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Perhaps not an emotion, but I'd vote for ignorance/ego and maybe arrogance / audacity ("I'm special"-mode). Getting into trading, most plunge without knowing what they're diving into. This is the most dangerous periodwhen starting, because it may scar you pscyhologically to have catastrophic...

Also you may want to research auction market theory, price discovery, demand and supply.

Worst case scenario: Write indicators/plots for counting and then use the counts from previous bar, ie. (UpperCount[1] + 1). Can try a simple hardcoded indicator first. Then maybe you figure out later how to simplify it. Such scripting languages makes me glad NT uses C#.

Dunno the language, but just increment counter whenever High exceeds upper bound and increment another counter whenever Low exceeds lower bound. This is usually accomplished in programming languages by assigning the data variable's value to itself and then by modifying the final value. Ie.: X =...

If the parameters be truly non-temporal, will they ever change? (Sorry, watched too much Star Trek in my time! ;))

Without a period, it wouldn't be a moving average anymore. However, how you choose to average is entirely up to you (which maybe is part of the problem - but also endless possibilities).

How price moves, what may move price and how inefficiencies can be exploited, must be studied, internalized, iterated upon and practiced. Simple breakout/consolidation-systems, what are they based on? Not everything: a diagonal or horizontal line being broken or containing price action? May not...

It's either the market, or it's you. You can't fix the markets, but you can fix yourself. Just be sure this is not expected behaviour from your trading plan, otherwise all the psychology in the world leads into a blind alley.

I haven't tried manually charting, but I suspect you are right about that, though I'm beginning to have quite a bit of screentime (chart analysis). Speaking generally here, so please don't get caught up in definitions of words and semantics: Our brain picks up nuances, and as you say, this can...

Feelings lead to analysis. At least for me, the frustration of banging head against wall, lead to more analysis, hopefully more and more in-tune with what price is doing. What I mean by that is, beyond simple SMA(X)>SMA(Y) and RSI(2) > 80 signals, but not disregarding such possibilities either...

What it might depend on, is years of patterns, our psychological makeup, experience, aquaintances, upbringing, wealth, hardship, etc. So these patterns both enable and limit us. When they help, it's comforting, natural and efficient - much more so than thinking about all the details and putting...

When you know the full extent of your foolishness, you're ready.

@drcha : Is there some type of activity in your life where you just "know" what to do, even though you have no basis in fact or experience that you know of (consciously)? And when you follow this "inner voice", it usually turns alright or just as it should, even though you had no way of knowing...

a) Supply decreasing, which means relative demand is increasing even if just de facto b) Shake out weak hands - actors in the market that sell when price drops c) Could be climax, could be drop - weekly traders selling? d) More commissions? If everyone's buying and holding, less transactions and...

Depends: Do you actually need any features of a DBMS (mysql), or do you just need to access a persistent but mostly static "list" (csv)? Ie. do you need the CRUD-features and/or transactional support, or just to read in mostly the same data? Though, if I really needed a DBMS, I'd go for...

Good points. Though, you forgot at least: 5) Deploy 6) Maintain solution 7) Remove solution Anyone in Operations will now see that you've made 4 perfect points, and already more points may be added. If you ask business side, they will add at least 80% of the time spent during the whole...

Nothing in Agile Manifesto says you need to implement Scrum, or do anything in particular, only a strong preference for good and sound cooperation in . Unfortunately, managing developers is a hard problem. If you leave developers by themselves, they won't solve business problems and over time...

Sounds like a multiple timeframe system. Do you have mechanical rules where you take ALL signals on all possible permutations of allowed inputs (entry & exit), or is there some discretion where you ignore or break rules? To me such complexity sounds discretionary. Rules might be easy to...

Many ways to skin the cat, or look at a cat in a box :rolleyes: Tharp doesn't trade himself as can be confirmed in this interview: http://www.donttalkaboutyourstocks.com/market-wizard-dr-van-k-tharp/ It was fascinating to learn that Tharp doesn’t actually trade himself, despite his vast...

Agreed, however it is often better to reconfigure in code as in practice parameters are often limited. Especially for trading systems one should avoid optimizing through multiple parameters, so as to avoid overfitting and selection biases. The more parameters being optimized the worse problems...