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  1. Drawdown Addict

    Put / Call Ratio influence on S&P 500

    Range bars end up having a time as well, essentially because you set up a price range that you want to display and the candle shows OHCL values until that price range is met. Time is variable until the range is met...
  2. Drawdown Addict

    Advice to all newbies

    Some of you must be really bored in order to reply to this crap. I am definitely not.
  3. Drawdown Addict

    Put / Call Ratio influence on S&P 500

    There are a lot of noise in bars below 1H. Some traders probably would say even below 1D. If you try to tame 5 minute bars with any algorithm you will find that you end over-fitting your code to the dataset. If you are not after any sort of market making algorithm, 5 min will bring you more...
  4. Drawdown Addict

    Joke of the year you gotta see this

    https://www.elitetrader.com/et/threads/trading-the-es-live-the-brooks-way.380818/page-2#post-6008554 This guy claims to be trading for 20 years and now is playing with a platform that asks him to make fake money. Really? He is full of shit
  5. Drawdown Addict

    Put / Call Ratio influence on S&P 500

    Traders normally love volatility, since it provides wider ranges. So if you stop when volatility is high you'll act against the majority. The bigger the risk the more chances to profit. We don't talk about drawdowns here...
  6. Drawdown Addict

    Any demand learning to write your own algos?

    Thank you for the detailed explanation. Have you explored PineScript with TradingView?, I feel like you could get a lot more from your time there. It is not much different from spreadsheet formulas, they have their own API that you'll have to learn but once you get familiar with it, there are...
  7. Drawdown Addict

    Any demand learning to write your own algos?

    Google sheets is the wrong tool for the job. IMO You are way better using any server side programming language and then, if you need a UI use Socket.IO to display any data on a local website. Would you care to describe in bullet points what would be the content of your course and why did you...
  8. Drawdown Addict

    ZN Quote on IB question

    The average price is calculated by dividing your cost (execution price + commission) by the quantity of your position. This value is then used to determine your unrealized P&L. Right-click the field name and select Configure Precision to specify additional decimal places that will display as...
  9. Drawdown Addict

    Put / Call Ratio influence on S&P 500

    PCR indicators don't include volatility so they are reliable when waters are calm. https://www.researchgate.net/publication/347156491_Index_volatility_and_the_put-call_ratio_a_tale_of_three_markets If you try to use the indicator in an agitated market results can be unpredictable. I use PCR...
  10. Drawdown Addict

    Level 2 for Stock Options?

    L2 per strike on an option chain. I even fail to imagine how would you display that, considering call and put sides. o_O But considering that an option chain is driven by the underlying and you are likely to get filled on the top of the book by the exchange, on the strike, what would be the...
  11. Drawdown Addict

    How to avoid major events volatility

    Look at Nvidia stocks. That triggered multiple events yesterday. You can get news from a calendar like this one. https://www.forexfactory.com/calendar That is useful for CPI reports and FED announcements. Also monitor the VIX, that will give you the panic sentiment. But it is hard to be...
  12. Drawdown Addict

    Is Ross Cameron from Warrior Trading P&L statement is legit?

    - He trades small caps - He is first, entering a trade in a chat-room that claims to have +5000 traders That is what you want if you are a small cap trader, everyone to follow you like a horde of minions. Good luck if you are the last in the queue. His methods might be legit to find stocks to...
  13. Drawdown Addict

    FYI: Historically the Next Two Months are Down

    I am going to call bullshit, just by looking at this year's chart. Jan and Feb quite the opposite, Apr quite the contrary Aug far away from 100% In six months it got 4 wrong, so yeah a whole lot of crap.
  14. Drawdown Addict

    Could Jane Street & Millennium be fighting over Destriero's SPX Skew Lock?

    I wouldn't be surprised if I see the trading world turning to use https://ziglang.org/ everywhere. But that would require people to actually study a language so I don't know if that will happen.
  15. Drawdown Addict

    ChatGPT (LLMs) replacing programmers? Ridiculous

    I know, I was just pointing the video for the banter. I am with you buddy.
  16. Drawdown Addict

    Rate Vol

    A quick way to get data for the that index is by looking at the Yahoo service. https://query1.finance.yahoo.com/v7/finance/download/%5EMOVE?period1=1693665474&period2=1725287874&interval=1d&events=history&includeAdjustedClose=true Where periods are epoch times as in: https://www.epochconverter.com
  17. Drawdown Addict

    Could Jane Street & Millennium be fighting over Destriero's SPX Skew Lock?

    Many people use Python because it has become popular, not because it is best for the job. If you search for a way to develop ML/NN chances are that you will be directed to an article that uses Python. Just because that is what web crawlers do, they point to what it is used the most...
  18. Drawdown Addict

    Could Jane Street & Millennium be fighting over Destriero's SPX Skew Lock?

    NDAs apply to people that are communicators and public figures, like Youtubers for example. I watched the other day a betatester that couldn't talk about a new game that is coming out for the Xbox. That is useful. For software developers is totally useless, because of the what I explained in...
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