It doesn't have to be complicated. Take a look at the chart posted. Its a mechanical representation of Channel trading. Use a moving average....
Thru 1425. Ahead just shy of 2x H- L for the day. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=842869">
Thru 1126 <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=842732">
Thru 1114. Still about 1X H-L <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=842655">
Thru 951 up about 1x H_L so far. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=842589">
Am open to any tweaks. The top/bottom tick problem is ever present. I posted one way to handle it in the very long Hershey thread. TIA for the...
Is this what is meant by using left lines ? This is the screen shot from my automated channel trading program. It made 10 trades and captured...
I will repost the program after I build an installer for it. The zip file I uploaded is only the executable. It wont run without a few other...
Yes similar to the tiki. The formula is simply the sum of the last prices divided by the current divisor. see cbot for such info. You can also...
Back to the "outer limits" and STR/SQU goes GREEN. Position is flat from there.
Move back to mid channel. Sell off a bit and STR/SQU MAGENTA lights up. Position is short from there.
Here is a new program I have been playing with. It computes the DJIA live using the last trade as reported by IB. On an uptick of a component...
Hi guys, nice postings. If you want to post the chart image within the message you may do so as follows: 1). post the message as usual 2)....
Here is the "project" zipped.
The gif is a production output from the program camtasia.
Here is a demo for making a VB.NET app. I made this simple example in about 5 minutes. <img...
Attached is a gif animation showing the system running for about 10 minutes. <img...
Making over 100 trades per day in the ES market is not an unusual case. The attached report shows an automated system routinely making about 100...
http://www.trader-soft.com/money-management/reading/ralph-vince.html
This is about the right time of day to start watching for the PM breakout. <img...
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