[Logic]

Originally Posted by DbPhoenix »

Just so the thread gets off to a good start, those who push commercial interests are discouraged. Those who make no sense and have no creds are, for the most part, ignored, and they die from lack of food. But those who are straight-shooters and answer questions clearly and sincerely are welcome and are even encouraged.

In any case, the atmosphere that pervades that "other" site won't be found here.

If I may, though, I suggest that you start at the beginning and not ask members to endure threads elsewhere that have an unbearable noise to signal ratio. You may be able to cover the gist of what you do and what you look at in only a few posts.

TAMS already got started there with the posting of the rules and now I will post a few chart giving the detail of the entry and exits. Today in the ES was a perfect example because it was such a crappy day. No one could every accuse me of cherry picking a day like today.

The first 3 charts are of the 2401 CVBS Bar Chart (Constant Volume/Share bar Chart) for today. I had to split them into 3 parts because I am traveling and did want to hook up my second monitor. The 4th chart is a longer term 823543 chart. It is a great example on why I prefer to trade longer term charts versis the faster intraday charts. Less noise and the slower charts. The slow chart here as well clearly shows the mass consolidation playing out currently on this bottom.

[elovemer]

... are we lost on this ....without CVBS ?
.... tick won't work ?
thanks

Originally Posted by Logic »

TAMS already gobottom.

[Logic]

Pretty much, sorry.
Tick charts are better than Minute charts but the difference is crucial.
Minute charts are the worst.

When I get home in a few days I will post a few chart that compare Minute Tick and CVS Bars so you can see the difference. Constant Volume/Share Bar charts are like High Definition viewing of price movement, direction & strength.

[Tams]

Here's today's ES 2401...

I have added the ZigZag indicator to the chart;
it helps you to visualize the oscillations.



you can get the ZigZag indicator here:
http://www.traderslaboratory.com/for...tors-5418.html

p.s. This indicator is very sensitive. If you get an error message, you will have to reduce the strength a bit.

p.s. The indicator was written in MultiCharts.
If you are using TradeStation, please send me a PM. I will get one work out for you.
.

[Tams]

Originally Posted by brownsfan019 »

Unless Tams can discuss the settings of the indicators being used, there's not much good in looking at screenshots or txt files. You need the settings or it's useless.

The settings for the Ergodic Indicator are:
49, 147, 49

[Logic]

Thanks for helping in here TAMS. I'm in the middle of evaluating a software program and will be tied up for a couple weeks but will post as often as I can.

[Evolution]

Hi Prof,

On your swing trading example, I was wondering what kept you out of the previous three histogram oscillations before the short around the middle of August 08?

Thanks
Evolution

[Logic]

A PF must follow the Histogram Oscillation but before the Histogram oscillates back in the opposite direction.