ProfLogic's Method

Discussion in 'Strategy Building' started by El Guapo, Nov 24, 2008.

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  1. What kept me out of the first entry was the fact that your entry chart (343) ERG oscillated BEFORE your Trading chart Histogram entered Prime. The process says you must have the Trading chart Histogram enter Prime first, then enter on the Entry chart ERG oscillation. The process is really objective and is purposely constructed to keep you from THINKING. Trust me when I tell you I've shot myself in the foot numerous times THINKING instead of LISTENING or READING the chart.

    My first PF occurred at 11:11:14 am & my second PF occurred at 11:11:48 am.

    Comparing a variety of chart increments will give you more opportunity to profit from all chart increments. The 16807 set up a valid but weaker, short from the top at 874.00 which has continued and is still valid. Your entry at at 871.00 is solid and your current stop would be 864.75 or an exit at the Histogram PPF at about 861.00.
     
    #291     Jan 13, 2009

  2. I've been working a whole fractal higher - didn't realize you went into that fine a detail, using the 343.

    But here's a nice 2401 CVB trade, I think even following the rules... too bad I didn't do the reversal though.

    - palinuro
     
    #292     Jan 13, 2009
  3. pismo10

    pismo10

    Could you post a 343 chart when you have the time. I think my ERG histo is off.

    Thanks
     
    #293     Jan 13, 2009
  4. pismo10

    pismo10

    I find the 343 so choppy it is hard to work with. Constant signals and oscillations.
     
    #294     Jan 13, 2009
  5. That is a valid trade but its even better when the Histogram oscillates in Prime or at least below the Zero line.
     
    #295     Jan 13, 2009
  6. The 343 is ONLY for entries and exits. There are no trading labels or histogram on that chart either.
     
    #296     Jan 13, 2009
  7. Damn glad you are feeling better.
    Call me Saturday around noon, I'll be doing the Swing charts.
     
    #297     Jan 13, 2009
  8. Jander

    Jander

    Wanted to take a stab at labeling some things today. I know the ninja ergodic is still way off, hopefully doesnt affect things too much.
     
    #298     Jan 14, 2009
  9. You seem like someone with a lot of experience annotating charts...:)

    Re your (and other) PMs, your oscillator is using the eco for a histogram rather than the difference between the eco and the signal line.

    My code is too much of a mess to upload right now, but try the ECOH version from the NT forums.


    HTH

    - palinuro
     
    #299     Jan 14, 2009
  10. Whisky

    Whisky

    This is my chart. It is a chart that LOOKS right. It is a WRONG chart for reasons that I don't wish to discuss. When it is exactly right, and the code is clean, I will give the code to Prof for him to distribute at his discretion. Coding in ninjatrader is not a straightforward endeavor for many reasons.

    JW
     
    #300     Jan 14, 2009
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