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Archive for December, 2009

Dec
24

Anchor Charts on Time and Tick - HA Modified (TTM Trend Anchors)

Posted by kurtosisT

Concept of an Anchor Chart is to combine multiple time frames into one chart.

This blog post is to:

1. Give a free open source version of the TTM Anchor Charts for Time and Tick and

2. How-to install them.

There are two versions for MultiCharts and for TradeStation all of which were sourced freely from open forums no copyright infringements. ;-)

Now download the MC version or the TS version which ever is your preferred platform it is a zip file as it has the additional software ADE and TZU code needed to set it all up.

MC Download has 1 Zip with 7 files: ELCollections zip, ADE Setup zip, TZS, TTM Trend Anchors Tick, TTM Trend Anchors Time.

TS Download has 1 Zip with 6 files: ELCollections zip, ADE Setup Zip, TZS, AnchorsPB-TS.ELD

Lets Deal with MC first, the following series of screen shots is to give you an idea of how it works.

Step 1: install all the downloaded code. Make sure to compile all the code as you install it.  You will install ADE, ELC, TZU, TTM Anchors Time and TTM Anchors Ticks.

Step2: read the installation process for ELC and ADE move the appropriate text files to there respective directories.  ie that the ADE text file “OHLCV” is moved to the “c:\ADE\Classes” and that the “ADE Generate Class.mex” is in the MC program folder. Also need to make sure that ELCollections.dll’s are moved or in the right place ie. in the Program folder of Multicharts.

Step3: follow the attached screen shots. You can cheat and just open the work spaces now and they should all load properly after the data has been downloaded. However, that takes all the sport out of it. So try and build the setup from scratch by opening the 4 subcharts and 1 main Anchor chart… ie 5min, 5min, 15min, 30min, 60min… and now follow these picture steps.

Now Insert the “TTM Trend Anchor Time” indicator into the Anchor chart  looks like this

Now you should get something like this. You have Anchor Charts for Time Series on MC! You can now minimize the the sub charts and just look at the Anchor Chart.

The process of Tick anchors is very similar in the setup but on each subchart there is different hidden indicators. See the following screen shots.

This an extremely important step for you to check that when you load the sub charts that you have the “ADE TickBart” file and not the “ADE TickBarV” file else you will get errors as the subchart won’t collect volume data on a tick chart.

You should end up with something like this on Multicharts

Enjoy Anchors on MC!

Now Lets tackle TS and install Anchor charts for the Trade Station now that you have downloaded the TS zip file with all the required moving parts to load Anchors  it is identical in procedure as Multicharts so make sure you install all the ADE and ELC and TZS first like in steps 1 and 2 for MCs. Here are the TS screen shots to walk through the installation.

Anchors for Time Charts.

Now lets look to insert the PaintBar “TTMpb Anchors Time” into the Anchor Chart.

Voila! Anchor Charts on Trade Station! Free :-)

Now lets setup Tick Charts with Anchors ;-) Lets insert the indicators !TZS and TSU Save OHLCV ( remember to check that the file is “ADE.TickBarT”. Looks like the screen shot below.

Now lets insert the PaintBar into the Anchor Tick Chart….

Voila! Anchor Tick Charts in Trade Station. :D

Enjoy your Anchor Charts on the Holidays!

Good Trading and May all your trades have fat tails and flat distributions

KT

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    Welcome to Kurtosis Trading! Here at Kurtosis Trading we are Day Traders and Swing Traders this is a forum to provide information tips, trade setups and trade ideas on day trading and swing trading. We believe here at KT that information and education is the most important ingredient to the sucess of day traders. We are not a company of Financial Analysts publishing research and recommendations I will leave that for the IB and Brokerage Houses. All ideas are our own trading ideas and are intended for educational purposes but if you should profit from our ideas feel free to make a donation to help fund this site.

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