Hi, I have some problems with this file. After enabling macros it says this sheet has connections to other datasources and if I want to fetch the newest data, update or no update. If I click update it says external data not accessible. Do you want to start the application MYID.exe. If hit yes and then it says MYID.exe could not be started. Then I can continue. This doesn't sound normal but it does seem to work but my PC runs at 100% when using the PRV sheet making it unusable. Anyone knows what's going on? thx Ivo
If I remember right when I first started playing with this I used to get the unable to connect thing and after cliking no it would eventually start. After awhile it did not appear any more. Dont know why this happens. However it does not use much resources on mine so something else must be wrong.
Ivo, Hopefully this answers your question. I am referring to the 2 bars highlighted by light purple rectangle. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1373636</img>
Indeed it was. What you did was neither right nor wrong, it depends on what your intent was. You established a downtrend with your pt3 and went short. That's fine. If you were/are/meant to trade on the forest level you would stay short. If you were trading on the tree level (the dominant and non-dominant traverses) you would have reversed at some point. WHile price was heading back toward the LTL, no FTT had yet occurred so there was no need to exit or reverse.
Folks, What is the correct action @ bar 15 (the bar ending @ 10:45) through bar 18? The forest level trend is down and bar 15 touches the LTL on high volume. Then bars 16 and 17 retrace to the RTL on lower up (black) volume. A resumption of the downtrend (or at least a potential FTT somewhere between the LTL and RTL after a brief down bar) was what I was anticipating at this point. However price continued going upwards after BO of the RTL and eventually stalled on bars 19-24. Bar 15 cannot be defined as an FTT because price did traverse to the LTL. So at the forest level, when does one shift from short to long? Bar 18 (ie on the close > RTL)? The only advance warning clue I found was the high black volume on the 10:46 YM bar; is that single piece of information sufficient to indicate a change in trend? TIA.