Recent content by hekktor

Thank you! Can you give more details on what you mean by conventional TA? Is it chart reading using subjective patterns like cup and handle? As for TA on multiple time frames, I recently came across advice that confirmations on multiple time frames are better. On some other examples, I also...

Thank you! I'll definitely keep this in mind. I've read a book about something related to this (Anna Coulling), where market makers come in cycles. It looked at volume as an additional indicator. I haven't seen myself trading with this framework in mind, though I learned to accept that I can't...

Thanks for this countryBoy641! I will learn as much as I can with the free resources, and I will definitely reach out in the future, make the most out of your help :)

I appreciate the discussion on price action as a forecasting tool! I understand that many technical indicators like the MAs reflect previous price movements. I also agree that fitting a curve has predictive potential, through likelihood of occurrence. Nothing is certain, but other behaviors...

Super. Thanks a lot, Scataphagos!

Very helpful! So somehow many people are trading this ES (it's actually the first time I heard of it :p), I might have to take a look soon.

Thanks for the book recommendation! I do believe it's a matter of time and practice until I find something I'm truly comfortable with. I'll develop a framework and understand more rules until then.

I agree, I know I have to be comfortable looking at a lot of charts! Right now, I'm on a TradingView subscription. It's pretty neat, has custom timeframes, can backtest strategies, and has a screener. There are some things I still like to analyze on a spreadsheet such as comparing...

Very nice read. I've noticed a few cyrpto assets that are somewhat correlated with Bitcoin, though I have not found (yet) any with a time lag on the daily. I've read into volume (PVSRA). I think there's a benefit in factoring this in, I did look at it briefly in lower timeframes, though it...

Yeah :( Failing on future tests means I still need to work on it some more. Hopefully I can figure this out soon!

Do you have estimates on what a frequent enough setup should look like? If trading full-time, on the daily timeframe, how many trades do you usually execute on a daily/weekly/monthly basis?

I tried backtesting something like this, e.g. when 3 out of 5 indicators are hit, etc. It's very complex to test, so I did not go further until I have a good automation platform to test combinations. :( I like that simple approach though! For sure easier said than done, so I need to practice...

I'll start paper trading, and I won't be putting in a large capital for now until I get it right. I also read about trading sufficiently large $-volume assets when starting out, so I'll stick with those first. Hopefully I won't run into liquidity-related issues but thanks for the tip!

Agree! I've been doing backtests continuously, though I am not sure how to properly quantify what a good enough positive expectation is. Like there's always more to test, and I usually end into that spiral of making backtests more and more complex. I also doubt myself at times, and is...

Thanks! I'll have a look at this.