TA question often asked... "Do trendlines work"?

Discussion in 'Technical Analysis' started by Scataphagos, Nov 21, 2023.

  1. VSTscalper

    VSTscalper

    Just a warning - I see the Post above - #138 - I am a really bad guy - if I was you - or anyone else - I would avoid me - again - just a warning.
     
    #141     Nov 30, 2023
    NoahA likes this.
  2. NoahA

    NoahA

    Have you ever run one of these algos that you so easily share with us live? You assume that you can get out break even when a trade doesn't work, but in reality, if you have a limit order, price will blow right past you, and if you have a stop order, your fill might be ticks away. Your algo only works in fantasy world.
     
    #142     Nov 30, 2023
  3. SunTrader

    SunTrader

    Most get the line part right but forget the second component .......... trend!!!!!!!!!!!!!
     
    #143     Nov 30, 2023
  4. themickey

    themickey

    It sure gets confusing at times on ET, dang difficult knowing who the bullshitters are, it's not easy.
     
    #144     Nov 30, 2023
    NoahA likes this.
  5. VSTscalper

    VSTscalper

    Noah - SunTrader - themickey - you are all welcome to come into a Zoom Room - we can talk about Slippage - and other things. If that sounds fair - then I will set up the room. Each of you would need to send me a Private Message in ET - I will send you the link. I don't want a bunch of other traders coming into the room. We need to arrange a time - my lady is doing Christmas stuff - and if I am NOT doing something else - I will have to help her. Actually - you three - could become my Saviors - get me out of work.

    By the way - I use Market Orders for Entry. How do I get rid of Slippage - on Entry - great question - if that is your question. I don't want to give away too much information - but I will offer some. I do include Slippage in the results. Think about this - I want a certain Price - on Entry - so in the Code - to get rid of Slippage - as much as possible - it will do the following.

    Say I want to Buy the ES - at 4572.50 - the Code will wait until Price - Backs Up to a Better Entry Price - X number of Ticks - then goes in on a Market Order. It might get the Same Price - 4572.50 - a Better Price - 4572.25 - or even a Worse Price - 4573.00. Does that make sense? Whatever the "X number of Ticks" - is set at - this helps get rid of Slippage. Having said that - I always put in MORE Slippage that needed.

    I don't want to get too deep into talking about the Code here - as I don't want to give anything away. If my offer sounds fair - then contact me again - PRIVATE in ET.

    By the way - to "themickey" - I am a Bullshitter - hell - I am from Montana - worked with a lot of Bullshit - and learned how to Bullshit - working on Ranches - LOL.
     
    #145     Nov 30, 2023
  6. themickey

    themickey

    No I don't think you are a bullshitter, I never thought of you that way.
    But nothing is impossible on the internet, I mean maybe I'm a big fraud, a fantastic bullshit artist.
     
    #146     Nov 30, 2023
  7. VSTscalper

    VSTscalper

    Dammit - I am a Bullshitter - please don't take that away from me. The difference between me and most on ET - I worked in Bullshit - on Farms and Ranches - so you might say - I have "street creds" - well maybe - "farm and ranch creds" - when it comes to Bullshit.
     
    #147     Nov 30, 2023
  8. SunTrader

    SunTrader

    No thanks. I said my piece, which seems went in one ear and out the other. Its ok.
     
    #148     Nov 30, 2023
  9. VSTscalper

    VSTscalper

    I see you and "themickey" - are in a race - and he is winning - by "2" Posts. I have confidence in you - but then again - I would tell him the same thing - LOL.
     
    #149     Nov 30, 2023
  10. lol I’ll say it, I’m 100% certain that @VSTscalper ‘s real pnl is quite different than his “strategy backtest” shows. I am sure he has “clients” paying for his “algo” and some chat room, and I’d guess he makes far more money selling his “secrets” than he does trading them.

    You can take the man out of the bullshit, but you can’t take the bullshit out of the man. :rolleyes:
     
    #150     Nov 30, 2023
    comagnum, NoahA and destriero like this.