there isn't one. sorry. try metatrader, its better than VT and there are 1,000s of custom indicators to play with. Compared to Metatrader, VT is a "toy"
just to clarify, the lag is due to imageshack's servers if you have a lot of links to thumbs or images trying to load at once. But hey, it's free.
Saki, do you adjust your target/stop once the new pivots are drawn if you are still in a position at that time, or do you continue to use the same levels until the trade is completed? Nice trade yesterday btw. As for the pivot indicator, which one are you using? I have several from the MT yahoo group and I put up the one called "Pivot Lines Timezone". It has an input called "TimeZone" that I assume is some offset of hours so that you can adjust when the pivots are drawn. Mine is set to 5 and seems to correspond with the same pivots you are using. (I am in the US central timezone and am using Alpari's MT) As to Jimbo's ? about how pivots are calculated, they just use the standard floor trader pivot calculations long used in other markets: Pivot = (yesterday_high + yesterday_low + yesterday_close) / 3 R1 = (2*Pivot)-yesterday_low S1 = (2*Pivot)-yesterday_high R2 = Pivot+(yesterday_high - yesterday_low) S2 = Pivot-(yesterday_high - yesterday_low) Since the high, low and close of yesterday are not usually equidistant the distance between S/R lines will vary from day to day.
I'm going to stick with the pivot/ 4/8ths unless it changes drastically. Honestly, this is a work in progress. I think its best to stay with the trend if a reversal is indeed established by the trade. That's why these autotrendlines are so interesting. So, perhaps what I should do is adjust according to where to median line of the auto trendline is. This might enable more points. As for now, I'm going to set it at the closest point from the previous 24 hours which would indicate a neutral price in the market. I'm using the "Pivot Lines Time Zone" version. I set the pivot time from 10 Metatrader time, not 5 est. That is why my lines aren't standard. What is your take? Do you think I've been lucky this week in terms of the pivots matching the Murrey math frames? Or have you seen this sort of thing done before to profitable effect?
I've deleted my thumbnail links. You were right, huge slowdown already. I will go back to posting just the links. Too bad, it looked really cool
Open Trades: Will open new trades on Monday. Closed Trades: 10k Short AUD/USD .7735 Limit .7675 +60 10k Short EUR/USD 1.2435 Exit 1.2370+65 10k Long USD/CHF 1.2500 Exit 1.2540+40 10k Short AUD/USD .7735 Exit .7685 +45 20k Long USD/JPY Limit 110 +90 10k Short AUD/USD .7735 Exit .7565+170 10k Long USD/CHF 1.2505 Exit 1.2710 +205 10k Short EUR/USD 1.2435 Exit 1.2170 +265 10k Long EUR/USD 1.2193 Limit 1.2270+77 10k AUD/USD .7533 Exit .7570+37 10k Long AUD/USD .7533 Exit .7580+47 10k Long USD/CAD 1.1893 Exit 1.1975+82 10k Long EUR/USD 1.2193 Exit 1.2291+98 10k Long USD/CAD 1.1893 Exit 1.1899+6 10k Long USD/CHF 1.2578 Stop 1.2509 -69 10k Short EUR/USD 1.2293 Exit 1.2350 +43 10k Short EUR/USD 1.2577 Exit 1.2518+59 10k Short GBP/USD 1.8468 Exit 1.8420+48 10k Short EUR/USD 1.2540 Exit 1.2478+62 20k Short GBP/USD 1.8400 Exit 1.8390 +20 10k Short EUR/USD 1.2540 Exit 1.2277+263 10k Sell USD/CHF 1.2630 Stop 1.2705-75 Model Account Balance: 3578