you are absolutely right, thats what they are,,,, I use them to smooth the calculations of range, stops, trends etc.. kindly Rafael (spain)
hypo, are you and doaks one and the same then? anyways i did not intend to be nasty. actually the recent pages here caught my eye ... contentwise ... do well.
Seems like you enabled the death yourself, with the jokey tone and encouraging the silly tavern humor. Can't have your cake and eat it too, dude, so pick a serious tone and stick with it if you have a serious point to make.
########################################### Sr. Cator sounds and looks very, very interesting although I'm not sure that I understand everything as far as the changes are concerned. What I see is a 1 tick chart - correct? And what do the changing colours in your chart mean - rosé - green or r. + green? Thank you. Ch.
In trading, there are several successive conditons to be able to consider. As you saw in silvermotion, a lot of the time signals were missed. This puts a person at risk because he is NOT detecting SEQUENCES. HA is a leading indicator of a function "resume". To translate that into Joe Doaks speak it means assigning "the most important bar" to a particular type bar. Lets make this bar a really terrific one. I'll define it with green text. Then you will see the value of your Q. the most important bar is the one in the sequence that tells you two things: something hasn't happened before it appears and, second, something will happen after the bar appears. Coding this bar is easy and part of the code is to ID the bar at the exact time this certainty occurs. Cator is swift and you see that he precipitated a large quality shift in the thread, technically speaking. he realizes that there are times when nothing is happening and subsequent to this period a trigger occurs. Nothing happening is defined as no money being made as time passes. Losing money is a trivial case as is well known. we are chatting here as Spyder said at the 6XATR. Trigger is defined as a "resume" function meaning making money has resumed. In the silvermotion example there are many many fake outs as you see. A fake out is doing a couple of trades where the net progress in making money is stalled because the costs exceeded the profits. This is just a coding error. Traders need to maintain composure as time passes. and having a most important bar (again J Doaks parlance) can cement that composure in place. The most important bar keeps the trader at ease when nothing is going on and alrets him that there will be an action required in the very near term. to keep this at expert level I suggest that as the time comes for the most important bar, coding automatically down shifts the trading fractal time after time. So we have a fractal to monitor as nothing is going on then as "end effects" of nothing get ready to appear we move to faster and faster fractals to preserve and "adjacent bar' measuring stick that is more and more sensitive. Let me put the simple measurement on the table. I'll do it in red text. during nothing going on each successive bar is not outside the prior bar. "inside" means something different than not outside to coders. I mentioned the 13 signals that Hyp missed in his "intensive" thread but I did not do it in that thread. It was inresponse to a personal jibe at me while he was making a technical error. A person can list on note paper the 13 signals. I'll do a few as subsets: pennants, stalls, all internals of trending. Extremes as in silvermotion partially developed signals are not what is on the table. Extremes are secondary to the "resume" function for making money on an expert level. end effects of trends are less important than the "resume" function. Why? From a coding point of view the resume function (this is an arbitrary name that cannot be searched easily) is what screws up and fouls up coding by burying real signals and by giving false signals ofr ordinary people trying to get coding to work. This undetected combo causes endless debugging loops to occur. A seeming solution to one problem always seems to bring back a formerly solved problem in the debugging process. generally people put low quality bandaid type solutions in place and as a consequence they creat a homogenous mud of loops that further cloud true high quality solutions. What this highest level signal does is keep the trader in a position as the money making "resumes" at the least trading cost for linking a hold/reversal strategy turns. Most all systems of trading sold by vendors as courses or software emphasize simplicity and it often borders on PA only. None of these offering deal with a trade resuming after a short interval where no money can be made. They all put the trader on the sideline and he stays there for a whole period of time until the next ENTER signal. There is no enter signal after the special RESUME bar appears. Take Joe Ross for example. Look at his ratio for trending and chop. It is quite a bit off. Why? Joe cannot recognize a part of the trading day so he puts that part of the day into a category that is not a traded part of the day. joe always has an early exit on trends; he shit cans resumes and keep the trader on the sideline during chop that follows the resume and his early exits. He is avering that chop is 85% and trends are only 15% by this stupidity. This thread is the most important one I have ever seen on ET that deals with a singularity. That is because Cator high lights the most important bar as a prologue to the ATS solution that can be applied to take advance beginner methods to intermediate. There is also the possibility, if other remedies are added to mediocre methods, that this can then be injected to take them higher too, say to advanced intermediate. Expert trading has to include the resume function and there is a whole set of other facets that are assembled to get to expert and the 6 times ATR level.