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    The Perpetuated Fraud of Candle Charting

    You are so cruel to make an old man feel his decrepit age! Venerable Eli was at least as old as I am now when I first met him. I'll never forget the little mnemonic he taught me way back when: Black Boys Rape Our Young Girls, But Violet Gives Willingly, Get Some Now. A mnemonic doubtless needed...
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    Daily Hottie

    OK. New game. Yesterday's hottie.
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    Automated Volume Gaussian Code

    Thank you all for your kind contributions. In closing, let me reiterate what the point of my inaugural post was that I failed to see until just now. If you insist on seeing in a sequence of volume bars a construct called a "guasian", then you might as well enhance the chart to make those...
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    The Perpetuated Fraud of Candle Charting

    Thank you all for expressing your opinions. As an agitator I do so love getting my establishment betters riled up. Interesting that no one commented on the central feature, which is compressing a fast chart to the scale of a slower chart so you can actually see what is going on inside those...
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    Automated Volume Gaussian Code

    Thanks, Tikit. Interesting that yours and the Rock's have some differences, though not major. And thank you, Todd, for your comments. I was not attempting to recreate what you do, since I don't really need it, but to suggest that there may be hard-coded ways to do it. I fantasize that as...
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    Automated Volume Gaussian Code

    Hahahahaha! Thanks! Very enlightening. Are your lines manually or code generated? And I agree that you are more sedimentary than igneous.
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    The Perpetuated Fraud of Candle Charting

    The original text on candlestick charting was Seiki Shimizu's "The Japanese Chart of Charts," translated to English by Gregory Nicholson. Therein it is clear that the original and still then current application of candlestick charting and theory was to the daily chart. Subsequent supposed...
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    Automated Volume Gaussian Code

    I said I would post a large chart for today. Here it is. Now I'm gone. Got too many other things to work on to waste time talking to rocks.
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    Automated Volume Gaussian Code

    Sorry not to have responded sooner. I was doing something quite out of character for an ET member: trading. Jack, I am nearly speechless at the fact that you have an engineering education but fail to apply appropriately quantitative tools to the avocation of trading. It is as if you were a...
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    Automated Volume Gaussian Code

    Charts. Of course you are right. That's why all the guasian slopes drawn in Iterative Refinement by the verified annointed look identical for any given day. Not. Hopeless. Sans espoir. In any language. But I thank you most profusely. Note that "profusely" is a word most often used in common...
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    Automated Volume Gaussian Code

    But we digress. Perhaps for the feeble-minded I should have described this code as a "Gaussian Smoother" or an "Interpolated Gaussian." Do the volume patterns Jack originally called "guasians" even remotely resemble Gaussian distributions? Not very damn often. You have to be half blind like me...
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    Automated Volume Gaussian Code

    Charts, sorry, it was an IQ test. You should be used to that. Like trying to understand what Jack posts. What I posted was admittedly a leap of imagination for folks used to slavishly following recipes. Do you cook? Don't you ever dick with the ingredients just for the fun of it? Put jalapeno in...
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    Trading ES or YM

    Sage advice from GOP trader. It may take you ten years to "get" all the ways in which the one you pick is idiosyncratically different from the others. Therein lyeth profitable trades.
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    Automated Volume Gaussian Code

    Charts, sorry you don't get it. You remember what Ralph Ellison put in the note in the envelopes in his brilliant novel Invisible Man? You don't? Go look it up and take its advice.
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    Automated Volume Gaussian Code

    It's not a matter of suspending disbelief. A ghost or poltergeist just moved my cane from beside the chair I was sitting in to a room a haven't been in all day, and I believe that. I believe that three days running while I was in the house alone someone pulled the grille off the same speaker. I...
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    Automated Volume Gaussian Code

    All that said, thanks for your reply. As always there is a golden needle in your haystack. I sincerely wish that everyone else could see that.
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    Automated Volume Gaussian Code

    Criticism noted. I chart on a 26-inch monitor, so I don't notice it. As to Traders Laboratory, regrettably I must demur. I cannot in good conscience act in any way which diminishes the value of ET as a community of learning. I will bravely sling back any excrement the anti-SCT foule may unwisely...
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    Automated Volume Gaussian Code

    Sorry, it is a bad habit acquired from people saying that they reverse engineered my codes by being able to scale off the numbers. I will post a larger example tomorrow night. Thanks for the suggestion. It is also my intention to compare slopes and turning points identified by this code to those...
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    Iterative Refinement

    It deeply distresses me to see this fine thread semi-moribund. Kindly permit me to offer the modest improvement in automated assessment of volume gaussians presented here: http://www.elitetrader.com/vb/showthread.php?threadid=184774 The code's objective is to eliminate, insofar as is...
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    Automated Volume Gaussian Code

    One of my difficulties practicing the Seamless Continuous Trading method of Mr. Jack Hershey has always been my inability to properly analyze Volume Gaussians under conditions which to my watery and cataracty old eyes seemed to be ambiguous. In a dream this morning (I code in my sleep while...
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