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Kelly's Cycle Identifier Details »»
Kelly's Cycle Identifier
Platform: , by vegas_trader vegas_trader is offline
Developer Last Online: Dec 2010 Show Printable Version Email this Page

Platform: Tradestation Rating:
Released: 01-30-2010 Last Update: Never Installs: 19
 
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" $TTM Scalper HL " is available in this forum and look very similar from Kelly's Cycle Identifier" ( http://www.trendpro.com/ )
I am not a coder, but so far signals accuracy look good on charts.
It seem that in addition to the regular $TTM Scalper the code identify the 2 previous bars.

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File Type: pdf tm.pdf (506.3 KB, 346 views)
File Type: eld $TTM SCALPER HL.ELD (6.6 KB, 333 views)

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Kelly's Cycle Identifier-capture.png  

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Old 02-01-2010, 04:26 PM   #10

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Re: Kelly's Cycle Identifier

These are all glorified zigzag indicators. They are what they are, telling you the recent highs and lows after the fact by repainting. They don't teach you how to trade.
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Old 02-02-2010, 12:50 AM   #11

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Re: Kelly's Cycle Identifier

Quote:
Originally Posted by 3monkeys »
These are all glorified zigzag indicators. They are what they are, telling you the recent highs and lows after the fact by repainting. They don't teach you how to trade.
I can't believe this guy selling a repainting indicator for this kind of money
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Old 02-02-2010, 09:26 AM   #12

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Re: Kelly's Cycle Identifier

Actually the TTM scapler is useful if you understand how to use it and understand how floor trades scalp.

1. You need 2 chart a long term for trend a fast chart for entry.
2. Understand that scalping is buy the breaks and sell the rallies.
3. A trend is continued new highs or lows in a given direction. UP trend is New high followed by a break followed by a higher high. then a break then a HH etc.

Simple way to trade. You get a trend direction on your longer chart then look for a trade into that direction on a fast chart.

you are not trying to hit pivot tops and bottoms just catch the break between Higher highs for example. Also trend is in one direction until you get a confirmation of a change. for example a string og HH's followed by a LH is a possible change of direction. Until you get that lower high you are always looking for breaks to go long. Trend is also chart specific. For example a daily chart may be in down trend but a 5 min chart may be in uptrend which is inside the longer daily downtrend.
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Old 02-03-2010, 08:41 AM   #13

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Re: Kelly's Cycle Identifier

How can I make strategy with this code

I added bold line in this code and delete plot line
if C < triggerPriceSell and
highest(high,highBarsAgo) < hightoBeat
and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin
sell next bar on market // ADDED

if C > triggerPriceBuy and
lowest(L,lowBarsAgo) > lowtoBeat
and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin
Buy next bar on market // ADDED


but it shows totally diffirent buy/sell signal with indicator
Im not good at EL and strategy

Last edited by duhhhh; 02-03-2010 at 09:22 AM.
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Old 02-03-2010, 10:14 AM   #14

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Re: Kelly's Cycle Identifier

Quote:
Originally Posted by duhhhh »
How can I make strategy with this code

I added bold line in this code and delete plot line
if C < triggerPriceSell and
highest(high,highBarsAgo) < hightoBeat
and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin
sell next bar on market // ADDED

if C > triggerPriceBuy and
lowest(L,lowBarsAgo) > lowtoBeat
and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin
Buy next bar on market // ADDED


but it shows totally diffirent buy/sell signal with indicator
Im not good at EL and strategy
Sure, we all love to be able to buy or sell something 5 or 10 bars ago.
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Old 02-06-2010, 07:22 AM   #15
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Re: Kelly's Cycle Identifier

*************************

Here is the TTM scalper plotted on bars


http://www.traderslaboratory.com/for...-eld-6437.html

************************* ************************* *************

Scalper Buys and Sells 7/18/2007
Written by Luis Gomez
inspired by John Carters "Mastering the Trade"

************************* ************************* *******************

This plots swing highs/lows with a strength of 2 bars on each side, on the condition that there is a
close above/below the high/low the bar after the said swing bar......

************************* ************************* **************

Last edited by aaa; 02-06-2010 at 07:33 AM.
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Old 02-06-2010, 10:13 AM   #16

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Re: Kelly's Cycle Identifier

Is there anything like this for MT4? Thanks.
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Old 04-07-2010, 10:52 PM   #17

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Re: Kelly's Cycle Identifier

Tried this in Easy Language Power Editor and Lots of errors. Anyone Have a functioning ELA file.
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