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beta LineBreak bar type with Wicks for NT7
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Created: by zacharydw00 Attachments:12

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beta LineBreak bar type with Wicks for NT7

  #21 (permalink)
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Feed Back

Can I get some feed back on the new fix from post #13.
Thanks

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  #22 (permalink)
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zacharydw00 View Post
Can you explain what you mean by "it shows the discrepancies."? Is it working correctly or not?
Thanks.

I was referring to the discrepancies as described in the chart attached to post #16. Please compare the LineBreakWicked bar type on the chart to that of the ThreeLinesBreakOnPrice indicator (which is essentially three line break chart overlaid on normal 60 min bars). I believe the LineBreakWicked bartype is not working correctly.

Attached is the cs file for the ThreeLinesBreakonPrice indicator.


Last edited by Big Mike; May 19th, 2011 at 04:05 AM.
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  #23 (permalink)
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@zacharydw00, this is a screeshot of 3BLB comparation from SC to NT, I don't know if they are working in different way by design, but there are differences, here is the link of @aslan version for SC BetterLineBreak Custom Chart - Sierra Chart

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The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

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beta LineBreak bar type with Wicks for NT7-3blb-sc.png  
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  #25 (permalink)
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zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

I have marked up my earlier chart in blue to show 3 reversal bars that did not break the 3rd bar back. Thanks.

Attached Thumbnails
beta LineBreak bar type with Wicks for NT7-2011-05-07_2130.png  

Last edited by wccktrader; May 7th, 2011 at 10:39 PM. Reason: Typographical
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  #26 (permalink)
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zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

Thank you to show me out that, i didn't realize , I hope @aslan could check this.

Anyway here is the comparison with NT's LB, to me it seems ok,

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wccktrader View Post
I have marked up my earlier chart in blue to show 3 reversal bars that did not break the 3rd bar back. Thanks.

I do not have access to SPY data. So I am unable to do my own comparison.
Sorry

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  #28 (permalink)
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zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

I have just checked on real time data, and it's not wrong, it works this way by design, it uses the 3 bar open, instead close, to make the break. Just for clarification.

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  #29 (permalink)
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LukeGeniol View Post
I have just checked on real time data, and it's not wrong, it works this way by design, it uses the 3 bar open, instead close, to make the break. Just for clarification.

FYI - That is not the authors intent. See Beyond Candlestick - Steve Nison, pg 173.

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  #30 (permalink)
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Latest version available


Latest version available in the Elite section:
https://futures.io/free_downloads/vip_elite_circle/908-download.html

As a reminder, Ninja requires a restart after importing a bartype.

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Last edited by zacharydw00; May 19th, 2011 at 05:33 PM.
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