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Yeah, strength is a good idea. I used it when creating horizontal support/resistance lines. For resistance, i needed peaks. To detect peaks i gave it back strength and forward strength. Back strength is how many bars are lower than the high of that bar before it and forward strength is how many...

Ok, so in the end he says it helped him see something he didn't before. So your point is the jack hershey method is useful? I know, i've read multiple opinions while reading the 100s of posts, and have seen that the majority of people have gotten something useful out of it but couldn't quantify...

-Go to a bittorrent site (btjunkie) and find the most recent torrents which are marked as having a virus. Download about 50 of them (you can go for a smaller size). -You can also find on various http download sites (filestube) various small apps that are linked to download. Most of them have...

I just went and read almost all of his posts. I didn't find anything too revealing. I have already coded a trend-channel constructor and future trend channel filter/constructor, as well as automated harmonics analysis and a lot of fancy stuff i've never seen anybody else code. This isn't about...

I've been reading 100s of posts on the Jack Hershey method with an open mind. I think it has a lot of potential if described correctly. After so much reading, i was expecting to get some clarification. I understand how trend channels are supposedly built, what an FTT is, how to read volume, how...

Google is your friend. I won't post a "let me google that for you" link, it's running out of fashion. But here's one result. https://www.tradestation.com/~/media/Files/TradeStation/Education/University/School%20of%20EasyLanguage/Books/EL_Essentials.ashx

Research done by the CIA in the 80s found that by scanning brains of people with EEG produced very weak signals in the brain that could anticipate an event that is about to happen. In their tests, the subjects were told to pick one of four cards that appeared on the screen one by one, and only...

You can maybe use EAs (expert advisors). They are little bits of code, but are usually simple. It works with MetaTrader afaik. Best thing is it has a wizard for building it without coding, and also there's an EA builder of some sort. Have a look: http://www.youtube.com/watch?v=Y5iQUN5eq1M...

Their solutions sound interesting. I'd like to know more as well if anyone has tried a demo of the robot or their complete solutions.

TA is useful, but not when big news (such as earnings) come in to play. Then you can ignore it. TA only tells you the overall underlying mood of the market, and you can maybe sometimes get signals out of that. TA is pretty much a filter to see trading activity which bounces up and down in small...

Yeah you should have a dual connection. Instead of a cellphone you can also get one of those USB sticks for 3G or whatever connection a mobile provider might offer you. That way it can fall back to that connection. If you cant make the fallback work, you can at least have another computer...

You know your system better than I, and you could probably answer that question better based on the specifics : mainly how important resolution (or loss thereof) and noise/accuracy are to your signal generation. Also, with the IB tick data, you won't get much out of doing that. Maybe with some...

Fairly low profitability PA. Only winning trades are short. Fairly low sample for backtesting due to longer hold times (not scalping robot). Looks like the last few months have started underperforming. Perhaps the market isn't fitting the robot any more. Jumps in equity curve very unreliable...

Regarding slippage, well alright if you took the time to compare live vs backtest, then that's pretty good. I still haven't done that, but it's a good statistic to have. Regarding using 1-min bars as "low pass" filters, I get the idea but I'm not sure I agree with it. Mainly because, your...

Yes, that's bad for IB and us customers but this quote is kind of reassuring (if you can ever trust what they say) that IB isn't gambling quite so much with customer's accounts.

It sounds to me like you're not using fully simulated ticks from historical bars. What I mean by fully simulated ticks is that for each 1-minute bar you create eg 60 prices - 1 per second - and this is simulated in your backtests. For example, for an up bar, you would have 3 stages: open-low...

I've seen the EAs he's talking about and the platforms and methodologies they were backtested on. Let's not turn this into a backtesting debate, but I have to say, those backtests which give the equity curves for those EAs are pretty useless. Most of them just use the typical price of a bar and...

I did this a while ago using eSignal data feed and a Ninja Trader indicator which I coded. It would have two charts in it and do the correlation studies from there. I since abandoned it and am using my own platform coded from scratch with either eSignal or Interactive Brokers data feed via the...

7% is a psychological number and a pretty high one. It's simple, if the yield is higher it means Italy has to pay more "intrest" on it's debt, and thus more cash to the banks it owes money to. This decreases the likelyhood that it can pay them off, and increases likelyhood of default. If it...

Well hmm, I think a good logical trader will be able to describe to you how he changes his daytrading rules based on conditions. I am confident these can be implemented so that a single system slowly blends between different rules for different market conditions. Now this is my conviction, based...