Best Thread Live Cable Trading

TraderAli · Apr 25, 2006

smbtnt said:
Would anyone be able to illustrate darvas trades between 7-11am (bst) on cable today, also please confirm after 11am there have been 2 profitable darvas signals.

thanks

Yes there have been profitable trades after 11am, the previous 2 trades I took were on Euro but the most recent one I considered Cable. The chart has been attached on my previous post which you may find useful.

VSATrader · Apr 25, 2006

Darvas code

If you have MetaStock and want the code for davas box, then here it is:

LowL:=If(LOW=LLV(LOW,5),LOW,If(Ref(LOW,-1)=LLV(LOW,5),Ref(LOW,-1), If(Ref(LOW,-2)=LLV(LOW,5),Ref(LOW,-2),If(Ref(LOW,-3)=LLV(LOW,5),Ref(LOW,-3), If(Ref(LOW,-4)=LLV(LOW,5),Ref(LOW,-4),0)))));
NewH:=ValueWhen(1,HIGH>Ref(HHV(HIGH,5),-1),HIGH);
box1:=HHV(HIGH,3)<HHV(HIGH,4);
box2:=ValueWhen(1,BarsSince(HIGH>Ref(HHV(HIGH,5),-1))=3 AND box1=true,NewH);
box3:=ValueWhen(1,BarsSince(HIGH>Ref(HHV(HIGH,5),-1))=3 AND box1=true,LowL);
TopBox:=box2;
BottomBox:=box3;
TopBox;
BottomBox;

I have attached a chart to show you what it will look like when you put it into MS.

Regards VSATrader

JDann · Apr 25, 2006

Darvas Long

VSATrader said:
If you have MetaStock and want the code for davas box, then here it is:

LowL:=If(LOW=LLV(LOW,5),LOW,If(Ref(LOW,-1)=LLV(LOW,5),Ref(LOW,-1), If(Ref(LOW,-2)=LLV(LOW,5),Ref(LOW,-2),If(Ref(LOW,-3)=LLV(LOW,5),Ref(LOW,-3), If(Ref(LOW,-4)=LLV(LOW,5),Ref(LOW,-4),0)))));
NewH:=ValueWhen(1,HIGH>Ref(HHV(HIGH,5),-1),HIGH);
box1:=HHV(HIGH,3)<HHV(HIGH,4);
box2:=ValueWhen(1,BarsSince(HIGH>Ref(HHV(HIGH,5),-1))=3 AND box1=true,NewH);
box3:=ValueWhen(1,BarsSince(HIGH>Ref(HHV(HIGH,5),-1))=3 AND box1=true,LowL);
TopBox:=box2;
BottomBox:=box3;
TopBox;
BottomBox;

I have attached a chart to show you what it will look like when you put it into MS.

Regards VSATrader

I use Darvas Long in MetaStock

LL:=If(L=LLV(L,5),L,If(Ref(L,-1)=LLV(L,5),Ref(L,-1),If(Ref(L,-2)=LLV(L,5),Ref(L,-2),If(Ref(L,-3)=LLV(L,5),Ref(L,-3),If(Ref(L,-4)=LLV(L,5),Ref(L,-4),0)))));

NH:=ValueWhen(1,H>Ref(HHV(H,5),-1),H);

Set1:=HHV(H,3)<HHV(H,4);

Val1:=ValueWhen(1,BarsSince(H>Ref(HHV(H,5),-1))=3 AND Set1=true,NH);

Val2:=ValueWhen(1,BarsSince(H>Ref(HHV(H,5),-1))=3 AND Set1=true,LL);

TB:=Val1;
BB:=Val2;
TB;BB;

Enjoy...

Heitschi · Apr 25, 2006

@VSA

Do you know where i can download the Darvas Indiator ?

a_gnome · Apr 25, 2006

TraderAli said:
I have heard that you can trade the Euro with Oanda having just 1.5 pips, any one using Oanda here ?

I can confirm that with Oanda the spreads are 1.5 pips for EUR/USD and 3 pips for GBP/USD though they tend to widen at times of high vol.

HTH

JDann · Apr 25, 2006

Heitschi said:
@VSA

Do you know where i can download the Darvas Indiator ?

Not sure what your asking.......those are indicators pasted above in last post

Are you talking about Buy/Sell markers for Darvas ??

Baruch · Apr 25, 2006

TraderAli said:
Traded the EUR/USD , 2 trades giving 6 pips each - 12 pips in the bag. I am not in good profit so far because of making a trade in error yesterday in which I lost 11 pips.

I think today it was more easy to trade Darvas in Eddie than Cable - I don't know if it always so?

PS. Hope you all got the news move... :cheesy:

Baruch · Apr 25, 2006

TraderAli said:
Yes there have been profitable trades after 11am, the previous 2 trades I took were on Euro but the most recent one I considered Cable. The chart has been attached on my previous post which you may find useful.

TraderAli,

Thanks for the charts, but I can't found the time on them...

Heitschi · Apr 25, 2006

@VSA

I don't know how to create an Indicator in "Meta trader".

Can you please post the finished Indicator, or do you know where i can download it?

Thx,
Heitschi

ChowClown · Apr 25, 2006

TraderAli said:
I have heard that you can trade the Euro with Oanda having just 1.5 pips, any one using Oanda here ?

I've been demo trading with Oanda for a while and i'm impressed so far, although the spread does widen around key reports. I like the way you can enter orders direct from the chart and drag and drop amendments to the orders etc.

VSATrader · Apr 25, 2006

MetaStock code

Heitschi said:
@VSA

Do you know where i can download the Darvas Indiator ?

If you have MetaStock, then just copy and paste from the script, I have attached a chart to show you where you paste into MS.

Regards VSATrader

JDann · Apr 25, 2006

Mt

Heitschi said:
@VSA

I don't know how to create an Indicator in "Meta trader".

Can you please post the finished Indicator, or do you know where i can download it?

Thx,
Heitschi

I don't have MT but I found some info for you

This link will tell you how to install indicators
http://www.metatrader.info/node/34

Darvas code for MT

#property copyright "Copyright © 2004, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 Red

double ind_buffer1[];
double ind_buffer2[];

bool allow_buy;
bool allow_sell;
double price;

//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexDrawBegin(0,0);
SetIndexBuffer(0, ind_buffer1);

SetIndexStyle(1,DRAW_LINE);
SetIndexDrawBegin(1,2);
SetIndexBuffer(1, ind_buffer2);

allow_buy = true;
allow_sell = false;

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
//---- TODO: add your code here

double box_top = 0;
double box_bottom = 0;
int state = 1;

for (int i = Bars - 1; i > 0; i--)
{
if (state == 1)
{
box_top = High;
}
else if (state == 2)
{
if (box_top > High)
{
}
else
{
box_top = High;
}
}
else if (state == 3)
{
if (box_top > High)
{
box_bottom = Low;
}
else
{
box_top = High;
}
}
else if (state == 4)
{
if (box_top > High)
{
if (box_bottom < Low)
{
}
else
{
box_bottom = Low;
}
}
else
{
box_top = High;
}
}
else if (state == 5)
{
if (box_top > High)
{
if (box_bottom < Low)
{
}
else
{
box_bottom = Low;
}
}
else
{
box_top = High;
}
state = 0;
}

ind_buffer1 = box_top;

ind_buffer2 = box_bottom;

state++;
}

ind_buffer1[0] = EMPTY_VALUE;
ind_buffer2[0] = EMPTY_VALUE;

//----
return(0);
}
//+------------------------------------------------------------------+

Heitschi · Apr 25, 2006

Hi!

My Metatrader is from Alpari, look at the Screenshot, there is no Editor.

I have an Metaeditor, when i paste your text and compile it, there are many errors :-(

Can anybody help me?

Ciao,
Heitschi

Heitschi · Apr 25, 2006

The code from Jdan is working.

thanks a lot to all!

@VSA
Can you post the hole code?
I think that was not all, but i am nut sure.

Ciao,
Heitschi

VSATrader · Apr 25, 2006

Baruch said:
It's more easy to see (and trade) the Darvas boxes, if you use candlesticks.

But I am sir, I am

VSATrader · Apr 25, 2006

Heitschi said:
The code from Jdan is working.

thanks a lot to all!

@VSA
Can you post the hole code?
I think that was not all, but i am nut sure.

Ciao,
Heitschi

I posted all the code for MS, but I think the code for Darvas Long is better, the post is below code posting.

Regards VSATrader

TraderAli · Apr 26, 2006

ChowClown said:
I've been demo trading with Oanda for a while and i'm impressed so far, although the spread does widen around key reports. I like the way you can enter orders direct from the chart and drag and drop amendments to the orders etc.

I am interested to know how wide have you seen the spread go at key areas ?
Anyone using Oanda for realtime trading, how would you rate it ?

TraderAli · Apr 26, 2006

Baruch said:
It's more easy to see (and trade) the Darvas boxes, if you use candlesticks.

Yeah, I would advise doing it manually rather then getting the software to do it for you.

TraderAli · Apr 26, 2006

Baruch said:
TraderAli,

Thanks for the charts, but I can't found the time on them...

Hi Baruch,

The chart posted was for the 3rd trade I saw on Cable with what was happening on Euro.
If you maximize the Chart you can see the time at the bottom (US Time Zone.)

< think today it was more easy to trade Darvas in Eddie than Cable - I don't know if it always so? >

Not sure but I will be keeping an eye on it if you were talking about Euro ?

Baruch · Apr 26, 2006

TraderAli said:
Hi Baruch,

The chart posted was for the 3rd trade I saw on Cable with what was happening on Euro.
If you maximize the Chart you can see the time at the bottom (US Time Zone.)

< think today it was more easy to trade Darvas in Eddie than Cable - I don't know if it always so? >

Not sure but I will be keeping an eye on it if you were talking about Euro ?

Hi Ali,

Thank you.

Yes, Eddie is EUR.

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