You can get B% charts at www.stockcharts.com. Also check out www.investorsintelligence.com who invented the B% charts. They also have RS charts for stocks and their sectors.
Holy Grail, My 1st post on this thread......I have been following it for a while, and have purchased 2 books on the subject (Dorsey - the book is good, but he tries to promote his services too much, and (Du Plessis - this is a great book !). In any event, I have a quick question for you. When you trade ES using P&F, I see that you use 0.5, 0.75, and 1.0 box size. For the purposes of day-trading or scalping ES, are you using a 3-box reversal for each of the 3 box sizes ?? Hence, for this instrument, are you just trading based on these 3 screens (0.5 x 3, 0.75 x 3, and 1.0 x 3) OR are you using different variants of the reversal size as well ? Also, if you trade YM intraday, what P&F parameters would you recommend for that ? Many thanks in advance, and thanks for putting so much detail into this thread. Best Regards
both are excellent and I am a member of investorsintelligence, however, you have to subscribe to them, stockcharts can be free if you don't need the paid features
hayman, I can't speak for holygrail but I day trade with P&F charts and it looks like he is doing something similar to what I do (using different time frames). So if you were asking me...then I would answer yes, you have all the charts up at the same time and you are watching all of them, the different box sizes give you different time horizons and filter out noise differently. I mostly use a reversal of 3 on my charts.
Haha, I know, I'm trying to get some preliminary feedback - how can we make this study useful? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=264717 http://books.google.com/books?id=6D...g=_jh1WFDdU5XURB9Ej-U-AvkXv3A&hl=en#PPA210,M1 (ch 5 has research on profitability) I'm not sure if this is new material to you guys.
Hello johnpinochet, The most common box sizes that I trade are: HSI: 10 For HSI it varies between 8 and 15 to characterize the price behavior, but I almost always feel more comfortable at 10 for trading. SPI: 2 or 3 I prefer 2, which offers more trade opportunities, but 3 offers cleaner signals. You can only trade 3 on volatile nights. STW: .2 Not my favorite index to trade. It doesn't trend as long as the SPI (but it doesn't have as many false breakouts either). It also doesn't have the noise of the HSI that makes it so easy to get in and out of a position. It does often have one or two big moves each night. .2 let's me scalp a bit, and get in on the significant moves.
byzantium, Thanks for the info. I've been looking into the Asian markets for years. I just haven't gotten around to setting up charts and studying them in great detail.
If any one tracks this market I would really like to hear your comments or even better please post up a chart with a few annotations.