In 2005, the software package "Ensign Windows" introduced technology "PriceFinder.", Is perhaps the most significant innovation over the last year, which can be used with any technical tool. The graph below, for example, it is used to indicate the price at which the indicator would be "commodity channel index" (CCI) moved higher values of 133 or below -133.
The upper green line is the price that causes the CCI to move above 133. Shortly after 14:00 on the price schedule, the price crosses the upper green line up, and the CCI indicator is in the bottom window is moved above the value 133.
And each time, when the price is traded below the lower red line, the indicator CCI is below -133 values. Green and red lines create a visual channel, which allows the trader to see at what price CCI crosses any given significant level.
Lines Полос CCI 133 jobs created by the following: For "PriceFinder." must set the appropriate parameters, so the program knows which set of conditions
must be executed. Line A defines the condition that the CCI indicator was above the level of 133. This condition is either true or false and is set in the global variable [1]. Line B directly activates algorithm "PriceFinder" (pricing), which builds green price at which the condition of line A will change. When the CCI is below 133, it will set a higher price, which will make the move above the level of CCI 133. When the CCI is above 133, the "PriceFinder" find a price which will make the CCI indicator to move below 133. Lines C and D are used to construct the red line displays the value of the price at which the CCI indicator to move below the level of -133. Line C sets the test conditions to be fulfilled. Line D to find a price that will lead to fulfillment of conditions from S.
Labels [B] and [D] on the line B and line D shows the price as determined by a "PriceFinder", which is shown in the chart at the end of lines. CCI indicator is currently located above the level of -133, so that the value of the red line is equal to 1205.25 - this is the price that must show the market-based instruments at the 3-minute bar to make the CCI indicator to cross the level of - 133 from top to bottom. So far, the market traded above 1205.25, the value of the indicator CCI will remain above the level of -133. This information can be very useful in the case of CCI indicator is used to make trading decisions.
While the example used the values 133 and -133 as the target levels, it is obvious that can be used by all levels of CCI as a defining and "PriceFinder" build relevant channel strips. This instrument is totally flexible in the application. Can be defined even for complex multi-consensus search terms for which "PriceFinder" will find the answer.
Strips RSI
This example is similar to the example Полос CCI 133, but illustrates the construction of Полос Relative Strength Index (RSI), to indicate when the RSI is above 70 or below 30. Though the graph can also be placed directly Indicator RSI, it is not in the example. I want the reader to obtain a new understanding of the RSI, looking only at the bands RSI.
The following are used for the above example parameters:
Line A defines the control condition, meaning that the RSI indicator is above the level of 70.
Line B shows the green price at which the RSI indicator to fulfill the conditions defined by line A, ie reaches values of 70.
Line C sets the test condition that the value of the indicator RSI was below 30.
Line D shows the color value of the price at which the condition is defined by line C, ie RSI value reaches 30.
Line of E allows to build a middle line between the red and green line. Therefore, this line indicates whether the RSI is above or below zero.
The bands Bollindzhera
This approach is somewhat different from traditional Полос Bollindzhera. Strips Bollindzhera directly below the graph held in green. Program "PriceFinder" builds a blue line to show the importance of the price at which the maximum price bar crosses the upper band Bollindzhera and the importance of the price at which the minimum price bar crosses the lower band Bollindzhera.
Initially, it may be thought that green and blue lines must match. But this is not quite true. As the price moves to the line of bands Bollindzher line Bollindzher bands will move away from the price of a rise in volatility. For example, the price is now at a point 1206.75. If the price would go down to touch the bottom green line Bollindzher bands, the green line would have moved even lower. The price will reach the bottom line of bands Bollindzher in a significant price equal to 1205.25. This illustrates the effectiveness of the tool "PriceFinder" in the performance of complex calculations to find the necessary solutions.
Line A defines the control condition for the line B, for which you want to find the price. Note that line B to find a price that makes a given condition is true. This differs slightly from the previous examples, where "PriceFinder" find a price, which led to a change in the status of the verification conditions (true - false).
In this case, there is value pricing, which leads only to a change in the status of true. The point is that once the maximum is located above the upper bands Bollindzher, there is no other prices that will change this state. Lower prices do not change the maximum. Therefore, it is logical to use "PriceFinder" only when the maximum is below the top bands Bollindzher to find a higher price at which the maximum reach the top bands Bollindzher. Please note that when the maximum is already above the upper bands Bollindzher, "PriceFinder" does not hold the line. This is because there is a break in the line "PriceFinder". The blue lines are violated, when verifiable conditions are already true.
Strips of variability
Strips of variability (PI) calculated levels of support and resistance for tomorrow's price activity. They work perfectly as a daily support and resistance areas and are often the domain of a turn.
The formula for band variability using historical volatility of a single day by multiplying the historical volatility on the square root of 1 / 365, which gives the value 0.05234.
Delta PI = Historical Variability * Square root (1 / 365) * closing price of the day * Factor size Upper Band (Resistance) = closing price of Delta + PI Lower Band (Support) = closing price - Delta PI
Strips of variability used for market surveillance, taking into account size: 1.0, 1.28, 1.5 and 2.0. This tool can be used in the software package "Ensign Windows" using their own parameters.
Line A calculates the 30-bar historical fluidity and keeps the value of global variable [1]. A typical value of - 17.50. Line B corrects decimal Historical variability, by dividing it by 100, and again stores the value in [1]. [1] = 0.01 * Historical Variability of Line C multiplies the historical fluidity of the value of 0.05234, which is the square root of 1 / 365. The result is stored in [2].
Line D calculates the delta PI = Closing * * 0.05234 historical fluidity. This value is stored in the Delta PI [3].
Line E multiplies Delta PI for one of the factors of size, which in this example is 1.50. The result is stored in [4].
The line F & G is building a pair of Полос variability for Delta PI in [4], adding this value and subtracting it from closure.
The line H, I and J is building another pair Полос variability of size equal to Factor 2.
Values Полос variability, which are now being used as support and resistance levels for the next day.
The upper green line is the price that causes the CCI to move above 133. Shortly after 14:00 on the price schedule, the price crosses the upper green line up, and the CCI indicator is in the bottom window is moved above the value 133.
And each time, when the price is traded below the lower red line, the indicator CCI is below -133 values. Green and red lines create a visual channel, which allows the trader to see at what price CCI crosses any given significant level.
Lines Полос CCI 133 jobs created by the following: For "PriceFinder." must set the appropriate parameters, so the program knows which set of conditions
must be executed. Line A defines the condition that the CCI indicator was above the level of 133. This condition is either true or false and is set in the global variable [1]. Line B directly activates algorithm "PriceFinder" (pricing), which builds green price at which the condition of line A will change. When the CCI is below 133, it will set a higher price, which will make the move above the level of CCI 133. When the CCI is above 133, the "PriceFinder" find a price which will make the CCI indicator to move below 133. Lines C and D are used to construct the red line displays the value of the price at which the CCI indicator to move below the level of -133. Line C sets the test conditions to be fulfilled. Line D to find a price that will lead to fulfillment of conditions from S.
Labels [B] and [D] on the line B and line D shows the price as determined by a "PriceFinder", which is shown in the chart at the end of lines. CCI indicator is currently located above the level of -133, so that the value of the red line is equal to 1205.25 - this is the price that must show the market-based instruments at the 3-minute bar to make the CCI indicator to cross the level of - 133 from top to bottom. So far, the market traded above 1205.25, the value of the indicator CCI will remain above the level of -133. This information can be very useful in the case of CCI indicator is used to make trading decisions.
While the example used the values 133 and -133 as the target levels, it is obvious that can be used by all levels of CCI as a defining and "PriceFinder" build relevant channel strips. This instrument is totally flexible in the application. Can be defined even for complex multi-consensus search terms for which "PriceFinder" will find the answer.
Strips RSI
This example is similar to the example Полос CCI 133, but illustrates the construction of Полос Relative Strength Index (RSI), to indicate when the RSI is above 70 or below 30. Though the graph can also be placed directly Indicator RSI, it is not in the example. I want the reader to obtain a new understanding of the RSI, looking only at the bands RSI.
The following are used for the above example parameters:
Line A defines the control condition, meaning that the RSI indicator is above the level of 70.Line B shows the green price at which the RSI indicator to fulfill the conditions defined by line A, ie reaches values of 70.
Line C sets the test condition that the value of the indicator RSI was below 30.
Line D shows the color value of the price at which the condition is defined by line C, ie RSI value reaches 30.
Line of E allows to build a middle line between the red and green line. Therefore, this line indicates whether the RSI is above or below zero.
The bands Bollindzhera
This approach is somewhat different from traditional Полос Bollindzhera. Strips Bollindzhera directly below the graph held in green. Program "PriceFinder" builds a blue line to show the importance of the price at which the maximum price bar crosses the upper band Bollindzhera and the importance of the price at which the minimum price bar crosses the lower band Bollindzhera.
Initially, it may be thought that green and blue lines must match. But this is not quite true. As the price moves to the line of bands Bollindzher line Bollindzher bands will move away from the price of a rise in volatility. For example, the price is now at a point 1206.75. If the price would go down to touch the bottom green line Bollindzher bands, the green line would have moved even lower. The price will reach the bottom line of bands Bollindzher in a significant price equal to 1205.25. This illustrates the effectiveness of the tool "PriceFinder" in the performance of complex calculations to find the necessary solutions.
Line A defines the control condition for the line B, for which you want to find the price. Note that line B to find a price that makes a given condition is true. This differs slightly from the previous examples, where "PriceFinder" find a price, which led to a change in the status of the verification conditions (true - false).In this case, there is value pricing, which leads only to a change in the status of true. The point is that once the maximum is located above the upper bands Bollindzher, there is no other prices that will change this state. Lower prices do not change the maximum. Therefore, it is logical to use "PriceFinder" only when the maximum is below the top bands Bollindzher to find a higher price at which the maximum reach the top bands Bollindzher. Please note that when the maximum is already above the upper bands Bollindzher, "PriceFinder" does not hold the line. This is because there is a break in the line "PriceFinder". The blue lines are violated, when verifiable conditions are already true.
Strips of variability
Strips of variability (PI) calculated levels of support and resistance for tomorrow's price activity. They work perfectly as a daily support and resistance areas and are often the domain of a turn.
The formula for band variability using historical volatility of a single day by multiplying the historical volatility on the square root of 1 / 365, which gives the value 0.05234.
Delta PI = Historical Variability * Square root (1 / 365) * closing price of the day * Factor size Upper Band (Resistance) = closing price of Delta + PI Lower Band (Support) = closing price - Delta PI
Strips of variability used for market surveillance, taking into account size: 1.0, 1.28, 1.5 and 2.0. This tool can be used in the software package "Ensign Windows" using their own parameters.
Line A calculates the 30-bar historical fluidity and keeps the value of global variable [1]. A typical value of - 17.50. Line B corrects decimal Historical variability, by dividing it by 100, and again stores the value in [1]. [1] = 0.01 * Historical Variability of Line C multiplies the historical fluidity of the value of 0.05234, which is the square root of 1 / 365. The result is stored in [2].
Line D calculates the delta PI = Closing * * 0.05234 historical fluidity. This value is stored in the Delta PI [3].
Line E multiplies Delta PI for one of the factors of size, which in this example is 1.50. The result is stored in [4].
The line F & G is building a pair of Полос variability for Delta PI in [4], adding this value and subtracting it from closure.
The line H, I and J is building another pair Полос variability of size equal to Factor 2.
Values Полос variability, which are now being used as support and resistance levels for the next day.
Forex Magazine
based on www.ensignsoftware.com
based on www.ensignsoftware.com
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