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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.
cja
thank you , I think everything is working fine now , u r welcome to post this version on post #2. please post indicator attached to this post as it is more clean.
Regards
I have posted the new Dolly Graphics #11 on Post #2
it has a few new features such as a GMT time shift ( A very special thanks to FiFtHeLeMeNt for the GMT code ) an ALERT with pop up window and an AUTO SIGNAL feature which removes the standard Comments and leaves more room for other info, the Auto feature shows the 1st & 2nd Dolly trades and a 3rd Level trade but does not include the REVERSAL TRADES.
All options accessible thru the inputs tab - I hope you all enjoy the new Dolly indicator
ANCOLL Good idea to start a new thread, this way we can evaluate the 2 indicators without confusing the results. This has the potential to capture those bigger moves using the Daily average levels, i guess we shall see as time goes on.
One thing to be aware of is the Pivot is a major support resistance point so if the Pivot is above or below a trading range or near to a TP area be aware price may reverse or bounce, like the MM 4/8 centre level price will usually bounce the 1st time
10/01/2007
H4 turning South and below the zero level, histogram showing upward move has lost strength, H1 turning North but still below the zero level so still has a slight downward pressure, M15 turning looking like it may turn South, histogram showing upward strength is starting to wane, still below the zero level so slight downward bias at present, M5 has been largely below the zero level and is turning South at present but mainly has gone flat. Watch the H1 as the European session opens
Looks like we may have a small run up to around H1 4/8 MM level of 1.9409 & M15 7/8 MM level of 1.9402 while the H1 settles, before price continues South. 1.9348 (MM H1 2/8) & 1.9318 (MM H1 1/8) with 1.9287 (MM H1 0/8)as possible lower target
Look for a steep angle and good separation on the lines - the best moves are when the lines go through the zero level at a steep angle
The histogram gives an early warning of direction and strength
Look for DIVERGENCE on the higher timeframes
If H1 & H4 are turned in the same direction then moves of 120 to 200 plus are on with the GBP
If H1 & H4 are against each other then moves of 80 to 100 pips for the GBP
M15 shows the medium moves
M5 and M1 are used to fine tune the entries, wait for the M5 to just turn if possible confirmed with a slightly previous M1 turn in the same direction this way even if you are wrong generally you will get out of the trade with a small loss or a small profit. M5 moves can show anything from 10 pips to 60 pips or more depending on the day.
Below the zero level is downward pressure and above the zero level is upward pressure
If the M15 is on the zero level and almost parallel to it usually the H1 is fairly flat as well this means the market has no real direction DO NOT TRADE.However the longer this situation continues generally the larger and more explosive the move when it comes - this is a situation often seen on the trading day just before NFP is posted.
The M15 G#MACD moves back to the zero level after a large move, this is NEUTRALISATION and not a directional indication or DIVERGENCE it is merely the indicator resetting - After it reaches the zero level then what happens is important.
UPDATE 16/03/2007 This is the new Dolly #11 with GMT Shift, Pop-up Alerts & an Auto Display option on trading levels instead of Comments. All options are in the inputs tab of the indicator.
A Special thanks to FiFtHeLeMeNt for the GMT code.
I have posted the new Dolly Graphics #11 on Post #2
it has a few new features such as a GMT time shift ( A very special thanks to FiFtHeLeMeNt for the GMT code ) an ALERT with pop up window and an AUTO SIGNAL feature which removes the standard Comments and leaves more room for other info, the Auto feature shows the 1st & 2nd Dolly trades and a 3rd Level trade but does not include the REVERSAL TRADES.
All options accessible thru the inputs tab - I hope you all enjoy the new Dolly indicator
cja
hi cja
could u give me the link of dolly#11
thank u
awan
When WSS take their data to drawn levels, is it @ start of the day, @ 0h00 gmt ???
Thanks
Dolly 11 is great
I think from what i have read that WSS do base there system on 0.00 GMT and there was someone on this site who actually did a back test on the different set up times and 0.00 GMT proved to be the most profitable time to set up, perhaps someone else knows more on this subject as my knowledge of WSS is very limited.
Cja..
you are really a man.
i will try this new indicator right away..
Please provide your e-gold or pay pal..
I will stick it on the first page for anyone who want to donate to you.
You deserve it man...
Hey…!!! WHAT IS THIS?…this thread, another thread always talking about donation, commercial service for the ending, you really wanna help or what..? you said SHARING IS CARING…you know why the owner and admin made this forum, they really wanna help people to make money in this business. you look like to help some people, but not at all in fact, many programmers and experts have involved on this thread or another, but they never talk about it, bcoz they knew forex was a hard business, they tried to improve continuously about systems to solve the less and never guarantee a system is holy grail. i’m sure people like CJA or another experts didn’t expect anything from it. if they WANT, they can make it, but not in the forum, btw they have been rich than you think and not hoping for newbie’s money, or may it be you’re the one who need it? or looking for PROUD for each threads you made and meant everything bcoz of you made it, and another suggestions, if somebody really wanna make some donations, better you give it to all people who really need it, like earthquake, floods, tsunami, poorness, etc.
Thanks for the people who really want to contribute the experiences with their heart and soul.
sorry admin it’s little bit offence, frankly i do not like people who naming helps for specific purposes, just erase this posts, if you wish not deal with this.
Hi cja
Cheers
Are you serious?
Linear Mode
