Iterative Refinement

Discussion in 'Journals' started by Spydertrader, Jan 3, 2008.

  1. Thanks romanus! Spy doesn't make mistakes, and I searched for bar color rules but couldn't find it. Thanks for highlighting this enhancement for me.
     
    #3041     May 3, 2008
  2. Mikel

    Mikel

    My chart for Friday.

    Noticed a lot of IBGS's today.
     
    #3042     May 4, 2008
  3. brandx

    brandx

    Thanks for the redirect posting information.
     
    #3043     May 4, 2008
  4. ehorn

    ehorn

    Spyder.... "I see you have constructed a new lightsaber... Your skills are complete... " :D

    What is up with that !?!?!?! Looks pretty whiz-bang... So does the S/W automatically calculate the current Pace figures too?

    Man, we are writing on stone tablets and you have a cray :D
     
    • prv.gif
      File size:
      21.7 KB
      Views:
      249
    #3044     May 4, 2008
  5. .

    The software has an option to highlight the largest Bid / Ask size on the DOM or Highlight all DOM Levels and place these levels on a Price Chart. I prefer to Highlight only the largest size. See attached.

    I have not yet completed the automated process for calculating pace levels, for futures, at this point in time. However, I do plan on having such functionality completed in the not too distant future. As soon as the Equities side of things reaches completion (automated culling, Automated Rank Calculations, Automated Pace and Automated Sorts), I plan to finish up the Futures Side of things.

    - Spydertrader

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1908999>
     
    #3045     May 4, 2008
  6. ehorn

    ehorn

    Ah, Gotcha...

    How do you like it?
     
    #3046     May 4, 2008
  7. astral

    astral

    That's pretty nifty there, Todd. Are you calibrated yet?

    Are you solely calibrated to the bar Chart? I mean, it seems you never recall the tick charts..

    Nonetheless, pretty cool:)
     
    #3047     May 4, 2008
  8. I like it very much. :)

    The option to have the DOM Walls highlighted to a Price Chart works on any trading fractal - including the Tic Charts.

    Since most people following this thread find themselves on a certain resolution level (with respect to determining continuation or change), and as a result of that resolution level, monitoring the coarse and medium level tools (ES and YM with rare use of STR / SQU), focusing on DOM Walls and Tic Charts (the finest level tool sets) places the focus on areas unnecessary for achieving profitability. In order to avoid the tendency of humans to want to rush to use all tools available, I have chosen to defer from the molecular level discussions and focus on "the bigger picture" - context, sequences and WMCN.

    One should only use the finest tools for 'carving the turns' during the trading day. However, I recommend reaching a 'plateau' of profitability before heading further down the rabbit hole.

    I'll have more information available on these tools, for those with an interest, as we move forward, and in a seperate thread so as not to derail the current discussion.

    - Spydertrader
     
    #3048     May 4, 2008
  9. astral

    astral

    It's just so awkward to see MAK doing the EXACT same thing back then as I'm doing now. I love debriefing and digging further down the rabbit whole.

    On the other hand, It's beautiful to see this thread grow, because at times I have the tendency to remain in the rabbit whole (which is major fun:D ) and restraining myself to become an expert on "the whole 9yards", so to speak.

    Anyways, great work spyder.

    I'm enjoying my adventure through the jungle. Especially the correlation between inter market pairs combined with Str/Squ concept.

    btw, as the Grob/hershey thread came to end, I never saw where he ended his journey. Are there some interesting correlations in the Bonds market? forex? I bet!

    Oh man, You have no idea how driven I am, but for now sticking to channels/volume calibrating!


    ps: I've been getting used to a new form of PRV: The volume on the tick charts a long with "time bars", it's the equivalent of BARS compared to TICKS. Like the mechanism of PRV. In my opinion it would help them who use the PRV concept quite a bit.
     
    #3049     May 4, 2008
  10. Avi 8

    Avi 8

    Somehow, I don't think so. MAK understood the 'hole' '9 yards' from his previous endeavors, then went on the master futures.

    Good luck.
     
    #3050     May 4, 2008