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I'll disagree with that. The openings don't work like they used to because there are many elements of the market structure that have changed over the past five or so years. I stopped opgs every morning many years ago. Each trader must weigh their OPG P/L, time spent implementing, and...

It would be great if you could figure out a way to filter the entries so you are entering on the first pull-back of a new swing, rather than entering on pull-backs when the trend has been ongoing for an extended period and is exhausting itself. The difficulty in programing that aspect of the...

Nice catch on the crude. While the ES has been in narrow ranges, I've been having a lot of success trading the Euro. The moves can be pretty quick and the volatility is higher, but I just adjust by stepping down size.

A couple of comments that might help you out in your search for profits. 1) It has been stated multiple times, in this thread, this is not a system 2) 10 days is never going to be enough time to backtest a system nor come to any conclusions regarding its' potential for profits Part of...

Displaced(0) should be Displace(0)

Try: inputs: Price(Close), FastLength( 3 ), SlowLength( 10 ), SignalLength( 16 ),Displaced(0); variables: vFast(0), vSlow(0), vDiff(0),vDiff1(0), vSignal(0); vFast = AverageFC (Price, FastLength); vSlow = AverageFC (Price, SlowLength); vDiff = vFast - vSlow; vDiff1=vFast - vSlow...

You're going to need to make sure the MACD is using SMA, not EMA.

I'm not switching to the 500 tick chart. I just have it up with the 1000 tick chart. As I mentioned before, the summer months are low volume and you want to use whatever chart is describing the price action in a way that gives you good entries. Today is a trending day, I want to make sure I can...

I hope some of you had success reading the 3/10/16 oscillator today. Here are 3 trades that were pretty low stress. I am watching both the 500 tick and 1000tick. The chart attached is the 500 tick chart. Remember, when we have these big trend days, you're not going to get the 16 line to...

Today was a tough day taking only 1st Cross signals. 9:40am-loser and very quickly. 10:29am-loser and very quickly 12:33pm-scratch 13:12-scratch I was able to squeak out a few winners by taking some long stabs at the retracement levels (14:09pm and 14:34pm). For those, I was watching my...

There are several things that generally happen: Best scenario is that you got a 1st Cross signal as the retracement level is rejecting the price. Or, the 1st Cross signal happens after the retracement level has rejected price for a few bars and starts to roll back over. Nothing wrong with...

Looks like you're reading the market very nicely. Notice how you are always getting into a trade that at least started in the correct direction? One point to make, that low after 10am was a direct hit on the 62% retracement. There was really no other signal for me at that retracement other...

I'm glad it has been of help!

Yep, you will not find this to be a "system", as has been mentioned multiple times in this thread. Sorry you didn't see it earlier as it would have saved you a bunch of time. ie: --------------------------------------------------- 04-30-09 01:37 PM Don't try to test this out. As with all...

I mostly use limit orders to get in and have targets and stops set as oco's. I also try to hang onto a few if I feel the market is strong trending in my trades' direction. If I really want in or out, I'll just use a limit at the bid or ask and get in or out. It's usually not worth trying to...

For me, I don't really care what the "ticks per bar" are. I'm just looking for the "ticks per bar" number that describes the price action in a way that gives me a consistant, reliable entry signal and enough momentum to have a a chance at making some money.

Thanks, IB's feed cannot be used for tick bars.

Remember, everyone's tick data is going to be a bit different. If you're using Zen-Fire, those 1000 tick bars can be a little different from TS data. If you make sure your settings are SMA and not EMA, the charts should be pretty close. I actually didn't adjust the MACD. I wrote my own TS...

A few had asked for some examples of the divergence trade. The market pulled back to the 62% retracement this morning and the 500 tick chart had a nice divergence signal on the 3-10 histogram. I am watching the 500 tick chart as volume has declined (see previous posts). The 1000 tick chart...

From what I can tell, you are looking at the market in a way that will give you an excellent chance to make some money. Your comment about not taking that short because the swing was getting old was "right on". I mentioned last week that as the volume declines during late June, July, and...