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wow and thanks
wow u guys are great. i feel very lucky to have come into forex trading at this time and found a group of generous people who really understand the market and Delta in particular!!!!!!!
to langnao: ay yes... an interuption of the normal or expected rotation on either side of point one in any series...... i will be looking at back charts to practice actually identifying these inversion points. good plain english explanation!!! THANK YOU to cmellon: i my assumption was correct on your various chart resolutions...just needed to confirm before i spent time counting on the wrong chart! also it seems to everyone, and to me that the number is not as critical as determining the rotation! THANK YOU to Johngfx: just plain old thanks for takin time to respond and your charts are priceless to me right now and to 4xis2ez: you basically are the one who fot me interested in the whole Delta thing with your simple to follow and understand solutions!!!!!!! everyone else on this forum and in the 28day chat room have been so helpful. each day i am making better and better trades and gaining more confidence in my instricts and decisions....... U ALL ROCK!!!!! hopefully someday soon i will be posting charts anfd helping newcomers to this thing we have!!!!!!! Last edited by YOUNG GUNS; 11-02-2008 at 01:26 AM. |
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dynamic trader
still trying to determine if the DT software is worth the money. u guys all seem to be using it for your charts. i am on PROREALTIME right now and am manually inserting delta solutions and grid lines to come up with my own counts.
i am curious as to how helpful the DT software is. you all seem to have the version with matrix cycles...correct? |
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TEH GURU REVEALS HIS TEACHER!!!! WELL I GUESS THIS IS A THANK YOU ONCE REMOVED TO WAREAGLE!!!!!!!!!
Q: DO THE BRACETS AT THE TOP AND BOTTOM OF EVERYONES CHARTS REPRESENT SOME KIND OF AVERAGE TURNPOINT ARRIVAL TIME WINDOW? |
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Quote:
Once you have the points, it is pretty straight forward. If you are trading LTD or ITD, you don't have to do it often. ![]() Do you code? If you do, you can come out with a program like the one shown in the book. I come out with a simple one that keeps track of STD,ITD and LTD. Based on the data, I will plot it on my chart if needed.
Last edited by langnao; 11-02-2008 at 08:30 AM. |
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what os or platform/software are you all using? im new to this but given the right requirements i can code or at least map out a progam! Im fluent in assembly pascal c++ c# vb and java, shouldnt be too hard given requirements and interface details, jus wanna contibute, again still learning , new to erthing, im sure nuttin like programming missles!
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The lines mark the hour of day. You need the lines as a reference point to know what hour the turn points occur. If there were no lines on the chart, how would you know the relative time occurance of say turn point 8? With the lines you can easily determine the time that point 8 happens. On the gbpusd 1-mon chart the first turn point #1 low, occurs on about 4:30 GMT. The #2 high is about 5:30. Without the lines, you would have to count the 15 minute bars to get the time, and you dont want to do that. On the 28fast, the lines are every 3 hours on the historical data charts and I have that further broken down to hourly lines at the bottom where the turn point average solution is.
Last edited by 4xis2ez; 11-02-2008 at 08:16 AM. |
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Running on Windows using just C. Since there isn't a need to do GUI, just simple C is enough.
The tricky part is ITD where u need to know the lunar full moon date. You can obtain the full moon date for the next 2000 years from NASA website! I stored the data for next 70 years in array. By then I would be died...
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If your refering to the DT and Delta chart software, then you are correct. The brackets are the time window within which the turn points most likely occur. However, there is the occasional outlier turn point that comes outside the brackets.
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That is a quirk of Metetrader from where the charts come from. It seems if the open and close price of a bar are the same, the bar is green. Just ignore it.
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