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Hi
I have not managed to code GMT shift into the Dolly indicator but if you know when 0 GMT time is then simply set the Dolly levels above and below that opening price as all the Dolly levels are individually adjustable - there is also a modified indicator on the Post #2 which has GMT shift in it and i have modified it to be as close to the Dolly as i can, hope this helps
cja
Hi cja
TO u all guys who work on Dolly, you have great job ,
Thank All For This Perfect System I Injoyed while i,m reading all of the Thread Best Regards
In GMACD2 the most important thing is H1,H4 (Both Green/red) or H4,D1?
also i think if the H4,D1 More importan it rare also in H1,H4 to see both the same couler so could i go sell/buy and the GMACD2 signals not the same couler(H1,H4 OR H4,D1)
In GMACD2 the most important thing is H1,H4 (Both Green/red) or H4,D1?
also i think if the H4,D1 More importan it rare also in H1,H4 to see both the same couler so could i go sell/buy and the GMACD2 signals not the same couler(H1,H4 OR H4,D1)
Should i wait for all the rules to go on trade?
Best Regards
Hi
The H1 is the direction for the daily intraday trading, if the H4 is against the H1 then the daily price movement can be smaller if the H4 is the same as the H1 then the daily price movement can exceed the daily average range, if your physically look at the G#MACD indicator instead of the GMACD2 the separation and angle of the lines also gives you a very good idea on the strength or weakness of the trend. I would recommend that you can trade against the H4 but be very careful taking positions against the H1 G#MACD.
The M1 & M5 give you the trade entries, if the M1 has just turned and is the same as the M5 and the H1 then enter at that point, you will find that even if the entry is wrong that the combined move of the M1 & M5 will give enough movement to get out with a small profit or breakeven or perhaps a small loss
Hope this helps
Hi
If you know a simple way to include the GMT shift into the Dolly indicator could you please share it with us because i am sure it would help a lot of people using Dolly. Or better still modify the Dolly indicator and post it for all of us to use.
cja
Hi
The H1 is the direction for the daily intraday trading, if the H4 is against the H1 then the daily price movement can be smaller if the H4 is the same as the H1 then the daily price movement can exceed the daily average range, if your physically look at the G#MACD indicator instead of the GMACD2 the separation and angle of the lines also gives you a very good idea on the strength or weakness of the trend. I would recommend that you can trade against the H4 but be very careful taking positions against the H1 G#MACD.
The M1 & M5 give you the trade entries, if the M1 has just turned and is the same as the M5 and the H1 then enter at that point, you will find that even if the entry is wrong that the combined move of the M1 & M5 will give enough movement to get out with a small profit or breakeven or perhaps a small loss
Hope this helps
cja
Thx for your help and fast reply
Cold you please telling me little tips about DIGISTOCH
IN GMACD ANALYSIS Pc There is H1 Level, H1 ,H4,D1 What is the H1 level and where it please?
The chart Below:
How to avoid this ?
Best Regards
Hany
Last edited by hany mohssen; 03-14-2007 at 11:46 PM.
Hey Guys
Thank you for your all great works. I am very new to your thread but I just noticed your indicator doesnt calculate the pivots and today open correctly because it doesnt have any GMTshift variable ! so if you use various brokers with various time shifts to GMT you will have different pivots and daily opens.
so I fixed it and added TimeShift variable it is a vital variable for calculating pivots and daily open as they are heavily dependent on the time.
but backtest feature is not working anymore , I think having accurate data for our today trades is more important than watching the history !
it is not an official version ! I just fixed it for myself and shared it with you
all of credits goes to last authors ! I just did a small fix.
Regards
Edit 1 : Fixed Fibo Lines too
Last edited by FiFtHeLeMeNt; 03-15-2007 at 03:04 AM.
Thx for your help and fast reply
Cold you please telling me little tips about DIGISTOCH
IN GMACD ANALYSIS Pc There is H1 Level, H1 ,H4,D1 What is the H1 level and where it please?
The chart Below:
How to avoid this ?
Best Regards
Hany
the H1 level is just another way of saying what condition the GMACD H1 is in RED or GREEN. It is very hard to see anything clear as your screenshot is too small, however if the H1 was green and certailny if the H4 was also green when the price approached the SELL AREA then it would be unwise to take a SHORT trade as all the momentum was LONG, as to the DIGISTOCH you should ask Hymns as he is the creater of this indicator.
cja
Excellent work, thanks for that i have struggled with this GMT shift and just could not quite acheive it, now i see it in the code it all makes sense to me, it looks very similar to the code used in some of the GMT Pivot setups.
Thanks again and i am sure this will make another big difference to Dolly users as this was the next step Dolly needed to take. If you do not mind once we are sure that all is working well i will post this indicator on the 2nd Post at the begining of this thread. Thanks again for your efforts.
TO u all guys who work on Dolly, you have great job ,
Thank All For This Perfect System I Injoyed while i,m reading all of the Thread
Could you tell me please what is the function of these indicators on Dolly 10 :
1. DIGISTOCH. What DIGISTOCH tell us with the value of Stochastic M1 till H4? How are the Legend of Trend Up/Dn, Overbought/Oversold, Bullish/Bearish Start working?
2. MM Lines
,
Dear Hymns
Linear Mode
