Smoothing out price

[walterw]

	Quote:	feb2865
	Shorted today at 9:40 @13860 just a couple of contracts Exit @ 13814 as my DSL service acted up big time Anyway it was a 46 points move. I am an old dog and somehow I feel skeptical. Need to find the reasoning behind this

Another question Raul here... the actual plot, obviouly its not the traded price so : how much lag are you having with the real price ?... is it posible to plot the raw bars and this HA bars together so you can compare real price vs this cool HA bars ? I am as skeptical as you are and also very surprised with so nice plotting... I am familiar with HA but not this particular "leading/smooth" HA... cheers Walter.

[feb2865]

	Quote:	walterw
	Another question Raul here... the actual plot, obviouly its not the traded price so : how much lag are you having with the real price ?... is it posible to plot the raw bars and this HA bars together so you can compare real price vs this cool HA bars ? I am as skeptical as you are and also very surprised with so nice plotting... I am familiar with HA but not this particular "leading/smooth" HA... cheers Walter.

Actually bars do move with price, at least on sierra. As I notice they don't match the price at the axis. I use the bars pretty much as an indicator and I wait for the next period to break the higher high/lower low for an entry, if the bars change colors. I personally pay more attention on price. You're going to have the normal ebb and flow at the bar but the cool thing is that the bar don't change color unless they turn back the other way.

I also use transact AT. It has a nice DOM This is where actually look at the price but you can check the price as it move thru the axis and they correlate nicely.

[walterw]

	Quote:	feb2865
	Actually bars do move with price, at least on sierra. As I notice they don't match the price at the axis. I use the bars pretty much as an indicator and I wait for the next period to break the higher high/lower low for an entry, if the bars change colors. I personally pay more attention on price. You're going to have the normal ebb and flow at the bar but the cool thing is that the bar don't change color unless they turn back the other way. I also use transact AT. It has a nice DOM This is where actually look at the price but you can check the price as it move thru the axis and they correlate nicely.

Ok... I did look at your chart and compare to my raw bars charts from my dom and yes its quite very well correlated... What really happens here is that noise its been absorbed and at the same time there is not excesive lag going on... so you can actually position yourself on the clean swings of price action... Could you post a chart explaining this entry timing you are talking about ? see if I am interpreting you correct...

I am thinking on testing Sierra... do you know if the 30 day trial of transact could be good in order to have data for the 14 day trial of sierra ? thanks so much, I am very glad to be able to interact with you, cheers Walter.

[feb2865]

	Quote:	walterw
	Ok... I did look at your chart and compare to my raw bars charts from my dom and yes its quite very well correlated... What really happens here is that noise its been absorbed and at the same time there is not excesive lag going on... so you can actually position yourself on the clean swings of price action... Could you post a chart explaining this entry timing you are talking about ? see if I am interpreting you correct... I am thinking on testing Sierra... do you know if the 30 day trial of transact could be good in order to have data for the 14 day trial of sierra ? thanks so much, I am very glad to be able to interact with you, cheers Walter.

Yes you can combine both. Actually, transact AT has a button where you can launch sierra in a heartbeat. I've been using transact for years and had no problems whatsoever. Their execution is excellent.

My entry was at 9:40 AM I still respect pivot points and S/R Levels. As yo can see, market bounced off from pivot at 9:35 AM. I always time my entries at the next bar whenever I see enough momentum if it breaks the higher/high lower/low. I am using this system pretty much the same as you can see price action is very similar to any regular candlesticks with the exception of the axis. The trade was a risky one as we had existing home sales @ 10:00 am Lucky for me the report came out bellow consensus so it pushed the market even lower. Anyway I am trading with just a couple of contracts so it's not a big deal.

As long as you have the bars colored at the side of your trade - no problem. Let it go. You can opt to get out at the close of a bar in reversal or wait for a second bar to confirm either a reversal or pullback

Entry was 13860 exit 13814. My DSL service got hanged during the trade so I had no choice but to call my broker



Here's the chart

[walterw]

Raul : I just did setup for a trial of sierra charts, is it posible to share your chart template here ? you can zip it so it can be uploaded here on TL...

[feb2865]

Here you go


My pleasure

[walterw]

Thanks Raul ¡¡ would this be a template or layout from sierracharts ?

[feb2865]

	Quote:	walterw
	Thanks Raul ¡¡ would this be a template or layout from sierracharts ?

Template

I shorted YM @ 13852 (15:15 EST) and I got out at 13832 for a cool 20 points using this system.

Let's see what happens

[walterw]

	Quote:	feb2865
	Yes you can combine both. Actually, transact AT has a button where you can launch sierra in a heartbeat. I've been using transact for years and had no problems whatsoever. Their execution is excellent. My entry was at 9:40 AM I still respect pivot points and S/R Levels. As yo can see, market bounced off from pivot at 9:35 AM. I always time my entries at the next bar whenever I see enough momentum if it breaks the higher/high lower/low. I am using this system pretty much the same as you can see price action is very similar to any regular candlesticks with the exception of the axis. The trade was a risky one as we had existing home sales @ 10:00 am Lucky for me the report came out bellow consensus so it pushed the market even lower. Anyway I am trading with just a couple of contracts so it's not a big deal. As long as you have the bars colored at the side of your trade - no problem. Let it go. You can opt to get out at the close of a bar in reversal or wait for a second bar to confirm either a reversal or pullback Entry was 13860 exit 13814. My DSL service got hanged during the trade so I had no choice but to call my broker Here's the chart

Raul : was this morning chart a 144T chart ? thanks Walter.

[walterw]

OK Raul you are a genius ¡¡ great finding with this indicators and setup parameters ¡¡ also so greatfull for sharing here at TL with us...

I am running Sierra Charts with opentick data... playing arround with this chart setup, and its really incredible the fenomena of combing this HA and Hull with this parameters... I had been coding on tradestation for years and never got anything similar... I am just impressed...


My inputs so far till now : there is some lag BUT its not a great lag... the structure of price action is clearly there and "timing" (the hardest job for any trader) can be done so easy, taking of the stress that noise causes and keeping you inside of moves that can make you clean profits...

Obviously this is no perfection nor holly grail, but that it can make your life more easier I believe yes...

I attach a chart of what I personally playing arround came up, also added some indicators from sierra that I am experimenting at this time... thanks again for this great contribution ¡¡ cheers Walter.