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Joe Ross Hook' and 123's


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Joe Ross Hook' and 123's

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  #1 (permalink)
Sydney NSW
 
Experience: Intermediate
Platform: Multicharts
Trading: AUD/USD
 
Posts: 5 since Sep 2010
Thanks: 5 given, 1 received

Hello all
Below is code that i got from -> RE: Ross Hook, Omega TradeStation Email Archive | PureBytes.Com.
New to multicharts and Easy language . Get errors in multicharts not sure why.. Thanks



A Ross Hook. Trade the breakout of the point.

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I have the following Ross Hook indicator. Never used it and have no idea
where I got it. Don't even know how or if it works. I just collect this kind
of thing with the idea of looking it over before I die. Probably won't.

Use at your own risk.

JFB
Shaven Heads Trading
NYC

------------------------------------------
INPUT: GannDays(4),SigExpir(50);
VAR:
MarketHigh(-99999),MarketLow(999999),PHi(0),PLo(0),Idx(0),PrevPHiBar(0),PBar
Count(0),LowestPLo(0),LowestPLoBar(0),PLoFound(FALSE),Lo2HiDays(0),

TempBuyPrice(0),TempBuyBar(0),TempBuyON(FALSE),PrevPLoBar(0),HighestPHi(0),H
ighestPHiBar(0),PHiFound(FALSE),Hi2LoDays(0),
TempSellPrice(0),TempSellBar(0),TempSellON(FALSE);

ARRAY: PHiBar[1500](0),PHiPrice[1500](0),PLoBar[1500](0),PLoPrice[1500](0);



PLoFound=FALSE;
PHiFound=FALSE;

If High>MarketHigh Then {Capture Highest High of Market}
MarketHigh=High
Else
MarketHigh=MarketHigh[1];

If Low<MarketLow Then {Capture Lowest Low of Market}
MarketLow=Low
Else
MarketLow=MarketLow[1];

If High<High[1] and High[1]>High[2] {Identify Privot Highs}
Then Begin
PHi=PHi+1; {Pivot High Counter}
PHiBar[Phi]=CurrentBar -1; {Most Recent Pivot High Bar}
PHiPrice[PHi]=High[1]; {Most Recent Pivot High Price}

If Low>Low[1] and Low[1]<Low[2]
Then Begin
PLo=PLo+1;
PLoBar[PLo]=CurrentBar-1;
PLoPrice[PLo]=Low[1];
End;

If PHiBar[PHi]=CurrentBar -1 and PHiPrice[PHi]<MarketHigh and PHi>1 and
PLo>1
Then Begin
For Idx=PHi-1 DownTo 1
Begin
If PHiPrice[PHi]<PHiPrice[Idx]
Then Begin
PrevPHiBar=PHiBar[Idx];
Idx=1;
End;
End;

PBarCount=PHiBar[PHi]-PrevPHiBar;

If PBarCount>GannDays
Then Begin
LowestPlo=PLoPrice[PLo];
LowestPLoBar=PLoBar[PLo];

For Idx=PLo-1 DownTo 1
Begin

If PLoBar[Idx]>PrevPHiBar
Then Begin
If LowestPLo>PLoPrice[Idx]
Then Begin
LowestPLo=PLoPrice[Idx];
LowestPLoBar=PLoBar[Idx];
PLoFound=TRUE;
End;
End Else
Idx=1;
End;
End;

If PLoFound
Then Begin
Lo2HiDays=PHiBar[Phi]-LowestPLoBar;
If Lo2HiDays>=GannDays and PHiBar[PHi]>TempBuyBar
Then Begin
TempBuyPrice=PHiPrice[PHi];
TempBuyBar=PHiBar[PHi];
TempBuyOn=TRUE;
End;
End;
End;


If TempBuyON
Then Begin
If High<TempBuyPrice and CurrentBar-TempBuyBar<=SigExpir
Then
Plot1(TempBuyPrice+1*MinMove POINT,"Phi")
Else
TempBuyON=FALSE;
End;


If PLoBar[PLo]=CurrentBar-1 and PLoPrice[PLo]>MarketLow and PHi>1 and PLo>1
Then Begin
PBarCount=0;
For Idx=PLo-1 DownTo 1
Begin
If PLoPrice[PLo]>PLoPrice[Idx]
Then Begin
PrevPLoBar=PLoBar[Idx];
PBarCount=PLoBar[PLo]-PrevPLoBar;
Idx=1;
End;
End;

If PBarCount>GannDays
Then Begin
HighestPHi=PHiPrice[PHi];
HighestPHiBar=PHiBar[PHi];
For Idx=PHi-1 DownTo 1
Begin
If PHiBar[Idx]>PrevPLoBar
Then Begin
If HighestPHi<PHiPrice[Idx]
Then Begin
HighestPHi=PHiPrice[Idx];
HighestPHiBar=PHiBar[Idx];
PHiFound=TRUE;
End;
End Else
Idx=1;
End;
End;

If PHiFound
Then Begin
Hi2LoDays=PloBar[PLo]-HighestPHiBar;
If Hi2LoDays>GannDays and PLoBar[PLo]>TempSellBar
Then Begin
TempSellPrice=PLoPrice[PLo];
TempSellBar=PLoBar[PLo];
TempSellOn=TRUE;
End;
End;
End;

If TempSellON
Then Begin
If Low>TempSellPrice and CurrentBar-TempSellBar<=SigExpir
Then Plot2(TempSellPrice-1*MinMove POINT,"PLo")
Else TEMPSellON=FALSE;
End;
End;

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  #3 (permalink)
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Tip
Please post code snippets using the [code]put code in here[/code] code tags. If you are posting an entire indicator, please attach the file where possible instead of cutting and pasting.



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jimfini View Post
Get errors in multicharts not sure why

Post the errors or a screen shot of the errors.

Mike

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  #5 (permalink)
Atlanta, Georgia
 
Experience: Intermediate
Platform: NT
Broker: DDT
Trading: ZN, ZB
 
cbritton's Avatar
 
Posts: 224 since Mar 2010
Thanks: 152 given, 249 received

I copied this from the referenced link. It compiles in TS with a few fixes on the line breaks. Here's the code in code blocks:

 
Code
INPUT:  GannDays(4),SigExpir(50);
VAR:
MarketHigh(-99999),MarketLow(999999),PHi(0),PLo(0),Idx(0),PrevPHiBar(0),PBarCount(0),LowestPLo(0),LowestPLoBar(0),PLoFound(FALSE),Lo2HiDays(0),

TempBuyPrice(0),TempBuyBar(0),TempBuyON(FALSE),PrevPLoBar(0),HighestPHi(0),HighestPHiBar(0),PHiFound(FALSE),Hi2LoDays(0),
            TempSellPrice(0),TempSellBar(0),TempSellON(FALSE);

ARRAY: PHiBar[1500](0),PHiPrice[1500](0),PLoBar[1500](0),PLoPrice[1500](0);



PLoFound=FALSE;
PHiFound=FALSE;

If High>MarketHigh Then    {Capture Highest High of Market}
    MarketHigh=High
Else
    MarketHigh=MarketHigh[1];

If Low<MarketLow Then    {Capture Lowest Low of Market}
    MarketLow=Low
Else
    MarketLow=MarketLow[1];

If High<High[1] and High[1]>High[2]    {Identify Privot Highs}
Then Begin
    PHi=PHi+1;        {Pivot High Counter}
    PHiBar[Phi]=CurrentBar -1;    {Most Recent Pivot High Bar}
    PHiPrice[PHi]=High[1];           {Most Recent Pivot High Price}

If Low>Low[1] and Low[1]<Low[2]
Then Begin
    PLo=PLo+1;
    PLoBar[PLo]=CurrentBar-1;
    PLoPrice[PLo]=Low[1];
End;

If PHiBar[PHi]=CurrentBar -1 and PHiPrice[PHi]<MarketHigh and PHi>1 and
PLo>1
Then Begin
    For Idx=PHi-1 DownTo 1
Begin
    If PHiPrice[PHi]<PHiPrice[Idx]
Then Begin
    PrevPHiBar=PHiBar[Idx];
    Idx=1;
    End;
End;

PBarCount=PHiBar[PHi]-PrevPHiBar;

If PBarCount>GannDays
Then Begin
    LowestPlo=PLoPrice[PLo];
    LowestPLoBar=PLoBar[PLo];

For Idx=PLo-1 DownTo 1
Begin

If PLoBar[Idx]>PrevPHiBar
Then Begin
    If LowestPLo>PLoPrice[Idx]
Then Begin
    LowestPLo=PLoPrice[Idx];
    LowestPLoBar=PLoBar[Idx];
    PLoFound=TRUE;
    End;
End Else
    Idx=1;
    End;
End;

If PLoFound
Then Begin
Lo2HiDays=PHiBar[Phi]-LowestPLoBar;
If Lo2HiDays>=GannDays and PHiBar[PHi]>TempBuyBar
Then Begin
    TempBuyPrice=PHiPrice[PHi];
    TempBuyBar=PHiBar[PHi];
    TempBuyOn=TRUE;
    End;
End;
End;


If TempBuyON
Then Begin
    If High<TempBuyPrice and CurrentBar-TempBuyBar<=SigExpir
Then
    Plot1(TempBuyPrice+1*MinMove POINT,"Phi")
Else
    TempBuyON=FALSE;
End;


If PLoBar[PLo]=CurrentBar-1 and PLoPrice[PLo]>MarketLow and PHi>1 and PLo>1
Then Begin
    PBarCount=0;
For Idx=PLo-1 DownTo 1
Begin
    If PLoPrice[PLo]>PLoPrice[Idx]
    Then Begin
    PrevPLoBar=PLoBar[Idx];
    PBarCount=PLoBar[PLo]-PrevPLoBar;
    Idx=1;
    End;
End;

If PBarCount>GannDays
Then Begin
    HighestPHi=PHiPrice[PHi];
    HighestPHiBar=PHiBar[PHi];
    For Idx=PHi-1 DownTo 1
Begin
    If PHiBar[Idx]>PrevPLoBar
Then Begin
    If HighestPHi<PHiPrice[Idx]
Then Begin
    HighestPHi=PHiPrice[Idx];
    HighestPHiBar=PHiBar[Idx];
    PHiFound=TRUE;
    End;
End Else
    Idx=1;
    End;
End;

If PHiFound
Then Begin
    Hi2LoDays=PloBar[PLo]-HighestPHiBar;
    If Hi2LoDays>GannDays and PLoBar[PLo]>TempSellBar
Then Begin
    TempSellPrice=PLoPrice[PLo];
    TempSellBar=PLoBar[PLo];
    TempSellOn=TRUE;
    End;
    End;
End;

If TempSellON
Then Begin
    If Low>TempSellPrice and CurrentBar-TempSellBar<=SigExpir
    Then Plot2(TempSellPrice-1*MinMove POINT,"PLo")
    Else TEMPSellON=FALSE;
End;
End;
I put this on a daily chart of SPY (see attached). I'm not sure what I'm looking at tho. Maybe someone with experience using RH can chime in?

Regards,
-C

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
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ID:	26256  
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  #6 (permalink)
Sydney NSW
 
Experience: Intermediate
Platform: Multicharts
Trading: AUD/USD
 
Posts: 5 since Sep 2010
Thanks: 5 given, 1 received

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