Recent content by Marx

Thanks for that, Kon. It seems like a lot of folks on this site just want to be critical of others, rather than trying to be helpful and contribute something positive and supportive. It is refreshing to have people like lescor, who are willing to share some of their knowledge and experience in...

I have not used this program, http://www.elitetrader.com/so/?action=view&SR_ProductID=73 but it seems to have some favorable reviews. There is a module called Odds Maker that enables backtesting. I think they also have a free demo, so you can check it out before you purchase. If you find it...

Do you wait for the signal to be confirmed by a MACD or some other indicator before you enter?

That's a good point and I think you are probably correct, if all you use is the Williams %R and/or MACD, but as we all know, there are no 100% right all the time indicators. Aren't we all just looking for what will give us an edge, and then after that it is just a numbers game (to a certain...

IronFist, I'm not sure I follow you. If the indicator works to get you onboard, especially if it is the beginning of a big trend, then why would I care if the indicator stays in the overbought or oversold area? If I am on board (in the correct direction of the trend, of course), then at that...

From what I have seen, and I am fairly new to this so I have not seen a lot, it appears that the MACD works better for some commodities than others (I've been burned a few times trying to rely on it). I can see how it appears to work well with the Williams %R. I am doing more position trading...

That is what I am seeing as well. It appears to provide a signal a few days prior to MACD.

Thanks, DrPepper. I did a little backtesting with it to see how it might have worked and it appears that if used in combination with the MACD to confirm a buy signal it could be helpful. I also look at RSI and for detrended overbought/oversold conditions as well. There is certainly a lot to...

I was just reading the article in the March issue of Futures mag about the Williams %R indicator. The article explains using this indicator for ETFs, but I was wondering if anyone has had success using this indicator for commodity futures.

I have been researching different ways to trade futures with a self-directed IRA account and was considering going with Entrust or Millennium. They both charge annual fees ($250 and up), as well as numerous additonal fees for just about everything that you might ask them to do for you. At the...