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i looked into the code of the last posted version of the signal-indicator
and extracted the conditons + actions for setup1 out of it.
the orange lines are comments to explain what is done there,
the blue things are the code itself.
maybe this helps for non-coders to have a look at it
+ to compare the conditions to what they see on the charts
also for the understanding of the rules how the indicator is making its decissions.
maybe this way its easier to find out if we all have the same interpretation of the main original Perry-rules
compared to the coded condition in the indicator.
and to see if the code is done like the rules want it to be.
and to see if the code really DOES what he is suposed to do
cause something is not in sync yet it seems.
this is only for longs for setup1 now - if wished i can do the same for shorts and/or setup2.
but for now i think its easier to follow this if we do it step by step or separatly.
Mike, just wanted to say, very nice work on this. I have really enjoyed perry's method and to have it so visual is certainly an added help. Thanks for your hard work.
Jeff
DMPlusSignals_v4 addresses the rounding issue talked about several time which apparently is causing confusion. I added a parameter that allows you to either enable or disable the rounding. The parameter is called RoundFastMA. The default is true which means the indicator performs as it has in the past. Set this to false and the rounding is disabled. Hopefully that will reduce the confusion about what is or isn't a signal.
DMPlusSignals_v4 addresses the rounding issue talked about several time which apparently is causing confusion. I added a parameter that allows you to either enable or disable the rounding. The parameter is called RoundFastMA. The default is true which …
Thank you for the newest improved indicator to help nexusfi.com (formerly BMT) members to study Perry method efficiently. My observation shows Doji got no signal even rules were met.
Chart A: Explanation of Doji by Perry. this is the link---
Bar 5 is the Setup bar, and 1 tick above bar 1 is the Entry bar. Gravestone doji is a doji meaning uncertainty which way the market will go. Once it went above the doji that is the direction. The entry on bar 1 is also above the doji so you have …
post #630
Chart B: Today's ES, 4 Range, RoundFastMA was set to "false". No Setup bar signals for Doji.
hey fusion,
before i post more conding-things or before you post more of your "observations" i would like you to check + report if the things that you realized in the version 3 are behaving better now in Version 4 -
we need a feedback if the changes solve the points you found!
so please compare those situations you described in this post
please have a look at your settings of the force_index and let us know :
- has your force_Index that we see in the chart the same setting / parameter then the force in the Signal-indicator ?
- how are the original Perry-settings for the force_index ? - you have to use these in both then - in the ploting force & in the signal-force !
these things must be clear defined + synced before you seriously check + compare signals or work on a code to find issues + all that stuff. if you compare signals with diff indicator-settings you will have messed up results.
allthough it maybe makes no huge different at the end, that makes no sense.
and it seems that these things are not the OK in your charts.
the "sMALong[0]" etc are just replacements for the original calculations of these indicators in this case -
you find them a in the upper section of the indicators code.
iE : sMALong.Set ( EMA ( iMAPeriodLong ) [0]);
so you only have to calculate them once at the beginning and you can call this value as sMALong
later in the code again + again without having to calculate it again.