AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
- Start date
- Status
Check out this chart, the reversal signals are pretty damn interesting... based on Anek's 3bar paintbars...
I know you were.
I switched to using a higher time frame chart because I find I am in to many trades on a faster time frame. So today was not good for the time frame I was using. (Or maybe it was just me) Some days it works great. Just not today. Tomorrow is a new day. We'll see what happens. Thanks for your great thread.
Chris
Can you recite anek's 3bar reversal setup?
I my have missed it and will probably be lost looking for it.
-Tech
Any way you can post an example of what you filter in/out based on frequency? Hard for me to ignore a HH/LL if the frequency is not right
Thanks!
Thanks!
Change from Anek's version:
- made criteria editable in Format
- I added "or h>c.." clauses in the Criterias
- I only paint bars that reverse signals (optional -> "seeall=false" set as default, in other words, by default, only shows reversals)
Enjoy
ps. posted eld at http://elitetrader.com/vb/showthread.php?s=&postid=1690910#post1690910
- made criteria editable in Format
- I added "or h>c.." clauses in the Criterias
- I only paint bars that reverse signals (optional -> "seeall=false" set as default, in other words, by default, only shows reversals)
Enjoy
ps. posted eld at http://elitetrader.com/vb/showthread.php?s=&postid=1690910#post1690910
Code:
input : seeall(false), upcolor(green), dncolor(red),
Criteria1(close > h[1] and (h > h[2] or h > c[2]) and (h > h[3] or h > c[3])),
Criteria2(close < l[1] and (l < l[2] or l < c[2]) and (l < l[3] or l < c[3]));
var : threebarup(false), threebardown(false), okplot(false), color(0), flagup(true), flagdn(true);
// set following to false each time through
threebarup = false; threebardown = false; okplot = false;
if Criteria1 then
threebarup = true;
if Criteria2 then
threebardown = true;
if seeall then
begin
if threebarup or threebardown then
okplot = true;
end
else
// To just see reversals
begin
if threebarup and flagdn then
begin
okplot = true;
flagdn = false;
flagup = true;
end;
if threebardown and flagup then
begin
okplot = true;
flagdn=true;
flagup=false;
end;
end;
If Okplot then
Begin
if threebarup then
color = upcolor
else if threebardown then
color = dncolor;
PlotPB (high, low, "PB", color);
end
else
begin
if close > open then
PlotPB (high, low, "PB", darkgreen)
else if close < open then
PlotPB (high, low, "PB", darkred)
else
PlotPB (high, low, "PB", white);
end;- Status