has used their information and knowledge in order to either write a personal EFS and/or strategy or publish or post an EFS/strategy, has not given these people their dues, shame on you!! Their work here I really believe is unrewarding, time consuming and often unappreciated..Lady's and Gent's, a hardy THANKS from me!!
I am disappointed that there is not a more definitive manuel from "eSignal" as to the "whys" and hard and fast information on the codes and their usage..It is easy to copy and paste code and then think you accomplished something..I personally feel that I have accomplished NOTHING!!!..I am the kind of person that needs to know why I have done something, an explanation so to speak..
Now let me get off my soapbox and get on with the real basis of this post:
First I had a problem with the "up/down" arrows..I copied one of Alexis' codes in order to at least show them, but it gave me arrows at every bar..This was used if (rx4>50),green uparrow and if (rx4<50) red downarrow..Both appeared below the RSX line..
I then added another statement to the code..(jm1>jm2) & (jm1<jm2)..The logic behind this is: place an uparrow "ONLY" if rx4 > 50 and jm1 > jm2..This seemed to me to be fairly simple, but when I applied the logic to the EFS, ((rx4>50) && (jm1 > jm2)) the uparrows disappeared completely..Same happened when I applied the reverse to the "<" statement..
Add to this I would like to place only 1 arrow at the time the indicators exactly align, green below and red above, the displayed the "rx4" line, but not every bar the code is true..This arrow can actually flash on and off if the indicators go from true to false..That is no big deal at all..the audio alerts (.wav) should trigger only at the time and in conjunction with the arrow being displayed..
As I said this EFS will be based on a min of 4 Jurik Indicators, I am currently working on a 5th, that I have found to be extremely accurate and smooth and the others are at this time, been omitted, only because I need to figure out how to make at least 2 work together..
I have not added the "addOption" to this yet, which will make the RSX extremely flexible, (3 RSX's being displayed as one, with each one having the ability to have the Length and Price changed to further tune this EFS, although this is not the real key to the strategy/EFS..As a matter of fact, every indicator used will have the ability to be adjusted though the addOption function..
One really cool thing is the addToList function I will to use together with audible alarms..
A seek peek is, and a little help is needed here also, if the jm1 > jm2 or jm1 < jm2, an alert will fire, both popup and audible.."possible long" or "possible short"..I found that this is always the first indicator that meets the criteria of the strategy and will bring to ones attention that a trade is possible..This way one can focus on more than 1 or 2 issues, either stocks or futures..Imagine being able to watch as many things that you want at any given time and focusing on only the ones that have a real possibility of being profitable and productive BEFORE it happens.
The strategy actually gets you to a trade, at a very safe entry and will get you out quickly if it turns against you..Also it keeps you in a trade a little longer and takes fluctuations into consideration..One great thing about it is that one is actually flat if everything is not as "you" wanted. Flat really is not bad at all!!!
Does it sound like I'm excited??..I AM!!! I feel like I have found something that works after spending tons on stuff that I don't even use any longer..
As a side bar on this I'll give an example of this strategy..I currently am watching NVDA on a 2 minute chart, although the strategy works on every time frame I checked, at 10:12 the indicators showed NVDA short at $18.06. At 10:28 the jm1/2 would have triggered a cover alert at $17.87, +.14 on this trade..the jm1<jm2, showed at 10:06! a full 6 minutes before the trade would be executed..Next at 10:44 another short signal generated at $17.89 and at 11:00 a cover signal at $17.80, only .09, but profit is profit..Now it is really exciting..at 11:04 a long signal generated at $17.90, an exit triggered at 11:12 at $17.96, .06, on a wiggle of the JMA, got to work on that, but it REENTERED at $17.95 at 11:14 and is still in trade at 11:44 at $18.12, another .17..Just triggered at the $18.12, so .17..Total of .46 from 10:06 till 11:43..not bad at all!!..oops..just signaled a reenter at $18.14, long!! This is only one stock!!!
Excitement....YES!!!!!!!!!!
TIA Racer
It is based on a min of 4 indicators that by tracking them manually is extremely accurate, but at this time I'm stuck..
I have printed everything I could find from eSignal and Jurik, my desk looks like a bomb went off and the wife is asking about all the ink and paper, and I still don't know the reason or logic behind alot of the things I am doing, but they do work..I want to give a SPECIAL THANKS!!--Alexis, Mark, Brad, Jason and Chris for all the work they do here in the Forums, I really appreciate it and if anyone else here that has used their information and knowledge in order to either write a personal EFS and/or strategy or publish or post an EFS/strategy, has not given these people their dues, shame on you!! Their work here I really believe is unrewarding, time consuming and often unappreciated..Lady's and Gent's, a hardy THANKS from me!!
I am disappointed that there is not a more definitive manuel from "eSignal" as to the "whys" and hard and fast information on the codes and their usage..It is easy to copy and paste code and then think you accomplished something..I personally feel that I have accomplished NOTHING!!!..I am the kind of person that needs to know why I have done something, an explanation so to speak..
Now let me get off my soapbox and get on with the real basis of this post:
First I had a problem with the "up/down" arrows..I copied one of Alexis' codes in order to at least show them, but it gave me arrows at every bar..This was used if (rx4>50),green uparrow and if (rx4<50) red downarrow..Both appeared below the RSX line..
I then added another statement to the code..(jm1>jm2) & (jm1<jm2)..The logic behind this is: place an uparrow "ONLY" if rx4 > 50 and jm1 > jm2..This seemed to me to be fairly simple, but when I applied the logic to the EFS, ((rx4>50) && (jm1 > jm2)) the uparrows disappeared completely..Same happened when I applied the reverse to the "<" statement..
Add to this I would like to place only 1 arrow at the time the indicators exactly align, green below and red above, the displayed the "rx4" line, but not every bar the code is true..This arrow can actually flash on and off if the indicators go from true to false..That is no big deal at all..the audio alerts (.wav) should trigger only at the time and in conjunction with the arrow being displayed..
As I said this EFS will be based on a min of 4 Jurik Indicators, I am currently working on a 5th, that I have found to be extremely accurate and smooth and the others are at this time, been omitted, only because I need to figure out how to make at least 2 work together..
I have not added the "addOption" to this yet, which will make the RSX extremely flexible, (3 RSX's being displayed as one, with each one having the ability to have the Length and Price changed to further tune this EFS, although this is not the real key to the strategy/EFS..As a matter of fact, every indicator used will have the ability to be adjusted though the addOption function..
One really cool thing is the addToList function I will to use together with audible alarms..
A seek peek is, and a little help is needed here also, if the jm1 > jm2 or jm1 < jm2, an alert will fire, both popup and audible.."possible long" or "possible short"..I found that this is always the first indicator that meets the criteria of the strategy and will bring to ones attention that a trade is possible..This way one can focus on more than 1 or 2 issues, either stocks or futures..Imagine being able to watch as many things that you want at any given time and focusing on only the ones that have a real possibility of being profitable and productive BEFORE it happens.
The strategy actually gets you to a trade, at a very safe entry and will get you out quickly if it turns against you..Also it keeps you in a trade a little longer and takes fluctuations into consideration..One great thing about it is that one is actually flat if everything is not as "you" wanted. Flat really is not bad at all!!!
Does it sound like I'm excited??..I AM!!! I feel like I have found something that works after spending tons on stuff that I don't even use any longer..
As a side bar on this I'll give an example of this strategy..I currently am watching NVDA on a 2 minute chart, although the strategy works on every time frame I checked, at 10:12 the indicators showed NVDA short at $18.06. At 10:28 the jm1/2 would have triggered a cover alert at $17.87, +.14 on this trade..the jm1<jm2, showed at 10:06! a full 6 minutes before the trade would be executed..Next at 10:44 another short signal generated at $17.89 and at 11:00 a cover signal at $17.80, only .09, but profit is profit..Now it is really exciting..at 11:04 a long signal generated at $17.90, an exit triggered at 11:12 at $17.96, .06, on a wiggle of the JMA, got to work on that, but it REENTERED at $17.95 at 11:14 and is still in trade at 11:44 at $18.12, another .17..Just triggered at the $18.12, so .17..Total of .46 from 10:06 till 11:43..not bad at all!!..oops..just signaled a reenter at $18.14, long!! This is only one stock!!!
Excitement....YES!!!!!!!!!!
TIA Racer
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