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Old 07-27-2007, 10:18 PM
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This member is the original thread starter. Lightbulb Scalper Buys/Sell Replica

Hi All,

I have been an avid reader of this forum for a while. I just thought I would contribute to an internet that I have taken so much from...

Here is a replica of Scalper Buys and Sells. As far as I can tell, it matches up perfectly. If you would like to use it along with the Heiken-Ashi paintbars, I recommend you set the plot thickness to at least two more than the thickness of the Heiken-Ashi (In the attached picture, the Scalper Indicator is set to 3 and the...
Attached Images
File Type: jpg TTM_Scalper bare.jpg (83.3 KB, 1471 views)
File Type: jpg TTM_Scalper with Trend.jpg (81.6 KB, 1200 views)
Attached Files
File Type: eld TTM_SCALPER.ELD (5.8 KB, 1434 views)

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  #20 (permalink)  
By bodhikamran on 09-04-2007, 06:02 PM
Re: Scalper Buys/Sell Replica

i do not know where to start from.
do u?
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  #21 (permalink)  
By cooter on 09-04-2007, 06:32 PM
Re: Scalper Buys/Sell Replica

Quote:
View Post
i do not know where to start from.
do u?
Yes.

Go here:

http://forum.esignalcentral.com/index.php

Use the search function.

Ask someone.
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  #22 (permalink)  
By jjthetrader on 09-04-2007, 06:59 PM
Re: Scalper Buys/Sell Replica

Quote:
View Post
i do not know where to start from.
do u?
There's a link on page two of this thread. The TradeStation code is posted there. To start I would have a look at it to get the logic behind the paintbar study. If you don't know any EasyLanguage then I'd take that code to a forum where people know esignal language. I personally don't because I can't stand esignal.
Good luck with your quest. I hope you find answers.
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  #23 (permalink)  
By marti on 09-09-2007, 08:31 AM
Re: Scalper Buys/Sell Replica

thank you; I'd searched for something like this for ages
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  #24 (permalink)  
By ekinvestments18 on 09-16-2007, 05:55 AM
Re: TTM Scalper Buys/Sell

Traderlu,

Hi. Thanks for posting the TS code. I tried following the code, but I'm and esignal person so I don't get the small nuances of the code. I'm trying to convert this to esignal, but I keep getting confused by the rules. The video is also confusing as Carter keeps correcting himself and isn't clear.

1. You get a high that's at least as high or higher than the previous two bars. This bar is a potential paintbar.
Q- Is this 3 higher highs based on the close of each bar or just the highs of each bar?

2. The next bar makes a lower high; The low of this bar is the trigger.
Q - Same question as before, is this lower high based on the close of the trigger bar or the high of the trigger bar?


As far as how the indicator actually works, John's description of "three higher closes" is a bit misleading. I disregarded this criteria in the code. It is merely based on swing highs/lows. I'll give an example for a Scalper Sell:

1. You get a high that's at least as high or higher than the previous two bars. This bar is a potential paintbar.
2. The next bar makes a lower high; The low of this bar is the trigger.
3. From here, if we do not make a higher high and we get a close below the trigger, we paint the swing high bar. Concept is simple but was a bit tricky to program (for me, at least).

Thanks.
elliot
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  #25 (permalink)  
By HoustonMark on 10-07-2007, 09:45 AM
Re: Scalper Buys/Sell Replica

Thanks Luis!
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  #26 (permalink)  
By Takeiteasy on 12-01-2007, 12:29 AM
Re: Scalper Buys/Sell Replica

Thank you for your efforts Luis.

great job.
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  #27 (permalink)  
By Z_trade on 12-28-2007, 02:28 PM
Re: Scalper Buys/Sell Replica

Here is a very useful addition to the Scalper Buy/Sell. The red arrow above or below shows the trigger bar and after the confirmed Scalper signal disappears.

This is a NT screenshot and the code is publicly available.
Attached Images
File Type: jpg scalper.jpg (33.9 KB, 355 views)
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  #28 (permalink)  
By chrisl on 01-24-2008, 07:40 AM
Thumbs up Re: Scalper Buys/Sell Replica

Luis, you are the best !
I've had all the TTM indicators from traderslabratory except for this one. Funny thing is, I wrote a letter to carter telling him how expensive I thought his indicators were and that under $1000 sounded better. 2 weeks later they were reduced, but it was a week to late, had already found 90% of the indicators "free" here.
You have just completed the series.
Thank you

p.s. Anyone bought the Journal from TTM it is worth the money and you can easily go to http://www.johnmote.com/ Excel spreadsheet password crack to expand it and get rid of the huge TTM logo.
Just wanted to give back
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  #29 (permalink)  
By ShawnZoom on 02-19-2008, 09:49 PM
Re: Scalper Buys/Sell Replica

Hope someone can help. When I use the scalper buy/sell indicator, ever so often I seem to get an incorrect signal. I have seen this on many different time frames. I'm attaching two images that highlightthe problem. Any help would be much appreciated.
Attached Images
File Type: png Why red scalper sell signal.png (23.0 KB, 121 views)
File Type: png why white scalper buy signal.png (16.4 KB, 111 views)
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