5/9 Indicator Differences

[Trader Question]

In comparing the DGB 5/9 indicator to mine I found some differences. I traced these down to the Closed 5/9 rule set forth on Screen 24 of lesson 2.
It looks like the 5/9 indicator you use, and therefore the nearbys, etc. do not use this rule. An example would be QQQ weekly chart, 5/9-Up the week of 1/16/04. Was the closed 5/9 rule abandoned by you and Charlie or omitted by the programmers?

I don t want to be a pain, but I really want to know the Drummond work and use it correctly. Part of that is seeing where I went wrong in my prior work.

JK

[pldot]

If you like, send me a picture of the issue (DG version and your version on same chart) and if you're comfortable doing so, a copy of your code, and we'll take a closer look... I basically never use the basic static version, only the live DGBL's...and have not noticed anything amiss. But, there are occasional anomalies that have cropped up here an there...

[Trader Question]

My pleasure. The chart has your DBG 59, DGBL 59 and my 59 on it. Mine is the dark magenta as a right tick. The DGB59 is a yellow circle with a white center. The DGBL59 is a blue left tick. I cannot see any difference between the DGB and the DGBL versions. Where you can really see a yellow dot is where the Closed 59 rule applies, I believe. You are the expert. My code is pasted below.

JK

[pldot]

Thanks... this will take us a bit to get into as there is a lot going on just now. But, will address as we go forward.

[Trader Question]

That s fine. When you check, include the 5/1 and 5/3 in your search, because the closed rule seems to not be used in those studies either. I guess the 5/9 extension would be affected too. All of these may be used to determine the placement of the S/R zones, which is the main reason I am asking.

When you get a minute, can you tell me where in the lessons I can read about the redbird and redrobin dots?

JK

[pldot]

Will do...

Will likely do a movie for all regarding the red and robin stuff, no longer used, and not in Lessons...