My only edge is technical analysis

Discussion in 'Trading' started by traider, Aug 2, 2024.

  1. Steve777

    Steve777

    I should point out that this quote inertia quote is what the volatility models actually capture I have no vested interest in anyone using models or not I'm just pointing out the fact
     
    #101     Aug 5, 2024
  2. HappyDays

    HappyDays

    Who said that it lags? It isn't a standard indicator.

    Its impossible to repaint because the trade triggers only when price goes OUTSIDE a band.

    I use it on 2 timeframes so my entry is on the smaller TF trigger, only AFTER the higher timeframe triggers a signal. A lot of the time I find it is pretty good for exits as well.

    If anyone thinks that indicators lag or repaint, then you shouldn't use it.
    Simple.

    1 minute chart

    bands m1.jpg

    1 hour chart

    Bands h1.jpg
     
    #102     Aug 6, 2024
  3. schizo

    schizo

    Just wondering, what band is that exactly? And how do you enter and exit? Do you use stops and profit target?
     
    #103     Aug 6, 2024
  4. traider

    traider

    where can I pay for sub to inertia quote as a service?
     
    #104     Aug 6, 2024
  5. Steve777

    Steve777

    F*** that s*** I ain't providing services for anybody. You can pay me for the right to use some code and make your own service though but don't bother me with it as far as doing any sort of IT stuff or anything like that. you have to be smart enough to use the API. If you pay me a ton more I might agree to respond within at most a week to queries that are properly formed
     
    #105     Aug 6, 2024
  6. traider

    traider

    But why not sell the shovels to the prospectors and become top megacap like NVDA
     
    #106     Aug 6, 2024
  7. Steve777

    Steve777

    Because I don't want to be in the IT business that's not what I do. In no way shape or form am I going to be providing any sort of services like I said whoever has the resources and the knowledge to use the software I provide can purchase them from me and they should have no problem integrating them into their system given that they will have access to all the source code and if they want to hire me to help them integrate or something that would be another deal but licensing the software in general is where it's going to pay because it's going to be per ability to pay so if Morgan Stanley is going to use this well even a small percentage increase would be worth a ton to them so that's just an example but I just mean there's probably 30 other companies that could use this because I would be very surprised if they had something this high quality and high performance in house and as efficient in the sense that it doesn't require CPU clusters or anything like that applications that do require that is just stupid s*** and bad design most generally usually
     
    #107     Aug 6, 2024
  8. SunTrader

    SunTrader

    I wouldn't say wrong.

    More like right to a certain extent but can never get it dead right - stuck at that level, never to change till new news comes out once again - obviously.

    "Don't fight the tape" and "Price is king" I follow.
     
    #108     Aug 6, 2024
    Steve777 likes this.
  9. Steve777

    Steve777

    I'll reconsider after these back injections or if I have to get another surgery then things annoying me I can't think of responding to anyone else's demands I haven't set an alarm clock since 2018 and I'm not going to start now
     
    #109     Aug 6, 2024
  10. shine

    shine

    On this minute chart, if we bought after the price crossed the lower band, would we get a stop loss??
     
    #110     Aug 6, 2024