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After putting the ForceIndex onto the forum, it has developed into so many variations and questions, with the introduction of the boomerang, all of which is very similar to the way I trade, I though it best to put a full scale model up for discussion.
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I know there were discussions before and explenations that perry's method cant be coded or should not be - i believe that having his rules (dmplus_8) coded shows that it can but would probably need to be added to worked on more carfully and maybe combined with other money managment rules to make profitable < also it would take time to sim test it evetyday to see taht it performs as expected , if there is interst then i would be involved
I've updated DMPlusSignals to meet my needs (yes, again...).
I noticed that with some bar types like range for example, you couldn't see some of the dots because they were hidden behind the bar, ie, the bar width was larger than the dot and hiding it...this was annoying to figure out because I looked everywhere in the code for the problem and it was only when I squeezed the chart and the bars got thinner that I finally understood what was going on...lost a couple of hours here...
. Now I changed the code to plot a dot above or below the current bar and not on the EMA so this doesn't happen again.
. Added a different dot color for when you have all the conditions including the ADX. So now you have a dot color with and without ADX conditions met but only for setup1.
. Eliminated (commented on the code) the entry lines so you will not see those plotted.
Conditions WITHOUT ADX:
// long EMA going up
// mid EMA going up
// short EMA going up at least two bars
// The Setup bar LOW must be LESS than or touching the EMA(5) and the Setup bar HIGH must be greater than the EMA(20).
// Force is green
Conditions WITH ADX:
// All the previous ones +
// ADX Rising
// Rising DMI
// DMI Green
Hi Perry
Will the webinar be recorded? We in Australia are a slight disadvantage in that 3pm EST is very early in the morning here in Queensland. I would love to be able to view it at a later more civilized time! I am sure I speak for many who have followed your work for a long time, I appreciate your generous contribution to futures.io (formerly BMT).
Karl