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The indicator for the Daily average Range and Dolly are similar in that they both use a breakout of a range to trade I can see advantages in blending the 2 indicators graphically and by using the Dolly Breakout zones but also keeping the Daily average Range as an indication of the possible end of a trade, I have put this together just as a possible graphic idea for the indicator, As you can see I have used coloured panels for the zones and added the Daily Average Range to give an idea of how far price is likely to go. I do not mean to jump in on this thread but have been watching it with interest and it appears to be quite a successful system and while reading through the thread saw many people comment that they would like something like this in a graphic display sense. If i can contribute or help in anyway let me know.
I was working in the same graphics options , you have good taste!
Well... ill keep working today... i hope have time
Would it help if i sent you the code that i have it is a bit rough around the edges but is basically all there, i have added in part of the Daily Average Range so that it signals the range from the OPEN not the pivot,so in a Day that starts in the upper reaches of Dolly the LOW DAILY RANGE could well be above the 2nd Target, if the Daily range comes within the 2nd or 1st target areas the display goes Green and I have changed the TEXT so it updates with the rectangles and added some Daily Average Range text to the Comments.
Would it help if i sent you the code that i have it is a bit rough around the edges but is basically all there, i have added in part of the Daily Average Range so that it signals the range from the OPEN not the pivot,so in a Day that starts in the upper reaches of Dolly the LOW DAILY RANGE could well be above the 2nd Target, if the Daily range comes within the 2nd or 1st target areas the display goes Green and I have changed the TEXT so it updates with the rectangles and added some Daily Average Range text to the Comments.
This is not a complete tested indicator so to those of you who download it do not expect it to run perfectly OK you would be better off waiting for the finished product.
Last edited by cja; 11-07-2006 at 10:27 AM.
Reason: Removed indicator as only listed for code not as working indicator
This is not a complete tested indicator so to those of you who download it do not expect it to run perfectly OK you would be better off waiting for the finished product.
thank you by your work... but when i read your indicator i get veeeeery confused... your dolly it's a some ofcuscated... but, bout the daily averages... it's a good idea but is wrong the way that you use to calcule it... i'll see it later to see how to fix it...
i havent ready dolly yet... but here is an screen shot of the current development version...
, you have good taste!
grrreattt!
Linear Mode
