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  • Help with this Strategy please

    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

    Attached Files

  • #2
    coding help

    The strategy looks very interesting to say the least. Certainly better than what I was working on for the last couple of weeks with no success.

    Any help that I can lend to you I'd be more than glad to.

    Comment


    • #3
      Thanks sporadic!!!!!!!!

      The thing now is getting it passed the first 2 indicators..

      My thought is that it may pertain to the ALLBAR-NEXTBAR-CURRENTBAR deal, or maybe some timeframe deal, ie; rawtime, which either I do not understand at all..

      Also..the arrow/popup/audio alert thing has me totally baffled..I keep questioning myself as to why is this is such a difficult task and so hard to do..Everything I try and do is basically..KISS!!..You not not see lines, forks, bands, etc..Colors..YES!!!..I love colors..

      If all signals generated but 1 are in alignment and then the last signal generated fires, even interbar, the arrow should be applied either on the chart or indicator window pane depending on the study at that time, together with a popup and an audio alert and not continue to fire all the time..

      Not being a programmer I question this logic..

      I really had doubts about the Jurik Toolset and was amongst my "dead" heap until I was totally frustrated by my inability to use or create a workable EFS for my trading style..Let me say this here..Without Jurik, these indicators would not be possible..

      I have taken many posted and or downloaded EFS and tweaked them..I will put together a package and let all to see and use, but this Strategy right now is my prime concern..

      Never have I seen something like this..Let me say..not all are winners, but the losers are extremely small and the winners are much larger!!..One thing I will say is that I am actually a trader and not a programmer and will post results, with real money used and let all Jurik users and subscriber's see, use, enjoy and hopefully profit from my findings..This Strategy is now a "QUEST" and believe it or not, has become a real hobby for me..

      Racer



      Here is another of my tweaked efs's..enjoy..
      Attached Files

      Comment


      • #4
        You have a few drawing issues with your script but I fixed the script so it now draws the RSX. You were missing the parameters for the JMAs - the length phase and offset.

        Remember if you are drawing the indicator in the indicator pane you can not draw text or wingdings in the Price pane. Also you are only returning one value to be drawn in the indicator pane but you have several represented for drawing in the premain section.

        See the comments in the script.
        Attached Files

        Comment


        • #5
          You had a few things that were not need in this script so I commented them out.
          Attached Files

          Comment


          • #6
            Whatever;;

            THANKS!!!!!!!

            Will not get a real chance to check it out till tomorrow, becoming a grandfather today!!! 5th one!!!

            Hope you take no offense, but I'll comment later..

            Maybe now I can finish this one..started another one yesterday

            Racer again a pop pop!! Now I'm have a GREAT day!!!!!!!!!!!!

            Comment


            • #7
              Whatever..THANK YOU, THANK YOU, and again, THANK YOU!!!!!!

              Looks as if this is what I have been looking for and now I can continue..And THANKS for the explanations!

              Actually the completed EFS, will be a price study.. Finished it will display only a JMA/JMA on the chart together with the generated entry and exit points with a possible chart BG color change..This will allow the user to place any other non price study(s) on the chart desired in order to better confirm the generated buy/sell/short/cover signals..

              I may need some additional help with the popup alerts and the audio alerts, but that is at the completion stage and not at this point..

              Question is this..can one run these alerts from a post main function in order to stop the continuous firing?..Just a thought seeing it works like that through the Wizard..

              Racer

              Comment


              • #8
                Oh and by the way..

                Linsey Carolyn was brought into this world at 5:59pm, 7/9/2004 EDT.. 6lb 10oz.. 19"..A beautiful baby girl

                Mom, Dad and baby fine!!

                Racer

                YES I AM HAPPY!!!

                Comment


                • #9
                  First congradulations and Praise the Lord for the arrival of your healthy grandchild.


                  Question is this..can one run these alerts from a post main function in order to stop the continuous firing?..Just a thought seeing it works like that through the Wizard..


                  Yes. You can use the command setComputeOnClose(true) in the premain section. If this command is not used the sciprt is ran on every tick. With setComputeOnClose(true) the script will be executed once per candle/bar; at the close of that candle/bar.

                  Blessings

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