Recent content by excav8tr

See Here for setting up Quote Tracker Range charts.

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Set up for QT range charts. Open a chart of the ES right click in the chart and begin by clicking Chart Type then choose Range OHLC <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1556189> Next right click in the chart again and click on bar range then choose custom...

1 Download file Pr0 linked to called STOCKS.EXE 2 Shut down QT 3 go into Program Files > Quote Tracker > and delete the folder named STOCKS.EXE that is there 4 in place of the above file put in the new STOCKS.EXE that you downloaded. 5 Restart QT > then do as AVi has suggested...

Sorry for the confusion, it charts the dollar value of the portfolio (long YM / short INDU). I am unfamiliar with the paint bar function... but I will look into it, thanks for the suggestion. Excav8tr

This can be done.... 1 set up a separate portfolio call it strech squeeze 2 Enter in symbol for YM then symbol for INDU 3 in the quantity field enter a 1 for YM (Long position) 4 in the quantity field enter a -1 for INDU (Short position) 5 save the portfolio 6 once you bring up that...

Right click in the title bar of the INDU chart and the bottom most option is translucent > click that and then you can set the translucency by using the slider.... Then just put the chart of YM behind it :) Regards

Great post Spy Just one missing element you overlooked..... I know you meant to list it but you happened to omit CHANNELS!! Channels should be annotated on three levels.... now you got it, great we are rolling..... :D Regards, EX

You beat me to it :)

Once you have identified 1,2, and 3 the RTL is set in STONE (meaning no adjustments) the adusted pt three is used when you are forming a completely new channel and all you have to work with is 2 bars of data at a pt 1. You draw in the light lines ..... but you KNOW that this is only a traverse...

[/B] I was attempting to bring your attention to the fact that a 2bar channel is preliminary meaning the slope is usually not sustainable, I DO NOT mean to suggest that you move the initial channel, but instead regcognize that the new BROWN channel uses both the new information and the light...

oops... no VOLUME in that previous chart, you can check the volume sequence here for the morning in question.

LB .... can you see the light red channel depicting the short traverse, it is drawn in using NOW (prior days close and bar 1 of the new day) Great now you see it .... the volume tells you that the direction has become dominant, the retrace volume slips in as we move through bars 4,5,6...

once established, there are three parts Congestion, Convergence, and Centering.... your points are identifying a traverse of the initial Congestion the volume is suggesting a drift downward into Convergence and centering. Once CCC is identified you should be able to draw a lateral channel, this...