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1a2b3cppp
 

Registered: Sep 2008
Posts: 2530

 

11-26-08 07:00 AM


Quote from Tums:

There are 2 old threads here on ET where ProfLogic explained everything in detail... plus some.



some=fireworks



What do you mean fireworks? Is that a colloquialism I don't understand?

Do you remember what the thread subjects were? Has has a lot of posts and it would take forever to search through them. Did he give Ergodic settings?

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1a2b3cppp
 

Registered: Sep 2008
Posts: 2530

 

11-26-08 07:07 AM


Quote from keep learning:

1a2b3cppp, ProfLogic,

Just trying to follow along here.... using Tradestation, I'm trying to create the same chart / ergodic as you have posted.

I notice there are some differences between what you have posted and what I am able to get. I've obviously tried to tweak the settings but that doesn't quite cut it.

Would be great if you could take a look and let me know any quick thoughts on following:

a) Any ideas on what may be causing the differences? (The hand drawn arrows on the chart hilight where some of the differences are)
b) Are those differences really meaningful for the methodology?

From the posts it sounds like there are differences between the standard version of the standard version and the version of the ergodic indicator you are using. Could that be it?


I also had some additional questions on the methodology but figured I'd started by first trying to replicate the chart setup as closely as possible.

Thanks!





Hey,

I copied your settings and got the same exact chart you did. I'm not sure what ProfLogic's settings are, but for your Ergodic which is set with 252 (long) and 84 (short), it looks exactly like mine.


same.gif
This has been downloaded 2630 time(s).

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ProfLogic
 

Registered: May 2004
Posts: 6424

 

11-26-08 01:27 PM


Quote from 1a2b3cppp:

Actually, it has Ergodic and TSI with the correct formula from Blau's works.

Perhaps you meant it doesn't have any custom ProfLogic Ergodic yet?



Yes, it isn't my parameters for the ERG.

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ProfLogic
 

Registered: May 2004
Posts: 6424

 

11-26-08 01:30 PM


Quote from 1a2b3cppp:

Here is an ESZ8 chart with 16807 volume bars (ProfLogic's number) with the default Erg, Erg signal line, and Erg Oscillator (histogram).





That's pretty good except I use a single line to elininate distrations and the crossovers are the oscillations. Add the Primes and you will a good start.

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ProfLogic
 

Registered: May 2004
Posts: 6424

 

11-26-08 02:06 PM


Quote from 1a2b3cppp:

ProfLogic, looking at your attachments, what is the difference between the big arrows and the little arrows?

What is the reason you take *some* trades when the histogram is above the top horizontal line and then reverses slope and turns down, but not others when the histogram is above the top horizontal line and then reverses?

Is that two Ergodics you have plotted there? The histogram is a faster one and the red/blue line is a slower one?



Large arrows are user (me) placed to show trade placement areas. Not specific bar entry but simply the fine tuned area where the trade was executed.

The small arrows are computer generated and show the specific bar where the Trading Oscillation label first appeared. The Trading Oscillation label come from the next fastest (larger) fractal chart. The Trading Oscillation is where the decision making process begins to set in motion the execution process. Everything I do is objective base and a step-by-step process; if this, then this.

The Histogram Oscillation (denoted by a color change) is simply another step in the process of executing a trade. The histogram oscillating at a Prime level simple shows that price is oscillating at a high level of strength. Any other oscillation shows price creating a top or bottom that isn't as strong. Histogram is generated from next fastest (larger) fractal chart ERG oscillations.

Each step separately means little but each step in sequence is critical.

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ProfLogic
 

Registered: May 2004
Posts: 6424

 

11-26-08 02:09 PM


Quote from keep learning:

1a2b3cppp, ProfLogic,

Just trying to follow along here.... using Tradestation, I'm trying to create the same chart / ergodic as you have posted.

I notice there are some differences between what you have posted and what I am able to get. I've obviously tried to tweak the settings but that doesn't quite cut it.

Would be great if you could take a look and let me know any quick thoughts on following:

a) Any ideas on what may be causing the differences? (The hand drawn arrows on the chart hilight where some of the differences are)
b) Are those differences really meaningful for the methodology?

From the posts it sounds like there are differences between the standard version of the standard version and the version of the ergodic indicator you are using. Could that be it?


I also had some additional questions on the methodology but figured I'd started by first trying to replicate the chart setup as closely as possible.

Thanks!



I'll see what I can do to find it.

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