3bar trend - Page 2 - Traders Laboratory

05-27-2007, 02:12 AM

waveslider waveslider is offline

waveslider is sliding surf

Trader Specs

Join Date: Apr 2007

Location: Victoria,Canada

Posts: 375

Thanks: 18

Thanked 26 Times in 22 Posts

3bar trend

Hello,

This indicator is designed to indicate trend and potential support/resistance levels.

It originated from my work with the wide range bodies and their translation into tick charts.

My theory is that wide range bodies appear in tick charts as consecutive bars higher or lower (3 bars with higher highs, higher lows, etc.). It's not an exactly true translation, but often it works out that way in my experience.

Taking the theory...

Click here to read the entire release

#10 (permalink)

By slableak on 01-14-2008, 12:38 PM

Re: 3bar trend

	Quote:	waveslider
	Hi David. Sounds like you are using it as an exit stop. Personally I wouldn't use it as a trailing stop because it doesn't actually trail.

Hi Waveslider,

Actually I have been using it for a type of swing trade indicator on the ER2 after I find the trend and get in the trade. So yes & no on the stop. I thought it would be good to make it more sensitive and place it on the chaert twice with different colors. I would like to code it for Ninja Trader. I dont know enough about C# language to do it though.

thanks,
David

#11 (permalink)

By waveslider on 01-14-2008, 01:28 PM

Re: 3bar trend

to make it more sensitive, you could always take the time frame a notch lower..

#12 (permalink)

By 9146894me on 01-29-2008, 03:40 PM

Re: 3bar trend

I'm interested in your ideas. I would like the ela code text to look for improvements and would share the same.
Randy

#13 (permalink)

By MC on 01-29-2008, 04:40 PM

Re: 3bar trend

I left Tradestation and man am I gonna miss this indicator.
Has this been coded for any other platforms that someone could share the code for? I'm still undecided on what platform and broker I will use and this may help me decide.

Thanks

#14 (permalink)

By trader273 on 01-29-2008, 04:47 PM

Re: 3bar trend

	Quote:	mcichocki_
	I left Tradestation and man am I gonna miss this indicator. Has this been coded for any other platforms that someone could share the code for? I'm still undecided on what platform and broker I will use and this may help me decide. Thanks

Take a look at Multi-charts. It is basically a TS clone only you can choose what data provider instead of being stuck with what TS gives you.

#15 (permalink)

By Mr.Money on 01-29-2008, 04:56 PM

Re: 3bar trend

	Quote:	trader273
	Take a look at Multi-charts. It is basically a TS clone only you can choose what data provider instead of being stuck with what TS gives you.

Do they accept the same indicators??

#16 (permalink)

By trader273 on 01-29-2008, 05:56 PM

Re: 3bar trend

	Quote:	Mr.Money
	Do they accept the same indicators??

It uses easy language as its programming language. I have never had a problem, but there maybe some things that TS offers that MC doesnt but nothing too extreme. I believe they have a free trial, give it a try to see if everything works, if not no big deal.

#17 (permalink)

By MC on 01-29-2008, 06:34 PM

Re: 3bar trend

	Quote:	trader273
	It uses easy language as its programming language. I have never had a problem, but there maybe some things that TS offers that MC doesnt but nothing too extreme. I believe they have a free trial, give it a try to see if everything works, if not no big deal.

Thanks guys...I'll look into them.
I've seen them before but am not in a position to pay the full price yet.
Any reccomendations on data providers?

#18 (permalink)

By Mr.Money on 01-29-2008, 06:39 PM

Re: 3bar trend

	Quote:	mcichocki_
	Thanks guys...I'll look into them. I've seen them before but am not in a position to pay the full price yet. Any reccomendations on data providers?

I've been using transact for years. Platform is similar to infinity AT. Actually they're the developers of that platform. No problems whatsoever. I see they're listed on multicharts list of vendors

Frank

Page 2 of 2

« Previous Release | Next Release »

LinkBacks (?) LinkBack to this Thread: http://www.traderslaboratory.com/forums/f46/3bar-trend-1832.html
Posted By	For	Type	Date
Traders Laboratory	This thread	Refback	01-13-2008 04:56 PM

Currently Active Users Viewing This Release: 1 (0 members and 1 guests)

Release Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Forum Jump

Similar Threads
Release	Release Starter	Category	Comments	Last Post
%TREND Calculations	Soultrader	Technical Analysis	14	03-24-2007 01:03 PM
Trend Day Confirmation	ckait	Technical Analysis	37	03-22-2007 01:04 PM
Trend Following Systems	Soultrader	Data Feeds	7	03-06-2007 10:58 AM
Trend Trading vs Counter Trend Trading	Soultrader	Technical Analysis	9	10-29-2006 11:32 AM
Consolidation after a trend day	Soultrader	E-mini Futures	0	09-06-2006 09:04 AM

All times are GMT -4. The time now is 01:07 AM.

	<a href='http://traderslaboratory.com/adserver/www/delivery/ck.php?n=a1be3cb8&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='http://traderslaboratory.com/adserver/www/delivery/avw.php?zoneid=37&cb=INSERT_RANDOM_NUMBER_HERE&n=a1be3cb8' border='0' alt='' /></a>	Advanced Search