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PriceActionSwing discussion


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PriceActionSwing discussion

  #971 (permalink)
 
wldman's Avatar
 wldman 
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The other day I had to lower the setting to 5 to spot one that I liked using the PAS Pro. So, I guess I just need to figure out how to use the tool.

Will you share how you use this diverse and beautiful thing?

I'm simply spotting volume divergences and that just scratches the surface.

Dan

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  #972 (permalink)
 
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 Silvester17 
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wldman View Post
The other day I had to lower the setting to 5 to spot one that I liked using the PAS Pro. So, I guess I just need to figure out how to use the tool.

Will you share how you use this diverse and beautiful thing?

I'm simply spotting volume divergences and that just scratches the surface.

Dan

sorry I can't.

I'm not using it, even though it's one of the very best indicators available. and the competition is huge with the @gomi, @Fat Tails ....

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  #973 (permalink)
 
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 Big Mike 
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@wldman, I believe the indicator supports percentage instead of a number of bars (swing strength). To me, this makes much more sense so I would encourage that setting.

Mike



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  #974 (permalink)
 
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 wldman 
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something wrong or not understanding @Big Mike as when I try percent in swing type I do not get any divergence readings. Does anyone else look at percent. I do not see language describing this in the thread. Dan


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  #975 (permalink)
 
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 Big Mike 
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Try a lower value like 1 or for scalper on tiny chart maybe even 0.5, not sure as not at my chart but I think in Sierra I use 3%.

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  #976 (permalink)
 
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 Silvester17 
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wldman View Post
something wrong or not understanding @Big Mike as when I try percent in swing type I do not get any divergence readings. Does anyone else look at percent. I do not see language describing this in the thread. Dan

you're using a 5 percent swing size. so looking at your chart, the high is around 1.3580, meaning the next possible swing low is around 1.29. the low on your chart is around 1.3525, meaning the next possible swing high is around 1.42.

not surprised you don't see any divergences. in fact you don't even see any new swing highs or lows

maybe we should ask @dorschden if there're any updates, to add the possibility to enter a percentage of less than 1.

in the mean time, you could also use ticks (how many ticks between a swing high and a swing low). that's the better solution than percent. at least for now.

edit: I added the option to enter less than 1 in my version. this is an example of 0.25% swing size in es:



and here's an example with 20 ticks. should be about the same like 0.25% (for es):


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  #977 (permalink)
 
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 Big Mike 
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dorschden - Sun, 15 Jun 2014 07:35:15 -0400
Hi Mike,

could you please upload the attached new PriceActionSwing version and add the following to the description:


Version 18 - 15.06.2014
- Fixed minimum swing size to < 1 for percentage settings


Thanks!

Dorschden

Done, notifications sent.

Mike



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  #978 (permalink)
 
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 Raj1 
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@dorschden:

Is it possible to add CCI and anaKVO indicators in the drop down list for Divergence lines plotting?
I know @silverster17 had did this revision in your previous version by modifying PASPro & PASBase codes.

@silverster17:

Can you assist in adding these indicators in this new version please.

Thanks to both of you to respond positively and for upgrading the code from time to time.

Regards,

Raj1



Big Mike View Post
Done, notifications sent.

Mike


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  #979 (permalink)
 
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 wldman 
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@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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  #980 (permalink)
 
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 Big Mike 
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@wldman, I use 3% but I trade a much bigger time frame than you. My smallest chart shows the past 6 trading days.

Mike



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