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Zup Questions
Hello Poruchik,
thank you for posting the Zup indicator and information. I have downloaded, installed and traded with Zup67 for the past week to test it out. I have run it with only default settings except I have infoTF set to true to show the names of the patterns (e.g. Bullish Gartley, etc.). All in all, I think it is great.
I have a few questions and comments. First of all what is the strategy one should use, and interpretation one should make of the size and the shape of the red rectangular box? Some times it is taller and narrower. Other times it is shorter and wider. I know it is good to have a Limit Entry order placed just before the pattern completion with a fairly tight stop. I was just wondering about the thinking behind the red rectangle.
Have a look at the screen shot of the attached chart. Why does the red rectangle not move to the right edge of the right blue triangle? Is this a bug?
It would be great if the red rectangle had the OBJECT_BACK feature enabled so it would draw in the background. Too often it draws right on top of the wicks of the candles preventing me from seeing the wicks. It's been a while since I used that piece of code so I forget the syntax and do not know which line or lines of code to change. Please advise what code to change and what the changes are to make the rectangle draw in the background. Perhaps these changes could be made permanent in the next version.
It would be great if there was an alert that would activate only when a new blue pattern shows up on the screen. Is there such an alert? I tried the ExtAlert but it seems to give too many signals. What exactly is it signalling?
Some Gartley experts claim that unless the Gartley has segment AB = CD, then the pattern is not as effective. It seems the indicator also identifies patterns where AB does not equal CD. It would be great if the indicator showed us when AB=CD so we would know it was a "better" pattern.
Also I notice the indicator will identify the pattern, and show a light green colour to indicate it is a fib number but the ratios don't match conventional wisdom. By conventional wisdom, I mean the standard ratios as per the attached diagram. Please comment.
Since there is so much code, this indicator takes a lot of resources. Are other features that are not turned on in default mode still running in the background? I was wondering if there is a way to make it go faster? I have a fairly new computer with a Pentium D930 Duo Core 3.0 Mz processor with 2 x 2 MB cache so I am a bit surprised that it is sometimes slow. Sometimes MT4 temporarily does not respond for a few or several seconds while the indicator is computing away. For now, I run a completely separate MT4 with only one chart and only with Zup running. Then it is not too slow but adding other indicators and charts really slows things down.
Thanks again for all your efforts Poruchik and please pass along my comments to nen. Sorry I don't speak or read Russian or I would post to nen on the Onix site.
I would greatly appreciate your comments.
Cheers!
WRR
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