AHG - Profitable Strategy for Struggling Traders

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2trade,

I use QT and was hoping to get the basic rules.

I like how you only paint the reversals, nice.

Verbally, can you state the basic rules?

-Tech
 
Criteria1 is to paint the Strong bar, Criteria2 for the Weak bar.
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]));

where: c=close, h=high, l=low.... [1] means a bar ago, [2] 2 bars ago and so on... no brackets means current bar

Unless there's an opposite bar eg. if a Strong (3bar) bar was painted, other strong bars are ignored until a Weak bar is signaled, the weak bar will be painted, then all Weak bars are ignored until a Strong bar appears - thus the reversals...

All other bars are painted darker as normal candlesticks except if open = close -> that's white.

I can't explain it any more than that - hope this helps...

EDITED WITH MORE INFO...

i


Quote from Techdoodle:

2trade,

I use QT and was hoping to get the basic rules.

I like how you only paint the reversals, nice.

Verbally, can you state the basic rules?

-Tech
More...
 
I understand it now.
Thanks a lot!

Not sure QT can do this.
Anyone know how?

I really like the uncomplicated look.

-Tech

Quote from iluv2trade:

Criteria1 is to paint the Strong bar, Criteria2 for the Weak bar.
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]));

where: c=close, h=high, l=low.... [1] means a bar ago, [2] 2 bars ago and so on... no brackets means current bar

Unless there's an opposite bar eg. if a Strong (3bar) bar was painted, other strong bars are ignored until a Weak bar is signaled, the weak bar will be painted, then all Weak bars are ignored until a Strong bar appears - thus the reversals...

All other bars are painted darker as normal candlesticks except if open = close -> that's white.

I can't explain it any more than that - hope this helps...

EDITED WITH MORE INFO...

i
More...
 
Quote from Anekdoten:

Frequency Sample

Hope it helps.

Anek
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Thanks Anek, That helps. I imagine it will take some screen time to be able to read the frequency properly, but now I know what to look for.

Thanks Again:)
 
Quote from iluv2trade:

Thanks, just trying to give back
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A good improvement to the original engulfing bars.

I'm also benefiting from the journal.

Reminds me of the bald hair grow commercial from long time ago.

I'm not only the president I'm also a customer lol

Anek
 
The white bars were blinding me on the shorter time frames :) so I used RGB to set the color to grey... the higher the (same) numbers the lighter it is, and vice versa.

instead of white, you can use RGB(180, 180, 180) or something along those lines...

fyi, if you wanna funky up your charts with different colors, go to Microsoft Paint ->Colors->Edit Colors->Define Custom Colors to get the appropriate RGB code... I'm only using fluorescent colors from now on to keep me awake during the dull times of the trading day... I wonder if coffee color would help also???

i
 
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