zdo

Got the book and finally browsed through it. He has a very idiosyncratic lexicon, but it’s obvious he has put in his 10,000 hours… His micro trendline work reminded me of some scalping system development work I did a while back that is functionally similar but isn’t based on ‘other side’ micro TL’s (see attached – shorts only showing on a 1 minute EJ from early this morning) … Was just wondering if anyone has coded up any of his techniques ??

JimmyJohn, I have only skimmed the google book (that has many chapters missing) and have not read the whole book so others would be much more qualified to answer your question – particularily marking up a chart. Very generally though - Your chart is ‘triangular’ and my (mostly intuitive) impression is that Al does not have a lot of trines in his ‘nature’ or methods. Is it just coincidence that is the type of chart you posted? zdo

TS has a sim. I have never used it, but it's been in the builds for a couple of years now so they probably have most kinks worked out of it by now. The TS dom / matrix is good. Easy to change, cancel, etc orders... I have a few personal items on the wish list for the TS dom / matrix. The most important is to be able to change order types without going to a listbox drop down. I would prefer the order type list showing OR being able to 'select' order types via columns and left or right click - but that is just a preference...

Rigel, it was a funny :helloooo: not sarcasm You'll notice I also gave the post a Thanks (and I don't drop those around willy nilly) :evil tongue: So you must really think he's trying to help ?? :pc guru: :ciao:

DB, raphx appreciates your very prompt reply

davewolfs, If you go the TS / MC route, PM me and I can give you template code for outputting 'count' statistics for various ways your test condition turns out (sans actual system backtesting). From there you could kick the stats out to .csv , etc. if needed... zdo

Does Brooks use SR? If Yes, then how? If No, then we'd probably be better off not trying to integrate it in this thread (it's like if I started posting about Brooks, RSI, or whatever over in a PriceVolume thread. Most likely it would be removed...)

Here's BF in 90 [ame=http://www.youtube.com/watch?v=5MeiwLLZjDo]YouTube - Damien Walters Showreel 2009[/ame] PS Imorgan, you're right though. Nothing beats lifting heavy .

BF, Congrats on getting started. P90x is great. ... when you're ready for the next level, check out Scott Sonnon, The Flow Coach All the best, zdo

One alternative is Ninja trial, free Gain data feed and a very small, real FX account* - which you trade and manage and protect as if it had 3 or 4 more zeroes on it. Become so proficient at losing and sizing your losses that a loss at any scale just doesn't matter anymore - ie apply discipline here. Optimize to the smallest time frames possible so that you're screen time is busy, productive and you get high a quality and quanitity of effective practice. If you don't have an edge be like a kid in a toy store for a while - try everything... you'll later be naturally guided back to the ways, methods, techniques that are true to your nature - ie don't apply discipline here for now. Instead apply reckless curiosity. Keep in mind that others may tell you to do the exact opposite of all these recommendations above. The industry and most of the players won't tell you that small real trumps big sim in the long run, etc. Ultimately only you can really discover what is true for you. * Oanda is as good as any for this

check out the 'pivot' function and derived SwingHigh and SwingLow Also there is an indicator called ZigZag that may have been ported over from TS to MC which will do your %'s hth

re What Do You Do when You 'miss' a Trade? No good general answer! Depends on 1. what kind of system you’re trading and 2. why you’re missing trades. if you’re scalping and/or trading high frequency setups then take a fly fishing attitude - wait / reel it in and cast again if it’s a system that requires nimbleness, consider moving your time frame around by little bits until you dial it in for yourself. if it’s a breakout system then maybe create a contingency entry plan (like on 1st retracement – btw being aware that this is a wholly separate new system with different stops and targets and statistics, etc.) if it’s a trend system, just get in as soon as possible / give up a few ticks. with trend systems you have to be in every single time to make sure you’re on board for the outliers. if the system is missing too many limit order entries – give up some precision and get a little fuzzy with it. Consider placing an array of orders to fill the position - with only a small number of cars at your ideal entry point, etc re #2 why. Do some digging around with your trading fears and biases… Somewhere you may not be willing to pay either or both the explicit stop size and/or the implicit composiite risks of unlucky, deserted, wrong, loss pains to find out if a trade is good or not… Mark Douglas talks in terms of thinking in probabilities. You may have to take it way beyond that and totally freakin completely surrender to probabilities…

"No big, continuous trading success that I have ever seen has come from ANYTHING I have ever seen posted on this or any other board " Well DUH! Have a great weekend.

Here is the same basic code as daedalus posted. ( I re-wrote it only to get my head around it) Vars: iVolume(0), UPColor(green), DOWNColor(red), NOColor(black); If bartype < 2 then iVolume = Ticks else iVolume = volume; noplot(1); if iVolume[1] > highest(iVolume,5)[2] then begin // HIGH VOLUME SPIKE if absvalue(O-C)<(H-L)then begin // o and c not at h and l's ?? see below if L <= L[2] and C >= C[1] and C >= O then Plot1(1,"Spike", UPColor); if H >= H[2] and C <= C[1] and C <= O then Plot1(-1,"Spike", DOWNColor); end; // if absvalue(O-C)<(H-L) end; // if iVolume[1] > highest(iVolume,5)[2] The questions that arose are: Why is this testing last bar instead of current bar for the volume condition? And what is the purpose of absvalue(O-C)<(H-L) ? o and c not at h and l's ?? (sevensa asked the same thing a few posts back) Thanks.

"difficulty comes with idenntifying the Legs" szubaark anyone got time to give us a Leg lesson that's not just a re-gurg of the original text and covers some of those gotchas ? thx

waveslider, re: "I also use a short term JMA to help identify waves" a fast noLagMA or jtHMA might work slightly better for identifying waves than JMA - mostly a matter of taste though...

1 Can anyone provide the code and/or logic for the Gann Trend? 2 Can anyone provide the code and/or logic for a modification of the Gann Trend by Mark Boucher and his researchers circa 1995 ? Many thanks. zdo

Trader273 It's not the money. It's the time. He reads too much already... re: "if your friend can get even on little thing from the book its worth it" is an argument to build a HUGE trading library - which is what he has done. Just a couple of months ago he sent me a whole box of great trading books that I hadn't read. I'm scared to read them. re: Steenbarger (and this is not criticism btw) It seems that, although he mass markets (relatively speaking), his audience is really a certain type of thinker... that's as much a question as it is a statement. When he asked about it, the lack of subsequent 'reviews' and commentary about this book kinda got me wondering. Comments all? Have a great weekend.

For $97 you can get the other 11 Laws btw Tingull has left the building (and Bramble has ascended) both, long ago ...

Thanks, trade-samarai From the general feedback I've gotten (lack of it too), I plan to tell my friend not to bother with the book for now

Joe Ross also has a pretty good definition of price pattern congestions (ie it's codable) in The Law of Charts 'book' and it's companion article. Also has some techniques for RossHooking out of congestions - although, in-situ and pure / alone, those don't test out well. Now if I had to choose just one desert isle indicator for identifying congestion for automated systems work, I would go with a 4 period JMA (using (H+L+C+C+C) * .2) for price input parameter) as the JMA tends to get flat quicker than any of the other adaptive central tendencies (like HMA etc.). If slope / angle goes flat two bars in a row, then in congestion. hth

Bump (to at least twenty charaters) :missy: Thanks.

Hi all, A friend of mine just emailed and asked if he should read BS's new book. I haven't read it. What are people's impressions? Is it a compilation of existing blog content or does it break new ground? Thanks. zdo

Soultrader, Just curious - why did you take down the Kreslik link when so many other (shyster) links are left up? I have no affilitation with them, know very little about the site, and only recommended it because I thought he might be from the same area geographically as VTK? Is there something we should know? Thanks.

VTC Maybe ask Michal Kreslik about some options. FXDD is popular right now (and I don't have a clue why? ) - but may or may not be accessible where you are. If nothing else, go with Oanda until you find something that fits your situation and needs. ... not much help but hth...