So I'm assuming you recommend it Anyone else here take a look at Suri Notes ? I'm heard only good things so far.
Depending how much volume on the day there is and what volume setting you use, a "few contracts" could result into A LOT of bars that should be there that aren't. Trading is hard enough, I wouldn't be caught dead trying to trade on data that just an approximation.
Here is a nifty indicator that plots the following: - Higher Highs - Higher Lows - Lower Highs - Lower Lows - Double Bottoms - Double Tops - Porn Anek PS: Kidding about porn, that would be a perfect ELD !
Glad to see you mention that. That is exactly where I shorted it! Market briefly looked like it was going to head lower, then continued up, I got stopped out for -1 point.
KiWiRoo I use IB for data. If your source charts differently, and you are trying to check your trades and charts against Anek's, you may just want to vary your volume untill you get a reasonable match. It's all relative.
Anek, Just found your great thread last night. Glad you like the price action ELD. It was inspired by a pure price action trader that's been changing my paradigm about trading. I haven't had time to read all the posts (probably won't) so would love to see the cliff notes version. I see when you trade a double top, you wait until price penetrates the low between the peaks before entering, is that correct? How do you handle exit? Thanks in advance, Marsh....
Forgot to mention regarding the price action ELD. Due to the TS way of doing things, the HL, etc. markers get attached to the first bar in the minute in which the HL occures. So, on lower tic charts, the markets are charted way off the actual bar which creates the marker. Sometimes increasing the left and right strength (10-25) helps to align the marks better.