Question for Grob/Hershey...

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Quote from easyrider:

Thanks for the pm. KT.

I need a project for this weekend and since I got the excel thing running with your guys help I am wondering if I can make a little modification. How hard would it be to make it so the column would change to red or green at slightly higher values than they do now? Say I dont want the red or green to come on until its at least 4 or -4. Would this be something I could do?
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YES, it is very simple. Change the value of cell B10 from 9 to 18 and B12 from -9 to -18 (double the values). Scaling these values scales the noise threshold. As mentioned before, I created this sheet as a very simple to modify tool. Originally, the two cells dictated the exact desired noise levels. In the next update it will be fixed...

REGARDS ALL,
MAK

Nice to see some of you other folks jumping in.
 
Quote from makosgu:

The tiki is in IB but in a non-released form. They are still testing it from what I recall somewhere on ET. I'm still trying to assess which are the effective breadth indicators.

Regards,
MAK
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Ah. Well I hope they do it soon. The Ticki is a pretty good indicator for program action kicking in and I would really like to watch it alongside your baby.
 
Quote from makosgu:

YES, it is very simple. Change the value of cell B10 from 9 to 18 and B12 from -9 to -18 (double the values). Scaling these values scales the noise threshold. As mentioned before, I created this sheet as a very simple to modify tool. Originally, the two cells dictated the exact desired noise levels. In the next update it will be fixed...

REGARDS ALL,
MAK

Nice to see some of you other folks jumping in.
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LOL. It doesnt get any easier than that. Thanks.
 
backtesting

"set up" trades

profit targets

stop losses

edge orientation

mechanical action

That stuff is for losers, Grob proclaims it!!

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1027998">
 

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Thanks Mak for the thorough and helpful response.

I am trying to get my setup to look like your NOW chart. Its the first time I have ever really heard of a range bar chart. I am not quite sure if my data provider offers them but I will use quotetracker if they dont.
 
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