Trading For Living - S&P 500 Market.

The only data I have access to is from my Interactive Brokers TWS. If you open a "Market Scanner" tab and select "Market Statistics" it gives you most of this data.

Thing is, it shows advancing issues and declining issues as separate line items and doesn't have an explicit "A/D line". Theoretically there's a symbol "ad-nyse" that shows this, but it doesn't work.

Another indicator on this screen is the TICK indicator; it's related to this and gives a more real time feel for sentiment.

 

Has it ever occured to you genuises that maybe she's using a CUMULATIVE adv/decl indicator?

 

You trade as ugly as you look?

 

P/V lags also by the time you see it on your chart or T&S and certainly after you try to digest its meaning. The brain lags, hence computerized trading.

 

It occurred to me. But on a down day for instance, it would need to keep declining since every 5 minute reading would make it more negative. Looking at the example Becky posted, it didn't look like it was doing that. In fact, it looks like it takes a difference between A and D, then plots the difference, every 5 minutes. What you can't account for is the Difference.

In any case, someone ought to be able to tell us how this indicator is constructed.

OldTrader

 

Here is my first trade in July:

03 July 08

 

can u really trade 4 living earning only 2 pts each time or is this just one of your many strategies u trade?

 

This is the only way I trade

I average about 15 points a month.. I trade 8 contracts that's about $6k so yeah that's how I earn my living

Most of the months tho I average about 25-30 points because I get to catch a trending day and ride it till the close.. I do that when the ADVDEC signals a very strong signal in the first 15-30 mins of the day...

 

Not that it really matters much to your strategy but your exits are typically my entries. I was also long on the two bottoms from earlier in the day.

 

With your discipline and patience there is no reason why you can't make A LOT more money. Just a random thought.....you should add an additional setup to your repertoire (I probably butchered that word ), that also has a high prob of winning, and trade a little more actively, and make more money. It sounds as though you have a tremendous amount of potential. Why not put that to work more often?