AHG - Profitable Strategy for Struggling Traders

Hi Mark1, Swandro and NT,

I intended on posting a AHG reference manual later today... and noticed the past posts regarding a code error...

Could someone please be so kind as to post the complete corrected code, so I may include it in the indicator list...

Additionally, Mark1 is this code error in any of the recent zip files you posted? listed below:

• 123 Pivot - 123 pivot.zip - explanation.png (11-25-07) (mark1) (Amibroker)
o The same code as posted by JD Conner, translated for Amibroker (see post for rules)

• Anek Three Bar Reversal Paintbar (mark1) (11-25-07) (Amibroker)
o bars reversal.zip - 3 bar reversal.png
o 123 pivot.txt – text
o my pivot123 rules.txt

• Anek Three Bar Reversal Paintbar code as modified by iluv2trade (mark1) (11-27-07) (Amibroker)
o 3 bar reversal v.iluv2trade_01.txt
o Same colors used in the pivot formula: blue candle signals up reversal, yellow candle signals down reversal.
o The "colored" bar is the signal bar (you don't need a confirmation from the following bar as in ST 123 pivot), depending on how you want to use the signal, say you have a colored reversal long, you can enter at the close of the colored bar or you can wait and see if the next bar forms a Higher High than the colored bar and enter 1 tick above the high of the colored bar, say the following bar doesn't form a Higher High you might discard the signal.

I am not familiar with Amibroker, and would like to avoid posting an inaccurate file or code...

Thank you all very much for your help...

 

the wrong code is only the iluv2trade version :

• Anek Three Bar Reversal Paintbar code as modified by iluv2trade (mark1) (11-27-07) (Amibroker)
o 3 bar reversal v.iluv2trade_01.txt
Change the code as showed by the poster who found the error

 

HW and Mark

you are doing a good job.will be very helpful to all of us

thanks

 

I dont always have a negative risk reward ratio, I guess the trade is whatever I see that has a good probability, although if the stop is too large for my liking I dont take the trade. I use s/r and the high and low of a previous bar as stops. If I dont like the price action I may exit halfway to my stop. Re read my first post on the pivots I belive it explains it well. Hope this helps.

P.

 

Sorry for the needed updates... But I thought it worthwhile to update as it appears quite a few have downloaded this Ninja code...

This update includes a simple change to make sure you have at least 3 bars of data before continuing ... otherwise you will find in some cases (replay, changing time frame etc) that the indicator will not paint at all...

V3 update attached...

Fox

 

Thanks a lot.

Tightening the stop if you loose confidence in a trade is something I never thought about.

 

Attached are my updated notes to date.

You will notice that this is a summary document and is not inclusive of all of Anek's teachings. It is highly recommended for all newcomers to read the Thread in its entirety to gain the maximum benefit of Anek's contributions. This document is intended to provide an overview of what has been discussed to date, and as a reference for those who have been following the thread since its inception.

I have attempted to include links to the most current indicators posted by members of this journal and make corrections to the best of my ability. You will find reference to the contributor and most recent post date for additional information.

I have also attempted to catalog all of Anek's charts (links) in chronological order, and retain the comments of each post.

I have excluded contributions from other notable contributors as it is my intention to dedicate a document for each and prevent confusion from the different trading styles.

My next project will be focused on piscuy, who is graciously sharing a slightly different but equally efficient method and has gained extreme popularity, also most notably is highly regarded by Anek.

I thank those that have contributed to this thread, I have gained a tremendous amount of knowledge from each and I am truly grateful. For those that find these notes beneficial my only request is that you "pay it forward" and contribute to what Anek has started...

Trade well and be well....

 

wonderful document.thanks and thanks and thanks

 

If your stop is two points away as an example and you see a lot of orders coming in against you there is no reason to give away the whole two points if you are most than certain that it will get your stop. Get out and try to find another entry. It is a LOT cheaper to re enter than take the full stop on this cases.

P.