Anyone use my method?

Look at this nice trade at the end of the day ...1-31-2006

-dennis

 

Mark, a.k.a. NihabAshi...

I hope you are correct that NPP is perhaps just on vacation or something.

It would nice to see him come back to his thread to see that there
are still some who want to participate in it (as they are)...

 

I have the exact same questions and I'll post my parameters below.

First I want to thank No PM for his time and effort. I've read both threads twice.

I also noticed the nice setup at the end of trading today, and caught part of it only, (1/31/06), so hopefully my settings are correct. {The one question is that the ADX on my chart wasn't over 30, but it was very close. I will try to attach the chart. I hope it works.}

I use IB and Sierra Charts and this is how I have it set up. Any corrections, clarifications or suggestions are appreciated.

1. ADX:
DX length 14
DX Mov AVG length 14

2. Keltner Channel:
Keltner Mov Avg Length 20
True Range Avg Length 2.5
Top Band Multiplier 1.6
Bottom Band multiplier 1.6
Keltner Mov Avg Type 0

3. CCI:
Data Item HLC AVG
Length 20
Multiplier 0.025 (I'm shaky on this one)
Line 2 Value 100
Line 3 Value -100

4. Parabolic:
Start Accelerat Factor 0.02
Acceleration Increment 0.15 (Not sure)
Max Accelerat Factor 0.2
Adjust for Ga[ 1=yes 0=no 0

I'm not sure if I have the CCI and Parabolic settings right.

Thanks for any input. Great thread(s).

 

Charts aren't loading for some reason. I must be doing something wrong.

 

There is no right or wrong settings, I suppose, but my settings are a bit different than yours in these:

2. Keltner Channel:
Keltner Mov Avg Length 20
True Range Avg Length 2.5 [ I use 20 here]
Top Band Multiplier 1.6 [ 2.5 ]
Bottom Band multiplier 1.6 [ 2.5 ]
Keltner Mov Avg Type 0

3. CCI:
Data Item HLC AVG
Length 20
Multiplier 0.025 (I'm shaky on this one) [ 0.015 ]
Line 2 Value 100
Line 3 Value -100

(For Parabolic, I have the same settings)

Good trading.

 

no setup today....but here's a potential setup for tomorrow morning. My trading timeframe is 630 pst - 1315 pst.

 

ok...here's this mornings setup....2-2-2006....we'll see how it works out.

 

Looked like a set-up to me.

http://i1.tinypic.com/n2ln3p.jpg

 

Nice clean charts. Did you take this trade?

Can this be automated using Amibroker using IB?

 

.....but did not go anywhere today. Better trades down the road.