This is in reference to????????????? Are you somehow implying I have not done the research, have not had proprietary programs written, and am somehow clueless as to how PA works? Let's keep it real. An indicator is an indicator, regardless of who "wrote" it. The crapola that you are now referring to is exactly what you were using at the beginning of this thread. Not only were you using stochastics, MACD, HA, BB's, Fibs, you explained their use in detail complete with examples. It was I who said all along that those indicators were worthless. Now you are trying to tell me the distinction between a home brewed indicator and a crapola study now that you have decided not to use them? Your home brewed indicator appears to be nothing more than a tweaked bid/ask pressure meter. Regardless of what it is, I will say it is not needed for the purpose of this thread, or for trading for that matter. I find it odd that after preaching the use of crapola indicators at the beginning of this thread, you are now trying to convince everyone you have had this magical one all along. Being your original intent was to help new and/or struggling traders, why all the newfound theatrics about some secret formula when you have no intention of sharing it with anyone other than bragging rights. The tale of how you are getting such fabulous entries is a bit over the line. Nonetheless, the original HH/LL methodology is sound. But if you are wanting to help others, and I do believe you are, then KISS without the drama. If you are going to teach pure price action then do so with naked charts for simplicity sake. Anything above that is noise and only confuses those truly wanting to learn. Have a great weekend, and please understand, no offense intended, just a simple observation. I encourage you to disagree, but veiled insinuations?....... I've marked a like chart to give my take. Please show how your indicator improves the entries and keeps someone out of trouble regarding 'tricky price action," whatever that means. The price action is quite clear actually. st
ST, You are of course entitled to your opinion. The fact of the matter is I make the same decisions faster with my stuff and so do those that were part of the project. That is undisputed, not a single member of the project disagrees. On top of that you are incorrect about the concept that is was based on when in fact the real concept is exactly what you and I do (I think) but in an automated form. As far as stochs, ha bars etc, you could not be more right there. Do not confuse an Apple Pie from Burger King from one that was cooked by a sweet "grandma", there is a big difference. Anek
ST, See those highs and lows bar calculations you do manually ? Well I do them automatically in multiple depths in a historical form. I'm sorry but my brain cannot keep up with all that at the same time, the computer can. Anek
Anekdoten and Stealth Trader, How do you guys handle trading in the "dead zone" (12-2 est)? Do you avoid it or allow the charts to tell you whether or not to trade? Thanks in advance. MDT
MDT, A chart is a chart, if I I see an opportunity I take it. Just need to avoid the chop. Obviously the higher the volume the easier it gets which is why some people avoid lunch hour but still plenty of opportunities can be found in such time frames. Anek
Wow, YM providing NO Pulbacks for buying of recent HH HL trend. Impressive uptrend in last 30 minutes or so but no good entries. YET.......................
Tsk, tsk, there you go again........making veiled insinuations again. :eek: I usually am right, it just takes some people a while to figure that out. st
My most sincere apologies. I didnât realize that someone who recently subscribed to a fee-based trading room seeking help would be so privy to owning a secret indicator that is faster than price itself. Given the tens of thousands of people before you creating market algorithms and studies, many of whom hold doctorate degrees with access to huge budgets, I am in awe that you and a couple of buddies were able to write the holy grail in easylanguage over a few beers. Those little neuro induced red dots are simply amazing, and I now bow humbled before you. I await your forthcoming book with baited anticipation. I only hope you can find it within yourself to honor me with a signed copy. Again, my humble apologies. With tongue in cheek, I remain Sincerely, st P.S. If you should ever decide to sell your indicator, does it come in green?
ST, I never said I could be faster than price, only that I can summarize all relevant aspects of price action FASTER with a computer than manually. When I joined Pure Tick I did so looking for guidance as I had no real experience with futures, although I had been daytrading equities for nearly half a decade. No shame in that. On top of that there was not single day during my stay in there where I did not out-trade the head trader of the room. There is plenty of evidence about that, why do you think I quit their service. Now, I'm not sure if I can out trade you ST, but one thing is for sure, I can definitely out class you as your attitude stinks. So you don't like indicators, neither do I, but don't speak about what you don't know. And last but not least my work is not for sale or will it ever be, do I look or sound like a salesman to you in this thread ? Who's the insinuator now huh? Anek