This thread is absolutely great and has caused me to sign up to elite trader. please keep posting the examples and musings. I started off moderately unconvinced by the theory but am now following along with great interest and may well have to reread the whole thread from the start more carefully. In addition to the system there are other great ideas on the thread such as pushing bars from extreme right edge of screen etc. Mak's last post re gravity was particularly pertinent, I must lose my perpetual slight bearish bias induced by misplaced gravity analogy and may turn charts upside down for a bit. If you use ensign and are interested in prv you can set up a screen with constant volume bars with at the bottom bars showing the time each bar took to form - this might be useful in graphically showing volume momentum and I'll try to find the link. I believe you can also set up a study to graphically display bid/ask volume which might assist in dom analysis? As a random question and this may have been answered earlier in the thread is the length of a channel estimable in advance at all by either volatility/angle of channel/confluence with longer term channels? Having said this I understand you are using volume and volume momentum behaviour as the key indicator of possible channel change. Also none of your charts have macd or stoch indicators on them - do you think adding customised MACD (for strong vol/trend) and stoch (for range/low vol) to the mix moght be beneficial or just confusing. Anyway thanks for all the great posts. Eagle 8
Still getting used to referencing by bar number... thanks for catching! I appreciate your encouragement... I'm learning more each day from you, Grob, and all of the other posters.
No Prob... Here's an a index chart that I keep up in the background to reference the bars. I just cross ref the min with the hour to quickly locate the bar index. If your excel savvy, you can DDE the time and rewrite the "Worksheet_Calculate" function to auto highlight the proper index (ie. range.cell.color.index=1 or something like that)... Kind Regards, MAK!
Good luck in the afternoon, gotta go! tommorrow i will probably go out in the countryside to pick mushrooms, autumn in sweden, so you have to tame the beast without me! thanx to everyone, Stalker
OT but FWIW, 20pts a day with 1 contract is the equivalent of my gross day's wage at my day job. This year is a bit diff since I went thru a handsome IPO. So you see how I am carving out the work ahead of me to get the job done. Thru bar 47... HO HUM... SOP. MAK!
I guess you have not been reading Jacks post very long because if there are two things on this earth that I am sure of it is that there is no way in hell Jack could disquise his style for long and the other is that he would ever do it. He changed his handle twice for logistic reasons but he never made a secret of who it was.
Oh no, I´m exposed... Wasn´t that eddie murphy movie from the eighties, Trading places, about futures trading? I might go undercover as "Inga from Sweden"...
BA/Icarus/Grob... Is the following close to your str/squ values... http://www.indexarb.com/ TIA MAK! Thru bar 55...
WHOA... Is there news??? Had to wash and reverse as I held onto the 2M to continue the direction... Volume & tape at work again! Thru bar 58... MAK!