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PriceActionSwing discussion
Started:November 23rd, 2009 (11:23 AM) by dorschden Views / Replies:392,466 / 1,346
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PriceActionSwing discussion

Old June 16th, 2014, 01:50 PM   #981 (permalink)
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I should add that I am not trading the same type of divergence as you. I am more interested in volume vs price relationship over the entirety of a swing level (3%), combined with volume profile.

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Old June 16th, 2014, 02:00 PM   #982 (permalink)
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Thank you...

I appreciate that @Big Mike .

I have the attention span of a young squirrel so if I don't feel like I am trading or about to trade I get distracted...today it was episode 1 season 1 of Game of Thrones. Saw last night on HBO...now I'm addicted.

I have been working on expanding time frame as I do tend to over trade when things are slow which endears me only to the broker. I am very good at selectivity most of the time. This is residual from a time when we'd kill each other to be first, on every trade, and for as much size as we could get. Those days are LONG GONE, but very difficult for me to adjust to.

Just though if this could give me a visual aid on divergence (price/KVO) that I'd try to add the tool.

Dan

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Old June 16th, 2014, 02:20 PM   #983 (permalink)
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@wldman:

% swing size settings helps to print the pivots (HH,HL,LL & LH) and nothing to do with divergence plotting.

Momentum indicators viz., MACD, CCI, anaKVO does the work of plotting divergence lines.

As @Silvester17 expalined in his previous posting , in my opinion, swing size based on Ticks ( say, 13 or 20) gives a reasonable pivots and divergence indications.

Also, I guess , once a divergecne line is printed, the code starts looking for subequent peaks in price action and momentum osillator to print the next divergence line and hence we shouln't look for divergences based on peaks prior to last divergence line.

Appreciate @Silvester17 view on my above understanding.

Request @ silvester17 's help to include CCI and anaKVO indicators in the new version of PASPro just posted by @dorschden

Regards,

Raj1




wldman View Post
@Raj1

You mean @Silvester17 , right?

Yes, I affirm the quandary. Is it better to have anaKVO in there or a % swing? Since I do not know how the % swing will be different, I'm staying with the Silvester17 version that has the anaKVO included.

I know you are swamped @Big Mike , but if you could share on % for the swing divergence setting I would be glad to hear it.

On this chart I have two PAS pro iterations and I still feel like I am missing things...so I will have to figure that out or stay as a manual dee ver gance spotter. ANY educated relevant input appreciated.

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Old June 16th, 2014, 02:25 PM   #984 (permalink)
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Hey man...

Raj, when I change the number of ticks that changes the plots for the divergence piece.

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Old June 16th, 2014, 02:34 PM   #985 (permalink)
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This shows...

Futures Edge on FIO
red/green is a 13 tick setting.

grey/pink is a 5 tick setting.

I guess as a pig, I want to see all the good ones!

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Old June 16th, 2014, 02:56 PM   #986 (permalink)
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@wldman:

Have you loaded PASPro indicator twice in this chart?

What momentum indicator setting did you use to get these divergence plots?




wldman View Post
red/green is a 13 tick setting.

grey/pink is a 5 tick setting.

I guess as a pig, I want to see all the good ones!

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Old June 16th, 2014, 03:12 PM   #987 (permalink)
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Yes...

Two iterations of PASPro, one swing size 5, one 13.

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compare that with a single iteration set to swing size 7.

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Essentially the 13 setting in confluence with my "regular" veiw, picked the low and the high today...lol
The point for me is that I want to see all the divergence opportunities and I want to decide which ones are "good". There seems to be no perfect setting for that....so two iterations with different coloring, for now, and that still doesn't "win"....so a work in progress for sure.

Dan

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Old June 16th, 2014, 04:20 PM   #988 (permalink)
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@wldman:

Which version of PASPro are you using?

Is it the new version just downloaded by @Dorschdan?




wldman View Post
Two iterations of PASPro, one swing size 5, one 13.

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compare that with a single iteration set to swing size 7.

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Essentially the 13 setting in confluence with my "regular" veiw, picked the low and the high today...lol
The point for me is that I want to see all the divergence opportunities and I want to decide which ones are "good". There seems to be no perfect setting for that....so two iterations with different coloring, for now, and that still doesn't "win"....so a work in progress for sure.

Dan


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Old June 16th, 2014, 04:30 PM   #989 (permalink)
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Raj1 View Post
@wldman:

% swing size settings helps to print the pivots (HH,HL,LL & LH) and nothing to do with divergence plotting.

Momentum indicators viz., MACD, CCI, anaKVO does the work of plotting divergence lines.

As @Silvester17 expalined in his previous posting , in my opinion, swing size based on Ticks ( say, 13 or 20) gives a reasonable pivots and divergence indications.

Also, I guess , once a divergecne line is printed, the code starts looking for subequent peaks in price action and momentum osillator to print the next divergence line and hence we shouln't look for divergences based on peaks prior to last divergence line.

Appreciate @Silvester17 view on my above understanding.

Request @ silvester17 's help to include CCI and anaKVO indicators in the new version of PASPro just posted by @dorschden

Regards,

Raj1

@Raj1,

yes, I see it the same way. the pas pro will compare swing highs (lower or higher) and if the divergence indicator shows a divergence, the line gets printed. the same for swing lows:

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about adding indicators to the pas pro. I believe I created a huge mess with all the indicators I posted. really confusing.

I was hoping we could make a list with system indicators we want for divergences. and then add all of them in one modified pas pro and base. and the same for custom indicators. I would not mix them or even add a custom indicator to the original. there's always a chance the custom indicator gets changed/modified, meaning someone would have to keep track on any new version. don't think that would be in @dorschden best interest.

maybe @dorschden could tell us how he prefers this matter.

you could also keep your current version and just make a small change for the percent swing < 1. here's what you have to change:

"Math.Max(1, value);" to "Math.Max(Double.MinValue, value);"

 
Code
/// <summary>
        /// Represents the swing size. e.g. 1 = small swings and 5 = bigger swings.
        /// </summary>
        [GridCategory("Parameters")]
        [Description("Represents the swing size. e.g. 1 = small swings and 5 = bigger swings.")]
        [Gui.Design.DisplayName("02. Swing size")]
        public double SwingSize
        {
            get { return swingSize; }
            set { swingSize = Math.Max(Double.MinValue, value); }
        }
the highlighted red is all you have to change.

the location is region properties > region parameters > 02. swing size

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if that doesn't work, let me know and we'll find another way

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Old June 16th, 2014, 05:14 PM   #990 (permalink)
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@Silvester17:

Eventhough, there is a mismatch of line numbers between your example code and mine, I did revise the code exactly as you advised.

It worked.

Thanks a lot.

Raj1


Silvester17 View Post
@Raj1,

yes, I see it the same way. the pas pro will compare swing highs (lower or higher) and if the divergence indicator shows a divergence, the line gets printed. the same for swing lows:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


about adding indicators to the pas pro. I believe I created a huge mess with all the indicators I posted. really confusing.

I was hoping we could make a list with system indicators we want for divergences. and then add all of them in one modified pas pro and base. and the same for custom indicators. I would not mix them or even add a custom indicator to the original. there's always a chance the custom indicator gets changed/modified, meaning someone would have to keep track on any new version. don't think that would be in @dorschden best interest.

maybe @dorschden could tell us how he prefers this matter.

you could also keep your current version and just make a small change for the percent swing < 1. here's what you have to change:

"Math.Max(1, value);" to "Math.Max(Double.MinValue, value);"

 
Code
/// <summary>
        /// Represents the swing size. e.g. 1 = small swings and 5 = bigger swings.
        /// </summary>
        [GridCategory("Parameters")]
        [Description("Represents the swing size. e.g. 1 = small swings and 5 = bigger swings.")]
        [Gui.Design.DisplayName("02. Swing size")]
        public double SwingSize
        {
            get { return swingSize; }
            set { swingSize = Math.Max(Double.MinValue, value); }
        }
the highlighted red is all you have to change.

the location is region properties > region parameters > 02. swing size

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if that doesn't work, let me know and we'll find another way


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