I'm not sure, but I think Sierra Charts does it the best. rainman2(great guy ) made it available to all.
Yeah I know, I just misunderstood one thing, and that lead to a couple of other mistakes. I'm glad I posted the chart.
It seems that the essence is something like this: carefully drawing and correlating trend lines in the price and the volume panes highlight the market pulse, the pattern. We have to be careful not to invent rules. They constrain us into seeing what's not there, and making errors.
Jack, I posted another chart on 11 -2. If you have time to review it that would be appreciated very much. Thanks.
Slightly different here...do not have the premarket but have the carryover from the degapped chart... hth Vienna
the better platforms carry it now. And most platforms can handle the snippets that have been coded up for them. The combo of having a fully operational platform is a real advantage. now they can include: 1. de gapping 2. boxing internals 3. boxing laterals 4. boxing the Outside bar which is a two point generator of faster fractal parallelograms. A system that allows you to annotate swiftly and thoroughly. Not many platforms include what is known as a "global Variable". "global variable means a mechanism for pulling stuff off a platform into a coding platform, doing operations on the remote coding platform and then feeding the results back into the original platform for display. You actually still have to take the "ingredients offered" and put them on a display that you then use for making money. I am set up with 90 degree rotated screens which have their own platforms for each screen. Then separately I have a trading computer where all the POA's I am trading are bundled. This screen also contains the DOM and T&S with several imperfections. My mice are different kinds and are wireless. A have under the counter (the counter is a space for writing and such) sliding drawers designed to hold keyboards. I have four keyboards. They are offset in height a little so they alternate in height and slide over/under each other to lend move firmness. The white oak cabinetry was done in Ohio from totally clear quarter cut white oak. Mennonite cabinet makers worked on the system so that it could be transported and assembel with blind screws and extensions. The slots for screens (five) Rotate through 90 degrees and they are offset above the counter and inset so that I simply swivel to steer and focus to carve the turns. There are many many people who do not believe what I post. Others feel I exagerate stuff. Some people are satisfied with deciding I am crazy. But there are also a community of people who have actually experienced watching or being partners in what I do. The industry is always behind the times, technologically. By the time a person does get excellent at what he does, it is beyond the imagination of most. I do not find that to be unusual. I have seen people who think they are hotshots and heavy rollers not take advice when they were in trouble. They stayed in trouble and felt they could actually compete with me. They got in the hole for 40 mil by the time I arrived. I placed my finger on a screen and said you will be B/E by here, today. That point was reached by the market and was tradable to get them even but they didn't get it done. I stay under the radar as best I can. There is no one who can reverse engineeer me. I am one of those people who was heavily criticized unfairly by a person who then blew up. He was just another person who came and went. Over fifty three years I have seen change. BUT the principles of market operation are just the same as they have ever been. From where I sit, I can read any post and understand where that person is in the infinte scheme of things. What I see most is poeple getting the consequences of their decision making which leads to their incorrect belief systems. Watch "Margin Call" and see earnest Ivy leagers and LSE guys just doing what is done in the financial industry eon after eon. What I do is take money out of their pools as the pool offers everyone the money. The financial industry is just musical chairs for the players. Those huge pools form through persuasion and sales. Automated trading is going to be put on the block by ignorant powerful people. Pool extraction is here to stay, however. No one gets it so far. I think it is fair for ET to have me, as an unbelivable personage, for those who are incapable.
When you degap the chart, do you still annotate yesterdays HLC and levels like that first, or do you not use them?
Thank you for thinking through what I suggested. The final on the mark punch line is that the method of annotating is NOT descretionary. By looking at 405 bars from bar one and using the 10 cases and annotating adjacent bars, you get to build interlocking fractals. And you eliminate any variation from the one thing the market is telling you at any specific time. You will do the messy wok ovr and over and gradually your mind will begin to speak to you. What the differentiated mind can do and does do is prevent any mistakes from being made. There are stages of mental growth. there is NOT a stage called meanial work. Nor is there a stage called "I am a pro at inventing shortcuts.". For various reasons when I would have trading guests, I generally queried them on my narration of the market. The specific question was: "how far ahead should I do narration so that you can see what is going on as it arrives?" Offsets varied, but they did narrow as other's skills improved. In learning, the person does drills to "get it". By doing drills a foundation arrives. A routine is spread across all drills. The routine is always the same so OODA can be avoided. It gets prediction and betting OFF THE TABLE. Some people here cannot see the difference between betting and not betting. That is because the bar is set so low. At some point a stage is reached where the mind adds the subjunctive to the mix. Also around this stage, the mind, formally does raise questions for one purpose. It is the Swiss cheese holes in the mind that the mind is addressing. Our heritage gives us our Swiss cheeseiness. So the mind is specifically tailored to help you. Often our forums asked questions s a way to get the Swiss cheese of participants to wake up and plug holes with less and less descretion and invention. If you want to prove to yourself that you are really ripping along. just reread something that is stored in your three ring binders for a while. It will read entirely differently to your improving mind. Reread your journalling to see how much the emphasis begins to become more and more focussed on what you are doing as a growing person. A later stage is called iterative refinement. You can see Tiki putting me through my iterative refinement do share with him his iterative refinement. So as you begin to see the bars in between the bars you are using, you will get to bear down on the foundation getting itself in place. As you add in a resonable platform that is fully equipped on the 10 cases, you get to better see dominanceand non dominance. When you read the speil on three pairs versus two triads, you get to see how the word consistency is part of a trader's foundation. Now you can take the time to recognize how a flake cannot see what I am talking about. Some day he may even figure out I have written more books than he will aver write. Look carefully how dealing in triads on each fractal level produces a totally interlocking system of fractals. Mush, if I may, There is room for improvement at a very fast pace. You have many many pieces. Now the job is to put the pieces together. Go you understand why they imprisoned the guy (made him sit in an expensive chair next to Demi for 176K plus an hour during RTH.) who slipped the flash drive to the junior analyst. The jr analyst came to the elevator. The fired guy knew the recipient had the curiousity to use the flash drive contents to do a swiss cheese job pronto. All that early evening he plugged into the holes. The boss was able to stop hearing any music (meaning an event was about to happen) Go see "margin call" twice, so you can understand how PEP and its applications frontruns the turkeys in "margin call". Since the SEC couldn't understand I was not a criminal, you can see how what you are learning is really terrific. The SEC became convinced (by my broker's lawyers) I was still a criminal BUT I couldn't know as many and diverse a crowd as required to do all those "insider" trades and no other kind of trades. The last stages of this are really neat. You get to unconscious competence. how does this work? It turns out your mind is very accomplished when it gets differentiated. Trading is like skiing black diamonds with automated skiis. You just take the ride and you carve the turns and get back up into the air to avoid friction. You become the rocket scientist who learns how to straighten his tie in one short overnite. You are in flight now. Do every bar since you have 300 seconds per bar anyway. Don't get bored as the ignorant do.
From Mr Black in the thread on traderslaboratory I got the impression that you can schematically describe the volume pattern of every cycle like this (se chart). Is this correct, or did I misunderstand?