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thrunner

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Everything posted by thrunner

  1. No disrespect to TG, but from personal experience I would be careful with TOS (Thinkorswim). They are a brokerage that can autotrade based on signals from about 50 newsletters, not all of them reputable. There is no good, easy and independent way to find out which newsletter is profitable. Their autotrade system is also buggy and hard to use when I tried it last year. Some trades which I decided to exit manually was not exited completely in autotrading, so that I ended up net short or net long on what I thought was a flat position. I suspect they also have a conflict of interest with most newsletters in that they may provide lower cost or free trades and other benefits to the principals of such newsletter. In return, perhaps some newsletters tend to have a lot of autotrade signals and generate autotrading commissions for TOS. They also use a simulated stop in their platform, as many brokerages do, so that on rare occasions you get stopped out when the exchange data do not support that stop out. To top it off, they also got my W9 TIN number wrong, so now I have to file another. I am no longer with TOS. Good luck with your endeavor.
  2. I am no EL expert here, but I think you should try the CountIf function: example based on builit in MACD LE strategy of TS with added CountIf; you may need to play with Value1 and Condition1 test length to get the logic right. Also search for this function in TS help and TS forum. inputs: FastLength( 12 ), SlowLength( 26 ), MACDLength( 9 ) ; variables: MyMACD( 0 ), MACDAvg( 0 ), MACDDiff( 0 ) ; MyMACD = MACD( Close, FastLength, SlowLength ) ; MACDAvg = XAverage( MyMACD, MACDLength ) ; MACDDiff = MyMACD - MACDAvg ; [color="red"]Condition1 = MACDDiff crosses below 0; Value1 = CountIF(Condition1, 10); [/color] // CountIF returns A numeric value containing the number of true test condition occurrences for the current bar. if [color="Red"]Value1>0[/color] and CurrentBar > 2 and MACDDiff crosses over 0 then { CB > 2 check used to avoid spurious cross confirmation at CB = 2 (at CB = 1, MyMACD and MACDAvg will be the same) } Buy ( "MacdLE" ) next bar at market ; { ** Copyright (c) 2005 TradeStation Technologies, Inc. All rights reserved. ** ** TradeStation reserves the right to modify or overwrite this strategy component with each release. ** }
  3. Looks like FMCN > GME > NVDA in continuation. NVDA actually had a bearish looking divergence in late Sept. Some may even have NVDA as a sell. NVDA has had a great run since April 07, nearly 100% gain.
  4. Here is the site: https://www.redoption.com/create_a_login.php It makes a big difference in leaving out the 's' otherwise you would get a chess site. I wanted to say leave the last 's' out for savings, but that is not quite true as each advisory seems to cost $20 It makes sense to use a free newsletter, but you often get a piling on effect a la Jim Cramer, but perhaps it is what you are looking for in a momentum play. As usual, I assume the subscribers get the first dibs in the stock picks so I would be careful as well about these newsletters, do your own due diligence.
  5. Fibonacci based tick charts have been around for quite some time. There is even a recent discussion right here in these TL forums, with charts : http://www.traderslaboratory.com/forums/f34/time-based-candels-v-tick-candles-1736.html
  6. If only if it is that easy, GS had one of the best quarters ever .... the press has a way of reporting at a time when it is the worst to take a position based on the reporting .. that is by the time the retail reader gets the news and acts, it is usually the time to fade (trade against) the retail. The only thing you should do is to trade the price action and not what some press or guru says is the news.
  7. Those are the well known Heikin Ashii bars, http://www.traderslaboratory.com/forums/f46/heikin-ashi-trend-indicator-951.htmlaka TTM trend borrowed/popularized by John Carter.
  8. Thank you Jerry for the summer lessons I came back from vacation found that you have really done some interesting work. My question for this video is you said "there is no reason why it {target} shouldn't hit the 2nd standard deviation, the volatility of the market says it should". How exactly are you calculating this? It seems to newbie and me that 95% of the prices have occurred within SD2, so going beyond 95% is not a high probability trade. Are you basing this on skewness calculation? (eg, higher the skewness, the greater probability of exceeding SD2). Is there a skewness risk involve in this trade? http://en.wikipedia.org/wiki/Skewness_risk
  9. Well, QuickTime is a 20MB bloatware download that phones home at all times (check your firewall) and shows advertisements whether you want it or not by default on opening (hint: turn off player content guide). Adding insult to injury, QT (7.0.3) w iTunes doesn't play swf properly- the player slider time index is wrong and it will no longer play with sound after you slide the play past the end and then return slide to the beginning. As stated above, you'll need the standalone QT to work properly. Quicktime is truly beginning to be worst and more annoying than Microsoft media player.There is an opensource Flash player but unfortunately it is in alpha. The two swf players posted previously are from two independent but well established houses and they are free, small (600KB), no ads, doesn't phone home. They are basically simple wrappers around the Adobe Flash.ocx. No, I have no association with either firms and I have no position in Apple stocks either.:p
  10. Thank you for sharing, Jerry. For those having problems playing swf files automatically or wish to have some controls over the playback, you should try these freeware (small 600K downloads): swf player: http://www.browsertools.net/downloads/SWFOpenerSetup.exe less features player: http://www.globfx.com/downloads/swfplayer/ BTW, Jerry, for those wishing to replicate some of your studies, are you using Ensign software charting and wrote your own VWAP and PVP functions? and are those available somewhere? Thanks.
  11. AbeSmith, Don't let all these negative talks about personality, suitability, ability, 'this thread is a joke' etc get you down. Even some of the great traders have blown out many good size accounts as newbies (yes, even the aforementioned LBR, who has mentored to dozens if not hundreds). You really need to get more reading on this subject under your belt, which as a lawyer, you should have no problem acquiring. You should also read this article to know how difficult this game can be: http://www.traderslaboratory.com/forums/f30/winners-and-losers-of-th-zero-1894.html After all that reading, you will get a better idea whether you could hack it in this game (most newbies, perhaps 80% or more can't). After that, if you decide you want to give it a go, master a few setups and practice, practice, practice with a good simulator. IMHO, IB does not have a good simulator, try other platforms more suitable for futures trading.
  12. Have you read this thread to free and fee MPs for TS? http://www.traderslaboratory.com/forums/6/market-profile-trading-concepts-175-2.html Ninjatrader doesn't import ELD (Easy Language) of any kind, it uses Ninjascript, which is a form of C#. The ELD talked about by Vega is read by TS8 so that it could export datafeed to NT.
  13. The other thread has been closed so it is logical to make a short remark here: There is no reason to be sorry Ant, I think we all appreciate your efforts and look forward to your always helpful and generous contributions in the future. You whetted out appetite with some of your open code and indicators. I am sure those interested in MP can further their studies with the myriad of resources out there. Regarding to MP indicators and code for TS, here are some that may be helpful: free TS (need forum access) https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=57275 free open Price Distribution Here $150 Price Distribution open code TS http://www.theswingmachine.com/Price_Distrib_Anal/PriceDist_Main.htm $249 non disclosed code TS 1st Trading Tools - Technical Analysis Indicator Purchases EU400 first yr, EU200 second, third etc, nondisclosed code Market Profile
  14. Probably doesn't work any more, but the CBOT webinar is working, just need to sign up CBOT - Detecting High Probability Turning Points Using Volume Spread Analysis Frankly, I get more out of reading this thread than watching the webinar. Everytime I look at VSA I can't help but wonder if there is something missing in the whole concept...
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