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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, 1008 views)
File Type: eld $TTM SCALPER HL.ELD (6.6 KB, 706 views)

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Old 01-30-2010, 09:27 PM   #2

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Re: Kelly's Cycle Identifier

Looks good in past chart
but when does signal show in real time ?
I've seen a lot of indicator shows after 2~3 bar after.
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Old 01-31-2010, 12:07 AM   #3

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Re: Kelly's Cycle Identifier

Quote:
Originally Posted by duhhhh »
Looks good in past chart
but when does signal show in real time ?
I've seen a lot of indicator shows after 2~3 bar after.
Actually all $TTM Scalper are supposed to wait 2 bars and get they signals at the open of the third bar.
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Old 01-31-2010, 06:37 AM   #4

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Re: Kelly's Cycle Identifier

Are you able to attach a text file of the contents of the ELD as I am unable to open it ?


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Old 01-31-2010, 08:37 AM   #5

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Re: Kelly's Cycle Identifier

Code:
{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......whew that's a mouthful!
		
	31.07.2007  added some modifications by insideday for displaying on the bottom and with filter
}

inputs:
	UsesFilter(1),	//added  (0) = No Filter, 1= ATR , 2 = Points
	MinimumDiffPoints(4),	// Points for UsesFilter=2
	ATRMult (3),
	ATRLen (40);
variables:
	highBarsAgo(1),
	possibleHighBarsAgo(1),
	possibleHigh(-2),
	hightoBeat(-1),
	barsSincePaint(1),
	lowBarsAgo(1),
	possibleLowBarsAgo(1),
	possibleLow(10000001),
	lowtoBeat(10000000),
	triggerPriceSell(-1),
	triggerPriceBuy(1000000),
	trend(1),
	_UP(1),
	_DOWN(-1),
	_ON(1),
	_OFF(-1),
	MinimumDiff (0);


//UsesFilter added

If UsesFilter=0 then MinimumDiff =0 else
if UsesFilter=1 then MinimumDiff = ATRMult *AvgTrueRange(ATRLen)else
MinimumDiff=MinimumDiffPoints;




//***************************************************
//****** Find and plot the highest swing high *******
//***************************************************

if trend = _UP then begin
	if swingHighBar(1,H,2,barsSincePaint+2) > -1 then begin
		possibleHighBarsAgo = swingHighBar(1,H,2,barsSincePaint+2);
		possibleHigh = H[possibleHighBarsAgo];
	end;

	if possibleHigh >= hightoBeat then begin
		highBarsAgo = possibleHighBarsAgo;
		hightoBeat = possibleHigh;
		triggerPriceSell = L[HighBarsAgo - 1];
	end;
	
	if C < triggerPriceSell and 
		highest(high,highBarsAgo) < hightoBeat 
		and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin	//added 
		plot1[highBarsAgo](1,"HL",white);
		//alert("Scalper Sell");
		trend = _DOWN;
		barsSincePaint = highBarsAgo-1;
		hightoBeat = -1;
		lowtoBeat = 10000000;
		triggerPriceBuy = 10000000;
		triggerPriceSell = -1;
		highBarsAgo = 1;
		possibleHigh = -2;
	end;

end;

//***************************************************
//****** Find and plot the lowest swing low *********
//***************************************************

if trend = _DOWN then begin
	if swingLowBar(1,L,2,barsSincePaint+2) > -1 then begin
		possibleLowBarsAgo = swingLowBar(1,L,2,barsSincePaint+2);
		possibleLow = L[possibleLowBarsAgo];
	end;

	if possibleLow <= lowtoBeat then begin
		lowBarsAgo = possibleLowBarsAgo;
		lowtoBeat = possibleLow;
		triggerPriceBuy = H[LowBarsAgo - 1];
	end;
	
	if C > triggerPriceBuy and 
	lowest(L,lowBarsAgo) > lowtoBeat 
		and (H[highBarsAgo]-L[lowBarsAgo])>= MinimumDiff then begin	//added
		plot1[lowBarsAgo](-1,"HL",white);
		//alert("Scalper Buy");
		trend = _UP;
		barsSincePaint = lowBarsAgo-1;
		possibleLow = 10000001;
		lowtoBeat = 10000000;
		hightoBeat = -1;
		triggerPriceBuy = 10000000;
		triggerPriceSell = -1;
		lowBarsAgo = 1;
	end;		

end;

barsSincePaint = barsSincePaint+1;
if trend = _UP then highBarsAgo = highBarsAgo + 1;
if trend = _DOWN then lowBarsAgo = lowBarsAgo + 1;
plot1(0,"HL",white);
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Old 02-01-2010, 12:06 AM   #6

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Re: Kelly's Cycle Identifier

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Old 02-01-2010, 12:15 AM   #7

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Re: Kelly's Cycle Identifier

Quote:
Originally Posted by 3monkeys »
Really cool, different signals, will need to modify the input in the Scalper HL
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Old 02-01-2010, 02:52 PM   #8

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Re: Kelly's Cycle Identifier

Hi 3monkeys, is it worth $2,395 Pro*Trend*Inc.
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