Tweak RAF (ready,aim,fire) to only display Major Buys/Major Sells that are Overbought/Oversold

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Stockmarker

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MerryDay

MerryDay

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@Stockmarker I don't get an error when I run your study as a scan and look for RSI crosses .2
I didn't get any matches but the scan does work
 
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madpuri

Member
How did the raf thread turn into a rsi lagurre thread? Keep it on topic or related to what we are trying to figure out on the thread. Thanks
 
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Thomas

Active member
@cos251 Go join Rightway options,.....options and trend......learn to trade, indicators will not help you, except to lose your nest egg....

@madpuri I can tell you for certain this gobbly gook spaghetti on a chart will not help you interpret price, but will confuse the heck outta you.
 
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madpuri

Member
@cos251 Go join Rightway options,.....options and trend......learn to trade, indicators will not help you, except to lose your nest egg....

@madpuri I can tell you for certain this gobbly gook spaghetti on a chart will not help you interpret price, but will confuse the heck outta you.

I know that much. This is a time killing project. All indicators are exactly the same with only the name changing. I have seen the 20ma sold as the "power moving average"...lol
 
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DDW

Member
@cos251 Go join Rightway options,.....options and trend......learn to trade, indicators will not help you, except to lose your nest egg....

@madpuri I can tell you for certain this gobbly gook spaghetti on a chart will not help you interpret price, but will confuse the heck outta you.

Traders at Rightway don't use indicators?
 
wtf_dude

wtf_dude

Active member
@cos251 Go join Rightway options,.....options and trend......learn to trade, indicators will not help you, except to lose your nest egg....

@madpuri I can tell you for certain this gobbly gook spaghetti on a chart will not help you interpret price, but will confuse the heck outta you.
oh THANK GOD, you came in here. Now I've seen the light and will stop using projects that give possibly beneficial hints and switch to paying 2k a year for somebody else to give me hints instead. Options? trend? RISK MANAGENT (DID I SAY THAT RIGHT?)?! Whole new world.,. before we like a buy all da stonks and let our spaghetti makes us da moneyz. #lambo
 
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madpuri

Member
Y’all know right way options is as good as all those goofy signal services where the hypothetical results of 1000 percent are based on the faux traders buying a 1 cent option and clapping for victory when it rarely goes to 10 cents.
ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.
 
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DDW

Member
ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.

So instead of the free spaghetti here, he is paying someone else to tell him what and when to buy...... who is probably using some of the same spaghetti :rolleyes:
 
J007RMC

J007RMC

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Y’all know right way options is as good as all those goofy signal services where the hypothetical results of 1000 percent are based on the faux traders buying a 1 cent option and clapping for victory r it rarely goes to 10 cents.z
ill stick to this project rather than paying a so called pro.

disclosure... don’t know and don’t care about right way options but that post wreaks of crappy oli and cheese. I will stick to my spaghetti noodles.
Honestly I’ve never heard of them? Do I need that?
 
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TAM305

New member
Good Evening i just want to say the RAF indicator is awesome keep up the good work!!!!
 
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Sneaky_Swings

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@cos251 First of all amazing work here with the indicator, it looks great!

From what I understand the fire signals are produced when there is a bright green/red box and the stochastics cross over one another. I was wondering if this was correct and if it's not, then I was wondering if someone could help me to understand what the fire signal was.
 
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DDW

Member
@cos251 First of all amazing work here with the indicator, it looks great!

From what I understand the fire signals are produced when there is a bright green/red box and the stochastics cross over one another. I was wondering if this was correct and if it's not, then I was wondering if someone could help me to understand what the fire signal was.

Here is David Starr's video on his original RAF without the new "power thrust" signal.

https://www.simplertrading.com/raf-indicator/
 
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DDW

Member
@cos251 First of all amazing work here with the indicator, it looks great!

From what I understand the fire signals are produced when there is a bright green/red box and the stochastics cross over one another. I was wondering if this was correct and if it's not, then I was wondering if someone could help me to understand what the fire signal was.

If you look at the 30min SPX chart, the 1:30 bar had the arrow 'fire' signal to the downside, with the 'ready' and 'aim' signals preceding it. Additionally, TTM squeeze bars switched from light blue to dark blue, indicating slowing momentum to the upside. Nice signal there
 
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cos251

Member
Hey guys. Just wanted to acknowledge a couple of the mentions so far. Thanks so much. I have been looking a various items trying to pinpoint the thrust squares and zero trend line. I am sorry to say that I have not found the exact match. I've reviewed so much, the Darvas Box 2.0, Propulsion dots from Raghee, the EMA's. A lot of them look close but no exact match. I think we can't be too far off. I'll keep hunting for it in the mean time.

A few of you asked how the "FIRE" signal gets plotted. Below is the code of when and how Magenta Arrows get plotted. The "READY" and "AIM" signals are SOAP buy and sell signals and TEMPLATE buy and sell signals. They technically constitute a second indicator that FW Trade had developed. They wrapped it all into one including the 3x Stochastics (which are used to plot the up and down arrows for each Stochastic and the FisherTransform). If you guys are looking for more confirmation when using the RAF I would recommend turning on the plots for the FS8x5 and FS5x3, those are faster moving signals that can help decide if a trend is taking place. The FS17x5 and corresponding up and down arrows will provide the final confirmation for moves. Of course, you should be using other indicators to confirm your own strategy as always. And, it seems that 30m and DAY charts seem to be the best match, although I've personally have seen good signal matchup across the 5m, 15m and 30m charts for intra-day.

Thanks again guys.

(The fish1, fish2 and fish3 below are the actual calculations for the respective stochastic, just FYI, all the code is in the indicator)

Code:
plot FS5x3 = fish1;
plot FS8x5 = fish2;
plot FS17x5 = fish3;
plot FS17x5MA = MovingAverage(AverageType.Exponential, fish3, Fish17x5MALength);
FS17x5MA.SetLineWeight(2);
FS17x5MA.SetDefaultColor(Color.RED);
FS17x5MA.AssignValueColor(if FS17x5MA > FS17x5MA[1] then Color.GREEN else if FS17x5MA == FS17x5MA[1] then Color.WHITE else Color.RED);
plot FT = fish;

plot FS17x5u = if (Sign (fish3 - fish3[1]) > Sign (fish3[1] - fish3[2])) then fish3[1] else Double.NaN;
plot FS8x5u = if (Sign (fish2 - fish2[1]) > Sign (fish2[1] - fish2[2])) then fish2[1] else Double.NaN;
plot FS5x3u = if (Sign (fish1 - fish1[1]) > Sign (fish1[1] - fish1[2])) then fish1[1] else Double.NaN;
plot FTu = if (Sign (fish - fish[1]) > Sign (fish[1] - fish[2])) then fish[1] else Double.NaN;


plot FS17x5d = if (Sign (fish3 - fish3[1]) < Sign (fish3[1] - fish3[2])) then fish3[1] else Double.NaN;
plot FS8x5d = if (Sign (fish2 - fish2[1]) < Sign (fish2[1] - fish2[2])) then fish2[1] else Double.NaN;
plot FS5x3d = if (Sign (fish1 - fish1[1]) < Sign (fish1[1] - fish1[2])) then fish1[1] else Double.NaN;
plot FTd = if (Sign (fish - fish[1]) < Sign (fish[1] - fish[2])) then fish[1] else Double.NaN;
 
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