Software Used to Trade Jack Hershey Methods

[ljyoung]

Quote from LostTrader:

Forewarned... Larry, I unfortunately cannot help you with Pepe's Volume as I use VolumeSCT.

I'll tell you LT, I'm about to head in your direction because for the life of me I can't fix the problem. There is further discussion over on the NT forum but bottom line, even after a careful uninstall and fresh reinstall of pepe's source code with the babs2000 fix, the problem persists. What's even weirder is that the YM, ZB and TF contracts don't have the problem but the NQ, like the ES does (no volume bars for the 15 min time frame but the 10 min and 30 min are OK). Go figure.

lj

 

[ljyoung]

Quote from ljyoung:

Thanks LT, I'll have a look at it.

lj

Works just fine LT, so I can bag my request for a "G" thingy. I installed your volume SCT and no problems with the ES 15 min (whoop-de-doo) but a question if you will. Is there any facile way to have the IB color instead be the 'real' bar color? This is not a big deal and I do see your logic for using it.

lj

 

[LostTrader]

Quote from ljyoung:
Is there any facile way to have the IB color instead be the 'real' bar color?

Larry, the VolumeSCT colors volume per the Spyder discussion of HH and LL. An IB has neither.

Perhaps what you want is VolumePRV (based off VolumeTriColor which I use on tick charts.) These two color up/dn/eq Volume relative to prior bar price close.

Here are all 3 - take your choice...


They are actually easy to modify if you want to look at the script.

 

[ljyoung]

Quote from LostTrader:

Larry, the VolumeSCT colors volume per the Spyder discussion of HH and LL. An IB has neither.

Perhaps what you want is VolumePRV (based off VolumeTriColor which I use on tick charts.) These two color up/dn/eq Volume relative to prior bar price close.

Here are all 3 - take your choice...


They are actually easy to modify if you want to look at the script.

Thanks LT. You've been very helpful. We traders are a funny lot and it's as much me getting used to the 'third' color as anything else. I can always look at the price bar to 'see' where I am.

Your VolumeSCT was truly a Godsend after my 2 days of horror with the JHMVolume stuff. It is totally off the wall but I'm going to send the scripts to the boyz at NT and let them play with things. I'll followup here if something useful comes out of it.

Thanks again.

lj

 

[ljyoung]

LostTrader,

I've attached (and included below) a shot of today's ES 5 min because I think you have a mistake in your logic with respect to what constitutes an IBGS.

The 3 instances I have pointed appear to say that if the 'new' low established by the IBGS bar is 'taken out' by the next bar, then the supposed IBGS bar is 'disqualified'. I don't think this is right. My understanding is that the IBGS stands on its own and its presence or absence is NOT conditional on what the next bar does.

If I am wrong please correct me.

lj

 

[nkhoi]

Quote from ljyoung:

LostTrader,

I've attached (and included below) a shot of today's ES 5 min because I think you have a mistake in your logic with respect to what constitutes an IBGS.

The 3 instances I have pointed appear to say that if the 'new' low established by the IBGS bar is 'taken out' by the next bar, then the supposed IBGS bar is 'disqualified'. I don't think this is right. My understanding is that the IBGS stands on its own and its presence or absence is NOT conditional on what the next bar does.

If I am wrong please correct me.

lj

..]

those bars made HL & LL so they should be in red and if they were in red then there was no shift in gau thus no ibgs.

 

[ljyoung]

Quote from nkhoi:

those bars made HL & LL so they should be in red and if they were in red then there was no shift in gau thus no ibgs.

I'm not exactly sure what you are saying nkhoi. Let's take bar 3.

It opens, makes a lower low than bar 2, then price moves above the open and closes well above the required 2 ticks for an IBGS. It makes a lower high as well. Bar 4 then takes out the low of bar 3.

How is bar 3 any different from bar 11? I don't see any difference except for the fact that bar 12 does NOT take out the low of bar 11.

lj

 

[nkhoi]

Quote from ljyoung:

I'm not exactly sure what you are saying nkhoi. ..
lj

 

[Breakeven]

Quote from ljyoung:



I've copied below a collection of 3 posts from the NT 'Charting' support forum having to do with what appears to be a screwup with the pepe JHM indicators. The posts outline the problem I'm having and I should also say I've been using the 'newest' version of the pepe indicators which incorporates the babs2000 fix among other things. Any help would be appreciated.

TIA

lj

The workaround I use for this problem is to change the number of days loaded on the chart. As a rule, adding or subtracting one market day will correct the volume display. Remember that NT counts the weekend days, so it is possible you will have to add/subtract 3 days to change the displayed market days.

 

[ljyoung]

Quote from nkhoi:

I know that LT's bar coloring scheme is not showing a red price bar and that the bar should be red, but that is not what is being questioned here. Please see below.

lj